InvestorAid’s Post

Name: How to grow your property: land size, location, and more | InvestorAid posted on the topic | LinkedIn
Uploaded: 2024-09-11T08:02:07.393Z
Duration: 1 min 29 s
Channel: InvestorAid
Description: The room size in your investment property doesn’t necessarily reflect its growth potential. Focus on land size, location, and other key factors driving growth potential. 🌟🏠 #realestateaustralia #realestateinvesting #propertyinvestingaustralia #realestateinvestment2024 #buyersagentaustralia #buyersagent #propertyinvestor #investmentproperty #australiarealestate

InvestorAid

612 followers

3mo

The room size in your investment property doesn’t necessarily reflect its growth potential. Focus on land size, location, and other key factors driving growth potential. 🌟🏠 #realestateaustralia #realestateinvesting #propertyinvestingaustralia #realestateinvestment2024 #buyersagentaustralia #buyersagent #propertyinvestor #investmentproperty #australiarealestate

Transcript

And then in in me 2019 end up buying my first property where I'm living and and sitting at the moment. Right. So about this property owner occupied property had upset. I bought this owner occupied property. And I at the time, I actually didn't know much about what I should be buying where I should be buying. I ended up buying something where where it was a four better, but I didn't even look at the room sizes of three rooms in the back. So the room that I'm sitting in is probably less than 3 meters each each way. Each direction. But, and that is what I now keep educating people that the size of the rooms has no correlation to its growth potential. It's more about the land size and location and everything. So about this property at $900,000. And today like in five years time, it's it's worth around 2 mil. Wow. Yeah. So again, the reason why it was able to have that growth is definitely due to the market cycle timing. But I was lucky enough, I was fortunate enough that I invested in at the right market cycle timing, though I wasn't aware I got ready. At exactly the same time. So there is very less likelihood of you making that happen unknowingly, right? Like you need to be intentional. So in 2019, if you remember from 2017, the applied regulations came in due to and they had coved investor lending. So the market started correcting. So actually ended up picking right at the bottom of the market because from August 2019 onwards, the interest rate cuts started happening and which started lifting the market up. So I just bought two months prior to that.

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