Dec 6, 2020
Episode 3: Hitting the road in Karrinyup (under $850k)
This week, Gavin Hegney takes Jamie for a drive through Karrinyup to look at three properties that all come in under $850k. While the trio look similar on the surface (comparable block size, price and all in the same suburb), one property was a standout if you're following the three golden rules. There was a 'penny drop' moment for Jamie, as Gav explained how one of the properties could fast-track your financial position, ahead of the other two.
3.30 "This one meets the three rules and it's helping you move from Karrinyup to Trigg in ten years time because it's accelerating your financial position over and above the average"
8.25: "You could easily be talking about $500,000 difference over ten years." (Gav talking about the potential difference in returns over the next decade between the three Karrinyup homes)
14.50: "Take a drive and find the right pocket within the suburb... it's a matter of choosing the right pocket and the right scarcity component." (Gav talking about the importance of suburb pockets over 'hot now' suburb lists)
15.45: "If you want to get a feel for the area, slow things down. Have a walk or ride through the area... chat to some people, speak to the neighbours, they know more about the area than anyone."