3 Crazy Record Breaking Numbers Every Property Investor Needs to Know.
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When it comes to property in Australia, the future is looking interesting. Despite the challenges around affordability, there are 3 crazy record breaking numbers that should give property investors some incentive and direction around what to purchase, when to purchase and where to purchase it. What are the 3 numbers that every investor needs to know right now? Let’s Wealth Coffee Chat!
01:55 Show starts.
04:25 The 3 crazy numbers that help investors know how, when and WHY you’re investing.
05:50 18 years earlier than predicted, the Australian population has reached 27 million. 07:24 Australia is experiencing a 40-year low for housing construction. Are houses unaffordable now?
09:00 Population, lack of construction and house unaffordability is now a challenge for investors.
10:48 Statistics show that there is a 45.2% price gap between houses and apartments in Australia.
12:41 Wage rises and the interest rate falls will increase people’s ability to pay more, driving competition.
17:10 Trends show that as property prices rise, older Australians will downsize to generate wealth.
19:04 Despite the rise in property values, apartments still remain very affordable in most places. Why?
21:27 Due to the issues Australia is facing, apartments will become Australia’s investment of choice.
23:40 Closing thoughts: Positive Real Estate’s Property Summit.
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