Is 2024 a Good Year to Buy Property in Australia?

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  • เผยแพร่เมื่อ 23 พ.ย. 2024

ความคิดเห็น • 50

  • @davidbrayshaw3529
    @davidbrayshaw3529 3 หลายเดือนก่อน +8

    If you're planning on moving to a regional area from the city, have a realistic expectation and understanding of the lifestyle changes that will be involved. "Little" things like not being able to buy take-away after "X" O'Clock or being able to catch cabs at certain times can be confronting. You're also now a long way from family and friends. Can you really handle that? For some, it's a dream come true, for others, it's a nightmare.
    The other thing to consider is culture shock. You're moving into an established community. You have to adjust to their values, they don't have to adjust to yours. That Gun Club just down the road from your new home has had events every Wednesday Afternoon and Saturday afternoon since 1948. It might only have 80 members, but they all have relatives in town, they all have friends in town and they all have a social and economic interest in town. They are very much part of a community which loves them, even if you don't. It's the same with the footy team that trains at the local park and the kids that ride at the MX track on Sundays and so on.
    You might perceive country towns to be mono cultures given the propensity of white people, but the reality is that there is often a very diverse culture in these town that transcends skin colour. You have to truly be tolerant of others and their beliefs and motivations in a smaller community. This can be very confronting for people that talk the talk but have never been in a position where they have to walk the walk. You might hate guns, football and moto cross, but top tip: You're buying the raffle tickets and you're supporting them when the town over comes to compete.
    That's just the way it is.
    I live in a great small town, in Victoria. But plenty come and plenty go, just the same. Think hard before committing. It's not all about the Farmer's market once a week.

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  3 หลายเดือนก่อน +1

      Hi there! Great insights! Yeah, many people underestimate the lifestyle changes of moving to a regional city. Thanks for sharing!

  • @trythis2821
    @trythis2821 3 หลายเดือนก่อน +3

    Bought a house in southeast QLD about 14 months ago and it has gone up $150K nearly didn't buy, so happy I did now.

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  3 หลายเดือนก่อน +1

      It's great to hear that your decision to buy has paid off so well. The property market in SE QLD has been strong, and it’s fantastic that you’ve seen such a significant increase in your home’s value. It just goes to show the value of taking that leap when the opportunity arises.

    • @bdiamond545
      @bdiamond545 3 หลายเดือนก่อน

      😂😂 yeah sure

    • @ritmolatino1627
      @ritmolatino1627 2 หลายเดือนก่อน +2

      its all relative, you sell expensive you buy expensive, like wise on the way down. so IMO price really dont matter

  • @Stephen.Dawson
    @Stephen.Dawson 3 หลายเดือนก่อน +1

    Thanks for the insight, guys 🙏🏻 Bought my Townhouse in South Bris for $307K, they now sell for $570K. Pretty excited to see what happens next, wonder if it will grow more 🤔

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  3 หลายเดือนก่อน +2

      Thanks so much for watching!! Thats massive growth, but also in the current market you couldn't rebuild it for under that so makes sense!
      Im actually working on a video at the moment showing the olympic growth in Brisbane inc South Brisbane looks like there is potentially still a bit of scope for growth there so keep an eye out!
      Thanks again for watching!!

  • @anguskeys9385
    @anguskeys9385 3 หลายเดือนก่อน

    Currently building a house in beaudesert- we could only afford a townhouse on the coast, compared to a decent house regional. It seems alot of city folk are following the trend. The commute is similar to travelling the M1 everyday, and working from home makes it easier to move regional! I think with the current housing shortage these smaller suburbs will become well developed. Great video!

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  3 หลายเดือนก่อน

      Thanks! Yeah, more and more people are moving to the smaller suburbs - makes more financial sense.

  • @kim-anhhuynh5044
    @kim-anhhuynh5044 3 หลายเดือนก่อน

    I stumbled across your video... real estate trends is always a hot topic. I was wandering if you'd be able to do a segment on buying with Super. There's a lot of adverts on using super to buy, but when I did some research there wasn't very much appeal in buying a home with your super if you can't live in it.

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  3 หลายเดือนก่อน +1

      Hi there thanks for your comment. Sure. I will look into it!

  • @ianwilliams3254
    @ianwilliams3254 2 หลายเดือนก่อน +1

    Buying an apartment to build equity is idiotic. Many apartments fail to grow in value. Many actually decline in value.

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  2 หลายเดือนก่อน

      Thanks for sharing your thoughts! While we understand your concerns about apartments, we've seen many clients successfully build equity by buying in well-chosen areas with strong growth potential. That’s why we recommend thorough research and professional advice before making any property investment decision.

    • @Jim-fz2yr
      @Jim-fz2yr หลายเดือนก่อน

      Not sure about that. We bought a well built 1970s 2 bedroom unit for 600k in Enmore Sydney during start of COVID and now worth 1M.

    • @ianwilliams3254
      @ianwilliams3254 หลายเดือนก่อน

      @@Jim-fz2yr COVID created a unique market. My house that I bought at the start of COVID is currently up by 70%. I don’t think we’ll see a run like this anytime soon.

  • @StormBK
    @StormBK 2 หลายเดือนก่อน

    Aha i caught you! On your first sentence
    “after weeks of searching you’ve ‘foundly found the right home! 😊
    *only friendly vibes here people

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  2 หลายเดือนก่อน +1

      Hahah oh my you caught me! Thanks for watching

    • @StormBK
      @StormBK 2 หลายเดือนก่อน

      @@MortgageBrokerAustralia i do it too when i hold meetings. People don’t usually pickup on it but the ones that do i appreciate. So at least i know they are paying attention. Or just super picky haha. Thank you for your videos!

  • @bebekkartal
    @bebekkartal 3 หลายเดือนก่อน +1

    What do youthink about North Ipswich? I am about to purchase a 5 bedroom 2 bathroom 800sqm for $640K but I worry about the crime rate etc

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  3 หลายเดือนก่อน +1

      Haha we are actually doing a video on Ipswich where to buy - Ill let you know in a few weeks! Good value there but yeah need to research crime etc.

    • @wildflower7574
      @wildflower7574 3 หลายเดือนก่อน

      Bought in Yamanto Ipswich 3 years ago. No problem with crime. Get in quick. My place has gone from 590 to 940k since purchase.

  • @MsSeine
    @MsSeine 3 หลายเดือนก่อน

    QLD land tax changes now effective! This should chase out a few investors and let property return to its intended purpose: homes. With the Fed Gov to pocket $2 billion by wiping national investor concessions, and redirect it into fixing the housing shortage, these should be next.

  • @MrBluedude33
    @MrBluedude33 3 หลายเดือนก่อน

    im from melbourne, i have my deposit to buy a family home in my investments property i the outer west estate, an dim currently renting myself. my property has grown in value and there is alot of it paid off.
    should i sell soon so i can buy a property (looking in the suburb areas not outer or estates)

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  3 หลายเดือนก่อน

      Hi there! Great question. it really depends on your future plans and what you want to achieve financially. So it's not about timing the market but spending time in the market. Give us a call on 1300 088 065 and let's chat more!

  • @Jake.steve3658
    @Jake.steve3658 3 หลายเดือนก่อน +2

    Property investors and beneficiaries will talk up property. Scam .

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  3 หลายเดือนก่อน

      Ya, the property market can be a bit suspicious, but ultimately it's more beneficial to be in it over the long term,

    • @srinivasdumpala637
      @srinivasdumpala637 3 หลายเดือนก่อน

  • @d.j.z.j
    @d.j.z.j 3 หลายเดือนก่อน

    Whats ipswitch and logan area like. Woukd you touch h and l in these areas

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  3 หลายเดือนก่อน

      Great question Ill do a video covering this in the next few weeks so keep an eye out!

    • @d.j.z.j
      @d.j.z.j 3 หลายเดือนก่อน

      @@MortgageBrokerAustralia all good I wonder if it's over Inflated now. I'm just curious as to where negative gearing h and l is actually a good strategy compared to established and capital growth. Can u get negative gear and capital growth at same tkdm

    • @bdiamond545
      @bdiamond545 3 หลายเดือนก่อน

      ​@@MortgageBrokerAustralia😂

    • @bdiamond545
      @bdiamond545 3 หลายเดือนก่อน

      ​@@d.j.z.j😂😂 imagine being this dumb

  • @Tingedarkensaw
    @Tingedarkensaw 3 หลายเดือนก่อน

    Where’s the best place to buy

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  3 หลายเดือนก่อน

      Im working on a video on this at the moment, what areas are you looking and budget? Ill try to include a bit more on your criteria

    • @Tingedarkensaw
      @Tingedarkensaw 3 หลายเดือนก่อน

      @@MortgageBrokerAustralia battling with where the best buy is Perth ? Clarkson and around near coast side or queeland ? McKay or Rockhampton?

    • @ritmolatino1627
      @ritmolatino1627 2 หลายเดือนก่อน

      how long is a piece of string? WTF

    • @Tingedarkensaw
      @Tingedarkensaw 2 หลายเดือนก่อน

      @@ritmolatino1627 got a suburb or you just talk shit?

  • @bryanhazelton5020
    @bryanhazelton5020 2 หลายเดือนก่อน

    Gentlemen, a family is a bad investment, likely your woman will take the property from you plus take away all the children which you provided for.
    Don’t purchase more bedrooms than what you need and instead purchase in the nicest suburb which you can afford.
    The larger the property, the larger the taxes and bills.
    The Best financial investment advice is to not cohabitate with an Australia woman.
    We have dishwashers and microwaves and meals are now delivered to your door.
    Hiring a professional cleaner will do a better job and cost a lot less in the long run.
    Women are no longer useful for much more than a occasional fun time.

  • @AA.AA.399
    @AA.AA.399 3 หลายเดือนก่อน

    Just wait and save til the housing market crush. Rent for the mean time.😊

    • @MortgageBrokerAustralia
      @MortgageBrokerAustralia  3 หลายเดือนก่อน +3

      Australia is currently going through a massive rental crisis and the longer you stay renting, the higher the rents go up and the more difficult it becomes fo save for a house deposit. When it comes to buying a home, the best strategy is not to 'time the market' but to 'spend time in the market'. Also we haven't really had a housing 'crash' in Australia even after 13 rate rises... so a crash is extremely unlikely to happen.

    • @jezg084
      @jezg084 3 หลายเดือนก่อน +1

      I've been waiting for the crash for years and even though it shouldn't be going up like it is, the market has gone crazy and I'm now worse off to the tune of hundreds of thousands of dollars for not having bought when I could have. Who knows, maybe it is coming but how much will it realistically drop - maybe 10-20% at the most which will still be higher than it was say 2 years ago - nuts isn't it!

    • @AA.AA.399
      @AA.AA.399 3 หลายเดือนก่อน

      Market correction is coming, just rent for the meantime and execute the perfect timing😊

    • @jezg084
      @jezg084 3 หลายเดือนก่อน

      @@AA.AA.399 genuinely interested - when do you think the crash is coming? In the meantime house prices grow by 10-15% p/y meaning when they do come off, they're likely only taking a year or two of growth off...

    • @AA.AA.399
      @AA.AA.399 3 หลายเดือนก่อน +1

      @@jezg084 when you notice, the stock market starts dropping next is the housing market. So just hold on.