Thanks Arjun!! Excellent video.. looking for more. I have read all your research articles and it was a wealth of information. If I may ask for a suggestion - I have recently bought investment property in Rockingham council. Looking for the next IP however my max limit is 525k. I was contemplating Townsville, Rickhampton, Adelaide and Toowoomba (Toowoomba has gone past 550 and would be difficult to stretch). My objective is to invest where there is potential to double price in 7-9 yrs. Adelaide has already in the peak cycle, not sure whether it has potential to double. In this budget and with the objective, which of the above one would you suggest?
Thank you for the kind words, genuinely appreciate you pointing out how all the free info has helped you to get ahead, its very fulfilling to hear that and why we do what we do. Since you now have one in rockhampton, going again there is not necessary. Townsville in the sub $525k is going really strong, however, it will depend on what is in the rest of your portfolio and your longer term goals too. All the best on the journey, if you would ever like help from the team on either crafting a strategy or end to end support, feel free to reach out here = www.investorkit.com.au/
@@investorkit thanks for your response Arjun. My first IP is in Rockingham council (Perth). Looking to invest either in Rockhampton/Townsville/Adelaide. With 7 yrs timeline (looking at capital growth potential to double), would you suggest Rockhampton/Townsville/Adelaide
Hi Arjun, a friend recommended you. Just started watching your videos and learning heaps thank you! A question with Townsville & Rockhampton, wouldn't flooding risk be a problem (in terms of both physical and also potential deter people from living there)?
Thank you and glad you’re finding the videos of value! It’s a great question. It hasn’t deterred people from living there. Both the cities have large population sizes as regional centres. Also, floods occur in Brisbane, yet many people live there and continue to migrate there. Another thing is will be something that protects, due diligence will help you stay out of those areas where the premiums are spiked within these respective cities. There are also specialist that keep the prices in that 1.8 K to 3K amounts. You’ll find this deep dive of research I did on the finals Queensland market of value. www.investorkit.com.au/blog/real-estate-investment-in-far-north-queensland-its-past-present-and-future/
This was a great watch, Thank you. What are your thoughts on somewhere like Elizabeth Park or Elizabeth in Adelaide compared to Townsville in terms of growth opportunities. I’m comparing both of them at the moment and just trying to decide where. Only drawbacks I’m seeing with Townsville is I’m having to go further out of the city centre to get something of value.
Dropping gems Arjun! I'm looking to enter QLD with a 400k budget. I've read your latest report and both Townsville and Rockhampton have a score of 5.0. I'd like to buy in both regions (1 now and 1 end of the year) but I don't know which to get into first? Rocky seems to be further in it's growth cycle so may be appropriate to buy there first and then TV later? 😊
Too kind my friend! A $400k budget is super competitive, however if you persist you’ll get there. I’d hunt in both to be honest and get the first one that passes checks that lands. Don’t be afraid of stuff that needs a little bit of love with cosmetics too, as that might be your ticket in. Both are moving so quick that the $400k won’t be around longer
@investorkit legend, great perspective. With Rockhampton going nuts in the last 5 years doing 60%, realistically does it have much steam left for the next 2-3 years to do another say +50% or am I dreaming?
Hi @kamalthapa4707! Thanks for your enthusiasm! We’re glad you’re enjoying the content. Stay tuned-Arjun has more great videos and valuable insights coming your way soon!
It’s actually kept up with long term Australian growth rates over the last 25+ years. It’s been one of the best performing council regions for the last 4 years. Like all markets it had its slow period prior, and now it’s booming
Appreciate it! It would mean a lot if you shared the page to those you know too. Keep the questions coming too for more episode ideas for us to answer those questions
The comparison of insurance with normal rental income was a good example and easy to understand, this is great video content!
Welcome! Doing my best to give relevant examples and I’m glad it was really helpful😊
Thanks Arjun!! Excellent video.. looking for more. I have read all your research articles and it was a wealth of information.
If I may ask for a suggestion - I have recently bought investment property in Rockingham council. Looking for the next IP however my max limit is 525k. I was contemplating Townsville, Rickhampton, Adelaide and Toowoomba (Toowoomba has gone past 550 and would be difficult to stretch). My objective is to invest where there is potential to double price in 7-9 yrs. Adelaide has already in the peak cycle, not sure whether it has potential to double. In this budget and with the objective, which of the above one would you suggest?
Thank you for the kind words, genuinely appreciate you pointing out how all the free info has helped you to get ahead, its very fulfilling to hear that and why we do what we do. Since you now have one in rockhampton, going again there is not necessary. Townsville in the sub $525k is going really strong, however, it will depend on what is in the rest of your portfolio and your longer term goals too.
All the best on the journey, if you would ever like help from the team on either crafting a strategy or end to end support, feel free to reach out here = www.investorkit.com.au/
@@investorkit thanks for your response Arjun. My first IP is in Rockingham council (Perth). Looking to invest either in Rockhampton/Townsville/Adelaide. With 7 yrs timeline (looking at capital growth potential to double), would you suggest Rockhampton/Townsville/Adelaide
Great then in that case you can add Rockhampton to Townsville list too.
Hi Arjun, a friend recommended you. Just started watching your videos and learning heaps thank you! A question with Townsville & Rockhampton, wouldn't flooding risk be a problem (in terms of both physical and also potential deter people from living there)?
Thank you and glad you’re finding the videos of value! It’s a great question. It hasn’t deterred people from living there. Both the cities have large population sizes as regional centres. Also, floods occur in Brisbane, yet many people live there and continue to migrate there. Another thing is will be something that protects, due diligence will help you stay out of those areas where the premiums are spiked within these respective cities. There are also specialist that keep the prices in that 1.8 K to 3K amounts. You’ll find this deep dive of research I did on the finals Queensland market of value. www.investorkit.com.au/blog/real-estate-investment-in-far-north-queensland-its-past-present-and-future/
@@investorkit Thanks for sharing that Arjun, very informative.
This was a great watch, Thank you. What are your thoughts on somewhere like Elizabeth Park or Elizabeth in Adelaide compared to Townsville in terms of growth opportunities. I’m comparing both of them at the moment and just trying to decide where. Only drawbacks I’m seeing with Townsville is I’m having to go further out of the city centre to get something of value.
Thank you! In terms of the cities greater growth cycle Townsville is earlier on in the cycle. I hope that helps in making the choice easier.
Thank you Arjun. You and your team are amazing 😊
Really appreciate the kind words and the support
Dropping gems Arjun!
I'm looking to enter QLD with a 400k budget. I've read your latest report and both Townsville and Rockhampton have a score of 5.0. I'd like to buy in both regions (1 now and 1 end of the year) but I don't know which to get into first?
Rocky seems to be further in it's growth cycle so may be appropriate to buy there first and then TV later? 😊
Too kind my friend!
A $400k budget is super competitive, however if you persist you’ll get there. I’d hunt in both to be honest and get the first one that passes checks that lands. Don’t be afraid of stuff that needs a little bit of love with cosmetics too, as that might be your ticket in.
Both are moving so quick that the $400k won’t be around longer
@investorkit legend, great perspective.
With Rockhampton going nuts in the last 5 years doing 60%, realistically does it have much steam left for the next 2-3 years to do another say +50% or am I dreaming?
Have you visited either? Then it would be an easy choice. 8hrs drive from1 to other, so quite a bit of difference in location.
Great video - would love to hear more about some of your thoughts around Strathpine.
Strathpine is an area with strong data too!
Townsville definitely is looking good for the long term.
Totally agree! Some solid years are ahead of the already solid ones that have been occurring
But it's very hot
Hi Arjun, do we have a similar video coming soon? Can't wait man, you're dropping gems
Hi @kamalthapa4707! Thanks for your enthusiasm! We’re glad you’re enjoying the content. Stay tuned-Arjun has more great videos and valuable insights coming your way soon!
Tea tree gully seems to have had almost zero growth pre-2020. Why do you determine its likely to keep growing post covid too?
It’s actually kept up with long term Australian growth rates over the last 25+ years. It’s been one of the best performing council regions for the last 4 years. Like all markets it had its slow period prior, and now it’s booming
Thanks Arjun 🙂
Appreciate it! It would mean a lot if you shared the page to those you know too. Keep the questions coming too for more episode ideas for us to answer those questions
This video was very well presented. Thanks for sharing.
Really appreciate the kind words! Spread the word to those you know, keep the questions coming, the likes and subscribe. Appreciate all your support
Yay....under 500K...a steal....🤣🤣🤣🤣😭😭😭😭😭😭😭😭
Yes that’s very affordable buying in Australia right now. It’ll soon be a forgotten price point based on how trends are going.