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The
Propertybuyer

Podcast

Hear the latest weekly insights into the property market via podcast by Rich Harvey, CEO and founder of Propertybuyer.

 
Sun 23 Jun '24 with Rich Harvey Why Tax Depreciation Matters
 
 
Fri 14 Jun '24 with Rich Harvey Tax Effective Property Investment Strategies
 
 
Fri 24 May '24 with Rich Harvey Granny Flats: Boost Your Yields & Faster Mortgage Repayments
 
 
Fri 3 May '24 with Rich Harvey Unpacking the Northern Beaches with Incredible Agents
 
 
Fri 29 Mar '24 with Rich Harvey How to build a $7 Million Property Portfolio from scratch
 
 
Sat 16 Mar '24 with Rich Harvey Why Invest in Melbourne?
 

 

Listen to many more
podcasts on our
Podcasts page.

 
 
 

Propertybuyer Blog
Property advice, market updates & more

 

Now the time for home buyers to enter the market

March 28, 2014 / Written by Rich Harvey

 

By Rich Harvey, CEO, propertybuyer.com.au

If you're looking to buy a house in Australia, entering the market sooner rather than later would be a wise choice.

The inaugural Smart Property Investment/PIPA Property Investor Sentiment Survey shows that a majority of real estate investors are looking to buy at the moment.

In fact, 70.8 per cent of investors are looking to make a purchase.

"Property markets across Australia have really gathered momentum since the latter part of 2013 and all indications are, from this research, that this is set to continue," said Smart Property Investment Managing Editor Phillip Tarrant.

"The low interest rate environment is certainly underpinning this trend, but it's also interesting to see investors confident in property's capital growth prospects and its recognised stability compared to other investment assets. It's a real vote of confidence for Australia's property market."

While it's great news for average home buyers that the property market is stable and providing safe investment, current activity also means families are competing for homes with a large number of investors.

Meanwhile, data from the Housing Industry Association (HIA) and Commonwealth Bank indicates that housing affordability may have peaked, with the December 2013 quarter seeing a decline in low-cost housing.

While record-low interest rates are making it easier for home buyers to obtain finance, it's also spurring on plenty of investors who are pushing up property prices.

HIA Chief Economist Harley Dale said it's likely that 2014 will see "further gains in residential property prices".

This is even more likely in hotspots such as Sydney, where demand from investors is particularly strong. Therefore, if you're looking to become a homeowner, striking now before affordability declines further due to investor activity makes the most sense.

Utilising the services of a buyers agent in Sydney will help you streamline the process. A buyers advocate will not only help you locate property to suit your needs, they will work tirelessly on your behalf and assist with everything from providing local real estate data to negotiating a purchase.

The Propertybuyer
Podcast

 
Sun 23 Jun '24
with Rich Harvey
Why Tax Depreciation Matters
 
 
Fri 14 Jun '24
with Rich Harvey
Tax Effective Property Investment Strategies
 
 
Fri 24 May '24
with Rich Harvey
Granny Flats: Boost Your Yields & Faster Mortgage Repayments
 
 
Fri 3 May '24
with Rich Harvey
Unpacking the Northern Beaches with Incredible Agents
 
 
Fri 29 Mar '24
with Rich Harvey
How to build a $7 Million Property Portfolio from scratch
 
 
Sat 16 Mar '24
with Rich Harvey
Why Invest in Melbourne?
 

 

Listen to many more
podcasts on our
Podcasts page.