Hibernian Wealth Australia | Property investment firm

Hibernian Wealth Australia

Phone: +61 499 073 002

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25.01.2022 Here come the next Dual Occ packages........ what could you do with an extra 16K per year? #16Kgoesalongway

23.01.2022 Posted this over a year ago. Numbers are even better now. Rate cuts and rental increases have these properties performing at over 16K CF+ NET per annum. That's 16K of extra income you can use to pay down debt faster. Really powerful outcomes can be achieved if you have the patience to stick with this for @15 years .... Might be faster for some, but just about everyone can own their home outright within 15 years if they follow this approach. Then they can use the mortgag...e money to get well ahead of the curve for retirement. Don't misunderstand. This is not a get rich quick scheme. You need to be committed to a patient , sensible, month in and month out cash flow and debt reduction plan, over the next 15 years or thereabouts. It is pretty much set and forget , and it will set you up for a great retirement if you just let it do its job. #16Kgoesalongway

21.01.2022 CMS Plastering finished another gyprock job for us. The boys even put in extra hours and worked over the weekend to get this done!

18.01.2022 We get one question a lot.... how do I build an investment property portfolio so I can eventually retire and live off the rents? Funnily enough, it may surprise you to learn that in spite of all the years of amazing capital growth that residential property has achieved here in Australia , very few investors have been able to achieve this goal. Very few investors reach retirement with adequate incomes. And if you are wondering why, the answer is actually very simple; ca...sh flow and debt reduction. Resi property investors pretty much ignore it - almost completely. Instead, they chase growth, in the belief that they will strike it rich and that equity will somehow pay the bills. It will not. We believe that if you want to retire with an adequate income stream from your property portfolio, you need to pay off your properties. And you need to do so without having to fork out thousands of dollars every year to prop them up. That is money that can be used elsewhere- to add to superannuation, or diversify into other asset classes. We believe it is far smarter to focus on regional Dual Occ's in NSW. ie Houses + granny flats. They will provide you with TWO rental incomes. They will cost you about the same as a 1 or 2 bedroom apartment in Sydney or Melbourne or Brisbane, but instead of running at a loss each year they will generate 15-16K CF+ running Interest Only .. or if you prefer to pay them off as we recommend, run them at P&I instead. They will comfortably self service and pay themselves off. There is also the added advantage that you can hold several of these types of properties and stay under the NSW land tax thresholds which are $734K for 2020 . Maximum borrowing capacity will also be better with these sorts of assets as well, due to the higher rental yields... you may still hit a servicing ceiling but it will be a much higher ceiling than you'd have available if you focus on buying vanilla yielding metro stock ... and over time, as debt is retired because you are paying them off, borrowing capacity will restore itself far quicker than with vanilla metro yields... Think of it like a dividend reinvestment plan. You buy assets that produce a dividend. You reinvest the dividend in paying down the debt. Eventually it leaves you no debt and a very large income stream. Manage your cash flow and debt reduction and you give yourself far better prospects of a comfortable retirement.

16.01.2022 Still true . Common sense never stops making sense.

16.01.2022 Our partners at Prestige have delivered another two Dual Occ's in Goulburn. Our clients are extremely happy with the result and the cash flow they are going to generate is going to make them even happier!!!! Get in touch if you think 16K of extra income ( and yes that is NET not GROSS, meaning it's after all taxes and expenses) would help you out as well.... 16K goes a looooong way

13.01.2022 MORE great news for our clients, who trusted us and followed us to Orange over the last 3-4 years. They are seeing great rewards now for their trust. With a population of @ 40,000 people, Orange has seen 984 residential sales in 2020. That is the 3rd most in the country! Only Port Macquarie and Surfers Paradise saw more sales and both have significantly larger populations and are coastal hotspots for retirees. Orange is an inland regional, and is a true tree change ...destination. Our investor clients are seeing very strong growth as a result of this, and rental vacancies have have plunged, resulting in extremely strong cash flow on the Dual Occ's we delivered for them there .... Winner Winner!!!! Our current location of Goulburn is set to do the same in the coming years as it grows rapidly... and it is even closer to Sydney and Canberra than Orange. https://www.domain.com.au//the-top-30-suburbs-in-austral/

12.01.2022 And....just as we predicted a couple of weeks ago, investor fixed rates are now also getting cheaper..... Westpac and STG are first to market with some nice rate reductions of between 0.20% and 0.40% for investor fixed rates. If you are holding investment properties on Variable Rates ( whether they are Interest Only or Principal and Interest) you are almost certainly paying over 3% . Closer to 4% with some lenders. That sounds cheap, but in these strange times it isn't .... The RBA has gone all in with it's emergency rate cuts and now we are seeing crazy cheap fixed rates on offer. Don't ignore them. The maths are very simple; changing from a variable rate with a 3 in front of it to a fixed rate with a 2 in front of it will lower your repayments. That saving can be used to make extra repayments on your home mortgage instead, so that you spend the same amount each month but pay off more debt, potentially saving you quite a chunk of change over the next few years... #smarterthantheaveragebear

12.01.2022 Cheap 4 year fixed rates coming thick and fast.... but only for Owner Occ P&I deals so far. No reductions for investors anywhere to be seen.... yet

11.01.2022 The Vacancy Rate in Orange NSW has now plunged to 0.4%. Our Dual Occupancy investors are reaping fantastic increases to their rental yields ( both of them) as a result . Their properties are producing at least $13,000 per annum of surplus, after tax cash flow. They are able to use that money to make extra repayments on their mortgages and pay down debt much faster than they would otherwise be able to. Our current location for Dual Occupancy is Goulburn NSW , and it has ...seen its vacancy rate plunge to 0.8% , so we expect the same strong rental increases there as well. Our Goulburn investors are already achieving over $16,000 per annum of surplus, after tax cash flow...so low vacancy rates mean it's only going to get better! Love getting it right for our clients, and love proving the naysayers wrong over and over again. #cashcowskilldebt #16kgoesalongway https://www.propertyobserver.com.au//116318-vacancy-rates-

10.01.2022 Land prices in Orange are surging. Up by over 100K in just 12 months .... our investor clients who have been purchasing our Dual Occ's over the past 3 years will see significant uplift from this, in addition to their already amazing cash flow. Our focus now is Goulburn, where rental yields are already 20% better than Orange and where we expect the same results in land growth.... get in touch if you'd like to get on board early and ride the same wave....

09.01.2022 We are releasing our next tranche of Dual Occ beauties in the next few days ..... watch this space

07.01.2022 We told you so...many times..... Orange is the new black . And there's plenty of legs left in the place, still . Massive money being invested in mining expansion ...and that means lots of high paying jobs. The thing about these particular types of regionals is that they cannot keep up with the demand for new housing - either for buyers or renters. Just a few hundred people moving there for well paid jobs each year drives things along . Covid and the work from home arrange...ments it has created will only accelerate the number of tree changers as well.... so its only going to get harder for these sorts of locations to keep up with demand, and that means more price rises and higher rental returns. Goulburn will be next, as all the wind and solar farms scheduled to start there in the next few years attract money and deliver high paying jobs... and its very close to Sydney and Canberra, so watch it go gangbusters once people cotton on to it https://www.realestatebusiness.com.au//20188-central-west-

06.01.2022 Our Dual Occ program for Goulburn is now SOLD OUT. We had a significant number of buyers who missed out as they didn't move fast enough..... but land prices have jumped quite a bit so it's time for us to look for a new location . As always, attractive land prices, low vacancy rates and strong rental yields will be our drivers. Watch this space for our next Dual Occ location in early 2021....

06.01.2022 Well, this just made my day.....

04.01.2022 3D walkthrough of a recent Dual Occ build in Goulburn. This is the 4 bedroom house with ensuite and media room. https://my.matterport.com/show/?m=RffoZtfuhBJ