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Scott O'Neill

๐Ÿ‘ค Speaker
867 total appearances

Appearances Over Time

Podcast Appearances

Aussie Real Estate Podcast
Commercial Property Update

There's always a headwind of sorts that you need to consider as an investor.

Aussie Real Estate Podcast
Commercial Property Update

But waiting when everyone else waits is always a mistake.

Aussie Real Estate Podcast
Commercial Property Update

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.

Aussie Real Estate Podcast
Commercial Property Update

Also, these are positively geared properties.

Aussie Real Estate Podcast
Commercial Property Update

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.

Aussie Real Estate Podcast
Commercial Property Update

So like I said, do your window shopping if the right deal comes up.

Aussie Real Estate Podcast
Commercial Property Update

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.

Aussie Real Estate Podcast
Commercial Property Update

As you may know, we're an Australia-wide company, so we purchase in every state almost every week.

Aussie Real Estate Podcast
Commercial Property Update

And where we're targeting the most at the moment, our two major areas are WA and Queensland.

Aussie Real Estate Podcast
Commercial Property Update

In terms of volume, we're purchasing more there than

Aussie Real Estate Podcast
Commercial Property Update

the other states.

Aussie Real Estate Podcast
Commercial Property Update

The reason why we like those two states is the yields are good relative to other states.

Aussie Real Estate Podcast
Commercial Property Update

The prices, I think you're getting a better per square meter rate.

Aussie Real Estate Podcast
Commercial Property Update

We're seeing fast rent growth rates as well.

Aussie Real Estate Podcast
Commercial Property Update

So this is really good for your increasing yield over time.

Aussie Real Estate Podcast
Commercial Property Update

And vacancy rates are quite low.

Aussie Real Estate Podcast
Commercial Property Update

Particularly industrial, we're seeing in some sectors of Brisbane, we're seeing 10% to 12% rental growth rates per annum at the moment.

Aussie Real Estate Podcast
Commercial Property Update

It's insane the amount of growth we're seeing.

Aussie Real Estate Podcast
Commercial Property Update

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.

Aussie Real Estate Podcast
Commercial Property Update

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.