Australian Property Market 2024: When Is The Right Time To Buy? (THREE Questions You Must Answer!)

[@AusPropertyMasteryWithPK]

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[@humblerecruitment-pb5pj]

Really valuable advice!! This is what sets you apart from everyone else producing property content at the moment. No fluff or sales, just logical and applicable education. Thank you for making this content 😊 I find myself skipping most real estate videos now days however you make me stop what what I'm doing and put headphones on so I don't miss what your saying. Your statistics experience shines and provides a great framework for explaining the micros and helps people not get lost in the large brushstroke statistics.You should do more videos like this. Very Impressed

[@AusPropertyMasteryWithPK]

Thanks so much mate!

[@zorororonoa2469]

Hi Pk. I am not sure if its just in my end but your videos brightness level is quite high. Anyway thankyou for the valuable information as always. :)

[@sunshinegirl4715]

Excellent preso. And now I'm seriously reassured about my recent purchase of a cashflow positive apartment, with decent yield, in a very attractive suburb of Perth! Thank you!

[@AusPropertyMasteryWithPK]

Hey I don’t think I’m a fan of units there but maybe you got a great one! Well done

[@sunshinegirl4715]

@@AusPropertyMasteryWithPK It's fine - will do for my son at med school then he'll move and rent it out!

[@samuelgak6240]

Great video. Where do you get the data about recent growth or past 10 years growth for a city or LGA?

[@chookie131]

Fantastic video as always champ! 😊

[@zangbangapda]

new video 16 seconds ago, couldn't resist!

[@Marce47]

I love it! Seriosly, great content

[@lionheart1727]

Thank you PK, simply but insightful tips

[@AusPropertyMasteryWithPK]

Cheers

[@RDHZRD]

Personally I'm waiting. 18.6 year realestate cycle going to play out like a boss, I'll buy later this decade.

[@AusPropertyMasteryWithPK]

Let me know how it goes!

[@TheGreatVehicle]

Hi PK thank you for your insights

[@kavindagunasekara1384]

Hi PK, could you please do a video on what sort of development projects you did so far on your investment journey and also the way we can profit through private equity deals. Also would like to know if you go through these strategies in detail on your course as I too planing to join that soon. Thanks

[@AusPropertyMasteryWithPK]

Hey sorry I don’t really cover development or private equity (non property related) in the course. There are other development courses that range from $20k-$50k. It’s a complex topic! ☺️

[@kavindagunasekara1384]

Thanks PK. In your personal experience is it worth on doing specially small scale residential developments to earn some cash in short term to pay down current debts using the equity from investment properties

[@bhimalnaik]

Great insights PK!! Do you think its a good idea to jump onto the realestate market at 5% deposit or should we wait to secure 10-20% deposit and then jump into the market?

[@AusPropertyMasteryWithPK]

Depends on your cashflow requirement. Higher loan means more interest payment. Not a bad thing. But depends on your household budget

[@michaelmallal9101]

We're priced out of the Sydney market.

[@cfmc6201]

There are many affordable areas just not desirable such as Liverpool

[@Fullah-Prince23]

@@cfmc6201 Liverpool is not affordable

[@lbell9695]

@@cfmc6201 Yeah Western Sydney (e.g Blacktown, Liverpool), South-west Sydney (e.g. Glenfield, Macarthur, Narellen) is quite affordable.

[@99silver89]

WITH THE SECOND POINT, if theres more sales than listings and you are looking at buying wouldnt this mean you are over paying to enter the market because of the FOMO ? Talking about Perth and worried about over paying and getting caught out like when the house price hit 600k by 2012 but than reverted to 540k over the next 10 years , thoughts please

[@AusPropertyMasteryWithPK]

I’ve done a video late last year on this exact concern

[@99silver89]

sweet i will check it out today thanks @@AusPropertyMasteryWithPK

[@achintyagiri8315]

Where do we get the data ?

[@bfulneha]

Where do we find the stats about Australian states, cities or suburbs to compare? It would be very kind if you or anyone of your followers can answer this please.

[@AusPropertyMasteryWithPK]

Abs is a great free source for historical price info

[@lbell9695]

CoreLogic Mapping the Market

[@jamesm6341]

Pk lot of money form China and HongKong still coming to Sydney many property bought outright Hurstville,Epping, Burwood, Chatswood etc

[@AusPropertyMasteryWithPK]

Undoubtedly

[@srinivasdumpala637]

where to buy in brisbane? would it going to crash?

[@Helloworldwrjfjrjrj]

Thanks. Where is the best place to get these statistics all together.

[@AusPropertyMasteryWithPK]

Unfortunately no single place has all these together

[@AnilSingh-fb8yd]

hey PK, you said Melbourne you seeing value right now. It is market that has not performed well for long time now, do you reckon it is right time to buy? I mean see Sydney vs Melbourne or even Brisbane vs Melbourne... Melb seems cheaper

[@AusPropertyMasteryWithPK]

I think there’s more value in Melbourne than Sydney right now.. but as per the second stat.. we need to see this improve before the buying window opens ups

[@AnilSingh-fb8yd]

Thanks PK, would you do video on Melbourne anytime soon to analyse where it is in [property cycle and when it will make sense to buy there. @@AusPropertyMasteryWithPK

[@AusPropertyMasteryWithPK]

@@AnilSingh-fb8yd just waiting and watching.. will have to monitor the data over the next year

[@NZH00]

Any Perth suburb recommendations to buy or not buy for 2024? It’s becoming increasingly difficult to choose suburbs that still have substantial room to grow after 2 years of significant escalation in a lot of Perth.

[@thomasjohnson96]

Affordable suburbs in the north west corridor between Marmion Ave and Mitchell Fway

[@Sydneyinvestor]

Butler, Clarkson

[@NZH00]

@@thomasjohnson96Padbury, Craigie and Beldon seem okay. Although wouldn’t the growing subdivision rate in these suburbs put downward pressure on long-term prices in this area?

[@NZH00]

@@SydneyinvestorButler is 40km from Perth. Why wouldn’t you go for the Southwest instead? A lot more affordable for sub-25km coastal-adjacent suburbs (ie. Spearwood, Bibra Lake etc.)

[@jamesm6341]

@@NZH00 agreed I like Craigie

[@Learn_Share_]

Thank you

[@emanuelalanis3187]

"Promo sm" ✌️

[@lasserbream]

There's no such thing as a good time to buy a property.