In this edition of Current Market Insights, we expose the murky tactics many agents are using to manipulate and control vendors in the market. We also explore the current market conditions, and discuss the risks, or perhaps benefits of the use of A.I in real estate.

Send us a text

As always if there is a specific topic you would like for us to cover, please reach out and let us know!

2GB's John Stanley and Harris Partners' Peter O'Malley dissected the current issues impacting the Sydney Property Market this week. In this interview they cover:

• auctions, 
• weak clearance rates, 
• the strength of the prestige market
• underquoting, 
• buying pre-auction and 
• strata title by-laws and handling building issues. 

Send us a text

As always if there is a specific topic you would like for us to cover, please reach out and let us know!

In this weeks episode, our conversation exposes how some agents might use the allure of potential bargains to attract buyers, probing the ethical boundaries in marketing potentially sensitive properties. We navigate the intricate balance between seductive advertising and the obligation to maintain transparency, all while emphasizing the importance of agents serving their clients' best interests vigilantly. Moreover, we dissect the misconceptions that buyers may harbor due to deceptive marketing practices, providing a crucial guide for steering clear of potential pitfalls in the property hunt.

Peter's market wrap lays bare the truths behind pre-auction sales and the actual clearance rates that contradict the media's portrayal of a frenzied auction climate. From the post-Christmas surge in listings to the dynamics influencing seller decisions, we equip you with a reality check that demystifies the auction landscape. Whether you're a buyer not to be lulled into complacency or a seller pondering the timing of your market entry, this episode offers strategic insights into the ever-evolving property chessboard.

Send us a text

As always if there is a specific topic you would like for us to cover, please reach out and let us know!

Will the recent surge in auction clearance rates hold steady, or are we skimming over deeper market undercurrents? We dissect the data, challenge the optimistic projections for 2024, and shine a spotlight on the Reserve Bank of Australia's monetary maneuvers influencing everything from household budgets to seller strategies. Prepare to look beyond the veneer of market statistics as we analyze postponed auctions and the strategic plays they may conceal.

Send us a text

As always if there is a specific topic you would like for us to cover, please reach out and let us know!

Join us for the latest review of all things Sydney Property with my friend and co host, Mr. Peter O'Malley. Together, we navigate the choppy waters of interest rates, global influences, and the Reserve Bank of Australia's cryptic cues. This episode isn't just a talk; it's a treasure map to understanding the underlying currents that could steer the property market's future. Whether you're a homeowner on edge or an investor with an eye on the horizon, you'll emerge with a keener sense of what's at play in the world of real estate finance.

Step into the auction arena as we dissect Domain's latest clearance rates and square them off against SQM Research's historical insights. The scene is set with a juxtaposition of fierce bidding wars and lackluster listings, where strategy is king and the market's mood swings might just catch you off guard. We strip down the selling game to its core, debating the merits of public auctions versus private treaty sales, and how the RBA's potential rate moves could send ripples through your investment portfolio. Join us for this candid conversation that could very well shape the way you think about buying and selling in today's market.

Send us a text

As always if there is a specific topic you would like for us to cover, please reach out and let us know!

Harris Partners' Peter O'Malley joined 2GB's John Stanley this week to take an early look at the 2024 Sydney Property Market. #harrispartners #housing #rentalcrisis #rba #sold #home

Send us a text

As always if there is a specific topic you would like for us to cover, please reach out and let us know!

This episode isn't just about market predictions; it's your vantage point to see beyond the horizon of real estate dynamics, influenced by international economics and geopolitical tensions. We'll navigate the global monetary policies and fiscal maneuvers that could echo through the corridors of Australian homes, preparing you with the wisdom to make informed decisions in a market that's anything but predictable.

As we pivot to the political chessboard, we discuss the Australian government's move to suspend the 'golden visa', unraveling the threads of foreign investment in the fabric of our urban real estate tapestry. The ripple effects in Sydney and Melbourne markets take center stage, with a candid look at the shifting sands of buyer demographics amidst a burgeoning rental crisis. Whether you're a hopeful seller seeking strategy in an evolving market, or a keen observer of immigration's interplay with housing availability, this episode promises to arm you with insights and advice that could redefine your perspective on property's place in tomorrow’s Australia.

Send us a text

As always if there is a specific topic you would like for us to cover, please reach out and let us know!

In this Preview of the 2024 Sydney Property Market, Louis Christopher offers his forecast for the year ahead. Louis outlines SQM Research’s tried and tested approach to understanding the nuances of the housing market and how the market will perform in 2024, under 4 given scenarios. 

SQM’s base case this year suggests there will be a modest decline in the Sydney market, primarily based on the Federal Government reducing immigration numbers compared with 2023. If the immigration intake is elevated in 2024, property prices are likely to remain high due to a lack of housing supply. 

In this edition of Talking Property, we also discuss hot button issues such as: 

• Rental crisis – the market is set to increase another 10 – 15% in 2024 
• The impact on property prices due to major infrastructure projects 
• Why the RBA will have scope to cut interest rates, even if the inflation rate has not reached the targeted 2% – 3% 
• How the market could rise, even if unemployment increased modestly 
• Why more affordable apartments will challenge prestige property as one of the best performers in 2024 

We hope you find this edition of Talking Property insightful as you embark on your property journey in 2024 

Send us a text

As always if there is a specific topic you would like for us to cover, please reach out and let us know!

The Sydney property market has been a subject of intense scrutiny, especially through the unexpected turns of the global pandemic. In this edition of 2GB Summer Nights, Michael sat down with Peter O'Malley from Harris Partners Real Estate, to dissect the resilience and vitality of Sydney's housing market. Despite widespread pessimism during the peak of COVID-19, the market not only persevered but also saw significant growth—a 12.5% increase in house prices and over 8% for apartments.

What factors have contributed to this surprising upturn? Immigration is one of the primary drivers, as it leads to a growing demand for housing. With a lag in housing supply, this imbalance has led to a staggering 15% surge in the rental market. Furthermore, the soft Australian dollar has proved attractive to international investors, funneling additional capital into the real estate sector. These dynamics have combined to create a robust market that continues to defy expectations. 

Send us a text

As always if there is a specific topic you would like for us to cover, please reach out and let us know!

Brace yourselves as we navigate the intriguing twists and turns of the 2023 Sydney property market with Louis Christopher from SQM Research. We'll be analysing the impact of surging interest rates and the concerns stirred by the RBA regarding escalating housing prices. Get ready to examine the recent slump in auction clearance rates and discuss the disparity in performance between houses and units. We also delve into potential distressed selling scenarios and the effects of the sudden population boost due to the reopening of international borders.

But wait, there's more! We're not only keeping our eyes on Sydney, but we're also dissecting nationwide issues, including the downturn in dwelling approvals. Uncover the possible triggers and the government's role in fostering certainty. Understand the structural decline in listings over the past decade, and how transaction costs are impacting property holding decisions. We'll also discuss the surprising lack of financial distress and how it explains the low number of forced sales. So, get ready for an enlightening conversation that goes beyond the norm, as we uncover the realities and expectations of the Australian property market. Tune in and let's decipher the future together!

Send us a text

As always if there is a specific topic you would like for us to cover, please reach out and let us know!