Forking out $15 mill for a home?  Wham!

Forking out $15 mill for a home? Wham!

The housing market may currently be in slight decline, but some homes are still listing for quite the pretty penny.

Originally up for grabs for a neat $5.8m in 2010, a Palm Beach ocean front villa in Sydney has tripled in value over the past 13 years.  But that’s not all that makes it noteworthy.  Aside from its obvious picturesque locale, this little piece of prime real estate was once home to none other than British pop star, George Michael.

Now a popular summer rental, the northern suburbs pavilion-style luxury home fetches a nightly tariff of two grand.  That’s not a bad passive income earner!

Of course, in this case, you very much get what you pay for.  It features travertine stone flooring, Miele and marble kitchen décor, 5 king-sized bedrooms with balconies, 5 bathrooms, a media room, wet bar, heated infinity plunge pool, and off-street parking for 3 cars.

Dubbed as Sydney’s most exclusive suburb, the median house price in Palm Beach is $5.175m.  That’s up a whopping 56% in 3 years!  But you’d certainly have to have your bank account wits about you.


Now let’s turn to GSA for a moment.


You don’t actually need millions of dollars to buy high-earning, premium real estate.  For a fraction of this price, you can invest in luxury apartments and townhouses in some of Melbourne’s most affluent locations.  What’s more, you can enjoy bigger, better returns that will set your super or savings up considerably faster than your average investment opportunities.

Think multi-storied residences, secure basement parking, deluxe fittings and appliances, direct lift access, ultra-modern designs, large terraces and courtyards, city skyline views, enviable locales and lifestyle opportunities, and capital growth beyond your imagination.

There’s more to property investment than getting slammed in the face with outrageous prices and even more appalling returns. Come and ask us how we do it.

Best Places to Retire in Australia

Best Places to Retire in Australia

Ahhh … retirement. Is it some far-fetched dream that seems largely unfathomable to you right now? Or is it lurking in the shadows just over the horizon? Maybe it snuck up on you sooner than you expected. Whatever your situation, choosing the perfect spot to settle in for the last quarter is one of the most important decisions you’ll ever make.

Of course, the ultimate goal is to find somewhere that fits in with your lifestyle and gives you access to everything on your retirement bucket list.

Sometimes circumstance dictates where you’ll live. But for those lucky enough to take your pick, here’s the latest lowdown on where you could finally lay your hat.


Caloundra, QLD


A popular Sunshine Coast retirement destination, Caloundra’s sunny weather and proximity to the city, have seen it in the running for decades.

It offers relative value for money compared to its bigger cousin, Noosa, but is still an all-round exciting place to live. It also boasts a mild all-year climate, uncrowded beaches, and plenty of land & water activities.


St Helens, TAS


This is small-town, laid-back living by the ocean at its finest.

Known for its excellent game fishing & bird watching opportunities, it also offers a much milder climate than the rest of Tassie.

It features more affordable housing, outstanding seafood, and the Bay of Fires right at your doorstep. With its clear, blue seas, brilliant white beaches and striking orange boulders, it’s a highly coveted lifestyle locale.


Nelson Bay, NSW


Ticking many a retirement box, Nelson Bay revels in its stunning coastal location, established foodie scene and a plethora of water activities, including swimming with the dolphins.

This breathtaking area is much more affordable than Sydney and offers a host of retirement village options. Plus, it provides excellent seafood and dining, including Rick Stein’s new Bannisters restaurant.

With close to half its population classed as older couples and families, it’s easily become one of NSW’s retirement hotspots.


Of course, if you’re wondering whether you’ll have enough to retire comfortably, you may want to look at ways to grow your super faster. That’s where we can help. Have a chat with one of our team today.

Make yourself a magnet to money

Make yourself a magnet to money

Imagine having the wherewithal to play landlord to the likes of a US president.

That’s precisely what Aussie investor Steve McKnight did. Boasting a $140 million portfolio, he’s not only leased his properties to everyday Australians; he’s also proudly added the Barack Obama feather to his cap.

Once a fellow member of the dreaded rat race, this former, overly worked accountant was able to cleverly replace his entire salary with passive income from property investment.

And he’s written a book on how to attract this sort of wealth for yourself.

Because he’s the first to admit that the ongoing stress from the daily grind quickly takes its toll on your health.  His doc even told him it was likely to “send him to an early grave”. So, something had to give.

That’s when he did some thorough research and made the change.

He started back in 1999 when he co-purchased a three-bedroom house in Ballarat for a mere $44,000. Three and a half years later, he already had 130 properties under his belt!

His prior suffering helped him realise that people right across the globe have been doing it just as tough.  And he was only too eager to share his insights so that others could experience the same financial freedom.

Here are his top four tips on how he was able to retire by the ripe old age of 32.


1. Don’t rely on the age pension

Working your whole life like a dog only to end up on the age pension isn’t right. You need to find a different way to manage your money if you expect a different outcome. The sooner you do this, the better off you’ll be.


2. Change your beliefs

You might have an ingrained “poor” mindset without realising it. Perhaps outdated ideas based on what your parents and grandparents believed was right. But if you want to achieve more financial success than they did, you’ll need to update your programming.


3. Invest, don’t hoard

Yes, you need savings – but having savings won’t make you rich.  You need to find a way to multiply them to create substantial wealth. You want absolute financial freedom, not just the temporary feeling of being wealthy because you own stuff.


4. Pay it forward

Using your money to help others will attract a reputation and more opportunities to level up the calibre of people in your circle of influence. This creates further opportunities for creating financial abundance.


So, if you’re serious about growing your wealth, and are keen to start as soon as possible, come and talk to us.  Together, we’ll be a force of financial energy to be reckoned with.

Imagine being led by Generation Z

Imagine being led by Generation Z

Whether you’re a go-getting Gen X-er or brassbound Boomer, you probably think you’ve figured out this whole financial game by now. What would these younger generations know? Surely you could teach them a thing or two! How could any of these young whipper snappers possibly know something you don’t?

Well, you might have fallen down a few money-zapping rabbit holes in your time that you could have avoided. Maybe you didn’t realise you were even falling. Or perhaps you did these things simply because that’s what everyone has always done.

You followed all the rules, right? You went to uni. Got a good job. Bought a car.  Bought a home. You worked hard, sacrificed your downtime, accumulated some super. But you still don’t seem to be ahead of the game.

So, how is it that Charlie Ehlers from … you know … Gen Z, managed to save a whopping $200,000 by the time he was 26?!

The answer is simple. He set himself three very significant financial goals: learning about investing, spending smarter, and working full-time while studying. And he reckons there’re some key areas where people unwittingly fall down with their money. As unorthodox as some may sound, this is what he has to say.


1. If you don’t yet have the money, don’t buy it.


Forget Buy now-Pay later schemes. You can’t afford it.


2. Don’t pay for a designer brand just because it’s a brand.


There’s plenty of other great quality stuff out there for much less.


3. Unless it’s a cash-flowing asset, don’t buy a home.


Wait until you have the cash flow to fund it.


4. Don’t go to uni unless you’re sure you want that profession.


Otherwise, it’s just wasted debt in fees.


5. Have pre-drinks at home before going out.


Don’t waste hundreds of dollars on bar prices.


6. If you can afford it, finance your car rather than buy it.


If car finance costs only 5%, but you can invest 10% instead, you’re in front, not debt.


7. Rein in the food delivery service.


It may be convenient, but there are far more cost-effective ways to eat.


8. Don’t scrimp on good bedding.


Rather than constantly replacing cheap stuff, buy quality from the get-go. Plus, sleep has the biggest impact on your health.


9. Always round up the dollar when paying friends back.


Not only is it bad form not to, but it’s also a case of what goes around comes around.


Are you guilty of any of the above financial misdemeanours? Perhaps there’s some sound advice here you can pass on to your kids or grandkids.

If you’d like further guidance on growing your wealth, get in touch with us. We’ll show you how to lead the way.

The 7 deadly threats to property growth

The 7 deadly threats to property growth

Investment property provides a fantastic opportunity to make a tidy profit.  That is, of course, if you do your homework and buy at the right time, in the right location.

But although there are many long-term benefits to owning a piece of real estate, it can also be fraught with risk.  And quite often, the threat is entirely outside the investor’s control.

The current market presents no exception to this general rule.

Economists are keen to point out several factors that could jeopardise growth in both private and commercial sectors.


1. Rising rates

Undoubtedly, interest rate hikes are causing much concern among residential property owners.  But commercial confidence has been shaken too, preventing businesses from making assured decisions.  This may see fewer lease renewals for landlords.


2. Working from home

The work-from-home trend has created better lifestyle opportunities for private residents.  But it’s left a gaping hole in the CBD commercial sector, with tenants feeling uneasy about signing long-term leases.  This is not good news for landlords.


3. Inflation

Residential owners are being very cautious about spending.  But this has had a knock-on effect in the retail space, too.  Businesses are suffering because no one is buying.  They’re then at risk of needing to close their doors.


4. Energy costs

It’s without question that rising energy costs are hitting residential households hard.  But businesses are having to put their prices up to cover the cost of commercial rates too, making it harder to keep afloat. In turn, they may opt out of their lease.


5. Prolonged vacancy

With the increase of commercial costs, tenants may default on their lease or need to vacate.  Landlords clearly don’t want to be footing the bill for long-term vacancies.  And even though private vacancies are rare, landlords still need to find tenants willing to pay the soaring rental prices.


6. Tighter credit controls

It’s truly a banker’s game.  If the economy worsens, the first thing they’ll do is increase their lending criteria. This creates enormous challenges for investors in either sector.


7. Changing occupancy

Tenants are definitely spooked.  They may not be able to afford to maintain a lease agreement and want out.  That has them angling for shorter leases and break clauses – which would pose even greater financial danger for landlords.


So, if you want an investment that lowers the risk, guarantees the profits, and is gentle on your savings, let’s chat.  We’re all about keeping growth alive and protected.

Spring may not have sprung this year

Spring may not have sprung this year

Usually, around this time of year, housing auctions get a bit frisky.  As primed to blossom as the fresh October buds, the property market is eager to unfurl in all its glory.

Except for this spring.

The current climate seems to have frozen some investor momentum.

While listings have picked up despite the rate rises, buyers remain somewhat gun-shy.  And although volumes are up 68.1% from last year, it’s likely due to the flurry of COVID restrictions that were in place.

Even with increased choice for buyers right now, there are still many factors that may dissuade them from actually sealing the deal. Rising interest rates, high inflation, and affordability constraints will likely sway consumer confidence.

New Core Logic data shows the combined national residential property value dropping from $9.8 trillion to $9.7 million at the end of August.  That’s everything to write home about!

So it seems that, even though buyers and vendors are coming to price agreements, it’s all still a bit tentative.

Investor season will likely recover as the market finally acclimatises.  But it’s better to be ready for the unexpected, especially when you have a mortgage hanging over your head.  Or you’re desperately trying to save for that ever-elusive deposit.

That’s where we can help.

Our investment model allows you to spend less of your savings upfront and watch them quickly multiply.  It also takes on all the risk and crunches all the numbers to give you the best possible outcome.

Of course, we need to move with the market flow and supply chains, too.  But it sure takes the headache out of all the hard stuff.  And it gives you the golden opportunity to invest wisely without schlepping around town, hoping the next auction will be yours in the bag.  We’ll help put the spring back in your step without you even having to leave the house!