Best Areas To Buy Property In 2022 & 2023 | Australian Housing Market Best Data REVEALED! 💰

[@AusPropertyMasteryWithPK]

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[@ralphpeterson6806]

Great content, videos like this and insight from an expert goes a long way.

[@finntomkins6825]

Well said, their insight is vital, that's why I am now being coached by one, Edwin Earl, a financial adviser.

[@marciapalese1037]

I have seen some reviews of Edwin Earl on multiple forums, does he have a discord?

[@kathywesley6283]

@@finntomkins6825 hello Finn, is there a way you can link me to him? i would also like some assistance.

[@finntomkins6825]

investwithearl

[@finntomkins6825]

via telegram

[@vunique3683]

Perth opened today the metronet link to the airport , that is so great ! i love w.a and houses compare to other states are much more affordable. i do not understand why people feel it is at the end of the world, some people re locate overseas, so mooving to w.a is really next door. don't like melbourne , wheather is very depressing, not keen on queensland too humid , love tasmania landscape but too cold for me , so perth is as close as my mediteranean paradise .

[@mtgrabbitwizard1679]

Would you recommend selling a house and buy a bigger or better located house right now in adelaide? I am wondering if it's smarter to instead buy another house in 9 months time and just stay put...

[@ripeminds4149]

Not sure how I got on this video but glad I did! Perth still has massive potential ,as a home owner in south Perth the demand for housing is still high but still can definitely get a good deal only 20 mins away from the CBD if you look hard enough

[@joncandyfliprecords]

Kent - I fucking love Perth. Not to invest! It's just a great place to live, and with a 6-8 month Summer, anyone from Melbourne would just drool if they bothered to actually visit the place.

[@marcoschena99]

It's funny how people are obsessed with the top and bottom of the market, its not a flight to the USA, and in the long term it does not matter. Ask Aunty Betty if she regrets buying in Sep 1964 at $64k rather than $63k in Jan 1965 (made up numbers), fast forward 60 years, now worth $1.3m. Did it matter??

[@margyrowland]

He’s absolutely right about rents in Playford SA increasing. It’s suffered the “Northern Suburbs” low economic stigma for decades. I’m still amazed to see $500+/week. Prices are way too high if we suffer a sustained recession. 60year old Housing Trust single maisonettes are selling for $350K (you got both of them a few years ago) but I reckon it’s the land size averaging 600sqm, not the building. Buyers are bulldozing and rebuilding and/or subdividing. Life is tough for many SA citizens.

[@pavsanto]

This video is Gold. Thank you so much Kent and PK ..

[@AusPropertyMasteryWithPK]

Hope you’re well my friend

[@pavsanto]

@@AusPropertyMasteryWithPK Im doing well PK, thanks for asking😊. Your videos are on top of my notification list. The kind of information you guys offer for free on social media is just awesome PK..

[@AusPropertyMasteryWithPK]

@@pavsanto good to hear! 🙏🏼

[@va9790]

Thanks PK for your efforts in inviting such knowledgeable people like Kent Lardner. Enjoyed watching the video and admire how both of you are down to earth people :)

[@AusPropertyMasteryWithPK]

Thanks :)

[@SS-kf2hx]

What about central coast? Woy woy/ gosford

[@ljyangmiaolin5014]

Thanks for all the recent videos, you have put out some very high quality videos lately. Thanks for the effort👍

[@AusPropertyMasteryWithPK]

Thank you!

[@patmalone77]

Of you are on Centrelink the rental cost is closer to 40%_ 50% of income 30% would be a dream. Lower income families are struggling in the rental market.

[@gandalf2256]

Then get off your arse and get a job

[@last_samurai6690]

Ken mentioned Perth as a great city for nomads. Is it any better than Adelaide, for owner occupier or even for investors? I am torn between the two. Adelaide is closer to the rest of Australia but Perth has a waiver for stamp duty for houses under 430k

[@AusPropertyMasteryWithPK]

Hey maybe search him and ask on LI? My 2c is on affordability Perth is miles ahead of Adelaide now 👍🏼

[@last_samurai6690]

@@AusPropertyMasteryWithPK thanks Pk. Yeah houses in Perth seem to be a wee more affordable than Adelaide. Plus for FHB, there is no stamp duty up to 430k , saving them over 20k for the same house price in Adelaide. Definitely tempting, all other things being equal, ie proximity to the east coast etc, timezone issues cause even for remote workers thats a big consideration, etc.

[@AusPropertyMasteryWithPK]

@@last_samurai6690 keep into account income relativity between the two cities, not just house prices

[@chookie131]

So true PK about Townhouses. I bought my first property old school townhouse in Robertson (built 1980) in 2019 for $303k. I fully have renovated it too to toe - New value recently done $550-600k. Happy days

[@mrrberger]

Bank Loans affordability are based on 35% of income and long term property growth is about 7% so a rental income in the mid 20's gives a balance between rent to own. Totally agree borrowing capacity will be the driver for the next 17 years, then we'll see the transition of property via generational asset liquidation.

[@capmarketer5038]

Sales of luxury homes are fewer so dips and peaks are based off fewer data points, so by definition they're sectors are more volatile peak to trough. And since home prices have been detached from wages for decades, borrowing capacity (ie debt) being cheap and available is the key for growth in areas that most extreme.

[@dsinghr]

my suburbs for Melbourne are 1) Mount Waverly 2) Glen Waverly 3) Burwood 4) Blackburn and 5) Ringwood. Stick to 3 bedroom townhouses. Superb areas with everything nearby. Simply high quality of living.

[@malaykiri2456]

Mount Waverley is quite comfortably the next obvious choice for the priced out buyers who can’t buy in Glen Waverley. Moreover the Glen Waverley Primary school which in most cases is the driver for house price in the suburb, has lately fallen off the cliff with its ratings and hiped performance. New home buyers / investors are soon realising the value Mount Waverley offers in comparison. 4/3/2 configurations in a sub divided block of 2 or 3 town houses are the most in demand for family of 4 or 5 and you’ll be sorted for rest of your life without worrying to upgrade/downgrade in future.

[@jeanvonbarberode2377]

All of those suburbs are pretty expensive, the growing suburb and agents call this as a sandwich suburb is Carrum Downs an Frankston North. Big land still available in those established suburbs, close to Mornington Peninsula, beaches, Train, shops, schools, highways everything close. But the best is the growing value of the house, Carrum Downs homes grew about 18% this year to 650-700K.

[@georgequek7996]

I had bought all my apartments in 2017 with very good rentals now in perth and cheers guys !! 🍻🍻🍻🍻

[@jennibstudios8245]

And yet “Gods Country “ the Hawkesbury where large land lots great people the housing is cheap dam is being built (big construction) wasn’t mention . Great show 😊

[@dariusjwright]

Homes should not be treated as an investment or a market for building wealth. Home are for living in not for profits.

[@andersonptf]

Priceless information here. Thanks PK!

[@stewiejonza1363]

Where are the best sites to go to find the best data for buying a investment property? I want something I can look at to figure it out myself as buying agents prices are a little steep

[@rossisaacs4604]

The yields in tweed your joking rite. It’s well over priced. Toowoomba is good yields not Gc

[@hollygano372]

Talking about the national rental crisis, how do you feel about Airbnb PK? I want positive returns but I don't want to do Airbnb as it takes up housing stock that could be for residents of the area. Given you mentioned the social issue and you seem to be an honest & ethical guy, I would love to hear what you think of it.

[@AusPropertyMasteryWithPK]

It honestly takes up 2% of rental stock.. so it’s not really that meaningful.. politicians make a big deal out of air bnb

[@kelvinjames6344]

Kingston south East south Australia house cheaper than robe south Australia but closer to Adelaide

[@kelvinjames6344]

Lithgow near Sydney lack of rentals and they doing highway upgrade

[@syammohn]

Another great Value video PK and Kent.. great stuff

[@AusPropertyMasteryWithPK]

Thanks my friend.. hope you are well!

[@Cheehooo]

Just like Kent said, Melville city council is a great area to buy, especially around the train station (areas such as Bull Creek, Kardinya, Bateman). It’s close to the CBD and of course the top public high school (Rossmoyne and Willetton).

[@manickramasubramania9000]

Hey Joey Melville -Not for an average investor at the least. Would you concur? The positive cashflow is highly unlikely unless you put a huge deposit.

[@pankajbhavnani80]

PK, what's wrong with Westend

[@AusPropertyMasteryWithPK]

Oh I was meaning in terms of always risk of oversupply of appts

[@jacksonsaunders734]

First 😎

[@puneetgulati2009]

Great Video ! 👍🏻

[@thedudebro168]

Abolish negative gearing.

[@Sambigs9112]

Wouldn’t be saying that if you owned a couple

[@glensafari9241]

Thanks again for your time to share with us

[@AusPropertyMasteryWithPK]

Thanks!

[@cla8cris]

Schofields will become the new version of Mount Druitt

[@grantdurrington2194]

Except Mr Druitt is public housing and Schofield is not