Real Estate Hotspots in Australia To Look Out For In 2024! | The Landlord Society EP32

Summary

In this episode of the Landlord Society podcast, hosts Charlie and HDK discuss promising property investment locations in Australia, focusing on short and long-term growth potential. They highlight Perth, Adelaide, Brisbane, and South Australia as top picks, citing strong demand and supply metrics. Specific suburbs like Mandura, Rockingham, and Playford are recommended for their affordability, rental yields, and future growth. The podcast also touches on land-locking opportunities and the impact of infrastructure development on property value, offering valuable insights for investors seeking to replace their income through strategic property investments.

Takeaways

• 🏘️ The podcast discusses hot property locations for investment in the Australian market, focusing on short-term and long-term growth opportunities.
• 📈 CB Richard Ellis's report 'Insight 2024' is highlighted as a valuable resource for identifying areas with strong to very strong demand for property.
• 📊 Key supply and demand metrics are crucial for evaluating potential growth in property markets, with Perth, Adelaide, and Brisbane noted as target areas.
• 🏆 Perth is identified as a top area for growth, with Mandura, Rockingham, and the pocket between Canning Vale and Armadale mentioned as particularly promising suburbs.
• 🌊 Mandura's appeal is attributed to its proximity to water, reasonable distance from the CBD, and high rental yields, making it attractive for investment.
• 🔑 South Australia, particularly the Playford region, is highlighted for its strong growth and affordability, with Elizabeth, Blakeview, and Hillbank as areas of interest.
• 🏖️ Queensland is noted for its potential around the upcoming Olympics, with areas between Brisbane and the Gold Coast being particularly attractive for landlocked opportunities.
• 🏙️ Victoria's Cranbourne is identified as a suburb with correcting median house prices and a high demand multiple, making it a potential area for investment.
• 🔒 The concept of 'landlocking' is introduced, where areas cannot expand due to geographical constraints, leading to increased demand and property value.
• 💡 The podcast emphasizes the importance of not investing blindly and considering the type of property that matches the area for the best investment outcomes.
• 👥 The hosts encourage joining their community on Instagram and Discord for more exclusive information and to learn about property investing strategies.

Q & A

What is the main topic of the 'Landlord Society' podcast episode?

The main topic of the episode is discussing boom locations and hot property locations in the Australian property market that are expected to provide the best opportunities for property investors.

Who are the hosts of the 'Landlord Society' podcast?

The hosts of the 'Landlord Society' podcast are Charlie and HDK.

What is the purpose of the 'Landlord Academy' mentioned in the podcast?

The 'Landlord Academy' aims to help people replace their income through property investments in the Australian property market.

What does the acronym 'CBR' refer to in the context of the podcast?

In the podcast, 'CBR' refers to CB Richard Ellis, a major and valuable company in Australia that specializes in property valuation.

What type of properties are the hosts planning to purchase in the near future?

The hosts are planning to purchase properties in specific locations they believe will show strong growth in both the short and long term, but they do not specify the exact types of properties due to time constraints.

What are some of the key metrics the hosts consider when looking at potential property investments?

The hosts consider key supply and demand metrics, as well as the potential for short-term and long-term growth when evaluating potential property investments.

What is the significance of the report by CB Richard Ellis mentioned in the podcast?

The report by CB Richard Ellis is significant because it provides insights and predictions for the Australian property market based on the year 2024, which the hosts use to inform their discussions about future growth areas.

Which Australian cities are identified as having strong to very strong demand over the last three months according to the podcast?

The cities identified with strong to very strong demand are Perth, Adelaide, Brisbane Metro, Brisbane out of Metro, Gold Coast, and Sunshine Coast.

What is the current ranking of buyer types in the Australian property market according to the podcast?

The current ranking of buyer types, from most to least active, is first home buyers, upgraders, local investors, downsizers, interstate investors, interstate migrants, overseas migrants, and developers.

What is the concept of 'land locking' as discussed in the podcast?

Land locking is a concept where an area cannot create any more supply of land due to natural or man-made barriers, such as a beach or coastline, which can lead to increased demand and encapsulated supply in that area.

What advice do the hosts give regarding the selection of properties in the discussed areas?

The hosts advise that the type of property should be matched with the area being invested in, and they suggest that there are opportunities for rental growth and positive cash flow in the discussed areas.

What is the hosts' view on the potential growth of the Perth property market?

The hosts believe that Perth has a lot of room for growth left and is currently very strong, with specific suburbs like Mandura, Rockingham, and the pocket between Canning Vale and Armadale being particularly attractive.

What are some of the strategies the hosts suggest for property investors?

The hosts suggest strategies such as setting up a dream team in every state, considering land-locked opportunities, and being creative with partnerships or joint ventures to optimize land tax liabilities and investment returns.