The benefits of investing in a decreasing property market
The Australian property market is arguably in a softening phase, and this can have both positive and negative effects for property investors.
In this episode of the Smart Property Investment show, Real Estate Gym’s Tom Panos joins host Phil Tarrant to discuss how investors can take advantage of this decreasing market by leveraging off of the reduced urgency in the sales process. He also discusses the importance of researching up-to-date sales data before investing and looks at the state of the Australian property market as a whole.
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With many property investors also selling property throughout their journey, Tom reveals the best months to buy property in Australia, shares his thoughts on why an auction is not always the best method of sale and how, as a purchasing decision, it can lead to overpaying.
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If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!
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