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Melbourne Property Market Update January 2024 - By Konrad Bobilak

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.

Dear Fellow Property Investor,

I realise that Apartments tend to get a bad rap when it comes to property investing. 

And rightly so…many Melbourne suburbs such as Docklands, South Bank, and Melbourne CBD, just to name a few, have proven a complete disaster when it comes to long-term capital growth, with many apartments underperforming the rate of inflation…

But did you know that according to a recent CoreLogic report, Unit [Apartments] values in Blackburn South and Mont Albert in Melbourne’s inner east, Mulgrave, Dandenong North, Noble Park, Springvale and Springvale South in the south-east and Somerville and Frankston South on the Mornington Peninsula have more than tripled in the past 20 years.

Unit prices in Melbourne climbed faster than both Sydney and Brisbane over the past 20 years, increasing by 120 per cent, data from CoreLogic shows. 

Those gains were boosted by strong population growth and lower stock levels in the 2000s.

Sydney’s median unit value increased by 115 per cent, while Brisbane lifted by 81 per cent during the same period.

Underlining Melbourne’s performance over the past two decades, units across 85 per cent of all its suburbs more than doubled in value, while prices in more than 10 suburbs tripled over the same period.

Melbourne suburbs where apartments tripled in value over 20 years revealed! Investors Prime Real Estate

A large chunk of the growth in Melbourne unit values in the past 20 years occurred before and after the GFC with unit values surging more than 20 per cent in 2007 and also in 2009-10, according to CoreLogic.

Let me ask you something…

Do you have a game plan for 2024?

Or will you watch savvy, educated, market-ready investors snap up all the bargains at the bottom of the Melbourne property cycle (which, in my opinion, already bottomed out in November 2022), again?

Or, will you join them?    

So, what are you waiting for?

Reserve your place and join me and 55 like-minded property investors for the first Real Estate Investing Fast Track Weekend for 2024!

Click HERE to reserve your seat now!

Book Real Estate Investing Fast-Track Weekend
Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.

Off-the-plan apartment prices in some Melbourne suburbs could go up by as much as 25 per cent over the next year as developers adjust pricing amid rising costs and increasing demand, property advisory firm Charter Keck Cramer says.

“Prices will recalibrate upwards, and I think in about 12 months, it’s going to be across the entire Melbourne apartment market,” said Richard Temlett, Charter Keck Cramer’s national executive director.

“In certain areas, depending on the developer and project, buyers can expect to pay between 15 per cent and 25 per cent, even more in some cases. That’s certainly where the market is going and evolving.”

Developers will have to increase prices to offset the rising land values and construction costs so they can continue delivering apartment projects. But many remained reluctant to raise prices amid low consumer sentiment and higher interest rates, Mr Temlett said.

“Many developers are still very worried about increasing prices. And I’m encouraging them to be a bit more brave because there are sound fundamental reasons to support price increases,” he said.

“The development industry needs to realise that over the next six to 12 months, they can increase prices in a lot of areas and will still be met with a deeper pool of buyers. In fact, it’s already happening in some projects.”

Charter Keck Cramer’s analysis of a sample of off-the-plan apartment projects across various locations in Melbourne shows that several of those released this year have increased their prices by 15 per cent to 25 per cent compared to pre-COVID prices of apartments in earlier stages of the same development or in comparable projects in the same locations.

The study spanned 10 suburbs in the middle ring areas, and consisted of three apartment projects on average. 

“The price gains were submarket specific, but those that posted large increases were not high-end landmark projects, they were quality owner-occupier stock in the suburbs,” Mr Temlett said.

“Interestingly, the market is accepting those price increases, albeit at a slow rate. Buyers understand what’s happening with costs and what’s happening in the market, and they are prepared to pay a higher rate.

“So these are demonstrable examples of apartment prices reverting upwards. I think there’s going to be an increase in demand for such dwellings because we’re not building enough houses or apartments.” 

The advisory firm predicts that Melbourne’s apartment supply is set to slump by 7900 units, or 65.3 per cent, by 2025.

Mr Temlett said the rapid interest rate increases, substantial rise in construction costs and volatile consumer sentiment have made many apartment projects unfeasible and led to very slow sales rates.

Meanwhile, the 4 percentage point interest rate rise since May last year has slashed buying power by more than 40 per cent. 

However, these factors also opened up a very large but slightly different buyer and renter pool over the next 12 months, he said.

“With rapid rate rises, there is anticipated to be a ‘shuffle’ downwards or trade-off, where many buyers are forced to trade into medium- and higher-density dwellings as dictated by their revised finances,” Mr Temlett said. 

“Many people are still willing to buy, but they can’t afford to buy a standalone house because of affordability, so more will either be forced to live in apartments or will embrace apartment living.”

The price premium of houses over apartments has widened to 60 per cent despite a 9 per cent house price drop from the peak. Since March 2022, house prices are still 15 per cent higher than pre-COVID and are poised to continue rising.

“With rapidly rising rents, some renters may decide to buy and pay off a mortgage given that rental repayments may be similar to mortgage repayments in some markets and across various product types,” Mr Temlett said.

“These potential buyers are likely to seek the most affordable product type, which will be apartments.” 

Mr Temlett said while conditions in the build-to-sell apartment market were arguably the toughest they have ever been, the sector will continue to improve.

“We believe that the RBA is close to the top of the rate-tightening cycle. When rates stabilise, we expect market demand will start to be expressed and sales rates will accelerate,” he said.

“When rates start to be cut, there is anticipated to be an extremely elastic response across the entire housing market, with the apartment market well poised to benefit.”

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.

Dear Fellow Property Investor,

One of the most important aspects of building and structuring a large residential property portfolio is to start with the end in mind. 

That is, you must have an exact strategy or Blue-Print that is concise and all-encompassing before you start investing in property. 

Many investors get into a lot of trouble because they simply never clearly articulated and mapped out a concise strategy to begin with. Or they end up buying the wrong type of property, such as a serviced apartment in Queensland, studio apartment with living areas less than 50 square meters, or an apartment in a high-density development, and most likely end up selling that property within 5 year, realising a small profit and in most cases breaking even or a loss.

The first thing that you must appreciate is that you will go through 3 distinctive stages while you are building your property portfolio:

  1. The Acquisition and building stage,
  2. The Consolidation and refining stage,
  3. And the Harvesting stage.

These stages will vary from investor to investor, and will differ depending on investors personal Risk Profile, and time horizon for investing, as well as the amount of time, money or equity available.

In this segment of the event, you will gain a clear understanding of the importance of developing a personalised investment plan, based on your unique set of circumstances, and available resources.

During this segment of the event, you will also gain an understanding of the importance of creating a Master-Plan blue-print, before you do anything else. 

That is, your ability to clearly identify your outcome and ultimate goal for building a large residential investment property portfolio.

Now here is one of the most important aspects covered in this YouTube Video;

“You’ve got to know your numbers!” - That’s probably one of the most common pieces of advice you’ll hear from wealthy (and RICH) property investors. - “You’ve got to know your numbers!” – 

And in this segment, you will learn how to calculate cash-flow analysis via Property Investor Analysis Software.

The Property Investment Analysis (PIA) Program is an essential decision making tool for all property investors. 

It will analyse capital growth, cash flow, and tax implications for any investment property and provide instant feedback on projected after-tax cost and rate of return. 

The software will compute cash flow projections for up to 40 years and has facilities for changing more than 100 variables including property price, rent, capital growth, inflation, deposit and loan type. 

The internal rate of return (IRR) and the cost-per-week are recalculated automatically whenever a change is made.

That’s all for this months video, stay tuned for my next video. CLICK HERE to subscribe to my Youtube channel so you don't miss out.

Dear Fellow Property Investor,

CoreLogic’s national Home Value Index (HVI) has recorded a third consecutive monthly rise, with the pace of growth accelerating sharply to 1.2% in May.

After finding a floor in February, home values increased 0.6% and 0.5% through March and April respectively.

Sydney continues to lead the recovery trend, posting a 1.8% lift in values over the month, recording the city’s highest monthly gain since September 2021. Since moving through a trough in January, home values have risen by 4.8%, or the equivalent of a $48,390 lift in the median dwelling value.

Brisbane (1.4%) and Perth (1.3%) are the only other capitals to record a monthly gain of more than 1.0%, however, the rise in values was broad-based with the rate of growth accelerating across every capital city last month.

CoreLogic’s Research Director, Tim Lawless, noted the positive trend is a symptom of persistently low levels of available housing supply running up against rising housing demand.

“Advertised listings trended lower through May with roughly 1,800 fewer capital city homes advertised for sale relative to the end of April. Inventory levels are -15.3% lower than they were at the same time last year and -24.4% below the previous five-year average for this time of year,” he said.

“With such a short supply of available housing stock, buyers are becoming more competitive and there’s an element of FOMO creeping into the market. Amid increased competition, auction clearance rates have trended higher, holding at 70% or above over the past three weeks. For private treaty sales, homes are selling faster and with less vendor discounting.”

So, what are you waiting for? 

Reserve your place and join me and 55 like-minded property investors at the next Real Estate Investing Fast Track Weekend!

Book Real Estate Investing Fast-Track Weekend

Seats are strictly limited so book NOW in order to avoid future disappointment…


OUR PAST ATTENDEES RAVED ABOUT THIS EVENT… WATCH WHAT THEY HAVE TO SAY.

I look forward to meeting you at the event!

Yours in Success,

KONRAD BOBILAK

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.

Right Now In 2023, The Melbourne Property Market Is Experiencing ‘A Perfect Storm’ Of Buying Opportunities For Educated And Market Ready Investors!

These are the following reasons why NOW is the Perfect Storm!

1. Chinese buyers return to Australia's housing market and snap up properties, sparking fears prices could rise even further! Foreign buyers are returning to the Australian property market; the fear is, they could drive up the cost of homes for Aussies already struggling to buy one. 

China was the largest source of investment for residential real estate investment proposals by number and value ($0.6 billion), as it was in 2021-22 and 2020-21. The next two largest sources of residential investment were Hong Kong ($0.1 billion) and Vietnam ($0.1 billion). 

The investment figures that were recently released by the Australian Government’s Treasury, in its Quarterly Report on Foreign Investment, cover the last quarter of 2022.

Total foreign investment in Australia fell sharply but Chinese buyers remained the most significant, with $600 million of approved investment, even though that was down $1 billion.

With Hong Kong investment included in the Chinese total, Chinese investment this quarter accounted for $700 million of Australian property. After China, the next largest investors were Vietnam, Singapore, and the United Kingdom, each of which invested $100 million in residential real estate.

In this quarter, the largest target sector for proposed investment for the quarter by value was commercial real estate, with a total value of $19.3 billion.

The United States was the largest source country for commercial investment proposals by number and value ($16.7 billion), as it was in 2021-22 and 2020-21. 

The next four largest source countries by value were China ($6.7 billion), Singapore ($5.2 billion), South Korea ($4.2 billion), and Canada ($3.8 billion).

While the overall numbers are down, the return of Chinese students to Australia, an end to pandemic travel bans, and warming relations between the two countries, are driving a rise in property inquiries from China.

Juwai IQI Co-Founder and Group Managing Director Daniel Ho said that at the current rate, China would invest an estimated $3.2 billion in Australian residential real estate this year, which would be up from $2.4 billion in 2021-22.

With the inclusion of Hong Kong, China would invest $3.8 billion, which would be up from $3 billion last year. 

“In 2022 and so far this year, Australia is the most popular country for Chinese homebuyers, for the first time ever, according to Juwai IQI Chinese buyer enquiries,” Mr Ho said.

“In January, Chinese buyer inquiries for Australian real estate surged by 24 percent compared to December, due to the announcement that borders would be reopening.” The latest data from national removalist booking platform Muval has revealed Australians are continuing their exodus from Sydney, looking strongly in favor of Melbourne.

2. Inbound inquiries show the laneway capital remains streets ahead of the rest according to the platform; Melbourne was the most popular city to move to in 2022, with the February figures showing the city accounted for the most eyeballs. 28% of all major metro inbound moving inquiries were for Melbourne. This is an increase from last January when Melbourne accounted for 24%.

3. Melbourne homeowners are holding back from listing properties in the declining market, resulting in almost a 30 percent drop in the number of homes for sale in some regions year on year.

House hunters have fewer properties to choose from as falling property prices prompt vendors to rethink plans and some to delay selling until the market improves.

Buyers in Melbourne’s north-east have seen the biggest drop in homes on offer, as new listings in January – properties marketed for 30 days or less – were down 28.2 percent year on year. This fall was closely followed by the inner south, where new listings dropped by 28.1 percent.

The inner region was down 21.9 percent, the outer east 19.7 percent, and the west 15.4 percent.

New listings were down more than 10 percent across Melbourne, but the number of homes hitting the market on the Mornington Peninsula rose 3.3 percent.

The total number of homes for sale was also down in most Melbourne regions except in the northwest and west of the city, where numbers were up 13.9 percent and 8.2 percent respectively. In the Mornington Peninsula, they were up 27.8 percent.

4. Melbourne rents have rocketed to record highs, jumping as much as 20 percent in a year and prompting fears of homelessness and housing stress for low-income households. In fact, there has never been a tougher time to be a renter in Melbourne, where vacancy rates are just 1.4 percent and rents have hit record highs.

The median weekly cost of renting an apartment in Melbourne last week hit $450 – a 20 percent increase on 12 months earlier – while in inner Melbourne rents have reached a weekly median of $490 a week, according to the Domain Rent Report for the December quarter.

The most recent Australian Bureau of Statistics figures, taken in August, showed the median weekly income in Melbourne was $1300 (across Victoria the median was $1250). Rental stress is defined as paying more than 30 percent of one’s income in rent, meaning for a single renter on a median wage in Melbourne, anything more than $390 a week would put them in rental stress.

For houses, the median rent reached a record high of $480 and grew 7.9 per cent in the 12 months to December.

The increase comes amid growth in demand as tenants make pandemic living habits permanent and eschew share houses for their own space, at the same time as international borders reopen.

While rental increases are bad news for tenants, its great news for landlords, especially for those who purchased their investment properties in the inner east and Bayside where rental yields have increased over 16 and 17 per cent respectively, far beyond any increases in interest rates over the same time period.

5. Record Low Vacancy Rates;

6. Financial markets think rate hikes are done... now pricing is in a rate cut through the second half of the year.

In fact, I believe, that many property investors who are currently staying out of the property market will look back retrospectively and realise that November and December 2022 were in fact the lowest and most opportune times to enter the Melbourne property market from a ‘Market Timing Perspective’…

Dear Fellow Property Investor,

Did you know that despite the recent 11 interest rate increases from the Reserve Bank of Australia, which has seen official rates rise by 3.75 percent over the last twelve months, property prices in Melbourne are on the rise?

Graph of Australian combined capital cities home price downturns index

That’s right, we are witnessing the next phase of the 7 to 10-year property cycle, and it’s the beginning of the next bull run…

But unlike in the previous property cycle, the Boom in Melbourne is occurring on two fronts simultaneously…capital growth appreciation and record-high rental yield increases!

In fact, the latest data by NAB below shows us that the current rental yield increases averaged a staggering 10% across Australian listed dwellings!

And that’s just in the last 12 months!

I mean it just doesn’t get any better than this!

Graph of Australian Listed Dwelling Rents

So, what are you waiting for?

Reserve your place and join me and 55 like-minded property investors at the next

Real Estate Investing Fast Track Weekend!

Book Real Estate Investing Fast-Track Weekend

Seats are strictly limited so book NOW in order to avoid future disappointment…

I look forward to meeting you at the event!

Yours in Success,

KONRAD BOBILAK

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.

CoreLogic Home Value Index: National home values up 0.6% in March, breaking a 10-month streak of falls.

After remaining virtually flat in February (-0.1%), CoreLogic’s national Home Value Index (HVI) posted the first month-on-month rise since April 2022, up 0.6% in March. Dwelling values were higher across the four largest capital cities and most of the broad ‘rest-of-state’ regions, led by a 1.4% gain in Sydney.

CoreLogic’s Research Director, Tim Lawless, put the rise down to a combination of low advertised stock levels, extremely tight rental conditions and additional demand from overseas migration. 

“Although interest rates are high and there is an expectation the economy will slow through the year, it’s clear other factors are now placing upwards pressure on home prices,”

Mr Lawless said. “Advertised supply has been below average since September last year, with capital city listing numbers ending March almost -20% below the previous five-year average. Purchasing activity has also fallen but not as much as available supply; capital city sales activity was estimated to be roughly -7% below the previous five-year average through the March quarter.

“With rental markets this tight, it’s likely we are seeing some spillover from renting into purchasing, although, with mortgage rates so high, not everyone who wants to buy will be able to qualify for a loan. Similarly, with net overseas migration at record levels and rising, there is a chance more permanent or long-term migrants who can afford to, will skip the rental phase and fast track a home purchase simply because they can’t find rental accommodation.”

The lift in housing values has been most evident across the upper quartile of Sydney’s housing market. House values within the most expensive quarter of Sydney’s market were up 2.0% in March and the upper quartile of the Sydney unit market was 1.4% higher over the month. “Sydney upper quartile house values fell by -17.4% from their peak in January 2022 to a recent low in January 2023, the largest drop from the market peak of any capital city market segment.

We may be seeing some opportunistic buyers coming back into the market where prices have fallen the most,” Mr Lawless said. Regional housing markets have mostly shown firmer housing conditions as well, with the combined regionals index rising 0.2% over the month. 

Housing values across Regional WA and Regional SA remain at cyclical highs despite 10 rate hikes.

SA’s Fleurieu[1] Kangaroo Island SA3 sub-region led capital gains over the month with a 2.6% rise in dwelling values followed by Dubbo, NSW (2.5%), Wellington, Victoria (2.4%) and Mid West, WA (2.1%).

“The best performing regional markets are quite different to what we were seeing through the recent growth cycle,” Mr Lawless said. 

“In today’s market it is mainly rural areas that are seeing the strongest increases, rather than the commutable coastal and lifestyle markets that were booming through the upswing.

However, we are seeing some subtle growth return to regions within commuting distance of the major capitals, after many recorded a sharp drop in values.

”But housing values aren’t rising everywhere. Hobart recorded the largest drop in home values among the capital cities, down -0.9% over the month. Housing values across the southern most capital have fallen -12.9% since peaking in May last year; overtaking Sydney as the largest cumulative fall from peak across the capital cities. However, the pace of decline has been easing across Hobart over the past three months. 

Canberra (-0.5%), Darwin (-0.4%) and Adelaide (-0.1%) also recorded a decline in values over the month, as did Regional Victoria (-0.1%) and Regional Tasmania (-0.7%). Housing values across every capital city and broad rest-of-state region remain higher relative to the onset of COVID in March 2020. 

Melbourne dwelling values are the closest to pre-COVID levels, with only a 0.6% buffer (up from a 0.03% buffer a month ago). At the other extreme is Adelaide where housing values remain a stunning 41.2% above the levels recorded at the onset of COVID, and Regional SA where values remain at a record high, 49.2% above March 2020 levels.

Dear Fellow Property Investor,

Big News!

The housing price downturn is over for Sydney and Melbourne, according to the key property data analysts, who have called the bottom of the market, saying the record return of migrants would bolster prices.

While some housing economists said prices might still have further to fall – if interest rates continued to rise – even those who aren’t yet calling a bottom said the faster-than-expected return of immigration after the pandemic would underpin the housing market.

“Immigration is going to be stronger than developers anticipated some 12 to 24 months prior, and we saw in the 2000s how unexpected immigration can be a fillip to prices,” said Challenger chief economist Jonathan Kearns, a former head of financial stability at the Reserve Bank.

“Other factors were at play then also, and in the pandemic, unexpected lack of immigration was more than offset by declining household size and general demand for more housing.”

CoreLogic, SQM Research, Proptrack and RBC Capital Markets have all declared house prices had bottomed out in the two biggest housing markets amid a growing number of housing indicators showing a marked upturn.

“As more data flows have come through across housing finance, consumer sentiment, vendor discounting and sales volumes, it seems the national housing market downswing may have bottomed out in early March,” said CoreLogic head of research Eliza Owen.


Reserve your place and join me and 55 like-minded property investors at the next

Real Estate Investing Fast Track Weekend!

Reserve-my-seat-now

Seats are strictly limited so book NOW in order to avoid future disappointment…


“A record return in overseas migration was unexpected, and it has left housing demand far outstripping supply, which has contributed to the start of a more sustained upswing in value.”

CoreLogic’s daily index also indicates Sydney seems to have bottomed out in the first week of February, and have since increased around 2 per cent, while Melbourne bottomed out early March and has picked up 0.7 per cent.

This means that national home values have dropped by 9.4 per cent peak-to-trough, which is the largest housing market downswing on record, according to CoreLogic. However, this is significantly lower than many economists’ average forecast of a 15 per cent decline.

For Sydney, house prices had dropped by 14 per cent peak-to-trough and Melbourne slumped by 9.8 per cent. These results are lower than many economists’ forecast of 20 per cent price falls for Sydney and a 15 per cent drop in Melbourne.

“The start of an upswing is usually marked by a pick-up in the higher end of the Sydney and Melbourne market, which was also reflected in March home value index data,” Ms Owen said.

In March, Sydney’s premium eastern suburbs jumped by 3.1 per cent, and in Melbourne, monthly home values rose fastest in the expensive inner east, lifting by 1.3 per cent. The tiered hedonic index also shows a strong recovery trend in the top 25 per cent of home values across the capital cities according to CoreLogic.

Sales volumes also recovered strongly, jumping by 10.4 per cent month-on-month through March, although still down year-on-year by about 16 per cent according to CoreLogic.


Reserve your place and join me and 55 like-minded property investors at the next 
Real Estate Investing Fast Track Weekend!

Reserve-my-seat-now

Seats are strictly limited so book NOW in order to avoid future disappointment…


I look forward to meeting you at the event!

Yours in Success,

KONRAD BOBILAK

Dear Fellow Property Investor,

Let me ask you something.

Do you have a game plan for 2023?

Or will you simply sit on the sidelines and wait for a clear market recovery to take place before you start buying investment properties?

Will you watch savvy, educated, market-ready investors snap up all the bargains at the bottom of the Melbourne property cycle (which in my opinion by the way has already bottomed out in November 2022), or will you join them?

You see all the economic indicators are pointing to the Melbourne property market starting to slowly move into the next phase of the property cycle. Not only is inflation down to 6.8 percent in February, and continuing to decline….but also we are having a record number of new migrants about to enter the country, all on landscape of low volume of stock offered for sale, by both owner occupiers and developers alike!

You see…

The Albanese Government is reportedly planning for a total of 650,000 new migrants to settle here by mid-2024.

Combined with estimates for next year, this means a total of 1.2 million extra people will be living in Australia in June next year compared to five years earlier.

The floodgates are being opened to skilled migrants, international students, and those coming for family or humanitarian reasons, even though Sydney and Melbourne (home to more than half of those who have come to Australia in the last 20 years) have ultra-low one percent rental vacancy rates.

SQM Research managing director Louis Christopher said surging immigration would make it even harder for people looking for a home to find accommodation, with weekly rents in Sydney soaring by 25 percent during the past year compared with 22 percent in Melbourne.

This unprecedented influx of skilled migrants, and international students will put a great amount of pressure on the capital growth of properties, as well as increases in rental yields!

Great news for property investors!

Bad news for tenants, and first-time home buyers.

So, what will you do about it?


What are you waiting for? 

Reserve your place and join me and 55 like-minded property investors at the next Real Estate Investing Fast Track Weekend!

Reserve Your Seat Now

Seats are strictly limited so book NOW in order to avoid future disappointment…


Ultimately, you will be placing yourself into one of the following categories;

1. The Analytical Compulsive Information Gatherer; usually coming from a technical industry such as engineering, science, or medicine, these property investors will spend months and years conducting market due diligence, analysing charts, and crunching numbers.

They tend to read lots of property books, attend workshops, and frequent property investing forums and chatrooms….

Most experience ‘analysis paralysis’, due to so many opposing views that exist in the industry on what constitutes the best way to invest, and in most cases, they end up not investing at all…spending years on the sidelines waiting for the perfect time to invest…which never eventuates. 

2. The ‘Get Rich Quick’ Gambler; this group of people usually come from a direct selling background, or multi-level marketing, and have a general interest in ‘alternative’ medicine, alternative energy healing, health and fitness, green drinks, and love conspiracy theories.

This group is very open-minded, and has a great sense of urgency built to get results NOW! Many of these people have undertaken extensive personal development, and hence believe that anything is possible…including becoming a multi-millionaire overnight!

This group of people tends to make impulsive investment decisions and in most cases is not afraid to jump in first! 

In a lot of cases they end up losing money by investing in Gold Coast properties, Cash flow positive properties in Mining towns, US properties, European holiday apartments, etc.

3. The Comfort Zone Investor; makes up the vast majority of the property investor market in Australia today, or 72.8% of investors who have one investment property. 

This group of people tends to be the PAYG middle class, they are skeptical about attending or spending money on seminars or any type of personal development, books, or courses as they claim it’s ‘just common sense’….or you can just ask your accountant or financial planner for advice…

Most of these investors are structured incorrectly, and have no idea about how to conduct any type of property or market due diligence or cash flow analysis and end up buying one property, within 3 to 5km of where they live…their ‘comfort zone’, and in most cases, the property is comparable to the one they live in themselves.

4. The Active, Savvy Property Investor; makes up a small percentage of the entire Australian population, in fact, only 0.9% of all property investors end up owning more than 6 investment properties.

The active savvy property investors come from all walks of life and have varying amounts of income, education, and age groups…but they do have 1 thing in common, and that is a SYSTEM!

You see, developing and implementing a SYSTEM is the single difference between success and failure when it comes to the world of property investing.

By Attending the 2-Day Live Real Estate Investing Fast Track Weekend you will learn a proven system that has worked for thousands of successful property investors to successfully build large property portfolios….

And it comes down to the following 4 things;

1. Cultivating the right investor PSYCHOLOGY

2. Developing the right tailor-made PLAN

3. Developing a team of EXPERTS around you, and 

4. Understanding PROPERTY SELECTION METHODOLOGY!

So, if you have been sitting on the sidelines watching other property investors around you going from strength to strength then you need to book yourself into the next Real Estate Fast-Track Weekend live workshop!

Real Estate Investing Fast-Track Weekend

Reserve your place and join me and 55 like-minded property investors at the next
Real Estate Investing Fast Track Weekend!

Reserve Your Seat Now

Seats are strictly limited so book NOW in order to avoid future disappointment…

I look forward to meeting you at the event!

Yours in Success,

KONRAD BOBILAK

Investors Prime

Interested in learning more about property investing in Australia? Please visit our main website InvestorsPrime.com.au for loads of free resources, articles, videos and more to help you on your investing journey.

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