The good news is, interest rates are still well below their highs in 2007/8, which means they still have some way to go before many properties slide into the negative territory.
The not so good news is that interest rates are going up faster than normal, thanks to the out of cycle increases by the banks. If you combine this with the rapid rise in property prices across capital cities, you could see how the excellent cash flow positions achieved last year is slowly being eroded.
Fortunately, there are many things you can do now to get ahead of rate increases. You may not feel the pinch just yet, but assessing your current position in terms of rents and finances will go a long way to helping you navigate these bumpy waters.
Your Investment Property reveals top 12 tips on how to boost your cashflow and 35 high yield areas where only one property could earn you an extra $22,471 a year!
