It’s become the great Aussie dream.
Property is now seen as much more than simply a place to live and raise a family. For millions of Australians, property is a pathway to long-term wealth creation.
With over 70% of Australians living in a home which they either own or are paying-off, we have one of the highest property ownership rates in the world.
And in recent decades, Australians have embraced real estate investing as the best way to secure their retirement nest eggs. A range of incentives, such as negative gearing and capital gains tax deductions, have ensured our passion for property has grown exponentially.
In a world in which there is deep scepticism about the safety of other investment classes, such as the stock market, bricks and mortar are still widely seen as a safe bet, even if there are cyclical downturns from time to time.
A general rule of thumb is that property values double every 7-10 years – though this is definitely NOT set in stone. Australia has numerous cases of locations where property prices climbed strongly on the back of good economic times, only to slump when the economy turned south.
Parts of Western Australia and regional Queensland are good examples of this. The mining boom saw a flood of capital boost real estate prices, but once the boom ended, home owners were left owing the banks more than their properties were worth. When banks are lending up to 95% of the purchase price, it only takes a modest market decline to leave people with negative equity. That’s a situation you definitely don’t want to find yourself in.
The key to successful property investing is RESEARCH.
At Worth Property Investing, we’re often approached by clients with a poor track record when it comes to real estate. They are usually first-time investors who have been led down the garden path of a property spruiker or purchased with their heart, rather than their head. In other words, their strategy for property investment is what we call the ‘dart board approach’.
This approach has led to stress, timing wasting, financial burden and loss of their hard-earned savings!
In order to avoid repeating the mistakes of the past, they come to Worth to ensure their next foray into property is much more successful.
How can Worth help you?
At Worth, we undertake analytical research based around solid statistics. We don’t view all of Australia as one single real estate market. Rather, we research the specific circumstances that effect very specific geographic locations.
Looking at a range of factors that can impact the levels of supply and demand, we are able to pinpoint those areas that offer the best prospects for long-term asset value increases.
We take into consideration all the fundamental factors that drive economic performance in a particular area. These may include infrastructure spending, local business performance, industry diversity levels, local employment rates, demographic factors, and a range of other key performance indicators.
Of course, we also consider any new developments in the area that can impact supply levels.
Taking all these factors into account, we determine the best areas where we think you should invest.
Naturally, we also factor in your own specific circumstances. This helps us match the best places for investing, with your long-term financial objectives. We consider whether the investment is for you to live-in or rent-out, and if the latter, the sorts of rental yields you need to facilitate your financial needs.
Using real facts, due diligence and solid research, we have the track record to help you succeed.
Become a VIP member and download our free TOP 10 PROPERTY INVESTMENT RULES e-book today
You’ll get all the essentials you need to understand the role solid research plays in achieving property success. Don’t put it off any longer – contact Worth Property Investing today and start achieving your property investing dreams!
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