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Australia, we have a…
Investing in the property asset class (that essential commodity called ‘shelter’) requires a long-term game plan. Ten years from now, if we were to look back and analyse which property markets throughout Australia performed the best, my money is that we will be referring to lower profile locations which took advantage of this next phase of the Asian Century – not Sydney, Melbourne and Brisbane.
Those who were born between 1946 and 1964 will turn 65 years of age from 2011 to 2030. The first of the baby boomer generation are already five years in to the retirement phase of their life. Don’t be surprised if tens (may be hundreds) of thousands end up organising a removal truck and relocate to one of the many beautiful parts of regional Australia in search of a sea-change or tree-change.