INTEND TO BUY PROPERTY NEXT 12 MONTHS
This is Jason, aspiring real estate tycoon
For Jason, property investment has become more than sound financial planning, more of a hobby, possibly an obsession.
Every spare moment is dedicated to calculating the value of his portfolio, the rental yields from his tenants and his current loan capacity.
JasonĀ is a discerning buyer, he reads a lot of property listings so can separate the wheat from the chaff.
"I need high yield properties to pay off my interest payments."
JasonĀ is open to renovations, if he can buy a fixer-upper quickly then offload it at a profit. He'll outsource the labour though, every day the property is not generating rent is wasted.
Jason isn't just a buyer, he's a seller as well. He's looking for a long-term relationship with his real estate agent.
He's open to new builds or older constructions, residential or commercial; whatever delivers the highest yield.
$109,000Average household income
3.2Average household size
$155Weekly supermarket spend