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Video: Why investors need to play the long game in property Investing
In this video, Domenic Nesci shares the differences between houses and apartments and how they have performed over the past 30 years.
When it comes to property investing, there is no right or wrong answer regarding whether you should buy an apartment or a house. It depends on your circumstances and what you are looking for in an investment.
Both options have pros and cons, so it's essential to weigh all the factors before making a decision.
According to CoreLogic Australia's latest report: “Over that 30-year period we have seen six distinct cycles of growth and an equal number of cycles of decline (including the current downswing) across the national index. Each of the upswings and downturns have been characterised by different environments and catalysts of change such as taxation policy, monetary policy decisions, economic shocks, fiscal stimulus and broader economic conditions. While housing values move through cycles of growth as well as declines, the long-term trend is undeniably upwards.”
In this video, Domenic will review 30 years of data and share his insights about buying a house or an apartment to help investors to gain more knowledge on this topic.
Contact our team if you want to discuss your options or are unsure which property is the best for you. We do the research and negotiations and help you finance your property, making it easy for you to put your money to work: