Michael Matusik's 7 reasons to be positive about the Australian property market

Michael Matusik says he has several reasons for optimistic.

These include:

  1. Undersupply of new housing stock, especially in New South Wales and Queensland.

  2. Declining interest rates in concert with low bank loan to value ratios & our current high saving rate.

  3. Expanding population.

  4. Tight vacancy rate.

  5. Lower Australian dollar.

  6. Declining stock listed for sale; less private treaty discounting & shorter time on market plus increasing sales volumes.

  7. Rising confidence – i.e. The Westpac/Melbourne Institutes “good time to buy a dwelling index” - which is close to its pre-GFC high.

You can also read how Michael's seven reasons form the backbone of why prices might rise 25% in select Australian east coast cities over next three years.

Michael Matusik is the founder of Matusik Property Insights, which has helped over 550 new residential projects come to fruition.  
Read Michael’s Blog or follow him on Facebook and Twitter or connect via LinkedIn.

 

    Community Discussion

    Be the first one to comment on this article
    What would you like to say about this project?