Residential property constitutes the major investment for most Australians, and is the largest sector of the property market. In 2010, residential property had an estimated total value of almost $3,700 billion, comprising around 8.95 million dwellings.

In 2011 we are seeing property price growth beginning to stall, what with the increasing interest rates and the expiry of the First Home Owner’s Grant Boost Scheme causing a decline in the number of first home buyers active in the market. Interest rates look set to increase again to stave off inflation.

Government spending is starting to diminish in terms of its role as a key driver of the economy, and there are signs that private investment may take over this function in the economy, with growth expected to accelerate from 2011/12. Furthermore, most residential markets remain in shortage, with low vacancy rates and solid rental growth coming through.

Source: Biz Shrapnel report on Residential Property Prospects, 2011-2014.

Remember a moment when you got that one piece of information that totally changed your perspective on something and gave you such clarity? Can you recall such a time?

No matter if you can or cannot, this piece of information may well be one of those moments for you now. This is the first time that this is being presented in Sydney.

You see, there is someone who is doing some astonishing things, right here in Sydney who is, can I say, coming out of his shell. He will be sharing his almost breathtaking experiences in the property industry, from the past and in the present market and I know what he is about to share with you will have a massive impact on the way you see and experience the market to be right now.

Now this may well not be for you as it is mind stretching and frankly extremely confronting, only those who are truly open to it are going to be there and will get what Harry is really on about…

… If you are a person like this then you should absolutely be there as he’ll be making some ground-breaking offers to those who are – more about that when you register.

We are already over booked for Sydney, however we are making extra space for you given we have no idea when we can get Harry back on stage again. Due to the success of this tour Harry has decided that this will be the last event in this series for the year.

Click here to either find out more or confirm your place …

The initial session starts at 1:30pm and finishes around 4pm after which those who are really committed to move forward are invited to an immediate training session from 4:45pm to 6pm (Harry believes in Massive Action and is committed to do all he can to have you succeed) and then also invited to stay and mingle with drinks at the bar, followed by dinner with Harry and his team and all the other participants til 9:30pm. As I write this Harry has decided that he will be offering you a very special opportunity the afternoons training session.

I hope you can make it!! I guarantee you this will be an afternoon and evening you’ll cherish and remember as one of those magic moments.

Until then, make every moment count!

Here’s that link again for the signup: http://profitstoshare-planassist.eventbrite.com/

Thank you to all of those that joined us at our Gold Coast Training Breakfast! It was a fantastic morning of networking, learning, food & fun. We look forward to our Sydney breakfast this Monday with those of you who have registered.

This will be a fantastic opportunity to meet like minded people and network with other people who are passionate about property like you.

We had some great feedback that everyone had fun during the team challenges, where teams had the opportunity to examine a real life property scenario.

Are you frustrated with not reaching your property goals? Is it because you can’t find property deals that work? Or you just don’t know what to do with your existing properties?

Well, the answer is being focused on your goals and putting systems and tactics in place that will help you find the deals that work.

And here’s the good news!

Harry is serious about helping you find successful transactions for property investors who are focussed on their end goal, whether it’s replacing their job with property income or to make a million bucks in a hurry.

Harry Charalambous will be hosting this Training Breakfast in Sydney on Monday 20th June. Come along to breakfast with Harry where he will discuss tactics and how to create winning strategies in property.

Discover the successful way many investors use to stay on track and win the property game.

Click here to Register Online
REGISTER NOW

Forecasts that Australian property prices could fall by as much as 40 per cent over the next decade have been rubbished by leading industry analysts.

Earlier this week, Professor Steve Keen told The Adviser that Australian properties could suffer a price slump similar to Japan.

“I have always said we will see property prices fall by 40 per cent over the next 10 to 15 years. In fact, I wouldn’t be surprised to see property prices fall by as much as 20 per cent in the next five years.”

But Mr Keen’s comments have been branded “sensationalist” by leading analysts.

“I don’t know what research he has done to back that up, but it sounds rather sensationalist. I wouldn’t expect to see a 40 per cent fall in property prices when we have a growing population and not enough houses to cope for the demand,” RFI’s director Alan Shields told The Adviser.

“I would be surprised to see house prices depreciate by 10 per cent let alone 40 per cent over that time period.”

Mr Shields comments were echoed by both AMP chief economist Shane Oliver and HIA chief economist Harley Dale.

Both Mr Dale and Mr Oliver agreed that Australia could be in for a period of softening house prices, but did not expect to see any significant depreciation.

“House prices will continue to rise, if only ever so slightly,” Mr Dale said.

(Source: Jessica Darnbrough)

The Australian housing market has a bright future, and Gen Ys will be the ones to lead it there, a social demographer has claimed.

In spite of growing pessimism surrounding the economy, KPMG partner Bernard Salt has told Australian BrokerNews he expects economic conditions to pick up within the next few years. Salt claimed much of the economic pessimism in the housing market is merely reverberations from the GFC.

“We are in the shadow of the GFC at the moment. When you’re in the shadow, it’s cold and bleak and you can’t see beyond the darkness. By 2012, 2013 or 2014 we will have left it behind. You can’t be moping around after a recession forever,” Salt commented.

Salt believes Gen Y buyers will be responsible for reinvigorating the housing market in the coming years. He said Gen Ys are not affected by post-GFC malaise that has seen many consumers tighten their belts and retreat from the housing market.

“I don’t think Gen Y were really particularly affected by the GFC. They weren’t married, they don’t have a mortgage, they don’t have kids. There’s sort of a brash optimism. It will be they who move us forward,” he said.

Though first home buyer participation has fallen to 15.8% of all housing finance, Salt believes Gen Ys will soon begin to enter the housing market in earnest. He commented that Gen Ys will stimulate first home buyer activity as both their optimism and the necessity to “grow up” pushes them into property ownership.

“They have to move into household form pretty quick-smart,” he said. “They can’t hang around and pretend to be the people from Friends forever. Ultimately, the practicalities of life force you to do that. You can’t be footloose and fancy-free at 33. You can do that at 23, but you can’t do that at 33.”

(Source: By Adam Smith  10/06/2011 )