Aussie FIRE | Financial Independence Retire Early

Chapter 20: Property investing meets FIRE

Sep 29, 2023

This podcast explores property investing in Australia, including planning and strategies, the rent vs buy debate, and factors to consider. It also shares a personal journey to financial independence through self-taught knowledge on investing and personal finance.

23:58

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Quick takeaways

Real estate investing in Australia is a culturally ingrained pastime and accounts for more than half of all household wealth, making it an important aspect of financial independence.

There are different strategies for real estate investing in Australia, including buy and hold, renovations, and subdivision, each with its own risks and level of expertise required.

Deep dives

Real Estate Investing in Australia

Real estate investing in Australia is a culturally ingrained pastime due to the belief that home ownership leads to a better life and success. Data from the Australian Taxation Office shows that residential real estate accounts for more than half of all household wealth. Real estate has historically performed comparably to shares with returns of 11.1% per annum. Planning is crucial, and aspiring investors should set goals such as targeting a specific passive income figure to guide their investments.

The Rise of Property Prices

01:20

The Basics of Property Investing

01:20

Introduction

2min

Comparing Returns, Planning, and Property Investing Strategies

5min

Subdividing, Developing, and Structuring Property Investments

3min

Factors to Consider in Property Investment

12min

Personal Journey to Financial Independence

2min

Send us a text

There's an old joke that's been kicking around for the past decade or so:

"If you're struggling to make conversation with an adult Aussie, ask them for their thoughts on the housing market."

Real estate can be a fraught topic in Australia - not least of all because it's so expensive. In fact, there's been a growing assumption that the only people who can afford to invest are the independently wealthy. Well, them, or people who bought into the market 30 years ago.

In this chapter of Aussie FIRE, Victor from the Frugal Samurai is here to bring property to everyone. He explores how to plan for an entry into property investment, and details the different strategies you could apply.

He also covers what he believes you should look for (and avoid) in real estate, and ponders the "rent vs buy" debate for your primary place of residence.

Listen to the chapter above, or read it here.

Pearler
Strong Money Australia
Original Aussie FIRE e-book
Strong Money Australia’s audiobook

Disclaimer

Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.

Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guide

If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.

Hosted on Acast. See acast.com/privacy for more information.

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