This episode tackles whether first-home buyers and first-time investors should buy an apartment versus rent-vesting, arguing apartments can be a good investment only if you buy the right one, but many are poor financial decisions due to high strata fees, oversupply, weak owner-occupier demand, and limited “next buyer” pools. The hosts break down why “rent money is dead money” can be misleading by comparing rent to the full cost of ownership (strata, rates, insurance, repairs, special levies) and showing how a $500k loan with minimum repayments barely reduces principal while total weekly outgoings can be far higher than rent. They explain strata, sinking funds, and special levies, highlight the importance of reading strata minutes, and give a three-step apartment checklist: location, building type (low-density walk-ups), and supply/building approvals, centred on who the next buyer will be.

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First Time Property Investor is for Australians who want to invest in property but feel stuck between too much information, conflicting advice, and the fear of getting it wrong.
Get honest conversations, practical insights, and clear strategy to help you avoid costly mistakes and move forward with confidence.
Hosted by Imti, Pete and Skye, with insight from the finance, buying, sales and property management sides of the industry.