Real Estate Investing in Australia?Sea Changers See Gold!
So… you’ve done your time in the city…the big smoke as we Aussie’s call it, and you’re looking for the next step. Well, one of the biggest catch phrases around, along with the one of the most popular Australian real estate investment moves these days is the “sea change”.
The term “Sea Change” came about a few years back, giving a bankable “tag” to the thousands of people that each week move to coastal towns along the perimeter of this beautiful land. While it mainly refers to the older generation, younger investors are flocking to the beaches, east and west, north and south.
Just a few years back, deals a plenty were able to be found along the coast, homes for $60-$70-$80 and $90 thousand were everywhere…these days…they no longer exist! Adding a zero to those figures are more common nowadays…that’s not to say good deals aren’t still available…
In south east Queensland alone, up to 600-700 sea changers move each week, so long into the future, money will be able to be made by investing in the Australian coastline. This is no overnight fad!
The Sea Change phenomenon has been big business and a big marketing hook for investors, but while everyone is changing into their bikini’s and board-shorts, is anyone thinking about the reverse…surely if thousands of people are moving to the coast, that’s leaving homes for sale within Australia everywhere! And when people move en-mass, prices are sure to be dropping…quality investments will be revealed!
Really, the long and the short of the sea change phenomena is it really doesn’t matter where you go…quality investments can be found where ever you may be looking!
Analysts say that this area is better than that area, but I am a firm believer that good investments are realized through good research and negotiation. Learning the basics before outlaying any of your hard earned cash is the best advice I can give.
Do your numbers…know your limits and stick to your guns!
All the best in you’re Investing…
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