The reality is that it was the savvy property investors that used this opportunity and period of negative sentiment, to lock in some really great deals. Those with foresight have now done incredibly well. I’ve had numerous clients who have been able to turn one property into 3 or four, in the space of 12 months, because they bought well and understood the market.
So where does that leave would-be investors as we start 2022? Are there still opportunities to invest in property?
Again, if you listen to the media, you would be inclined to believe that markets are going to start falling as interest rates rise in 2022.
The first thing to understand about property markets is that there are many different smaller markets across the country. Just using the SA3 regions alone and we have 358. Of that, I can see around a dozen that are likely to achieve strong growth and will also have the ability to weather any broader market weakness, because they are all facing significant supply constraints and strong demand.
There are a number of capital cities and regional areas that appear poised to see good growth as well and when combined with things like large infrastructure spending there are clearly going to be excellent investment opportunities. The likes of Brisbane and Adelaide, in particular, continue to see strong growth when many other cities have clearly now dropped off the pace.
If you’re looking to start building your portfolio in 2022, the good news is there are still opportunities. All you have to do is have the right investor mindset and then put the right people around you to help you realise your limitations, goals and strategy to execute.
It all starts with the understanding that there are always opportunities out there for savvy investors.