Performance Property Data

Sharon and Heath discuss how the proportion of owner-occupiers or investors in an area can impact on house prices.

'Performance Insights' is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel.

'The Property Pineapple' is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses.

'Property Insiders' is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise.

For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au to become a part of the Performance Property Community for access to exclusive content.

"Once you add all these allowances to the base wage, that's what really gives the expats buying power. And that's why it's such a great opportunity for them at the minute."

David McMillan welcomes his namesake, old school friend and football teammate, David Petrevski onto the show. The two Davids have been teaming up recently bringing sound advice and strategy to Australian expats, and here they chat about this often overlooked and neglected area of the financial service industry.

Acknowledging that we are currently in a very difficult time for financing, David P. states that he is interested in expats because he has a genuine interest in helping people out and often likes to get into things when they are challenging. He is also happy to spend more time overseas.

With all the Australian banks closing down a lot of their face-to-face operations overseas, there are many opportunities for financiers, and the two Davids discuss their partnership in this space.

Few people are currently choosing to work in expat funding due to its difficulty, although David P. says that it was always so. They discuss the practice of income "shading", whereby banks drastically reduce an expat's loan-servicing income because of currency conversion. However, high wages and other allowances mean that expats still often have a lot to invest with.

One significant change is how banks have become more risk-averse in relation to loan-to-value ratio (LVR) with lending. This simply means that expats need to have access to more cash in order to qualify for lending.

David P. argues that expats considering investing back home should not be discouraged by the apparent obstacles. With enough of a cash deposit, and the right advisor in their corner, financing is still available and affordable.

About David's guest, David Petrevski

With over 17 years of experience in the financial services industry, David possesses not only industry knowledge and experience, but also a desire to help people achieve their long term personal and financial goals.

As founding partner of Australian Finance Advocates, David's role is to help build relationships within the financial services industry that add value to their team of mortgage consultants and in turn provide a flow on effect of benefits to their customers.

About the host, David McMillan

During his 16 years in the property industry David has worked as a property valuer and property adviser to private clients, financial planners, accountants, finance brokers, major banks and governments. He has been involved in more than $500M worth of transactions across Victoria, New South Wales, South Australia & Queensland.

Since 2009, David has been specifically focused on helping medical professionals, expats, business owners and busy executives build effective property portfolios.

David is a fully licensed real estate agent in Victoria, South Australia and Queensland (CEA), Certified Practicing property Valuer (CPV), Qualified Property Investment Advisor (QPIA) and most importantly is an active property investor. David joined the Australian Property Institute in 2001 and is now an Associate (AAPI) and in 2009 became a member of the Real Estate Institute. David currently sits on the board of Property Investment Professionals of Australia (PIPA) to promote ethics in the property investment industry.

'Property Insiders' is one of three segments you will hear on the Performance Property Data podcast. Released fortnightly, they are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise.

'The Property Pineapple' is released monthly and is hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins, and admitting their losses.

And 'Performance Insights' are released every Wednesday and Friday, giving you technical information and the lowdown on key property markets around Australia. These episodes are also available as short videos at our youtube channel.

For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au to become a part of the Performance Property Community for access to exclusive content.

Sharon Taylor and David McMillan chat about inflation, covering what it is and its importance to growth in income, rental yields, and house prices.

'Performance Insights' is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel.

'The Property Pineapple' is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses.

'Property Insiders' is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise.

For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au to become a part of the Performance Property Community for access to exclusive content.

"So it's hoping for the best, but preparing for the worst."

Sharon's guest today on The Property Pineapple is her colleague at Performance Property Advisory, Acquisitions Manager, Tomas Turkayoglu. Tomas studied Construction straight after school, and then switched his major to Property. Despite his youth - Tomas is only 26 years old - he has a wealth of knowledge and experience in purchasing investment properties.

Earlier this year, Tomas bought his first property in Ballarat. Not originally sold on the idea of buying in Ballarat, he was swayed by the research. In the end it came down to affordability and potential for strong rental yields. He was keen on a house that would be appealing to renting families, as well as being a nice character home, with a good land component, that was close to public transport.

In addition to this, regional areas are attractive for investors in the current climate, as they offer affordability when the cities have reached their peak. They can provide a stepping stone to a larger asset in the city, while appreciating your savings at a greater return than a bank would.

Tomas speaks about his long-term goals, which is essentially building wealth. He is confident in following the research when purchasing properties, and wishes to add as many to his portfolio as he can.

To help with achieving this goal, Tomas has made the decision to live at home with his parents. This has been a sacrifice, but he still manages to have a good social life. He is in good company too, with many of his friends also in the property investment market.

Tomas lays down three tips for people who might be in a similar position to him. He advises people to make realistic and smart decisions. This involves not drastically changing your lifestyle as this might mean not being able to commit to such sacrifices long-term. Finally, and most importantly, stick to a manageable plan.

Tomas and Sharon chat about the importance of having a cash buffer. Tomas says that his cash buffer is there for security, and he acknowledges that old homes will need maintenance and so having some cash for expenses is necessary. The cash buffer is also good for covering any shortfalls that may occur. It's about hoping for the best, but preparing for the worst.

Sharon asks Tomas about the due diligence he performed on his property before he bought it. The main thing was to have in mind the absolute top purchase price he was prepared to go after. Next, came the building and pest inspection. Thanks to this, he knew the house wouldn't need any immediate works, but that in five years it would probably need a new roof. This allows him to plan into the future and manage his cash flow.

Tomas' risk management is mostly about choosing an asset in an established suburb, as well as diversifying his investments. Now that he has purchased in Ballarat, he will soon look to purchasing another in a different, underperforming market. Through increasing his asset base, he hopes to minimise his investment risks.

He says that one of his long-term goals is to have a passive income, and Sharon pushes him to explain what a passive income is.

Sharon mentions the statistic that 70% of investors only own one asset. Tomas says that a lot of this might come down to the quality of that asset. People may purchase at the wrong point in the cycle, so that they don't realise a lot of the growth, and they're unable to take advantage of quickly leveraging the asset to purchase another.

To Tomas, a quality asset is one that is a desirable suburb near a good education district, health services, amenities, the character of the area, and its proximity to public transport. Tomas suggests investors need to think about the end point of the investment: that one day, someone will need to buy the asset, so people need to purchase a property that people will want to buy.

Tomas' final tip is to reiterate one of his tips from before: choose a strategy that is manageable and stick to it.

About Sharon's guest, Tomas Turkayoglu…

Tomas is responsible for managing the transaction process at Performance Property Advisory. Specialising in the residential sector, Tomas is a Qualified Property Investment Advisor (QPIA), providing detailed advice that informs clients on the fundamentals of property investment. This includes identifying growth suburbs and regions; demographics and employment rates; proposed infrastructure developments and other aspects that contribute to a positive return on investment.

Tomas completed his Bachelor (with Honours) of Property and Valuations at RMIT and is a member of Property Investment Professionals of Australia (PIPA).

About your host, Sharon Taylor…

Sharon heads up the research division at Performance Property Advisory. She is responsible for the aggregation of economic and property data sources, as well as deep analysis of the data to provide quarterly reports on each capital city of Australia.

These reports identify between 5 and 8 submarkets in each capital city, and provide an opinion as to the short term performance of each submarket. This information is vital for clients to maximise the performance of existing assets, and also for selection of new blue-chip investment locations.

'The Property Pineapple' is one of three segments you will hear on the Performance Property Data podcast. Released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory), the show presents listeners with stories from real investors, discussing their wins and admitting their losses.

'Property Insiders' are also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise.

And 'Performance Insights' are released every Wednesday and Friday, giving you technical information and the lowdown on key property markets around Australia.

For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au to become a part of the Performance Property Community for access to exclusive content.

Sharon chats with Phil Almeida about Gross Regional Product (GRP) and how it can impact property prices.

'Performance Insights' is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel.

'The Property Pineapple' is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses.

'Property Insiders' is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise.

For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au to become a part of the Performance Property Community for access to exclusive content.

Sharon and David are in Brisbane and chatting about bedroom approvals. This is a metric - when used in conjunction with other stats - that helps determine if a market is undersupplied or oversupplied. It is done by estimating the number of bedrooms in a particular area, as compared to the number of people.

'Performance Insights' is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel.

'The Property Pineapple' is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses.

'Property Insiders' is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise.

For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au

"We typically favour rental applicants who make it easy for us."

Nino started in the property industry almost by accident. After finishing high school, he wasn't sure what he wanted to do, so took a casual job in his uncles' real estate agency. He assisted the property manager, and soon fell in love with property management. Fifteen years later, he is a department head for the property management firm, Pathway Asset Management.

Nino believes that it is important that property managers know and understand the property investment market. He was amazed at how little he knew when he first started out, but most of the learning needed can only be done on the job.

Understanding the market is the surest way a property manager can advise their clients to make smart choices. Choosing the right location is very important, with blue-chip suburbs with a history of good performance being the best options. Properties near public transport, shops, schools, employment, and other infrastructure would be wise choices. Potential investors should also strongly consider the type of property, and whether renters will wish to live in it.

To that end, Nino shares one of his own investment experiences, a converted warehouse apartment in the Sydney suburb of Marrickville. In making this purchase, Nino started off by establishing how much he could afford and how much he could borrow. He then did his research, targeting areas he could afford as close to the CBD as possible. He arrived at Marrickville, an up and coming area, in a stage of gentrification, with good public transport options, and within his budget.

Since that purchase six years ago, Nino's Marrickville apartment has increased in value by just over 50%. Adding to that positive capital growth are the strong rental yields Nino has had due to the apartment barely being vacant and in a sort-after suburb. He is not considering selling, however, with the place a good option for his son or as a leverage asset to increase his portfolio.

Popping his property managers hat back on, Nino opens up about the three questions owners should ask prospective property managers. These are about the experience of the property manager with investment; the number of properties on the manager's books; and what the turnover of staff is. The answers to these questions will help owners determine whether the property manager will have the expertise, knowledge, time, and longevity to be competent and successful.

Nino continues with his advice for property owners, this time in relation to how best to advertise for renters. Presentation is key, and professional photographers should be hired to ensure the property looks its best in any marketing material. He also encourages owners to consider renters with pets. People with pets know how difficult it can be to find a rental that allows their four-legged family, so they will value highly the lease.

Nino finishes with some tips for potential renters, top of the list being to make it easy for the property management team. Renters should ensure they are providing all required information, including payslips, bank statements, identification, and rental ledgers. If renters can limit the amount of work the property manager has to do, they will be favoured in their application.

About Sharon's guest, Nino Palmiotto

Nino Palmiotto is a licensed Real Estate Agent and studied a Diploma Of Business and Real Estate Management. He has a broad, in-depth understanding of the greater Sydney rental market, a result of 15 years experience in the property industry. He has managed properties across the Sydney metropolitan area and across a wide range of lifestyle spectrums.

Nino inspires great confidence in his clients with a mature businesslike approach and extensive experience in the rental market. Nino is always willing and completely committed to going that extra mile, in delivering the best possible customer service experience.

About your host, Sharon Taylor…

Sharon heads up the research division at Performance Property Advisory. She is responsible for the aggregation of economic and property data sources, as well as deep analysis of the data to provide quarterly reports on each capital city of Australia.

These reports identify between 5 and 8 submarkets in each capital city, and provide an opinion as to the short term performance of each submarket. This information is vital for clients to maximise the performance of existing assets, and also for selection of new blue-chip investment locations.

'The Property Pineapple' is one of three segments you will hear on the Performance Property Data podcast. Released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory), the show presents listeners with stories from real investors, discussing their wins and admitting their losses.

'Property Insiders' are also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise.

And 'Performance Insights' are released every Wednesday and Friday, giving you technical information and the lowdown on key property markets around Australia.

For access to exclusive insights and offers, become a member of the community at www.performancedata.com.au

David and Sharon are in sunny (but windy) Burleigh Heads to touch on job creation and its impact on house prices.

'Performance Insights' is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel.

'The Property Pineapple' is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses.

'Property Insiders' is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise.

For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au

"The value in real estate is in land. You're far better off investing in a property that has a decent land component."

Good friend of the show, Peter Koulizos, calls in from Adelaide for a chat with David about his bestselling book, Top Australian Suburbs. It's been a decade since it was first published, but the information it holds still remains relevant. Particularly, the lowdown on what makes a suburb ideal for investing.

There are 107 suburbs in Peter's book, all of them chosen because of their value and the prediction that they would perform better than the average suburb in that particular capital city. The common factor - existing in the vast majority of suburbs - was gentrification. When gentrification wasn't present, suburbs were most likely to be benefiting from urban renewal.

Peter will be evaluating the suburbs in his book later in the year, but preliminary research has revealed he has been very accurate with his predictions.

About your host, David McMillan

During his 16 years in the property industry David has worked as a property valuer and property adviser to private clients, financial planners, accountants, finance brokers, major banks and governments. He has been involved in more than $500M worth of transactions across Victoria, New South Wales, South Australia & Queensland.

Since 2009, David has been specifically focused on helping medical professionals, expats, business owners and busy executives build effective property portfolios.

David is a fully licensed real estate agent in Victoria, South Australia and Queensland (CEA), Certified Practicing property Valuer (CPV), Qualified Property Investment Advisor (QPIA) and most importantly is an active property investor. David joined the Australian Property Institute in 2001 and is now an Associate (AAPI) and in 2009 became a member of the Real Estate Institute. David currently sits on the board of Property Investment Professionals of Australia (PIPA) to promote ethics in the property investment industry.

About David's guest, Peter Koulizos

Peter is currently the Co-ordinator of the property and share Investment courses at TafeSA. He also teaches the property program at the University of South Australia. He has been teaching in real estate and investment for almost 20 years. Peter also personally invests in property and currently holds several properties. Peter has the ability to combine the theory of property investment with the practical aspects so as to teach people how to make money for themselves from investing in property, whether they be buying, selling, renting, renovating or developing property.

Peter researches property markets around the nation, looking for the best suburbs to invest in each capital city. He has published two book, "The Property Professor's Top Australian Suburbs" and more recently "Property vs Shares". He is also a regular contributor to numerous newspapers, magazines and websites and is sought after by TV and radio for his research and comments on the property market.

For more information on PIPA, head here.

'Property Insiders' is one of three segments you will hear on the Performance Property Data podcast. Released fortnightly, they are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise.

'The Property Pineapple' is released monthly and is hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins, and admitting their losses.

And 'Performance Insights' are released every Wednesday and Friday, giving you technical information and the lowdown on key property markets around Australia. These episodes are also available as short videos at our youtube channel.

For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au

Income is an important metric for determining the affordability of a particular property market. Here, from the windy cliffs of Burleigh Heads, Queensland, David and Sharon discuss the influence household income can have on property prices.

'Performance Insights' is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel.

'The Property Pineapple' is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses.

'Property Insiders' is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise.

For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au