COVID has presented challenges that have truly tested careers within the health profession. Depending on your line of work, some of you were incredibly quiet and others incredibly busy. For some it was a year that showed health practices are not quite as resilient as we had thought. Perhaps it’s time to consider not putting all your eggs in the one basket and hope it is worth something to help see you through your career and into retirement.
Here’s a few questions to help you decide if property investment is a good option for you:
- Do you have a passive source of income to see you through periods of illness or that would allow you to stop work at any stage because you want/need to?
- When you reach the age of retirement, will you:
- have enough money in superannuation to retire permanently or in a phased (planned wind-down) approach comfortably?
- have a source of passive income to maintain the lifestyle you have become accustomed to?
- have paid off the mortgage on your principal place of residence?
- have been able to set your kids up for a secure future?
If your answer to any of the above questions is “No”, then definitely read on.
Now is the time to look at a personal investment avenue that has a proven resilience even in times of global disaster. I’m talking about property investment.
The property market did not suffer the negative returns predicted by many economists despite lockdowns and open homes/auctions moving on-line. CoreLogic found house prices between July and September 2021 were up almost 8% in regional areas and around 2% in capital cities.
A recent survey undertaken by the Regional Australia Institute found one-in-five city residents are looking to move to country regions, more than half within the next 12 months. In fact, more than half said they were already considering the move prior to the pandemic hitting.
Between July and September 2021, the Australian Bureau of Statistics reported a net loss of 11,200 people from the nation’s capital cities. With more people working from home, looking to escape traffic, for more space, to reduce stress and improve quality of health and life generally, we are seeing and will continue to see a growth in outer suburbs and regional towns. With interest rates at an all-time low, increased ease and access to bank funding and a shortage of stock on the market, 2021 will see property investment returns soar for the savvy investor.
Find out how to achieve instant equity and positive cashflow through low-risk, small property developments such as the purchase of land and building a house, townhouse or duplex. Becoming a small-time property developer does not require access to millions of dollars and small projects can make you a 6 figure profit in 12 months. As a health professional, you have access to special deals for certain steps in this process that aren’t available to the general public. Together with the most favourable market conditions that have existed in decades, don’t miss out on the opportunities.
Click below to learn about the various stages of the process.
We have partnered with property expert Lloyd Edge, a passionate property investor who has achieved financial independence through property. He is the author of best-selling book Positively Geared.
Lloyd has been nominated several times as a finalist in the REINSW awards for excellence and the Real Estate Business awards as well as receiving awards for top buyers’ agent from ‘Your Investment Property’. In 18 years as a property investor and developer, Lloyd has accumulated a property portfolio worth over $12 million that is cash flow positive. Lloyd has featured as a regular contributor in the media including news.com.au, realestate.com.au, Canstar Australian Property Investor, Smart Property Investor and Your Investment Property.