{"id":6518,"date":"2015-12-04T01:00:50","date_gmt":"2015-12-03T14:00:50","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=6518"},"modified":"2015-12-04T01:00:50","modified_gmt":"2015-12-03T14:00:50","slug":"top-regional-markets","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/","title":{"rendered":"Top regional markets &#8211; Simon Presley"},"content":{"rendered":"<p>Australia is a country with a very sizeable land mass and it\u2019s usually only the big profile cities which get mentioned in property market commentary. Today <strong>Simon\u00a0Presley,\u00a0<\/strong>\u00a0from Propertyology,\u00a0 identifies some regional markets that are well worth investigating for good returns.<br \/>\n&nbsp;<\/p>\n<h4>Transcript:<\/h4>\n<p><b>Kevin<\/b>:\u00a0 Well, Australia is a big country, and if you look around the country, you\u2019ll notice that a lot of the focus for property investors is on the cap city markets, mainly because most people choose to live in those capital city markets. But look outside those, and there are some really interesting regional markets. Even if you drill down further, there are some really interesting smaller regional markets.<br \/>\nThat\u2019s the focus of this conversation that I\u2019m about to have with Simon Pressley from Propertyology.<br \/>\nSimon, I notice that amongst other areas, you did have a look at Tasmania. Hi. How are you?<br \/>\n<b>Simon<\/b>:\u00a0 I\u2019m very well, Kevin, and you?<br \/>\n<b>Kevin<\/b>:\u00a0 Good, mate. So Tassie is one of those markets that you\u2019ve looked on, you\u2019ve given to us as a very good example?<br \/>\n<b>Simon<\/b>:\u00a0 Yes. We picked the local government authority of West Coast \u2013 which is North West Tasmania, Kevin \u2013 just to highlight one of literally dozens of examples to property investors of locations right throughout Australia where they have a small population base but are very, very affordable typical property price point that have actually performed, in a lot of cases, a lot better than high-profile cities.<br \/>\n<b>Kevin<\/b>:\u00a0 Is there a typical population size that you look at, Simon?<br \/>\n<b>Simon<\/b>:\u00a0 No, not really. West Coast, for example, the whole region has only got a population of 4500 people, which is small, really. I guess the most prominent town within West Coast is Strahan, which is quite a sleepy, popular tourist attraction. It\u2019s very, very scenic, and its industry is really cottage tourism with a little bit of agriculture around it. But a typical three-bedroom house in Strahan today, Kevin, would cost around about $130,000.<br \/>\n<b>Kevin<\/b>:\u00a0 What sort of return would you get for that?<br \/>\n<b>Simon<\/b>:\u00a0 How does 11% rental yield sound for you?<br \/>\n<b>Kevin<\/b>:\u00a0 Oh, that sounds pretty good to me. No worries with vacancy? There are still plenty of people wanting them?<br \/>\n<b>Simon<\/b>:\u00a0 Yes, that\u2019s the risk with these things, I suppose. When you have a small population base and the property does become vacant, I guess that increases the chances of a prolonged period of vacancy, and then that\u2019s probably a bit similar to a commercial property investing where a typical vacancy rate is 15% or 16%.<br \/>\nThat is a risk, but that\u2019s also balanced by the holding costs. The properties themselves are so affordable, the holding costs are so much smaller than in these bigger-profile cities.<br \/>\n<b>Kevin<\/b>:\u00a0 What are some of the other examples you have around Australia where the small fish can be a lot sweeter?<br \/>\n<b>Simon<\/b>:\u00a0 So to put some context around the thing, West Coast that we\u2019ve just been talking about, it\u2019s had a total return of 20.5%. That\u2019s average annual capital growth and rental return over the last 15 years.<br \/>\nLet\u2019s look at some other parts of Australia. Barcaldine in Central Queensland has got a typical property of about $152,000 for a three-bedroom house. The population in Barcaldine is only 3500 people, but yet it\u2019s had a total return of around 20% over the last 15 years.<br \/>\nFurther south in Victoria, there\u2019s a little regional town called <b>[3:14 inaudible]<\/b>, which is really dairy country, not far from the Great Ocean Road. $162,000 for a typical three-bedroom house and an 18.2% total return.<br \/>\nThere are dozens of these all around the country.<br \/>\n<b>Kevin<\/b>:\u00a0 How do we find these locations, apart from doing the hard work ourselves? Do you make them available on your website?<br \/>\n<b>Simon<\/b>:\u00a0 We haven\u2019t published a report as such. We have put the one about West Coast, which is titled \u201cSmall Fish are Often the Sweetest,\u201d up on the Propertyology website to get a bit of a rundown of it. The intention is just to really stretch the property investor\u2019s imagination about what\u2019s really available out there.<br \/>\n<b>Kevin<\/b>:\u00a0 Yes. If you\u2019d like to know a little bit more and you\u2019d like to contact Simon Pressley and his team, you can do that through Propertyology.com.au. There\u2019s lots of great information there, and you can contact the boys directly.<br \/>\nSimon, thanks for your time.<br \/>\n<b>Simon<\/b>:\u00a0 My pleasure, Kevin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australia is a country with a very sizeable land mass and it\u2019s usually only the big profile cities which get mentioned in property market commentary. Today Simon\u00a0Presley,\u00a0\u00a0from Propertyology,\u00a0 identifies some regional markets that are well worth investigating for good returns. &nbsp; Transcript: Kevin:\u00a0 Well, Australia&#8230;<\/p>\n","protected":false},"author":176692471,"featured_media":14925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,11,13,17,25,27],"tags":[101],"class_list":["post-6518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-investment","category-sponsored-channels","category-trends-topic","tag-podcast"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Top regional markets - Simon Presley - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top regional markets - Simon Presley - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"Australia is a country with a very sizeable land mass and it\u2019s usually only the big profile cities which get mentioned in property market commentary. Today Simon\u00a0Presley,\u00a0\u00a0from Propertyology,\u00a0 identifies some regional markets that are well worth investigating for good returns. &nbsp; Transcript: Kevin:\u00a0 Well, Australia...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2015-12-03T14:00:50+00:00\" \/>\n<meta name=\"author\" content=\"rolanrush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rolanrush\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/\"},\"author\":{\"name\":\"rolanrush\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"headline\":\"Top regional markets &#8211; Simon Presley\",\"datePublished\":\"2015-12-03T14:00:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/\"},\"wordCount\":747,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"podcast\"],\"articleSection\":[\"Kevin Turner\",\"Kevin's Update\",\"Latest Stories\",\"Property Investment Topics\",\"Sponsored Channels\",\"Trends\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/\",\"name\":\"Top regional markets - Simon Presley - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2015-12-03T14:00:50+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/top-regional-markets\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Top regional markets &#8211; Simon Presley\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. Anywhere, Anytime.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\",\"name\":\"rolanrush\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"caption\":\"rolanrush\"},\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/author\\\/rolanrush\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Top regional markets - Simon Presley - Realty Talk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/","og_locale":"en_US","og_type":"article","og_title":"Top regional markets - Simon Presley - Realty Talk","og_description":"Australia is a country with a very sizeable land mass and it\u2019s usually only the big profile cities which get mentioned in property market commentary. Today Simon\u00a0Presley,\u00a0\u00a0from Propertyology,\u00a0 identifies some regional markets that are well worth investigating for good returns. &nbsp; Transcript: Kevin:\u00a0 Well, Australia...","og_url":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/","og_site_name":"Realty Talk","article_published_time":"2015-12-03T14:00:50+00:00","author":"rolanrush","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rolanrush","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/#article","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/"},"author":{"name":"rolanrush","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"headline":"Top regional markets &#8211; Simon Presley","datePublished":"2015-12-03T14:00:50+00:00","mainEntityOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/"},"wordCount":747,"commentCount":0,"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/#primaryimage"},"thumbnailUrl":"","keywords":["podcast"],"articleSection":["Kevin Turner","Kevin's Update","Latest Stories","Property Investment Topics","Sponsored Channels","Trends"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/","url":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/","name":"Top regional markets - Simon Presley - Realty Talk","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/#primaryimage"},"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/#primaryimage"},"thumbnailUrl":"","datePublished":"2015-12-03T14:00:50+00:00","author":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"breadcrumb":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/channels.realty.com.au\/realtytalk\/top-regional-markets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/channels.realty.com.au\/realtytalk\/"},{"@type":"ListItem","position":2,"name":"Top regional markets &#8211; Simon Presley"}]},{"@type":"WebSite","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website","url":"https:\/\/channels.realty.com.au\/realtytalk\/","name":"Realty Talk","description":"Your Trusted Voice For Property Investing. Anywhere, Anytime.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/channels.realty.com.au\/realtytalk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d","name":"rolanrush","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","caption":"rolanrush"},"url":"https:\/\/channels.realty.com.au\/realtytalk\/author\/rolanrush\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/6518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/users\/176692471"}],"replies":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/comments?post=6518"}],"version-history":[{"count":0,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/6518\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/media?parent=6518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/categories?post=6518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/tags?post=6518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}