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Why Arjun Paliwal bought in Bendigo during lockdown

Smart Property Investment examines the employment, rental and supply indicators behind the founder’s 11th property purchase in 2020.

Building to 11 property investments amid the pandemic
Clipping from Smart Property Investment.

Smart Property Investment profiled Arjun Paliwal’s purchase in Kennington, Bendigo, on 27 November 2020. The investment became his 11th property during a period of lockdowns and uncertainty.

The local evidence behind the decision

The feature describes Bendigo’s employment diversity, including health, manufacturing, retail and agriculture, alongside infrastructure and population trends. Arjun compared those conditions with housing supply and rental demand rather than ruling out a location because it was regional.

The property was a renovated 1940s bungalow bought for $380,000 and reported as renting for $350 a week. The article also notes its proximity to central Bendigo and the variation in prices among nearby properties.

Checking the ability to hold the property

The risk assessment covered vacancy, rental affordability, owner-occupier demand, stale listings and the relationship between sales volumes and available inventory. These were intended to test both purchase demand and the likelihood of finding tenants during disruption.

The figures are a historical account of a 2020 purchase. They illustrate the questions considered at the time, not current Bendigo prices or a recommendation to repeat the transaction without fresh research.

Read the original coverage

This is InvestorKit's summary of the feature. The full reporting belongs to Smart Property Investment.

Figures describe the circumstances reported at publication. Individual outcomes vary, and past performance does not guarantee future results.