I found this explanation of how pensions are indexed:

Indexation
Base pensions are indexed twice a year, in March and September, to reflect changes in pensioners’ cost of living and wages. The pension is increased to reflect growth in the Consumer Price Index and the Pensioner and Beneficiary Living Cost Index, whichever is higher. When wages g…[Read more]

The supply and demand for over 55’s in the region

So, there are 14 retirement villages in the council area, ranging from high care to independent living.

There are approximately 1100 dwellings across these 14 villages, of which around 300 dwellings are independent living (the type I am looking at).

ABS stats showed that there are approximately…[Read more]

The supply and demand for over 55’s in the region

So, there are 14 retirement villages in the council area, ranging from high care to independent living.

There are approximately 1100 dwellings across these 14 villages, of which around 300 dwellings are independent living (the type I am looking at).

ABS stats showed that there are approximately…[Read more]

The supply and demand for over 55’s in the region

So, there are 14 retirement villages in the council area, ranging from high care to independent living.

There are approximately 1100 dwellings across these 14 villages, of which around 300 dwellings are independent living (the type I am looking at).

ABS stats showed that there are approximately…[Read more]

The supply and demand for over 55’s in the region

So, there are 14 retirement villages in the council area, ranging from high care to independent living.

There are approximately 1100 dwellings across these 14 villages, of which around 300 dwellings are independent living (the type I am looking at).

ABS stats showed that there are approximately…[Read more]

The supply and demand for over 55’s in the region

So, there are 14 retirement villages in the council area, ranging from high care to independent living.

There are approximately 1100 dwellings across these 14 villages, of which around 300 dwellings are independent living (the type I am looking at).

ABS stats showed that there are approximately…[Read more]

The supply and demand for over 55’s in the region

So, there are 14 retirement villages in the council area, ranging from high care to independent living.

There are approximately 1100 dwellings across these 14 villages, of which around 300 dwellings are independent living (the type I am looking at).

ABS stats showed that there are approximately…[Read more]

On the question of rent as a % of pension.

Aged Pension (over 65) – weekly pension rates
Single $404
Couple $609

Rent set at $220/week
Single – rent = 54% of pension (49% when rent assistance included)
Couple – rent = 36% of pension

Rent set at $240/week
Single – rent = 59% of pension (54% when rent assistance included)
Couple – rent = 39% of…[Read more]

On the question of rent as a % of pension.

Aged Pension (over 65) – weekly pension rates
Single $404
Couple $609

Rent set at $220/week
Single – rent = 54% of pension (49% when rent assistance included)
Couple – rent = 36% of pension

Rent set at $240/week
Single – rent = 59% of pension (54% when rent assistance included)
Couple – rent = 39% of…[Read more]

On the question of rent as a % of pension.

Aged Pension (over 65) – weekly pension rates
Single $404
Couple $609

Rent set at $220/week
Single – rent = 54% of pension (49% when rent assistant included)
Couple – rent = 36% of pension

Rent set at $240/week
Single – rent = 59% of pension (54% when rent assistant included)
Couple – rent = 39% of…[Read more]

On the question of rent as a % of pension.

Aged Pension (over 65) – weekly pension rates
Single $404
Couple $609

Rent set at $220/week
Single – rent = 54% of pension (49% when rent assistant included)
Couple – rent = 36% of pension

Rent set at $240/week
Single – rent = 59% of pension (54% when rent assistant included)
Couple – rent = 39% of…[Read more]

Some further ABS stats:

25% of the population in the council area are 50 years or over (current/near term demand)
39% of the population in the council area are 40 years or over (future demand)
40% of residents rent (60% ownership)

As a forecast, if only 3% of this population require an over 55’s unit that is 530 individuals.

Next step: Quantify…[Read more]

Some further ABS stats:

25% of the population in the council area are 50 years or over (current/near term demand)
39% of the population in the council area are 40 years or over (future demand)
40% of residents rent (60% ownership)

As a forecast, if only 3% of this population require an over 55’s unit that is 530 individuals.

My next task is to…[Read more]

You are correct Benny, It’s a great discussion and pushing me to research the over 55’s opportunity. I am enjoying questioning the assumptions, a great learning experience.

On the topic of questioning assumptions, I have obtained rental data from two agents who manage units in the complex. Over the past 5 years rental growth has been 1.6% per…[Read more]

You are correct Benny, It’s a great discussion and pushing me to research the over 55’s opportunity. I am enjoying questioning the assumptions, a great learning experience.

On the topic of questioning assumptions, I have obtained rental data from two agents who manage units in the complex. Over the past 5 years rental growth has been 1.6% per…[Read more]

You are correct Benny, It’s a great discussion and pushing me to research the over 55’s opportunity. I am enjoying questioning the assumptions, a great learning experience.

On the topic of questioning assumptions, I have obtained rental data from two agents who manage units in the complex. Over the past 5 years rental growth has been 1.6% per…[Read more]

You are correct Benny, It’s a great discussion and pushing me to research the over 55’s opportunity. I am enjoying questioning the assumptions, a great learning experience.

On the topic of questioning assumptions, I have obtain rental data from two agents who manage units in the complex. Over the past 5 years rental growth has been 1.6% per…[Read more]

Cool, I consider ROI as well, and I agree, 7% is good benchmark.

I never buy houses requiring anymore then a cosmetic touch up or replacement (such as hot water etc).

I always use the building inspection finding to negotiate the contract price down for known issues (i.e. if the hot water needs replacing I will knock my contract price down by…[Read more]

Hey Jaxon, I’m interested in the math process you undertake to work out your deals?

I personally always, in the first step, work out the math using $0 deposit (so 100% financed). I do this because that is what an investment is costing me, 100% the agreed price.

If I use 10% or 20% deposit it really doesn’t matter, because I have to obtain that…[Read more]