06/06/2026
Most people who "waited for the right time to buy" in 2020 and 2021 are still waiting.
The timing-the-market instinct is natural. Nobody wants to buy at the peak. The problem is that identifying the peak is only possible in hindsight, and every year out of the market is a year of rent paid and capital growth missed.
The holding costs conversation cuts both ways though.
A property with a 3% yield and $15,000 a year in costs — rates, insurance, maintenance, body corp — is cash-flow negative from day one. Hold that for 10 years and you've funded a meaningful portion of the capital gain yourself, out of pocket.
A property with a 5.5% yield and modest costs is more or less neutral or positive from the start. You get the growth and the carry doesn't drain you.
Time in market wins over the long run. But the asset you hold matters — because the cost of holding it either compounds against you or stays manageable.
What's your current thinking on yield vs growth — where does your portfolio sit?
*This is general information only, not financial or legal advice.*