Updated: Jun 28, 2020
This week Domenic from Wealthi sits down to discuss the positivity and growth the property market has seen in recent months. With the market starting to move again, he emphasizes that now is the time to act on investments you may be thinking about. With the bottom of the market already behind us, now is the time to take action.
Recent talk has been going around that the Reserve Bank of Australia is looking at reducing the interest rate possibly 2 times by the end of 2020. Domenic emphasizes that this is a prime opportunity to receive money to lock in on these investments.
Dom also discusses options for those who feel they have limited savings or think the market might not be suitable for them in their position. For those who don't want to miss out, off the plan properties (pre-construction) are investments to consider. During the construction phase, investors have the opportunity to continue saving and increase their deposit without having to worry about the payment on a loan. Essentially investors during this period are receiving market growth for free. He also clears up the uncertainty around new properties related to the 2016-2017 market.
Finally, Dom briefly informs listeners about Wealthi's upcoming Melrose Park event.
Registration details here: https://www.eventbrite.com.au/e/wealthi-series-melrose-park-tickets-91964156267