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

In this episode, we had an eye-opening discussion with Noel Whittaker, who is somewhat of a household name. Noel writes weekly columns in major newspapers in every State in Australia. He also broadcasts regularly on ABC Radio and appears on channel nine. He's written 22 best selling books that have sold over two million copies around the world. His book Making Money Simple set sales records across the country, and was recently named in the top 100 of the most influential books of the last century. Here is some of what we discussed: Labor’s policy on negative gearing - is it a fallacy? Will changes to negative gearing help housing affordability? Depreciation - is it even worth it? Superannuation funds - why are we so disengaged?   SMSF and the importance of getting good financial advice. Join us for some some fantastic property and investment debate.   Download the transcript: www.thelephantintheroom.com.au/podcasts045   Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

You make your money when you buy, not when you sell. In this episode we pick the brains of Kevin Turner, a leading independent property market commentator, that's a mouth full, and host of the very popular podcast for consumers, called Real Estate Talk, and another for agents, called Real Estate Uncut. But he's more than just a star podcaster, Kevin has been able to combine his extensive radio and real estate careers which both date back to the 1980s. We have covered a lot of ground, here’s a snapshot: The downsizing market - lifestyle villages to suit all ages. Multi-generational Living - what developers need to build. Holiday mistakes - don’t buy a house when you are an ice cream licker! Beware of the spruikers - is the negative gearing pitch really worth it? Tips on how to choose a good selling agent. It’s a great episode - we hope you enjoy it! https://realestatetalk.com.au/featured-channels/kevin-turner/ www.thelephantintheroom.com.au/podcasts044 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

In this episode, we pick the brains of Stephen Koukoulas, better known as the Kouk. He’s One of Australia's leading economic visionaries, past chief economist of Citibank and probably most famous for being Chief  Economic Advisor to Julia Gillard. He's renowned for being able to turn complex economic analysis into terms mere mortals can understand. We cover a vast array of topics including: Election Promises by Liberal/Labor - what will happen to negative gearing? The Banking Royal Commission - the effect it’s having on property prices Infrastructure - Is enough in place to cope with population growth ? Why waiting for the ‘bottom of the market’ when looking to buy your home can cost you big. “The Kouk” really lifts the lid on all things economic, housing and the levers that drive the property market. Download the transcript: www.thelephantintheroom.com.au/podcasts0XX Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

Jarrod McCabe is director of Wakelin Property Advisory. Wakelin specializes in the investor market in Melbourne, and Jarrod runs a team of property advisors. Wakelin has been around for decades, and Jarrod's been there for eight and a half years, but he started his career as a valuer almost twenty years ago. Now, he knows the Melbourne’s property market inside out. This episode covers: The importance of streetscape for capital growth Which apartments are in scarce supply and high demand Good property managers and tenants rights Jarrod gives us a tour of Melbourne’s property market and highlights what makes a stellar investment.   Download the transcript: www.thelephantintheroom.com.au/podcasts042 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

Why your first property purchase is your most important financial decision. Meighan Hetherington is one of Brisbane’s most respected buyers agents with 15 years experience and over 650 purchased properties under her belt. This entire episode is dedicated to first home buyers. Getting your first purchase right can set you up for life but getting it wrong can be devastating. We delve into the best sources of advice for first home buyers. Here are some of the big issues we tackle: Is the government actually helping first home buyers or stitching their financial future up? What compromises can first home buyers make and what they should never consider? The dangers in not realising what we don’t know and how first home buyers have the most to lose. This advice is better than anything your parents will tell you! Meighan’s website: https://www.propertypursuit.com.au/ First home buyer survey: https://www.surveymonkey.com/r/5V6S2B6 Free mini course for first home buyers - how to work out the right price to pay: https://homebuyeracademy.com.au/freecourse Download the transcript: www.thelephantintheroom.com.au/podcasts041 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

Simon Kuestenmacher is one of Australia’s rising stars in the world of demography. Demographers study people and because property is all about where people live and what we live in, this is something we need to pay attention to. Simon is probably most well known to be the brains beside the renowned Bernard Salt at The Demographics Group. Here’s some of what we learned in this discussion; How an aging population, death and high migration will shift Australian needs for housing. The population argument - for and against - and why it has lead to an awful outcome in terms of housing stock. The difference both old and new technology will make to the way we live and will we ever get high speed trains in this country? Part researcher, part futurist, what an amazing glimpse into what could be ahead! https://www.tdgp.com.au/ Download the transcript: www.thelephantintheroom.com.au/podcasts/040 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

Stuart Weymss is one of Australia’s top financial experts and has been running his own financial planning & mortgage broking business for over 15 years. Stuart truly gets the important cross-over between good property advice and good financial advice. He’s written many books and his new one Investopoly is a must read because it covers the importance of quality assets and sound evidence based financial strategy. Whether you should DIY or use an adviser to help you with your biggest investment decision in a totally unregulated market. How important is your first property and some cheeky investment strategies for First Home Buyers What qualifies a property to be investment grade and the three things you must do to stay ahead of the herd This is a long one, but we didn’t cut it because there was nothing in that we could. Enjoy.  Buy Investopoly with 30% Discount Code elephant -  https://www.prosolution.com.au/buy-investopoly/ Episode www.theelephantintheroom.com.au/podcasts/039 Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

Bryce Holdaway, Veronica’s TV co-host, is also co-host of the incredibly popular podcast The Property Couch and the soon to be released brand new TV series called Escape From the City. In this episode we discuss the ups and downs of making a sea or tree change. Plus why it’s important to think ahead when you buy property, whether or not you’re moving away from the city. The top three takeaways are: How to mitigate the risks of a sea change or tree change, the importance of “People Like Us” and reminiscing about the lessons learnt while filming. Mindfulness and property decisions and how to do a lifestyle audit before making a big move. The downsides of relocating and what to do in the first year to make it a success. Bryce also makes a big embarrassing confession about Location Location Location Australia!! Get the transcript: www.theelephantintheroom.com.au/podcasts038 Bryce's podcast: wwwthepropertycouch.com.au Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.auSee omnystudio.com/listener for privacy information.

Frank Gelber describes himself as a property forecaster with a long memory. In this interview we are all treated to a masterclass in property cycles from an expert with an impressive pedigree. Frank is a director of BIS Oxford economics and he takes us on a whirlwind tour of the entire Australian property market and explains how interconnected it all is. Here’s what you’ll learn: How buyers can navigate property cycles safely. Options for different players in the property market - developers, short term investors, renovators, long term investors, owner occupiers. What it takes to set off a boom and how long it takes to absorb the excess capacity created during that boom. Which commercial market is about to have an “almighty boom”. In a low growth market should you chase yield? The structural changes in the economy and the knock on effect in our housing. Why removing negative gearing will result in increased rents. The domino effect of a low Aussie dollar, increases in tourism, jobs and population growth. Why corporates haven’t got into residential property investment. Build to rent, is it a good idea and can it work in Australia? Links: Veronica’s case study on two properties in a falling market: https://gooddeeds.com.au/property-selection/not-all-sydney-property-prices-fall/ Frank’s website: https://www.bisoxfordeconomics.com.au/ Work with Veronica? info@gooddeeds.com.au Work with Chris? hello@wealthful.com.au See omnystudio.com/listener for privacy information.

Tim Heavyside, sales agent, auctioneer and director of Melbourne based Fletchers, is the very auctioneer we critiqued with behavioural scientist Simon Russell in our first episode! Tim is the consummate professional, and it should come as no surprise that he is acutely aware of the ways in which his actions influence the behaviour of property buyers. Buyers need to be very, very aware that many auctioneers, particular someone like Tim, invest an enormous amount of their own personal development, education, training and practice to get to a point where they are an absolute expert at what they’re doing. This is a very revealing episode, in which we covered: How he “gets in buyers’ heads” so they engage and bid at auction. How he stops confident bidders scaring off timid bidders. The subtle distinction between indicative sale price and an estimated sale price. What’s Goldilocks and the Three Bears got to do with property? Nasty vendors and nice vendors - who gets the best price? What happens when you get fined for under-quoting. How storytelling gets traction and how traction gets momentum at auction. How often luck is involved at auction for both sellers and buyers. What happens when the owner wants more than the agent has quoted them? The anchoring statements he makes and their desired effect. Veronica’s video on how to set your maximum bid: https://gooddeeds.com.au/auction-tips/how-do-you-set-a-maximum-auction-bid/ Tim’s profile:https://fletchers.net.au/team/tim-heavyside Show transcript and behavioural bias download:www.theelephantintheroom.com.au/podcasts/036 Want to work with Veronica? Send her an email! info@gooddeeds.com.au Want to work with Chris? Send him an email! hello@wealthful.com.auSee omnystudio.com/listener for privacy information.