How To Start Researching Property Markets in Australia

Published: March 22, 2018, 11 p.m.

b'ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode\\n\\n\\n\\n\\n\\n\\n\\n\\n{"@context":"http:\\\\/\\\\/schema.org\\\\/","@id":"https:\\\\/\\\\/onproperty.com.au\\\\/start-researching-property-markets\\\\/#arve-youtube-6ogwd99aqlo659a0b2de661d349174048","type":"VideoObject","embedURL":"https:\\\\/\\\\/www.youtube-nocookie.com\\\\/embed\\\\/6Ogwd99aqLo?feature=oembed&iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0"}\\n\\n\\n\\n\\n\\nAfter you\'ve set your strategy it\'s important to start researching the different major property markets. Here is a great tool to get you started.\\n\\nAfter you\'ve decided on your property investment strategy, one of the things that you\'re going to want to do to increase your chances of buying a good investment property is to actually start to research different markets around the country to invest in a market that is on the rise versus a market that\'s on the decline. Because obviously it\'s a lot harder to find a property that\'s going to make you good money. If you\'re buying in a declining market.\\n\\nThe saying goes, the rising tide lifts all boats, so the market\'s going up and generally old properties in the area are more likely to go up. It\'s the same if the tide is going down or the market\'s going down, chances are the property you buy it, no matter how great is likely to go down with that market as well. So when we\'re investing in property, one of the things we want to do is choose markets that are on the rise.\\n\\nAnd so in this video we\'re going to be looking at how to start researching different markets around Australia. And the point that I recommend to start, and I want to thank Ben Everingham from pumped on property, who you guys should know and love if you\'ve been following this channel for a while, is the Herron Todd White month in review report. So what we\'re going to do is jump into Google because that\'s what we do. And we\'re going to type in Heron Todd White month in review report probably doesn\'t matter how you spell it.\\n\\nGoogle\'s pretty smart. And here we go. We\'ve got the HTW website, month in review. And so that will bring up the different month in review articles. Those actually one that was a bit better. This property report, Herron Todd White. So let\'s go ahead and select that one. We can see that it is March, 2018.\\n\\nI am recording this in the middle of March 2018. So that\'s perfect. I want to go ahead and check the residential report. My voice sounds a bit different I do have a head cold. I Apologize I had pneumonia. Got over that. But I think that antibiotics have just made my immune system shot. So now going straight into a head cold as well, which sucks, but oh well.\\n\\nSo we are looking at the residential report. If you\'re listening to this in podcast format, I will talk through this with you guys but pretty simple. Go to Google and that will bring up this report. OK, so there\'s two pages in this report. We\'ve got the orange one which talks about the housing market and we\'ve got the blue one which talks about the unit market. Now it\'s important to know and we will talk about it, that houses in an area perform very differently to units in an area.\\n\\nSo one thing I\'m going to draw out right now is Brisbane. So if we look at houses in the Brisbane market, we can see that on the property clock there, put it in the rising market. So they\'re expecting Brisbon to rise. But if we go down to the units clock in a declining market, we\'ve got Brisbane. So this has to do with supply and demand. So because there\'s been an oversupply of units in the Brisbane market, that might be more development as well.\\n\\nThey expect that units in Brisbane are in declining market even though houses are increasing in value. So this is why it\'s really important if you\'re choosing to invest in units or you\'re choosing to invest in houses that you look specifically at the market in relation to units or houses because it can be very different. But yeah,'