By Rich Harvey, CEO & Founder, propertybuyer.com.au
For decades, the New South Wales Central Coast region was in a property market holding pattern. It was flying under the radar of homebuyers and investors alike. But COVID’s significant upheaval brought the region into the limelight. Now, a raft of drivers across the political and economic spectrum will deliver exciting times to the Central Coast – and those who own property will be among the biggest beneficiaries.
Anthony Knight, Principal buyers’ advocate for Propertybuyer on the Central Coast, has lived in the region for decades. We recently chatted about the region and why he’s excited about what’s to come.
Queensland’s recent tenancy law changes have stirred mixed reactions across the property landscape. While many landlords view the updates as restrictive, a closer look reveals surprising opportunities for informed property investors. At Propertybuyer Queensland, we see these laws as a game-changer—creating unique advantages for savvy buyers who know how to play their cards right.
Let’s dive into how these changes can work in your favour and why now is the time to seize opportunities in the Queensland market.
Queensland’s updated tenancy laws aim to strike a balance between tenant protections and landlord rights. Among the most significant updates are:
While these measures stabilise the rental market for tenants, they have an unintended side effect: they create a buyer’s market. Properties tied to leases with below-market rents are less attractive to the average buyer, which opens the door for strategic investors.
Rich Harvey, CEO of Propertybuyer, explains: “While there was initial backlash against these regulations, they actually create unique opportunities for savvy investors to secure properties at lower purchase prices. In many cases, the perceived downsides for other buyers can translate into financial gains for well-informed investors.”
The restrictions often lead to reduced competition for certain properties, allowing you to negotiate better deals and capitalize on long-term growth potential.
Glen Sainsbury, Principal Buyers Agent at Propertybuyer Queensland, shares how these laws can turn challenges into rewards for investors.
1. $700,000 Property
2. $1 Million Property
3. $2 Million Property
1. Do Your Homework: Work with experts who understand the nuances of tenancy laws and can identify properties with high potential.
2. Negotiate Strategically: Use rental shortfalls or tenant protections as negotiation tools to lower the purchase price.
3. Think Long-Term: Focus on the future growth potential of the property rather than the short-term rental restrictions.
As Sainsbury points out: “People often overlook the hidden opportunities within tenancy laws. Reduced competition means our clients can acquire properties at significantly lower prices while reaping long-term capital growth benefits.”
The Queensland property market is at a turning point. With fewer buyers competing for properties impacted by tenancy restrictions, this is your chance to secure premium assets at discounted prices.
At Propertybuyer, we specialise in helping investors navigate complex markets and capitalize on opportunities like this. Our team of expert buyers’ agents can guide you every step of the way, from identifying undervalued properties to negotiating the best deals.
If you’re ready to turn these tenancy law changes into a profitable investment strategy, we’re here to help.
Reach out for a discussion about your property goals by calling 1300 655 615 , or schedule a complimentary strategy session to explore your options by making an enquiry here.
Don’t let these opportunities pass you by. With the right strategy, you can turn perceived challenges into long-term financial gains.
About the Author
Rich Harvey is the CEO and Founder of Propertybuyer, Australia’s most awarded buyers agency. With decades of experience in property investment, Rich and his team are dedicated to helping clients achieve their property goals with confidence and success.
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