City Unit VS Regional House! Which One Best Suits You?

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City Unit VS Regional House! Which One Best Suits You? - With Tim Watson

Рет қаралды 1,743

Күн бұрын

City Unit VS Regional House! Which One Best Suits You?
Backed by data analysis, this episode aims to challenge some common perceptions and highlight the potential benefits of investing in regional houses vs city units.
Buyer's agent and property investor, Tim Watson, is back on the show to walk us through some eye-opening data to help you choose which path is right for you.
Some key things to consider:
- Capital Growth
- Scarcity
- Yield
- Value-Add Potential
These factors are crucial, and when pieced together, they can help make sense of how the property market works.
After finishing this episode, you will be left with more knowledge and will be wiser because of it.
Always remember, choose wisely!
CHAPTERS:
00:00 - Introduction to the Debate: City Unit vs. Regional House
05:30 - Scarcity Factor: Impact on Property Prices
08:25 - Yield Analysis: Units vs. Regional Houses
12:41 - Value-Add Potential: Comparing Units and Houses
15:45 - Reasons for Unit Purchases: Affordability and Location Preferences
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Disclaimer: All discussions are general in nature and should never be considered financial advice, please seek your own professional financial advice. The content displayed on the website, podcast, and blog is the intellectual property of Pizza and Property. You may not reuse, republish, or reprint such content without our written consent.

Пікірлер: 17

@someguy4260 2 ай бұрын

Another great episode Todd!!! You have been on roll with the episodes on the topics i've been searching answers for!

@pizzaandproperty1246 2 ай бұрын

Awesome thanks mate! any requests? if we're doing our job right hopefully it's stuff we've already got in the works 🙂

@topshot2680 2 ай бұрын

Regional house data is clear but how do you interpret unit data, when the definition of unit is not clear? Like a unit is an apartment 1/300, flat unit 1/6, flute townhouse unit 1/x, duplex 1/2, triplex 1/3, quadplex 1/4, villa, offcut corner block unit etc

@pizzaandproperty1246 2 ай бұрын

Great question, All of the above I believe, while there might be a little bit of assumption in the data towards units the clear part is it does not take into account freestanding houses on there own Torrens title

@topshot2680 2 ай бұрын

Ah I see, Thank you ❤

@SkyNet1506 2 ай бұрын

Great topic!

@pizzaandproperty1246 2 ай бұрын

Thanks mate 🙂

@fragglerock5696 2 ай бұрын

Hey there, for someone on an average income that has managed to get 3 to 5 or more rentals, how are you guys budgeting and paying for the once a decade major maintenance expenses? .. like painting exterior ( approx$15k ) and /or paint interior ( approx$10k ) for instance.. and maybe a re roof ( $35k approx ) especially when say theres not a huge cashflow off the properties? Are they using personal savings or topping up the mortgages? These are major costs that each property will have at some stage.. and seems like once you have a few properties you need to have a decent cash fund ( savings ) available to call on when needed for these larger maintenance costs. How are other guys doing it? This has been an issue i havent found an answer for yet... I suppose just like any business you need cash at bank to run things properly... thanks very much.

@pizzaandproperty1246 2 ай бұрын

This is a great question mate! Personally if I’ve renovated the proeprty and replaced a lot of general parts ie new hot water, fixed structural issues I’ll put aside $30 per week for a maintenance fund, this gets dipped into if there’s small issues that need repair over the properties lifetime. In addition I have a cash fund of $5k per rental set aside for larger unexpected maintence, at the moment we have over $50k in an account for rainy day stuff that very seldom gets touched. It’s so important to crunch your numbers but it’s equally important not to get stuck refining the numbers to perfection in a way that stops growth. I’m sure there’s someone that could show why the way I do it is “wrong” but the action I’ve taken has helped me grow millions in equity over the past 6 years because I accepted nothing will ever be 100% de-risked Happy investing dude 🙌🏼😊🙌🏼

@fragglerock5696 2 ай бұрын

@pizzaandproperty1246 Appreciate the reply mate.. great to hear how you budget for that. Yes I budget similar to you for the smaller ongoing maintenance but most guys seem to gloss over the fact you also need a good amount of cash/finance available to call on when needed. Also appreciate your point regards hindering growth.. Cheers

@masterbaap1 2 ай бұрын

Love this feedback! I would be really interested in the data from Perth to regional WA :-)

@pizzaandproperty1246 2 ай бұрын

Great idea mate, any areas in particular?

@masterbaap1 2 ай бұрын

@@pizzaandproperty1246 Would be interesting to see the data from the wheatbelt (very affordable ) VS Perth. It looks like that the Wheatbelt did not get the memo that the prices are going up a lot! If people talk about regional WA it is all about the Bunbary style cities. Thank you :-)