Distressed property: the once-in-a-decade opportunity investors should be watching
Forget buy, hold and hope - as mortgage stress rises and forced sales increase, Australia’s changing property market could be creating one of the most interesting buying opportunities in a decade.
Distressed listings are up 29 per cent on a year ago, with Brisbane and Adelaide stock building fastest. (Image source: Daria Nipot/Shutterstock.com + API Magazine)
For years, property investors have been conditioned to buy, hold and wait. Buy a quality asset, ride out the market cycles and let capital growth do the heavy lifting.
It’s a strategy that has served many investors well. But what happens when the market changes? When property values soften, interest rates bite, borrowing capacity contracts and financially stretched owners
can no longer afford to hold on? Perhaps it’s time investors stopped simply…
