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.

Outlines

00:00

🏘️ Landlord Society Podcast Introduction

The transcript begins with an introduction to the Landlord Society podcast hosted by Charlie and HDK. They discuss their aim to help individuals replace their income through the Australian property market via the Landlord Academy. The hosts preview an exclusive discussion on promising property investment locations with potential for short-term and long-term growth, emphasizing the importance of supply and demand metrics. They mention a report by CB Richard Ellis (CBR) providing insights into future property trends and stress that the podcast is for educational purposes and not financial advice. The hosts invite listeners to follow them on Instagram and Discord for more exclusive information.

05:01

📈 Boom Locations and Property Investment Insights

In this paragraph, the hosts delve into specific Australian cities and suburbs that are experiencing significant growth and are considered hot spots for property investment. Perth, Adelaide, and Brisbane are highlighted as target areas with Mandura, Rockingham, and the pocket between Canning Vale and Armadale in WA being particularly attractive. The hosts discuss the importance of property selection and the current high demand in these areas, with a 40:1 demand ratio in Mandura, indicating a robust market. They also touch on the potential for rental yields and the desirability of water proximity and land offerings in these suburbs.

10:04

🌆 Opportunities in South Australia and Queensland

The podcast continues with an exploration of investment opportunities in South Australia, focusing on the Playford region, including suburbs like Elizabeth, Blakeview, Hillbank, and Davon Park. The hosts note the strong growth and off-market transactions in these areas, with a significant interstate demand. They also discuss the potential for catch-up growth in cheaper suburbs due to price differences with neighboring areas. Turning to Queensland, the hosts highlight the state's excitement ahead of the Olympics and the potential for landlocked opportunities between Brisbane and the Gold Coast, where limited land supply could drive demand and growth.

15:05

🏖️ Landlocking and Strategic Property Selection

The hosts explain the concept of landlocking, where geographical features prevent the expansion of housing supply, leading to increased demand in certain areas. They use Adelaide as an example, noting how the beach and hills create landlocked suburbs with high demand. The discussion then moves to Victoria, where the hosts identify Cranbourne as an area of interest due to its supply and demand dynamics, median house price corrections, and potential for being neutrally geared. They also mention the importance of setting up a dream team in every state for diversified property investment.

20:07

📊 Market Analysis and Investment Strategies

In the final paragraph, the hosts wrap up the podcast by summarizing the key points discussed and the importance of market analysis in property investment. They mention the high demand multiples in areas like Cranbourne, with up to 300 buyers per house, indicating a very hot market. The hosts also touch on rental market growth, potential immigration, and the increasing population in certain suburbs. They conclude by inviting listeners to join their Discord channel through their Instagram for further data points and investment insights, emphasizing their role in helping people establish property investment strategies.

Keywords

💡Landlord Society

The Landlord Society appears to be the name of the podcast and potentially a community or organization that the hosts, Charlie and HDK, are associated with. It is focused on helping individuals replace their income through property investment, particularly in the Australian market. The term is used throughout the script to refer to the podcast and its hosts' expertise.

💡Property Investment

Property investment is the act of buying real estate with the intention of earning income, capital appreciation, or both. In the script, it is the central theme around which the podcast revolves, with the hosts discussing strategies and locations for potential investment opportunities in the Australian property market.

💡Boom Locations

Boom locations refer to areas experiencing rapid growth or development, often making them attractive for investors looking for high returns. The script discusses several regions in Australia that the hosts believe are poised for significant growth in the near future, making them 'hot' property investment opportunities.

💡Supply and Demand Metrics

Supply and demand metrics are economic indicators that measure the availability of properties (supply) and the number of potential buyers (demand) in a given market. The hosts mention these metrics as a key consideration when evaluating the potential for growth in different property markets.

💡CB Richard Ellis (CBR)

CB Richard Ellis, referred to as CBR in the script, is a major real estate services company that provides valuation and other services related to property. The hosts reference a report by CBR to support their analysis of future growth areas in the Australian property market.

💡Gentrification

Gentrification is a process of urban change where a lower-income neighborhood transitions to a more affluent one, often due to increased property values and investment. The script mentions gentrification as a factor that could drive up property values in certain suburbs, making them attractive for investors.

💡Landlocked

In the context of the script, 'landlocked' refers to areas where there is a natural barrier, such as a beach or hills, preventing further expansion of housing supply. This creates a situation where demand for housing remains high but supply cannot increase, potentially leading to higher property values.

💡Upgraders

Upgraders in the real estate context are individuals who are looking to sell their current property and purchase a larger or more expensive one. The script mentions upgraders as one of the most active buyer groups in the market, which can influence property demand and prices.

💡Rental Yields

Rental yields represent the annual income generated by a rental property as a percentage of its total value. The hosts discuss rental yields as an important factor for investors looking to be 'neutrally or positively geared,' meaning they want rental income to cover or exceed their property expenses.

💡Interstate Demand

Interstate demand refers to the interest and purchasing activity from buyers who are not residents of the state where the property is located. The script mentions interstate demand as a significant factor contributing to the popularity and growth potential of certain suburbs.

💡Infrastructure Investment

Infrastructure investment involves spending on public facilities and systems, such as transportation and utilities, which can enhance the attractiveness of an area for living and business. The script suggests that government investments in infrastructure are positively impacting certain regions, making them more appealing for property investment.

Highlights

The Landlord Society podcast discusses strategies for property investment in the Australian market.

Presenters Charlie and HDK share exclusive information on promising property locations for the next 6 to 36 months.

Key supply and demand metrics are emphasized for short-term and long-term growth potential.

CB Richard Ellis's report on property valuation insights for 2024 is referenced for its significance.

A non-financial advice disclaimer is provided, encouraging listeners to consider the locations discussed critically.

Perth, Adelaide, and Brisbane are identified as target areas for property investment based on growth outlook.

Mandura, Rockingham, and the pocket between Canning Vale and Armadale are highlighted as hot spots in Perth.

High rental yields and affordability in Mandura make it an attractive investment opportunity.

The demand ratio in Mandura is extremely high, indicating strong buyer interest.

Playford region in South Australia, including suburbs like Elizabeth, Blakeview, and Hillbank, is noted for its potential.

Infrastructure investments and gentrification in South Australia are seen as catalysts for property growth.

Queensland's potential is linked to the upcoming Olympics, suggesting a boost in economic activity.

Suburbs connecting Brisbane and the Gold Coast are recommended for their landlocked status and growth potential.

Cranbourne in Victoria is identified as an area with correcting median house prices and high demand.

Landlocking is introduced as a concept where demand remains high due to limited land supply.

The podcast concludes with an invitation to join their Discord channel for further data points and community engagement.

Transcripts

[Music]

what's going on guys welcome back to

another episode of the landlord Society

podcast I'm Charlie you're here with hdk

and we help people replace their income

through the landlord Academy through the

Australian property market now today

we're going to be talking about some of

the boom locations some of the hot

property locations that we feel are

going to provide the best opportunity

for property investors moving forward

Hond you got some pretty interesting

findings for us can't wait to share this

with you guys this is pretty exciting

because you know this is pretty

exclusive information some of these

locations I feel are going to do

extremely well in the near future you

know the next 6 months the next 3 years

we like to look for short-term growth

and long-term growth looking like moving

forward okay those key supply and demand

metrics is something that we've taken

into consideration that's right so

Hall Spill The Source spilling thece

let's have a look let's talk about these

this is some hot sauce it is very spicy

sauce we like spicy hot sauce red hot

all right boys and girls we are in for a

rise strap yourselves in if you haven't

done so make sure you drop us a follow

hit that subscribe and uh yeah join us

on Instagram and on our Discord we've

been sharing this information with our

community which has been really really

exciting so um and the way you would do

that is by through the Instagram yeah

they know what to do I think so they

know the drill Dr I think that's a good

start yeah cool today we start off we're

going to be looking at three different

states to start off our discussion today

uh we may squeeze you in the fourth

bonus U but stay tune for that one uh

but look we we've actually got our hands

on a report done by uh by CBR CBR is one

of the biggest valueable companies in

Australia if anyone's looked at property

from a valuation perspective it's um it

would be this company CB Richard Ellis

that's right so um they've done a report

on uh based on one Insight 2024 and

they're looking at what that would

entail for the future as well so we're

going to have a very very much of a

helicopter View and then we're going to

look at some we're going to actually pry

and drill into some of the real suburbs

as well um just just sort of just sort

of eyeing off what what could be the

good growth out there also just want to

cave this is a non-financial advice

podcast this is an educational podcast

okay consider these locations don't go

in blindly this is these are locations

that ourselves as property investors are

looking to purchase in in the near

future as well bear that in mind

absolutely and also what we won't go

through is the exact types of properties

that need to be purchased in these areas

because of time constraints however it

is also very important that you actually

match the type of property with the area

that you're going for but we are looking

at these areas as very strong growth

amongst many available in Australia of

course um so let's let's actually take

this on with a pinch of salt but uh but

we are actually showing a lot of value

so stay tuned toward the end of the

video of course so according to CB

richardy some of the some of the areas

of growth okay um strong to very strong

demand over the last 3 months past okay

perth's coming at number one okay y very

very not surprised by that yeah very

very strong Adelaide is at number two

Brisbane Metro at number three Brisbane

out of Metro at number four Gold Coast

and sunny Coast at number five Tasmania

Sydney Metro Sydney out of Metro

Melbourne Metro and Melbourne out of

Metro and act okay we've got right now

the most active buyers in the market

okay over the last 3 months is the first

home buyers and then it's the upgraders

and then it's the local investors and

then it's the downsizers and then it's

the interstate investors and then

interstate migrants and then overseas

migrants and then lastly developers so

developers been pretty quiet over the

last three months which is interesting

okay so in terms of the increase in

demand okay increase in demand where

we're going to see most of that increase

in demand over the um um sort of the uh

you know over the next sort of 12 months

or so is that is number one sitting at

Perth okay so with there there is a good

chunk of valuers out there that about

30% of them they think that the

valuation will increase by more than 10%

in Perth okay increase by between 5 and

10% about about 60 respondents are

saying that that what the situation is

going to be in Perth second is Sydney

Metro okay so there's about 10% of

respondents that are Rec that that think

that it's going to increase by more than

10% % mind you valuers are typically out

of the entire industry are the most sort

of you know if you sort of Stack it up

against real estate agents and you know

bankers and you know um and and the

likes and con lawyers whatever and

accountants you know values are probably

the most conservative when it comes to

their Outlook so they think that Sydney

Metro is going to be second aday is

going to be third um where 40% of

respondents have said that it's going to

increase by value between 5 and 10%

Brisbane Metro Gold Coast and sunny

Coast Sydney Melbourne Melbourne Metro

Tasmania and Brisbane outro and act in

its order so we're looking at really

Perth Adelaide and Brisbane as our

target areas for today okay we're going

to discuss that based on their sort of

Outlook okay and obviously it drills

down into sort of uh you know what

different types of properties will do

but today's focus is obviously on

location so let's start with wa let's do

starts with wa Perth is all the rage

Perth is all the rage at the moment so

bit of bit of caveat with Perth is that

there has been a lot of growth that I

think there is a lot of room left in it

yeah it will just come down to your

property selection but some of the

hottest areas that we like is mandura

mandra mandra mandra I like to call it

mandura because I think mandura I like

mandura very much okay I like Rockingham

Rockingham y rocking very much I like

the pocket between canning Vil and

armadel yes that is y and for those of

you who are sitting sitting there

thinking oh these are disgusting suburbs

whatever guys good let them think that

give just whatever

guys we're here to make money okay we're

here to do the right decision and like

you know if anyone's bought in almadel

in the last 12 months right none of them

they're going to laugh at you median

yeah median is like growth I think it's

been like 30% 30% so look and that's

where the growth is where the weakness

is there the growth so these are the

areas that we're looking at right now if

we look at for example uh mandura okay

we just talk about mandura for now

mandura is it's a nice area it's

actually a really Nicea Mand is not too

bad yeah there's an interesting rep a

there you know like it's never been

known to be a high socioeconomic area

however there are Pockets within mandra

that are you know that appeal to

retirees you know wealthy people as well

you know so it's actually quite nice it

is a nice area and and um Charlie you

grew up in uh wa I did yes from yeah so

you You' know that area pretty well um

and and the thing about mandura is that

it's got um it's got water yeah yeah it

has being near water yeah people like

being near water and and it's actually

not that far from the CBD it's about an

hour about an hour yeah and it's

actually it's actually not so bad at all

and if we look at some of the returns

there and on you know the the rental

yields are actually quite high so for

those of you who want to be neutrally or

positively geared there's a good

opportunity for you to do that there um

and what we look at is that you know yes

it has had a very strong growth over the

last 12 months but what gives me more

confidence into the future is its

current demand so the demand ratio that

we've calculated is sitting on about 40

to1 so there's 40 buyers to one house at

the moment okay strong yeah and look and

the medium prices are very very much

affordable and a lot of the offerings

that you're going to get is going to

come lck locked in with quite a lot of

land offering as well which is really

really awesome and also uh and and what

we do is we can actually compare the the

types of properties that they're gone

for so between three bedroom and five

four bedroom homes is that four bedrooms

there is a lower but there's also lower

supply of them as well okay which is

really interesting and and there is but

there is a good about 60 40 split across

three three to four bedroom properties

as well so which means that there's a

growing demand for these four-bedroom

homes which means there's growing demand

for owner occupies in the area as well

unoccupied demand which is which is what

you want to see and that there's a

growing element sustainability and

growth yeah exactly right and so uh the

stock is reducing as well in the area so

there's less and less stock but there's

more and more buyers that seem to be

coming into the area that demand isn't

going to dry up just like that we've

discussed it in the previous episode as

well but um we you know when it comes to

demand for housing that's not something

that dissipates out of one news article

it's it's something that's built up over

you know years of conditioning ideas and

you know affordability and around

household not just a single person's

opinion so uh based on that the demand

that we're seeing especially that

multiple is actually quite High um a

really good value ad opportunity in some

of these properties as well it's seeing

that there is current demand um as you

know as well as the type of stock that

you're getting through the property so

these are some exciting numbers

obviously rental growth is uh also quite

poignant when it comes to considering uh

you know property demand as well but

when rental um yeah rental currently

there's about uh currently there's about

um 10 renters to a house at the moment

10 10 potential tenants to our house at

the moment there there's there's that's

quite a lot yeah those are active active

rentals at the moment so um that's a

really really exciting area within Perth

and I think it being a Beach town and

once that gentrification comes through

it's going to be very very hot to be

owning a property whoa whoo hold up

landlord Society are used to get tired

of the rap race and you want to start

Building Wealth property and generate

passive income then come and drop us a

follow on Instagram and DM us the word

landlord the word what Charlie the word

landlord like the landlord Society okay

wait Charles what's our Instagram handle

again at landord lord. Society you heard

him everybody DM us the word landlord to

our Instagram to learn more about

property investing now back to the

podcast yeah in Madura okay um what I

might do is we might switch over to a

different um different sort of um we're

seeing sort of similar numbers in in the

other suburbs that we did mention so do

keep an eye on those suburbs too but we

might actually swing over to sa now all

right let's do South Australia South

Australia so very exciting in South

Australia some of the opportunities I'd

say would lie within that locations in

South Australia yeah so I think South

Australia we're still looking at around

about that Playford region okay yeah

Playford region that encompasses areas

like you know Elizabeth Blake View and

you know hillbank um potentially even

including Davon Park as well but having

said that yes again one of those very

weaker suburbs here uh but the offering

there is quite strong the growth has

been very very strong as well um and

properties turn up there very very

quickly with lots of off-market

transactions happening as I can observe

here so um it's in the suburbs that I

did mention already we are seeing ranges

of um um you know medium price ranging

you know up to $200,000 so it's

something as low as that sort of that

you know mid 400s or something as high

as like you know mid 600s that we see

and the good thing about this is that

when Pro when suburbs are so close to

each other that have massive price

differences well then the cheaper Subs

are going to start playing catch-ups to

that as well yes y so those are of the

opportunities that we're seeing it's

like a dragging effect exactly right and

look there is a there is a stark under

Supply in in this area that's why a lot

of properties get handed over off market

and those that data points don't often

get logged in to some of the softwares

that we have access to however um by

having said that there's about 100

multiple okay 100 multiple so there's

about 100 buyers to a particular house

at the moment in uh in in Elizabeth at

the moment and I and I suspect it's

probably because of a lot of Interstate

demand yep y so for those of you who are

sort of looking at these sub and going

that's a disgusting Subway well you

haven't seen the money they made so

that's why that's why um just that is

crazy supp uh supply and demand yeah

exactly right so I I've actually we we

are a breast of all the conversations

with the local real estate agents in

especially in this part of Australia um

and our finding is that the market is

red hot at the moment and that demand

isn't going anywhere uh and for that I

wouldn't be surprised to see yet another

10 15% growth in over the next 12 months

not to mention it has probably one of

the best um rental growth Curves in

Australia very steady growth um and in

the last 12 months have been very very

strong uh in its growth as well which is

which is very very encouraging to see

yeah right so uh and the whole area is

sort of I can see that you know the

government's putting in infrastructure

what's been announced and what's been

done has been very very um encouraging

in terms of its gentrification um and it

is that change of that environment is

what I'm observing as a potential

opportunity for South Australia yeah

yeah fantastic um and so there is a

couple more subs that I could mention

but let's swing over to Queensland for

now yep Queensland Let's Do It Best

locations in Queensland best locations

in Queensland so Queensland is a very

exciting State we are potentially that

you know investing around the Olympics

have yeah have major demands yeah major

demand for that Olympics do bring in a

lot of economic activity um and a lot of

stimulus and internationally that

strategy has been proven to be very very

successful yeah right so every time

there that and that is a really good

medium-term strategy to get in I don't

think the prices have reflected onto it

just yet but having that foresight is

some is another good skill to have for

property investors of course something

to keep an eye on yeah something to keep

an eye on that's right so in in in

Queensland um basically there's a very

very interesting land loocking

opportunity uh and the the opportunity

that I see is sort of in the area below

sort of signing Bank um towards um

towards towards your your Gold Coast

that area so the Gold Coast is a place

of heat and you've got you know your

your brisban CBD which is another sort

of place of heat and that's going to

generate a lot of value and basically

any suburb that sort of connects between

those two lines is in a good place of

land loocking with limited supply of

land we're looking at property prices

around that about you know High sort of

500s but because of the limited Supply

and the growth that we're seeing in both

of these cities right bresan and you

know your your goal coast and you know

and that that information is very very

our Outlook is very consistent with the

professionals Outlook as well with C in

their reports so any of those Pockets

there is going to be seeing quite a lot

of demand and growth as well it

inevitably has to we're seeing also

pockets of strong growth in areas like

ipswitch at the moment but when areas

like IP switch is growing and it's and

it's pumping and you know there's and we

see because of the numbers of um child

carees that are moving into that and

getting developed in that region as well

but if you actually look at the pocket

between Brisbane and goast whatever area

that you can afford between that with a

nice house offering with a nice um with

a good selection that that's going to

you know that's going to have longevity

in property that's going to be the area

that you want to be that you want to be

hit that Mak sense yeah U rental yields

aren't as strong in these areas compared

to the other suburbs that we've already

mentioned but there's definitely

opportunity and strategies that you can

Implement to actually increase that

because there are educational

institutions that are available with in

between that where there could be

increased demand for housing um on

probably a shorter term or a smaller

scale basis as well also yeah and also a

lot of opportunity for development and

subdivision too so you can increase your

yields whilst getting the growth ex

exactly right exactly right and and the

the the market is ready to digest that

yeah yeah so U you know we've seen you

know areas like you know uh Logan

Central uh We've looked that areas like

a cassia Ridge sort of basically all the

pockets that um you know Queensland has

a lot of different little sub but

basically that pocket is sort of what

you're looking at and and there will be

some Pockets that will outperform the

others but we're looking at on a on a

general basis we don't have the actual

Crystal Ball but if again like we we are

giving you the closest thing to it based

on objective data exactly right and I

think I I think around there is good and

if you're if you're setting yourself up

for for a property acquisition in the

area where you think it's going to be

benefiting you um and and you can

actually you know position your cash in

a way that you're not actually out of

pocket so much right you know with the

bank's interest and whatnot and you

actually do qualify to own a property

there well jump into it um and then and

then in the medium to long term your

interest rate is going to turn in your

favor and you got the Olympics that are

coming in as well um so I think

Queensland investment is going to be a

pretty pretty solid one especially in

these locations depending on the

properties that you do select and of

course we have a bonus let's do Victoria

let's do Victoria okay best locations in

Victoria I know a lot of our listeners

are from Victoria because of population

of course but having said that I I I

think the skill in property investing um

comes down to your ability to set up a

dream team in every state like in in

localized way so by the way you don't

need to invest in your state in your

state that's that's that's I mean you

know there are depending on the state

that you're in there could be um land

tax implications that could blow out

your land tax liability because you own

multiple properties within one state so

I think if you are well equipped for it

which we are training our students to be

able to do um and and being able to pick

up opportunities and money and Equity

from multiple States could actually be

one of the strategy that optimizes your

land tax

liabilities because because of this evil

think or amalgamation am I right yeah so

but um yeah so we're looking at we're

looking at Victoria uh and I think a

really good opportunity for Victoria and

this is and and unfortunately for

Victoria is that there's a lot of

um it's it's very expensive in Victoria

yeah it's very expensive in Victoria and

you know it's it's we're going to have

Sydney all over again in Victoria I

think yeah it's like when they're it's

like the suburbs that are affordable

tend to be shitcoin Regional suburbs

it's getting to that stage it's it's

getting to that very speculative stage

but if I were to be able to sort of dip

a little bit deeper into my pockets and

jump into a market like Victoria I'd be

looking at areas like cranber okay okay

cranber is that Southeastern suburb and

if you go any further than cranber

you're going to hit the coast basically

Geographic if you actually look at the

map cran bran is basically the last sort

of Metropolitan Ser before you start

hitting the beach so um and you know

it's and it's and it's still quite

accessible sort it's nearby sort of that

um that that sort of I wouldn't say it's

nearby but it's definitely quite far

from the CBD but it is closer to some of

the it is still reasonably close to some

of the the very busy suburbs that sort

of that sort of distance itself away

from the the the CBD to actually start

generating more activity there as well

so um when I look at cranber the supply

and demand ratio is there the pricing in

cranber in terms of median house prices

has been correcting itself so it was

overheated at a point in time but it's

sort of if you look at the graph it's

kind of funny it looks like a stock

chart it sort of it's kind of

consolidating and then I think at this

point in time people are going to

capitulate and understand that actually

cranber is a pretty decent place to be

there's good opportunities there the

price is still affordable we're going to

still have to shoot around that 600 to

Mid 600s uh in property acquisition for

a decent property down there yeah um but

if you find something like that you

would be able to hit as well as um as

well as being neutrally geared and being

able to ride that Equity curve upward

that's good that's what we like to see

that's right and because of its land

loocking opportunity there and just sort

of the employment that goes around it's

it's a really really exciting let's

really really quickly touch on land

loocking cuz I know what it is you know

what it is there's probably some new

listeners here that don't know what the

hell land loocking even means land

loocking is give it to me in in 15

seconds yeah Okay cool so landlock King

is a very interesting concept where the

area that you're looking at cannot

create any more supply of land cool

effectively cool so people still want to

be in that area but there might be a

beach or a coastline that's stopping the

supply from expanding exactly right so

um and that often um attracts a lot of

demand and and encaps Supply so what

will happen is let's say there's a city

okay if we look at for example you know

like like a city like like Adela for

example you got the ad CPD and then

towards the West is a bunch of land and

people living in that land there's the

airport as well which it takes up a huge

chunk of land towards the west and then

boom it's the beach so you can't

actually create any more houses towards

the beach anymore right so that beach

basically land loocks every opportunity

within the western suburbs exact and

then towards the east of Adelaide you

you got the you got the really high

hills right so it goes flat and then

boom comes up the hills similar to per

exactly right yeah we and we see traits

of this across you know there are

landlocked suburbs in every state

austr look at it lied typ if you can

find you jump in oh yeah yeah yeah yeah

absolutely agree and to be honest in in

Adela there are there are growth pockets

in this area and the reason why I

haven't talked about it in in light of

Adelaide is because it is incredibly it

is

incredibly expensive so the growth will

be there but the entry won't be there

for you yeah that's why I have taking it

out of this podcast yeah depending on

your budget we can set you up with any

kind of strategy of course right like

dude if you got like a $1.5 million

budget we'll tell you where to go right

but that'll be different to if you come

to us with a $500,000 budget then we'll

tell you to go somewhere else right no

it's not to hell cuz it's sound like

sound like that go no but there is a Bud

there is a strategy for people anywhere

you know anywhere up from $300,000 to be

honest yeah yeah absolutely even

$200,000 we can set you up with a good

strategy right that in terms of want to

make money in fact I think we have a

strategy for people who can't even buy

properties actually yeah typically

something that we don't work with but we

have had to Resort down to that level

and people have done incredibly well not

even owning a property making money for

the property which is a bit left F but

yeah most of the strategies that

involved purchasing a property we can

establish a strategy anywhere from

$300,000 upwards yeah exactly in terms

of budget there's also strategies like

partnering with the right person or

joint ventures and things like that you

can which you can you got to be creative

absolutely but if you want to hone the

strategy that's how we help people do

that exactly right and you know just to

sort of cover off on the um on the

conversation around cranber in um in

Victoria is that there is a massive

demand multiple there right okay so

there's about there's about 300 buyers

to one house there oh my goodness yeah

currently and so if that was to be

stripped down to half you got 150 buyas

too to one to one house still so that's

that's quite a lot that's actually quite

a lot so um having said that it's it's

going to be um you know depending on the

type of stock that we're looking at that

is right not on on a market basis but on

the type of stock that we are looking

for there's actually quite a lot of

buyers at the moment in in that

particular area very very very hot

demand indeed um so and and obviously

the rental uh market for this area has

shown some incredible sharp incredible

growth in recent times that means that

there's going to be a lot of immigrants

and people trying to trying to you know

Cross suburbian or with in within the

local state or you know you know

Interstate um

demand immigration that are actually

coming to the area not sure whether you

know whether there be a different

nationality or not but the data we're

seeing is that that suburb is is

increasing population very very quickly

not from a population data point of view

because it's hard to collect suburb

specific population data unless we do

another sensus in Australia but we can

see that from the rental demand that's

been spiking in the area yes yeah ex

great stuff guys so these are some of

the hot areas that we'll be looking at

we will be um supplicating some of the

data points Within in our Discord

channel so if You' like to join that um

the best way to find out about that

Community is through our Instagram you

know the drill the landlord. soet no

landlord. landlord. soety that's it

that's it fantastic great stuff guys

we'll see you in the next episode cool

cheers guys peace