[NEW VIDEO]: Victoria's New 2024 Landlords' Land Tax Explained: The Good, The Bad, and The Ugly!

You may need to pay land tax if you own an investment property, holiday home, commercial property or vacant land.

What is land tax?

Land tax is an annual tax based on the total taxable value of all the land you own in Victoria, excluding exempt land such as your home (principal place of residence).

Land tax is calculated using the site values (determined by the Valuer-General Victoria) of all taxable land you owned as at midnight on 31 December of the year preceding the year of assessment. 

You may have to pay land tax if you own, either individually or jointly with others:

• investment properties, including residential rental properties
• commercial properties such as retail shops, office premises and factories
• holiday homes
• vacant land.

Land tax assessments are generally issued between January and June each year. 

Land tax exemptions 

Land tax does not apply to exempt land such as:

• your home, known as your principal place of residence (PPR)
• your farm, known as primary production land (PPL)
• rooming houses and charitable institutions.

If you start leasing your home (your principal place of residence) or change your address, the exemption ends and you must notify the ATO immediately. 

Paying your assessment 

There are 3 ways to pay your land tax assessment – via credit or debit card, BPAY, or in instalments via AutoPay.

If you choose AutoPay, you can pay your land tax assessment in fortnightly, monthly or in four equal payments up to 38-weeks from the issue date on your assessment. AutoPay instalments must be set up annually as instalment amounts can change depending on your tax liability.

You can create an AutoPay arrangement via My Land Tax. It is important to pay or set up a payment arrangement on time to avoid late payment interest and recovery action. 

Land tax trust surcharge

Land held on trust for a fixed, discretionary or unit trust is generally assessed at trust surcharge rates of land tax. The trust surcharge does not apply to land held by an administration trust, an excluded trust or an implied or constructive trust.

The trust surcharge rates are higher than general land tax rates and apply once the total value of the taxable land held by the trust is $25,000 or more. When the total value of the taxable land is $3,000,000 or more, there is no difference between the general and trust surcharge land tax rates.

If you tell us about the beneficiaries of the trust, we may assess the trust at general rates and may also assess the beneficiaries for their interest in the trust land in any individual assessments they receive.

Absentee owner surcharge

If you are the trustee of an absentee trust, the absentee owner surcharge applies to the trust’s taxable land. The absentee owner surcharge is additional to the land tax you pay at general or trust surcharge rates.

The surcharge is 4% from the 2024 land tax year (previously 2% for the 2020-2023 land tax years, 1.5% for the 2017-2019 land tax years and 0.5% for the 2016 land tax year).

An absentee trust is a discretionary trust, a unit trust or a fixed trust, which has at least one beneficiary who is an absentee person. If you are the trustee of an absentee trust that owns taxable land, you must also tell us you are an absentee owner.

Did you know that Property Investors are swallowing up even more of the housing market?

In Australian politics there are relatively few issues outside of foreign policy that the two major parties can agree on. But there is one issue where both sides ostensibly agree: greater levels of home ownership.

In the run up to the last federal election, then Opposition Leader Anthony Albanese promised that a Labor government would help people achieve the “great Australian dream of home ownership”.

“For too long Australians who have worked hard have been locked out of the housing market by flat wages and rising prices, unable to even get a foot in the door let alone a roof over their heads,” Albanese said.

Opposition leader Peter Dutton shared similar views on home ownership with the press late last year: “the best way to empower Australians — to make them masters of their fate — is through home ownership.”

The leaders of the major parties sharing this view on home ownership is nothing new. Over 70 years ago there were debates in federal parliament not too dissimilar from todays, in which the leaders of the Coalition and Labor made their case on which party would do a better job building more new homes and getting more Australians into homes of their own.

Rhetoric collides with reality 
The peak rate of home ownership was recorded 57 years ago as part of the 1966 census, at which time 73 per cent of households owned homes. More recently, the Australian Institute Of Health and Welfare (AIHW) recorded a home ownership rate of 71.4 per cent in 1995. As of the latest data from the 2021 census, the home ownership rate has dropped to 66 per cent.

This raises an uncomfortable question for the nation’s leaders. After spending more than $20.5 billion on grants, concessions and other cash grants to first home buyers in the decade to 2021, home ownership rates have not risen, but instead have continued to decline.

Solely based on the decline in the proportion of households who own homes, there around 560,000 households who are renting today who would have otherwise been homeowners if the home ownership rate remained as it was in 1995.

Rise and rise 
Despite rising levels of home ownership being the stated priority of both the major parties their policies have achieved the polar opposite. The AIHW data instead illustrates a very different trend: the rise of the property investor.

In 1995, 18.4 per cent of households rented from a private landlord. As of 2020, 26.2 per cent rented from a private landlord and this is arguably somewhat distorted lower by the snapshot being taken during the pandemic.

If we extrapolate that on to the current number of households as determined by the ABS, private landlords have roughly 810,000 more tenant households today than they would have if the ratio of private landlord held housing to overall housing stock remained the same as 1995.

Today’s market 
According to data from the ABS, over the last 12 months 33.4 per cent of new mortgages for existing properties have flowed to property investors. In terms of new mortgages overall including construction loans and brand-new properties, that figure rises to 34.3 per cent.

By dollar value the proportion of mortgage lending flowing to investors recently hit the highest level since 2017, hitting a share of 36.2 per cent of all new housing finance.

With investors holding 26.2 per cent of occupied housing stock, this level of activity implies a growing proportion of the nation’s housing stock once more flowing to investors, unless otherwise offset by a much greater proportion of owner occupiers making fully cash purchases or investors selling out of the market at a greater rate than they are buying in.

Which raises the big question in all of this, how is the home ownership rate going to rise when the current set of incentives and policies have delivered 25 years of strong growth in the proportion of investor held housing stock instead?

Aspiration nation 
Both of the major parties like to paint themselves as the standard bearers for aspirational Australians, of folks who are trying to get ahead. But the simple reality is recipe for success is not what it once was.

In decades past, a household could work hard within the reality of their circumstances and work their way up to a median or well above median household income, then be able to purchase a home that reflected that.

In 1999, a household in the 80th percentile for income (higher than 80% of households), could purchase a home that was valued in the 80th percentile. Meanwhile the median earning household could purchase the median house. This is based a household having a 20 per cent deposit, additional cash for stamp duty and spending 25 per cent of gross income on the mortgage.

Today the median earning household can only afford 13 per cent of homes and even more affluent households in the 80th percentile are now competing for median priced homes. In states like NSW and Victoria its even worse. In NSW, households in the 80th percentile can only afford 1/3 of homes, while in Victoria less than half are affordable for these more affluent households.

Reality check 
Both Labor and the Coalition speak of hard work and the importance of home ownership, yet neither has the makings of a credible plan that would see home ownership rates increase back toward levels seen in the mid-1990s, let alone the all-time peak.

It was once said that doing the same thing again and again, and expecting a different result was the definition of insanity. After spending over $20 billion on first homebuyer support mechanisms over the past decade and actually lowering the home ownership rate during that time, it’s clear a different strategy is needed.

Ultimately, where we go from here is in the hands of the electorate. For decades political leaders have talked the talk on home ownership, then failed to walk the walk. Up until now that arguably hasn’t had a major political downside for the major parties, but with the issue of housing fast becoming one of the hottest in Canberra and around dining tables, one wonders if that will change.

Dear Fellow Property Investor,

Australian big city house prices are tipped to surge by more than a third during the next three years with Sydney's median price set to hit the $2 million mark.

The increases forecast between now and June 2027 would be even more significant than the price rises since the onset of Covid four years ago, which covered interest rates aggressively rising from record-low levels as immigration soared.

Oxford Economics Australia is forecasting that Sydney's median house price will hit $1.934million by June 2027, with Perth reaching $1million. 

The median price in Melbourne and Brisbane was also expected to reach seven figures during the same period as prices rose between a third and 43 per cent.

Even before the rate cuts, Australian home lending has increased 13.3 per cent during the past year in a sign buyers fear missing out on more price rises, new official lending figures released on Monday revealed. 

This means average-income earners on a $98,218 salary, and with plenty of savings for a 20 per cent mortgage deposit, are being urged to shop around now for a suburban house or inner-city unit under $640,000 to avoid missing out on the boom. 

Until the Reserve Bank cuts interest rates, possibly from late 2024, banks are only able to lend a borrower 5.2 times their pay before tax. 

But once the rate cuts start, banks will be able to lend more, leading to even higher prices, with values tipped to particularly soar at the more affordable end of the market.

'The November 2023 cash rate hike to 4.35 per cent is expected to be the last this cycle, with the next movement downward,' Oxford Economics Australia said.

'Anticipated interest rate cuts from late 2024, overlaid by a sustained housing shortage, are set to accelerate price growth in 2025.'

Australia's net overseas migration level hit a record high of 548,800 in the year to September but Oxford Economics Australia is expecting that to slow to 410,000 in 2023-24 and 250,000 by the 2026-27 financial year. 

'Net overseas migration is driving the current surge in Australia's population growth,' Oxford Economics Australia said.

'While three-quarters of new overseas arrivals enter the rental market, which relies on investor supply, there remains a channel that is adding to the competition for established properties.'

The more affordable end of the property market is tipped to soar as baby boomers downsize and those aged 30 to 45 look to escape rising rents.

'Strong growth in rents is likely having a spillover effect, encouraging some households to enter owner-occupation,' the report said. 

Price rises are tipped to grow by at weaker pace in cities like Adelaide and Hobart, that boomed during the pandemic but no longer receive a huge influx of interstate migration. 

Canberra, now Australia's second most expensive capital city market after Sydney, was tipped to slip into fourth place behind Melbourne and Brisbane by mid-2027 - even with a typical house price in the seven figures.

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!

Dear Fellow Property Investor,

With property prices reaching record highs across the country, the humble home has become the main breadwinner in many households. In certain suburbs, homes are earning multiple times the average wage.

National property prices hit new record highs in February, up 6.15% compared to a year ago, the fastest annual rise since July 2022, according to PropTrack.

For hundreds of thousands of Australians, that growth means their homes may have generated more income than their own salaries over the past year.

New analysis has used PropTrack's automation valuation model (AVM) to reveal the suburbs around the country where the median property price has grown by more than the average Australian wage.

According to ABS data released in February, the gross weekly ordinary time earnings for full-time adults was $1,888.80 in November 2023, which translates to average annual earnings of $98,218. Given the family home is exempt from the capital gains tax, an increase in value stretches even further than the average annual wage on a dollar-for-dollar basis. 

Almost 900 suburbs around the country saw their median property price grow by more than $98,218 in the year to February.

The suburbs that saw the steepest hikes in value were the premium pockets in capital cities, which is unsurprising according to PropTrack senior economist Paul Ryan.

"In exclusive suburbs the same percentage increase will lead to a larger increase in terms of dollar value. And remember too, some of those premium suburbs saw quite sharp reductions in prices in 2022 so this is prices snapping back."

But solid price growth also happened in more affordable areas, Mr Ryan added.

"Over the past year or so, we've seen even and consistent growth within cities. While we're still seeing strong demand and strong growth in premium suburbs, this is happening in more affordable suburbs too."

Melbourne property prices grew by a relatively modest 1.33% over the year, but in the exclusive inner-Melbourne suburbs of Toorak and South Yarra, houses gained $237,486 and $136,311 respectively.

Here are the suburbs in Melbourne where properties have earned the most this past year:

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!

Dear Fellow Property Investor,

Apartments are selling at a loss in Australia's two biggest cities even during a housing affordability crisis, new data shows.

Record-high immigration has pushed up house prices but more inner-city units are selling at a loss in already-overcrowded Sydney and Melbourne than anywhere else. 

An ultra-tight rental market and a digit-double surge in rents during the past year is also no guarantee that units will go up in value, especially if they are in a high-rise tower.

In the centre of Melbourne, 40.7 per cent of apartments sold at a loss during the December quarter - or 6.8 times the national average loss rate of 6 per cent, CoreLogic data showed.

Tim Lawless, CoreLogic's head of research, said oversupply was an issue in that part of Melbourne.

'Higher supply levels across the inner Melbourne apartments sector are likely to be a factor in this under performance, coupled with the preference shift towards lower density housing options though the pandemic,' he told Daily Mail Australia.

'Areas of inner Melbourne are now recording the highest population density of any region nationally.'

In the centre of Melbourne, 40.7 per cent of apartments sold at a loss during the December quarter - or 6.8 times the national average loss rate of 6 per cent, CoreLogic data showed (pictured is the Docklands area near the city) - and 98 per cent of loss-making sales were apartments.

CoreLogic noted that 98 per cent of loss-making sales were apartments, even though sellers in the Melbourne City Council area had held on to their apartments for an average of nine years and eight months.

Losses are more likely to occur in areas where apartments were built during the 2010s, when interest rates were lower and building activity was much stronger.

This has led to an oversupply of apartments in some areas and in some cases, quality issues.

'Unit supply was particularly elevated in the mid-to-late 2010s, buoyed by a high concentration of investor participation in the housing market and structurally falling interest rates,' CoreLogic said.

In Melbourne's city centre, the median apartments price is $473,483, or 28.2 per cent less than greater Melbourne's mid-point apartments price of $607,473.

Despite the tight rental vacancy rate, North Melbourne's apartments prices fell 0.3 per cent during the past year to $505,702. 

Apartments are even cheaper at Flemington with a median unit price of $410,528. 

But at Docklands, they are a bit dearer at $592,863, which would still be attainable for an average-income worker on $98,218.

In the neighbouring Port Phillip City Council area, 21.3 per cent of apartments sold at a loss, with this densely-populated area covering bayside St Kilda where the median apartments price is $530,584.

In Windsor, the median apartments price plunged by 6.2 per cent during the past year to $512,633. 

Next door in the Stonnington council area, 27 per cent of apartments sold at a loss.

This covers South Yarra, a suburb with a median apartments price of $579,182, following a 4.2 per cent decline during the past year. 

In ultra-upmarket Toorak, the mid-point apartment price fell by 3.4 per cent over the year to $1.033million.

So my advice is do not buy apartments in Melbourne CBD just yet…unless you are taking on a ultra long-term investment horizon and plan to hold them for 20 to 30 years!

If you have enjoyed this short email, then I encourage you to reserve your place and join me and 55 like-minded property investors for the next Real Estate Investing Fast Track Weekend for 2024!

Click HERE to reserve your seat now!

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.

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!

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?

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!

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!

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,

Did you know that Melbourne and Sydney have officially entered the beginning of the growth part of the next property cycle?

This CoreLogic graph perfectly captures the cyclical nature of the Australian property market – and suggests we may be entering another growth phase.

The share of Australian suburbs that recorded price growth over a rolling three-month period rose from 18.7% in December to 34.6% in March.

As the graph shows, the market started booming in late 2020, and, by early 2021, almost every suburb in Australia was experiencing quarterly growth.

The market then cooled sharply from early 2022, but this downturn appears to have bottomed out in October when 16.5% of suburbs posted quarterly growth.

Since then, the share of growth in suburbs has been trending upward.

So the first million-dollar question is…

Are you market-ready to take advantage of the prevailing circumstances?

And the next million-dollar question is; 

Do you have the skills and knowledge to correctly identify the best-performing suburbs in Melbourne in 2023 right now? 

Or will you simply wait by the sidelines and see other savvy property investors snap up the best opportunities?

Now I know what you are thinking…

But Melbourne is very expensive now, as the average 3-bedroom townhouse in the bayside area or the eastern suburbs costs between $1.5 to $2 million dollars.

And yes, that’s very true. 

So If you have a budget of only $700K, where do you buy?

Well, the answer is in suburbs that are currently going through the process of gentrification!

The bad and ugly ducklings of today will become the trendy-hipster suburbs of tomorrow.

Case and point; Brunswick 20 years ago, Carlton 20 years ago, St Kilda 20 years ago, Northcote 20 years ago, and Yarraville 20 years ago, just to name a few.

Take Northcote for example, known as the poster boy of the Gentrification phenomena in Melbourne, from 2011 to 2023 Northcote boomed!

In Northcote West, the median income is now $1216 per individual, an increase of 62 percent from 2011. In Northcote East, the median leaped 55 percent over the decade to $1130.

Footscray and Yarraville were also suburbs that were showing similar signs of gentrifying. Wealth has also increased rapidly in Thornbury, the median weekly income has risen from $641 in 2011 to $1041 by 2021, an increase of 62 percent.

So where are the Gentrification suburbs of tomorrow?

Join me for an exclusive 1.15-hour video where you will discover advanced property investing strategies to use in the current market to identify, with laser-like precision the best-performing Gentrification suburbs of tomorrow!

You will also learn specific real estate finance and due diligence methodologies that will give you the confidence and skills to start building your property portfolio as soon as you finish watching the video;

Many of you will be thinking right now…’ have I missed the boat? Especially on Suburbs experiencing Gentrification?

Well not really….

One of the most fundamental principles of property investing in Australia is to appreciate that the market moves in distinct cycles which are characterized by periods of strong capital growth and demand for properties, through to periods of a flat-lining market, following periods of distinctive falling median prices, lower demand for properties, and a decline in property prices. 

The general rule of thumb is that these property cycles last 7 to 10 years, and can be segmented into 4 main parts, the ‘Peak of the Market’ being the shortest of the four; 

1. Peak of the Property Market – High capital growth, auction clearance rates of 85% plus.
2. Decline of the Property Market – Declining capital growth, auction clearance rates dropping from 80% to 60% and 50%.
3. Bottom of the Property Market – Extended periods of low capital growth, auction clearance rates of 45% to 50%. 
4. Growth of the Property Market – Increasing capital growth, increase demand for property, increased auction clearance rates, 55% to eventually 75%.

Would you like to know exactly where Melbourne or Sydney is located right now on the property clock?

I will be revealing the location of our major property markets on the property clock during this video. 

Plus…

I will also reveal my TOP 10 Gentrification Suburbs of Tomorrow, those that are destined to experience double-digit capital growth over the next decade!

In fact, one of these suburbs is booming right now, and no one is noticing or even talking about it in the mainstream media.

The main thing to remember is that money is made by both the timing of the market, and of time in the market. 

Finally, for those of you with deeper pockets, I will show you the top ten suburbs in Melbourne that have consistently hit double digits in Capital growth over the last 10 years, and more importantly, the top 10 areas that will have the highest potential to outperform the rest of the property market in 2023 and over the next 5 years!

I will also show you the exact type of properties, i.e. house and land packages, townhouses, or apartments to target in these areas, and why….this section will surprise many of you. 

So what are you waiting for?

Check out this video NOW!