Australian Property Podcast

In this Australian Property Podcast episode, your hosts Pete Wargent from Allen Wargent Property Buyers and Chris Bates from Alcove mortgage specialists talk you through all the latest property market news. Topics covered today:In this week’s episode, Chris and Pete cover:1 – Property investors guide to the election2 – Average wealth passes $1.5m per household3 – Population growth returns to capital citiesResources for this episode:1 – Investors guide to the election- ALP: Help to Buy scheme expanded, and Build to Rent- Coalition: Super for housing, fuel excise cut, and 25% cut to immigration- Lending assessment buffer would be cut to 2.5%- Also cuts to public sector jobs and size if Coalition wins- Not much new for supply measures – just relying on the cycle to pick up generally- Both sides of politics stimulating with demand-side measures- Historically, elections haven’t made that much difference (CoreLogic report)- Maybe unit prices rose a bit more when ALP won – unions and FHOG- Stock markets are under pressure – it seems this time around Trump is bullish for bonds, and bearish for stocks (opposite of 2016)? Which parties offer best policies for investors on pensions, super, housing this election Politicians light match under Aussie house prices 2 – Average wealth passes $1.5 per household- Average household wealth is $618,000 per person- Equates to $1.5m per household- Yes some disparity- Partly speaks to the success of the superannuation system- Aus aggregate wealth is huge at $17 trillion…HUGE- What comes next?Average wealth passes $1.5m per household3 – Population growth reverse to capital cities?- After pandemic 'race for space', cap cities now attractive bulk of population growth- ATH +520,900 in FY2023, Australia's cap city pop grew by +427,800 in FY2024.- Return to office is a driver, some COVID refugees returning to the city- Population growth across regional Australia was +113,800 or +1.3%- Biggest Melbourne (+142,600) & Sydney (+107,500)- Brisbane & Perth recorded extremely fast population growth of +2.7% & +3.1%- What next? Impacts for property? Capital city and regional market update Population growth blazes back to capital cities Rask Resources - these are included by defaultPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Australian Property Podcast, Amy and Chris delve into the complexities of private sales and how to make offers   Negotiation Dynamics: Expect ongoing back-and-forth negotiations, where buyers may present their highest and best offers. This can take place through Zoom meetings or in boardroom auctions rather than through public advertising. Conditional Offers: Conditional offers can complicate negotiations, resulting in a more chaotic process. Simpler offers tend to make for smoother transactions. Vendor's Decision-Making: A streamlined process allows the vendor to assess offers based on terms, not just price, leading to less transparency for buyers. The Two-Step Process Making an Acceptable Offer: The first step is to present an offer that meets the vendor’s expectations. Dealing with Competition: Buyers may need to navigate competing offers once an acceptable one is in place. Essential Questions to Ask Timeframes and Process: When is the property expected to be sold? Is there a set date? If another acceptable offer arises, how long will other buyers have to respond? What is the defined sale process? Will there be offer disclosures? How will negotiations unfold? How are varying terms handled among offers? What is the vendor's ideal settlement timeframe? Have there been any previous offers, and if so, what were their terms? What is the preferred method for submitting offers (contract, email, letter of offer)? Hot tips  Ask Questions: Ensure you understand the exact process by asking thorough questions. Recap Communication: It’s acceptable to follow up with an email or text to recap the discussed process, as this will influence your purchasing strategy. Challenges: The most significant hurdles arise when the seller is uncertain about their sales process. Tune in to learn more about navigating private sales and how to position yourself effectively in a competitive market!Rask ResourcesPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) https://www.amylunardi.com.auAll services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Property Podcast episode, your hosts Pete Wargent from Allen Wargent Property Buyers and Chris Bates from Alcove mortgage specialists discuss the Federal Budget, how COVID-19 impact property over the past 5 years, and also how the 2032 Olympics announcements will impact property markets in Brisbane and across Queensland. Topics covered today:1 – Help to Buy scheme expanded2 – How COVID impacted property in 7 charts3 – Brisbane announces Olympic venues for 2032Resources for this episode1 – Help to Buy Scheme expanded Changes in Help to Buy housing scheme will make most first home buyers eligible, Labor says Labor to make 'Help to Buy' housing scheme open to higher incomes and pricier properties Sharing home ownership with the government will be popular but hardly risk-free 2 – The impact of COVID on property in 7 chartsCharts show how Australia's housing market has changed since COVID3 – Brisbane Olympics venues announced Brisbane 2032 Olympic Games masterplan unveiled Brisbane rates to skyrocket after land values soar Brisbane 2032 can launch state's future if we work together 3 listener questions Your Binge Guide to the Foundations of Property, Finance and Money Management Episodes - The Property Couch Planning, personalised advice on superannuation Other news of interestBudget news Budget night delivers no major surprises Federal Budget 25 March 2025 with Westpac Chief Economist Luci Ellis Households to get $150 power bill rebate as Albanese extends relief Inflation keeps falling: lowest since 2020 Do elections really impact the property market? Rask ResourcesPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) https://www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices

Topics covered today:Navigating property inspections with Pete and AmyPurpose of this list is to not go into a property and check all 100 items, it’s a guide for you to determine what’s important/relevant for you-Inspections – private inspection or open home?Sometimes you only get one chance, and there may not a lot of time!-Take notes & videos (ask the agent)-Does it meet your brief? (if not - why are you there?)Property itself – building inspector does check a lot of things (dampness, roof, switchboard, appliances etc) understand this so you can focus on what’s important to you  What can and can’t you change? Location! Noise Natural light Size (yes and no) Aesthetics Storage Immediate vs future work Parking space/permit parking/traffic –can you fit in the car space? Is there a storage cage included? Make sure you get the right lot number! Renovations (speak to your legal representative) & new structures, sleepout, decking, carports, open plumbing applications. Are they all approved & signed off?For apartments: Car space on title/storage cage Courtyard on title Common area Overlooking OC fees/minutes etc (can do this before/after inspection)      The local area:Can do this before/after the open: Zoning & overlays Planning permits, major works Local amenity School zones Streetscape Transmission lines Social housing And what about the ‘vibes?’ Most importantly - DO YOU LIKE the property? And if not, why not? Resources for this episode Amy’s property inspection checklist Pete’s blog: How to solve the secretary problem Rask ResourcesPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Property Podcast episode, your hosts Pete Wargent from Allen Wargent Property Buyers and Chris Bates from Alcove mortgage specialists talk through Melbourne’s property market switching into gear, the first signs of FOMO in Sydney property this year, and 15% of Kiwis now living in Australia. Pete and Chris also tackle some more of your listener questions. Enjoy!Topics covered today:1 – Bargain hunters move in for Melbourne2 – Sydney market flirting with FOMO3 – Kiwis flee NZ in record numbers Resources for this episode Melbourne's Home Buyers Turn Bullish After Rate Cut​ Bargain Hunters Descend on Melbourne Property​ I/O Lending Headwind No Longer​ Recession-Burned Kiwis Flee to Australia Other news of interest CKC apartment supply report – Sydney hit 14 year lows for unit supply in 2024 Record high student arrivals in February at over 200,000 Who are Australia’s migrants (Simon Kuestenmacher) Housing supply falls further behind target Average household size increasing, but only gradually now IO loans picking up finally? What are you seeing, Chris? Rask ResourcesPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover the essential steps to confidently navigate the property market. Learn why thorough research and creating a detailed property brief are vital before making any offers. Explore the importance of professional advice and due diligence to avoid costly mistakes. Understand the negotiation process, including how to craft standout offers. Plus, gain insights on engaging with agents and effectively conducting inspections. Each step is designed to prepare you for successful property buying in Australia!

In this Australian Property Podcast episode, your hosts Pete Wargent from AllenWargent Property Buyers and Chris Bates from Alcove mortgages talk about the impacts of ex-tropical cyclone Alfred, where the apartment market will turn a corner, and the bounce in sentiment for Melbourne property.Topics covered today:1 – Floods impact insurance2 – How Australia’s property market spun out of control - and what we can do to fix it3 – Apartment cycle turns the cornerResources for this episodeHow to Build a FutureProperty prices, investors, first-home buyers and affordabilityBuilding approvals at 25-month highThe development tide has turned on apartmentsCouncil Housing Targets - ReportHomebuyers can lift their budget & slash their budget – but here’s why they shouldn’tSydney’s most advantaged suburb – it’s not where you thinkRisk of Trump-cession rising – stock markets fall as public sector spending is cut, painfully period of detox ahead for US, plus tariffs uncertaintyTrumpcession narrative catches bidStorm floods some parts of Brisbane and Gold CoastMelbourne is a renter’s oasisOil price at a 3-year lowWhy did inflation surge?Rask Resources Pete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover the essentials of researching real estate like an expert! Learn how to analyze macro property trends and why understanding demographics can shape your investment decisions. Explore suburban nuances, from local amenities to rental demands. Uncover the do's and don'ts of property research, including identifying red flags and conducting due diligence. Plus, hear valuable insights on the importance of professional advice in making informed property purchases. Make confident decisions on your property journey!

In this Australian Property Podcast episode, your hosts Pete Wargent and Chris Bates discuss Australia housing market super-cycle, Cyclone risks for Queensland, and answer a few of your listener questions! Topics covered today:1 – Australia’s housing market super-cycle2 – The rise and rise of mortgage brokers3 – Coalition to mandate 5 days in the office for public servants Resources:The heads of some of Australia’s top home builders demand urgent action to solve the housing crisisAustralia is entering a housing super cycle, Qualitas saysAustralia in the grip of a housing super cycleAustralia is entering a housing super cycle, Qualitas saysAustralia’s housing super cycle: What agents need to know nowThe house price supercycle is just getting goingThree reasons the housing supercycle is just getting goingHousing market supercycle tipped to surge values by 30%CBA, NAB grapple with the rise and rise of mortgage brokersCoalition to force public servants to return to the officeRask Resources Pete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Property Podcast episode, your hosts Owen Rask, Chief Investment of Rask, and Chris Bates, founder of Alcove, take you through 5 easy steps to secure your mortgage.If you like this Australian Property Podcast episode on getting into a property, you'll love the series. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts.Topics covered today: Understanding your borrowing capacity Choosing the right loan Getting pre-approved for a mortgage The mortgage application process Post-approval - what do you after you secure the mortgage Resources for this episode Work with Chris: https://www.raskmedia.com.au/services/mortgage-broking/  Free property course: https://education.rask.com.au/courses/free-property-course/  Ask a question (select the property podcast): https://bit.ly/R-quest  Rask Resources - these are included by defaultPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices