Invest
Investors need structured, technology-based approach to data to succeed
Investors who want to be in the top decimal of property investors are being advised to focus on big data as a means to differentiate themselves from the rest of the group.
Investors need structured, technology-based approach to data to succeed
Investors who want to be in the top decimal of property investors are being advised to focus on big data as a means to differentiate themselves from the rest of the group.
During a conversation with nestegg’s sister title Smart Property Investment, EG Fund’s CEO and founding director, Adam Geha, discussed how, now more than ever, the use of data can help investors get ahead.
He explained that the old “gut check” approach is still relevant, but big data allows for wiser decisions to be made when it comes to property.
“I’m suggesting one of the things you need to be doing is looking at a structured, technology-based approach to data.”
“Data is proliferating, it is now very timely, it is coming out weekly, sometimes daily, and it can significantly improve your decision making,” Mr Geha noted.
He also explained that the asset class is actually very forgiving, with the majority investors able to get ahead without having to create complex strategies.
“Australian real estate is actually a very kind playing field in that it generally rewards most of the players,” he said.
“It does that because we have a fundamentally strong economy that is well governed, that is transparent and peaceful, with strong population growth.
“So, you don’t need to be particularly smart to make lots of money in real estate,” Mr Geha explained.
Mr Geha said he is often asked by friends who are not professional investors about buying property.
“They ask me: ‘What should I do? Should I invest in a property interstate or do something outside of my expertise?’
“I often say, ‘I like the first million dollars of net wealth outside of your home to be invested in residential’, an asset class we all understand, ‘preferably in your hometown’,” Mr Geha said.
He noted that investors in it for the long term typically do not need to overreach to grow their assets.
“You don’t need to look left and right. Sydney will do very well if you give it a 10-year period.
“There has never been a 10-year period where Sydney did not deliver a 5 per cent plus compound capital growth in addition to a 3 to 5 per cent yield.
“When you leverage that at 70 or 80 per cent as you can do in real estate, you do supremely well.”
“I often think people try to complicate it. But what you’re really doing is taking a bet on Sydney, and Sydney has been very kind to investors who have taken a bet on it for the last 50 years,” Mr Geha noted.
About the author
About the author
Property
Poor wage growth could impede home price growth
With wages growth at record-low levels, a property expert has warned that continuing low and flat wages could impede home price growth. ...Read more
Property
Negotiating a lower interest rate on your property loan
The banks are customer hungry, meaning they’re willing to offer increased discounts to new customers and apply these discounts to existing customer loans, a mortgage broker has said. ...Read more
Property
How to determine the real value of a property
With various factors affecting market value and pricing, can one truly predict what buyers will pay for properties? ...Read more
Property
House prices tipped to soar 20% in 2 years: Westpac
House prices in Sydney are tipped to grow by 20 per cent over the next two years, and by 18 per cent in Melbourne, as a leading economist predicts strong economic growth following the rollout of the C...Read more
Property
5 tips to unearth the next property hotspots
A property expert has bullishly claimed that property hotspots are a “complete myth” that almost guarantees buyers will pay top dollar, and has instead urged buyers to seek out the “warm spots...Read more
Property
Top 10 inland rural towns to invest in
While it’s become apparent that regional housing markets have stolen the spotlight, having outpaced their capital city counterparts in 2020, new research has shown that inland rural towns have also ...Read more
Property
Where to buy under $300k
A positively geared property with high capital growth potential does not necessarily need to carry an astronomical price tag, an expert has said, with new market entrants able to land a home for under...Read more
Property
‘Great Australian dream’ of owning a home lives on amid COVID
Most Australian investors and home buyers were largely undeterred by the events of 2020, remaining eager to push through with their investment plans, a new survey has found. ...Read more
Property
Poor wage growth could impede home price growth
With wages growth at record-low levels, a property expert has warned that continuing low and flat wages could impede home price growth. ...Read more
Property
Negotiating a lower interest rate on your property loan
The banks are customer hungry, meaning they’re willing to offer increased discounts to new customers and apply these discounts to existing customer loans, a mortgage broker has said. ...Read more
Property
How to determine the real value of a property
With various factors affecting market value and pricing, can one truly predict what buyers will pay for properties? ...Read more
Property
House prices tipped to soar 20% in 2 years: Westpac
House prices in Sydney are tipped to grow by 20 per cent over the next two years, and by 18 per cent in Melbourne, as a leading economist predicts strong economic growth following the rollout of the C...Read more
Property
5 tips to unearth the next property hotspots
A property expert has bullishly claimed that property hotspots are a “complete myth” that almost guarantees buyers will pay top dollar, and has instead urged buyers to seek out the “warm spots...Read more
Property
Top 10 inland rural towns to invest in
While it’s become apparent that regional housing markets have stolen the spotlight, having outpaced their capital city counterparts in 2020, new research has shown that inland rural towns have also ...Read more
Property
Where to buy under $300k
A positively geared property with high capital growth potential does not necessarily need to carry an astronomical price tag, an expert has said, with new market entrants able to land a home for under...Read more
Property
‘Great Australian dream’ of owning a home lives on amid COVID
Most Australian investors and home buyers were largely undeterred by the events of 2020, remaining eager to push through with their investment plans, a new survey has found. ...Read more
More articles
Website Notifications
Get notifications in real-time for staying up to date with content that matters to you.
