Episode #78 Where to invest for around $500k?

Podcast #78: Where to invest for around $500k?

Featuring Greg Willmott and Jarrod McArdle – Buyers Advocates & Property Investment specialists

 

Welcome to another edition of the Propertybuyer Podcast

We’ve got some great insights for investors today looking for top value suburbs with a limited budget.

One of the biggest issues facing property investors today is identifying locations where they can get strong capital growth and high rental yields for around $500,000.

I get asked several times a day “Rich where is a good place to invest but I've only got $500K?”

 

Well by the end of today's podcast you'll have many answers to that question. But I also get asked….. can you find a decent property that will perform and deliver both capital growth and positive cashflow.

The beautiful thing about property investing is that if you know where to look and how to look, good things can come to those that ask. But it takes skill,  time and effort to uncover the right locations and ideal properties that make the investment grade.

 

You can’t just point you finger and click a button on realestate.com and hope for the best.

You need a clear strategy and this needs to be backed up by research.

 

To help lift the lid on where and what to buy for around $500k we are fortunate to have two specialist buyers’ agent in my team Greg Willmott and Jarred McArdle to share their knowledge and experience.

 

Questions will cover in this episode:

1. How did you get into property investing yourself and why do you like it?
2. What is your read on the state of the property market? Is now a good time to invest?
3. What are the key factors to consider when choosing a location for an investment property?
4. What are the pros and cons of investing in regional areas versus metropolitan areas?
5. How do you identify undervalued properties with high growth potential?
6. How can investors finance an investment property on a lower budget?
7. What are the typical returns/ yields on investment for properties in this price range?
8. What are the biggest risks associated with affordable investment properties and how can investors mitigate them?
9. What are the best locations in Australia to invest in for properties under $500k?
   1. Discuss:

• • Townsville
  • Mackay
  • Rockhampton
  • Bundaberg
  • Gladstone
  • Adelaide North
  • Geraldton WA
  • Bunbury WA
  • Mandurah WA
  • Geelong Vic
  • Ballarat
  • Latrobe city

10. What locations should investors avoid? The no go zones….
11. How can investors buy property in these regional locations when they are unfamiliar with the area?
12. What is your due diligence process?
13. How do I evaluate the potential for capital growth in an affordable investment property?
14. How can I effectively manage an investment property when it is located interstate? What are the vacancy rates and can you get reliable tenants?
15. What role does infrastructure development play in choosing an investment location?
16. Should I buy a new property or an existing property?
17. How can I use data and analytics to make informed investment decisions?
18. What advice would you give to first-time property investors looking at properties under $500k?
19. What’s your best property tip you can share with our audience today?