As per my blog a few months ago, we are seeing Sydney and Melbourne’s markets continue to rise although stabilising this month. It is largely the properties that fell post-2017 that have bounced back and are still likely to get back to 2017 levels in the next year or two but not much more.

 

It is the Brisbane market that has been held back for so long that seems to be lining up the ‘bounce back’. CBA is calling only 4% in 2020, where SQM are calling  4%-6% and others like BIS shrapnel are calling 20% over 3 years.

 

My prediction is that Brisbane may go as much as 10% in 2020 and probably around 40% over the next 3 years. History says when Brisbane runs it grows 80%+ but I believe lending conditions and economic tightness will keep it to 30% – 40%. Let’s have a beer at the end of 2022 and see who is closest.

 

My most recent and my next property purchase are both in Brisbane and that is for a reason… capital growth with the security I’m buying into one of the best yields in the country.

 

With dual key yields around 6%-7%, you are being PAID to buy property now. If we are talking NDIS options we are over 12% but that is a longer story.

 

Enjoy the blog post below and please make sure you rattle my cage and talk about your own plans before the year is out.

Property is back in the news and making headlines again.

But in a very different way to this time last year.

Nationally, property values recorded the fourth consecutive month of growth in October taking growing value 2.9% higher of the quarter.

So rather than being worried about property Armageddon, now the commentators are asking how strong the markets will be with a recent forecast suggesting dwelling prices could rise by more than 15% in Melbourne and Sydney next year.

After struggling for two years, the Australian housing markets are on the up, now delivering positive growth for 4 months in a row.

But what is really ahead for our property markets for 2020?

Investment Property Spruikers Are The Real Sharks Of The Industry

Let us first say, there are some fantastic people in the property investment industry. We should know; we have met with them, worked with them, cried and laughed with them and still share stories and problems with some we really like and respect. Then there are the...

National Radio Interview and how to avoid Property Sharks

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Don’t Get Bitten By The Sharks!

I share some savaging stories in my book, How to Jump into Property Without Being Eaten By Sharks about spruikers and marketeers. One particular story about a company headed up by a nice enough gentleman who seems very charitable, shows pictures of him in fancy houses...

National Housing Market Update for October 2019

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With Discipline And Focus You Will Achieve More Success

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How Do Parent Guarantor Loans Work And Is There A Better Option?

WITH THE SYDNEY MARKET COOLING OVER THE LAST FEW MONTHS, IT SEEMS THAT ENTRY LEVEL PRICES ARE NOW AT LEVELS WHERE FIRST HOME BUYERS ARE ONCE AGAIN INTERESTED IN ENTERING THE MARKET. LATEST DATA FROM THE ABS HAS REVEALED THAT FIRST HOME BUYERS NOW MAKE UP 18.3% OF THE...

What To Do When You Can’t Rent Your Investment Property

The biggest concern for clients that I have heard over the last two decades is “What happens if my property cannot get leased out?”.   It makes sense because hopefully this process has been made easy for you by a team like OYSI and the mortgage broker did their job....

The Negative Gearing Debate. Right or wrong!

Hi everyone. Watch my 90 second video on the reality of Negative gearing. Read below article covered brilliantly by Michael Yardney.   There’s an easy way to save the government $1.7 billion annually. Just slug greedy, rich property investors by...