Why the Properties You'd Actually Buy Aren't Dropping

Thinking about your first or next investment property? Book a call: https://go.purepropertyinvestment.com/calendar-booking ---------------------------------------- The Australian property market is falling, but not in the price range most investors actually buy in. In this episode of The Pure Property Podcast, we work through why the correction in the headlines hasn't shown up in the properties we buy for clients. The short answer is construction cost: when an existing house sells for less than it costs to build the same house today, nobody builds, no new supply arrives, and the stock already there has a floor under it. We also go through the stock we bought for clients at $310,000 a year ago that now sells closer to $400,000, and the filter we use to tell one market from the other. ---------------------------------------- Pure Property Investment is an Australian buyers agency. We research, negotiate and buy investment property for clients across Australia, whether that is a first purchase or the next addition to an existing portfolio. Founded by Paul Glossop, we work with investors at every stage and in every price bracket, and the approach is the same either way: the numbers have to work before the story does. Website: https://purepropertyinvestment.com Book a call: https://go.purepropertyinvestment.com/calendar-booking Enquiries: https://purepropertyinvestment.com/contact Get The Surfer's Guide free (pay shipping only): https://go.purepropertyinvestment.com/surfers-guide ---------------------------------------- Follow us on Socials: Instagram: https://www.instagram.com/pure_property/ Facebook: https://www.facebook.com/pureproperty13/ LinkedIn: https://www.linkedin.com/company/pure-property-investment/ ---------------------------------------- Disclaimer: The information featured in this podcast is general in nature and does not take into consideration your financial situation or individual needs and should not be relied upon before making any investment, insurance, tax, property or financial planning decision. You should consult a licensed professional who can advise whether your decision is appropriate for you. Guests appearing on this podcast may have a commercial relationship with the companies mentioned.