03.13.2022 - By Veronica Morgan & Chris Bates
The Australian property market has faced many unexpected changes during the end of last year up to the first quarter of 2022. So, how is it holding up?
What global events are affecting the market? Is the rental market improving this year? Is the Australian social class gap slowing down the market?
In today’s Suburb Trends episode, our resident geek Kent Lardner joins us as we take a look at the statistics and discuss the changing market conditions in the country, property inventory, areas going strong, areas showing signs of softening, and heaps more!
If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]!
See you in the episode!
Episode Highlights:
Data gathering methods used [01:04]
The status of property inventory and sales volume [02:30]
How government grants are affecting the market [04:58]
A summary of market conditions [08:33]
Strong areas and Melbourne’s surprising comeback [12:58]
Global issues challenging the property market [15:19]
The rental crisis and the problem with homelessness [18:42]
The effect of reopening borders to the rental market [22:00]
Rental price delays and the “Landlord Pride” theory [26:03]
On indexing and the mentality behind determining property value [28:41]
Is buying a unit or apartment (finally) a good idea? [34:43]
How the Australian social class gap affects buyer options [41:09]
A list of robust property markets [46:28]
The price data anomaly [52:22]
Links from the Show:
Suburb Trends July 2020 | Micro vs Macro Markets w/ Kent Lardner
Connect with Us:
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: [email protected]
Send in your questions to: [email protected]
Find this episode on our website:
https://www.theelephantintheroom.com.au/podcasts/219
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