AUSTRALIAN WEALTH BUILDERS WITH OPENCORP: How much do you need to start your property investment journey?

16 APR 2021 • By Reporter • 1 min read • Investor Strategy

In this episode of Australian Wealth Builders with OpenCorp, Cam McLellan and Michael Beresford discuss the misconception that investing is just for the rich often due to potential investors having a local market bias.

The property investment duo discuss the importance of exploring options to get into the market sooner, with a booming market seeing savers struggle to keep up with growing house prices.

Cam and Michael also talk about the potential lifestyle impacts of buying property with it often being less than investors think.

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RELATED TERMS

Investment

An investment is an asset or item purchased with the expectation that it will generate income or appreciate in value in the future.

Property

Property refers to either a tangible or intangible item that an individual or business has legal rights or ownership of, such as houses, cars, stocks or bond certificates.