John Lindeman has been engaged by Property Power Partners this year as their Chief Property Consultant. John is a widely acknowledged and highly acclaimed authority on the property market, well known to investors for his frequent presentations, articles, news releases. Lindeman said ”Many years of professional research, analysis, and personal investment experience in the housing market have shown me that the constantly changing level of demand is the key to correctly forecasting price and rent movements at suburb levels.
“That is why we developed the Property Power Database – unlike property databases which collect individual property sales information; the Property Power Database has just one purpose – to estimate future demand. The database analyses changing trends in the demand for houses and units at suburb level and provides highly accurate forecasts of how these changes are likely to cause price and rent movements in the short term – that is, in one to three years.
“Investors don’t want to wait out five or more years waiting for growth that never seems to come, only to lose heart, sell the property and then watch in dismay as rapid growth occurs for the next two years after the property was sold.” Lindeman said. “This is how the housing market often works, with short bursts of strong growth lasting one or two years that are sandwiched between lengthy periods of little to no growth at all.
“Such heartbreaking experiences can be avoided, because property prices and rents move in accordance with supply and demand and the nature of demand is closely tied to changes in population, demographics, economics, housing finance and other measurable dynamics.
“While the total number of houses and units in a street or suburb remains fairly static over long periods of time, the households living in those dwellings change constantly. This makes population growth and demographic change the leading indicators of demand. The housing needs of each generation of residents changes over time – not just location, but type and price as well.
“These needs must be measured against the expected level of supply, which includes building approvals, commencements, completions, renovations, sales, listings and rental trends. At the same time, the ability and desire of people to buy changes in accordance with housing finance trends, economic conditions and climatic events.
That is why we developed the Property Power Database, to collate and measure the likely effect of these dynamics on the housing markets of suburbs and towns around Australia. As a result, the database reveals areas that are about to fall in price, even while housing prices are still rising, or where prices are about to rise even as they are still falling. Property Power Partners empowers investors to replace doubt and uncertainty with knowledge and take action that will enable them to make the best investment decisions.” Lindeman concluded.
The Property Power Partners investor website is www.understandproperty.com.au
The above information is supplied by The Property Power Partners.
Disclaimer: while due care is taken, the viewpoints expressed by sponsors do not necessarily reflect the opinions of Your Investment Property.
Do you have more than $120k in your super fund? You could use your super to buy property - Find out how