Feature

Let’s imagine that you own an investment property already and the market which it’s in isn’t doing much: is it a good idea to sell the property? This is a great question which many property investors ponder from time to time. The same question was asked by a viewer of the real estate program ‘Your Money Your Call – Property’ on Sky News channel 602. Here’s how Propertyology Managing Director, Simon Pressley, answered that question.

Supply, demand, and sentiment: these are the three pistons which drive the engine of every property market. A large of proportion of the material which property investors research relates to the Demand side of the equation. But, in this current era, the Supply side of the equation has fast become just as important; in some cases, more important!

In 2013, the property market of Australia’s biggest city, Sydney, woke up from a slumber which extended over several years and (finally) produced strong price growth during the last 3.5 years. But that’s a stark contrast to the rest of Australia. While there have been a year or two here and there where reasonable growth has occurred, this has generally been tempered by years of poor performance either side of the growth years. For example, in 2011-12 every single capital city experienced negative growth while some regional locations had strong growth. Over the last couple of years, many of those same regional locations have seen markets retreat while some capital cities have seen growth. Capital cities such as Perth and Darwin continue a market decline while the likes of Brisbane and Adelaide have seen modest growth. It really has been a mixed bag!

Meet the Propertyology team and learn more about how we can help you invest in the Australian property market.

In an era of…