Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

We have just wrapped up another fascinating year in property, so it's the perfect time to reflect on the trends, surprises, and key events that shaped the housing markets in 2024, and more importantly, look ahead to what 2025 might bring. Joining me today is Dr. Nicola Powell, Chief of Research and Economics at Domain. Together, we'll unpack the major shifts we've seen this year, explore what they mean for investors and homeowners, and discuss the outlook for the year ahead in Domain's End Of Year Wrap Up report. At the end of our show today you should have some more clarity on what lies ahead for our housing markets, so let's get started and see what lies in store for property in 2025. Takeaways 2024 was a year of economic turmoil, but the housing market showed resilience. Interest rates remaining high have created uncertainty for buyers and sellers. The rental market is experiencing a shift with increased stock and lower vacancy rates. Melbourne's property market has underperformed due to various factors that we discuss Political policies will play a significant role in shaping the housing market in 2025. Sustainability is becoming increasingly important for buyers in the property market. The demand for green homes is rising, leading to quicker sales and higher prices. 2025 is expected to be a year of two halves, with potential growth in the second half. Regional markets are seeing interest from buyers seeking affordability. Understanding market dynamics is crucial for successful property investment. Chapters 03:57 Surprises and Predictions for 2024 06:49 Melbourne's Market Dynamics 09:47 Shifts in Buyer Preferences 12:52 Regional vs. Capital City Markets 15:50 Forecasts for 2025 18:42 Government Policies and Their Impact 21:55 Sustainability Trends in Housing 24:40 Economic Concerns and Market Resilience 27:55 Final Thoughts and Predictions Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Dr. Nicola Powell, Chief of Research and Economics at Domain. Domain End-of-year Wrap 2024 Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Shownotes plus more here: Navigating the Property Market: 2024 Insights and 2025 Forecasts from Domain with Dr. Nicola Powell

In this special year-end episode of the Michael Yardney Podcast, I chat with Stuart Wemyss about the key lessons we've both learned from the property markets in 2024 and what we can expect in 2025. Let's face it, 2024 threw plenty at us—rate movements, geopolitical turmoil, falling consumer confidence, uncertainty about rate movements, shifting buyer behaviour, and a housing market that continued to keep investors on their toes. So we explore the impact of interest rates, regional market performance, and the mindset needed for successful property investment in 2025. Takeaways The fundamentals for property in 2025 are sound but it's likley to be a year of 2 halves. Government policies and economic conditions will shape the property landscape in 2025. Successful investors focus on long-term strategies rather than short-term noise. Understanding the multifaceted nature of property is crucial for making informed decisions. The importance of asset selection cannot be overstated in a fluctuating market like we're experiencing. Interest rates are expected to stabilise or decrease, impacting investor confidence in the second half of the year. Perth and Adelaide have shown strong performance due to affordability - but will likley slow down in 2025. Investor behaviour can significantly influence market trends and property values. Luck plays a role in property investing, but preparation and knowledge are essential. Making good long-term decisions is essential for sustained success in property investment. Chapters 00:00 Reflecting on 2024: Lessons Learned 04:29 Market Dynamics: Interest Rates and Borrowing Capacity 07:15 Regional Markets: The Rise of Adelaide, Perth, and Brisbane 10:39 Melbourne's Underperformance: Economic Factors at Play 13:16 Investor Sentiment: The Media's Role and Market Perception 16:38 Navigating Supply and Demand: Quality vs. Quantity 19:25 Creating Your Own Luck: The Importance of Preparedness 22:29 Looking Ahead: Predictions for 2025 25:23 The Role of Financial Services in Property Investment 28:27 Risks and Pitfalls: Caution for Investors 31:36 Long-Term Focus: Making Informed Decisions for the Future 36:44 Navigating Uncertainty in Property Investment 38:46 Winners vs. Losers: The Mindset Divide 40:09 The Power of Choice: Taking Responsibility 40:45 Understanding Market Trends Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Shownotes plus more here: 2024 in Review: Lessons from the Housing Market and Predictions for 2025 with Stuart Wemyss

In this "Big Picture" episode of my podcast I get together with leading financial commentator Pete Wargent, who brings decades of perspective to his views, and we discuss the clues in the news as to what's ahead for our economy and the property markets. Today we discuss the amended outlook for interest rates and what this means for our housing markets, an update on what APRA had to say about when they plan to loosen their lending buffers, what America's new president Donald Trump may mean for Australia, the Help to Buy Scheme, and Australia's ongoing Per Capita Recession. I hope by the end of today's show you'll more clarity about what all this means for our economy and housing markets in 2025. Takeaways Inflation has recently fallen to 2.1%, but interest rates won't fall any time soon. APRA's lending buffers are not set to change soon. Donald Trump's tariff move could change the game for Aussie property investors The rental price boom is showing signs of easing, but rents will keep rising in 2025 2025 is expected to be a steady year for property, with slower capital growth Mortgage stress remains a concern for many homeowners. Government schemes like Help to Buy aim to assist first-time buyers, but will only increase property values. Wealth in Australia continues to rise despite our economic challenges. Black Friday sales have shifted consumer spending habits. Chapters 00:00 Overview of the Year in Property 09:50 Impact of Government Policies on Housing 21:34 Government Schemes and Their Implications 27:04 Navigating Uncertainty in Property Investment 31:47 Understanding Market Trends Links and Resources: Metropole's Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Pete Wargent's blog Pete Wargent's new book, The Buy Right Approach to Property Investing Pete's other book – The New Wealth Way Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Shownotes plus more here: What Will 2025 Bring for Australian Real Estate? Your Big Picture Guidewith Pete Wargent

In this special end-of-year episode, we take a step back to reflect on the rollercoaster that was 2024 in the housing markets and gear up for what promises to be an equally fascinating 2025. And who better to do it with than Pete Wargent, one of Australia's most respected financial and housing market analysts? Together, we'll unpack the highs, lows, and surprises of this past year, and share the lessons we've learned over the past year and offer insights into what we can expect in 2025, including predictions for regional markets and potential risks for investors. Throughout our conversation you'll find that we emphasise the importance of maintaining a long-term perspective in property investment and crafting a solid strategy to navigate the evolving market landscape. Takeaways · 2024 demonstrated the importance of having long-term investment strategies. · The housing market showed unexpected resilience in 2024. · Job market strength has been a significant surprise this year. · The rental crisis will continue to be a pressing issue in 2025. · Investors should focus on owning quality properties rather than quantity. · Construction costs are not increasing as much as they were before, but won't decrease in the long term. · Understanding market cycles is crucial for property investors. · Melbourne is emerging as a potentially undervalued market. · Having a clear investment plan is essential for investment success. Chapters 00:00 Reflecting on 2024: A Year in Review 08:45 The Impact of Interest Rates on Property 15:10 Challenges Faced by the Property Market 21:33 Looking Ahead: Predictions for 2025 27:29 Summarizing 2024: Resilience in the Market 29:40 The Impact of Pessimism on Success 34:35 The Importance of Optimism and Teamwork 34:45 Introduction to Real Estate Investment 34:46 Understanding Market Trends and Analysis Links and Resources: Metropole's Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Pete Wargent's blog Pete Wargent's new book, The Buy Right Approach to Property Investing Pete's other book – The New Wealth Way Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.

It's customary at the end of the year to look back at the year that was and then look forward to making some predictions for our housing markets for the year ahead, and in today's show, Dr Andrew Wilson and I explore the trends that will shape the property markets in 2025. Takeaways The housing market in 2024 has been consolidating after a strong rebound in 2023. 2025 is likely to be a year of 2 halves, and the markets will rebound when interest rates fall. Melbourne's property market is underperforming compared to other capitals but offers significant future opportunities as you can buy well located properties with substantial built in equity. Interest rates will likely remain steady till the middle of 2025, impacting buyer activity and market sentiment. Over 2024, Brisbane, Perth, and Adelaide property markets grew strongly and attracted investors, often buying secondary properties sight unseen Rental growth has slowed due to affordability barriers, but vacancy rates remain extremely low. Investors are returning to the market, particularly in states with strong capital growth. The economic outlook remains positive, supporting housing market stability in 2025. Local factors will drive price growth in 2025, rather than national trends. Understanding demographic trends is crucial for property investors. A strategic property plan can help investors navigate the current market conditions with more certainty. Chapters 01:24 Year in Review: Housing Market Insights 04:16 Trends and Predictions for 2025 07:31 Regional Market Dynamics: Brisbane, Perth, and Adelaide 10:19 Melbourne's Market Challenges and Opportunities 13:15 Interest Rates: Current Landscape and Future Outlook 16:10 Investor Behavior and Market Shifts 19:21 Rental Market Trends and Affordability Issues 22:14 Investment Opportunities in a Changing Market 25:04 Consolidation and Future Growth Prospects 32:16 Introduction to Property Investment Trends 36:14 Introduction to Real Estate Investment 36:15 Understanding Market Trends and Analysis 37:39 Special Offers and Resources for Listeners 39:02 Understanding Property Investment Strategies Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Shownotes plus more here: Looking Back, Leaping Forward: Dr. Andrew Wilson's Predictions for 2025

Today Simon Kuestenmacher and I explore why young Australians are increasingly delaying their dreams of homeownership. We've all heard about skyrocketing property prices and the challenges of securing a mortgage but, as you'll hear, there's more to the story than just affordability. Sure, property prices present a significant barrier, but we also examine lifestyle changes, such as extended periods in education and the prioritisation of experiences over material possessions, reshaping the housing market landscape. We also discuss some very important demographic shifts, including the transition of millennials from urban rentals to suburban family homes, and highlight the rise of build-to-rent and co-living spaces. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Shownotes plus more here: Homeownership Dreams on Hold: What's Really Stopping Younger Generations? With Simon Kuestenmacher

In this episode of Michael Yardney Podcast I'm joined by Brett Warren to challenge a common belief many beginning property investors hold: that those who bought into the market 20 years ago had it easy. It's a complaint I hear often—'If only I had bought back then, property was so affordable.' But what if we told you that investing in property has never been easy? The investors who succeeded weren't simply lucky—they were those who stayed the course through thick and thin. We'll also share the story of Joseph, one of our clients who bought a 2 bedroom apartment in Marrickville, Sydney, back in 2008 and paid $280,000 for his property, which is now valued at nearly $1 million. Takeaways Investing in property has always been challenging, regardless of the era. Long-term thinking is crucial for successful property investment. Emotional resilience helps investors navigate market fluctuations. A strategic plan is essential for achieving investment goals. Quality assets should be prioritised over the quantity of properties owned. Market cycles are inevitable; understanding them is critical to success. Investors should focus on fundamentals rather than short-term data. Education and self-improvement are vital for financial success. Networking with experienced investors can provide valuable insights. Patience and a long-term vision are necessary for wealth creation. Chapters 04:39 Long-Term Focus and Patience in Investing 07:40 Emotional Resilience in Property Investment 10:28 The Importance of a Strategic Plan 13:31 Quality Over Quantity in Property Assets 16:47 Understanding Market Cycles and Trends 19:30 Navigating Interest Rates and Economic Factors 22:46 The Window of Opportunity in Property Investment 24:45 The Importance of Reading for Wealth Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Shownotes plus more here: The Myth of 'Easy' Property Wealth – What Investors Need to Know, with Brett Warren Shownotes plus more here: The Myth of 'Easy' Property Wealth – What Investors Need to Know, with Brett Warren

Our real estate markets have surprised many on the upside this year– especially considering high interest rate environment, but what lies ahead for our real estate markets now? That's what we discuss in today's show Looking back at how previous property cycles played out, I delved back into my memory to see what lessons I could learn from past property cycles I realised that I've probably learned more from the many mistakes I've made than from the things I got right. Now there's a powerful lesson in itself! Anyway…in today's show I share 4 key lessons I wish I'd learned earlier in my investment journey about property cycles. Takeaways · Understanding property cycles is crucial for investors. · The current property cycle began in 2023 and is still evolving. · Market sentiment often misguides investors about property cycles. · Quality properties outperform cheaper ones in the long run. · Different property segments react differently to market changes. · Allow for unforeseen events, or 'X factors', in investment planning. · Investors should focus on long-term strategies rather than short-term gains. · Investors should be cautious of crowd psychology in property markets. · Planning is essential for successful property investment. Chapters 06:31 Market Sentiment and Its Impact 11:46 Diverse Property Markets 19:43 The X Factor in Property Investment 26:23 The Three States of Happiness 30:17 Introduction to the Podcast and Its Value 31:38 Encouragement to Share and Subscribe 32:05 Resources for Further Learning 32:27 Introduction to the Podcast and Its Purpose 32:59 Understanding Property Investment Strategies Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Shownotes plus more here: 4 lessons about the property cycle all property investors must understand

In this episode of Michal Yardney Podcast, I share Warren Buffett's Ovarian Lottery theory, which highlights how luck plays a role in shaping our circumstances and opportunities. In general when we talk about success, we focus on hard work, talent, and determination, but Warren Buffett points out that luck plays an equally important role. The circumstances of one's birth can significantly affect life outcomes, and the gap between the wealthy and the poor is widening. Those born into wealth are more likely to continue accumulating it, while those without such support face greater challenges in building their own financial security. While the world is getting richer overall, the gap between the wealthiest and poorest is widening, and this is reflected in the housing market and the broader economy. The ovarian lottery has a lasting impact on society. By acknowledging its role, we can work towards a future where success is determined not by the circumstances of our birth, but by our efforts, talents, and the opportunities we create for ourselves and others. I also discuss the concept of 'big rocks' in life, emphasising how vital it is to prioritise significant goals and tasks. I stress the importance of gratitude and social responsibility, encouraging myself and others to reflect on our advantages and the significance of helping those in need. Takeaways Warren Buffett's Ovarian Lottery theory illustrates the role of luck in success. Gratitude is crucial for appreciating one's circumstances. Recognizing the advantages we have fosters empathy Reflecting on our luck can lead to a more compassionate society. Social responsibility is a moral obligation for the fortunate. Big rocks are the essential tasks and goals in life. Prioritising big rocks leads to a more fulfilling life. Chapters 00:59 The Importance of Humility and Gratitude in Success 01:30 The Ovarian Lottery Concept 04:22 Luck and Success: A Personal Reflection 07:42 Empathy and Social Responsibility 10:35 Gratitude and Life's Advantages 14:03 Understanding Big Rocks: The Foundation of Priorities 19:49 The Big Rock Story: A Lesson in Prioritization 23:04 Implementing the Big Rocks Concept in Daily Life 27:49 Understanding Property Investment Strategies Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Shownotes plus more here: Investing Success Isn't What You Think: Warren Buffett's Mind-Blowing Secret Revealed

While the Reserve Bank of Australia has kept rates on hold yet again, the big question is—how much longer will this last? And more importantly, when might we see the next rate cut? With the local economy sending mixed signals, it seems that many economists are finding it increasingly difficult to predict the RBA's next move. In fact, they keep changing their forecasts. But it's not just our local factors in play. Overseas developments, particularly the political shifts in the United States with a newly elected president, could have ripple effects that impact our rates here in Australia. How will these global pressures influence the timing of any rate cuts? And what might it mean for property markets and investors looking to plan their next move? That's what I discussed today with Dr Wilson, chief economist of My Housing Market, in today's podcast. Takeaways · The RBA has held rates steady for the eighth consecutive month, but with economic signals unclear, economists are finding it increasingly difficult to forecast the next move. While many expect a rate cut next year, Dr. Andrew Wilson predicts it may not come until at least late 2025. · The RBA has indicated that inflation is unlikely to settle within its target range (2-3%) until 2026. With underlying inflation still above 3%, the RBA is expected to keep rates "restrictive" until inflation is sustainably under control. · Despite the cost-of-living pressures, the Australian economy remains resilient with a low unemployment rate, record-high workforce participation, and robust job growth. Retail sales are also holding strong, staying well above pre-COVID levels. · Political and economic shifts overseas, particularly in the U.S., could impact the RBA's future rate decisions, adding an extra layer of uncertainty for investors and homeowners trying to plan their next steps. · The latest ABS data shows a slight decrease in the total value of new housing loans in September, with a 0.3% drop to $30.2 billion. While investor loans fell by 1.0%, owner-occupier loans inched up by 0.1%. Investor loan values remain high in states with strong housing markets. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Shownotes plus more here: What's Next for Interest Rates? Dr. Andrew Wilson's Predictions for 2025