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 enjoyed today's podcast, don't forget to subscribe, rate, and share the show! There's more to come, so we hope to have you along with us on this journey!
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  Co-Founders

Veronica Morgan & Meighan Wells 

Veronica & Meighan are both licensed real estate agents who exclusively help buyers. Together they have nearly 40 years experience as property professionals.

Veronica is principal of Sydney based Good Deeds Property Buyers and is also co-host of The Elephant in the Room property podcast as well as Location Location Location Australia on Foxtel and author of Auction Ready: how to buy property at auction even though you're scared s#!tless!

Meighan is the multi award winning principal of Brisbane based Property Pursuit, chairperson of the REIQ Buyers Agent Chapter & a regular media commentator.

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