Property Investment Articles

Why Aussie property alone won’t get you to financial freedom

Hi everyone. Salena Kulkarni here from Phoenix Wealth Group. In today’s short video I want to talk about what is becoming the biggest pain for Australian property investors in today’s market. So there’s no doubt in my mind that investing in property is one of the most lucrative ways of creating substantial wealth in one’s lifetime. Has been for the last 20, 30 years and maybe beyond. But what’d definitely apparent right now is that there’s a massive discrepancy between the income that the average Australian earns, and the cost of real estate. Combined with the fact that it’s a very crowded marketplace, its making it exceptionally difficult for people to get wins.

What I would say to you is also occurring is because of the way the metrics are working, it means even if you held a reasonably good asset here in Australia out right, by the time you take out all your costs of holding that property the cash flows are dismal. So let’s imagine you own a one million dollar property in a primo area. Let’s say you get a reasonable yield on that earned income stream of say five percent. That sounds pretty good. But by the time you take out your costs, that five percent can often to one to three percent.

Now if you ask me to tie up a million dollars and return, one to three percent is not a great return. So my feeling right now in the market is you’re doing the same old strategies and earning anywhere from one to three, maybe four percent, you’re really doing yourself a disservice. Now is the time to be considering alternative strategies where you can boost cash flow in a safe and conservative way, but you can do it without having to follow what everybody else is doing. The same old methodologies that have been used time and time again are not working anymore.

If you’re interested in this topic, and you’d like to find out more, please get in touch, Salena@phoenixwealthgroup.com.au otherwise reach out on Facebook or LinkedIn.

P.S. – Whenever you’re ready, here are 4 ways I can help you grow your wealth.

1. Fast Track - If you are ready to accelerate your investing results and get help with a personalised plan, then find a time in my calendar and let's get you started. Book Now.

2. Nearly Ready - Jump onto our next webinar and go deeper into some new frameworks that open up the world of alternative property investing and understand how to amplify your investing results. Register Here.

3. Not quite ready - Jump into our private Facebook group and become part of our community of investors who want information and insights into how to fast-track their property investing. Join Us.

4. Want more info - Grab part of my amazon best-selling book 'The Freedom Warrior'. It's the roadmap to getting accelerated results with your investing in the shortest possible time. Grab A Copy.

Related Posts

The Formula for Financial Freedom

Hey everyone, Salena here. I want to talk today a little bit about one of the real commandments of being a freedom warrior in the mastermind that I run, and that is that a freedom warrior knows that financial freedom is achievable. Now, if you ask the average Joe...

read more

Ferocious about Wealth?

The biggest challenge that I see with business owners is apathy. They don’t care enough, and they are not fierce enough. One of the things in my relationship with money is interesting. Because in some ways I’m not particularly attached, I see it as a fantastic tool to...

read more

What do you need to do to find killer deals?

And this is what I’m saying, that this stuff, It’s taking me a lifetime to figure this one out, there’s no one teaching it. No one in Australia I know that got across this stuff, it’s about the network that you build and have an interest in it. Time, energy,...

read more

Why business owners are frustrated with their investments?

So here’s the challenge right now in Australia. The market feels wobbly assets are standing still and the runway, feels like it’s getting shorter. And what we are all worried about is that we are going to fall short on our expectations. None of us wants to get to a...

read more

As Trusted By

LET’S CHAT

Call Us

(+61) 2 6100 3688

Email Us

Address

7 MacPherson St O'Connor ACT 2602 Australia

PO Box 6049 O'Connor ACT 2602

Business Hours

Monday - Friday 9:00 AM - 5:00 PM

GET IN TOUCH

  • This field is for validation purposes and should be left unchanged.