Where should you be investing your Money?   I've just read something very interesting that I'd like to share with you...   It’s the latest report on Residential Property Prospects - 2008 to 2011 from the leading economic forecaster BIS Shrapnel.  House prices are tipped to rise in this new financial year due partly to the fastest population growth Australia has experienced in decades. This increase in growth has even outweighed the effects of recent interest rate rises.   The report said our residential property markets would experience marginal growth in prices in 2008/09 as the population was expected to increase by 1.5 per cent, its highest level since the late 1980s.   Apparently we are experiencing “record net overseas migration flows which is underpinning what is already strong underlying demand for housing”. Although BIS Shrapnel are predicting another interest rate rise in the September quarter, they have said that higher rates are more likely to stop growth in property prices rather than force a downturn. Surely this will put the recent media claims of a property market crash to bed?   BIS Shrapnel have also predicted that banks may offer more attractive lending rates in 2009 as the recent credit conditions recover.  It is said that rising rents and improving credit conditions would cause our housing prices to increase in most capital cities.  "This easing will enable house price growth to pick up in many centres during 2009/10 and 2010/11" she went on to say.   Queensland is expected to grow strongly in the three years to June 2011. Median prices in Brisbane, Gold Coast and Sunshine Coast residential properties are tipped to enjoy a nation-leading 22 % growth.  Predictions for Australia’s highest median house price of $650,000 by mid 2011 is Sydney, with real estate values in the capital expected to climb by 18 % during the next three years. And the slowest capital city median house price growth is tipped to be Perth, with only a predicted 9% increase in the three years to mid-2011. Perth's forecast median house price of $500,000 by June 2011 is tipped to be overtaken by Darwin with a median value of $515,000. This would have the Northern Territory capital city experience a 21 % growth in housing prices during the next three years.   Median house prices in Melbourne and Adelaide are predicted to grow by 16 % by June 2011, followed closely by Canberra with a tipped 15 % increase. And what of Hobart in the southern part of the country? Although house prices are tipped to grow by 14 % by 2011, they would still present the nations lowest capital city median house price with $365,000.   "Real estate is still a safe investment in the current economic climate”. And those of you who have attended my seminars and watched my DVD program would know that I believe there is no right or wrong time to buy a property. Trying to time the perfect turn in the property cycle in which to make a purchase is virtually impossible and given that right now we are seeing some of the best buying opportunities we have seen in years, we want to help you grab some of these opportunities.   I am a great believer in accumulating real estate and current market conditions are at their best for picking up some great bargains.  It’s amazing the more the media talk about economic doom and gloom, the more vendors start to be conditioned to receiving a lower offer - so get ready for some great bargains.   Now saying that, don’t just go out and grab any cheap house on the market.  There is an easy set of principles we use for selecting the right house, in the right location, that will get you the best return on investment.  And knowing how to negotiate the deal in your favour is key to creating the best deal.   To help you with this, we have an amazing home study program called "Rich In Real Estate".   It will teach you the techniques to select the right property in the right location for maximum return on investment and all the strategies for negotiating the best deal.   We show you how to work out exactly what you should be paying for a house, to make sure you make as much money as possible from each property deal.   Rich in Real Estate has helped many of our clients buy amazing investment properties and homes in locations they never dreamed they could. We have a fantastic finance broker to help you along the way to make sure your investing future is as simple and trouble-free as possible.   Find out how other people have benefited from "Rich in Real Estate". Click here.     To your success. Jules Dawson         Jule Corporation Pty Ltd PO Box 1241 Mullumbimby NSW 2482 Telephone: 1300 557 881 Email: jules@julecorp.com Web: www.julecorp.com