How are you all doing out there?

I’m Kate Hill bringing you the best unbiased and honest content on property along with fantastic hints and tips.

Today, through my coughing and sniffling, I want to talk to you about not leaving your investment plans hanging in the air for another year.

Okay. So as we head into the first days of this new financial year, something quite interesting has been happening, I’ve noticed, in the last few weeks.

There’s been an uptick in inquiry from people really keen to start or continue their property investment journeys.

And I think a lot of that is because the end of the financial year was kind of looming.

Now thankfully, most of those people recognize that strategic property investment is not something that can happen at the drop of a hat, especially not when stock levels are as constrained as they are at the moment.

However, many people do actually seem quite surprised that the thirtieth of June was really almost upon them, and they hadn’t progressed their property investment plans at all.

You know, you make plans for the financial year ahead, and then suddenly it’s the thirtieth of June.

Now some people might have been waiting for some clarity on where interest rates might have been heading.

And before you know it, several months have gone by, plenty of property price growth has occurred while you’re waiting.

So much of the inquiry that we’ve seen has been from first time property investors who have known for a while that they wanted to expand their financial possibilities, but they hadn’t really done much about it until now.

While it’s always a good time to invest in property, in my expert opinion, it is common for us humans to procrastinate, especially when there are often this massive profusion of moving parts in the property markets.

If we look back at this time last year, the cash rate set by the Reserve Bank of Australia was four point one percent with only one more rate rise occurring in the November, so November last year, an increase that many commentators believe was unnecessary with the cash rate currently sitting at four point three five percent.

Likewise, this time last year, the quarterly consumer price index was at six percent,

but that figure has since fallen dramatically to three point six percent, which is within reach of the RBA’s two to three percent target band with cash rate reductions set to start in the coming months according to some commentators.

So as these numbers show, inflation has reduced drastically over the past year, but the cash rate has been mostly static.

That said, the home loan interest rates on offer are generally lower now than they were last year with the peak of the current rising interest rate cycle now believed to have passed.

But here’s the thing.

As property investors waited and watched for these indicators to materialise, something much more pronounced was actually happening in the background.

And what I’m talking about here is property price growth in an environment of high interest rates and cost of living challenges.

According to the CoreLogic home value index, dwelling values in Sydney have increased six point four percent over the past year, and they have increased fourteen point nine percent in Adelaide, fifteen percent in Brisbane, twenty three percent in Perth over that same period.

Of course, with such strong dwelling value rises over the past year, this means that property prices are tens of thousands of dollars higher now than they were this time last year.

And what this fundamentally means is that property investors who decided to make their move at the start of the financial year we’ve just had, so July last year, have achieved really stellar capital growth, rising weekly rents, and stable mortgage repayments over the past year.

But there remains ample opportunity in many markets around the country with a lot of our first time and repeat property investor clients securing properties with buying budgets of, let’s say, between five fifty and six fifty, so six hundred and fifty thousand that also offer capital growth potential and favorable yields.

So if you have been pondering property investment for a while, there is literally no time like the present to progress your plans.

Otherwise, this time next year, you are gonna be chasing your tail again with property prices even higher than they are today, and I will be writing and speaking exactly these same words.

Again, don’t make me do it. Sign up.

Buy your property.

I will keep you posted on all things property from around Australia as our year progresses.

Please don’t forget to hit like and subscribe. I do really appreciate it. Only if you’re enjoying the content, of course.

Leave me a comment, and I will see you all again soon.

Bye.

How are you all doing out there?

I’m Kate Hill bringing you the best unbiased and honest content on property along with fantastic hints and tips.

Today, through my coughing and sniffling, I want to talk to you about not leaving your investment plans hanging in the air for another year.

Okay. So as we head into the first days of this new financial year, something quite interesting has been happening, I’ve noticed, in the last few weeks.

There’s been an uptick in inquiry from people really keen to start or continue their property investment journeys.

And I think a lot of that is because the end of the financial year was kind of looming.

Now thankfully, most of those people recognize that strategic property investment is not something that can happen at the drop of a hat, especially not when stock levels are as constrained as they are at the moment.

However, many people do actually seem quite surprised that the thirtieth of June was really almost upon them, and they hadn’t progressed their property investment plans at all.

You know, you make plans for the financial year ahead, and then suddenly it’s the thirtieth of June.

Now some people might have been waiting for some clarity on where interest rates might have been heading.

And before you know it, several months have gone by, plenty of property price growth has occurred while you’re waiting.

So much of the inquiry that we’ve seen has been from first time property investors who have known for a while that they wanted to expand their financial possibilities, but they hadn’t really done much about it until now.

While it’s always a good time to invest in property, in my expert opinion, it is common for us humans to procrastinate, especially when there are often this massive profusion of moving parts in the property markets.

If we look back at this time last year, the cash rate set by the Reserve Bank of Australia was four point one percent with only one more rate rise occurring in the November, so November last year, an increase that many commentators believe was unnecessary with the cash rate currently sitting at four point three five percent.

Likewise, this time last year, the quarterly consumer price index was at six percent,

but that figure has since fallen dramatically to three point six percent, which is within reach of the RBA’s two to three percent target band with cash rate reductions set to start in the coming months according to some commentators.

So as these numbers show, inflation has reduced drastically over the past year, but the cash rate has been mostly static.

That said, the home loan interest rates on offer are generally lower now than they were last year with the peak of the current rising interest rate cycle now believed to have passed.

But here’s the thing.

As property investors waited and watched for these indicators to materialise, something much more pronounced was actually happening in the background.

And what I’m talking about here is property price growth in an environment of high interest rates and cost of living challenges.

According to the CoreLogic home value index, dwelling values in Sydney have increased six point four percent over the past year, and they have increased fourteen point nine percent in Adelaide, fifteen percent in Brisbane, twenty three percent in Perth over that same period.

Of course, with such strong dwelling value rises over the past year, this means that property prices are tens of thousands of dollars higher now than they were this time last year.

And what this fundamentally means is that property investors who decided to make their move at the start of the financial year we’ve just had, so July last year, have achieved really stellar capital growth, rising weekly rents, and stable mortgage repayments over the past year.

But there remains ample opportunity in many markets around the country with a lot of our first time and repeat property investor clients securing properties with buying budgets of, let’s say, between five fifty and six fifty, so six hundred and fifty thousand that also offer capital growth potential and favorable yields.

So if you have been pondering property investment for a while, there is literally no time like the present to progress your plans.

Otherwise, this time next year, you are gonna be chasing your tail again with property prices even higher than they are today, and I will be writing and speaking exactly these same words.

Again, don’t make me do it. Sign up.

Buy your property.

I will keep you posted on all things property from around Australia as our year progresses.

Please don’t forget to hit like and subscribe. I do really appreciate it. Only if you’re enjoying the content, of course.

Leave me a comment, and I will see you all again soon.

Bye.

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