New Design Transport Technology Ideas, effect for your Home?

Today, I am reading of the forty models of new electric cars, due within two years. Some companies have announced up to forty new electric models are on the way. This year we can look forward to the Imiev from Mistsubishi. While the Leaf from Nissan is not far behind. All the major manufacturers are developing these electric vehicles.
How does this effect property ?
Well, some home buyers have been insisting on only buying, walk to tram or rail. They are fearfull of a future oil price surge. As the electric cars with lightweight and efficient Lithium batteries become available. I suggest the desperate desire to buy only in the inner suburbs may abate.
While, there are good reasons to buy in the Inner ring suburbs, let the fear of high petrol prices not be one of them!  The middle and outer suburbs will return as great areas to live. !
Right now we have available the Electric bikes, some so convenient as one can fold them up and carry them to work. Here’s my idea, cycle on the bike to the railway station and carry the bike to work, or lock it up in the secure yard.

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Design, Idea your Finanicial Future thru small Investment homes

Currently, reading about many ways to tackle the investment property home market.
1   Buying Aged Care units with a high yield, and modest capital growth prospects. Its self funding strategy. Most western countries have an aging population as, so called Baby Boomers are nearing retirement.
2   Buying within easy walking distance of excellent public transport like a railway station, or tram stop, even where a new train station is expected. In Melbourne, its a hot strategy to buy where the tram lines have recently been extended. In outer areas, the housing estates adjacent to a new rail line or walk to a new station are selling extra well. The theory being one can expect few new lines, but expectation of more trains on current lines.

3   Buy in mining towns where the miners are highly paid and mobile, providing an excellent rental market at a good yield.
4   Buy inner city apartments, as the numbers of single households continually expand. There is a greater concentration of entertainment in the inner city and more government services and transport.

5   Buy Historical homes within the inner and middle ring suburbs, as they are not building any more Historical homes.
6   Buy in beachside retirement areas, where the bulge of retirement buyers are expected to move into in future years.

All these are interesting strategies. I am not recommending one over another. Sufficient to say if one can buy and renovate in areas where ” there will be continually rising demand”, you should be well.
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Design your investment home Property market ideas

Reading the popular press one will notice  all sorts of “reasons” why house prices are rising,
1   Immigration is above many expectations adding to the total population growth of 435,000 last year. While the resources states of QLD  and WA are the fastest growing, somewhat suprizingly, Victoria is also growing fast.

2   Melbourne, in Victoria had the fastest price rise with house values up 19% over 2009.
3   Some experts are now quoting returning expatriate workers are boosting the market. Readers will be familiar with this theme. Where, I claim some 900,000 Australians are working overseas. Given Australia is one of the fastest growing developed countries a fair portion must be expected to return, as Australian income tax has fallen and the A Dollar is up.

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4   Recently, some of the government plans to double public transport for instance is generating confidence in Victoria.

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Why Population patterns ideas, for home renovating.

The papers, today 29/03/2010 are noting the population pressures on the home  market. Given population growth of 435,000 about double that of only two years ago: there is pressure on the rental and home markets. Quite simply there aren t enough being built, current home commencements are around 140,000. When at least 180,000 are needed. Clearly, the prices of second hand homes are rocketing. The Queensland Premier is bleating on about being poorly informed. Anna Bligh seems to think Federal government should be releasing more information. WA and Qld are the fastest growing states and have been for many years. Auction clearance rates are up both in volume and percent terms. Many properties making over the expected valuation in Melbourne.
Where is the immigration pressure coming from? Latest figures reveal they are from India, China, Indonesia, Malaysia, and New Zealand. I claim only six major countries have a big immigration policy: USA, Canada, Germany, UK, Australia and New Zealand. Currently, Canada is cold, NZ  is a slower growing, small economy, UK has restrictions on Indians and Pakistanis, USA is a slow economy, Germany has their own prejudices. Given, Australia  is one of the faster growing developed countries Australia has particular appeal, noting the above comments.
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