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

What’s Fueling the Sentiment Shift in Regional Property?

Jun 29, 2025
Matthew Knight, founder of Precium and NSW South Coast property expert, shares on-the-ground perspective from years in regional investment. He discusses the post-COVID market correction, which towns overshot then recovered, the return of Airbnb and holiday-home demand, infrastructure projects reshaping appeal, and practical challenges like schools, services and commuting.
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ANECDOTE

Hard Yakka Selling Beach Subdivision After COVID Peak

  • Matthew described a tough sale of a finished subdivision at Cobargo Beach where selling house‑and‑land felt like 'yakka' in a quiet market.
  • He used local development experience to show beach markets closed up for about two years post‑COVID.
INSIGHT

Big COVID Gains Saw Significant Post‑Peak Corrections

  • Areas that saw 70–90% COVID gains commonly corrected ~20–25% afterward, with isolated beach hamlets falling further.
  • Hamlets lacking jobs, shops or commute options like Culburra Beach and Bendalong took longer—around six extra months—to recover.
INSIGHT

Critical Mass Towns Recovered Faster Than Isolated Hamlets

  • Markets with critical mass—schools, shops, train links and commuter access—recovered fastest and have seen new records.
  • The middle market ($1.5–$2.5m) lagged behind and remained 3–6 months slower to recover.
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