The last few years have been tumultuous for property investors and with some big shifts in the market, it can be hard to keep up with what’s happening and how it impacts you directly.
Thankfully, no longer do we have to rely only on intimate (and often expensive) property investing seminars for information, with up to date information and advice now at the touch of our fingers.
Australians are more financially literate, with the everyday investors now not only armed with a greater knowledge of the market and what to expect, but the confidence to make informed decisions about their future.
The COVID-19 pandemic has without a doubt impacted property markets over the past few years and it was hard to foresee what was to come in those early months. While there’s still no crystal ball, there is a lot more confidence in how markets are behaving now.
Throughout the pandemic, some property investors chose to offload property, some have increased their portfolios, and some have simply stayed put.
It’s important to remember that the decisions other investors made about their properties during that time were reflective of their circumstances, which may not mirror your own.
Previous generations weren’t privy to the endless information we can access. On one hand it is a blessing; on the other hand, having too much information can seem overwhelming and difficult to connect with personally. Having the right information and advice is crucial in figuring out what is right for you.
If you’re unsure, seek trusted advice.
Family and friends may provide examples, but their experiences may not serve you well.
Time has also given us an appreciation for greater professional specialisation; engaging in professional services not only allows us to connect with accredited professionals who understand the complexities of property investing, but it is their livelihood to ensure a positive outcome for their clients, which means bringing you the best advice for your own circumstances.
Regardless of how you weathered past, current and future storms, an informed investor will make the right call for their future.