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: [email protected]

Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: [email protected]

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/128

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