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Creating Wealth Through Property

By Livingstone Homes

While it is true that most of the globe is still suffering from the GFC, here in Australia, and certainly in Queensland, investing in property is still a wise and safe way to create wealth.

With the mining industry going from strength to strength, folks from the south, and overseas, still moving to Queensland in record numbers, residential homes are in great demand.

In some parts of Queensland such as the mining towns of Dysart and Moranbah, it is not unusual for homes to attract rents of up to $2500 per week.

In the coastal towns of Mackay, Yeppoon, and Airlie Beach, rents do not reach those heights, but they are still high, and long term quality tenants are readily available.

All in all, investing in residential real estate is certainly to be considered as part of your wealth creation strategy.


Contributor's Note

Livingstone Homes provide sustainable and affordable investment homes in Queensland, Australia. Home Loans for Investors are available through Livinstone Financial.

External Links

Home Loans for Investors

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Investment Property
Investment Property

Contributed by Simon on August 15, 2010, at 7:05 AM UTC.

PLEASE VISIT THE CONTRIBUTOR'S WEBSITE
Livingstone Homes
Builder of sustainable affordable homes.
www.livingstonehomes.com.au

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Thank you for sharing this up-beat intel on the housing market in Australia, Simon.
We're still suffering from the housing meltdown in the United States. Hopefully, there is a light at the end of the tunnel.
Keep up the good work.
Best wishes.
Frederick

frederick Aug 18, 2010 13:29

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This intel was contributed by Simon


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