Australian Property Market Update June 2023 – Major BOOM or Crash Coming?
By: Niro Thambipillay
June 9, 2023
This has never happened in Australia’s history.
We’re in the midst of the fastest rate hiking cycle on record… and property prices are rising?!
And they’re just not rising.
Each month, they are rising at a faster pace than last month.
And many suburbs are even reporting record price sales.
What is going on?
Is this price rise temporary or is there something different at play, causing prices to rise sustainably, despite rates being increased?
You can imagine how important the answer to this question is.
If you buy because you think property prices are set to rise… but then the market turns around and you end up with a dodgy property that’s worth less than you paid… that’s enough to give you nightmares, worse than spiders crawling into your bed!
But…
If you choose not to buy, if you choose to wait and see… and the market keeps rising, you end up missing out. And no matter how much Artificial Intelligence has improved this year, there’s nobody giving you a time machine that allows you to go back in time.
So what’s the answer?
Well, that’s exactly what I cover in this video.
Here’s a snapshot of what you’ll discover…
*** The 3 new factors driving property price growth in 2023 and beyond… and why a failure to understand these will shackle you to a life of missed opportunity and regret
*** This has been the most reliable predictor of property prices, especially in our bigger cities. What is says right now about property prices will shock you.
*** The new crisis facing most real estate agents (What it means for new investors is scary, especially when interest rates are also at record highs)
Plus so much more…
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Want Niro’s help to find an investment property? Find out more here 👇
https://www.investmentrise.com.au/property-buyers-agent-service/
Financial disclaimer: I am not your financial advisor and the opinions I share in this video are purely my opinions. This is not to be considered personal advice as it is general in nature.