Written by Terry Taylor Managing Director Specific Property
In an article titled “Housing boom to lift economy” written by economics correspondent Patrick Commins and published in the Australian on Wednesday February 12th, 2020 there is the promise that the residential property market in Australia is beginning to wake up again. The expectation is that this is likely to inject some much-needed confidence in how many Australians have been feeling recently about the economy.
We would agree and in fact we have already seen evidence of increased enquiry from both residential owner occupiers and investors. In this environment we expect that a greater number of transactions are going to take place. We think that buyers will not want to miss out on the benefits of a rising market. We all like to make money.
But we have seen this before and it will be the same again this time. In the rush to buy a property before the market gets ahead of them, buyers will go out and be met by sales forces suggesting that everything will rise in value in this environment.
Whilst this may be correct, what is true is that the profit you make is locked in when you buy the property, not when you sell it. This means buying the right property in the first place, not just any property.
SPECIFIC PROPERTY is a real estate business that focusses on educating and explaining what it is that you should be looking for in your next property purchase. The whole foundation of our business is to educate our potential clients as to what makes a good property and before our clients actually buy. We will explain why it is that some properties outperform other properties, regardless of their price points or location.
Now of course I’m not going to suggest to you that we don’t want to sell property, because of course we do, that is our business. But initial discussions will be purely educational, so you will definitely learn things that you don’t know about the property market that only the specialist property professionals know.
If this makes sense to you and you would like to speak to us to discuss what makes sense in the property market we would love to talk to you. If at some time in the future you want to task us with finding a property for you, we will work very closely with you to find not only a property that meets your current needs but also is a better investment, regardless of whether that property is for your personal use or as an investment.
SPECIFIC PROPERTY holds full real estate licences in both Victoria and Queensland, and we can help you to find your new home, a future home some years before you intend to move there or an investment property. We are working with clients whose needs range from new house and land packages, townhouses that meet our design and location criteria and some very special (Not Generic) types of apartments that can actually become someone’s home. We have even helped a client to amalgamate two large properties to create a grand residence on the top of a building. Something that was not available in the market at the time.
We are looking forward to hearing from you if you have any property questions.
Please give Michael 0433115187, Katherine 0411892748 or Terry 0418881617 a call or send us an email Michael.taylor@specificproperty.com.au , katherine@specificproperty.com.au, terry.taylor@specificproperty.com.au.
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