The Property Pineapple - Matthew Hunt

Performance Property Data

The Property Pineapple is one of three segments you will hear on the Performance Property Data podcast.

Property Insiders are released monthly and are conversations with industry leaders offering knowledge and expertise.

And Performance Insights are released every Wednesday and Friday, giving you the lowdown on key property markets around Australia.

For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au

Show notes…

Sharon invites real estate sales consultant, Matthew Hunt, into The Property Pineapple studio for a chat about his investment journey. Matt's story is particularly interesting, given he was only 21 when he bought his first property, and now, at age 23, is working on a sub-division of this property.

Matt lives and works in a suburb of Geelong, a city he says has changed a bit in the last 10 years. Infrastructure works are transforming the city, and many property investors are actually from Melbourne, who see Geelong as having good growth potential.

Matt's family is in the industry - his auntie a real estate agent, and father a financial planner - and he has been interested in property from a young age. He has always been a hard-worker, at one time during his high-school years, holding down four part-time jobs. Back then, most of his wages went into his previous passion: go-kart racing. But he gave that away to focus on his life goal of owning property and high-performance cars.

While he admits to not being the smartest kid in school, Matt says the key to his achievements has been hard-work and being focused on his goals. He acknowledges he has been fortunate to have the connections and opportunities he has had, but the choice to work hard is available to anyone.

Two years ago Matt bought his first property and set about making plans to sub-divide the block and build another property on the rear parcel. He had spent a good 9 months researching and looking, focusing on local infrastructure and potential for growth. This research involved him speaking to people with inside knowledge of the market and local planning.

Once he found a place he liked, it was unfortunately already sold. However, contracts weren't signed, so Matt made an offer and it was accepted. Barely passed his 21st birthday, Matt was now a homeowner.

The process of getting building approval for the sub-division took longer than he had expected - especially with the council - but he made things easier by approaching his neighbours and assuaging any concerns they may have had.

Things are progressing along well now, and once construction is finished, Matt plans to live in the new house, and put the original domicile on the rental market. A year from now, he wants to start the process again with a different property. This is all part of Matt's goal of having a portfolio of 40 properties.

In closing, Matt reiterates that his biggest asset is his work ethic and dedication to achieving his goals. He believes that anything is possible with a little time and effort.

About your host, Sharon Taylor…

Sharon heads up the research division at Performance Property Advisory. She is responsible for the aggregation of economic and property data sources, as well as deep analysis of the data to provide quarterly reports on each capital city of Australia.

These reports identify between 5 and 8 submarkets in each capital city, and provide an opinion as to the short term performance of each submarket. This information is vital for clients to maximise the performance of existing assets, and also for selection of new blue-chip investment locations.

About Sharon's guest, Matthew Hunt…

Matthew is a new-generation sales consultant, deploying new technologies, social media and cutting edge strategies to stay at the forefront of industry trends and extract every advantage out of the market. With 4 years sale experience, Matthew continues to be a market leader in the industry. The absolute professional, Matthew sets clear goals then sets out to make them happen. His "client for life" approach means trumping every property sale with not just a premium price, but also a premium experience for the vendor.