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Orange’s first timers quick for deposit
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Orange’s first timers quick for deposit

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First time buyers in Orange take a year less than the Australia-wide average to save for a deposit, the Central West NSW Economic Update has found.

Orange’s homebuyers on average took 3.2 years to save their deposit, the ‘Recent Development in Construction and Development’ economic forum heard.

Nationally, the average was said to be 4.1 years.

“The tight housing market is fuelling property investment here and will continue to do so for the next year,” Bankwest Limited senior economic analyst Tim Crawford told the forum.

According to RP Data, the median house price in Orange is $295,000 with an average annual growth of 9 per cent.

The national median house price is $410,000.

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podcast

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Purchasing their first property 15 years ago with the intention of creating a property portfolio which would see them comfortably supported during their retirement, Max and Jeanette Schudeboom now have a portfolio of 13 properties.

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Max and Jeanette joins  host Phil Tarrant to discuss their property journey, compare the Australian market to Max’s home town of Holland, and share their plans to maintain the size of their portfolio.
 
 The pair also unpack how they manage and finance their portfolio, discuss the process they go through when choosing where to invest, and share the tips learned from 15 years as property investors.




If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn.


If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!



RELATED AREAS OF INTEREST:


Two components of good investment research
How this investor diversified her property portfolio
Should rentvestors eventually buy a principal place of residence?


AREAS MENTIONED:


Castle Hill
 Point Cook
 Elizabeth East
 Huntfield Heights
 Mt Warren Park
 Albury
 Cambridge Park
 Penrith
 Braemar
Morayfield
 Melbourne
 Mill Park
 Edens Landing


 
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Having to split her time between Hong Kong and her original base of Sydney has not slowed Julia Tita’s goal of building a high-performance Australian property portfolio. Instead the resulting alterations to her strategy have positively impacted her investing success.

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Having recently purchased her 6th property, Julia joins host Tim Neary to discuss her journey, share her ups and downs over the years, and reveal her thoughts on why some properties are better than others. 

Julia also explains why she no longer makes a move without the help of a buyer’s agent, why working with a strong team of specialists is extremely important and discloses her long-term property ambitions.




If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn.


If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!



RELATED AREAS OF INTEREST:


Why is Australian property so unaffordable?
Brisbane infrastructure attracts international interest
Going global
Australia desirable to foreign investors



AREAS MENTIONED:

Eagleby
 Charters Towers
 Townsville
 Brisbane 
 Paddington
 Sydney
 Orange
 Melbourne 
Glen Iris
 Bondi

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How a move to Hong Kong impacted Julia’s Australian property goals

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