Scott O'Neill

speaker

1,140 appearances 15 recordings 2 series first heard Jan 2022 last heard 12 May

Scott O'Neill’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in May 2026 with 1.

Appearances

newest first · ▶ plays the moment

Aussie Real Estate Podcast · Commercial Property - Numbers · 20 Jul 2022 podcast

These numbers I'm quoting are after those costs.

Tasmania, so you've got Launceston and Hobart, you're probably working off yields anywhere from 5% to even up to 8% in those markets, so higher, and those sort of numbers are kind of replicated across the major regional markets across Australia, so places like

Townsville, Rockhampton, Toowoomba, you know, Burnigo, Ballarat, they're a little bit tighter on the yield.

But long story short, there's a yield out there if you want it, but there's tighter yields in the capital cities.

Yes, Craig, this is one of the most common questions I get asked.

And it's really around what is the minimum amount?

That's one of the common ones.

So starting with the minimum amount you need for a good commercial property is

I generally say around 200, maybe even 250 grand cash or equity.

And look, you can buy properties with a lot less, but remember you put a 30% debt deposit down on a property.

So once you factor in 30% deposit plus stamp duty and solicitor costs, building and pest costs, and just general purchasing costs, you're probably looking around a $600,000 purchase.

That is generally a capital city property.

You'll be able to get into the warehousing market, small shop front type stuff.

But I generally find warehouse purchases are the best bang for buck in that price point.

You are dealing with potentially a logistics or a storage related tenant, which is quite good in the post-COVID or current COVID world, whatever you want to call it.

In terms of if you're lucky enough to have a larger budget, you might decide, oh, what should I buy?

If you've got, hypothetically speaking, millions of dollars to spend, sometimes it's worth spreading it around a few different properties or purchasing one.

But I'll give you a real overall viewpoint of the market.

So generally purchasing under a million dollars for a commercial property, there's a lot of competition.

There's a lot of buyers in that price point.

Showing 281–300 of 1,140 · page 15 of 57