Podcast: Play in new window | Download
Subscribe: RSS
I’d like to say we’re hot on their heels… but with 2.6 million downloads we’ve got some catching up to do!
The Property Couch and Long Property are aligned though in terms of our desire to educate more Australians, and to help people make more informed property, finance and investment decisions.
We’re also aligned in terms of the types of strategies people can adopt in their pursuit of home ownership and a passive income from their portfolio of residential investments.
So I sat down Ben Kingsley yesterday, co-host of the Property Couch, and we spent a good hour discussing the current property and finance landscapes in Australia, as well as the Property Investment Professionals of Australia’s latest survey.
Ben is the Chair of PIPA and each year they conduct a sentiment survey amongst investors.
The key takeaway from this year’s report is that despite the regulatory intervention and investment lending changes, and despite the changing foreign investment landscape and noise about a bubbling Sydney market, investors remain bullish about property as a long-term investment in Australia.
Ben also explains other key findings from the survey:
- Why 70% of investors believe now is a good time to invest in property
- Why Brisbane remains the preferred destination for 43% of investors
- 64% of investors say that long term capital growth is the main reason they invest
- 83% of investors intend obtaining their next loan through a mortgage broker
- 67% of investors have a preference towards buying houses over other property types (up from 59% last year)
- 92% of investors prefer buying established housing vs. only 5% brand new/off-the-plan
- 43% of investors confirm changes to investor lending policies have impacted them (up from 32% last year)
- 84% of investors believe more education is required around property investment
- 93% of investors believe people who recommend property investment should be licensed and regulated
In our discussion you will also learn:
- How data mining and machine learning is being combined with on the ground research to identify the best suburbs to invest in
- Why there has been a shift towards non-bank lenders
- How to identify the 5% of ‘investment grade’ properties suitable for astute investors
- How the capital growth prospects of a period home in a blue chip Adelaide or Brisbane suburb might compare to a smaller townhouse/villa in a larger capital city
- How the right set and forget investment portfolio can be managed in 10-15 hours per year
- Why astute investors build a trusted advisory team consisting of at least a mortgage broker, a buyers advocate, an accountant and a solicitor
- What the perfect capital growth property looks like, and how this can be a foundation for passive income to assist retirement
Ben is unquestionably one of the leading property experts in Australia and I have immense respect for the work he is doing in the industry.
Without further ado… please enjoy my chat with Ben Kingsley.
Question: The best time to invest in property is when the time is right for you. Agree or disagree?
