The dynamics of a property market are very complex.

It is not normally possible to have the property investors' Holy Grail of both high capital growth and high rental yields - but under certain conditions, for a short time only, the Holy Grail is achievable but you have to act quickly to take advantage of it.

So how do the conditions for both high growth and high yields come about?

There is a dynamic between capital growth and rental price growth.

Usually people want to buy their own home and if they can afford to do so then they do so in their droves, often leaving the rental market static.