Australian Property Podcast

Welcome to this week's edition of 2 Sense on The Australian Property Podcast, where we break down the biggest news headlines of the week and tell you what this really means for you. Mortgage Broker Chris Bates and Buyer's Agent Pete Wargent talk about pattern book housing, stronger market dynamics, and the future of Australia. Story 1: Pattern book housing proposal for NSW A new proposal launched by Housing Group Now to speed up the supply The proposal: 375,000 dwellings in 5 years, building up 30 medium-density suburbs across the city Benefits: Supply increases if it speeds up building approvals and projects Risks: Quantity over quality, cutting of corners, defects, etc Story 2: Stronger market dynamics, could buyer FOMO explode? With the rate on hold for the 3rd consecutive month and household consumption now slowing, buyer FOMO is set to explode Listings rose in August in Sydney and Melbourne as vendor confidence grows Westpac calling next move down in 2024 Story 3: Intergenerational report reveals what Australia could look like in 2063 Population projections 43 million in 2063 (we usually overshoot the projections) Estimate large ageing population and young migrants The healthcare sector will require huge investment and employment (noteworthy for housing and commercial property too) The expectation is that there will be a large investment in renewables Tax: Australia may need to shift the focus away from income taxes which are already very high, towards other forms of tax e.g. inheritance, land tax, higher GST etc Australian Property Podcast resources: Story 1 - Pattern Book Housing Story 2 - Buyer FOMO Story 3 - Intergenerational report Pete's Blog Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of The Australian Property Podcast, Buyer's advocate Amy Lunardi and Rask founder, Owen Rask are discussing how to develop a property brief. They will talk you through what exactly is a property brief, where it should sit within the buying process, and how this differs from your strategy. So, what is a property brief? A condensed idea (ideally written down) on exactly what you are willing to purchase, this includes budget, location & characteristics of the property. Amy and Owen are going to double-click on how to develop your property brief so that you can implement this in your own property journey. On this episode: What is a brief? Brief vs strategy Why do you need one? Home vs investment brief Breaking down each of the elements: Budget Locations Non-negotiables & bonuses Doing a reality check Mistakes Amy often sees made (not doing it at all, not doing it thoroughly enough, maybe locations, bonuses vs non-negotiables, not being on the same page, not doing the reality check, saying “would consider if was…”) Tradeoffs and compromises Communicating your brief to agents Changing the brief over time Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to this week's 2-Sense on The Australian Property Podcast, where the team takes a look into the top 3 property news stories and breaks down what this means for you and your property. Buyer's Agent Pete Wargent and Mortgage Broker Chris Bates are discussing the regional market, underuse of dwellings & lending buffers in this week's episode. This week's stories: Story 1 – Regional Markets Under Pressure Migration patterns are now normalising post COVID Capital city prices up 1% in August, closing in on previous highs, but some regional markets are under pressure and are now seeing price declines CoreLogic’s latest regional market analysis shows interest rates are impacting regional Australia more than in the big cities On the plus side inflation figures did ease – and building costs and building approvals are slowing Pre-retirees selling homes to fund retirement Story 2 – 1.3% of dwellings unused Only 1.3% of dwellings appear to be unused according to electricity use It’s a lot different from the 10% talked about on Census night when people are often travelling or overseas What does this mean for holiday homes and Airbnb? Some Airbnb properties are doing 10% yields How is this impacting rental markets? Thoughts on regulations and whether they are a good investment? Story 3 – Lending buffers – non-banks pushing the envelope Pepper is now using a 1% buffer for some investors Is 3% too tight? Shayne Elliott of ANZ says the settings are wrong Peter Tulip also says it’s paternalistic and unnecessary What happens next and when? What do we think will happen with interest rates and borrowing capacity in the future? What we think could occur for first home buyers who want to enter the market Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Property Event with Pete & Chris Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the Australian Property Podcast, Mortgage Broker Chris Bates is joined by Jamie Nemsis founder of Wattle Partners, a prominent financial advisor and retiree specialist. Chris and Jamie are deep-diving into where wealth is sitting and how this is affecting property. Together they discuss the wealth mindset of Baby Boomers, wealth transfer, and retirement. About Jamie Nemsis: Jamie is one of the founders of Wattle Partners. Having been in the industry for more than 20 years. Jamie’s career spans the corporate and private sectors, growing and building businesses across financial services. Wattle Partners is one of Australia's most respected advisers, and are specialists in retirees. Insights into the minds of Baby Boomers How do pre-retirees feel about their home, debt, and investment properties coming into retirement? How do retirees feel about downsizing or treechange? The opportunities and challenges? How has property built wealth for Baby Boomers? Have they made more or less money from residential than other asset classes? Jamie's personal view on property Financial Advice industry - Jamie's thoughts on conversations around their biggest single assets usually their home/investment properties and debts How do clients feel about helping their kids? If they have enough, do they want to, and even if they don’t have enough? Are they worried about future generations or feel they just have to figure it out for themselves? How are they helping their kids and often grandkids? Conversely, How should kids approach their family for help with their property moves? Do they often underspend post-retirement and under save going into it? Buying Residential Property In SMSF Jamie's take on the new Super Tax on bigger balances? Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to this week's episode of 2 Sense on The Australian Property Podcast, where we break down the news headlines and tell you what this means for you and your property. Buyer's Agent Pete Wargent and mortgage Broker (who also has just been awarded Australia's #1 mortgage broker), Chris Bates, are discussing how spare rooms are causing undersupply, Evergrande collapse & Brisbane house pricing. On this episode: Story 1 – Scott Keck article on using our spare bedrooms His point? There are so many empty bedrooms in Australia that never get used if you are looking at the Census numbers. And we are now in a rental crisis. What does it mean and why? Policies to make more efficient use of the housing stock What do we think will happen? Incentives to allow borders without CGT implications? Key takeaways for property investors and homebuyers? Story 2 – China’s 2nd largest developer Evergrande collapsed What happened and why? $81bn losses over 2 years as Chinese real estate market sinks Chapter 15 bankruptcy in New York filed and creditors are scrabbling to recover debts What does it mean for China? Recession, deflation, stimulus? Risk of Contagion? What does it mean for Australia? Commodity prices like iron ore are under pressure, Chinese developers exiting, and capital flight from China to Aus Should we be worried? Watch closely, but don’t panic Story 3 – Brisbane becomes house price leader Brisbane housing prices up 4% over the past 3 months, ahead of Sydney What does it mean? The downturn has been fairly shallow, on average. Some property types have done better than others. Units have done well, first time in 12 years as borrowing capacity is down. What do we think will happen? What are people buying? Focus on quality, flood-free, 10-year horizon out to the 2023 Olympics. Implications for investors and homebuyers? Quality stock levels are still quite tight, need to be clear on your brief and decisive and do your DD. Fundamentals for Brisbane are strong – high population growth and a stock shortage, and the state Budget appears robust Australian Property Podcast resources: https://www.macrobusiness.com.au/2023/08/rental-crisis-forces-australians-into-share-housing/ https://www.linkedin.com/pulse/my-thoughts-accommodation-crisis-scott-keck/ https://www.theguardian.com/business/2023/aug/18/chinas-struggling-property-giant-evergrande-files-for-bankruptcy-protection-in-us https://www.macrobusiness.com.au/2023/08/brisbane-becomes-house-price-leader/ Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

We are talking negotiation do's and don'ts on this episode of the Australian Property Podcast. Property experts Pete Wargent and Amy Lunardi are discussing what situations you will need to negotiate, what to look out for, the price versus terms, and mistakes to avoid when you are considering buying a property. On this episode of the Australian Property Podcast In what situations will you need to negotiate Is there such thing as a 'normal' negotiation? Price vs Terms how to be creative with your conditions how to make your offer as appealing as possible Negotiation Mistakes Making assumptions Letting emotions get in the way - how this might differ if you're buying a home or investment property How to determine the market value as well as the personal value Circumstances changing (vendor's position changes, buyers find another property) Lowball offers - considerations Importance of maintaining a good relationship with an agent Our negotiation tips Leave the ego at the door Work with rather than against the agent - communicate your wants and needs Being clear with your offer to the agent Use open-ended conversations/questions Assess risks Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to this week’s 2 Sense where the Australian Property Podcast team discusses the latest news headlines and breaks down what it means for your property. This week Buyer’s Agent, Pete Wargent and Mortgage Broker, Chris Bates shrinking lot sizes, price surges, mortgage resets & new proposed policies, Story 1 – Lots shrink and prices surge Land prices up significantly over the past decade, according to the HIA Particularly large increases in Sydney and Hobart with the lowest in Perth Lot prices have also shrunk. Price per square meter is up 200% in Sydney How are smaller blocks affecting the housing market? What are the drivers? Population growth, slow land release, or both? What does it mean for housing going forward? Story 2 – Mortgage cliff a mirage Fixed-rate mortgages will reset from 2% to 6% for many borrowers, meaning a total of $350bn of loans in total to reset (out of $2tn mortgage debt in Aus) What does it mean? Will we see a reduction in consumption, and some will go into arrears to be forced to sell? Are we halfway through the cliff now? Arrears have increased a bit (CBA results, Bendigo Banks, etc), but not too much so far How long to go? The rest of 2023, but looks promising to date, so will the market drop as a result? Story 3 – New housing supply target The government has increased the target to 1.2m homes over 5 years to 2029, and a renewed focus on renter rights Prime Minister has backed away from the rent freeze (reduction in supply) Why is it proposed? Undersupply is looming, and record population growth Will it happen? We have never built over 225k in a year before, so 240k a year for 5 years is a huge ask. What about the quality? Defects, leaks, structural issues? There will be increased pressure on materials prices and we don’t have enough skilled labour. What does it mean for property? The big push for land release and rezoning. Caveat emptor with new builds. Learn more about your ad choices. Visit megaphone.fm/adchoices

A question that many property owners and sellers want to know - how to deal with real estate agents! Buyer’s Agents Amy Lunardi and Pete Wargent tell you what to look out for, what questions to ask, and how to approach speaking to agents Sometimes it can feel like agents are in a position of power, but we hope this episode can empower you with the knowledge of what to look for and what questions to ask. On this episode of the Australian Property Podcast Who are you dealing with, and how to interact with real estate agents How to make initial contact with agents - how that will differ during different stages of your purchase journey How to negotiate and have conversations when working with an agent Auctions vs sale by private treaty - how this impacts the way you interact with your agent Do’s and Don’ts when dealing with real estate agents In this episode, we hope to give you insights in order to put yourself in a position where an agent is happy to deal with you, clear with your brief, and ultimately get you into your desired property Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Invest With Queenie Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to this week’s episode of 2 Sense, where The Australian Property Podcast experts are breaking down some of the week’s most interesting news headlines. This week Buyer’s Agent Pete Wargent is joined by Rask founder, Owen, and are discussing the rental shortage in Melbourne, recent upgrades in price forecasts, and what the greatest intergenerational wealth transfer means for the property market. On this episode of the Australian Property Podcast: Melbourne’s rental shortage to worsen? Melbourne's vacancy rate is now 0.8%, down from 1.7% a year ago, and rents rose 12.6% from a year ago What does it mean for property owners and tenants? Expanded land tax for landlords is due to come in for landlords from 1 January 2024 3 Talk of rent controls. Are some landlords exiting early or investing elsewhere? What does it mean for property? What should listeners consider doing, if anything? Westpac updates dwelling price forecasts Westpac has upgraded price predictions with Sydney to rise 20% from 2023 to 2025, Melbourne up 9%, Brisbane up 13%, and Perth 20% What does it mean? What are some of the reasons behind this? Low stock listings, high population growth, undersupply expected, and interest rates about to peak. Sydney Shortage Over the weekend, The SMH reported how Sydney faces a shortfall of at least 134,000 dwellings over the next five years amid the Albanese Government’s record immigration program Core Logic Data shows that Sydney house prices continued to climb in July, rising by one percent to an even more unaffordable, despite the Reserve Bank’s 12 interest rate rises since May 2022. What could this mean over the long term? Intergenerational wealth transfer A recent study by research house McCrindle estimates this generation will inherit the colossal figure of $3.5 trillion from their parents over the next 20 years. What we think this means for property Early inheritance on the cards for some Gen X’ers, Parents helping kids onto the ladder Estate planning Implications for the FIRE community etc Australian Property Podcast resources: Westpac forecasts AFR - great wealth transfer How to help your kids onto the housing ladder – Stuart Wemyss Die with Zero - Getting All You Can from Your Money and Your Life Australian Property Podcast online - videos, notes & resources Invest With Queenie Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the Australian Property Podcast, we are joined by a very special guest, Queenie Tan. Queenie is one of Australia’s most loved content creators. You might have seen or heard her on The Australian Finance Podcast, in our Rask Education courses, or on her own social media where she shares her tips and tricks to help your money go further. Queenie is joined by Rask founder Owen and Buyer's Agent Amy Lunardi as they discuss her property journey so far and her future goals. On this episode of The Australian Property Podcast: How Queenie bought her first property Why she bought her property What she looked for when choosing a property i.e. location, amenities, transport How you can build your property goals and your property why Renovating your property, cost, DIY, shopping around for professionals Rentvesting 101 Considerations on how much you want to spend Borrowing when you are self-employed What are Queenie's next property goals and aligning those goals with personal goals? How working with property professionals can help you understand your property options Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Invest With Queenie Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to this week’s 2 Sense on The Australian Property Podcast, where we look at the latest property news and headlines and give you a breakdown of what this means for your property. This week Buyer’s Agent, Pete Wargent and Mortgage Broker, Chris Bates are covering how easing inflation levels may affect interest rate hikes, what is happening to foreign investment in Australian property and taking a look at overseas markets. On this episode: Easing inflation for Q2 The inflation level fell 0.8% for Q2, we take a look at some of the factors that contributed to this number Bond markets betting on potentially no further hikes (and possible rate cuts next year) What are some of the inflation risks that still exist? Rents, energy, oil prices, insurance, other services etc What these new figures are doing for property sentiment Chinese developers exiting the Australian market With more insolvencies this month and apartment projects in limbo, we take a look at why developers are finding it more difficult to make a profit in today’s market What this might mean for supply shortages What is happening with demand from foreign buyers? Canada property booming, despite higher rates What’s happening? What are some of the driving factors? Strong demographics, with record population growth What do we take from this and the implications for Australia? Understanding supply/demand imbalance Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources AFR Inflation AFR Foreign Investment Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the Australian Property Podcast, Buyer's Agent Pete Wargent and Mortgage Broker Chris Bates are answering some of your property questions. The guys are covering everything from holding, selling, or renovating your property, types of home loans, how to work with property experts and how to find a target rental tenant. On this episode: Renovate, Sell, or Hold? What economic factors are impacting the housing market and how to make decisions regarding your assets Types of loans - fixed vs variable What is better during the long term with rising rates? Can you make changes to your loan? what are the implications? How to offset accounts work? Working with mortgage brokers What are the types of brokers you can work with and what to look for when deciding to work with a professional Preapproval 101 Finding a target rental tenant What sort of research you should be doing How to profile and suburb or an area Off-market opportunities Is it worth hiring a buyer's agent and what to consider when you're staying within a budget Benefits of using a buyer's agent and what they can really offer How to determine what a 'good asset' is Established/new, location, scarcity, demographics, turnover HEMs on your home loan application What are banks looking for to ensure you can afford your loan Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Every Sunday morning the Australian Property Podcast gang breaks down the biggest news stories of the week. Mortgage Broker, Chris Bates and Buyer's Agent, Pete Wargent are talking about inflation, housing supply, mortgage stress & potential rent controls. With inflation figures lower than expected, how do we expect the housing market to shift? Chris and Pete discuss some of the latest research and what they are seeing in the market. On this episode of the Australian Property Podcast: Jarden Research shows that new listings are above average, and more listings are coming to market in Sydney. Could this be a start of a wider trend? Refinancing numbers - increasing numbers of people unable to refinance, will this mean more investors sell off their properties? The report highlighted the low levels of listings over the past year, however, there has been an unseasonable jump in listings over the last month - is there a shift in market sentiment? Where are these new listings? Mortgage stress & arrears Both personal and house loan arrears are rising across all the data sets, we take a look into where the stress is emerging over the country. Victoria rent controls What this could mean for your property & housing supply How do rent controls work? What restrictions and or taxes could we see to come in on Airbnbs? Australian Property Podcast resources: The Australian Mortgage Arrears Data Victorian Rental Policy Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the Australian Property Podcast, Buyers Agent Amy Lunardi and Rask founder Owen Rask are joined by Rebeka Morgan from Buildher Collective. BuildHer Collective helps women build and renovate their homes through her community. Rebeka used her experience in construction to guide her clients and community to understand that property development is more accessible than it seems. She has helped countless people around Australia, as well as Amy herself! On this episode, we are covering the business Rebeka has built and understand the different options you have if you're looking to renovate or build for profit. On this episode of the Australian Property Podcast: How can ‘regular’ people make money through renovating & building? In what situations have you seen it done well? And not so well? Some of the common mistakes when renovating Misconceptions people have when it comes to developing (small-medium scale) How can you figure out how much a project might cost What kind of profit margins should you be aiming for when considering developing/renovating and why? How people generally finance build costs Some of biggest risks to consider when developing & renovating How do you find reputable people to work with? Builders, architects Australian Property Podcast resources: Rask Events Roadshow: https://www.rask.com.au/road BuildHer Collective Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to this week's episode of 2 Sense, where we cover everything you want to know about the most important news headlines of the week. Buyers Agent, Pete Wargent and Mortgage Broker, Chris Bates will be breaking down what the headlines mean for you as well as answering some of your questions. We'll be covering everything from construction to the new Governor of the RBA as well as how student intakes are affecting the housing shortage. On this week of the Australian Property Podcast: Construction costs finally easing, but where are we building? Construction cost growth is the lowest since 2020, so what is happening with construction levels? Total dwelling commencements rose 14.0% to 46,546 dwellings in the March 2023 quarter Cost pressures from inflation are finally easing Location and prices of property What areas are driving demand and value? How aspects of homes determine property demand and value How infrastructure development is adding value to homes Locations that have a 'village' aspect are adding value to property prices New RBA Governor Michele Bullock has been announced as the new RBA Governor, the first female Governor What we expect to change within the RBA policies Students taking the housing shortage to a new level Record number of international student intake, over 500,000 visas issued for FY2023 How this is impacting the already meaningful housing shortage How this can be beneficial for labour shortages and wage growth pressures Australian Property Podcast resources: Rask Events Roadshow: https://www.rask.com.au/road McGrath Research Macrobusiness Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

How do you actually get a mortgage? How do you get a loan for a property and what happens on settlement day? Work with Chris: Rask + Blusk mortgage broking In this Australian Property Podcast episode, Chris Bates, the founder of Blusk who was recently voted one of NSW's top mortgage brokers; and myself (Owen Rask, founder of The Rask Group), dive deep into every single step of the mortgage broking process. Chris and I cover every step of mortgage broking and how a really good mortgage broker should treat their client (you). If you're new to getting a mortgage, buying a property, or simply thinking about partnering with a good mortgage broker, I think this Australian Property Podcast episode is for you!In short, there are two ways most people get a loan in Australia to buying a property: Go direct to a bank. Use a mortgage broker. This is now the most common option, by far. Over the past decade, the mortgage broking industry has blossomed because, I think, it helps would-be property owners make a more informed decision when it comes to picking lenders, finding a good rate, understanding the different types of 'products' (offset accounts, redraw, fixed versus variable loans, etc.). However, in my opinion, the distance between good mortgage brokers and bad mortgage brokers is incredible. Unfortunately, picking a good one out of the gate is really tough! In case you're new to The Australian Property Podcast (welcome!) and for disclosure only, Rask & Blusk have a referral partnership in place. You can find all of the details on our mortgage broking page. Australian Property Podcast resources: Rask Events Roadshow: https://www.rask.com.au/road Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Pete Wargent and Chris Bates are back on The Australian Property Podcast 2 Sense and talking about the big Australian property stories and answering your questions this week. In the spotlight this week: Pete's view on US inflation and Chris' view on a potential recession. The unseasonal surge in property listings and what that means Is the rental boom over, or will the rental crisis rear its ugly head again? 1.2 million people are flocking to Canada -- and here's why! Australian Property Podcast resources: Rask Events Roadshow: https://www.rask.com.au/road Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

House and land packages are a growing segment in the property market and a popular way for Australians to enter the housing market. However, it can be challenging to understand whether this type of property is right for you and your pretty goals and circumstance. On this episode, Buyer’s Agents Pete Wargent and Amy Lunardi will discuss what you should consider and deep dive into the pros and cons of house and land packages from purchasing your own home to an investment property. On this episode of the Australian Property Podcast: How to define a house and land package House and land packages - your home versus an investment If you are buying your home: Pros Cheaper option Brand new, more accommodation Lock in land price now, build later Less stamp duty Making changes to design/customisation FHOG Drawbacks Lifestyle: Amenity, distance from CBD Finance risk: delays to title, land value goes down, circumstances changing, build cost goes up Unexpected costs Builder risk Lengthy delays If you are an investor: Benefits. Why do people invest in properties that aren’t built yet? Depreciation benefits from a new property Easier to rent out May make some capital gain if the land and build cost is less than the final value Drawbacks: Also, less scarcity, less amenity Considerations when thinking about purchasing a house and land package Where to start Location? Fringe greenfield estates? Almost by definition, H&L packages are often in locations which are being developed and where land isn’t scarce. Walkability to amenities, transport, cafes, restaurants etc.? How long will it take?Current rates are up to 24 months. On average 22 months per PropTrack data. Is the developer reputable? Insolvencies in the construction / developer industry are currently rather high Is it a fixed price? What are the risks of overruns and hidden extras? How will you finance the deal? Is it safer simply to buy an established property? Are there incentives for investing in a new property? Stamp duty exemptions etc. First homebuyer gents etc. Rules and regulations for building and approvals needed Australian Property Podcast resources: Rask Events Roadshow: https://www.rask.com.au/road Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Pete Wargent and Chris Bates are back on The Australian Property Podcast 2 Sense and talking about the big Australian property stories this week. In the spotlight this week: Australian real estate agents are quitting. It's last-in, first-out as real estate agents exit the space. Properties for sale in capital cities are down 26% from their five-year average. The NSW First Home Buyers Assistance Scheme has expanded. "On or after 1 July 2023, eligible first home buyers will receive an exemption from transfer duty for purchases of new and existing homes up to $800,000 and a concessional rate of duty for homes up to $1,000,000." Back to the city! Tree changers from covid are returning to the big smoke as employers require more people in the office. But will it stick? Australian Property Podcast resources: Rask Events Roadshow: https://www.rask.com.au/road Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

How can you add value to your property through renovation? This is a question many Australians are face when purchasing a property, for either personal or investing. Renovations can be a big task so it's important to consider whether the time, money, and effort will align with your property goals. It can be a challenge to know what the market wants and what people like, so this episode will help you understand the best strategy for you! Buyer's agent Amy Lunardi and Rask founder Owen Rask talk through actionable ways for you to understand how to add value to your property. On this episode of the Australian Property Podcast: Amy and Owen's personal experiences renovating Renovation goals: What are you trying to achieve? Is your renovation for personal or financial benefits? Ways to add value: Cosmetic Paint, flooring, curtains/blinds, light fittings, landscaping, benchtop Changing floorplan Extending up or out Things that do not necessarily add value Insulation Solar panels Irrigation Better appliances Ways to save money Labour Materials Sprucing up for sale Focus on the feeling of a property Cosmetic and comfort Consider the demographics Speak to local agents Extra considerations Avoiding replacing something you’ve already paid for (eg buying a property with a modern kitchen then replacing it) If doing major works, ideally increasing the accommodation or size Overcapitalising Consider the true costs – holding costs, opportunity cost, your time Sometimes can open a can of worms once you start Australian Property Podcast resources: Amy's 100-point checklist (PDF) Amy’s new property course Rask Invest – invest with Owen Mortgage Broking Financial Planning Property Coaching Business Coaching Accounting with Grey Space Ask a question Rask Core – DIY investing Owen’s FREE investor bootcamp INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Pete Wargent and Chris Bates are back on The Australian Property Podcast 2 Sense and talking about the big Australian property stories this week. Economist and Buyer's Agent Pete Wargent and Mortgage Broker Chris Bates discuss these three property stories: Domain's Australian. property price forecasts Monthly inflation figures and the impacts of higher interest rates on housing Record mortgage repayments Story links: http://petewargent.blogspot.com/2023/06/domain-forecasts-new-highs-in-these.html & https://www.afr.com/policy/economy/building-pipeline-in-wealthy-suburbs-hits-rock-bottom-20230613-p5dg43 http://petewargent.blogspot.com/2023/06/aussie-inflation-plunges.html https://www.macrobusiness.com.au/2023/06/retailers-brace-for-brutal-recession/ Australian Property Podcast resources: Rask Events Roadshow: https://www.rask.com.au/road Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

On The Australian Property Podcast, we are committed to providing insights and expert opinions from some of the most prevalent property professionals in Australia. On this episode, Buyer's Agent and author, Pete Wargent is joined by Peter Tulip, Chief Economist at the Centre for Independent Studies. Previously having worked in the research department at the Reserve Bank of Australia, Peter has written several research papers that point to planning restrictions as the reason housing is so expensive. His work has been cited in official reports on housing policy by the Productivity Commission. This is a jam-packed episode that deep dives into housing policy including interest rates, zoning, lending, and monetary policy. On this episode of the Australian Property Podcast: The housing supply: how did we get here? What are the main challenges? What are the best solutions? How do we measure supply Upzoning - what is it and how does it work? Immigration and housing supply 'Character' of a suburb and high rise developments Housing market remodeling: how central banks model housing prices, potential benefits and flaws of such modeling & dealing with market shocks Central Bank Review: Leaning against the wind. What does the RBA review for and what will it mean for Australians? Technical skills and monetary policy: What are some of the technical decisions monetary policy experts have to make? What will the challenges be in the future? Australian Property Podcast resources: Rask Events Roadshow: https://www.rask.com.au/road Housing affordability and supply Effect of zoning on house prices Planning restrictions misunderstandings A need for land use reform? Does high-rise development damage local character? Excess demand for apartments in Australian cities Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Every Sunday the Australian Property Podcast gang get together to discuss some of the most topical property stories of the week. We are on a mission to help give you a plain English take on the headlines and what they actually mean for you and your property. Buyer's Agent, Pete Wargent and Mortgage Broker, Chris Bates sit down to discuss how much population growth will affect the housing market, the booming jobs market, consumer spending declines, and why Australia is the number one destination for high-net worth migrants in 2023. Population boom Population expectations revised up to 26,583,000 What this means for the housing market and why this could be a good opportunity for construction and developers Jobs boom continues (for now) +75,900 jobs in May and unemployment is still 3.6% With upward pressure on interest rates increasing the cost of living and putting pressure on businesses will this change the job market? High net wealth migration to Australia 122,000 + millionaires are expected to migrate to Australia Australia, often seen as a safe haven and is attractive to those looking to settle somewhere safe and enjoyable to raise their families or retire The effects on the economy and property Australian Property Podcast resources: http://petewargent.blogspot.com/2023/06/australias-population-revised-up-by.html http://petewargent.blogspot.com/2023/06/bigger-and-faster-than-previously.html http://petewargent.blogspot.com/2023/06/consumer-spending-falls-off-cliff.html http://petewargent.blogspot.com/2023/06/more-sydney-buyers-than-sellers.html https://www.henleyglobal.com/publications/henley-private-wealth-migration-report-2023/inflows-outflows http://petewargent.blogspot.com/2023/06/follow-money.html Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are talking about something every homeowner or homebuyer has probably wondered - how you value a property. Buyer's agents Pete Wargent and Amy Lunardi are experts in this area and help their clients value properties every day. They are going to break down some of the things you can do yourself to understand the market, and where your property may fit within it. On this episode of the Australian Property Podcast: These are the considerations that you should have in your mind when valuing a property 1. Find out how much similar properties have sold for. ...where to find the data, how to rank properties by value 2. Understand the current property market. 3. Look at housing market predictions. 4. Use online tools. ... 5. Check the previous sale price of your property. 6. Take your local area into account. Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Every Sunday at 7 am the Australian Property Podcast crew dissects the latest news headlines to help you understand what the noise means for you and your property. Mortgage Broker Chris Bates and Buyer's Agent Pete Wargent are taking a deep dive on today's episode on interest rates from borrowing capacity to how long and how high we think interest rates will go, whether Australia will go into recession (and if so effect this will have on the property market) and what the tourism rebound will do for the economy and housing supply. On this episode of the Australian Property Podcast: Interest rates deep dive What might happen if we get further rate hikes and how long will rates stay high? What implications does this mean for your borrowing capacity, stock supply and unemployment? What are the best mortgage rates on the market? What are peoples' saving rates? How much of the interest rate increase are banks passing on? The recession debate Do we need a recession to bring down inflation? With New Zealand technically entering a recession what might happen in Australia? Consumer confidence is at near lockdown lows, however, housing expectations are still strong. Why is this? And what could change this? Tourism rebound With tourism creeping back to highs, while Australians are slowing down their international travel, what might this mean for the housing supply and the Aussie economy? Australian Property Podcast resources: The Australian Macro Business Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

We are answering some of our Rask community’s questions! On this episode of The Australian Property Podcast Buyer’s Agent Amy Lunardi and Mortgage Broker Chris Bates are deep diving some of the most asked questions of our community. Amy and Chris are going to break down some of the most common concerns, considerations and mistakes that people can make when it comes to finding and working with the right mortgage broker, understanding how loans work and what is right for you a well as how offset accounts can work. On this episode of The Australian Property Podcast: Red flags when speaking to a mortgage broker What kind of service you should expect from a broker and any property professional The etiquette and process if you want to change brokers The risks of shopping around for multiple pre-approvals What are the questions you should be asking a property professional? Things to be aware of if you’re wanting to apply for a loan and have self employed income, or casual income How an offset account works and the differences between an offset, redraw and paying the loan down Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Every Sunday morning the team at the Australian Property Podcast is here to deep dive into the biggest and most topical news headlines for the week and what it means for your property. With sticky inflation and rate rises affecting the cost of living for Australians, we are facing some interesting conditions in the property market in terms of lending, rental prices & supply. Buyer's Agent Pete Wargent and Mortgage Broker Chris Bates will give their plain English take on some of the most topical news stories, and help you break down and understand the noise. On this episode of the Australian Property Podcast: Wage increases: The Fair Work Commission announced a higher-than-expected award wage increase of 5.75%, impacting 2.6m workers across the country, and a minimum wage increase of 8.6%. We discuss how will this affect the economy and inflation. Will this fuel inflation or will the increase rather help cover the cost of inflation? Lending to build or buy a new home: At its lowest level since 2008 but lending buffer of 3% to stay in place coupled with rate increases. So what happens now? Reduced borrowing capacity for first-home owners means people can only borrow around 4.5x their income borrowing capacity for first-home buyers. Will this lead to a repricing event? Productivity NSW proposes building more homes where people want to live: This could lead to rezoning, so how will this affect current homeowners & suburb dynamics? Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

What are the latest property trends, when can we see the rental market ease and what is the future for property owners? On this episode of the Australian Property Podcast, Buyer's Agent Pete Wargent is joined by a very special guest, Cameron Kusher. Cameron is the Director of Economic Research at REA Group and is one of Australia’s top and best-known property market analysts. Pete and Cameron are deep diving into everything you want to know from a real estate and property insider's perspective by discussing some of the most debated and talked about topics On this episode: Current Listing Environment: Why aren’t people listing? Is there any sign of that changing? The latest trends in construction and new housing supply: is the pipeline still solid or contracting? Are construction costs coming down? Are new home sales still struggling? Rent: What's happening in the market? What will it take to bring investors back into the market? Build to Rent: Impact on the housing market over the next decade, what are the required returns, what scale are we going to see? and where are we going to see it? Victorian budget and land tax changes: what are the impacts on the market? what will this mean for investors or renters? This is an insightful episode with one of Australia's most recognisable property brands so this is not one to miss! Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Personal wins and mistakes from our property experts. Buyer's Agents Amy Lunardi and Pete Wargent are sharing their biggest personal lessons when it comes to buying and selling their own properties & investing. On this episode, the team is getting personal in the hope that you can take inspiration from the fact that even professionals don't always get it right and how you can learn from their mistakes (and their wins!). On this episode of the Australian Property Podcast: Amy's Wins Setting clear objectives when purchasing a property Purchasing properties that align with cashflow Renovating on a budget Amy's Mistakes & Lessons Not learning enough about investing at a younger age Not planning for the future effectively Not being on top of paperwork (we know its boring, but needs to be done) Relying on professionals (property managers, layers, councils) to do their job properly, always do your due diligence Not purchasing properties when it's a good time to buy (if you are financially ready to do so) Pete's Wins Buying in great locations Diversifying (asset classes, types of properties) Being patient and persistent Pete's Mistakes & Lessons Risk management: Margin Loans i.e. using debt to buy shares: Be careful with your use of debt as things can change with the market that you cannot control Speculative investments: Buy assets that you never need to sell instead of speculative investments Not doing adequate due diligence on extra costs and levies and relying on a solicitor to address these costs Buying a unit with high strata fees. These costs are ongoing and can be variable so can significantly impact resale values Poor choice of tenants. Sometimes taking a lower rent with a good tenant is better than a bad one! Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Every Sunday the Australian Property Podcast team deep dive into the biggest news stories of the week, take a plain English look, and tell you what it means for your property. Buyer's Agent Pete Wargent is joined by Rask founder Owen Rask this week to cover land tax, build to rent news & the current listing environment. On this episode of the Australian Property Podcast, we cover these Big 3 stories of the week: Land Tax The Victorian budget has hit property investors hard so what does this mean for you? Do the benefits outweigh the increasing costs? Question from our community: Is it better to hold other assets i.e. ETFs that can generate passive income instead? What are the monetary implications of selling property assets and moving into another asset class? Will increased costs be passed on to renters? Build to Rent News New players in this space: foreign withholding tax that was cut from 30% to 15% meaning an increase in foreign investors could be imminent, what does this mean for Australians? Increases in rental supply: is this increasing the number of affordable housing? Corporate landlords: What are they? How can it be helpful for long-term renters? What are the trends overseas? Will it be the same here? Listing environment. Why is inventory so low? With supply potentially at its lowest point in many years, why are people not selling good quality stocks? Why are people holding and renovating? When might this issue change? Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Off the plan buying. With new developments springing up across cities in Australia, and government subsidies for new builds, it's hard not to be intrigued by the increasing home options available to buyers. On the flip side, we are hearing the headlines of builders going bust, apartment defects, and depreciating assets. Mortgage Broker Chris Bates and Buyers Agent Amy Lunardi take a deep dive into the positives, negatives, and risks to consider if you are looking at purchasing off the plan. There can be many benefits off the plan buying can bring, whether it be enabling a buyer to get into the property market or get into a specific suburb, however, it is important to understand the risks that are associated with this type of property. Amy and Chris share some of their personal stories from their experiences and discuss how you can protect and educate yourself. On this episode of the Australian Property Podcast, we cover: What is off the plan? What are the common types? What are the benefits of buying off the plan? Greater Choice Small deposits Positive buying experience What are the risks and considerations when buying? Builder risk - builders going bust, building defects Liabilities - legal implications of walking away from contracts Market shifts - locking in a price for the value to be lower Asset performance Lack of scarcity - risks when leasing or reselling a property Lending & postcode risk Sunset clauses What you can do to protect and educate yourself Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Every week Buyer's Agent, Pete Wargent and Mortgage Broker, Chris Bates break down and cover everything you want to know about the most important headlines from millionaire migration, wages, and intergenerational wealth. We are on a mission to be Australia's most trusted property podcast so we are here to help cut through some of the noise and help you understand what all the headlines mean for your property. On this episode of the Australian Property Podcast: Intergenerational Wealth: How wealthier parents are helping their children enter the property market and how it can impact the prices of property Wage Growth: Wages peaked lower than expected, below 4%, so what does this mean for inflation, interest rates, and borrowing? What can you do to increase your income? Millionaire Migration: Skyrocketed back in Australia with 125,00 projected for 2023, with increasing numbers of high net worth individuals moving overseas. Are some headed to Aus? Why and how could this affect me? Australian Property Podcast resources: Wage Growth Research Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

How are demographics and property linked? Mortgage Broker, Chris Bates, and Demographer, author, and educator Simon Kuestenmacher deep dive into how demographics will affect your property, the market, demand, and supply now and into the future. This episode will property insights into what factors to consider when purchasing a future home or investment property. You can find Simon Kuestenmacher on Twitter (he has a quarter of a million followers) or in his monthly segment in The Australian. On this episode of The Australian Property Podcast: What is Demographic/Demography? Study of people, why they are where they are, and how many there will be in the future Why are demographics important when it comes to property? What are the links between different life stages and property demands? Key property trends that we are seeing around life expectancy, downsizing, family changes, and the housing shortage Demographics and housing outlook - How housing policies can optimise the housing stock, how to buy a property with future demographics in mind Big demographic changes - effects of COVID, WFM & domestic and international migration Knowledge - the importance of long-term planning and government housing and retirement policies Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

If you're starting your property journey, this is the episode for you! NSW's #1 Mortgage Broker, Chris Bates sits down with Rask's Melissa Vincent to break down some of a first home buyer's questions and concerns. There is a lot to consider as a first home buyer, and it can be daunting to leap from a renter or saver to a homeowner. On this episode of the Australian Property Podcast, we discuss: What should a future first-home buyer be thinking about? Deposits - how much do you really need? What is lender's mortgage insurance? Can I get a parental guarantor? Lending capacity during rising interest rates Property options - new build, fixer upper What future considerations do you need to factor in - work, partner, family Dangers of off the plan What to consider if you are hoping to get capital growth from your property? Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to this week’s 2 Sense, where we take a plain English look at the week's Big 3 property news stories. This week we heard the news of a $45 million record sale in Tamarama, sparking conversation of increased confidence, the budget is still at the front of peoples' minds as to what this means for interest rates and property supply. We will help you cut through all the noise and unpack what this means for you and your property. On this episode of the Australian Property Podcast Buyer’s Agent Pete Wargent and Mortgage Broker Chris Bates discuss: Has buyer confidence and sentiment increased? - record sales this last week is this the start of a shift in the market? How the budget will affect population and housing - with overseas immigration ramping up again how will the housing market keep up? Chris and Pete discuss what this means for property investors and what you can do about it. Inflation narrative shift - with inflation slowing both in Australia and the US we discuss what we think will happen to rate hikes and what this might mean for mortgage rates Lending policy shifts - what could policy shifts in interest rate mean for property owners and investors? And what can you do about it? Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

We love hearing from you and understanding what you are thinking about the property market. On this episode of the Australian Property Podcast Buyer’s Agent, Amy Lunardi, and Found of Rask, Owen Rask are answering some of the latest questions that you our community have asked us! In this episode, we cover the following questions: Can a seller approach a buyer's agent directly rather than engaging a real estate agent in order to reduce fees and marketing costs? - What are the considerations of dealing with a buyer's agent directly, rather than selling with an agent? What are the benefits (and the costs) in terms of price, fees, expertise, exposure & efficiency? The importance of a property team - From buyer’s agents, real estate agents, mortgage brokers & property managers in helping you navigate the nuanced layers and problems in buying, selling, and renting a property Handling emotions around not being able to afford what you want - How to understand what you can and cannot control FIRE (financial independence retire early)- Moving to a cheaper state to retire early, diversifying investments away from pure property & how to manage your finances with your lifestyle, getting advice from financial & property professionals Diversifying your investments - what courses and resources are available? Property in rural mining areas - Is this a growth opportunity? Is it a long-term sustainable opportunity? What if something goes wrong with my property when it's passed an inspection? - What actions can I take? We want to help you prepare for any kind of future - if have anything you’ve been wanting to ask, submit a question and the team and have it featured on the show! Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

We are on a mission to be the most trusted property podcast in Australia. How do we do this? By answering some of your hard-hitting property questions. On this episode of the Australian Property Podcast Mortgage Broker Chris Bates and Rask founder Owen unpack everything from rental properties, to buying with family and Airbnbs. On this episode: Considerations when selling a tired rental property - polishing a property, the importance of digital real estate, selling a property for another which can provide more capital growth Picking the right agent to sell your home - how an agent can style and market your property so that you can get the best price efficiently Compromises when buying a property - what are the important factors for you i.e. location, privacy, lifestyle, transport Servicing your loans (to buy a home) whilst owning and funding a small business Considerations when purchasing an investment property with your family members - binding agreements, goals & dispute resolutions Tax implications of Airbnb(ing) you property - is it worth your while? Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

This week economic news flooded news headlines, between RBA rate rises and the Federal Budget, you might be wondering what this actually means for you and your property. On this week's episode Mortgage Broker Chris Bates is joined by Rask founder Owen will help you demystify all the noise and help you understand how these policy changes and stimuluses can effect you and share a look through into the latest property data. On this episode of The Australian Property Podcast: RBA Rate increase What does this mean? Was the RBA wrong? Will there be any other rate rises? Should people be locking their rates? Core Logic Resources Pack Days on the market are coming down Low listings Dwelling approvals fall to a 2.5 year low Budget Night -what is related to property? 1 million homes? Support for build-to-rent projects Rises in Clearance Rates Big increase last weekend This weeks resources: Core Logic Report Budget Insights Clearance Rates Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Looking to purchase a property? In an environment where there are so many variables and risks it can be daunting to decipher what this means for your risk profile. The team are here to help, Buyer's Agent Amy Lunardi and Owen Rask walk you through 6 ways to reduce risk in when buying a property. On this episode of the Australian Property Podcast Amy and Owen discuss the types of risk that exist in buying property. These include: Finance Market Suitability Building Personal (relationship) Investor There will inevitably be risks when purchasing a property, so this episode will help you measure your risk, understand what you can and cannot control and how to reduce your potential risks and variables so you can purchase a property with the most confidence. Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Are there any encouraging signs that the property shortage is ending? How is demand shifting now people are returning to the cities? How are the richest and poorest postcodes measured? On this week's 2 Sense Pete Wargent, Buyers Agent and Chris Bates, Mortgage Broker give you the low down on the most important and interesting headlines this week. On this episode of the Australian Property Podcast: Market sentiment becoming more positive - what role the media plays in this and how we have already passed 'the bottom'. Retreat from the regions - city demand for housing is on the rise but what is happening regionally? The richest and poorest postcodes - what are the factors that influence, how is it measured & what are the trends and changes First homebuyers stimulus - how can the new government stimulus could benefit you Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you keep hearing about this property shortage and wonder what this really means for you? Buyer's Agent Pete Wargent is joined by Dr Cameron Murray, economist, property specialist and author on this episode of The Australian Property Podcast. Dr Cameron will demystify some of the panic we are hearing on the news and provide insight on the future of the housing market. On this episode of The Australian Property Podcast, Pete and Dr Murray discuss: How can we have a housing shortage? Why aren't more houses being built? Why have the prices gone up? Why does there seem to be a rental crisis all over the world? How can The Australian rental crisis be solved? Housing supply - what are the challenges for first-home buyers, households and immigration How will demand adjust to meet supply shortages? What role can government intervention play in the supply of housing? Australian Property Podcast resources: Dr Cameron Murray on Twitter Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 Amy's 100-point checklist (PDF) INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

What is off market? And is this good for me as a buyer? Or is it designed for sellers? We often hear about properties being purchased "off market", but what does that actually mean? What are the benefits of buying or selling off market? And if I'm a buyer does that mean the seller is actually serious -- how do I know I'm getting the best deal? These are questions Buyers Agent Amy Lunardi gets regularly. She and Owen Rask dive into the finer details of this kind of transaction in today's educational episode. On this episode of the Australian Property Podcast: What does buying or selling 'off market' mean? What are some of the benefits to a buyer? What are some of the drawbacks of looking to buy off market? Is buying off market really for serious sellers? What are some of the advantages and disadvantages as a seller? There can be a range of reasons why someone chooses to sell off market, but so long as you do your due diligence, have the right advice and have done the financial prep work, buying off market can fulfil your property brief and goals. Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

THIS is what to do if you’re in mortgage stress. Property Buying Expert Pete Wargent and Rask founder Owen Rask talk about the latest news on inflation and what this means for you and your mortgage repayments, building insolvencies & how to get out of mortgage prison on this episode of “2 Sense”. On this episode of The Australian Property Podcast Pete and Owen talk: Proposed reform of the Reserve Bank of Australia - what this means for homeowners (is this good or bad for me?) The rise in construction insolvencies - with insolvencies higher than any point in the past decade the team discusses how this will disrupt supply & demand Lending Trends - the good and bad news on inflation figures, what to do if you’re a mortgage prisoner about to be clobbered with higher rates and unable to refinance As we are bombarded with news of the economy and how this may affect us, this episode should help demystify all the noise. Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of the Australia Property Podcast Buyers Agents Amy Lunardi and Pete Wargent discuss buying a property within your budget. Based on a request from a member of our community we are taking a dive into how to get the best quality property based that fits within your budget. Buying a property can be scary at the best of times, so what are the things to look at when buying a property to fit your budget? On this episode of The Australian Property Podcast: Quality - sometimes ‘quality’ is not defined by the price or location, its defined by fulfilling a property brief Understanding financial constraints - what is the best option for me right now, lifestyle considerations & flexibility Considerations when buying a personal home: Do I need to buy ASAP or should I wait and save as a buffer for chaining economic conditions? How would a property fit with my lifestyle? Does this property fulfil my living needs for the foreseeable future? Considerations when buying an investment property: Understanding the risks of leasing a property Does my rental yield offset my cash outflow Will this property provide me with long-term capital growth? If you're considering purchasing a home, whether it be personal or as an investment, Amy and Pete will walk you through how to find a home to fit your property brief and within your financial constraints. Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources ASK A QUESTION Chris' mortgage broking Amy's new property course Pete Wargent's property coaching Join Owen's Rask Core 🌏 membership for $0.99 Learn more about your ad choices. Visit megaphone.fm/adchoices

The process of buying a property in Australia can seem daunting, so what are the steps you need to consider when purchasing a home? On this episode of The Australian Property Podcast, expert Buyers Agent, Amy Lunardi and leading Mortgage Broker, Chris Bates, unpack the process and journey of purchasing a home, all the way from pre-buying to post-buying reflection. You'll love this episode of The Australian Property Podcast if you've never bought a property in Australia (and are nervous), or simply don't know what happens on settlement day! In this property episode Amy and Chris will cover all the stages of your property-buying journey: Before buying - what is your strategy, finding your why, understanding your timeline and ensuring you are financially ready Buying - ensuring you have the right people around you (including buyers agents, lawyers and inspectors), doing your own due diligence and how to ask the right questions and make an offer that wins After buying - what to do after your settlement, getting on top of repayments, building a budget buffer, home improvements and annual check-ins on loans and insurance policies. Buying a great asset can be a challenging journey, but with patience and persistence you will get the best rewards and experience down the line. Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources ASK A QUESTION Chris' mortgage broking Amy's new property course Pete Wargent's property coaching Join Owen's Rask Core 🌏 membership for $0.99 Learn more about your ad choices. Visit megaphone.fm/adchoices

On this Australian Property Podcast 2 Sense episode, NSW's #1 mortgage broker Chris Bates and six-time author Pete Wargent talk about the Sydney suburbs where selling is happening, question if office property will be slammed and why students are rushing back to Australia... Key stories referenced this week: Domain - Sydney suburbs where investors are selling AFR - New Student Visa arrivals are booming Data - Will office property get hit in 2023/2024? Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources ASK A QUESTION Chris' mortgage broking Amy's new property course Pete Wargent's property coaching Join Owen's Rask Core 🌏 membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

What's the difference between a Buyer's Agent and a Real Estate Agent and how/who do they help? Leading Australian property experts Amy Lunardi and Pete Wargent dive head first into the role of a buyer's agent, how auctions and private sales/treaties work, and more! This is another 🧠 educational episode of The Australian Property Podcast. On this episode of The Australian Property Podcast, Amy and Pete cover the following: Location often determines if auctions or private sales are done Private sales and how you navigate them Auctions The specific rules Are they transparent? Buyer's agents 101 Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Pete Wargent's property coaching Join Owen's Rask Core 🌏 membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

What's the difference between a mortgage broker and a financial adviser? How do you pay a financial adviser and can they give advice on property? What should I look for when choosing a mortgage broker? Owen Rask, founder of Rask, and Chris Bates, mortgage broker and former financial adviser, explain how to find a trusted panel of experts, including a financial adviser and mortgage broker. This is another 🧠 educational episode of The Australian Property Podcast. On this episode of The Australian Property Podcast, Chris and Owen cover the following: When to use a mortgage broker Why you would use a broker and adviser, versus an accountant How can they work together and who can provide advice The cost of financial advice and mortgage broking Where to find a good broker or adviser Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Pete Wargent's property coaching Join Owen's Rask Core 🌏 membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

On this Australian Property Podcast 2 Sense episode, NSW's #1 mortgage broker Chris Bates and six-time author Pete Wargent talk about the most popular suburbs in Sydney, where no-one leaves; how the housing supply crisis can solved, and why sentiment plays a huge role in property prices. Key stories referenced this week: AFR - the rental crisis and record immigration Apple News - Sydney's suburbs where no-one sells Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources ASK A QUESTION Chris' mortgage broking Amy's new property course Pete Wargent's property coaching Join Owen's Rask Core 🌏 membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Bates, founder of Blusk, and Pete Wargent, six-time author and expert property buyer, cover the 101 of taxes for property buyers, investors and homeowners. This is another 🧠 educational episode of The Australian Property Podcast. On this episode of The Australian Property Podcast, Pete and Chris provide a brief explainer of taxes on property… (explained, finally!) CGT Income taxes Depreciation Negative gearing & more Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Pete Wargent's property coaching Join Owen's Rask Core 🌏 membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices