In this week’s episode I catch up with Terry Ryder and as usual Terry and I go “Around the Grounds” and look at the Regional Cities that are on our radar.
Before that though we take a swipe at the complacency by the Federal and State Governments in how they have handled the roll out of the vaccine and quarantine. It’s a very important topic and one that impacts greatly our Real Estate Markets.
With so many markets on the up as Australia is in the grip of the first National Property Boom in 20 years it would be hard NOT to make money right now.
What we hone in on though is that if this is the case then when you buy you should be taking a longer game approach because at some point this frenetic market will start to slow down so those smarter investors are going to be the one’s who bought in Regional Cities that have the
“right fundamentals.” We cover off some of these key indicators and Terry shares with our audience the benefits of tracking cities with his Quarterly Property Price Index.
Our search for the “Holy Grail” takes us to Victoria, Tasmania, New South Wales and Queensland this week and with each of the 4 Regions we look at some of the key drivers in those markets.
I talk about the value of investing in the “right research” and Terry reiterates the importance of treating Property Investing as a “Business” if you want to get the most from your investment journey.
As Terry says” You’ve got to spend money to make money.”
With Melbourne in the grip of Lockdown 4.0 it highlights just how important it is to have people and contacts “on the ground” in Regional Centres which has enabled our business to keep growing when many businesses have been unable to trade.