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Steve McKnight's Market Wrap For June 2008
The movement in median house prices for the 1st quarter of 2008 indicates that the Australian property prices are declining.
It seems that higher interest rates and a pessimistic outlook are starting to impact with falls recorded in median house values all major capital cities, for the first quarter, except Darwin.
Although house prices are falling, rents are increasing. This means that the return on investment (yield) for property investors is increasing?
But does this mean it's a good time to be investing? Steve McKnight - who features in the short 5 minute video below - believes the best projects in the current market are those where you can get in, make your profit, and then get out!
To begin watching the video, simply press play.
When you're finished please remember to send your questions and feedback to: feedback@propertyinvesting.com
Steve won't be able to answer emails personally, but he will try to answer questions in future videos.
DISCLAIMER: This video is not intended to be a substitute for investment or accounting advice. It is a broad discussion to provide a general understanding. Before acting, you should seek specific advice for your unique situation.
Note: If you'd like to watch the video in full screen mode, simply click the 
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