Why Now is the Perfect Time to Enter the Property Market
Sally Prowse
If I could save you time, money and show you how to grow your wealth using smart finance would you be interested?
As we approach the peak of interest rates and see inflation coming under control, a unique window of opportunity is emerging in the property market. With consumer confidence returning, buyer and seller activity is set to pick up. Here's why acting now could set you up for significant financial gains.
A Window of Opportunity
History has shown that property markets can surge rapidly when conditions shift. Consider the post-Covid rebound in 2020 or the market surge after the 2019 Federal election. Those who acted quickly and invested in quality properties during these periods have seen substantial financial benefits.
Current Market Dynamics
The media is beginning to report positive property stories, which means this window of opportunity could close sooner than you think. As more homebuyers and investors re-enter the market, competition will increase, driving up prices.
Flight to Quality
Investment-grade properties in prime Sydney locations continue to be in high demand. These A-grade properties will likely outperform in the medium term, offering solid returns for those who invest wisely now.
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Tax Changes on the Horizon
From 1st July 2024, new tax brackets will come into effect, potentially increasing your purchasing power:
Banks have already started incorporating these changes into their calculators, improving serviceability. This could mean greater borrowing capacity for you.
The current market conditions present an opportunity to invest in property before the crowd catches on. With interest rates peaking, inflation stabilising, and consumer confidence on the rise, now is the time to act.
Book a time to speak with us and see how these changes could affect your borrowing capacity and investment potential.
Don’t wait for the window to close – secure your financial future today.