- May 29, 2018
- Posted by: Streamline Finance Services
- Category: Finance
Is now a good time to buy property ? With property prices falling in Sydney and Melbourne over the past 3months many customers are asking this question.
The real question you should be asking is “why am I looking to buy” if you ask yourself this question and you come up with answers like ” I want to stop renting and pay off my own place” or ” I have been living at my parents place for too long and I have a deposit” or “I want to buy something now and live in it later” now is a great time to buy.
Property prices will fall over a period of time and will rise for a period of time but property is a great investment long term. If you start looking and find a property that ticks all the boxes there no wrong time
- Great Location
- Close to transport
- Family/ Relatives
- Size and space of land and house
- Lifestyle- Beach, shops, cafes
- Schools
One thing that is very important in starting your purchasing journey is to call Streamline Finance Services and allow us to work out how much you can afford to borrow and work through having your loan approved before you start looking.