153. Do I Sell Property in VIC

Welcome back to another episode of the 360 Money Matters Podcast! 

In this episode, we discuss the current state of the Victorian property market. We explore the growing concerns among property owners about whether to sell or hold onto their properties in Victoria, driven by a recent dip in the market and policy changes, particularly regarding land tax and rental standards. We also analyze historical growth rates, compare Victoria's market performance to other Australian states, and discuss the long-term prospects for property investment in the region. Despite short-term challenges, the current market conditions may present a strong buying opportunity for those with a long-term investment strategy.

Join us in this episode as we break down the latest market trends, policy changes, and what they mean for your investment. Don't miss out—listen now!

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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706

 

Episode Highlights

● Current state of the Victorian property market

● Recent concerns about the Victorian property market

● Factors affecting Victorian property market

● Impact of cash flow on property investment decisions

● Considerations for holding vs. selling properties

● Impact of population growth and construction costs on the market

● Possibility of rapid market changes with increased confidence

● Importance of aligning property investment with long-term strategic plans

 

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