I started investing In property back in 2011 when you could buy a 700sqm corner Block in Adelaide for low 200k. Back then, they were saying the same thing “the housing bubble will pop. Don’t buy”
Thanks for sharing your experience! Sounds like you made a smart move! Getting into the market sooner instead of waiting for prices to plummet is always a great idea.
Usually there is a lag time of 6- 12months to see the effect. I went to dozens of auction in Sydeny in recent weeks and you cannot believe so many properties are withdrawn before and pass in during auctions.
Hi Australia !!! just look what is going on in New Zealand I'm investor in property in NZ and here prices are down significant all over NZ and it doesn't look bright in the next 6 to 12 months what I'm saying is don't get trapped like many here and sale at loos .This is absolute bubble and prices all over Australia and prices will go down at one point be carefully .This will last until Labor Party is on power and things will look good at the property market due to their money throwing around left and right politics once the political changes will arrive then property will just go down .
I thought this video was good until you started suggesting 220k for a Russell island property was good. It is in no way an indication of Brisbane region prices as it’s so inconveniently situated, a better example would be recent sales in Redbank Plains or Moray field maybe even Deagon
Russell Island has a higher than average crime and drug problem. Too many druggies on benefits, with too much time on their hands. Also, got to maintain vehicles on the mainland and the island as the ferry is too expensive.
Most people just want to replace what they have got with something similar but somewhere else.who cares if it is worth $100,000 or a $1m. you sell your house for $100,000 you buy a house for $100,000. You sell a your house for a $1,000,000 you buy a house worth $1m. prices going up is only of interest to greedy bread heads, and who gives a stuff about them
Thank you for your comment! We appreciate your perspective. 😊 While many people just want a home to live in, a house also offers income and financial security for future unforeseen challenges through equity gained.
Totally! The housing market can be a wild ride, especially since investors can stir things up. This is where working with a mortgage broker is really helpful.
Settlement on a unit in Darwin tomorrow. Sellers are locking in a $110,000 loss, we’ve getting 7% return on a two bedroom, two bath, and two car unit in a modern complex. Reasonable body corporate. Good times. Strong cash flow, while the Brisbane properties grow in equity and allow us to purchase the next properties.
Exciting news on your settlement! A 7% return on a two-bedroom, two-bath unit in a modern complex is quite a sweet deal. All the best with your future investments. If you have any questions, feel free to get in touch.
Thank you for sharing your thoughts! We understand that housing affordability is crazy right now! At Hunter Galloway we help homebuyers find options within their budget. Feel free to hit us up if you need more information.
You guys need to remove the scam replies from here about contacting a certain person for investment, it’s in many comments sections on CZcams now cheers
This is not about holding enough time. These are all retrospective data and the recent 10+ years growth is due to aggressive immigration policy, interantional students>TR/PR, and unrealistic low interest rate over the last 10+ years. The facts are these 2 important factors are changing. Do not fall into the debt trap!
Certainly, these are factors that have affected the housing market the past 10 years. As you rightly pointed out, these factors are always changing, which is why it is super important for buyers to be cautious. We always encourage our clients to consider their financial situation and goals before making a decision.
@@MortgageBrokerAustralia I agree with your expert opinion. Take Hong Kong as a sample, the property markets drops like hell and down 30% in mere 12 months interval . The demand suddenly dropped without warning as foreign investors left swiftly once the wind direction changed. People would argue domestic needs are still on high side but the affortability and expectation ( of continue growth) is collapsing. It may follow the same fate as Japanese property market that it took 3 generations to repay the property mortgage debt.
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I started investing In property back in 2011 when you could buy a 700sqm corner Block in Adelaide for low 200k. Back then, they were saying the same thing “the housing bubble will pop. Don’t buy”
I did the same thing since 2014. Never looked back. Hope to stop working at 40 that's only a few years away 😀
Thanks for sharing your experience! Sounds like you made a smart move! Getting into the market sooner instead of waiting for prices to plummet is always a great idea.
Turn off the immigration tap and things might change, but it will take a long time as still lots of people looking for housing.
Usually there is a lag time of 6- 12months to see the effect. I went to dozens of auction in Sydeny in recent weeks and you cannot believe so many properties are withdrawn before and pass in during auctions.
Back ground music off please
Ok thanks will update that in future edits! Thanks for watching
Hi Australia !!! just look what is going on in New Zealand I'm investor in property in NZ and here prices are down significant all over NZ and it doesn't look bright in the next 6 to 12 months what I'm saying is don't get trapped like many here and sale at loos .This is absolute bubble and prices all over Australia and prices will go down at one point be carefully .This will last until Labor Party is on power and things will look good at the property market due to their money throwing around left and right politics once the political changes will arrive then property will just go down .
Hello! Thank you for sharing your insights. It’s true that property markets can be volatile, and it’s essential to stay informed.
I thought this video was good until you started suggesting 220k for a Russell island property was good. It is in no way an indication of Brisbane region prices as it’s so inconveniently situated, a better example would be recent sales in Redbank Plains or Moray field maybe even Deagon
Thank you for sharing your thoughts!
Russell Island has a higher than average crime and drug problem. Too many druggies on benefits, with too much time on their hands. Also, got to maintain vehicles on the mainland and the island as the ferry is too expensive.
Most people just want to replace what they have got with something similar but somewhere else.who cares if it is worth $100,000 or a $1m. you sell your house for $100,000 you buy a house for $100,000. You sell a your house for a $1,000,000 you buy a house worth $1m. prices going up is only of interest to greedy bread heads, and who gives a stuff about them
Thank you for your comment! We appreciate your perspective. 😊 While many people just want a home to live in, a house also offers income and financial security for future unforeseen challenges through equity gained.
And in some countries have to hold property for 10 years before selling or pay additional tax.
It's true, some countries do have limitations on holding periods to try and cool down hot property markets.
yea investors pushing up the price to the roof and now want home buyers to hold the hot potato.. nah i rather live somewhere else with better value.
Totally! The housing market can be a wild ride, especially since investors can stir things up. This is where working with a mortgage broker is really helpful.
Settlement on a unit in Darwin tomorrow. Sellers are locking in a $110,000 loss, we’ve getting 7% return on a two bedroom, two bath, and two car unit in a modern complex. Reasonable body corporate. Good times. Strong cash flow, while the Brisbane properties grow in equity and allow us to purchase the next properties.
Exciting news on your settlement! A 7% return on a two-bedroom, two-bath unit in a modern complex is quite a sweet deal. All the best with your future investments. If you have any questions, feel free to get in touch.
When you say sell for a profit is mortgage cost factored in?
Or is it purely price sold was higher than price bought?
When selling for a profit, we consider both the sale price and the mortgage cost. Feel free to get in touch with us if you need more information.
Great video as always, thanks 👍🏻
Thank you so much!
Let's hope the arse falls out of the housing market so prices can plummet and make home ownership affordable again.
Thank you for sharing your thoughts! We understand that housing affordability is crazy right now! At Hunter Galloway we help homebuyers find options within their budget. Feel free to hit us up if you need more information.
You guys need to remove the scam replies from here about contacting a certain person for investment, it’s in many comments sections on CZcams now cheers
Thanks for flagging Ill report and get them removed!
it hasn't poped in last 3 years when it was anticipated the most
Saleem nobody likes you
So true! It's good to always take what you hear in the media with a pinch of salt...
This is not about holding enough time. These are all retrospective data and the recent 10+ years growth is due to aggressive immigration policy, interantional students>TR/PR, and unrealistic low interest rate over the last 10+ years. The facts are these 2 important factors are changing. Do not fall into the debt trap!
Certainly, these are factors that have affected the housing market the past 10 years. As you rightly pointed out, these factors are always changing, which is why it is super important for buyers to be cautious. We always encourage our clients to consider their financial situation and goals before making a decision.
@@MortgageBrokerAustralia I agree with your expert opinion. Take Hong Kong as a sample, the property markets drops like hell and down 30% in mere 12 months interval . The demand suddenly dropped without warning as foreign investors left swiftly once the wind direction changed. People would argue domestic needs are still on high side but the affortability and expectation ( of continue growth) is collapsing. It may follow the same fate as Japanese property market that it took 3 generations to repay the property mortgage debt.
lesssgo perth will keep rising
Terrible news for people people like me who want to get into the market and don't have rich parents
Aah there's a video ..let's watch ..😊
Thanks for watching!
I felt this wonderful feeling in my mind, body and soul when she said “I prefer kisluxbag