How young Aussies can build their property portfolios in 2026: A step-by-step guide
Tran says strong market fundamentals have been keeping property prices growing despite interest rate hikes, but warns that rising prices and stagnant wages will limit borrowing power, making income growth essential.
He highlights shaping strategies around factors such as loan-to-value ratios, guarantor support, and lenders mortgage insurance, and encourages buyers to look beyond local markets for affordability.
First-time investors should understand their finances and work with a broker to identify suitable properties. Tran names Western Australia, Queensland, and South Australia as hotspots, noting Melbourne may offer value after slower growth.
Tran also cautions against high-supply apartments with large strata fees and overstretching on programs such as the 5 per cent Deposit Scheme.
Ultimately, the duo urge first-time investors to avoid hesitation and FOMO-driven choices, focus on education and preparation, and seize opportunities amid market uncertainty.