Scott O'Neill
๐ค SpeakerAppearances Over Time
Podcast Appearances
There's always a headwind of sorts that you need to consider as an investor.
But waiting when everyone else waits is always a mistake.
The good investors are investing at times like this when there's a few media articles telling you why it's not a good time to invest.
Also, these are positively geared properties.
So if you're going to be buying six months earlier, you're going to be collecting extra cash flow along the way as well.
So like I said, do your window shopping if the right deal comes up.
By now, if it doesn't, at least you've looked over a number of deals and then you're going to be well across the market by the time you're ready to invest.
As you may know, we're an Australia-wide company, so we purchase in every state almost every week.
And where we're targeting the most at the moment, our two major areas are WA and Queensland.
In terms of volume, we're purchasing more there than
the other states.
The reason why we like those two states is the yields are good relative to other states.
The prices, I think you're getting a better per square meter rate.
We're seeing fast rent growth rates as well.
So this is really good for your increasing yield over time.
And vacancy rates are quite low.
Particularly industrial, we're seeing in some sectors of Brisbane, we're seeing 10% to 12% rental growth rates per annum at the moment.
It's insane the amount of growth we're seeing.
which is another reason why you'd probably want to buy now because once the rents grow, you got to pay more for the property anyway.
In terms of regional areas, we like regional New South Wales, Victoria and Queensland find you as well because the yields are going to be better than the capital cities of respective states.