Wealth Coffee Chats podcast thumbnail image

9.4% Growth Forecast: $94,000 on a Million Dollar Property in 18 Months?

Oct 5, 2023 | Podcasts, Wealth Coffee Chats

Listen to Wealth Coffee Chats Podcast Now

Well, let’s find out what that is. Let’s Wealth Coffee Chat!

0:00 Introduction.
1:30 Show starts.
4:20 2 days ago the RBA for the fourth time in a row left the cash rate at the same rate. And there’s discussion that the cash rate could go down by 1% in 2024.
5:00 We know that interest rates go down there are some things that are worth paying attention to… one of those is capital growth.
5:28 Forecast of capital growth.
12:09 The cost of constructing has increased 20 to 30%.
13:55 People are paying more for properties because there aren’t many around.
14:35 Weekly asking property prices chart by SQM Research.
18:20 The point is, the market is already moving, properties cost more to build than 6 months ago, if you look at good data and you understand momentum you can make a good move.
19:12 Closing thoughts.

Subscribe To Our Channels and Get More Great Real Estate Investing Tips:

If you’re yet to subscribe to Wealth Coffee Chats, be sure to do so on your favourite channel.
Listen on apple podcasts button
listen on spotify button
watch on youtube button
listen on google button