As we move out of a COVID impacted 2020, we are starting to look at the longer term effects that the outbreaks and lockdowns have had on our lifestyle.

COVID certainly damaged the economy, but it also had other impacts. One of our biggest behavioural changes is the remote working revolution that has seen more of us embracing our smart phones & laptops and working from home.

But what does any of that have to do with property investing?

The Australian property market currently seems to have more buyers than sellers, meaning there are more people are looking to buy than there are available properties.

Perhaps inner-city apartments in Sydney or Melbourne aren’t doing so well. But other property classes are on track to return great results.

People are returning from overseas, with Perth, Brisbane and South East Queensland in particular seeing an increase. We’ve also seen a shift to territories outside Melbourne and Sydney, with people wanting more freedom and a more affordable lifestyle, especially now that they don’t have to commute to the office for a high-paying job. This has increased demand in the more affordable areas.

While this is all great for sellers, it doesn’t seem like I’m saying it’s a good time to invest. But I am. Why? For just the same reason that favours the sellers – there’s more demand than supply right now. This means that selling or renting out homes has never been easier in Australia, with many areas in great demand. Combine that with our historically low interest rates and it’s a great time to invest – you may just have to work a bit harder to find suitable investment properties or willing sellers.

Why not speak to Michael and the team at IPPA today to find out how we can help you find one of those great opportunities?

Looking after your own interests is not an easy task and a burden shared is a burden halved. Michael and the team at IPPA are ready to help you today and you can start with a free 45-minute investment strategy session.