Article written by Gavin Hegney, Executive Chairman of Hegney Property Group For Briscoe Search & Consulting – “Briscoe Bulletin”

With constantly changing headlines and media stories ranging from boom to grief, how can anyone possibly know what is going on in our property market?

It is said that uncertainty is the friend of the investor as there is a real premium paid for assets when there is certainty. So with my ‘investors hat’ on, what do I like about the property market today?

The fact that uncertainty abounds this is undoubtedly a true friend for the investor.

For those who may not be aware, I have been a regular property commentator on ABC radio now for 7 years. Being on the ‘Morning Show’ with Geoff Hutchison, we take talk-back calls from listeners and answer people’s property questions, address their concerns and gratefully accept their feedback.

Interestingly, the types of questions that are asked have been proven in the past to be the issues that people are really focussed upon and hence I find this becomes a very accurate guide of what is to occur in the future within the real estate market.

It picked the boom.
It picked the bust.
It picked the trend of investing in Melbourne.

And it did all of this ahead of time.

So what is this caller feedback predicting today?

The last three Thursday mornings I have been on the radio, we have been inundated with phone calls and sms text messages from listeners, so many in fact that we have not been able to answer all of them. Interestingly, six months ago, we were regularly receiving half of this number of calls.

What this says to me is that people are clearly interested in property again.

Importantly, what are the questions regarding? Definitively three things :

Investing, trading up the family home and investment in regional areas.

I would suggest that if the past trend is any guide to the future, and on the basis of this theory, we will see a strong surge of investor activity along with a significant increase in trade-up buyers and these factors combined will probably push prices in those areas standing to gain the most from such a trend.

Let’s watch with anticipation.