Property better than Shares, Gold and Cash

Property is a better investment option than shares, gold, super or cash in the current environment, according to a survey by comparison website Finder.

Finder’s latest RBA Cash Rate Survey found 32% of analysts and economists rated property as the best investment option, followed by shares at 21%, gold 14%, superannuation 11% and cash 7%. All of the respondents expected a cash rate hold in August, though most (72%) forecast a rate increase in 2021 or 2022.

“This environment has also pushed interest rates lower than ever,” said Finder insights manage, Graham Cooke. “We’ve just seen the first sub-2% loan hit the market, and that could be a sign of things to come.”

Banks are eager for new business, especially for owner-occupier customers. It’s the ultimate borrower’s market, he says.

If you’d like to discuss making your investment dream a reality, call (03) 9827 1777 or “Book a call” and we’ll contact you when it’s convenient for you.