Don’t go yield chasing — do this instead

While chasing high rental yields sounds like a fail-proof investment plan, this expert says higher isn’t always better. Smart Property Investment’s Phil Tarrant sits down with InvestorKit head of research Arjun Paliwal to give us a refresher course on what rental yields are and explains why it should not be an investor’s sole deciding factor when choosing to buy a rental property. The self-proclaimed property nerd goes on to enumerate other mistakes that investors (particularly those who are beginners in the real estate arena) make when choosing a rental property before giving pointers on what a rental property delivers long-term solid return looks like. And with the rental market taking the spotlight amid softening market conditions, the duo also touch on the factors driving up rents, discuss the different state legislations that can potentially impact investors, and identify the rental markets that are heating up across the country. 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, 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.