“I need to grow between 24 to 26% net, per year… we’ve been averaging at least 15 points of organic growth per year.”
TH
Tyler Hoffman
Acquiring Minds ·
Hadley Nightingale · Geared for Growth Property Investing Podcast · Ep. 355: Is New Zealand the Next Move for Australian Property Investors?, with Hadley Nightingale
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states that New Zealand’s average property price growth is about 6-7% per year, equating to a doubling every 10 years
6-7% annual growth, double every 10 years
“I need to grow between 24 to 26% net, per year… we’ve been averaging at least 15 points of organic growth per year.”
“‘If the board could sign off a $20 million payout for doubling the share price in five years… it would be worth about 12% a year.’”
“It looked at price per square footage… building all the comp sheets, and then figuring out… cost for specific things… 10-year holding period.”
“Last year the average price, and the price was pretty stable, was $3.50 a gallon for diesel in the U.S. It is right now $6.30 a gallon.”
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