James Nihill formed real estate agency Patrick Leo in 2014 and today is the company's managing director. Patrick Leo specialises in sourcing and acquiring residential investment properties, and to date has helped more than 1,000 people buy property all over Australia. Patrick Leo also has affiliated businesses in home loans and financial planning, Sami L Home Loans and Sami L Advisory. James Nihill is a licensed estate agent with over 20 years' experience in financial services and real-estate.
The property markets were on a roller-coaster ride in Australia in 2019, so James Nihill plots out a course for the 2020 investor.
"Ironically – a much better opportunity (to invest) may be only 30 minutes’ drive away. "
As property markets recover across Australia’s capitals and start to experience modest price growth after the market correction, Melbourne is firmly standing its ground as a solid choice for investors, supported by strong levels of government infrastructure spending, robust population growth and a stable local economy.
A resilient location that has remained relatively unaffected by the recent property downturn, however, is the humble Sunshine State.
What does the continued Liberal government mean for the Australian property market and our investors?
We have all been consumed with the Royal Commission findings and doom and gloom reports of property prices declining. In deciphering the facts from the fake news –are there still opportunities for growth in Australian residential property and where are the best locations to invest your hard-earned dollars in?
For years Melbourne has been renowned for its trend-setting restaurant and fashion scene, often teaching big sister Sydney a thing or two.
Amid the economic gloom, our own Aussie expats could be a beacon of light and add significantly to investment sales in coming years.
Yet another new Prime Minister in Canberra. Does this mean it’s time to check our smoke alarms?