In this episode of Property, Straight Up, host Mel Dennis sits down with Scott Mitton from Secure Invest to explore one of the most common traps in property — making buy, sell, or hold decisions without looking at the bigger financial picture.

Scott brings nearly 20 years of financial advisory experience, having entered the industry during the Global Financial Crisis and building through to his current role at Secure Invest, a 40-plus-staff multidisciplinary firm covering financial advice, accounting, and lending.

From the tunnel vision problem that trips up even experienced property owners, to the tax structures that can save pre-retirees thousands when selling investment property, to a little-known superannuation provision that could change your retirement picture entirely — Scott covers the financial levers most people don't know they have.

WHAT WE COVER:

The tunnel vision problem

Most people approach property with emotional attachment or a fixed idea — a family home, an inheritance, "the one." Scott and Mel unpack why zooming out to look at your broader financial life leads to far better decisions than focusing on a single transaction.

Hold, sell or reinvest — how do you actually decide?

Scott's process starts not with the property, but with what matters most to the client in life. Income? Growth? Emotional value? Once those drivers are clear, the right strategy usually follows. Sometimes the answer isn't sell or hold — it's restructure.

Diversification beyond property

Many Australians have their wealth heavily concentrated in one asset class, often in one geographic area. Scott explains how super, managed funds, and other investments can complement a property portfolio — and why liquidity matters more than people realise. You can sell shares in 24 hours. You can't sell a bathroom.

Downsizers and pre-retirees — the strategy shifts

There's a specific government provision allowing people who've owned their primary residence for more than 10 years to contribute up to $300,000 each — $600,000 per couple — into superannuation when they downsize. Scott walks through how this works and how selling investment properties in the lead-up to retirement can be structured to minimise tax and maximise income.

Why financial advice and property advice must work together

Scott is clear: he's not licensed to give property advice, and he doesn't try to. His approach is to get property decisions sorted first — then dovetail his financial strategy around what's been decided. The same works in reverse: Mel regularly sends clients to Scott before they make any move.

CONNECT WITH SCOTT MITTON @ SECURE INVEST

Scott Mitton Secure Invest Financial Services https://sifs.com.au/

ABOUT DOMAIN & CO

Buying or selling a home is one of the biggest decisions of your life. Often the biggest financial decision you'll ever make. Bigger than anything else you'll sign your name to.

And the people meant to help you make it have started to look a lot like the people you didn't trust in the first place.

The polished ones in the sharp suits. The corporate machines who never learn your name. Or worst of all. No one. Just you and a portal and a hunch.

We've spent thirty years on both sides of property. The buy and the sell. The boom and the bust. The houses that grew. The ones that didn't. The agents you'd want in your corner. The ones you wouldn't.

We've walked the same families through five, six transactions across decades. First home. Family home. Forever home. The next chapter after that.

So we don't pitch. We don't perform. We don't take work we don't believe in. We just tell you what we'd do, if it were us in your position.

For property, told straight. We're your property people.

https://domainandco.com.au/

Timestamps:

0:00 Introduction & guest background
1:11 About Secure Invest
2:59 Why people make property decisions in isolation
4:25 Should I hold, sell or reinvest? How Scott helps clients decide
5:32 Just because you own a property doesn't mean you should keep it
7:29 Diversification — why property alone isn't enough
9:43 Strategy shift for downsizers and those approaching retirement
11:13 Using super and tax structures when selling investment property
11:58 Why financial advice and property advice must work together
13:40 First step if you're wondering whether to buy or sell
15:07 Why a financial plan matters before any property decision
16:09 General advice disclaimer — this isn't personal advice
16:48 Wrap-up & how to connect with Scott