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Building stability through asset selection

26 FEB 2024 By Robyn Tongol 1 min read Investor Strategy

A British expat shares how he’s grown an Australian property portfolio to draw eight income streams through five carefully selected investment properties.

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On this episode, host Grace Ormsby speaks with Tim Watson, a Turramurra-based investor who began his property journey in 2006, shortly after making a big move from Berkshire, in the UK. He shares how his first property purchase – a Gold Coast unit bought for less than $200,000 – served as the jumping off point for a portfolio that is now worth $6 million, and the lessons it taught him about asset selection.

Tim shares his thoughts on asset diversification and cash flow, and explains how he has explored opportunities such as granny flats and dual-income properties to maximise rental yield and bolster stability from market fluctuations.

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RELATED TERMS

Asset
An asset is any resource owned by an individual or entity that provides economic value for a future benefit.
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