2022 Property Boom: What You Need To Know

March 28, 2022

It’s no secret that Australia is in the midst of a property boom. And while some investors are hesitant to jump into the market, fearing a potential bust, others are seizing the opportunity to make money while prices are high.

In recent years, Australia has seen house prices skyrocket, with no end in sight. But what will the property market look like in 2022? And how can investors ensure they’re prepared for it? Let’s take a look at some of the key factors to consider when predicting the growth of Australia’s property markert.

So whether you’re a seasoned investor or just getting started, be sure to read on!

Why is the property market booming? And what does this mean for you?

The property market is booming for a number of reasons. Firstly, property values have been rising steadily for the past few years, making property a sound investment. Secondly, interest rates are low, making it cheaper to borrow money for a property purchase. Lastly, there is an increasing number of people who are buying property to rent out, as the demand for rental property is high.

What does this mean for you? If you’re thinking of buying a property, now is a good time to do so. Property prices are likely to continue to rise, and you may be able to get a good deal on a mortgage. However, it’s important to remember that the property market can be volatile, so it’s important to do your research

How can you make the most of the property boom in 2022?

The property boom is predicted to continue in earnest throughout 2022 and beyond. For those looking to make the most of this situation, there are a number of things to keep in mind. Firstly, it is important to be realistic about what you can afford. While property prices are rising, incomes are not increasing at the same rate. As such, it is important to set a budget and stick to it. Secondly, be prepared to act quickly. The best deals will not be on the market for long, so it is important to be decisive when you find a property that you like.

What are the best ways to invest in property and how can you ensure a good return on your investment?

When it comes to investing in property, there are a number of different strategies that can be employed. One option is to buy a fixer-upper and renovate it before putting it back on the market. This can be a time-consuming and expensive process, but it can also lead to a significant return on investment. Another option is to buy a property in an up-and-coming neighbourhood. This strategy requires a bit of research, but if you can identify an area that is on the verge of gentrification, you may be able to secure a property at a bargain price and sell it for a hefty profit down the line. Of course, there is no guaranteed path to success when investing in property. However, by carefully considering your options and speaking to an expert, you can set yourself up for success and great returns on your investment.

What areas are expected to be a part of this property boom?

While there has been a nationwide property boom over the past 18 months, some locations have had strong markets for much longer than that. In the coming year, some of the locations that have had major price growth for the past four or five years will start to fade. Hobart, Geelong and the Sunshine Coast are examples. But many other places are just getting started on their growth cycles and will continue to deliver big price increases in 2022 and beyond. These include rising cities like Brisbane, Adelaide and Perth, as well as buoyant regional markets, including those in NSW, Queensland and Western Australia.

The 2022 property boom is set to be one of the biggest in recent history. If you’re looking to invest in property, now is the time to do your research and get started. By understanding why the market is booming and what this means for you, you can make sure that you make the most of this opportunity. Strategic investors took advantage of our property markets while others sat on the sidelines over the past few years waiting for the picture to become clear. For first time property investors, it important to get a good team around you and invest in your future – after all you’ll be spending a lot of time there.

We can help!

If you are considering purchasing an investment property, now is the time to buy. Why? Because loan interest rates are still low—less than 2%. When the interest rates begin to climb, it will cost you tens of thousands if not hundreds of thousands of dollars more. When purchasing a property, it’s important to have someone with the knowledge you need to make the right decision. That’s where we can help!

Ready to start creating passive income with property? Think you’re ready to invest in one or more properties?

We can help! At OneCorp, we walk you through every step of the process at NO cost to you. We create a personalized property strategy and help you find the best opportunities on the market, so you know you’re getting the best return.

Getting started on your investment property journey has never been easier:

We start by helping you set clear goals and objectives as to what you want to achieve through property investment.
From there, we run the numbers through proprietary software to accurately assess exactly what you need out of a property portfolio to achieve those goals.
Lastly, we find the perfect property to make those objectives a reality!

Speak to an expert today by clicking here