Coronavirus and our property markets – what should you be doing now?

What will the impact of the coronavirus be on Australia’s property markets?

What will happen to property prices? Will coronavirus cause a housing market collapse?Coronavirus

What will the coronavirus pandemic do to Australia’s economy?

If you’re like most Australian property investors you’re probably thinking about these things

And those who were about to look for a new home or property investment are wondering if this is a time of great opportunity

Is this the time to buy when everyone else is fearful or is it a time to sit on the sidelines and wait to see how things pan out

Well I have some clear answers for you in today’s video message, so please take the time to watch it.

In my mind, this is probably the most important video message I have recorded ever – and that’s saying something considering how many videos and Podcasts I have recorded.

So even though it is around 16 minutes long, invest your time in watching it – you’ve probably got the time at the moment and it will be a great eye-opener

It’s safe to say that none of us will forget 2020 – this year will go down in the history books as a year when a silent enemy attacked us, but it will also go down of the year when we won the battle and life got back to normal. Mindset

I’m not sure what you’re doing at present, I’m not sure how you’re thinking at present, but since I’ve been speaking with a lot of our clients at Metropole I wanted to share with you what I found about how many people are thinking about property.

Interestingly they fall into three categories which I explain through a model in this video.

Then I explain to you how I’m finding the various people I’m speaking with thinking.

As you watch me draw out these models see where you sit on them?


NOW READ: Coronavirus – How will it impact Australia’s property markets? Your 20 most common questions answered.


How are you thinking?

What are you doing, because as I’m about to explain, some strategic property investors are taking advantage of this opportunity to set the foundations for significant future success.

where to invest in property 2020 australia

Now that I’ve shown you these two models, where do you sit, what are you thinking, what are you doing to get set for the next stage of the property cycle.

This window of opportunity is only short, to be honest I don’t know how long it will be but it will be gone before you know it

I genuinely believe that now is the time to take action and set yourself for the opportunities that will present themselves as the market moves on.

I’ve written about why this is a great opportunity for those with a secure income to take advantage of the opportunities the market will present. Read this now: Is now a good time to buy property?

And you can trust the team at Metropole to provide you with direction, guidance and results.

In challenging times like we are currently experiencing you need an advisor who takes a holistic approach to your wealth creation and that’s what you exactly what you get from the multi award winning team at Metropole.

If you’re looking at buying your next home or investment property here’s 4 ways we can help you:

  1. Strategic property advice. – Allow us to build a Strategic Property Plan for you and your family.  Planning is bringing the future into the present so you can do something about it now!  This will give you direction, results and more certainty. Click here to learn more  Flat Design For Team Work Concept
  2. Buyer’s agency – As Australia’s most trusted buyers’ agents we’ve been involved in over $3Billion worth of transactions creating wealth for our clients and we can do the same for you. Our on the ground teams in Melbourne, Sydney and Brisbane bring you years of experience and perspective – that’s something money just can’t buy. We’ll help you find your next home or an investment grade property.  Click here to learn how we can help you.
  3. Wealth Advisory – We can provide you with strategic tailored financial planning and wealth advice. Click here to learn more about we can help you.
  4. Property Management – Our stress free property management services help you maximise your property returns. Click here to find out why our clients enjoy a vacancy rate considerably below the market average, our tenants stay an average of 3 years and our properties lease 10 days faster than the market average.

NOW READ:

Important updates relating to Coronavirus and property finance matters

The coronavirus means nobody is searching for houses

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Michael Yardney

About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


'Coronavirus and our property markets – what should you be doing now?' have 16 comments

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    April 5, 2020 Alex

    Hi Michael, is the picture behind you a London tube or NY Subway map? Seriously, what do you think about 6 months eviction moratorium? Some people even describe it as 6 months rent free bonanza. Apparently all tenants are different and there may be some stood down folks enjoying free view to Sydney Harbour sipping wine on long winter evening while their landlords struggle to remain positive about it.

    Reply

      Michael Yardney

      April 5, 2020 Michael Yardney

      Alex – behind me is a sculpture – a perpetual motion machine – not a picture.

      Watch out for a blog just published about the six month moratorium by Leanne Jopson my director of property management at Metropole.

      Reply

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    April 4, 2020 JontyD

    The fact is things will not be the same as they were. The premise that things will just ‘bounce back’ after restrictions are lifted is untenable. Comparisons with the GFC are just economic doubletalk. The GFC did not affect the entire spectrum of economic activity and targeted speculators and charlatans of securitized and derivative mortgage products issued by a US financial sector completely out of control undertaken with the blessing and at the instigation of the US government. If you don’t owe any money you don’t have to transact. Not every transaction enjoys a payment moratorium and the government can’t spend on stimulus whilst contradictorily freezing transactions. It is likely many of the jobs lost will be lost forever and housing prices sustained by un-sustainable immigration policies is a con. This is going to effect structural changes that are unforeseen and put an end to the ‘business as usual’ mentality that drives your ilk and the lazy bureaucrats and politicians that push this fake ‘growth’ paradigm.

    Reply

      Michael Yardney

      April 4, 2020 Michael Yardney

      You’re right Jonty. Life will never be the same again, it will be the new normal.

      I have lived through a number of these “life will never be the same again events.” Those people with a long-term focus and see this is a time of positive reset again to come out ahead, and those who can only see doom and gloom find exactly what they are looking for

      Reply

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    April 4, 2020 Bianca

    And that’s the reason right there as to why I only ever rely on your, and Dr Andrew Wilson’s, commentary on the property markets. No sugar coating or exaggeration. Your optimism always pushes me forward in property investing. Thank you 🙌🏻

    Reply

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    April 2, 2020 Dr John Stewart

    Useful Commentary from a clear thinker who has seen many booms and busts

    Reply

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    April 2, 2020 Glen Pertzel

    Great video Michael and thanks for the diagrams. This is great opportunity for all of us to look at ways to position ourselves moving forward and I’m certainly excited!!

    Reply

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    April 2, 2020 Trent DHM

    Thank you Michael for the interesting and positive podcast on where property is going.
    It is nice to hear a successful property expert explain the current and future property trends without sensationalising everything like the media but using fact and past history.
    Also, many property gurus have very capitalistic right winged views and would never mention the environment and find a positive from the current crisis involving it. Nice touch.

    Reply


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