Welcome to Invest Like a Pro, our mini-series filled with actionable tips and advice to help you succeed in the Property Market. In today’s episode, we’re diving into one of the most crucial elements of property investing—selecting the right location.
Choosing the right location can be the game-changer for your property investments. Whether you're aiming for capital growth, rental yields, or both, the location you choose will make all the difference in achieving your investment goals.
In this episode, we’ll explore:
The key factors to look for when selecting a location.
How to assess a suburb’s growth potential.
How to leverage data and trends to find the best investment opportunities.
By the end of this episode, you’ll have gained some more knowledge on tools to confidently select locations that align with your investment strategy.
Tune in, and let’s start investing like a pro!
Welcome to Invest Like a Pro, our new mini series for actionable tips and advice to help you succeed in the Property Market. In today’s episode, we’ll break down the factors that influence property markets, from macroeconomic factors like interest rates and inflation to more localised elements like supply and demand, infrastructure projects, and population growth.
We’ll also talk about market cycles and how they impact property investment, along with how to identify opportunities and avoid common pitfalls.
By the end of this episode, you’ll have a clearer understanding of how the property market works and how you can leverage this knowledge to stay ahead of the curve.
Tune in, and let’s start investing like a pro!
Welcome to Invest Like a Pro, our new mini series for actionable tips and advice to help you succeed in the Property Market. In today’s episode, we’re diving into one of the most crucial elements of property investing—defining your mindset and strategy. Whether you're a seasoned investor or just starting, having a clear, focused approach is key to achieving long-term success.
First, we'll talk about the importance of setting clear investment goals, whether you're aiming for capital growth, consistent rental income, or diversifying your portfolio.
Next, we’ll explore risk assessment, understanding your personal risk tolerance and how to align it with your investment strategy. And finally, we'll discuss the investor mindset, why patience, resilience, and continuous learning are the traits of successful investors.
By the end of this episode, you’ll have the tools you need to define your strategy, set achievable goals, and approach property investment with confidence. Let’s get started
Tune in, and let’s start investing like a pro!
For this episode, I'm joined by Devan King. Devan is the founder of Ikigai Wealth. A full service financial advisory firm with a life centric approach that helps people make smart financial decisions.We are going to chat about the Property Investment Toolkit and dive into key strategies investors need to consider to ensure long term success. We'll also discuss how property can be used to hit your wealth creation goals.Some of the things we will talk about include:
The key takeaways for this episode are:a. Have a robust financial plan and look at diversifying into different asset classesb. With property, you need to go through a methodical process "the toolkit" to give yourself the best chance of successc. A financial adviser will help you understand your risk profile and build a plan that considers your goals and life stage/circumstances.
Melbourne has been constrained by several factors that are transitory in nature, but the long-term fundamentals of Melbourne and Geelong remain strong, with a robust economy, strong population growth tipped to overtake that of Sydney and a large infrastructure pipeline, making it one of the most liveable cities in the world. Of course we need to tread carefully, with LGA and suburb selection being crucial.
Joining me for Episode 5 is our Victorian buyers agent, Damian Fletcher. Damian calls Geelong home and has lived in the region his entire life. Damian provides our clients with local intel, expertise and on the ground analysis when acquiring high performing strategic investment properties for our clients.Key topics we discuss:
Victorian performance since COVID:
Melbourne
Geelong
Philosophy around buying into markets when they have not performed well but fundamentals support growth.
Are we at the bottom of the cycle?
Fundamentals underpinning the market
Forecast population growth
Transport infrastructure
Likelihood of interest rate cuts, will lead to positive consumer sentiment
Robust jobs market
Green shoots in the data?
How has legislation impacted buyers?
Land tax
Rental laws
Holiday lets
Recent BFP case study (Reservoir)
8. Opportunities in the market (locations)
For more information about how Ben and his team can help you, visit bfpproperty.com
Joining me on this episode is Mike Mortlock from MCG Quantity Surveyors, a national quantity surveying firm who specialise in tax depreciation reports.
Mike and his team also undertake a lot of market research so I’m excited to dive into some of their latest analysis.
Key topics we discuss:
What is tax depreciation and why is it important to the investor?
Data on missed or unclaimed deductions?
Key data on investor behaviour, such as;
House vs unit
New vs established
Average purchase price
Locations
How far people live from where they invest
Recap on the last 12 months in property investment.
2025 opportunities for property investors.
For more information on depreciation, connect with Mike and his team at Home - MCG Quantity Surveyors
This episode discusses one of the hottest topics in property investment. Should I invest in a capital city or consider a regional city. We chat about the pros and cons of both and dive into some of the fundamentals we look for when considering a regional city for investment.
Our guest on this episode is Lisa Wood, a buyers agent at BFP Property Group, ex regional sales agent and someone who has lived and raised a family in the regions. Listeners will learn some of the key differences between capital and regional cities and some of the key fundamentals to look for when considering a regional investment property.
This episode highlights the importance of working with a team of professionals such as buyers agents, mortgage brokers, conveyancers, and accountants in property investment and how this benefits clients.
Our guest on this episode Jeremy Iannuzzelli is one of Australia's property accountants and a successful investor himself. He shares some valuable insights and takeaways, not to be missed!
This episode takes you behind the scenes of a typical investment purchase, from the moment you decide to invest, all the way through to settlement.
We touch on:
- Why having a strategy is important
- Financing
- Suburb selection, research
- Negotiation
- Due Diligence
- Legals
- Property management
- Settlement