When you consider the conversations going on regarding cash rates, inflation being under control, record median house prices and increased rental demand, I personally believe we are entering the perfect storm for a continuation of house price increases in the immediate future.
This only highlights the urgency needed for people looking to upsize. Delaying that decision for 6 to 12 months will only cost you more and more equity would be required the longer you leave that decision.
Similarly, any new investors looking to start a portfolio should capitalise on the massive shortage of available rental properties. Whilst yields are potentially low, the forecast of rents to still increase can only be promising.
Long story short, I’ve never been more passionate in telling people I personally know, that now is the time to get on with your property dreams and goals. Today, now, don’t delay.
For those interested in getting started in investing, the next 7 Steps To Wealth webinar is scheduled for the 5th of March. Please feel free to fill out the form below if you would like more details.
Until next time,