As a first home buyer in Australia, you may have been watching changes in the economy around the world unfold with trepidation, wondering whether now is the right time to enter the property market.

Join us in today's episode as we explore the potential impacts of the global economic situation on the Australian property market. While rising living costs and a rental crisis make buying a home an attractive option, the prospect of rising interest rates and rumours of a recession can also be intimidating. So, what should you do?

We're here to give you the lowdown on the property market, whether you're ready to take the plunge or still weighing your options on your first property purchase. It is our goal to help you retain a long term perspective while making your choices with the utmost confidence. Let's get started!

Episode Highlights:
00:00 - What does economic doom and gloom mean for first home buyers?
02:15 - Meighan's unique house of the week
03:11 - Lessons from the past: How major events shaped today's property market
07:06 - The surprising patterns about market catastrophe and property prices
11:15 - The cyclical nature of the real estate market
13:32 - Lessons we can learn from the failure of real estate in mining towns
15:47 - Making sound property investment decisions for the long term
20:54 - Revealing the secret to making gains in a downturned property market

Learn how to buy property without making a mistake with our 10-step online course for first time home buyers

Looking for a Sydney Buyers Agent?

Work with Veronica:

Looking for a Brisbane Buyers Agent?
If you have any questions or would like to be featured on our show, contact us at: [email protected]
If you enjoyed today's podcast, don't forget to subscribe, rate, and share the show! There's more to come, so we hope to have you along with us on this journey!
➼ Subscribe on YouTube

➼ Subscribe on Apple Podcasts

➼ Subscribe on Spotify
How ready are you to buy your first home?

Veronica Morgan & Meighan Wells 

Veronica & Meighan are both licensed real estate agents who exclusively help buyers. Together they have nearly 40 years experience as property professionals.

Veronica is principal of Sydney based Good Deeds Property Buyers and is also co-host of The Elephant in the Room property podcast as well as Location Location Location Australia on Foxtel and author of Auction Ready: how to buy property at auction even though you're scared s#!tless!

Meighan is the multi award winning principal of Brisbane based Property Pursuit, chairperson of the REIQ Buyers Agent Chapter & a regular media commentator.

We are here to guide you through your home buying journey

How ready are you to buy your first home?