If there ever was a great time to buy property in Australia it must be now. Of course as usual this is speculating on the fact that the real estate market and the rest of the Australian market will recover - but does it not always bound back? Well I guess the economy could collapse alltogether - but if it does not, then THIS is the time to buy real estate in Australia.

As you know the interest rates are starting to rise and the real estate market is already on an upwards trend. Maybe global events like the insolvency in Dubai will keep the Australian Real Estate Market from rebounding quickly but it simply will. Given the indicated population growth figures for Australia over the next 20 years housing will more and more come into short supply.

Today the situation on the real estate market is unique since you can not only secure your property at a low value almost guaranteed to increase but you can also secure longterm, incredibly low fixed rates. If you want to be on the save side of things, figure out what you can afford and fix your interest rate for as long as you can. It is a 50 year low the interest rates are currently in and even if to fix your loan will see you paying interest rates well above the current variable market rate you will be laughing as the real estate market starts to rebound.

So whether you are a serious investor or a startup buyer - get on with it now, secure your financing and buy 2 instead of one property. And what if things get worse and the global financial crisis gets worse? What if you end up regretting buying in a year from now? Well first of all I don't think so but even so - looking at a 10 or 20 year span you will simply be laughing and many real estate specialists know that the next 6 to 12 months are probably going to be remembered as the most favourable real estate investment situation over the next decade.