The Elephant In The Room Property Podcast | Inside Australian Real Estate

A property boom is great for those who are already in the market - but is it really?  Today, we’re joined by Eliza Owen, Head of Residential Research Australia at CoreLogic. We explore the answer to questions like, “What risks are rising prices masking?” and talk about F.O.M.O., whether or not having two homes is immoral, the wealth effect, the highlights of the recent Pain and Gain Report, and more! If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: What is happening across the country in terms of property prices? [02:07] Hobart: Defying common knowledge on population & wages [05:53] Displacement by sea & tree changers & investors in regional areas [08:56] Is it immoral to have two homes & practice borderless investing? [10:20] What will happen once the mass exodus to regional areas ends? [14:01] It is somewhat intentional that house prices are rising! [18:54] Exploring the “wealth effect” [19:39] Is the Australian property market too big to make it affordable? [22:34]  The issue with demand and buying assets that will decrease in value [25:52] What the ABS report says about the property most first home buyers go for [27:21] Some interesting highlights from the recent Pain and Gain Report [28:35] Factors that contribute to an extreme win (profit) [35:04] Eliza’s take on making housing more equitable in Australia [38:26] The local initiative to provide housing solutions [43:52] Eliza’s property dumbo [45:53]   Link/s from the Show: CoreLogic: Australian Rents Increase at Fastest Annual Rate Since 2008 CoreLogic: Australian Vendors in the Auction Box Seat Despite Lockdowns   About Eliza: Eliza Owen is the Head of Residential Research Australia at CoreLogic. She has a wealth of experience in property data analysis and reporting. Eliza worked as an economist at Residex, a research analyst at Domain Group and previously as the commercial real estate and construction analyst at CoreLogic. Eliza is passionate about economics, and is a popular keynote speaker, having presented to thousands across the real estate, finance and construction sectors.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]  Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/205   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Property prices rise more rapidly in some suburbs than others and it makes one wonder - what could be behind this movement? Is it purely due to established properties in the area being in high demand, or do building projects & renovations have a hidden impact on price growth? Today, we’re joined by our resident geek Kent Lardner for this month’s Suburb Trends episode! He takes us through his research on the impact renovations have on price growth data, where the ABS renovation values come from, the Gold Coast hinterland’s growth anomaly and more! If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Kent’s approach on researching the impact renovations have on price growth [01:09] What else drives median prices? [02:59] Renovation costs go beyond the renovation itself [04:31] Where do the ABS renovation values come from? [06:24]  A deeper look at the growth data in certain areas [10:32] Renovating big houses to live in versus renting them out [19:35] The unexpected stand-out in growth [23:22] There’s not a lot of building going on in Sydney versus Melbourne [25:39] Comparing the price growth of Newcastle and Wollongong [27:04] The desirability of Fig Tree Pocket, Byron Bay, and Lake Macquarie [29:48] Why the South and Gold Coast areas are worth looking into [33:18] The big price growth anomaly that is the Gold Coast hinterland [34:29] What can we expect on the next Suburb Trends episode? [39:23]   Links from the Show: Visit Suburb Trends Suburb Trends Building Activity Map   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/204   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

While we’re not fans of buying stock built by most developers, we do understand that more housing does need to be constructed. Most people see builders and developers in quite a negative light, so is it possible for them to be driven by purpose rather than profit?  Shannon Peach, Director and Head of Development at Milieu, joins us as we explore the possibility of architecture as a tool to effect positive social change. We talk about advocating for densified middle-ring suburbs, what buyers look for most in a property, and heaps more!  If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Is the industry already making a change, or is Milieu doing most of the work? [01:43] The hope for favourable change in development 10 years down the track [06:04] Advocating for densified middle-ring suburbs [08:46] What is the world doing that we can apply to Australian buildings? [17:39] What Milieu does differently to protect their buyers [23:06] Transparency about who the developers & builders are [25:24]  What can developers do to stand by their product better? [26:26]  Preventing mixed-use developments from becoming ‘white elephants’ [30:29] MIlieu’s target market & expanding their customer base [33:59] Do one-beds and two-beds make developers more money? [39:57]  Is there a higher price per m2 for two-bedders vs one or three-bedders? [43:30] - 45:05  What are buyers asking most for in a property? [46:54] Resales performance of Milieu apartments compared to others [52:06] Shannon’s property dumbo [57:09]   Links from the Show: Check out Milieu Property  Shannon’s interview with Australian Design Review   About Shannon Shannon Peach joined Michael McCormack and Ross Troon in 2014 to help lead the Milieu development business. With a commitment to continue to learn, influence and educate, Shannon’s business and design approach draws on more than 15 years’ experience working in private and public development, construction and finance organisations across Australia.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/203   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Since the latter half of 2020, the prestige property market has seen amazing growth.  This segment is so exclusive that to qualify for the label, the property’s sale price needs to be over $10M in Sydney and Melbourne or $7M elsewhere, and this got us thinking, “Well, what is driving the incredible price growth we’ve been hearing about across this segment?” Michelle Ciesielski of Frank Knight shares insights on why and how this growth in the prestige market is happening, what the ultra-wealthy think about when choosing property to invest in, the concept of “branded residences” and much, much more. If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Where else in the world are property markets booming? [02:35] What is driving the growth in value in prestige market properties? [05:12]  Buying residential property purely for investment not lifestyle benefits [09:42] Where did the 11% increase of prestige market buyers come from? [13:58] An insight on the mindset of the ultra-wealthy [16:25] Will more incredibly wealthy people come to Australia post-pandemic? [19:12] How do global investors think about currency & ‘buying cheap’? [22:45] Tax awareness for expats & overseas investors with property in Australia [25:20] 2 important factors prestige market buyers need to focus on [27:06] The continuous cycle of worsening inequality & build-up of the wealthy [32:33] Considerations for building properties for prestige vs. standard markets [36:16] Is there a push for major developers to repurpose commercial spaces? [39:50] Can you entertain on the 81st floor? [43:24] Do wealthy investors invest in scarce buildings to resell them later? [45:03] The “branded residence” concept [47:07] Are compounding properties common with the ultra-wealthy? [51:43] Michelle’s property dumbo [55:49] Buying in multiple areas & F.O.M.O. [58:09]   Links from the Show: Links to recent Knight Frank reports: The Wealth Report 2021 Australian Prime Residential Review Q3 2021 Australian Prime Waterfront Index 2021 Australian Residential Tennis Court Premium 2021 Knight Frank on LinkedIn Knight Frank on Facebook   About Michelle Michelle Ciesielski is a Partner at Knight Frank Australia and leads the residential research team, providing a platform for clients to make strategic and well-informed investment decisions.  Industry-leading residential insights are shared via publications and presentations specialising in development sites, foreign investment, apartment projects and established property, covering both the prestige and mainstream residential markets across Australia. Michelle frequently appears in local and international print, online and broadcast media commenting on current issues relating to the residential property market. Connect with Michelle on LinkedIn Follow Michelle on Twitter   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/202 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

We’ve been hearing a lot of suggestions on how to solve housing affordability, and one that seems most logical to many (and often hotly debated) is to increase the supply of dwellings. While that might seem like the best way to go, making it happen is not as easy as it sounds.  Peter Tulip, Chief Economist at the Centre for Independent Studies, joins us to explore this issue and dispel some popular myths around housing affordability along the way. We also cover the impact negative gearing and CGT have on property prices and whether changing supply costs can do anything to lower demand. If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Why is housing “unaffordability” a big problem long term in Australia? [01:48] Did Covid contribute to the issue or was it bound to happen anyway? [03:05] Exchange rates & keeping interest rates lower for longer [06:44] Does the government really care about high house prices? [10:57]  The impact negative gearing and CGT have on house prices [13:08] How can we create equality so people can afford a home they want? [17:21]  Highrise development & its impact on neighbouring house prices [20:34] How much does a house's proximity to high-rise buildings impact affordability? [24:58] Planning restrictions can cause other issues beyond housing affordability [28:28] Could the planning controls protect a property’s future value? [31:08] Would changing construction & supply costs do anything to lower demand? [33:22] Should you worry about short-term demand wiping out additional stamp duty savings? [35:04] How can we reconcile the 2-speed market of established vs. new stock? [37:52] Why would you enter a property market with the potential to lose money? [41:37] The power a country’s Reserve Bank has overall [45:15] Is printing more money inevitable for countries with negative interest rates? [46:29] Will migration save the Australian property market & economy? [48:19] What is the Falinski Inquiry trying to achieve? [50:50] Peter’s property dumbo [53:08]   Link/s from the Show: Peter’s recent work Peter’s Earlier Research   About Peter Peter Tulip is the Chief Economist at the Centre for Independent Studies. He’s previously worked in the Research Department of the Reserve Bank of Australia and before that at the Federal Reserve Board of Governors. His recent research focuses on housing and monetary policy.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/201 If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Property investors are often painted in an unsympathetic light by the media and blamed for housing unaffordability, but the important role we play in the economy is often kept under wraps. When it comes to policy formation, we’re largely left out of consultation, but when they need a tax grab, we’re used as pawns by politicians! Knowing this, what threats are on the horizon for property investors and what can be done about them? If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Why PICA was formed [01:58] Does it coincide with the negative gearing & capital gains changes? [04:12] The misuse of data in negative gearing during labour’s policy changes [06:31] Is negative gearing, as a strategy, a good idea? [08:41] PICA on educating property investors on their journey [12:33] PICA’s checklist of what to lobby the government on [15:13] Is PICA being sought for consultation during this policy formation stage? [21:23] Ben’s experience dealing with government policies & lobbies [24:39] Pawns used by the government to stimulate the construction industry [28:28] What could solve the housing affordability problem? [33:05]  What should investors be aware of as regulators slow down the market? [38:02] How many brokers recommend not borrowing the maximum? [43:30] Who does PICA approach regarding new legislations & policies [46:26] The case of consumers being penalised by their lender [48:52] Refinancing based on your risk of leaving & ability to do so in the future [50:54] Helping disadvantaged property investors on the rezoning issue [53:28] Ben’s property dumbo [58:00]   Link/s from the Show: Visit PICA’s website   About Ben Ben Kingsley is the Chair of the Property Investors Council of Australia (PICA). He is also the Founder of advisory business Empower Wealth and may well be best known for co-hosting The Property Couch podcast with co-host Bryce Holdaway. Ben is passionate about educating investors and also bringing them together so that they can have a more powerful voice.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/200   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Whenever the property market booms, frustrated buyers often say, “This can’t go on! Surely this has to stop soon,” and it will. Booms and bursts can’t go on forever! This October, APRA has finally made a move to try and cool down the raging property market. Naturally, questions like, “Will this work?”, “What else can they do if it doesn’t?” and “Why did they need to act on it?” have surfaced and today, we’re going to discuss how APRA’s new measure will likely play out. If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: What does the term “macro prudential measures” mean? [01:25] APRA’s increased serviceability measure [02:44] “Jawboning” to impact confidence [06:30] How much will APRA’s new measure impact the property market? [07:00] Evident flaws in banking calculators during 2012-2015 versus now [09:17] Talks surrounding the DTI limit [10:22] What can APRA do if their new measure doesn’t have the desired impact? [11:59] The struggle with slowing things down without impacting first home buyers [14:21] Is this move a pre-emptive strike to keep investor participation low? [15:04] Why are variable rates still falling & what’s causing it? [21:52] Turnarounds are huge in the broking space [23:44] Look at transactions, not listings! [25:19] Where are the big portions of transactions happening? [27:23] What decision fatigue can cause some investors to do [29:13] Some buyers agents are making alarming purchases at the moment [30:37] The difficulty with identifying a good buyer’s agent [36:28] The two factors that can really slow down the market [41:39] APRA’s measure & the ridiculous amount of growth in the market [43:52] Chris’s property dumbo [47:58] Veronica’s property dumbo [52:29]   Links from the Show: The Growing Housing Affordability Crisis | Michelle Adair (Episode 191)   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/199   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Have you ever wondered why some regions have only grown marginally whilst others have boomed? In this Suburb Trends report for September 2021, we’re joined by Kent Lardner as we look at where prices are moving across the country - whether up or down - and why they vary. We also dive deep into “starfish” suburbs, the rise of rentvesting, the possible exodus of big-city dwellers to regional areas and more! If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Tackling the challenge of property price and growth [01:14] The right indicators don’t guarantee a typical outcome [02:33] “Starfish” suburbs & why they’re behaving the way they are [04:49] Does the socio-economic makeup of Liverpool affect property prices? [06:27] Income versus property supply & demand [08:16] Why has Wagga Wagga not grown the way other regions have? [10:42] The exodus of big city dwellers to regional areas [12:59] Why are mortgages getting bigger? [15:50] How much is price influenced by inventory & percentage change in listings? [16:27] What’s happening in Brisbane suburbs? [17:31] How much will the 2032 Olympics impact sustainable price growth? [20:11]  Brisbane is way more affordable for first home buyers [21:15] A deeper look at Sunnybank [23:47] Prices change dramatically as you travel South [24:46]  The danger of making decision based on chatter in forums [26:47]  The rise of rentvesting [33:35] What is the deal with Cairns-South? [34:46] A lens on Toowoomba & property prices [40:05] Has Perth been doing as well as we expected? [43:51] A look at Canning & Gosnells [48:16] Why hasn’t Adelaide Hills blown-up as expected? [50:07] Are the ‘underperformers’ going backwards? [52:12] A short overview of what the next Suburb Trends episode will tackle [53:40]   Links from the Show: Visit Suburb Trends   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/198   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

For the longest time, success has been equal to how much money and property you own, but is that really the end goal? Is that truly what success is all about? Terry Condon of The Cashflow Co. joins us as we challenge the notion that success can be measured by zeros in your bank account (or how many properties you own, for that matter).  That’s not to say money isn’t important, but how do we use it as a tool rather than view it as an end in itself? How can we take control? If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: Why money management is important to overall happiness & well-being [01:53] How people should approach money from the start [03:24] Terry’s definition of a rich life [05:29] Balancing saving money & investing on life & other essentials [08:12] Alignment versus fulfilment [11:02] Distinguishing ‘well-off’ from ‘well-regarded’ people [12:09]  Problems the 21st Century has created in how people manage money [14:06] Behaviour & identity affect the way people manage money [17:34] Creating fulfilment through mortgage repayments [19:12] Consider if your dream house is worth whatever you need to sacrifice in return [21:11] “Property therapy” for couples & figuring out what they want in property [23:10] Couple dynamics during property searches [27:21] Overcoming “baggage” that hinders people from making better decisions [30:00] It’s all “behavioural advantage” when it comes to money [34:42] Creating urgency to act on their wants [38:16] Mindset matters with money [40:32]  The alarming observation that people like to be spoon-fed [44:39] Why did they name their podcast the Passive Income Project? [48:58] How Veronica got started in real estate [51:58] Terry’s property dumbo [55:19] The Australian psyche of “you can’t lose in property” [01:06:12]   Links from the Show: Check out The Cashflow Co. Episode 46 - What Causes Wishful Thinking and Why Does It Cost Us So Much? Episode 1 - Who is Really Making the Decisions When You Bid at Auction?   About our Guest: Terry Condon is the Chief Education Officer at The Cashflow Co., a money mentorship program, and co-host of the Passive Income Project podcast. He’s driven by the idea that financial intelligence and emotional intelligence can enable most Aussies to build a rich life.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/197   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

We’re always delighted to receive questions from you, our awesome listeners, so today, we’re going to be answering some of them! Do you need evidence for different growth rates within a suburb? Have you always wondered if apartments were better than houses? What about the so-called “lifestyle compounds” and resort style complexes? Are they investment grade? Let’s dive in and talk about stratified medians, doing your due diligence properly, the need to find a really good mortgage broker and lots more! If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]! See you in the episode!   Episode Highlights: How do you find the right asset if capital growth trajectories vary for properties in the same area? [01:32] Local, on-the-ground knowledge [04:34] Stratified Medians [07:52] Choosing an apartment block with retirement options, on a budget [09:02] Knock-on effects of affordability to one, two, three-bedroom apartments [18:01] What will drive apartment prices to the next level? [23:32] Are “lifestyle compounds” worth the investment? [24:40] Anything new ages fast [33:04] What you need to know about upfront deposits and auctions [36:53] Do your due diligence before anything else [38:29] Explaining auctions in hot and slow markets [41:05] Find a really good mortgage broker [45:09]  Thoughts on subsidized social housing & landowners willing to lend their land [51:15]   Links from the Show: Get Auction Ready by Veronica Morgan (Use code ELEPHANT for 30% off) Home Buyer Academy’s FREE Courses Episode 191 - The Growing House Affordability Crisis | Michelle Adair Suburb Trends July 2021 | Best Metrics to Measure Growth? Episode 162 - Houses vs Apartments | Stuart Weymss   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/196   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

With half of the country in lockdown and Sydney just completing its third month, much has been made about the vaccination targets of 70% and 80% of eligible adults being our golden ticket to freedom. How much have these lockdowns affected the economy and the nation’s mental health? Will Australia’s strategy for reopening do the job of balancing health outcomes with growth and prosperity for all?  How well are we managing the health and the economic trade-offs - and what might the next few months look like? Grattan Institute’s Economic Policy Program Director, Brendan Coates, joins us for a very colourful and informative discussion on Australia’s plan to reopen, the strategy being used, how realistic it really is, the challenge with reaching the 80% vaccine rollout, plus so much more! We’ll see you in the episode!   Episode Highlights: How realistic & effective are the steps to reopening the country? [02:32] Is “Covid Zero” now a thing of the past? [06:09] How quickly will we be able to get everyone vaccinated? [09:20] What about the UK’s decision to reopen fully with a 70% vaccination rate? [14:42] Should we have gotten Covid out in the community to avoid burning ourselves in the end? [16:02] Thoughts on Labor’s negative gearing policy [17:38] The challenge of getting to an 80% vaccination rollout [19:17]  Does stopping Covid rely so much on vaccinating kids? [22:36] How about top-ups and boosters? [24:37] Let’s talk about vaccines available & their potency [24:56] Are we rushing vaccine shots too much just to get everyone through? [27:05] Anti-vax proponents & how much they impact the rest of the population [29:22] Did prioritizing physical health cause more mental health problems? [32:20] What we’ve lost to Covid, in an economic aspect [34:42] The debt impact of the pandemic [36:55] Migrant intake and impact when the borders reopen [40:49] The problem with reassuring people that the 80% rollout is our ‘ticket to freedom’ [44:58] On estimate, when will we hit the 80% vaccine rollout? [48:57] Learning, observing & testing before moving to Phase D [51:31] How about people who die due to other causes that couldn’t get an ICU bed? [53:52] What should be happening (that isn’t) at a government level in terms of spending? [55:11] “Leaning against the wind” [58:50] Brendan’s property dumbo [01:02:45]   Links from the Show: Check out The Grattan Institute’s Report: Race to 80   Episode 153 - Accessing Super for Home Buying? Episode 124: The New Normal: Will Your Household Finances Hold Up? Episode 89 - Australia’s Home Ownership Crisis   About our Guest: Brendan Coates is the Economic Policy Program Director at Grattan Institute, where he leads Grattan’s work on tax and transfer system reform, retirement incomes and superannuation, housing, macroeconomics, and migration. He is a former macro-financial economist with the World Bank in Indonesia and consulted to the Bank in Latin America.    Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/195   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

Regardless of location, expats have had to adapt and deal with the effects of Covid. There’s been evidence of expats returning and re-occupying their properties, leading to a shortage of family homes on the rental market. We’ve also heard of people staying put because they’re reluctant to abandon a promising international career and settle for a lesser role in Australia.  Then there are those who want to return when they find the right job and are now actively looking to buy so they’ll have a home to come back to. Most local buyers get spooked by the last group, thinking that they have a lot more money to spend - but do they really? Well, it’s not that simple. You see, buying and selling property while you live overseas brings with it a range of financial - tax - implications. We’re speaking with Brett Evans, the Managing Director for the Europe, Middle East and African region (EMEA) and a Financial Planner with Atlas Wealth Management. We’ll cover a wide range of topics surrounding property, tax, and expat life amid Covid, and dig into some advice that will truly benefit those abroad or those planning to leave the country. See you in the episode!   Episode Highlights: How has Covid affected the expats’ financial plans? [02:47] Are expats still willing to stay abroad despite the financial instability? [05:07] The perception that the government doesn’t care about expats [07:12] Taxation changes for expats [08:53] The impact of the main residence exemption [10:36] The unintended consequences of the changed tax policy [13:34] New qualifying tests to classify which rules apply to you [17:38] Where are expats moving around to? [22:28] What does it mean to be an AU tax resident but live in a different country? [24:58] Does the government double-dip? [28:17] What do expats need to be thinking of in regards to stamp duty? [34:23]  How the policy change is affecting Aussies’ decision to come home [39:23] Do non-residents have to pay more stamp duty than residents? [42:53]  Factors that affect where Aussies move to when coming back home [46:25] The biggest issue with working in Australia from afar [49:35] Advice for expats who want to buy property [54:32] The industry is adept at utilising buyers’ emotions [59:18]   Links from the show: Visit Atlas Wealth Check out NEOM Read about the Saudi Crown Prince’s Vision for Neom on the WSJ   About our Guest: Brett Evans is the founder and Managing Director for the EMEA region for Atlas Wealth Management which is the leading provider of financial advice to Australian expats. With over 24 years of experience in the finance and investments industry, Brett has worked for blue chip companies that include the Australian Stock Exchange (ASX), HSBC, Suncorp and Citigroup. Brett & Atlas Wealth Management have been nominated as a finalist (and have won) numerous domestic and international awards for their specialised advice to Australian expats.   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website:https://www.theelephantintheroom.com.au/podcasts/194   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

It’s no mystery that COVID has affected everyone in one way or another, and some effects will no doubt carry on even after the pandemic has passed. Knowing this, how different will life be when this blows over? What will the new normal look like? Today, Simon Kuestenmacher, Director of Research at the Demographics Group shares his insights into how the pandemic and lockdowns have changed Australia on a number of fronts. If you’ve heard the past episodes we’ve had with Simon, you know you’re in for a treat. We also talk about the changes in population, housing preferences, and consumer behaviour among a whole heap of other valuable topics! We’ll see you in the episode!   Episode Highlights: Lockdown surprises and impact from a demographer’s point of view [01:49] The effect of COVID on boutiques and smaller operators [04:38] Is the flexible work from home setup here to stay? [09:00] Contentment (and discontentment) with working from home [17:00] Have HR regulations kept up with Integrators & Separators who work from home? [19:04] Chris’s ‘elephant in the room’: migration [22:02] Will there be higher or lower skill shortages in the coming future? [26:02] How are Australians coping in & out of the country? [29:31] The census this year was both a blessing and a curse [32:04] Why are people moving away to live outside the city? [35:40] Fertility rate and its effect on the property market [45:17] Balancing the demographics of a city with available housing stock [49:02] The increase in ‘early inheritance’ cases [51:21] Europe’s property market and their rental and home-owning expectations [54:10] Could the Australian property market move into a similar situation as Europe? [56:42] Simon’s property dumbo for this episode [59:35] Growth is the goal [01:01:10]   Links from the show: Episode 40 Episode 138 About our Guest: Simon Kuestenmacher is the Director of Research at the Demographics Group. He has amassed 140,000 followers globally in just two years, who enjoy his insights and his quirky observational style. He is a columnist for The Australian on demographic trends and urban development. Visit Simon’s website: https://www.simonkuestenmacher.com/ Check out The Demographics Group: https://www.tdgp.com.au/simon-kuestenmacher   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/193   If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!See omnystudio.com/listener for privacy information.

We’re living in such a crazy time. COVID is still rampant globally and has more or less affected most markets for better or worse. The property market has also been affected, but how much has it been really hit? Today we’re having a chat with Martin North because we want to get a contrarian perspective. We’ll be uncovering the dark underbelly of what’s driving this property market and seeking his perspective on these crazy times we live in. We talk about whether or not the government has run out of stimulus, what businesses have been hit by COVID, why properties actually CAN go down contrary to popular belief, and so much more. We’ll see you in the episode!   Episode Highlights: Has the government run out of stimulus? [01:46] How sustainable is pumping stimulus at the lower end of the margin? [06:49] These businesses feel the impact of COVID more than others [11:21] Different markets behave differently [14:32] The unit market versus the rest [16:17] The current state of the high-rise property market [19:05] The continuous ‘supply’ of house and land packages [23:12] What’s with New Zealand possibly lifting their interest rates? [24:13] Property prices CAN go down [25:49] Some people are deceptive with how they talk about property & success [27:19] Thoughts on the responsible lending change [32:24] What can APRA do (and not do) about bank lending? [38:27] Is the property market too big to fail? [42:20] RBA: “Immigration is the cause of low price growth” [44:06] What’s the government’s strategy around opening the borders? [46:33] Will increasing interest rates be enough to slow down asset prices? [50:41] Martin’s property dumbo: a story about a granny flat [55:59]   Links from the show: Episode 123 Episode 143 Episode 178 About our Guest: Martin North is the founder of Digital Finance Analytics, a boutique research, analysis and consulting firm that specialises in offering insight into the dynamics of the mortgage, lending, savings, payments and superannuation sectors. Learn more about Martin’s new charity: Asbestos Awareness Australia   Connect with Us: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]  Send in your questions to: [email protected]    Find this episode on our website: https://www.theelephantintheroom.com.au/podcasts/192See omnystudio.com/listener for privacy information.

Housing affordability is on everyone’s mind but what’s being done? In this episode, we welcome back Michelle Adair, CEO of The Housing Trust. The Housing Trust, which is the second-largest housing provider in the Illawarra, delivering subsidised rental homes to over 2000 people, with almost 1100 properties from Thirroul to Nowra. Michelle is at the forefront of the housing affordability crisis. Her professional and personal experiences will move you as she illustrates how deep this problem runs, and who has the ability to rectify it.   Here’s what we cover: What’s wrong with the current housing policy? Is focusing on first home buyers an effective strategy? What is the role developers play in this crisis? What is the economic case for providing more social housing Is welfare enabling further social problems or remedying them? How to balance a growing and a stabilising market? Does the government want low housing prices? Who benefits the most from housing concessions? What role can investors play?   RELEVANT EPISODES: Episode 104 | Build-To-Rent the new standard for renters | Adam Hirst Episode 81 | Will a crisis in confidence kill our apartment market? | Eliza Owen Episode 66 | What's causing Australia's housing affordability crisis? | Michele Adair   GUEST LINKS: https://housingtrust.org.au/Housing: Taming the elephant in the economy [full report]Housing: Taming the elephant in the economy [4-page summary]https://www.canberratimes.com.au/story/7319955/governments-ignoring-holy-grail-of-affordable-rentals/ https://www.smh.com.au/national/before-she-was-a-ceo-michele-and-her-kids-lost-everything-20210427-p57mqu.html   HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected]   Send in your questions to: [email protected]   EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in August 2021 https://www.theelephantintheroom.com.au/podcasts/191See omnystudio.com/listener for privacy information.

We talk to Rebeka Morgan, co-founder of the BuildHer Collective and CEO of Beirin Projects which focuses on high-end renovation and construction in Melbourne’s inner North. Rebekah worked for 14 years in construction management before becoming a developer herself and is passionate about sharing knowledge and experience, both as a tutor at Swinburne University and through the courses and events run by the BuildHer Collective. BuildHer Collective has a huge reach and audience with hundreds of thousands of followers, their influence has transformed lives and properties. This episode is dedicated to our audience who have constructions or renovations currently in the works or being planned out. We tap on all the relevant ways to make the most of your skills and execute a successful build. RELEVANT EPISODES:Episode 163 | Smart Houses: Fad or Necessity? | Brett Savill Episode 109 | Expert Property Styling Secrets & Tricks that sell | Amy Stead Episode 106 | Dodgy developers & Strata Living | Jimmy Thomson GUEST LINKS:BuildHer Collective - Resources Facebook - BuildHer Collective Instagram - BuildHer Collective Pinterest - BuildHer Collective Instagram - Beirin Projects HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July 2021. https://www.theelephantintheroom.com.au/podcasts/190See omnystudio.com/listener for privacy information.

A core focus of the podcast has been to uncover who you can trust and who should you avoid when buying property. Today we are joined by Daniel Butkovich, Money & Advice Editor at Domain. He writes about buying, selling, renovating and investing in property to help educate people, whether they’re just starting out or have owned property for a while, with the aim of helping to inspire confidence in all life’s property decisions. The Australian property market is highly unregulated despite being the preferred investment vehicle for millions of Australians. In such a prosperous but uncontrolled market how do property buyers looking to purchase their first or next set of bricks and mortar do so safely? What should buyers avoid and who should they talk to when mapping out their movements in the market? RELEVANT EPISODES:Episode 175 | Moving regionally: Will it last and will it be sustainable? | Kirsten Craze Episode 168 | Listener Q&A: How to buy your first investment property Episode 166 | Gamestop, interest rates & investing | Scott Phillips GUEST LINKS:https://www.domain.com.au/advice/ BEST ARTICLES - DOMAIN: What could make property prices slow down? How to keep your first property as an investment (and why most home owners don't do it) How to use equity to pay for a car, boat, wedding, holiday, or investment property Tightly held: Why some neighbourhoods are so good that owners don’t leave Money tricks to turbocharge your savings and boost your buying power Refinance, upgrade or both? What home owners should do while rates are still low Are fixed-rate home loan deals below 2 per cent too good to be true? How to estimate the value of a home when the property market is rising How to determine the value of your home How much does it cost to sell a house? HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July 2021. https://www.theelephantintheroom.com.au/podcasts/189See omnystudio.com/listener for privacy information.

In this episode, we chat through our favourite new metric, the ‘tightly held index’. This metric quantifies the amount and type of property that are currently held long term including additional data points that maps out the possible reason for these properties being tightly held. Kent breaks down the data of recent suburb price movement, looking out how the demand for regional property has shifted from 2 months ago. We also scope out the Brisbane market and the future of this relatively infant capital city market. Here’s what we covered: What is the tightly held index? How does this index predict future property movements? What are the potential causes for the property being held long term? What changes in the market will increase the supply of property? What areas have the lowest stock level? Why are specific properties being held and are they worth holding? RELEVANT EPISODES:Episode 186 | Online Auctions | Jesse Davidson Suburb Trends July 2021 | Best metrics to measure growth? Episode 171 | Pain & Gain Q4 2020: Who suffered and who triumphed? | Eliza Owen LINKS:www.suburbtrends.com https://www.suburbtrends.com/suburb-reviews HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in August 2021. https://www.theelephantintheroom.com.au/podcasts/st13See omnystudio.com/listener for privacy information.

We’ve invited Rob Broadhead, CEO of 2020 Fire Protection; member of NSW Govt’s Fire Safety Steering Committee and a Board Director of the Fire Protection Association of Australia. Rob has been in the fire protection industry since 1992, and has contributed to Australian Standards and helped draft fire protection training for Strata and Facility Managers. Rob is passionate about improving general knowledge around fire safety so building occupants and owners can make good decisions about fire protection before the worst occurs. RELEVANT EPISODES:Episode 176 | Developers are in the Government’s crosshairs | David Chandler Episode 113 | What’s behind the wall?: 85% of developments have defects | Dr. Nicole Johnston Episode 103 | Strata owners - rights & obligations | Amanda Farmer GUEST LINKS:https://www.2020fireprotection.com.au/Here is the NSW Fire & Rescue data: https://www.fire.nsw.gov.au/gallery/files/pdf/annual_reports/annual_report_2019_20.pdf Here is an old video showing the difference in time from ignition to flashover between a modern furnished room & a legacy furnished room. https://www.youtube.com/watch?v=LsReYgKpHbE HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July 2021. https://www.theelephantintheroom.com.au/podcasts/188See omnystudio.com/listener for privacy information.

Joining us today to discuss the aftermath of lockdowns in Melbourne on the property market is Jarrod McCabe, buyers agent and director of Wakelin’s Property Advisory. Jarrod’s property career spans two decades covering valuations and investment advice and has played a critical role in adapting to purchasing property during periods of lockdown. With no better expert, Jarrod discusses how last years lockdown impacted the property market and draws similarities to the current wave including what buyers and sellers should expect from the aftermath. RELEVANT EPISODES:Episode 180 | Are buyers agents worth the cost? | Cate Bakos Episode 159 | Why hasn’t the property market crashed? | Eliza Owen Episode 42 | How to invest in Melbourne and avoid overdevelopment | Jarrod McCabe GUEST LINKS:https://wakelin.com.au/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: calendly.com/wealthfulbook/30min Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July 2021. https://www.theelephantintheroom.com.au/podcasts/187See omnystudio.com/listener for privacy information.

How do online auctions work and will they last? In this episode we discuss how properties are selling during the most recent lockdown. Today we have Jesse Davidson, the chief auctioneer and director at AuctionWorks. Just as home buyers and sellers have had to conform to the new normal, industry professionals adapt to restrictions and their customer’s needs. The recent lockdown restrictions have brought back the not so distant memory of 2020, the difference this time is the resilience of buyers in the property market. Digital auction houses have normalised the online auctioning of goods, ranging from a stick of gum to wholesale commercial products, but will property fall into this order or stand out amongst all other purchasable assets? RELEVANT EPISODES:Episode 144 | Making better sales agents (not genetically modified) | Tanja Lee Episode 125 | Innovation in auctioning: how are we selling now? | Damien Cooley Episode 8 | How do skilled auctioneers get your last dollar? | David Scholes GUEST LINKS:https://www.auctionworks.net.au/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July 2021. https://www.theelephantintheroom.com.au/podcasts/186See omnystudio.com/listener for privacy information.

With current movements is buying rural properties still viable? Matt Knight, prolific rural buyers agent of Precium breaks down the numbers and answers our regional based questions. Matt Knight made his own sea change 14 years ago, now has helped clients in a similar position to purchase their regional property, covering an area from Wollongong right down to Batemans Bay. Covid is back at our doorstep will this new wave of infections push more buyers out into the outskirts similar to 2020. Will the domestic migration of last year catch up to buyers as they question if what they bought is what they’ve got? And how much gas does the rural market have left? RELEVANT EPISODES:Episode 173 | Buying in Byron Bay: Overhyped or shrewd investment? | Michael Murray Episode 125 | Innovation in auctioning: how are we selling now? | Damien Cooley GUEST LINKS:https://precium.com.au/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July 2021. https://www.theelephantintheroom.com.au/podcasts/185 See omnystudio.com/listener for privacy information.

Property stories are on the tip of everyone’s tongue when they’ve been successful and glaringly absent when their landlord dreams have gone down the drain. The property market has made rapid shifts within the last 6 months with parcels of land transacting for a fortune, but how did they do it? With capital growth being the most critical element of residential property’s value, how do you predict it? Moreso how can you measure it effectively and what data can you trust to make you a confident buyer in such an overwhelming time? Here’s what we covered: What data is relevant when measuring capital growth? Does being on a main road appreciate or depreciate your property? Is median growth useful or far from it? Where do big research companies get their data and is it consistent? Are current automated valuation models effective? What is a repeat sales index? RELEVANT EPISODES:Suburb Trends June 2021 | Price predictions for the 2nd half of 2021! Suburb Trends May 2021 | Rental Vacancies Suburb Trends April 2021 | Highest median growth suburbs! LINKS:www.suburbtrends.comhttps://www.suburbtrends.com/suburb-reviews https://www.realestate.com.au/news/why-aussie-home-owners-are-holding-property-longer-than-a-decade-ago/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July, 2021. https://www.theelephantintheroom.com.au/podcasts/st12See omnystudio.com/listener for privacy information.

In this episode we’re answering some of our listener questions. We’ll be covering how to maximise borrowing on a low income, what agents mean by ‘expressions of interest”, borrowing from overseas, the research needed when buying your first investment property, dealing with “best and final offers” in a hot market and what due diligence do buyers agents do that regular buyer don’t? Questions: “I'm 26 years old and already have 1 investment property and currently looking for my second. As a landscaper that is only on 65k a year at a job that I love, how would I be able to increase my max loan from the bank? Down deposit isn't a problem with me with a bit over 110k in the bank ready to go. With my wage being so low and me only having my wage as a source of income what would the next steps be getting investment 3 and going into the future. Thanks for your time.” “Hi Veronica & Chris, love your podcast! I have one question for each of you :) For Veronica, I occasionally see a property being listed as "expressions of interest". How is that different to a private treaty sale or auction and what kind of properties are best suited for it? For Chris, could you please talk about the borrowing options overseas Australians might have? Especially if they're asset rich and income poor? Many thanks for your time!” “Hi Veronica & Chris, I am a big fan and long time listener of your podcasts. In short I am 22yo and looking to buy my first investment property and have recently graduated my Civil Engineering degree. I have now moved into FT work in my chosen field of study and in the process of getting my finance pre-approved. If possible, I would love you to discuss the following in regards to undertaking research prior to the purchase of an investment property; 1. Various different online platforms available to the public to research past and future wages growth in numerous suburbs around Australia? 2. Research methods and frameworks you adopt/prefer? 3. Most important research indicators for a investment-grade suburb? i.e. wages, employment, population growth. 4. How to best determine and interpret data available online? i.e. Number of days on market, auction clearance rates, etc. I’m very eager and exciting to begin my wealth creation journey, and would greatly appreciate it if you could take the time to answer my questions. :) Thanks!” “We've bought and sold a lot of different sorts of properties but only in NSW and we were totally bamboozled by the way they do it down there. No auctions, even in a really hot market. They are listing properties with a price, and you are expected to put in your best offer, and then the agent sells it to the highest offer, but without coming back to you to give you the chance to up your offer.” “I have a comment, not a question, after listening to your podcast re hiring a Buyers Agent. I hired a Buyers Agent to assist me in buying an apartment for a family relative to live in. My reason for doing this was primarily to ensure due diligence, not recommend a property. Nicole had a lot of specialist contacts, eg for analysis of body corporate minutes, building contracts, conveyancing etc. I was very happy with the result.” RELEVANT EPISODES: Episode 183 | The Secret to Capital Growth | Jeremy Sheppard Episode 168 | Listener Q&A: How to buy your first investment property LINKS:www.suburbtrends.com.auhttps://www.homebuyeracademy.com.au/https://www.rask.com.au/podcasts/australian-investor-podcast/ https://www.corelogic.com.au/reports/pain-and-gain HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July, 2021. https://www.theelephantintheroom.com.au/podcasts/184See omnystudio.com/listener for privacy information.

What makes prices go up and what data sources can you use to predict the movements?Jeremy Sheppard is the Head of Select Residential Property. Before joining SRP, Jeremy created a suburb scoring algorithm called the DSR (Demand to Supply Ratio). The DSR has been featured in Australian Property Investor magazine and Your Investment Property magazine.Jeremy is a regular contributor to the major property investment publications in Australia and has over 50 articles published, as well as other blogs and has been quoted in major newspapers and appeared on prime-time TV news. RELEVANT EPISODES:Episode 180 | Are buyers agents worth the cost? | Cate Bakos Episode 177 | Australia’s Economic Recovery | Carlos Cacho Episode 167 | Infrastructure & property prices | David Tucker LINKS:https://gooddeeds.com.au/buyers-agents-sydney/sell-my-investment-property-now/ https://gooddeeds.com.au/investment-property/should-you-sell-or-hold-investment-property/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in June, 2021.See omnystudio.com/listener for privacy information.

Within the last decade, the Financial Independence Retire Early (FI/RE) movement has gained a cult-like following, with grassroots communities touting the benefits of living frugally today whilst creating wealth for tomorrow. Veronica and Chris talk with Matt, the host of the Aussie Firebug podcast. Since 2013 Matt has focused on retiring early by creating income streams from property, shares and labour, he projects that he will finally achieve FI/RE by his mid-thirties. Chris asks hard questions about the movement’s current state, particularly citing the communities’ detrimental perspective on the yield over capital growth debate. Will this financial fad burn bright financially liberating individuals, or will the flame fizzle out with unfounded claims and misleading financial advice? If you have ever been curious about the FI/RE movement, this is the episode for you. GUEST LINKS:https://podcasts.apple.com/au/podcast/aussie-firebug/id1080237514 https://www.aussiefirebug.com/start-here/https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766 https://www.mrmoneymustache.com/about/https://www.reddit.com/r/financialindependence/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in June 2021. https://www.theelephantintheroom.com.au/podcasts/182See omnystudio.com/listener for privacy information.

This month we look at year to date data, focusing on how the dramatic price rises of the most recent months may have set the stage for the rest of the year? It has been a challenging time for home buyers and a lucrative opportunity for vendors, but will current market conditions last? How many more times will the buyer’s return to the market to try their luck again? Kent Lardner provides key statistical insights on current trends and their inevitable effect on the property market, revealing the full extent of the recent price rises, with 20% of all markets risen in value by 20%. Here’s what we covered: How inventory levels and price changes relate. What areas with high supply still saw a positive price change? Any areas with low supply and negative price changes? What is the outlook for the remainder of 2021 What areas will be worth investing in later in the year? RELEVANT EPISODES:Suburb Trends May 2021 | Rental Vacancies Suburb Trends April 2021 | Highest median growth suburbs! Suburb Trends March 2021 | Areas with big price falls! LINKS:www.suburbtrends.com https://www.suburbtrends.com/suburb-reviews HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in June, 2021. https://www.theelephantintheroom.com.au/podcasts/st11See omnystudio.com/listener for privacy information.

In this Negotiation Masterclass episode, we turn the tables as Chris Bates interviews Veronica Morgan, discussing the dos and don’ts when it comes to negotiating for property and how to succeed during challenging market conditions. The recent property boom has left buyers destitute with properties selling pre-auction, off the market and far above the reserve. As a result, buyers give up and hope for a market crash that will never come. This episode will educate new buyers and experienced property investors alike, with Veronica hitting key issues facing those entering today’s market. What you will learn: Stop agents taking advantage. How to not miss out at an auction. Checking out competition at open houses. What you should know after your first inspection. How to conduct your initial offer and potential counteroffers. How to keep yourself in check to not react or no action. When to know to let a property go Who you should seek advice from RELEVANT EPISODES:Episode 180 | Are buyers agents worth the cost? | Cate Bakos Episode 110 | Selecting the Best Asset | Veronica Morgan Episode 29 | Negotiation masterclass | Fiona McKenzie GUEST LINKS:Where to Buy Workshop details:www.homebuyeracademy.com.au/workshop How to Price a Property free mini course:https://homebuyeracademy.com.au/freecourse Veronica’s book:www.getauctionready.com.auListener 30% off discount + free postage - use Promo Code: ELEPHANT HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in June 2021. https://www.theelephantintheroom.com.au/podcasts/181See omnystudio.com/listener for privacy information.

Where does the real value lie in buyers agents and how to avoid costly property mistakes? In this episode, we welcome back Cate Bakos to discuss from beginning to end the role buyer’s agents play in assisting consumers to achieve their property objectives and how the guiding principles of REBAA and its members have directed consumers away from risky property mistakes. Cate Bakos has appeared in previous episodes to discuss buyers agents and the value they add to property buyers. Cate is a prolific and experienced buyers agent based in Melbourne and is also the President of Real Estate Buyers Agents Association of Australia (REBAA). REBAA is Australia’s foremost peak body for buyers agents and aims to lift industry standards that protect consumers against rogue operators. The integrity of REBAA has been crucial to highlight individuals and agencies that adhere to self-regulating principles in an unregulated industry. RELEVANT EPISODES:Episode 173 | Buying in Byron Bay: Overhyped or shrewd investment? | Michael Murray Episode 150 | What you NEED to know about the Brisbane property market | Meighan Wells Episode 110 | Selecting the Best Asset | Veronica Morgan GUEST LINKS:www.rebaa.com.au https://www.catebakos.com.au/cate-bakos/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in June 2021. https://www.theelephantintheroom.com.au/podcasts/180 See omnystudio.com/listener for privacy information.

We can’t get enough of your questions. We cover a lot in this episode from the current state of the unit market through to how limited title can impact a property’s sale. We appreciate your questions and enjoy doing these episodes. If you have property related questions or want to test a scenario we would love to hear from you. Questions: “Units down but what about premium units outside of CBD but within 10k radius ? This includes Art Deco units, on larger blocks with smaller divisions for each lot. will we see growth in this market and why are analysts still treating units in high rise CBD the same as all other units despite massive differences in the land area involved for owners of lots, size of room, ornate ceilings, quality I.e double brick etc? Should owners of these properties ignore the analysts talking about units altogether?” “Just listened to your 1st Feb 2021 listener q&a. Surprised by your answer Chris about how to retire from property. Based on what you outlined, if you have enough equity, you would be better to go for yield rather than capital growth. Targeting better more expensive houses with more growth potential but have lower yield just means more time to build up the offset account to completely offset the loan amount and delay retirement. Targeting capital growth would just to be for something to leave the kids. I reckon you could devote a whole episode to this as it is what a lot property people push is financially free through property but does not work if you need to save the full cost of the property you purchase. Sounds like an elephant to me” “Fan of the show, not a question but I have a data point on the limited title. The limited title does lower the price. My first 2 choices were limited title but I couldn't get the loan for it. Ended up going for 50-100k less than my offer. So I think the strategy works by definition. i.e. reducing a number of qualified buyers will on average lower the price. This was in the middle of covid so results may vary. 18 epsom road zetland - 1,165,000 70 rose st chippendale - 1,575,000” “Hi guys, Love the pod! Probably more of a question to Chris. I'm a potential 1st home buyer (on the northern beaches of Sydney) and would like to try and get an understanding on how much are people willing to borrow to get into the market? I was always told don't go higher than 3 or 4 times your annual household income but with the market going crazy at the moment I realise we are going to have to go a lot higher. I understand you can’t give personal advice – But it would be nice to know (on average) what you are currently seeing for 1st home buyers and just in general. I think we might need to go up to 5.5x to get something decent. I also know its not the greatest metric to use in this low rate environment.” “Chris and you keep referring to “ppl on good income”. What is considered a good income, let’s say for Sydney? What’s a reference baseline? Eg. if you are looking at a $1M property then $100K is considered a good income? Assuming 80% lvr.” “Also, what are your thoughts on buying a property in a holiday spot specifically to rent out on Airbnb? Or buying something that could be either tenanted long term OR rented on Airbnb? Also Veronica.. ..you talk a lot about buying a quality asset. Could you please tell us exactly what that means? What are your criteria? Thanks for the podcast, really enjoyable and educational.” “Demand is soaring in capital cities.... demographically-speaking, WHO ARE these people who have flooded into these property markets post-COVID? Where are they finding the huge deposits and servicing mortgages that are now multiples larger for the same properties just a few years ago (even months ago) Where were these people before and why the rush into property now? How are they protected against even small rate rises in the future and are we setting ourselves up for a big correction? A real one this time? What will be the fallout from this?” RELEVANT EPISODES: Episode 168 | Listener Q&A: How to buy your first investment property Episode 162 | Houses vs Apartments Episode 161 | Listener Q&A: Building your own home, retiring on property & sustainable properties? HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in May, 2021. https://www.theelephantintheroom.com.au/podcasts/179See omnystudio.com/listener for privacy information.

In this episode, we welcome back Martin North, Founder of Digital Finance Analytics (DFA). DFA surveys thousands of Australian families to gauge key consumer metrics, which have been crucial in highlighting areas of concern within debt and property prices. This is Martin’s third appearance on the Podcast, previously he has shared bearish views on the property market but maybe in this episode, he has had a change in heart? The economist’s who cried wolf will be known for their false property market crash predictions. It was meant to be peak Covid cases, the tightening of restrictions, the September cliff and in March of 2021 end of job seeker. Here we are in May, the property market has only broken records due to a variety of factors resulting in a lack of quality supply and overflowing demand that has brought new faces into neighbouring suburbs. But what’s next? Will consumers continue to go to auction on a Saturday until they settle, or will they give up waiting for a market crash that may never happen? Alternatively, have consumers bitten off more debt than they can chew, and will a potential cash rate increase bring down property prices to all-time lows? RELEVANT EPISODES:Episode 177 | Australia’s Economic Recovery | Carlos Cacho, Jaden Group Australia Episode 143 | Postcode Analysis: What properties are outperforming the market | Martin North Episode 123 | To buy, or not to buy: that is the question | Martin North GUEST LINKS:https://www.digitalfinanceanalytics.com/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in May 2021. https://www.theelephantintheroom.com.au/podcasts/178See omnystudio.com/listener for privacy information.

We’ve noticed that our audience enjoys episodes featuring economists such as Warren Hogan’s episode 158, Saul Eslake’s episode 152 and the multitude of various well-known voices within this space. Pens and paper in our hand, we chat with Carlos Cacho, Chief Economist of Jarden Group Australia, prior to his position, Carlos served as Chief Economist of UBS Australia. Within our chat, we cover a variety of topics covering the future of Australia, property price movements and the current lending space, taking into consideration the Government doubling down on First Home Loan Deposit Scheme grants and their propensity to incentivise the purchasing of new property over established. How will Australia fare in the global economy, will this recovery be short-lived as other nations take control of their internal struggles against the pandemic? RELEVANT EPISODES:Episode 158 | Top economist puts Australia in the world picture | Warren Hogan Episode 152 | What does top economist say on the current economic environment | Saul Eslake Episode 104 | Build-To-Rent the new standard for renters | Adam Hirst, Mirvac GUEST LINKS:https://www.linkedin.com/in/carlosscacho/ https://www.linkedin.com/company/jarden/mycompany/ https://www.jardengroup.com.au/our-people/carlos-cacho/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in May, 2021.See omnystudio.com/listener for privacy information.

Australian’s have been left high and dry as developers overpromise and underdeliver with no punitive action against offenders, as they lie, cheat and phoenix, negatively affecting Australians looking to get onto the property market. Current booming market conditions are foreshadowing a proliferation of defective new developments putting profits in developer pockets and cracks behind plaster walls. In this episode, we have the privilege of discussing these significant building issues with David Chandler, NSW Building Commissioner, a role that was established in 2019 to combat rogue operators that develop defective, uncertified and unlivable properties. David is a perfect fit for the role thanks to his impressive 40 years of experience in construction, infrastructure and renewal projects. The government’s direct approach aims to stop repeat offenders, improve the quality of new dwellings, and promote quality affordable housing. What is the solution for Australians that have bought defective property and how will the government effectively manage the quality of new dwellings against operators that have historical played dirty and dodged punishment? RELEVANT EPISODES:Episode 162 | Houses vs Apartments | Stuart Wemyss Episode 113 | What’s behind the wall?: 85% of developments have defects | Dr. Nicole Johnston Episode 106 | Dodgy developers & Strata Living | Jimmy Thomson GUEST LINKS:https://www.smh.com.au/national/nsw/it-s-like-a-leaky-boat-icare-home-building-insurance-leaves-taxpayers-on-the-hook-for-700m-20210413-p57ipz.html https://www.smh.com.au/national/nsw/sydney-building-nightmare-set-to-cost-maryam-her-life-savings-20210319-p57cb5.html https://www.linkedin.com/in/david-chandler-oam-875bb1b5/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in May 2021 https://www.theelephantintheroom.com.au/podcasts/176See omnystudio.com/listener for privacy information.

Inklings of the property market slowing down, our hosts analyse rental vacancies to rationalise current trends within the market and what the outlook will be for first home buyers, upgraders and investors?How human behaviour is skewing the data, will the combination of anchoring bias, FOMO and loss aversion put consumers in risky situations as they leave the market with pipe dreams of prices falling? RELEVANT EPISODES: Episode 175 | Moving regionally: Will it last and will it be sustainable? | Kirsten Craze Episode 173 | Buying in Byron Bay: Overhyped or shrewd investment? | Michael Murray Episode 168 | Listener Q&A: How to buy your first investment property GUEST LINKS:www.suburbtrends.com HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in May 2021. https://www.theelephantintheroom.com.au/podcasts/st10See omnystudio.com/listener for privacy information.

In the most recent episodes, we dug deeper into the liberation of labour mobility and the inevitable result of interstate, regional migration. For your benefit explaining how it happened and what the future of Australia may look like. Within this episode, we explore its sustainability, questioning the long term viability of these movements. Will regional movers recent property decisions be short-lived and ultimately lead to their return? Or are these pioneers creating thriving suburbs, which have been bankrupt of new internal financial flows, expanding the possibility of future domestic movements? Prolific and experienced property journalist Kirsten Craze join us for an episode dedicated to the post-Covid sea change, tree change. For those who have been following the podcast since its inception, Kirsten appeared in episode 22, highlighting the issues in headline media and its misleading content relating to the property market. Kirsten’s work has featured in The Daily Telegraph, The Herald Sun, News.com.au, realestate.com.au and Mansion Global. Coupling Kirsten’s two decades of experience in the property market and her own sea-change, she answers the questions: is the grass greener on the other side? RELEVANT EPISODES:Episode 173 | Buying in Byron Bay: Overhyped or shrewd investment? | Michael Murray Episode 22 | How to be a media researcher, not just a reader | Kirsten Craze KIRSTEN’S ARTICLES: Real Estate.com | Regional regret? Warnings and potential pitfalls of a COVID-19-inspired property tree change Real Estate.com | Australian housing: Contemplating a city escape and the possible pitfalls of a COVID-19-influenced sea change LINKS: https://www.linkedin.com/in/kirsten-craze/?originalSubdomain=au HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in April 2021. https://www.theelephantintheroom.com.au/podcasts/175See omnystudio.com/listener for privacy information.

Property prices are skyrocketing across the nation. With desirable suburbs in capital cities bearing the brunt of the current competition, medium to high-income buyers are forced out of their no. 1 suburb flowing onto alternative areas that aren’t ready for their price perception. The influx of the new buyers into unfamiliar areas, wear glasses with out-of-suburb lens’s, warping their idea of what’s worth what and causing unexpected price results as they compete against themself and competitive buyers. This new money has caused prices to soar in areas and property that would otherwise tell a different story if sold last year. The faucet is on, and as buyers flood the basin, the question lies, where will the water drain? In this episode, we are joined by Robert Clarke, the selling principal of Belle Property Annandale. We question the current state of property price expectations and their relation to a real estate agents marketing of price guides. We also myth bust unfounded property tactics that have lost buyers: time, cash and the property. RELEVANT EPISODES:Suburb Trends April 2021 | Highest median growth suburbs! Episode 171 | Pain & Gain Q4 2020: Who suffered and who triumphed? | Eliza Owen Episode 167 | Infrastructure & property prices | David Tucker GUEST LINKS:https://www.belleproperty.com/annandale/robert-clarke/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: wealthful.com.au/contactus Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in April 2021. https://www.theelephantintheroom.com.au/podcasts/174See omnystudio.com/listener for privacy information.

Covid has accelerated the remote work movement. Australians have fled the big city to greener pastures and clearer shores. What better place to a sea change, tree change than Australia’s most eastern tip. Global media coverage has put Australia at the forefront of Covid safe spots, this has drawn celebrities, actors and affluent business owners to find sanctuary in a small beach town in northern New South Wales. Byron Bay has grown from what was a small tight-knit beach community, to become Australia’s most expensive location to buy property, with median house prices in Byron Bay eclipsing the Eastern Suburbs of Sydney. In this episode, we shine the light on the Byron Bay property market, with no better expert than pioneering buyers agent, Michael Murray. Born and bred in Byron Bay, Michael has helped families, friends, celebrities and entrepreneur to find their slice of paradise for over 30 years. The influx of new money has pushed locals out and put mansions on hills, has this changed the bay forever? RELEVANT EPISODES:Suburb Trends April 2021 | Highest median growth suburbs! Episode 160 | Working from Home Movement: Has Covid accelerated the inevitable | Soren Trampedach, Work Club Global Episode 158 | Top economist puts Australia in the world picture | Warren Hogan GUEST LINKS:https://www.byronpropertysearch.com.au/ Facebook.com/byronpropertysearch Instagram -@byronpropertysearch https://www.linkedin.com/in/michael-murray-69b21510/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in April 2021. https://www.theelephantintheroom.com.au/podcasts/173See omnystudio.com/listener for privacy information.

We welcome back Shelley Horton from episode 34. Shelley is the general manager of CoreLogic Valuation Solutions, which advises on the future of valuations’ and their role in the market. The property market is booming. For any transaction -- to buy, to sell, to refinance -- it all requires a valuer. Some valuers are seeing up to 15 properties a day. From desktop valuations to feet on the ground, how are 30 minutes with a property enough to reveal its true value? The reports can have a flow-thru effect on a buyer/seller's decision, leading to action or inaction that could be costly.In this episode, the team and Shelley discuss the state of the valuation industry. Understanding how valuers assess and produce their reports—highlighting the overwhelming need for accurate, objective reports that ultimately guide property buyers to make better decisions. RELEVANT EPISODES:Episode 171 | Pain & Gain Q4 2020: Who suffered and who triumphed? | Eliza Owen Episode 121 | Valuations: What should you know? | Bart Mead Episode 34 | The hidden things to look for when working out the price to pay | Shelley Horton GUEST LINKS:https://www.corelogic.com.au/news/valuing-properties-more-about-expectation-management-valuation-itself HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected]. EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in April 2021. https://www.theelephantintheroom.com.au/podcasts/172See omnystudio.com/listener for privacy information.

Welcome back to another edition of our Suburb Trends report where we look at Australian suburbs’ condition, analysing, rationalising and theorising their present and future. In this episode, we'll focus on the top 10 highest median growth suburbs, honing in only on houses and suburbs with more than nine sales a month. The team looks at the various possible reasons for the growth in these suburbs, dissecting buyer behaviour, financial flows, and the development of new stock on the market. We discuss some suburbs you know and love, questioning if the statistics around median growth is an effective lens to evaluate an area's future? RELEVANT EPISODES:Suburb Trends March 2021 Suburb Trends February 2021 Suburb Trends December 2020 GUEST LINKS:www.suburbtrends.com https://www.suburbtrends.com/top-10-price-change-suburbs HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected]. EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in April 2021. https://www.theelephantintheroom.com.au/podcasts/st9See omnystudio.com/listener for privacy information.

We welcome back Eliza Owen for the fifth time -- we can't get enough of her property market data and insights. Eliza is the head of residential research at CoreLogic and the author of CoreLogic's quarterly 'Pain and Gain' reports, which cover the entire Australian property market at a macro level, then drills down into suburb and property category performance. Eliza is quoted in countless articles and is a regular media guest as an expert in the residential property space. Her data is relied on by governments, the property industry, and individuals who are keen to better understand the property market. As competition shoots up, supply plummets and clearance rates hit 100%, we see how the results of Q4 2020 have set the stage for the current market and potentially the rest of the year. Eliza and the team interpret and break down this data for your benefit. RELEVANT EPISODES:Episode 170 | 2021 Fool or Forecaster Report | Which experts can you trust to get it right? Episode 159 | Why hasn’t the property market crashed? | Eliza Owen Suburb Trends March 2021 | Areas with big price falls! GUEST LINKS:Eliza’s socials: LinkedIn | Twitter Purchase CoreLogic Residential Pain & Gain Report HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in April, 2020. https://www.theelephantintheroom.com.au/podcasts/171See omnystudio.com/listener for privacy information.

Who could've predicted what happened last year? We began 2020 with high hopes and a positive outlook for the Australian property market, after the lows of 2019. Then came COVID-19, which threw everything we thought that was possible right out the window. Panic ensued and the real estate market came to a halt, especially in Melbourne. But as the year progressed and restrictions were lifted, the urge to upgrade and/or buy a first home became imperative, but vendors were concerned about selling in an unpredictable market. This led to a severe lack of supply. Now, with Q1 of 2021 behind us, the property market is thriving with historic clearance rates and FOMO rampant across the nation. In this annual episode, we cover the experts and property pundits who were brave or foolish enough to forecast the year that was. Who got it right and who got it wrong? Which voices potentially impacted the market, and what role did the media play amplifying their opinions and even causing panic? We hope to answer the question: where can you get good advice during a volatile situation? THE REPORT:https://www.theelephantintheroom.com.au/fool-or-forecaster THE EXPERT’S EPISODES:Roger Montgomery - Founder of Montgomery Investment Management June 24, 2019: Episode 73 | Why are so many equity investors bearish about property? Eliza Owen - Head of Residential Research at Corelogic Aug 19, 2019: Episode 81 | Will a crisis in confidence kill our apartment market? March 31, 2020: Episode 115 | The impact of new restrictions & increasing unemployment Aug 3, 2020: Episode 135 | Corelogic report: Pain and Gain, March quarter 2020 Jan 18 2021: Episode 159 | Why hasn’t the property market crashed? Louis Christopher - Founder of SQM Research Jan 13, 2020: Episode 102 | Research data - 2020 Boom or Bust? Shane Oliver - Head of Investment Strategy and Chief Economist at AMP Capital Apr 7, 2020: Episode 117 | The next Great Depression? The next Roaring 20s? Pete Wargent - International Buyers Agent & CEO of Next Level Wealth April 13, 2020: Episode 118 | Current global property market: What you should know. Martin North - Founder of Digital Finance Analytics (DFA) May 11, 2020: Episode 123 | To buy, or not to buy: that is the question Sept 28, 2020: Episode 143 | Postcode Analysis: What properties are outperforming the market Stuart Wemyss - Financial Advisor & Author of Rules of the Lending Game & Investopoly June 1, 2020: Episode 126 | Lending rules & predicting the property market February 8, 2021: Episode 162 | Houses vs Apartments Nicola Powell - Senior Research Analyst at Domain Sept 7, 2020: Episode 140 | Behavioural science of property buying Saul Eslake - Former Chief Economist of ANZ and Bank of America Merrill Lynch Nov 30, 2020: Episode 152 | What does top economist say on the current economic environment Warren Hogan - Former Chief Economist of ANZ July 8, 2019: Episode 75 | Is Australia heading into a recession? Jan 11, 2021: Episode 158 | Top economist puts Australia in the world picture. Superforecasting: The Art and Science of Prediction Paperback https://www.amazon.com.au/Superforecasting-Science-Prediction-Philip-Tetlock/dp/0804136718 HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in March, 2020. https://www.theelephantintheroom.com.au/podcasts/158See omnystudio.com/listener for privacy information.

Lauren Robinson is the Director of Rental Results in Brisbane and has nearly two decades experience in the property management industry. Lauren has also authored the book ‘Rented!’ which helps investors develop successful property management skills. Adding to the arsenal of investment property episodes, we jump into being landlords looking at the roles, responsibilities and benefits.Here’s what we covered: What are typical ways landlords fail? How are vacancy rates currently looking? How has the rental market changed over COVID? What legal responsibilities do landlords have to their tenant? What makes a great property manager? How to successful market your investment property? How is technology changing in the property investment space? What due diligence should you be doing before you buy your investment property? Are all investments equal? RELEVANT EPISODES:Episode 168 | How to buy an investment property Episode 165 | Investing in commercial property Suburb Trends February 2020 | New popular suburbs GUEST LINKS:https://www.rentalresults.com.au/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in March, 2021. https://www.theelephantintheroom.com.au/podcasts/169See omnystudio.com/listener for privacy information.

One of our dedicated listeners Lily, asked six questions around buying her first investment property. The questions were so relevant and important they warranted their own entire episode. We discuss how to assess, prepare and act on buying your first investment property, what you should be buying and how to know if you’re ready.Questions: Financially, what are some indicators you're ready to buy an investment property? (Eg is there a rule of thumb for how much of your place of residence you should pay off first? And does that count money in an offset account?) In terms of location - does the advantage of having local knowledge outweigh the risks of having all your eggs in one basket? (And if the advice is to diversify, does that mean look in a different suburb, or is it better to look in a completely different city? Diversifying makes sense in theory but buying in an unfamiliar city seems risky) Is there any guidance around the value of an investment compared to the value of your place of residence, assuming you can service repayments? (eg would it be weird to have an investment property worth more than your place of residence, assuming you are happy living in a modest home?) In terms of type of property, is it good to diversify from your first property or just to focus on a 'quality asset'? (Eg Our home is a townhouse - should we try hard to get a freestanding house for an investment property?) What are some tips and considerations for structuring mortgages? (Eg we make currently make minimum repayments and keep any extra in an offset, just in case we want to buy or rent elsewhere and keep our current place as an investment property. However, it's looking more likely that this will be our 'forever home' and future property purchases would be investments - or if we didn't want to live here we'd be happy to sell it, rather than rent it out - would that change the strategy?) What are the pros and cons of using the equity in your home as leverage? RELEVANT EPISODES:Episode 162 | Houses vs Apartments Episode 161 | Listener Q&A: Building your own home, retiring on property & sustainable properties? Episode 157 | 2021 predictions & 2020 review HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in March, 2021. https://www.theelephantintheroom.com.au/podcasts/168See omnystudio.com/listener for privacy information.

This month we are focusing on what is not booming! Which suburbs and areas have had the greatest price falls, and why? Within this episode we will recap how the market is currently performing rationalising why these mentioned suburbs have had the greatest drop off and what it means for greater Australia.Here’s what we covered: How is the unit market performing? Where would be the last place you would buy property? How Western Sydney is compared to the city. What patterns and potential causes have impacted these areas? How has the drop in tourism impacted property prices across Australia? Where was the biggest fall in property prices in Australia? Will these areas bounce back in the future or will the demand flow elsewhere? RELEVANT EPISODES:Episode 159 | Eliza Owen Suburb Trends February 2021 Suburb Trends December 2020 LINKS:www.suburbtrends.comhttps://www.suburbtrends.com/suburb-reviews https://au.finance.yahoo.com/news/suburbs-house-price-plummeting-011158856.html?guccounter=1 HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in March, 2021. https://www.theelephantintheroom.com.au/podcasts/st8See omnystudio.com/listener for privacy information.

We welcome David Tucker Chief of Infrastructure Assessment at Infrastructure Australia. David joined Infrastructure Australia in 2018 after over 16 years with some of Australia’s top-tier consulting firms. In this episode we chat shop on how infrastructure factors within the property market and how have airports, roads, transport and essential goods been impacted in recent times from the change in working arrangement and the post-COVID normal.Here’s what we covered: What is infrastructure Australia and why does it exist? What are the different classes of infrastructure? How to assess key projects? What has made certain projects more of a priority than others? How has climate change impacted infrastructure projects and schedules? Has COVID shifted much point of view on the upcoming projects? How do regions compete in getting more spending for infrastructure? What projects should we be most excited about? How does infrastructure impact property prices? What will it take to solve the transport problems in Australia? What gaps in our infrastructure do we currently have and how can this be solved? RELEVANT EPISODES:Episode 158 | Warren Hogan Episode 148 | Bernard Gallagher Episode 145 | Lucinda Harley GUEST LINKS:https://www.infrastructureaustralia.gov.au/publications/Infrastructure_Priority_List_2021 Priority List interactive map: https://www.infrastructureaustralia.gov.au/search-priority-list-map Infrastructure beyond COVID-19: https://www.infrastructureaustralia.gov.au/publications/Infrastructure-beyond-COVID HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in March, 2021.https://www.theelephantintheroom.com.au/podcasts/148See omnystudio.com/listener for privacy information.

Welcoming back Scott Phillips, Chief Investment Officer of the Motley Fool. In this episode he details the current investment market, where people are putting their money and who is winning big and who are losing it all. We expand the chat discussing how interest rates are playing into the overall picture of Australian property, shares and cryptocurrency.Here’s what we covered: Why are buyers so confident investing into bricks and mortar? What other investments are going off? How did the craze of Gamestop happen and what will be the after effects? What is happening in the share market? What are the kinds of people investing and will they continue to invest? Will bitcoin continue to boom or bust? Will the TechReck happen? Have Australian saved or spent more during Covid? What is better to invest into super or property? Should you upgrade your house or invest? RELEVANT EPISODES:Episode 159 | Eliza Owen Episode 152 | Saul Eslake Episode 69 | Scott Phillips GUEST LINKS:https://podcasts.apple.com/au/podcast/the-rba-takes-three-years-off-what-does-it-mean-for-us/id1118867383?i=1000507802202 HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in March.See omnystudio.com/listener for privacy information.

Steve Palise is a commercial property buyers agent, who started his career as an engineer but found his passion in commercial property. He has helped thousands of clients secure and purchase properties across every state and has achieved amazing outcomes whilst reducing their risk. In this episode Veronica and Steve discuss the intricate differences between commercial property and residential property; how it grows, why people invest into it and how it can add to your portfolio.Here’s what we covered: How does commercial property investment differ from residential What type of investor buys commercial property? What are the options to getting into commercial real estate? How do you minimise your risk with commercial property? What due diligence needs to be done when commercial property? How is commercial property valued? Is capital gains a big part of the value proposition of commercial property? How is interacting with the tenant different from residential property? RELEVANT EPISODES:Episode 160 | Soren Trampedach Suburb Trends November 2020 | University Towns GUEST LINKS:Buy Steve Palise’s book: https://www.paliseproperty.com/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in February, 2020. https://www.theelephantintheroom.com.au/podcasts/165See omnystudio.com/listener for privacy information.

Marty Sadlier has over 19 years experience in the building and construction industry, he is the co-founder of MCG Quantity Surveyors which is recognised as Australia’s fastest growing quantity surveying firm; working with big names in business like McDonalds, CBA and Westpac. In this episode Marty breaks the news to Australians about the widespread building defects, the unbelievable underinsurance across Australia and what property investors should be doing to safeguard their biggest asset. Here’s what we covered: How underinsured are Australians? How to work out how much you should insure your house for? Are online value calculators accurate? How does extra costs such as demolish get lost in property owners calculations? Can you insure depreciating buildings? What is the difference between a valuer and a quantity surveyor? Do apartment 5 year valuations increase their premiums? How many buildings have flammable cladding? Are things improving around building defects or is it getting worse? RELEVANT EPISODES:Episode 138 | Simon Kuestenmacher Episode 121 | Bart Mead Episode 113 | Dr. Nicole Johnston GUEST LINKS:https://www.mcgqs.com.au/elephant/ Fire Cladding Blog Common building defects Blog Final NSW Government Report into Building Standards and Quality Blog HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in February 2021.See omnystudio.com/listener for privacy information.

The future is now? Speak to your house, have an AI butler and automate your life… maybe not now but when? In this episode we chat to Brett Savill, CEO of Quantify Technology, an ASX-listed technology business dedicated to simplify living environments with ‘smart housing’. Our hosts and Brett discuss the current state of smart houses, the future of housing across the globe and how technology companies like Quantify Technology play into this. Here’s what we covered: Why has it taken so long for smart houses to get where it is now? Out of all of the products which are best suited for home automation? What should a homeowner expect to pay for a smart house? Does fitting a house with smart technology increase it’s value? What are the benefits of fitting a house with smart technology How do big international players like Google and Amazon fit in this picture? Cyber-security is a major issue, how will you data be used? How should homeowners think about data communication? Is it expensive to set up and install? RELEVANT EPISODES:Episode 161 | Q&A Episode 156 | Sentiments on the decade ahead Episode 148 | Urban Design: What will future Australia look like? GUEST LINKS:https://www.quantifytechnology.com/directors/brett-savill/ http://linkedin.com/in/brettsavill HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in February 2021 https://www.theelephantintheroom.com.au/podcasts/163See omnystudio.com/listener for privacy information.

Kent Lardner & the hosts took a look at the most popular searched suburbs from a year ago and discussed whether being popular then resulted in price increases. The 10 most searched suburbs in Australia were in Sydney and Melbourne and they fit in two buckets, aspirational and affordable. Listen and find out which performed better. Here’s what we covered: Why is regional NSW looking strong for both units and houses? Why will the Sydney market always run hot? Where is the mass exodus of Melbournites heading to and what are they buying up? How does an outer edge suburb like Hornsby experience such rapid growth? Who were the owners that saved the Paddington and inner east terrace house? Who will miss out at auction in Melbourne and how are home buyers preparing themselves to purchase? RELEVANT EPISODES:Episode 162 | Stuart Wemyss Suburb Trends December 2020 Suburb Trends November 2020 LINKS:www.suburbtrends.comAustralia's most popular suburbs revealed HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected] Send in your questions to: [email protected] EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in February 2021 https://www.theelephantintheroom.com.au/podcasts/st7See omnystudio.com/listener for privacy information.