Scott O'Neill

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.

So you're going to get a better cash on cash return.

Yeah, you just don't want to go too small.

When you go into regional cities, if you go into places where there's 10,000 or less people, you're going to find there's difficulties with lending.

And that will affect your cash on cash return because you won't get as high lending rates as well.

And that's important to be able to lend efficiently because you'll be able to get a better return on your investment long term as well, because you can pull more money out of the deal if you refinance it down the track.

So you need to sort