This is a great place to invest $1,000 into ASX shares right now

A kid stretches up to reach the top of the ruler drawn on the wall behind.

There are plenty of attractive ASX share buying opportunities today, which have opened up in recent months. If I had $1,000 to invest today, there are quite a few ideas I’d look at.

A number of the ASX’s leading technology companies are trading at a much cheaper price, including Xero Ltd (ASX: XRO), TechnologyOne Ltd (ASX: TNE), REA Group Ltd (ASX: REA) and Siteminder Ltd (ASX: SDR). I’ve covered those names in other recent articles.

I’m going to highlight a couple of other names that could deliver significant underlying growth in the coming years.

Temple & Webster Group Ltd (ASX: TPW)

Temple & Webster is one of Australia’s leading retailers, in my opinion. It sells furniture, homewares and home improvement products online. The company has an enormous range of items, which are largely shipped directly by suppliers to customers.

This business strategy allows Temple & Webster to have a capital-light model, generate pleasing cash flow and provide the most choice for customers.

It’s benefiting from the ongoing adoption of online shopping by consumers, which is helping grow its potential customer base. This is a long-term tailwind – online penetration of the Australian furniture and homewares market has reached 20%, which compares to 29% for the UK and 35% for the US, suggesting Australia could climb towards those figures over time.

The ASX share delivered $601 million revenue in FY25 and aims to hit $1 billion of annual sales in the next few years. It continues to grow at a fast pace – in FY26 to 20 November 2025, its revenue was up another 18% year-over-year, suggesting significant market share gains. It has also started shipping to New Zealand.

I’m optimistic about what the company could achieve in the home improvement segment. The total addressable market ($19 billion) of that sector is similar to furniture and homewares ($18 billion), but the online penetration is only between 5% to 10% for the home improvement sector. Excitingly, in FY26 to 20 November 2025, home improvement revenue was up 40% year-over-year.

The company has a $150 million cash position, which the company is utilising for its ongoing share buyback. I think the ASX share’s operating profit can rise significantly in the coming years, particularly as its growing operating leverage plays out.

VanEck MSCI International Small Cos Quality ETF (ASX: QSML)

This is an exchange-traded fund (ETF) that I believe could deliver compelling returns over the next five years.

Every excellent major business today was a small company at some point. This fund gives investors the ability to gain exposure to some wonderful businesses.

The QSML ETF is invested in 150 of the world’s highest quality ‘small’ (by global standards) companies.

To be chosen for the portfolio, it must rank well on three key fundamentals – a high return on equity (ROE), earnings stability and low financial leverage.

In other words, these companies make a high level of profit for how much shareholder money is retained, earnings don’t usually go backwards (so therefore profits are rising) and they have very healthy balance sheets (the growth and high ROE are not being funded by debt).

By the way, I’m calling this an ASX share because we can buy it on the ASX and it’s about shares.

Impressively, the fund has delivered an average return per year of 17% over the last three years, though I’m not expecting the next three to be as strong as that. However, I do think it can outperform the S&P/ASX 200 Index (ASX: XJO) over the next few years thanks to its quality focus.

These aren’t the only two ASX shares I’d buy with $1,000 though, there are plenty of other exciting ideas.

The post This is a great place to invest $1,000 into ASX shares right now appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has positions in SiteMinder, Technology One, and Temple & Webster Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended SiteMinder, Technology One, Temple & Webster Group, and Xero. The Motley Fool Australia has positions in and has recommended SiteMinder and Xero. The Motley Fool Australia has recommended Technology One and Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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