'Bagging a bargain' easier in December, investors told

Investors looking to boost their portfolio should consider the buying and yield opportunities in the market during December, according to one property educator.

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Cash flow can help investors keep afloat in the short term. For Helen Collier-Kogtevs of Real Wealth Australia, the golden standard is yields of at least 6 per cent.

“If you’re going to go for cash flow, just make sure it’s delivering on the cash flow so that you don't end up in financial stress at some point,” Ms Collier-Kogtevs said to Smart Property Investment.

At the moment, the market for cash flow is currently pointing towards properties in capital cities.

“I’m seeing on a daily basis now some great deals that are coming through. Properties that are selling at $600[,000] are now getting kind of high $4[00,000]’s, properties up in the mill[ion]s are now getting in the hundreds of thousands; so there’s certainly plenty of opportunity for investors,” she said.

Following this, Ms Collier-Kogtevs also said she has identified that a rental boom is set to occur across the country, with trends already pointing to a rental boom occurring in both ACT and Hobart.

It is this current environment with building supply declines and less-savvy investors being scared off that has resulted in investors with rental properties increasing their cash flow by bringing up their rents.

“If they haven’t done it for a while, they certainly should be doing it now,” she said.

These comments follow Ms Collier-Kogtev’s previous comments that currently, the market is right for investors to be buying property.

“I see it as a fabulous time to for those that have already got their finances sorted, their budget sorted, they’ve got a savings plan, … their credit files are clean, so they’re paying their bills on time, because that’s now becoming more important,” she said previously.

“I feel now’s a great time, especially over Christmas when there aren’t as many buyers around, it’s a great time obviously to be bagging a bargain.”

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