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Chambers Fleming Padstow

2 Faraday Road Padstow

02 9771 4555

02 9773 9581

rentals@professionalspadstow.com.au

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Coalition secures Election win

11 Jul 2016 Padstow 0 Comment

Now the election results are official, we are looking forward to a stronger property market with an increase in listings and buyer confidence.

One of the key issues facing voters in the 2016 Election was Labor’s proposed changes to negative gearing. Under the Coalition, changes to negative gearing will be limited, which is a win for the investors, tenants and the industry.

With housing affordability being another key issue for first home buyers, Malcolm Turnbull has promised to fund new developments to increase hosuing supply as well as invest in further infrastructure projects. Combined with the continued low interest rates, there is now greater opportunity to capitalise in the current market.

If you have any queries regarding the current market, we welcome your call today on 9771 4555.

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