Rich Harvey is CEO of propertybuyer the Multi-Award winning Buyers Agents. Rich is an avid property investor, economist and leading property commentator. Rich and his team have helped over 1700 home buyers and investors find their dream home and top performing investment properties. Rich has won over 25 major awards including the prestigious National Telstra Business award and is a seven time winner of the Buyers Agent “Award for Excellence”. www.propertybuyer.com.au
The year 2016 will be remembered for widely diverse real estate trends throughout Australia. Now, investors want to know: what buying trends will drive the market forward in 2017? Rich Harvey from Propertybuyer shares his insights to help you make this year your most profitable one yet
Clearly, you're going to need quite a nest egg – more than super alone is likely to provide. So if you're looking at Sydney investment property to create wealth in the long term, how many homes would you need to collect in a portfolio?
While confidence has dropped spectacularly before budgets in the past, it looks like people were pretty unfazed by this month's announcement. Roy Morgan Research shows that before the 2014 and 2015 Budgets, consumer confidence went through a steady decline before a sharp drop in the final weeks.
When it comes to actually finding a property in these prices ranges, it takes in-depth research and knowledge of where to locate growth identifiers. In some cases, you'll even need a direct line to the selling agents that market certain types of real estate
Remember that without foreign investment, a lot of developments wouldn't actually go forward. The benefits to supply and the wider economy, shows that this buyer group is fueling growth and helping to address affordability pressures.