When is the Best Time to buy Investment Properties in Queensland?
The best time is - when you can! The truth is that no-one knows the perfect time to start.
That is why financially successful people know that the best time to start buying investment properties in Queensland is when they can because any number of variables and circumstances can change and before they know it, the next boom suddenly happens and they’ve missed out.
Here is one very good reason to have a financial health check with Self-Funded Freedom & find out if you can start now:
The Growth rate of Queensland and Australian Investment Property
At the same rate of growth over the next 25 years, Australia’s national property values could rise to $2.9 million for houses and $2.1 million for units by 2043 - source: CoreLogic
Investment Properties in Queensland Could Become Out of Reach Soon
This will put investment properties in Queensland out of reach for many of those who wait yet will provide substantial additional wealth for those who act now.
Even when property prices are a little flat, investors know it will only be a matter of time before the next boom happens - like it has for the past 120 years in Australian real estate.
Hold as much property as you can for as long as you can.
One of the biggest lessons you can learn about investment properties is that the real money in property is in the holding of it long term.
See a QLD example below and try a pick a good time to buy or sell ?
Year | Median Price |
|---|---|
1960 | 4,435$ |
1970 | 9,910$ |
1980 | 27,500$ |
1990 | 118,000$ |
2000 | 173,000$ |
2010 | 435,000$ |
2016 | 520,000$ |