Most people will only hear the noise around this Budget.
But amidst all of the noise there are actually TWO very clear opportunities.
The first is owner occupied purchases.
As investors step away from existing property stock, the market is becoming flatter and more subdued. Agents will be chasing buyers rather than the other way around.
If you are looking to buy your first home, or shift homes, we are moving into what is potentially a MASSIVE buyer’s market.
The second opportunity is investing in NEW housing.
Despite all the commentary, the Budget still leaves a very clear pathway for investors.
Negative gearing benefits continue to apply to new housing stock including house and land packages and off-the-plan purchases.
Historically it is always the first movers who gain the greatest advantage because they act opposite to the herd.
While most people hesitate, opportunities quietly appear.
There is only a finite amount of already approved and established NEW housing stock available right now.
Once the market fully understands the implications of these changes, competition for quality new property is likely to increase very quickly.
First movers do not just get the tax advantage. They get first choice.
If you would like to discuss how these Budget changes could work in your favour, please contact me today.
That’s what I’m here for.