In this conversation, Luke and Sam discuss the importance of yield and how it varies across different markets. They explore the concept of relative growth and the factors that contribute to a suburb's performance.

They also touch on the limitations of macroeconomic forecasting and the value of taking a long-term view. Luke shares insights from his research and emphasizes the need for a scientific and data-driven approach to investing.

Sam highlights the key metrics he uses in his investment strategy, including smart median house prices, annualized growth forecasts, inventory levels, vacancy rates, and gentrification scores.

EPISODE HIGHLIGHTS:

• Relative growth is a key factor in suburb selection, and it's important to consider the relative merits of one suburb compared to another.
  
  
• Taking a long-term view and learning from historical patterns is more reliable than trying to predict specific events or market timing.
• A scientific and data-driven approach is essential in investing, focusing on universal patterns rather than short-term trends.
  
  
• Key metrics to consider include smart median house prices, annualized growth forecasts, inventory levels, vacancy rates, and gentrification scores.

 

ABOUT THE HOSTS:

Sam Powell is a certified property investment advisor and registered property valuer with an illustrious career helping people save and make millions of dollars through property investing.

Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.

The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.


ABOUT THE GUEST:

Luke Metcalf is the founder of Microburbs.com.au and is at the top of Australia's Property Data world With over 3 decades of experience as a data scientist. 


RESOURCE LINKS:
➥ Property Pals Website - https://www.propertypals.au/
➥ Property Pals Website - https://www.propertypals.au/coaching
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources 


Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.

See omnystudio.com/listener for privacy information.