Author
Nila Sweeney is a broadcast journalist, print and digital writer and editor with 10+ years’ experience creating hard-hitting content across multi-media platforms.
Previously the Managing Editor of Your Investment Property Magazine, Nila is now a property reporter at the Australian Financial Review.
Sea-changers who were priced out of the market in recent years are now able to grab bargain beachside homes thanks to falling demand and hefty discounting among vendors.
Australian property investors who can ride out the current downturn are poised to reap at least 9% per annum return on their investments over the next five years according to Residex.
The Australian economy will not fall into recession despite signs of slowdown according to leading forecasters.