Despite talk of doom and gloom, a recent investor sentiment survey paints a positive picture for the market moving ahead, with savvy investors from all walks of life set to capitalise on new opportunities.
Property Investment Professionals of Australia (PIPA) recently released their annual Investor Sentiment Survey with some very encouraging results.
Despite many changes and rumours throughout the year, not only is buyer sentiment high, it remains a positive market out there for all types of investors.
One of the most interesting findings the survey highlighted is that property investors are a diverse group of people.
Investors come from all walks of life, with differing household incomes and different investment objectives.
What they do have in common is that they are experienced and have a long-term view of wealth creation through property, which really is the key here – property is and always will be a long game, and if you do it right, it will be highly successful.
And in spite of challenges this year – with increased interest rates and the threat of losing negative gearing – 63 per cent of property investors remain positive that it’s still a good time to invest.
This is due to investors becoming increasingly more sophisticated and confident in their approach.
This improved confidence is because they are receiving the help they need to define their strategy and reach their goals.
The survey found that property professionals are becoming increasingly more important to investors with investors relying heavily on professional advice.
A significant 52 per cent of those surveyed say they will seek advice from a property investment adviser and strongly believe in the value of professional training and education.
The proof really is in the pudding.
Sound investment principles and a defined strategy, coupled with the right professional advice, leads to success.
If you’re looking for some professional advice, get in touch.
Paul Wilson is an Independent Property Investing Expert who's been educating and coaching investors since 2001. Author of 7 Deadly Mistakes Property Investors Make and How to Avoid Them, he also manages Educating Property Investors, We Find Houses, and We Find Finance.
Through his books and websites, Paul provides valuable, independent guidance and support by teaching strategies on how you can invest successfully, while protecting yourself from the common mistakes that trap many investors from reaching their full potential.
Paul doesn’t promote cookie cutter strategies, instead he demonstrates how you can create wealth as a property investor regardless of your budget, location, strategy and risk profile. Paul makes his home on the Gold Coast and spends his leisure time enjoying adventures, surf and sun with his wife and five children. Protect and grow your portfolio with knowledge.