property investmentCommentators and experts are predicting a killer year in 2014 for property investment. Australian cities are set to reach new heights in the new year with significant property growth of up to 10%. Buying an investment property is a fantastic option for 2014 due to this expected growth and the definitive return it will bring for investors.

Property commentator, Terry Ryder, believes Sydney and Melbourne will experience a 5-10% growth in 2014, which will be “more evenly spread across the middle and outer-ring suburbs”. Ryder predicts Brisbane to be the dark horse of property investment in the new year, with a strong housing increase of even over 10%. He believes Perth will have another solid year, Adelaide will show ¬†moderate growth and Hobart, Canberra and Darwin will quieten down. The best regional areas to keep your eye on are reportedly Narrabrai and Dubbo in NSW, Cairns, Myles and Rockhampton in Queensland and Port Lincoln in South Australia. Ballarat and Bendigo in Victoria will also see a housing price boost thanks to hugh infrastructure spending regional rail links.

Blogger, Peter Wargent, agrees that Canberra will experience troubles and Melbourne’s property investment momentum will be maintained, but thinks Sydney and Brisbane will be the clear standouts.

Chris Gray reminds us the success of commercial property investment depends on the suburb, street and price point of the property you’re looking to buy or sell. Gray thinks properties under $1 million in the capital cities will continue to be in short supply, high demand and therefore undergo rising prices. His favourite suburbs for 2014 are Bondi and Coogee beaches, Kirribilli, Cremorne and Balmain.

Chief executive of Stockland, Mark Steinart, projects three years of housing recovery and growth with the key driving factor being confidence not interest rates. You need to ensure you get the right advice and make smart choices when it comes to property investment, so talk to Momentum Wealth before making any decisions about investment. With such a large variety of property specialists predicting such significant property growth in 2014, why not become part of the trend and invest in a property yourself?

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