How the Prestige Property Market has Performed and What this Means for the Broader Property Market - a Valuer's Insights with Peter Raptis

Valuation has the tendency to make or break a purchase. In today’s episode, Acumentis Group director Peter Raptis shares with us his thoughts about the booming property market from the perspective of a valuer. Find out the factors that he looks at when valuing a property. Plus, we are still in the low interest rate environment and experiencing the economic impact of Covid19. Are you keen to know how this affects you as buyer? Listen to his valuable advice to property buyers, especially those who wonder “When is it the right time to buy a property?”.In this episode:Peter talks about the 3 issues they look at during valuationThe two types of valuation: purchasing vs. refinancing a propertyThe importance of the property owner’s inputs during the valuationPeter’s thoughts on the rapid price growth in SydneyHow long will this growth last?The domino effect when property prices rise locally and interstateInvesting in this time of low interest rates and the property boomHow Covid19 influenced the people’s purchasing behaviourPeter cites samples of huge price increases – without renovations in the propertyThe importance of buying at the right priceWhat can happen when property growth has peakedPeter’s advice to property buyersLinks:Acumentis GroupAbout Aaron:Aaron-Christie David founded Atelier Wealth, a Mortgage & Finance Association of Australia (MFAA) approved Mortgage Broker. Aaron’s focus is clear – supporting property investors to make confident decisions to build their property portfolio. He has been recognised in the MPA Top 100 Broker rankings for the last three years.With over 10 years of financial services experience, with a career spanning Wizard Home Loans and Commonwealth Bank, Aaron's decision to become a broker was to help more Australians fearlessly buy investment properties to achieve intergenerational wealth.Connect with Aaron:Visit the website: https://atelierwealth.com.au/   Follow the Australian Investment Property Podcast’s Official Instagram account: https://www.instagram.com/aupropertyinvestmentpodcast/Follow Aaron on Facebook: https://www.facebook.com/aaronchristiedavidFollow Aaron on LinkedIn:  https://www.linkedin.com/in/aaronchristiedavid/Subscribe to Atelier Wealth’s YouTube Channel: https://www.youtube.com/@atelierwealth_au