Black and White Finance update - September 2017

Industry experts believe Sydney is at it’s peak, with house prices in certain areas plateauing and units potentially being impacted more severely. Some believe that a downturn is on the rise and they may be right for some locations but one thing is for sure, it won’t last forever.

There are still plenty of opportunities.  From our perspective, it is a long-term play and history has shown many plateaus and downturns. In 1973 we had the Oil Crisis, 1989 the Savings and Loans Crisis, 2008 the GFC, so when will the next major upturn or downturn occur?
It’s clearly cyclical and you don’t need to be an economist to see how history repeats itself. If you’re a developer, investor or first home buyer sitting on the fence, this is normal given the information that is out there.

While we may not be at a point in time to make price gains of 44% across all capital cities in 5 years like we just did, it will happen again sometime in the future. The population is continuing to increase, infrastructure projects are being completed, areas are being rezoned and our beaches continue to shimmer so the long-term prospect for the residential market remains sound in our opinion. 

It’s an investment you make for your future, for your family’s future, so go for it, play the long game and talk to us at Black and White Finance about building your long-term wealth.

Peter Vassilis