Affordable property investment strategies for young Aussies

In this episode of The Smart Property Investment Show, Phil Tarrant sits down with mortgage expert Rebecca Carlson from Finni Mortgages to explore affordable property investment in Australia, especially as the federal election brings housing affordability into sharp focus.

The duo begins by highlighting the importance of financial strategies for investors, noting that properties under $500,000, particularly in Victoria and western Sydney, are in high demand.

Rebecca points out a growing trend of young Australians staying at home longer to save for deposits, allowing them to enter the market better informed and financially prepared, often with just a 12 per cent deposit by capitalising lender’s mortgage insurance into their loan.

The pair also discuss parents’ crucial role in property investment, such as offering rent-free living to help their children save, which can be as effective as providing financial guarantees.

Family pledge strategies, where parents guarantee loans, can reduce deposit requirements, with guarantees released once the property’s value rises and the loan to value ratio falls to 80 per cent.

The duo concludes that, with the right strategies and support, property investment remains an achievable goal in today’s competitive landscape. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, X (formerly Twitter) and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.