Property is still A fantastic way to grow wealth over the lo g term

In today’s Telly (Feb19 2109) David and Libby Koch share their views on the Australian property market.

Over the long term - 20 years - Australians have achieved a year on year growth of 10-15pc in Major cities  - even after the 2018 drop in prices!

Hobart - 237%

Canberra - 231%

Melbourne - 274%

Sydney - 202%

With leverage - this growth rate for investors are significantly higher!

So when is the right time to buy?

My view - is whenever you can afford a deposit! 

But!!! Be sure to do your research and buy in an area that is likely to grow - do your research!!