Does it seem to you that everyone you know owns an investment property?
Here are some surprising facts:
Just 7.9% of Australians own an investment property with most owning just 1 property
The most recent taxation statistics show there are 2.03 million individual investors, which implies most property investors own only one rental property
CoreLogic estimates there are 2.6 million investor-owned dwellings across Australia worth approximately $1.37 trillion. Investor-owned houses comprise 26.9% of all housing stock.
So, 92% of people that invest will never pass the first investment property, meaning 9/10 people you talk to that do invest only have one investment property, yet we turn to our friends and family about property advice. We don’t go to a tennis coach to learn how to play golf, and I think we should adopt the same philosophy when it comes to making the right investment decision. RPA has helped families for over 20 years build and protect their wealth through property investment. If you would like to know how to be that 1% of all investors, and achieve financial success through property investment, call us for a free discovery session on 1300 989 542 or enquire here.