As consumers, we rely heavily on media sources when it comes to making informed decisions. However, when it comes to buying property, media outlets have a tendency to mislead potential buyers. With sensational headlines and misleading information, the media can create a false sense of urgency that drives buyers to make critical decisions they might later regret.
While some media reports may be accurate, many are based on limited information or a single expert’s opinion. Furthermore, many sources in the media have an agenda, whether it’s promoting a particular market, selling advertisements, or driving traffic to their website. This can lead to biased information that doesn’t reflect the broader picture of the market.
As a result, buyers who rely solely on media sources to make important decisions regarding property purchases run the risk of making serious mistakes. They can miss out on good deals or end up overpaying for properties because they’re working with misinformation.
So, what’s the solution? Before making any decisions, be sure to check multiple sources of information to get a broader understanding of the market. Do your own research by exploring real estate websites, talking to experts in the field or consulting with professionals like real estate agents. This way, you can make truly informed, data-driven decisions and avoid being misled or taken advantage of by media reports.
Truth Property provides you with access to well-located properties that are specifically designed for rental income. These properties are strategically placed in areas with high demand for rental housing, and they are equipped with features that appeal to tenants such as modern amenities and close proximity to public transportation.
“Rental return is at a all time high”
According to a Corelogic report Sydney’s house prices have fallen 14.7% year-on-year to a new $1.21 million median, and units are down 10% to a median price of $769,773, according to CoreLogic data for March. So in conclusion yes interest rates have risen (Not permanently) and servicibility has decreased, but property prices have fallen and rental return is much higher than this time last year. So there isnt much difference when you punch in the numbers. However if you listen to the misinformation the media spews out according to one or two so called experts, naturally you will be thinking twice when it comes down to buying your Home or Investment property. For more information on the Property Cycle hit the Property Cycle link below.
