Australian Property Prices Just Went ON SALE! #shorts #australia #propertyinvestment

By Scott Kuru

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The headlines are getting ugly. Property prices are falling, interest rates are higher and some economists are warning this could become one of Australia’s biggest property downturns in decades. For homeowners under mortgage pressure, that’s painful. But if you’re an investor with the capacity to buy, a cooling market can look VERY different. Less competition. More motivated sellers. More negotiating power. And potentially better opportunities to buy quality property at a price you couldn’t negotiate when everybody was fighting to get into the market. At the same time, rental conditions remain incredibly tight. Sydney house rents jumped $50 a week in the June quarter alone to a record $850. That’s why I don’t believe investors should make long-term decisions based purely on scary monthly headlines. Property is a LONG-TERM game. Different cities, suburbs and properties will perform differently, and nobody knows exactly where the bottom will be until after it’s happened. So r

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