On a scale of one to 10, residential real estate scores below average for thrills.<\/p>\n
\u201cIf you want an investment that keeps the adrenaline running, it\u2019s not residential real estate,\u201d Bellarine Property managing director Christian Bartley said.<\/p>\n
\u201cThe stock market, for example, is more volatile and much more likely to keep you on the edge of your seat \u2013 but the very reason it\u2019s more exciting is that the risk is greater.<\/p>\n
\u201cThe highs and lows of the stock market are more dependent on the vagaries of global economics \u2013 and predicting with any certainty where the gains are to be made requires a lot of time and expertise.\u201d<\/p>\n
He said that residential real estate, on the other hand, doubled in value every seven to 10 years.<\/p>\n
\u201cRecords kept in Australia for 120 years and in England for 900 years show these figures are consistent over the macro time scale.<\/p>\n
\u201cWhile it is true that at the micro level there are times of negligible or even negative growth (in the 1930s Depression, for example), the following years usually show huge growth so that the average remains constant at 10 per cent and values double in the seven- to 10-year time frame. Which is why real estate is predictable over the long term, even boring.\u201d<\/p>\n
Mr Bartley said more and more investors were deciding that they can get their kicks from something other than their investments.<\/p>\n
\u201cThey prefer to start their investment portfolio by doing their homework and making a prudent buy \u2013 then they sit back and wait for the long haul. Not as exciting, perhaps, as rushing to the all orders, but a lot less time consuming and much more secure.\u201d<\/p>\n
For more information, phone Christian Bartley on 0410 695 325, email christian@bellarineproperty.com.au or head to bellarineproperty.com.au.<\/p>\n","protected":false},"excerpt":{"rendered":"
On a scale of one to 10, residential real estate scores below average for thrills. \u201cIf you want an investment that keeps the adrenaline running, it\u2019s not residential real estate,\u201d Bellarine Property managing director Christian Bartley said. \u201cThe stock market, for example, is more volatile and much more likely to keep you on the edge […]<\/p>\n