If you’re going to invest, timing the market is critical.
It’s no secret the media will spin a tale of uncertainty and create fear, for views, clicks, and likes. However, this creates the ideal climate for savvy investors to take advantage of.
Think back just one year ago – the country was facing a health and economic catastrophe the likes of which had never been seen.
The media narrative was: properties are going down, sell, sell, sell.
While the market started to dip in April 2020, by September it was already going back up.
If you bought into the hype and sold during this period, you probably wish you hadn’t. It’s important to remember the media often reports on a macro level. They evaluate market movements over just weeks or months.
At this level, of course, it will go up, and it will go down. But over the last 40 years, the median house price across ALL major capital cities in Australia has grown steadily.
Property is for the long term and needs to be viewed as such. A 10-year hold period is a minimum for judging its performance as an asset.
Eventually, Australian borders will open again. We’ll have an influx of skilled migrants into the country. And property prices will reflect this.
This is why when others are in panic, you must trust the process and make smarter decisions.
NOW is the time. Are you ready to get started?
Call DDP today to discuss your tailored property investment strategy.