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Are You Prepared For The Next Phase?

Ultimately, markets will rise and fall and no one can truly ever know to what extent. Make sure you are ready for anything that might lie ahead and be sure to listen to those who have many years of experience and have lived through the ups and downs of a full property cycle.

Are You Prepared For The Next Phase?

There’s little doubt that in the past 12 months, the Australian property market has started to cool off. Currently, we are seeing lower auction clearance rates and falling prices, particularly in Sydney and Melbourne.

In reality, prices move up and down over time and falling prices are a natural part of the property cycle. What is interesting, however, is that as soon as prices start to ease off, the media pundits and so-called ‘expe…