RATES CREATE MARKET INTEREST

Investment activity is set to increase in WA in response to the record low interest rates, according to the industry experts. (hmm has your bank passed on the decrease?)

The Reserve Bank of Australia's decision to cut the official cash rate by 0.25 per cent this month could also result in increased first home-buyer activity. (actually saw that today)

For investors, the potential total return - capital growth and income return - from property would be higher than other investment assets. (more than likely)

It is also further encouragement for first-home buyers to become involved in the market, attracted by the cheaper mortgage repayments.
This cash-rate cut, combined with the increased listings, made now the perfect time for homeowners to take advantage of this point in the market cycle and upgrade their property (have always said buy and sell in the same market) 

Keep your repayments as is and you will pay off your mortgage sooner is the advice given.  (Absolutely fantastic advice don't go spending it, pay the same payments makes sense)

However, whether this is enough encouragement to combat an over inflation of investment properties within the WA property market, which directly correlates with the rising vacancies, will be the big question !! (Who has the crystal ball no one, just make sure your rentals are in tip top condition and attract the right tenant)

The Reserve Bank has made it very clear that there is room to move again if the need arises. (Well they are making an absolute killing aren't they?)

The Australian economy has been fairly sluggish of late, with unemployment sitting at high levels (of course it's summer no one works ha ha) and consumer confidence sitting at near-record lows.

If the economy shows no signs of improvement in the short to medium term, we believe the Reserve Bank won't hesitate to cut the official cash rate again (fantastic I think!!!) 

MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO !! 

(Article from the West Australian 14/2/2015, except comments in Red)