Australian Property Market October Update – Is the Housing Crash About to End Sooner Than Expected?

By: Niro Thambipillay

October 6, 2022

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Is the Housing Crash Really About to End Sooner Than Expected?

If you live in many parts of Australia (outside of Sydney and Melbourne) you might be thinking “What Crash?!”

And you’d be right! Property prices in many areas have continued to hold their value and even rise, despite interest rates increasing.

But the problem is most of the noise in the media has been focused on our two biggest markets – Sydney and Melbourne.

Yes, those markets are on the decline

But…

That decline has not filtered to all other areas of Australia.

In fact, there are many markets around the country where you can get houses for under $700,000 which are still really hot.

And now…

In an apparently surprising twist of events…

There is evidence that the property decline in our two biggest markets is also starting to slow.

Now that doesn’t mean you should go and buy anywhere and expect to make money. That’s so 2021!

However, it does mean that if you’re someone who’s been waiting for the right time to buy an investment property, that time might be on you sooner than you realize.

Want to know more.

Then check out this week’s video.

In particular you’ll discover…

*** What’s happening to our different capital city markets right now – and why it’s so easy to make the wrong conclusions

*** 3 reasons why this so-called “property crash” is about to end far sooner than expected… and why the worst of it is already over.

*** What drove the biggest property correction in the last 50 years (Hint: it was NOT rising interest rates or a recession) And what it means for the future of property prices right now

*** Trying to wait for the bottom of the market? Why it could be a recipe for regret and missed opportunity.

Now, if you’re someone who believes the media is right, if you’ve bought in to those clickbait based headlines about the property market crashing, then here’s what I suggest…

DON’T watch this video. You won’t like what I have to say.

This video is only for people who are looking to make property investing decisions based on data. Is that you? Then check out this week’s video.

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Want Niro’s help to find an investment property? Check out this free video now 👉 https://www.nirocall.com/baexplain

Financial disclaimer: I am not your financial advisor and the opinions I share in this video are purely my opinions. This is not to be considered personal advice as it is general in nature.

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