Welcome to another edition of our Client for Life newsletter.
I am delighted to announce the launch of a new Solid initiative. From this Newsletter onwards, I will be profiling a suburb each edition within the ‘donut’. I have decided to start with Elwood, that today has a median house price of $1,235,000 and apartments of $548,000.
Returning amazing capital growth, the suburb languishes with rental returns on the whole. Please take the time to read the profile and as always I welcome your feedback.
Solid is steadily growing at a pace of 3 – 4 new clients per week. With this type of paced growth, we are able to offer our clients the care and attention that they need to ensure the correct structure and decisions are made for their investment portfolio.
There is an absolute surge in market sentiment for investing. It is the strongest that I have seen since I started Solid in June of 2009. Almost every client coming to see us today are driven to secure their financial future and retire well.
My biggest challenge remains the same. To find the best properties for my clients. Sarah-Jane and I are on a real drive for the south-eastern suburbs. The increase in land prices are making smaller developments almost unprofitable for Developers and the strengthening of Asian investors and the associated crazy prices that they are prepared to pay for land, is also making this conundrum more challenging for Developers.
Many of our earlier clients who came into the program in 2009 – 2011 are now purchasing their second or third investment property. This has driven us to focus more on the Sydney market and we look forward to announcing two new, exciting developments coming into the fold over the next few months.
In closing, I would like to stress the importance of keeping up your annual reviews with me. We are achieving much more success with clients who return each year for reviews. We are really looking at the 360 degree view of investing, focusing on cash flow and retiring well.