Spring into action
Is now a good time to invest in property? Dean McGuigan of Golden Homes has some pointers.
It’s not really about the property. The real question is: Is now a good time to invest in your financial future?
Here’s the short answer: yes. Because every day you wait is a day lost – one day closer to whatever it is you’re working towards, striving to achieve.
In reality, there will always be a reason to wait. Values might drop. Rates could go lower. Something better might come along. But when it comes to property investment, doing nothing often costs more than taking action. The longer you wait, the less time you have to benefit from growth and compounding returns.
Right now, the numbers speak for themselves. Interest rates are lower than they’ve been in years. Some lenders are offering two-year fixed rates as low as 4.85 per cent, with one-year terms dipping below 5 per cent. That’s well below the 20-year average. With competition heating up among banks, investors have a rare opportunity to lock in low-cost finance before any upward movement returns.
The market itself is flat. That means more opportunity, less pressure and the space to make smart, calculated moves. Waiting for the heat to return means paying more in a rising market. And let’s be honest, we only ever know the bottom has passed once it’s already behind us.
Of course, taking action is harder than staying put. It’s more comfortable to tread water than to commit. But in this market, commitment pays. Those who buy now are positioning themselves ahead of the curve, with better rates, lower entry prices and a head start on long-term gains – the kind that funds future freedom and supports income in retirement.
Investing in a quality new build makes even more sense. You’re getting a product designed for today’s living: warm and dry, low-maintenance and built to current standards. Golden Homes investment packages come fully equipped to ensure the property is tenant-ready on completion. The two-year rent guarantee with top-up and our true fixed-price contract provide a straightforward path to long-term gain.
There’s never a perfect time. But there is a smart time, and that time is now. Property rewards the decisive. Time, after all, is an investor’s greatest ally.
