- November 28th, 2024
Why the RBA Is Likely To Hold Steady on Rates (For Now) and What It Means for Property Investors
Understanding the latest inflation figures and how they shape interest rate decisions—and property market opportunities.
read moreAs the year winds down, it’s hard to believe that Christmas is just 71 days away and the start of 2025 is only 78 days from now. Department stores and grocery shops are already rolling out their Christmas decorations, serving as a reminder that 2024 is coming to a close faster than many of us anticipated. If you’re feeling like this year has flown by, you’re not alone—but now is the perfect time to take stock of your goals.
Back in January, many of us set ambitious goals in that classic “new year, new me” spirit. So, ask yourself: have you achieved the milestones you set out for? Or have some been pushed aside with the belief that you just haven’t had the time? It’s easy to say you were too busy, but let’s get real—you’ve had around 7,000 hours since the start of the year. Surely, a few of those could have been better spent tackling a big goal you’ve been putting off.
When it comes to significant, life-changing goals like purchasing property, the first step is always the hardest. The idea of navigating a long, complicated process may make you want to stay in your comfort zone. But the truth is, the sooner you take action, the better your long-term results will be.
Looking Back to 2019—And Forward to 2025
Imagine you had the opportunity today to go back and buy a property in 2019. Back then, the median house price across Australia’s capital cities was 30% lower than it is today—about $345,000 less. If you had the chance to lock in that price now, wouldn’t you jump at it? Of course you would!
If that’s how you feel today, think about how you’ll feel in five years if you don’t act now. The property prices of 2024 will soon become the property prices of the past, and you could end up regretting not taking that first step when the opportunity was right in front of you.
There are still 10 weeks left in 2024, which means there’s still time to kick the goals you’ve been putting off. Yes, the first step is always the hardest, but you don’t have to take it alone. The Property Mentors are here to provide expert guidance and education, helping you navigate the property market with confidence and support.
Stop Waiting for ‘The Right Time’
Maybe you’ve been telling yourself you’re waiting for next year, or for interest rates to drop, or for property prices to fall. But when next year comes, will you just find another reason to wait? When rates drop, will you wait for the next cut? And if property prices fall, it’ll likely be after they’ve grown even higher.
There will always be excuses—when one runs out, another will take its place. But you don’t achieve your goals by letting excuses stop you. You achieve them by taking action, despite your excuses.
Make the last few weeks of 2024 the weeks you overcome your doubts and excuses. It’s time to take control of your future, and there’s no better way to start than by learning from those who have already succeeded.
Take the First Step Today with Luke Harris’ Book, Let’s Get Real
To give yourself the best possible start, grab a copy of Let’s Get Real by Luke Harris, CEO of The Property Mentors. This book is a call to action for every Australian who wants to take control of their future and fulfil their goals. With Luke’s approach, you’ll learn to adopt an “investor-first” mindset, instead of focusing solely on the property itself.
Let’s Get Real offers practical, no-nonsense advice for building a successful property portfolio in any market—perfect for those who are ready to stop making excuses and start making progress. Don’t wait for the perfect time to come; make your move now, and let Luke’s insights help you get ahead.
You still have time in 2024 to make real progress toward your property goals. Don’t let excuses hold you back—take action now. Get your copy of Let’s Get Real for just $14.95 (RRP $29.95) with bonus free shipping until the end of 2024 and connect with The Property Mentors to start your journey toward property success.
