Mar 04 2025 22 mins 2
Compounding isn’t just some finance jargon—it’s real, and it’s powerful. In this episode, we dive into why compound growth is an absolute game-changer for property owners. Even a tiny difference in growth rates means big dollars down the track, and we have some eye-opening examples to prove it.
We break down how compounding actually works (yes, with the lily pad riddle that still blows our minds) and why time is your best friend when it comes to property. Plus, we talk about the biggest mistakes that erode returns—things like picking the wrong asset, selling too soon, and those dreaded transaction costs.
If you want to make the most of your property’s long-term value, this is an episode you don’t want to miss. Stick with us—we promise, this stuff is way more exciting than it sounds!
Episode Highlights:
00:00 - Introduction
02:19 - Meighan’s special house of the week
04:39 - The lily pad riddle
06:32 - What is compound growth?
09:05 - The impact of just 1% extra growth per year and the difference it makes in 10 years
12:55 - What are the biggest factors that erode compound growth?
16:53 - How to make compound growth work for a first home buyer
Resources mentioned in this episode:
- The Stepping Stone Strategy Tutorial https://homebuyeracademy.com.au/ssstutorial
Resources:
- FREE MINI COURSE: How to price property like a professional https://www.homebuyeracademy.com.au/freecourse
- Meet our recommended mortgage brokers at Home Buyer Academy https://homebuyeracademy.com.au/brokers
- Visit our website https://www.homebuyeracademy.com.au/
- Join our Facebook Group to get access to free monthly live Q&A sessions
- https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia
- Learn how to buy property without making a mistake with our ultimate 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG
- If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast [email protected]
- Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
- Work with Veronica: https://www.veronicamorgan.com.au
- Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/
- Work with Meighan: https://www.linkedin.com/in/meighanwells/
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