[Podcast] Rising Holding Costs: Is Property Investment Still Worth It? With Stuart Wemyss

Today we discuss a topic that many property investors across Australia are concerned about.

Considering the rising cost of holding investment properties, is it still worthwhile to invest in real estate?

Joining me is Stuart Wemyss, a respected independent financial advisor, author, and founder of Pro Solution Private Clients, and together we're going to be exploring the reasons behind some of the escalating holding costs, the impact on investors, and whether property investment really continues to be a sound long-term strategy.

Stuart will also share his thoughts on how investors can mitigate some of these costs and what the future holds for our property markets.

So, whether you're just starting out and not sure about all the negative news you're hearing, or you're a seasoned investor and just want some confidence to keep going, this episode's packed with valuable information you're not going to want to miss.

Mitigating rising costs and achieving growth

Stuart shares practical strategies and insights to help you navigate these turbulent times and make informed decisions to secure long-term growth in your property investments.

• The rising costs associated with holding investment properties in Australia
  • Interest rates
  • Land tax
  • Insurance
  • Compliance costs
• Whether property investment remains a viable long-term strategy despite increased expenses
• The impact of holding costs on property investment returns over 20 years, considering factors such as average capital growth rate and interest rate
• The importance of maintaining a long-term perspective and disciplined investing

Making good initial investment decisions by buying the right property to ensure long-term success

• Comparing property investment to shares
  • The benefits of gearing, lower volatility, and tax efficiency
• The need for both a cash flow business and a capital growth business to sustain and grow wealth
• Life expectancy trends and their implications for retirement planning

Whether you're looking to mitigate rising costs or aiming to optimize your long-term returns, the insights in today’s conversation will help you navigate the complexities of the real estate market and achieve financial growth.

Links and Resources:

Michael Yardney

Stuart Wemyss – Prosolution Private Clients

Stuart’s Books – Rules of the Lending Game & Investopoly

Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us

Some of our favorite quotes from the show:

“We know how compounding works. So, in fact, in the 20-year period, more than half the return is going to occur in the last five to seven years, it's like that lily pond.” – Michael Yardney

“You said you make your money when you buy property, and I agree. But it's not because you buy cheaply, it's because you buy the right property and in my mind, it's easy to outperform the averages.” – Michael Yardney

“If you make a big mistake, have a negative experience and you return to the same situation hoping to get a different outcome, then you're doomed for failure, aren't you? So much of the drama that people go through in their careers, in their personal life, in their investing is avoidable if they listen to the signs the first time around.” – Michael Yardney

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