Interest rate hikes have slowed Australian property price growth, but the presenter says now is a good time to buy high-quality properties in strong locations. Focus on rental yields to earn cash flow while waiting for prices to rise again.
Property growth in Australia. Here are some things we know. Interest rates have gone up and the cost of owning a piece of real estate has gone up with it. Does that mean that it's not a good time to be buying real estate in Australia? So here's something to think about. What if for right now, while prices have calmed down, you are focusing on buying some good quality real estate in good quality locations that you are happy to own for a long-term period of time while you're getting some really strong rental yields in the marketplace so that you are set up waiting for the next property cycle to turn around, given that it is a long-term game. So you are not subject to the ups and downs of a potential capital growth cycle or capital growth bust.
