❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES 💡 Private Facebook Group With Over 50,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty 💡 Top Ranked No "BS" Podcast On Spotify/ Apple Podcasts/ Google 👉 consultingbypk.com.au/podcast/
This video is more about buyers agents than long term trends as shown in the thumbnail The truth is NO ONE KNOWS, that said the TREND is your FRIEND, if most fundamentals look like a buy, then BUY but watch it like a hawk and get ready to jump out I remember Sydney advisers saw the last Perth boom, and watched it rise 80% over a few years, all the while saying “this can’t keep going “ Those so called experts are calling a crash now TRACK RECORD is EVERYTHING If you’re not sure what to believe, just go back in time and see what they were saying a few years ago
Getting a track record is usually very hard or impossible, unless it’s a record that truely supports there process of course. I find the best strategy for me is to think that everyone that’s trying to sell you anything, whether it’s a BA or a course, is to be treated at arms length until THEY prove there worth to you. That method slows you down and makes you a lot more discerning. Long form podcasts are helpful these days but it’s only the icing on the cake
If you buy now your fingers will get burnt. Long term maybe not, but that’s only because Inflation is guaranteed. But, you’ll be holding a long time until you see the recent growth again. Edit: specifically owner occupied properties will bear the brunt. Those that buy at the bottom of the rate cycle will only benefit from tenants paying down their mortgage whilst withstanding minimal price growth and potentially retracing prices, who knows on that front. I can say that the property market historically bottoms three years after the traditional markets and the traditional market, as well as the final stage being risk on assets signalling the final year of upside price action for property and traditional markets. That’s being said, my investment horizon for ideal property acquisition is in 4 years time and the beginning of the next up cycle for property leveraging equity from my 36 properties from this and previous cycles for this time. Ty Pk. ✌🏼
I have been thinking things will normalise and Brisbane, Perth & Adelaide will drop rapidly. My friend in QLD is in real estate and she says that a lot of the properties are not valuing up from the banks persperctives.
Hey all, it may seem unfair to PK but I haven’t even listened to the video as yet and am simply reacting to the headline. Put simply “I DISAGREE”. And here’s my reasoning. I’m (my wife and I) in the happy position to currently be building. We had to race our building approval through to beat new energy efficiency standards to ensure we didn’t cop a green hammering. We won the race and saved between 100-150k on our build. If all new builds have to meet the new standards building costs are going to affect all new buildings entering the market. My theory is fairly simple. If building costs are skyrocketing and are unlikely to come down meaning the cost of new builds is higher, house prices will in fact rise to match. I personally feel sorry for any young person who is trying to enter the market and my aim is to help my kids through smart investment.
ref to Sydney market it was comment that supply is low and that is the real reason why property goes up in Sydney (supply and demand) all the other factors just fuel it in a little way and if I was going to blame any one it would be the government. Core logic is best data
I purchased in wa back in 2020. While I'm on the east coast. I purchased because the numbers made it clear it was going to go up. It was my first interstate purchase. I sold it 1 month ago making 90% CG. I have never Seen the house . Not once. Now stacking my chips ready to do the same in Melbourne next year. Probably could have hung on for another 10% in WA but buying remotely I wanted to get into VIC before it heats up hopefully saving the last 10% i missed in WA
@simonchristopherrule7313 you have to allow the human factor. It's where economists go wrong every time. Not saying the value of Australian property is right. It's horrendous and I fear for my kids but we either have to hate it or work with it. At least for now. After Vic has a kick up and maybe NT. I don't know where the next big property value jump will come from. But I have wondered that the last few cycles yet here we are still going......
I did the same living on the east coast, but like the saying goes ‘buy when others are fearful, sell when they greedy’ I sold 1 of 2 I bought in Perth. Mainly to free up some equity in my primary residence but also because you never want to sell at the peak when everyone else is. And being so hot for so long Perth might be due for a correction soon. Might be wrong but doesn’t hurt to take profit. Doubled my money and went with it. Plus I feel that this rubber band has been getting pulled back hard and fast for too many years and is about to spring back harder and faster… can almost tell just by sentiment alone. I personally predicted WW3 1yr ago 🤔
@gglendormi agree it's not overvalued but there's that human element i was talking about. Perth has a boom bust stigma. Sure people believe perth has changed but you wait until the market pulls back. Every media outlet will be selling end of world articles for perth and people will believe it. In the end that has to be factored into the numbers. As will Melbourne change from the current dog turd belief of many back to its rightful 2IC position behind Sydney.
SQM Boom bust report puts Perth at 14-19% increase and the national leader for 2025 again. A favourite till 2027 in his words. Early adopters in Melbourne will be licking their wounds for a few years
@ reason cited is distressed listings. No collapse expected due to home shortage and a potential interest rate cut, but will it be enough buying demand to soak up supply and increase prices, not likely
Appreciate the detailed breakdown! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
@@AusPropertyMasteryWithPK I have always wondered what happens to property prices in the events of a world war. Let’s all hope for everyone’s sake that doesn’t happen. If it does, any ideas on the likely outcome PK?
You have a clear edge since you worked for banks and high profile financial institutions? You must have a good understanding of what macro bearish signal look like ?
![Twenty One Pilots - “The Line” (from Arcane Season 2) [Official Music Video]](http://i.ytimg.com/vi/E2Rj2gQAyPA/mqdefault.jpg)
❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES
💡 Private Facebook Group With Over 50,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty
💡 Top Ranked No "BS" Podcast On Spotify/ Apple Podcasts/ Google 👉 consultingbypk.com.au/podcast/
Thank you PK. A little less longer video will be highly appreciated. 😁
We won’t have rate cuts - rates are super low house correction is coming 😂😂
Yes we will. Inflation is declining, lead indicators like PMI are looking dire.
The rent is too damn high
😂😂😂😂 it’s inevitable they will come down….. boom on the horizon
@@chookie131deportation is
Deportation will help
This video is more about buyers agents than long term trends as shown in the thumbnail
The truth is NO ONE KNOWS, that said the TREND is your FRIEND, if most fundamentals look like a buy, then BUY but watch it like a hawk and get ready to jump out
I remember Sydney advisers saw the last Perth boom, and watched it rise 80% over a few years, all the while saying “this can’t keep going “
Those so called experts are calling a crash now
TRACK RECORD is EVERYTHING
If you’re not sure what to believe, just go back in time and see what they were saying a few years ago
Getting a track record is usually very hard or impossible, unless it’s a record that truely supports there process of course. I find the best strategy for me is to think that everyone that’s trying to sell you anything, whether it’s a BA or a course, is to be treated at arms length until THEY prove there worth to you. That method slows you down and makes you a lot more discerning. Long form podcasts are helpful these days but it’s only the icing on the cake
lol Western Australia are full of investors 😂😂😂
If you buy now your fingers will get burnt. Long term maybe not, but that’s only because Inflation is guaranteed. But, you’ll be holding a long time until you see the recent growth again. Edit: specifically owner occupied properties will bear the brunt. Those that buy at the bottom of the rate cycle will only benefit from tenants paying down their mortgage whilst withstanding minimal price growth and potentially retracing prices, who knows on that front. I can say that the property market historically bottoms three years after the traditional markets and the traditional market, as well as the final stage being risk on assets signalling the final year of upside price action for property and traditional markets. That’s being said, my investment horizon for ideal property acquisition is in 4 years time and the beginning of the next up cycle for property leveraging equity from my 36 properties from this and previous cycles for this time. Ty Pk. ✌🏼
7:00 I thought this when I saw the pushing of Perth by almost everyone.
I have been thinking things will normalise
and Brisbane, Perth & Adelaide will drop rapidly.
My friend in QLD is in real estate and she says that a lot of the properties are not valuing up from the banks persperctives.
Current prices not worth in Brisbane for sure
@@srinivasdumpala637 Agreed 100%
I think Melbourne may well play a massive catch up in the next two to three years.
@@crazyham bank valuations are coming way off in Melbourne, my friend went to buy a property for 840, valuation came at 7,60.
@seriousjoker8472 Very Interesting.
@@crazyham Google 'Victorian Government Debt' and 'Uninvestable Victoria'
Hey all, it may seem unfair to PK but I haven’t even listened to the video as yet and am simply reacting to the headline.
Put simply “I DISAGREE”.
And here’s my reasoning.
I’m (my wife and I) in the happy position to currently be building.
We had to race our building approval through to beat new energy efficiency standards to ensure we didn’t cop a green hammering.
We won the race and saved between 100-150k on our build.
If all new builds have to meet the new standards building costs are going to affect all new buildings entering the market.
My theory is fairly simple.
If building costs are skyrocketing and are unlikely to come down meaning the cost of new builds is higher, house prices will in fact rise to match.
I personally feel sorry for any young person who is trying to enter the market and my aim is to help my kids through smart investment.
ref to Sydney market it was comment that supply is low and that is the real reason why property goes up in Sydney (supply and demand) all the other factors just fuel it in a little way and if I was going to blame any one it would be the government. Core logic is best data
I purchased in wa back in 2020. While I'm on the east coast. I purchased because the numbers made it clear it was going to go up. It was my first interstate purchase.
I sold it 1 month ago making 90% CG. I have never Seen the house . Not once.
Now stacking my chips ready to do the same in Melbourne next year.
Probably could have hung on for another 10% in WA but buying remotely I wanted to get into VIC before it heats up hopefully saving the last 10% i missed in WA
The numbers have been making it clear to me that prices are horrendously overvalued all over this country and yet somehow prices keep going up...
@simonchristopherrule7313 you have to allow the human factor. It's where economists go wrong every time. Not saying the value of Australian property is right. It's horrendous and I fear for my kids but we either have to hate it or work with it. At least for now. After Vic has a kick up and maybe NT. I don't know where the next big property value jump will come from.
But I have wondered that the last few cycles yet here we are still going......
I did the same living on the east coast, but like the saying goes ‘buy when others are fearful, sell when they greedy’ I sold 1 of 2 I bought in Perth. Mainly to free up some equity in my primary residence but also because you never want to sell at the peak when everyone else is. And being so hot for so long Perth might be due for a correction soon. Might be wrong but doesn’t hurt to take profit. Doubled my money and went with it. Plus I feel that this rubber band has been getting pulled back hard and fast for too many years and is about to spring back harder and faster… can almost tell just by sentiment alone. I personally predicted WW3 1yr ago 🤔
Price and over supply of money. Not overvalued in price until people can't afford it. WA is far from overvalued.
@gglendormi agree it's not overvalued but there's that human element i was talking about. Perth has a boom bust stigma. Sure people believe perth has changed but you wait until the market pulls back. Every media outlet will be selling end of world articles for perth and people will believe it. In the end that has to be factored into the numbers.
As will Melbourne change from the current dog turd belief of many back to its rightful 2IC position behind Sydney.
SQM Boom bust report puts Perth at 14-19% increase and the national leader for 2025 again. A favourite till 2027 in his words.
Early adopters in Melbourne will be licking their wounds for a few years
@@nq6417 What’s SQM’s reasoning for Melbourne not appreciating in the short term?
@@shoops5154 Google 'Victorian Government Debt' and 'Uninvestable Victoria'
@ reason cited is distressed listings. No collapse expected due to home shortage and a potential interest rate cut, but will it be enough buying demand to soak up supply and increase prices, not likely
@@nq6417 is the quantity of distressed listings public data readily available?
Data may not be flashy and shiny, but it's sexy!!! 😂🎉
Appreciate the detailed breakdown! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
i am buying in melbourne, then brisbane, then perth. i would love to buy in sydney but can't afford
Now you opened your eyes 😅
The day something happens or is on the verge to happen will you let your clients know ? Like a sell signal ?
@@gglendormi like World War?
@@AusPropertyMasteryWithPKThat's a great signal to observe 👌
Liquidity issue in the market.
@@AusPropertyMasteryWithPK I have always wondered what happens to property prices in the events of a world war. Let’s all hope for everyone’s sake that doesn’t happen. If it does, any ideas on the likely outcome PK?
You have a clear edge since you worked for banks and high profile financial institutions? You must have a good understanding of what macro bearish signal look like ?
where is the graph you used???
Deportation graph?
Jobs are a big player for house corrections
So is deportation
No graph is applicable for Adelaide..
Settled a darwin 3 bed 2 bath to go against the FOMO chase
You can get a better house once deportation has begun
@@emp731what deportation are you talking about?
@gglendormi well done mate. Darwin will bounce well before Melbourne
Thumbnail = clickbait
This guy goes on and on to long get to the point. Stopped at 5 min.
wow longest intro ever
10 minutes of an introduction that's being read it s a bit painful