Residential Properties MUST become Owner - Occupier (+Gov Assist) ONLY. Resident must be registered Aus voter! There is no going backward for prices under the current scheme! Too many with investment Portfolios.
Best take this up with google maps who says it's "2 hr 5 min (168.2 km) via Old Coast Rd and State Route 2" but if you're driving from Yanchep you'd be bang on :) Have you checked out Bunbury as an investment location yet? looks like it's got a lot of promise
@@Gazm0 The kicker about Bunbury is FIFO Mine workers are moving there in droves. Mining companies are now flying workers in and out of Bunbury airport. Still a cheap place to buy a house on the coast
I noticed real estate investors always mention pre expenses yield NOT net yield which in reality would be more like 2%? hardly exciting! sorry not knocking Real Estate its just hard to get excited with such a low cash flow return!.... when i can get 30-50% cash flow by owning businesses.....I do look at Property from time to time as its a very simple business model.....but the yields just need to be way higher!
That’s a fair point, you’ll find Resi investors always talk in GRR and Comercial investors talk in NRR. And you’re 100% right about a business (when run properly) has much higher yields but it’s like comparing a property investment to running a hotel, the hotel will generate more cash but you’re not running it with the odd phone call to a manager each month. Sounds like you’re killing it in business bro keep smashing it 🙌🏼😊
@@pizzaandproperty1246 Hey cheers for that!.. I do agree on your points there!.. Will check in on your channel as i still like to keep my "ear to the ground" so to speak with Investment Real Estate Resi or Commercial! ...... : )
Um 5 percent after costs? Land tax? Landlord insurance? Property insurance? Oh and floods? Did we look at the flood risk? Oh and floods create sewerage contamination? 70 percent of Australians have experienced an extreme weather events.....no discussion around this. There needs to be more considered when buying in these areas.
@@pizzaandproperty1246 I avoid these areas because of the floods and I would like to add to your elements for due diligence. The phrase climate refugees in Australia is very real. The term 1 in 1 hundred year flood is out. Floods have occurred up to 3 or more times in a year. Major city suburbs in Sydney and Melb have had sewerage back up in to residential homes. This contaminates the property. Insurance is difficult if not impossible to get. Australians are looking for climates that are stable. You mentioned Adelaide out performing Melbourne's property market. (In a different interview not this one)I am confident that it will......for a reason most people are unaware of😊😊 This was in another interview however it is still relevant.....
Interested to hear your thoughts on Melbourne mate, I feel it really could be a sleeping giant, the question is how long 3-6 months... or years and years... sounds like you've got a very keen eye for risk mitigation 🙂
@@pizzaandproperty1246 well Melbourne might not beat Adelaide because I have heard, please do a fact check, that Adelaide has a visa arrangement with all countries that as long as they come and work in the state for 3 years they get residency.......So at the end of their 3 years these overseas buyers who don't use banks, instead they pool their money and will pay, in some known instances, 1 million over measured price points by local investors and developers. The Victorian market has lost builders, investors and 1st home buyers. In fact I am watching larger numbers of properties coming onto the market to sit and bank up. The more inexperienced property buyers have 5 months to the end of the year and they are in financial crisis, like seriously. It is critical to identify the diving factors for buyers when you find an area where they are highly active. Beware of all the amazing cheap properties in rural anywhere. Councils actually have published by street and property where the buildings have been impacted by flood and sewerage. Lastly forget traditional cycles......they have gone and can mislead buyers who do not stress test markets with broader elements that drive a micro property market. Climate, aging population and visas it would seem!! Melbourne is messy and is building a new city located around the Donnybrook area. Melbourne may keep spreading and has a large number of units that needs to be absorbed. I don't care how many houses have been built the quality of the builds are so poor people are left with non compliance issues into the hundreds of thousands if not millions. Dreadful. UA-cam Site Inspections is worth viewing. There must be drivers for people to buy......they are not necessarily behaving in our traditional property industry ways. Other cultures who have access to all cash money and their own builders and trades some have their own banks. What this means is they will side step and manage their property needs outside of our traditional property ways. Interesting times ahead. Big question where are the buyers and what is their motivation, drivers to purchase property?
A lot of projects happening at the moment. Solar farm, Hydrogen, High quality Alumina. Fitzroy water pipeline is underway which will secure water for Gladstone - great for existing industries which also have a lot of improvement projects currently being implemented. This town doesn’t rely on just one mining facility. Coal, aluminium, alumina, hydrogen, shale oil, LNG, and now solar farms. Let’s not forget Bunbury is a miniature Gladstone, which is a miniature New Castle 😉 Gladstone has one of the largest ports with deep channels for ships on the east coast. Oh btw rental vacancy rate is at 1% 😊
I wouldn’t say spruiker, Dawns highlighting areas people can still invest under $400k that have growth signs and strong yields. If you’ve got a list under $400k that’s metro would be awesome to chat about it and share they way Dawn has 🙌🏼
@@pizzaandproperty1246 Closer to Brisbane. I won't get the same yield. And 99% chances nothing below 450K. But if you have the deposit and finance, good chances you can get good deals. After 10+ years investing, I've realized that you have to look where not many people are paying much attention to. I also like that comment "don't buy anything that has grown more than 50% in the last three years", because it may imply a market is overbought. I think it is a very valid comment, and applies to every type of market.
There’s a load of economists out there that sell fear and have been for the last 30+ years, just be carful with that kind of advise bro, I’ve not interviewed one successful Invetsor that waited for the market, take action when it’s right for you mate 😊
@@leonie563 the total Australian housing stock is worth around $10 Trillion while the total value of loans on residential property is around $2 Trillion. Bigger picture wouldn’t you agree that’s a pretty safe LVR Australia has?
Great interview Dawn. Very honest and straightforward interview with no self promotion.
Yeah Dawns got such a genuine vibe! glad you enjoyed it mate :)
Those suburbs have already gone up significantly since this posting date. Well done.
Great podcast, straight to the point and very great points.
Thanks mate!
Residential Properties MUST become Owner - Occupier (+Gov Assist) ONLY. Resident must be registered Aus voter!
There is no going backward for prices under the current scheme! Too many with investment Portfolios.
incorect
Excellent informative conversation. No marketing fluff! Love it.
Thanks mate, love hearing when the shows hitting the right spot!
The main take away from this video is Dawn saying "Carey Park". Made this video worth watching twice :)
hahaha
“Kaer-dee Paaark”
What’s the one after Koongal in Rockhampton ??
Wulguru,
Currajong
Koongal
???
Carey Park
think you're looking for Gracemere QLD
May be we need similar breakdowns for each state and metro city too
It's in the works mate coming soon 🙂
Unless you know the seller or the agent it's tough trying to buy in Bunbury
Building relationships with agents gives you a big leg up! Do you know many in the area you're wanting to invest?
@@pizzaandproperty1246 at this stage, thier phones are off the hook and not many are returning calls.
bunbury is 225k's from Perth. most west aussies know its about 2 & 1/2 hour drive from perth, so saying 165k's doesnt fly
Best take this up with google maps who says it's "2 hr 5 min (168.2 km) via Old Coast Rd and State Route 2"
but if you're driving from Yanchep you'd be bang on :)
Have you checked out Bunbury as an investment location yet? looks like it's got a lot of promise
@@pizzaandproperty1246 no jobs there, unless its to be rented out as a airbnb / holiday home, there's better options around
@@Gazm0 The kicker about Bunbury is FIFO Mine workers are moving there in droves. Mining companies are now flying workers in and out of Bunbury airport. Still a cheap place to buy a house on the coast
@@pizzaandproperty1246 As long as you have LOTS of Life & Property Insurance!
Significant cyclone risk on Rockhampton and alot of qld, upper north areas. Need to factor that into your capital and risk profile
100% bro, making sure you've got the right insurance is critical
Very correct
Exactly. Do your due diligence. Stuff is "cheaper" for a reason and it reflects risk.
Spoken with so much certainty
I noticed real estate investors always mention pre expenses yield NOT net yield which in reality would be more like 2%? hardly exciting!
sorry not knocking Real Estate its just hard to get excited with such a low cash flow return!.... when i can get 30-50% cash flow by owning businesses.....I do look at Property from time to time as its a very simple business model.....but the yields just need to be way higher!
That’s a fair point, you’ll find Resi investors always talk in GRR and Comercial investors talk in NRR. And you’re 100% right about a business (when run properly) has much higher yields but it’s like comparing a property investment to running a hotel, the hotel will generate more cash but you’re not running it with the odd phone call to a manager each month. Sounds like you’re killing it in business bro keep smashing it 🙌🏼😊
@@pizzaandproperty1246 Hey cheers for that!.. I do agree on your points there!.. Will check in on your channel as i still like to keep my "ear to the ground" so to speak with Investment Real Estate Resi or Commercial! ...... : )
You’re welcome mate! Happy investing 😊
It’s not always just about the yield, buy in the right market and can leverage a great return from growth
Completely agree it’s not just about yield, yield needs to be paired with growth, market or manufactured growth to truly scale a portfolio
Um 5 percent after costs? Land tax? Landlord insurance? Property insurance? Oh and floods? Did we look at the flood risk? Oh and floods create sewerage contamination? 70 percent of Australians have experienced an extreme weather events.....no discussion around this. There needs to be more considered when buying in these areas.
Some great points to consider, you’ve been investing in these locations?
@@pizzaandproperty1246 I avoid these areas because of the floods and I would like to add to your elements for due diligence. The phrase climate refugees in Australia is very real. The term 1 in 1 hundred year flood is out. Floods have occurred up to 3 or more times in a year. Major city suburbs in Sydney and Melb have had sewerage back up in to residential homes. This contaminates the property. Insurance is difficult if not impossible to get. Australians are looking for climates that are stable. You mentioned Adelaide out performing Melbourne's property market. (In a different interview not this one)I am confident that it will......for a reason most people are unaware of😊😊 This was in another interview however it is still relevant.....
Interested to hear your thoughts on Melbourne mate, I feel it really could be a sleeping giant, the question is how long 3-6 months... or years and years... sounds like you've got a very keen eye for risk mitigation 🙂
@@pizzaandproperty1246 well Melbourne might not beat Adelaide because I have heard, please do a fact check, that Adelaide has a visa arrangement with all countries that as long as they come and work in the state for 3 years they get residency.......So at the end of their 3 years these overseas buyers who don't use banks, instead they pool their money and will pay, in some known instances, 1 million over measured price points by local investors and developers.
The Victorian market has lost builders, investors and 1st home buyers. In fact I am watching larger numbers of properties coming onto the market to sit and bank up. The more inexperienced property buyers have 5 months to the end of the year and they are in financial crisis, like seriously.
It is critical to identify the diving factors for buyers when you find an area where they are highly active. Beware of all the amazing cheap properties in rural anywhere. Councils actually have published by street and property where the buildings have been impacted by flood and sewerage. Lastly forget traditional cycles......they have gone and can mislead buyers who do not stress test markets with broader elements that drive a micro property market. Climate, aging population and visas it would seem!!
Melbourne is messy and is building a new city located around the Donnybrook area. Melbourne may keep spreading and has a large number of units that needs to be absorbed. I don't care how many houses have been built the quality of the builds are so poor people are left with non compliance issues into the hundreds of thousands if not millions. Dreadful. UA-cam Site Inspections is worth viewing. There must be drivers for people to buy......they are not necessarily behaving in our traditional property industry ways. Other cultures who have access to all cash money and their own builders and trades some have their own banks. What this means is they will side step and manage their property needs outside of our traditional property ways. Interesting times ahead. Big question where are the buyers and what is their motivation, drivers to purchase property?
carey park's vacancy rate is NOT 0.1% and it has grown over 50% in last 36 months. Where are these numbers even coming from ?
50% vacancy rate in Australia right now in 2024?
@@pizzaandproperty1246 please read again what I wrote, 2 separate parameters about Carey park
Right, sounds like you were saying the VR had grown by 50%
Is it spelt Woogaroo?
as far as I can see it is, but thanks for the heads up if you've found a typo mate :)
Wulguru
No love for Gladstone hey 🤷🏻♂️. This place is about to go boom….. again💥
haha gotta cut things somewhere, what makes you think it's about to boom?
A lot of projects happening at the moment. Solar farm, Hydrogen, High quality Alumina. Fitzroy water pipeline is underway which will secure water for Gladstone - great for existing industries which also have a lot of improvement projects currently being implemented. This town doesn’t rely on just one mining facility. Coal, aluminium, alumina, hydrogen, shale oil, LNG, and now solar farms. Let’s not forget Bunbury is a miniature Gladstone, which is a miniature New Castle 😉 Gladstone has one of the largest ports with deep channels for ships on the east coast.
Oh btw rental vacancy rate is at 1% 😊
Sounds like you’ve done your research! One to watch 👍🏼
Pretty much a regional property spruiker...
I wouldn’t say spruiker, Dawns highlighting areas people can still invest under $400k that have growth signs and strong yields. If you’ve got a list under $400k that’s metro would be awesome to chat about it and share they way Dawn has 🙌🏼
Wulguru nothing less than 450k
depends who you're talking to
I think everybody and their grandmother (and dog) are buying either in Townsville or Perth.
Time to look elsewhere ? 🤣
It really is a hotspot ATM, where else would you be looking?
@@pizzaandproperty1246
Closer to Brisbane.
I won't get the same yield. And 99% chances nothing below 450K. But if you have the deposit and finance, good chances you can get good deals.
After 10+ years investing, I've realized that you have to look where not many people are paying much attention to.
I also like that comment "don't buy anything that has grown more than 50% in the last three years", because it may imply a market is overbought.
I think it is a very valid comment, and applies to every type of market.
Lots of haters in these comments, some very bitter folk out there.
True, you get to see a good mix of haters and doers in the content section. Hope you’re smashing your investing goals mate!
The bubble will burst. That's when ill be buying.
There’s a load of economists out there that sell fear and have been for the last 30+ years, just be carful with that kind of advise bro, I’ve not interviewed one successful Invetsor that waited for the market, take action when it’s right for you mate 😊
When Banks are being stress tested now and war is looming?
@@leonie563 the total Australian housing stock is worth around $10 Trillion while the total value of loans on residential property is around $2 Trillion. Bigger picture wouldn’t you agree that’s a pretty safe LVR Australia has?
@@pizzaandproperty1246 where do you get those numbers from ? honest question, want to do my research
Check out the latest monthly housing report from Corlogic, I’ve linked it below bro
storage.pardot.com/994732/1707448898v6D5YUor/202402_chart_pack.pdf
A nurse, 20% yield...shameful.
Because she was a nurse? also whos getting a 20% yield?