How To Pick The Next Boom Market In 2018
Looking to buy an investment property in 2018 but not sure where?
After all, things have certainly changed from about 12 months ago
CoreLogic reports Sydney property prices have just had their first full year of price falls… and Melbourne is following
Domain.com.au reports that in some areas of Sydney, the median price has dropped by as much as $230,000
That’s nearly a quarter million dollars
So with all this change, it can be easy to think that you’ve missed the property boom
But that’s not true
Sure, you might have missed Sydney and Melbourne’s property booms
And although those markets won’t crash…
It could be many years before prices rise again
Remember, the previous boom in Sydney ended in 2003 and it was 9 long years, until 2012 before prices started to rise again
And this most recent boom has been the biggest we’ve ever had
So, it could easily be just as long before prices rise once more in Sydney and Melbourne
But you’ve also got to understand that Australia is a country of multiple markets
For example, while Sydney and Melbourne were rocketing along over the last few years, Perth was actually going backwards
So different markets around the country do perform differently… and at different times
And now that Sydney and Melbourne are cooling off, as all markets do… the question is where do you invest now?
Well, that’s exactly what I go through in this video.
I point out the 7 things you need to consider to help you analyse the next market to grow, without even needing to leave the comfort of your own home.
So go ahead and check it out now.
To your success,
July 23, 2021