The Australian property market is becoming increasingly more suited for investors to make moves into, especially in metropolitan regions. However, one thing that has also occurred at the same time is the dropping off of first-home buyer numbers. This comes down to a number of factors, including rising prices, housing supply and finance issues.
Now, an increasingly popular move being seen across the nation is the shunning of traditional thinking about property. Instead, people are beginning to buy investment real estate ahead of their own home, helping them build a property and asset portfolio while also earning rent from their investments.
This episode unravels why choosing an investment property as your first purchase might just be the game-changing decision you need to make.
What you’ll learn:
- (0:14) Is Buying Your First Home Still Achievable? Think Investment Property First
- (0:52) Turning Traditional Home Buying on Its Head: Investing First
- (1:11) Disclaimer: General Financial Advice on Investment Properties
- (1:45) Australian Property Market: Shifting from First Home to Investment Property
- (2:16) Why Fewer First Home Buyers? Factors Impacting the Market
- (2:38) Building a Property Portfolio: Investment Property vs. First Home
- (3:07) Reason #1: Financial Freedom & Stability through Investment Properties
- (3:16) Steady Rental Income: Financial Security through Investment Properties
- (3:41) Finding High-Demand Rental Areas: Unlocking Positive Cash Flow
- (4:12) Reason #2: Market Flexibility and Targeting High-Growth Areas
- (4:34) Spotting High-Growth Suburbs: Invest Strategically Like Michael
- (5:02) Reason #3: Early Equity Building for Future Financial Freedom
- (5:38) Reason #4: Diversify Your Portfolio with Investment Properties
- (5:55) Stabilize Cash Flow: Diversifying in Residential & Commercial Properties
- (6:27) Reason #5: Skill Development in Property Management and Negotiation
- (6:49) Investment Skills Pay Off: Use Property Management Skills to Build Wealth
- (7:24) Caution: First Homeowner Grant Eligibility and Requirements in Victoria
Links and Resources:
#InvestmentProperty #FirstHomeVsInvestment #FinancialFreedom #PropertyMarketAustralia #BuildEquity