Where is the property market headed in 2022?
Paul Murphy
Independent and Experienced Buyers & Vendor Advocate. Committee Member of REIV. I buy residential property for the best price and on the best terms. 35 years Real Estate experience.
What is the property market?going to do in 2022?
Melbourne's dwelling values increased just over 15% through 2021. I don't expect the same levels of growth in 2022 due to the supply versus demand equation rebalancing. The residential property market remains?robust.?
At Murphy Jacobs we believe that Investment Grade Residential Property located in Melbourne will rise on average between 5-8% over the next 12 months. It is worth remembering that the property market moves in cycles, and while there may be peaks and valleys throughout certain periods the long term upward trajectory continues for good quality property.?
In times of flux and uncertainty, it can prove perilous for many property investors, who would otherwise run a sensible and considered long term investment strategy, however can unfortunately be swayed by negative market commentary to hold back or even worse make the wrong move.?
Don't be swayed and make the wrong move which could cost you tens of thousands of dollars and mean you potentially go backwards. Seek the right advice and reach out to me at?[email protected]?if you are unsure if your next property move is the right one, or if you are having trouble securing your next property.?
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Despite any market and political shifts, buying quality residential property and holding it for the long term remains the best strategy for investors regardless of which stage of the market cycle we are currently facing. It is time in the market with the right property, not timing the market, that is important.?
I would love to help you. You are welcome to book a free 45 minute consultation now to find out how I can help you to make the right move and secure your next property!
With 30 years of real estate experience, Paul Murphy is a fully Licensed Estate Agent, experienced in all aspects of the industry and is focused on providing exceptional service to his clients. With experience as both a Vendor Advocate and Buyers Agent, Paul is able to help you ensure that you make the right move whether you are buying, selling or even both!
???? "The real wealth of a nation lies not in its buildings but in its natural resources and the preservation of its environment." - paraphrasing Theodore Roosevelt. Your insights on the property market are spot on, Murphy! In line with considering long-term investments, did you know about the upcoming sponsorship opportunity for the Guinness World Record of Tree Planting? It represents a unique investment in our planet's future. ???? Check it out: https://bit.ly/TreeGuinnessWorldRecord
?? "The best investment on Earth is earth." - Louis Glickman. Your insights beautifully underscore this timeless philosophy, especially for those eyeing investment in Melbourne's grade properties. At ManyMangoes, we celebrate forward-thinking perspectives like yours! ???? Let's optimize those investment decisions together! #RealEstateInvestment #FutureTrends #ManyMangoesSupports