Sydney – is it the right time to invest in property?

Three points that need to be analysed

1. Sydney house price trends – Sydney house prices have fallen more than 10%, one of the highest in Australia, in the past 2 years. And there are various indicators that the price is on the upside
2. Interest rates – For buying a house in Sydney, interest rates is a big factor as it determines your service capacity and indicates the overall cost of acquiring an asset. Interest rates are now all time low.
3. Employment – Data suggest the unemployment is steady.

The three indicators suggest that we will see an uptrend in house prices and you would definitely want to ride the wave when it is an uptrend. I believe it is a good time to invest, at least think about it – it’s just my suggestion.