Ever felt like you’re stuck in one spot, watching others dash ahead, wondering how they can afford that shiny new car or that dream vacation? You’re not alone. However, investing in property might be the solution for you to get yourself out of feeling this way.
Property investment has stood the test of time in the quest for financial freedom. It’s a reliable and lasting choice that has proven itself through economic highs and lows.
Throughout history, investing in property has emerged as a steady and enduring path to financial freedom. It’s like a strong, timeless guide, making it a simple and enduring choice for those looking to build lasting wealth through property investing.
So, if you’ve been wondering how to create wealth and achieve financial freedom, let’s dive right in.
The Australian Property Landscape: Why You Should Start Investing In Property
Australia is a country with an abundance of natural beauty and opportunities, and its culture has an intense passion for property ownership. It’s not just about having a place to call home; it symbolises wealth and stability.
The Australian property market is one of the most stable and robust in the world. It has a long history of strong capital growth and rental returns. In recent years, the market has been driven by several factors, including:
- Strong population growth: Australia’s population is expected to grow by 1.5% per annum over the next 20 years. This population growth will create demand for more housing.
- Strong economic growth: The Australian economy is one of the strongest in the developed world, expected to grow by 3.5% in 2023, supporting further property market growth.
- Housing Supply Shortage: Australia has a housing shortage, particularly in capital cities, supporting continued growth in property prices and potential capital gains.
- Tax benefits: The Australian government offers several tax benefits to property investors. These benefits can make investing in property more attractive. The major benefit is property investors can claim tax deductions for depreciation, property management fees and property expenses.
As a result, the Australian property market has experienced significant growth in recent years. In 2021, dwelling prices across Australia rose by 25.4%. This was the strongest annual growth rate on record making now the best time to start investing in property.
Examining historical trends reveals a consistent upward trajectory in Australian property prices since the early 20th century. Despite unforeseen market fluctuations, the overall pattern has shown a steady rise.
Read more about how to choose the right suburb for an investment property.
Understanding the Market Dynamics
Property investment is not about making quick money or flipping houses for a quick profit. It’s all about playing the long game, making wise choices, and riding out the ups and downs of the market to achieve capital gains.
Australia’s property market has shown resilience, bouncing back from economic challenges and growing even stronger.
The stories told at casual gatherings and barbecues about investing in property and getting rich from it are more than simply stories; they are proof of the real gains by Aussies through property investment, using the right investment strategy for each of them.
While every market has its ups and downs, the Australian property market has a reputation for steady growth, with downturns typically being shallow and upturns resulting in significant value appreciation.
Sydney: A Prime Example
Sydney, Australia’s economic capital, shows the possibility of long-term financial security through property investment.
With a growing population, a healthy economy, and a thriving rental market, investing in property in the Sydney market is like planting a seed that will eventually develop into a soaring tree of wealth.
The city’s ongoing efforts to maintain safety, liveability, and investment appeal contribute to its status as one of the top real estate destinations.
Castle Hill, NSW
- In 2018, a house in Castle Hill was valued at $1.4 million.
- Today, that same property has surged to an impressive $2.2 million.
- ADD capital growth %
- In 2019, a unit in Wollongong was a smart buy at $560,000.
- Fast forward, and the value has risen to a noteworthy $700,000.
- A property in Liverpool, valued at $710,000, back in 2020
- Today, it has notched up beyond $900,000.
Learn more about the best suburbs to invest in Australia.
The Best Time to Start Investing In Property
There is a common saying when it comes to investing in property, “The best time to purchase property was yesterday, and the second best time is today.”
At Liviti, we’re all about encouraging boldness in your investment strategy. Our method isn’t a get-rich-quick scheme; it’s a systematic approach designed to equip individuals with the right tools and knowledge for successful property investing.
We believe in empowering you to make informed decisions about your financial future, through our personalised investment strategy. So, let’s boldly and wisely navigate the path to prosperity together.
Read our free guide on how easily to purchase property in Australia.
The Liviti Method
Led by a seasoned team of over 70 professionals with 13 years of experience, Liviti is your go-to in the world of property investment.
With a remarkable $20 billion in property transactions, we believe in a method that encourages strategic, manageable steps—not giant leaps.
Starting with as little as $100 a week, we’re here to help turn modest investments into million-dollar property portfolios in just seven years.
The first step towards financial freedom through property investment
As we continue to explore the world of property investment in Australia, one thing becomes abundantly clear: investing in property is not just for the elite.
With the Liviti method, financial freedom becomes achievable for anyone willing to take the right steps.
This is the first step of your journey towards financial freedom. The Liviti Property Masterclass serves as a guide, providing you with the insights and knowledge needed to navigate the intricate world of property investment in Australia.