If you've ever thought about buying property in Carlton as an investment, now could be the time to do it.
That's because recent research from ING Direct has found that many people don't believe their super savings will be sufficient in retirement, which is where property could help plug the gap.
Several respondents were asked what other sources of retirement income they were considering. The most popular choice was to build alternative savings, which gained 20 per cent of the vote.
However, 13.2 per cent revealed they had thought about investing in property to give them a little extra cash for a more comfortable retirement.
The least popular option was to rely on inheritance from family members, which received just 7.1 per cent of the Generation Y vote.
The prospect of investing in property can seem daunting, which is where the team at Ray White Carlton can prove invaluable.
With years of experience in the local market, we can help with everything from choosing the home right through to property management once your investment is up and running.
We recommend that you give us a call to discuss in more detail what our team can offer.