Hi and thanks for joining me today, my name is Jason Kennewell. Today’s short webinar is about the Property Clock, and what it is and what it means. Once we understand the concept of how Property Clock works we can determine when is the best time to buy. I’ll talk a little bit about the importance of getting the timing right, and finally I’ll touch on where Park Avenue residences on the Sunshine Coast is situated right now on the Property Clock.

So the Property Clock is a simple broad brush way to explain where the market is at any given moment in time. My clock’s at 6:00 with the hands facing south or at the bottom of the market, those at 12:00 are in the boom or the peak of the market. Any from 7:00 to 11:00 are in the upswing while those in the 1:00 to 5:00 are in the downswing. So when is the best time to buy? If you were looking at an area and knew where it sat on the Property Clock today, and I know that some of them may think this sounds a bit silly but the fact is we don’t get taught these things at school, or certainly didn’t when I was back in school. So I just want to be able to share this information with those of you who want and need it. And this may sound or might not sound obvious but I’ve seen people buy at all phases of the clock. It happens and it doesn’t mean that life is over. It’s a mistake, okay, we move on and we can fix it.

Let’s talk about the best time so we can minimize the chances of getting it wrong. So this is not rocket science and just like buying shares, so it doesn’t make sense to buy when the big hand is on the 12:00. It’s just at the top of the market. Let’s not buy here. This is actually when lots of people do buy property and shares and it’s a mistake. Clearly you’re at the top of the market there and about to be on the downswing. When the Property Clock is at 6:00 and before it reaches 12:00, perhaps the 10:00 area if you’re careful, is the best time to buy. The game of shares, this is when a lot of people that purchased at the top of the market actually panic and sell at the bottom at 6:00. And no surprise that is when they actually lose money. Now I understand that for a variety of reasons some people will have to sell and this is when they lose. But if you can hold through this phase you can just make it out the other end if you are careful. Clearly by understanding where an area is on the Property Clock, you can see that the best time to buy is at the bottom or just as the upswing starts.

So as we can see here is an illustration of the Property Clock in Peregian Springs right now. the Park Avenue residences is in Peregian Springs we can see where it is on the Property Clock, making this a good time to buy right now. If you’ve watched my previous webinars I have a lot of third party information to support this. If you’d like to have a chat about property investment overall and want to see what a property in Park Avenue might look like for you personally then book an appointment with me here, I’ll show you in a moment a link to a site that you can book a one-on-one with me, no obligation there and I’ll be able to have a talk to you about your personal goals in great detail, a property investment analysis for you about a real property. So go to customproperty.com.au/1-on-1 and I will be happy to have a chat with you. Thanks very much for listening.