Firstly, the recent surge experienced predominantly by the Sydney market is merely a “Catch Up” rather than a “Boom”, particularly after some weak performance in the preceding years. The Melbourne market has been more of an ‘over performer’ over the past 5 or 6 years, defying the forecasts of many property market analysts.
Any talk of a Property Bubble is purely the media using sensationalism to sell newspapers. However, while the right properties in strong markets will continue to achieve impressive growth, certain property types will be in massive oversupply in the near future and result in some sharp declines.
Secondly, when it comes to the recent success of the Australian property market, we’re not at the “end” of anything. As property investors we are blessed to be provided with an abundance of investing opportunities in this country, with more affordable markets and more quality property cycles to monitor than ever before.
Now, to be clear, one person cannot be an expert on ALL of Australia’s property markets and cycles, as there are just too many to monitor at any one time. This is why our team are continually focused on what we believe are the top 70 or so property markets across this great nation of ours, and through weekly mail outs we hope to keep you as informed as possible.
What our research uncovers is safe, affordable and reliable hidden property gems found within capital cities and major regional hubs. Now, don’t get me wrong... The big Capital city property markets will always have strong opportunities, and we certainly have NO INTEREST in mining towns, but what we are seeing is the emergence of large regional centres that have consistent capital growth, low vacancy rates, infrastructure and all the other defining factors A-Grade Investors look for before investing.
The research is showing that owner occupiers are now flocking to these large regional hubs. Areas such as Port Macquarie and Coffs Harbour are providing desirable, family friendly communities that make the great Australian dream of the white picket fence and kids playing in the front yard affordable once more. That, along with growing infrastructure (airport upgrades, hospital expansions, the growth of the beach side and cafe culture etc), is also making it attractive for Grandma and Grandpa to downsize and retire happily, while still being able to have the family up to visit during the holidays.
As a bi-product, the game is changing, and as investors we must always change with it.
To find out more on all these property markets, including which markets are ripe for the picking right now, book your ticket now.