According to the most recent Westpac and Melbourne Institute Index of Consumer Confidence, you are not alone.
Consumer sentiment rose again in March 2013, recording a positive result for the fifth consecutive month.
The index lifted two per cent to from a reading of 108.3 in February 2013 to 110.5 in March.
Chief economist Bill Evans from Westpac Banking Group advised that consumer sentiments have risen by 15.1 per cent over the last year, achieving the highest levels seen since December 2010.
The lift in confidence has been attributed to a large degree to consumer reaction to interest rate cuts delivered between November 2011 and December 2012.
Click here to read more about the results from the index.
Thanks for your comments Linda, now is definitely a great time to consider purchasing an investment property. If you are planning on making a purchase, ensure to request a Tax Depreciation Schedule leading up to settlement to find out how much you are entitled to claim in depreciation deductions.
All the signs are extremely positive in the market. With interest rates at such a low level property investment is foremost in my mind.