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

In this episode we go into a deep dive on Domain’s data around changing consumer search patterns with Alice Stolz. Alice is the Managing Editor at Domain and host of Domain's new podcast ‘Property Unpacked’. We discuss why there has been a significant search increase for  ‘home office/study, how the work from home movement has unlocked labor mobility and the current transaction rate and what it means. Here’s what we covered: What are some of the biggest changes in search data? What areas are people searching for now? Has preference in terms of house facilities shifted? Which keyword has soared in search data? What makes a great suburb? Will those suburbs most liveable stay the most liveable in the future? Has there been a spike in transactions? Why has the Canberra market stood strong during Covid? What do clearance rates mean? This weeks Dumbo: Why should always have an agreed 'final number' RELEVANT EPISODES:Suburb Trends July, 2020. Episode 115 | Eliza Owen Episode 132 | Mark McCrindle GUEST LINKS:Linkedin: https://www.linkedin.com/company/domain-com-au/ Facebook: https://www.facebook.com/domain.com.au DOMAIN ARTICLES:The regional NSW suburbs where home searches surged during lockdown Snow region house searches surge as locked-down Victorians dream of a winter escape Interstate searches for property skyrocket during coronavirus lockdown, new data shows Interest from Chinese property investors has declined and is likely to remain subdued 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: hello@wealthful.com.au Send in your questions to: questions@theelephantintheroom.com.au 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, 2020. https://www.theelephantintheroom.com.au/podcasts/133See omnystudio.com/listener for privacy information.

Welcoming back social researcher and demographer, Mark McCrindle, Founder and Principal of McCrindle, a prominent research house that uses data and trends to create strategies for leading brands and businesses. In this episode our hosts pick the brains of Mark to understand the full extent of Covid-19 and its impact on society and how it has altered consumer behaviours on both micro and macro levels. Here’s what we covered: The similarities between Covid-19 and the past economic crisis. What will potentially happen to the social fabric post Covid? Which generations will adopt new practices and who would be adverse to change? How will zero migration impact property prices? How long until migration goes back to normal rates? Will tourism in Australia bounce back? Will it be restored by domestic tourism? Will the lack in international tourism increase the need for a high-speed rail system? How will the work from home movement take over? Why is it in the first time in a century people per household has increase? RELEVANT EPISODES:Episode 76 | Mark McCrindle Episode 130 | Glen James Suburb Trends July, 2020 GUEST LINKS:Sekisui House - Exploring the benefits of apartment living. CLARA - Is Australia ready for High Speed Rail? The Urban Living Index - Measuring liveability of Sydney 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.au Work with Chris: hello@wealthful.com.au Send in your questions to: questions@theelephantintheroom.com.au 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, 2020. https://www.theelephantintheroom.com.au/podcasts/132See omnystudio.com/listener for privacy information.

Starting a new line of monthly episodes for the Elephant in the Room Property Podcast, Veronica and Chris team up with Kent Lardner, Director of Suburb Trends to discuss how different states, regions and suburbs perform; and to break down misconceptions of the property market. This month's Suburbs Trends is all about discussing why different regions perform as they do and the correlation between a suburb's inventory and sales. Here’s what we covered: How many property markets are there? What tools and metrics are used to assess the market? Why is there currently so little stock? What are the 'cold' spots? Why are certain markets flooded with low quality new builds? What property experts should you listen to? How does regional property hold up? How do units hold up against houses? Where are the 'hot' spots? RELEVANT EPISODES:Episode 71 | Kent Lardner Episode 115 | Eliza Owen Episode 123 | Martin North View report Here 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: hello@wealthful.com.au Send in your questions to: questions@theelephantintheroom.com.au 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 on 8 July, 2020. www.theelephantintheroom.com.auSee omnystudio.com/listener for privacy information.

In today's episode our hosts chat with Jessica Brady, financial planner and co-founder of Fox & Hare Financial Advice, which specialises in providing financial advice to young couples and individuals. We discuss the gap between women and men and their financial literacy levels, why you should discuss your financials with your partner and how to find the most appropriate advice. Here’s what we covered: Why women have a lack of confidence in their financial literacy. Why women usually defer their financials to their partner. Why is it crucial to share details of financials with your partner? What happens when men take on more risk than women. How to start talking about money. What honest conversations should you start having with your partner. Why should you be getting financial advice earlier in life? This weeks Dumbo: Using credit cards and personal loans to get the deposit RELEVANT EPISODES:Episode 97 | Jacqui Pollock Episode 111 | Sharon Bradley Episode 130 | My Millennial Money  GUEST LINKS:https://www.ladiestalkmoney.com.au/part-oneHome Buyer Academy Facebook Live Q&A for First Home Buyers - Wednesdays at 7.30pmhttps://www.facebook.com/HomeBuyerAcademyAUS/ HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: info@gooddeeds.com.au Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:www.getauctionready.com.au Use the coupon ELEPHANT for your 30% listener discount. Send in your questions to: questions@theelephantintheroom.com.auSee omnystudio.com/listener for privacy information.

In this episode, our hosts chat with expert millennial Glen James, financial advisor and podcast host of “My Millennial Money”. Glen’s business and podcast focuses primarily on millennial financial goals and “sorting your money out”. We get the lowdown from Glen on how millennials are achieving their financial goals, what they are doing to save for their deposit and whose advice should they be listening to; is mum and dad’s financial advice enough? Here’s what we covered: How are millennials currently borrowing? Who can you trust to advise you on your money? Why advice from previous generations is out-dated. What is eating up your savings? Why should you ‘lose’ your credit card? How has spending, savings and borrowing changed between generations? Are subscriptions eating up your cash flow? Why you don't need a credit card to build your credit score. Are Millennials locked out of the property market? How to engage the most appropriate professional advice. This weeks dumbo: Why Should you not buy property because you can. Elephant rider boot camp Rentvesting vs dream home RELEVANT EPISODES:Episode 116 | Property & Taxes Episode 124 | Martin North Episode 128 | Trends in property investment GUEST LINKS:Home Buyers Academy - Rentvesting Sort your money out - online course HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: info@gooddeeds.com.au Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:www.getauctionready.com.au Use the coupon ELEPHANT for your 30% listener discount. Send in your questions to: questions@theelephantintheroom.com.au 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 on 4 June, 2020.See omnystudio.com/listener for privacy information.

If there is new and emerging technology or innovation coming into the global scene Craig Rispin already knows about it. In today's episode we chat with Craig, author, speaker and advisor. Craig and our hosts discuss how the innovations of today and the societal impact of Covid-19 will alter how we purchase and build property in the future; will the work from home movement take over, 3D printed houses to create affordable housing and technology affecting change in all businesses.  Here’s what we covered: How Covid-19 brought an age of innovation. How do these new innovations impact the property market What will 5G towers do to property prices? How will printing property in the future impact the construction industry? Will the work from home movement take over? How will commercial property be impacted by the work from home movement? Will companies evaluate the cost of living to determine work from home salaries? How has online shopping shaped since Covid-19? This weeks Dumbo: What happens when you buy property to the GFC in America RELEVANT EPISODES:Episode 118 | Pete Wargent Episode 123 | Martin North Episode 128 | Mike Mortlock GUEST LINKS:Future trends group HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: info@gooddeeds.com.au Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:www.getauctionready.com.au Use the coupon ELEPHANT for your 30% listener discount. Send in your questions to: questions@theelephantintheroom.com.au 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 on 2 June, 2020. https://www.theelephantintheroom.com.au/podcasts/128See omnystudio.com/listener for privacy information.

Today’s episode is about data, data, and data with Mike Mortlock, who is returning from Episode 60. Mike is the managing director of MCG Quantity Surveyors which recently released granular data on the Australian property market that showcases the unique behaviours of over 1,500 property investors, including how they are investing, what types of property are they investing in, and what are their motivations to invest. Here’s what we covered: What does micro level data say comparison to macro level data on property investors? How many investors live in their property before they rent it? What locations are people investing in the most? The disparity between what people want to live in, compared to what they invest in. What decisions have individual investors made before investing? How many units were being developed back in 2016? Why are developers moving towards more owner-occupier developments? Does depreciation on property matter? How people are getting sold into property that's glitter not gold. Why is capital growth the best reason to invest into property? What has increased in value more, houses or apartments? This weeks Dumbo: The huge costs of buying property without seeking professional advice. RELEVANT EPISODES:Episode 60 | Mike Mortlock Episode 79 | Cat Burgess Episode 123 | Martin North GUEST LINKS:View the data and reports mentioned in todays episode: https://mcgqs.com.au/elephantintheroom.php HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: info@gooddeeds.com.au Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:www.getauctionready.com.au Use the coupon ELEPHANT for your 30% listener discount. 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 on 21 April, 2020. https://www.theelephantintheroom.com.au/podcasts/128See omnystudio.com/listener for privacy information.

In our third Q&A host special, Veronica and Chris answer your need to know questions on various aspects on property and the process of purchasing: Questions: “What are your opinions on different types of investments (Student accommodation, holiday house, home dwelling, Commercial?)” “If you live in the property are you liable to pay land tax? And if so at what value is anyone really exempt from paying land tax? If so, who? And how do you structure your property ownership to avoid paying land tax?” “How does capital gains tax work and what is the 12 month rule? Are there any exemptions to capital gains tax?” “Why do you think yields are lower from family home rentals” “What happens to your assets if your bank collapses” “Is it worth forgoing an offset account to go with a sharper fixed interest rate?” This weeks Dumbo: How having a bad credit rating can destroy your opportunity of purchasing property What happens when you don’t seek out appropriate financial advice   RELEVANT EPISODES: Episode 57 | Q&A 1 Episode 98 | Q&A 2 Episode 104 | Build-to-rent Episode 117 | Fool or Forecaster report   HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: info@gooddeeds.com.au Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: hello@wealthful.com.au Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:www.getauctionready.com.auUse the coupon ELEPHANT for your 30% listener discount. 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 on 19 May, 2020. https://www.theelephantintheroom.com.au/podcasts/127See omnystudio.com/listener for privacy information.

Predicting the property market and getting it right doesn’t make you a nostradamus but when you get it right and people want an answer, what do you say? In this episode Stuart Wemyss Director of Prosolution and host of the Investopoly podcast joins us back from Episode 39. Stuart shares insights into how the lending space has tightened up on borrowing, why people are upgrading over investing and how he came to his accurate prediction.  Here’s what we covered: How did Stuart get his 2018 forecast? Why are predictions not that reliable? What do the studies show and does it help you invest? Why asset selection is far more important than "getting a good deal". What happens at the bottom of the market? Does your property have the fundamentals that could lead to high capital growth? When should you sell a quality asset? How to become borrower ready? How to maximise your borrowing capacity?  How to best manage your spending. How have low interest rates changed investing strategy? Why to always approach the family home as an investment property? MENTIONED EPISODES:Episode 39 | Stuart WemyssEpisode 117 | Dr. Shane OliverEpisode 123 | Martin North GUEST LINKS:Buy Stuart’s book Rules of the lending game. And use code ‘elephant’ for a discount plus free postage. Buy Stuart’s book Investopoly Subscribe to Stuart’s blog Article: How important is buying below market value? The largest longitudinal study on forecasts Philip E. Tetlock HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: info@gooddeeds.com.au  Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: hello@wealthful.com.au Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:www.getauctionready.com.auUse the coupon ELEPHANT for your 30% listener discount. 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 on 5 May, 2020. https://www.theelephantintheroom.com.au/podcasts/126See omnystudio.com/listener for privacy information.

Damien Cooley is one of Australia's most well known auctioneers and is managing director of Cooley Auctions and the founder of AuctionNow, which has been critical in transitioning the real estate market from in-person to online. In today’s episode, we discuss how buyers and sellers have reacted to the restrictions, the technology that has helped transition the market, and eye-opening data, including: clearance rates, region-specific data and utilisation of online tools. Here’s what we cover: How did the covid-19 restrictions affect auctions? With the technology existing for years, how many auctions were run online? Who cancelled their auctions first?  How does AuctionNow work with different state legislation? How has the clearance rate changed over the last quarter? Has online auction now been normalised? Why did certain regions not adapt to online auctions? What happened to the vendors who were caught in March? Despite the market being tough, will there always be scarce property for sale? Since open houses are back on, will they go back to the norm? Why is this the best time to get back in the market? Is it off market or is it pre-market How are banks pulling finance from clients days before settlement? How to get ahead in auctions? MENTIONED EPISODES:Episode 1 | Simon Russell Episode 2 | Damien Cooley Episode 115 | Eliza Owen GUEST LINKS:Cooley Auctions AuctionNow Cooley Index HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: info@gooddeeds.com.au  Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:www.getauctionready.com.au Use the coupon ELEPHANT for your 30% listener discount. 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 on 13 May, 2020.See omnystudio.com/listener for privacy information.