A step-by-step guide to house & land – Ironfish Melbourne CBD
WHAT IS THE WHOLE PROCESS FOR BUYING HOUSE AND LAND?
Gain insights on:
- How to invest in house & land step by step: from contracts to finance, build process and timelines
- The key benefits of investing in house and land
- The pitfalls to avoid when buying house and land
- Real life examples and success stories from one of Ironfish’s top property strategists
- How to take advantage of the current Covid-19 buyer’s market and short-term temporary offers
Speaker:
Will Mitchell (Head of Property, Ironfish)
Will leads Ironfish’s Research & Listings team, and travels regularly speaking with the nation’s leading developers, research firms and financiers to gain a clear picture on each of the capital city markets.
In his early 20s, Will was in a career that left him uninspired, and as he set to the task of considering different options, he started reading about property, having always had an interest from a young age. After consuming a significant number of books in a very short period of time, he realised this was something he was truly engaged with. So, he studied a Masters of Property Development, secured his first job in the industry, and started saving towards his first investment. This journey eventually led him to Ironfish.
“The Ironfish culture is incredibly supportive. It’s fantastic to be surrounded by a group of colleagues who are passionate about what they do and most of whom are active investors or working towards their first purchase. Investing does have its challenges and everyone questions their investments from time to time; whether the hot water system needs replacing or a tenant moves out – there’s always a reason to want to get rid of an investment. But having the positive reinforcement and encouragement from people around me is quite powerful and acts as a strong reminder to hold onto property long term. Consistent and ongoing education is so important too; as a group, we’re constantly exposed to education on the markets along with long term investment strategies. Having this consistent messaging is very motivating.”
Making a start
Once Will decided to make a start as an investor, he was committed to saving to achieve his goal. He was fortunate enough to be living at home, and by making some compromises and saving hard, over a 2-year period, he managed to save enough for his first deposit.
“I think for many people there’s always going to be a reason not to invest. A perceived time in the future when you’ll have a bigger salary to afford your preferred suburb, or build your deposit faster, or think that prices will be cheaper in the future somehow, but the time to act is now. The longer you leave it the harder it will become and the sooner you act the more benefit you will gain over time. The first investment is definitely hardest, but it is not something you will regret in the future.”
Priscilla Cheung, Chief Investment Strategist, Ironfish
Priscilla Cheung is Chief Investment Strategist at Ironfish Australia, with a broad and loyal customer base which highly regards her analysis, investment strategies and firsthand experience in property investment.
Priscilla has been an active property investor for over 20 years, acquiring a multi-million-dollar property portfolio across multiple Australian capital cities.
Since joining Ironfish in 2010, Priscilla’s positive attitude, extensive experience in business, finance and investment, and outstanding ability has led her to become one of the top performing strategists in the company. In fact, Priscilla has now entered the ‘Ironfish Hall of Fame’ in recognition of her exceptional contribution to Ironfish and her customers.
Prior to Ironfish, Priscilla was the Senior Commercial Manager – Strategic Planning at Coca Cola Amatil; a senior leadership role, reporting directly to the CFO and supporting the executive team. Her personal experience in property investment, and genuine passion to help other Australians build a solid wealth foundation through strategic property investment led her to change paths and join the Ironfish team.
Priscilla’s broad skill set and expertise makes her uniquely positioned to help both first time investors or home buyers take their initial steps into the Australian property market as well support more experienced investors to further expand and enhance their existing portfolios. She takes real pride in the genuine rapport she has built with her customers over the years, and the great trust they have placed in her, as a strategist and mentor.
Guest Speaker:
Zachary Glenister (Senior Business Development Manager, Metricon)
Zachary has worked within the Australian property industry for 17 years, with significant experience and specialisation in the house & land sector and currently, heads up the Metricon Homes Met Invest Business Development Team.