Australia’s strata sector is under pressure — and it's no longer a niche issue.

Following high-profile investigations by Four Corners and 7.30 Report, strata governance failures, building defects, and financial blowouts are now front and centre. With more Australians living in apartments and townhouses than ever before, what happens next in this space will impact millions.

In this episode, Kate McHugh, co-founder of the Strata Futures Stakeholder Engagement and Roundtable, joins us to unpack what’s driving the crisis—and what needs to change. Drawing from her work on the Strata Futures Report, Kate outlines the six key reform pillars that emerged from cross-sector collaboration, covering everything from governance and professional standards to owner advocacy and sustainability.

We explore how opaque commissions, underfunded capital works, power imbalances, and a fragmented regulatory system are eroding trust in strata—and why many apartment owners are left feeling blindsided by defects and skyrocketing levies. Kate also shares what it would take for the sector to turn itself around—before government intervention does it for them.

Whether you're a strata owner, buyer, investor, or professional, this episode offers critical insight into the future of high-density living in Australia.

Episode Highlights

00:00 – Welcome

02:09 – The Strata Sector's Challenges

04:14 – Governance and Regulation Issues

05:08 – The Round Table Initiative

11:54 – Sustainability in Strata

17:13 – The Six Pillars of Reform

26:07 – Understanding Strata Obligations

27:19 – The Importance of Maintenance and Governance Data

28:30 – Investing in the Strata Sector

29:08 – Personal Mission to Improve Property Decisions

30:18 – Challenges in Strata Education and Awareness

31:29 – Public Awareness and Training Initiatives

33:32 – Strata Management and Building Maintenance

37:00 – The Future of Strata Development

40:30 – Sector Collaboration and Task Force

44:14 – Final Thoughts and Call to Action

Mentions

• Strata Futures - https://www.katemchugh.net/strata-futures

About the Guest

Kate McHugh is the co-founder of the Strata Futures Stakeholder Engagement and Roundtable and co-author of the Strata Futures Report. With a background in governance, policy, sustainability, and stakeholder engagement, Kate works at the intersection of lived experience and systemic reform in Australia’s strata sector.

Partnering with former NSW Strata Commissioner John Minns and a wide network of industry and consumer leaders, Kate helped convene a cross-sector discussion to explore what’s broken—and what could be rebuilt. The outcome: a collaborative report outlining six key reform areas designed to make strata more equitable, transparent, and functional. Her work is helping push the conversation forward at a time when strata’s role in housing affordability, sustainability, and urban planning has never been more critical.

Connect with Kate

• Website: https://www.katemchugh.net/
• LinkedIn: https://www.linkedin.com/in/katemchughh/

Resources

• Visit our website: https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at:
• The Elephant in the Room Property Podcast - [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? alcove.com.au
• Work with Chris: [email protected] 

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word, and join us for more insightful discussions in real estate. Your journey starts now!

• Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
• Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See you on the inside,

Veronica & Chris

See omnystudio.com/listener for privacy information.

With property data becoming increasingly available, investors face a growing challenge: accurately interpreting the numbers. In this episode, Veronica and Chris speak with Matija Djolic, co-founder of HtAG Analytics, to discuss how investors can effectively use property data and avoid common mistakes.

Matija outlines four essential questions investors need to address before making decisions, emphasizing the importance of clearly understanding risk profiles, investment timeframes, and personal objectives. He highlights frequent pitfalls, including chasing short-term gains, misunderstanding suburb-level data, and misinterpreting market "hotspots."

This conversation equips investors with practical insights on responsible data use, clarifying when data can help… and when it might mislead. Whether you're an experienced investor or a first-time buyer, you'll gain valuable strategies for making smarter property decisions in today's data-rich environment.

Episode Highlights

00:00 – Welcome

01:42 – The Origin of HtAG Analytics

03:35 – Key Questions for Property Investment

04:56 – Understanding Risk in Property Investment

12:35 – The Role of Data in Property Markets

15:30 – Challenges of Data Interpretation

17:57 – The Impact of Data Accessibility

24:37 – Strategies for Property Investment

34:11 – Navigating Tricky Real Estate Decisions

34:28 – Connecting with Veronica Morgan's Resources

35:12 – Understanding Property Scarcity and Sales Volume

36:01 – The Role of Data Accuracy in Real Estate

38:04 – Tech and Human Expertise in Real Estate

40:21 – Challenges with Real Estate Transparency

41:55 – The Importance of Personal Touch in Real Estate

43:10 – Buy and Hold vs Transacting Property

44:53 – Key Metrics for Long-Term Property Investment

46:11 – Affordability and Shifting Demographics

51:42 – Compounding Good Decision Making

55:32 – Common Myths in Real Estate

58:04 – Property Dumbo: A Cautionary Tale

About the Guest

Matija Djolic is the co-founder of HtAG Analytics and a leading data analytics coach specializing in the property investment sector. With a PhD in Organizational Psychology, Matija brings over seven years of experience guiding thousands of investors and buyer's agents through the complex maze of market analytics.

Known for his expertise in both qualitative and quantitative pattern recognition, Matija empowers investors to make smarter, data-driven decisions that align with their long-term goals and risk profiles. His practical, no-nonsense approach challenges traditional investment assumptions, encouraging a more nuanced and informed understanding of property analytics.

Connect with Matija

• Website: https://www.htag.com.au/
• LinkedIn: https://www.linkedin.com/in/dr-matija-djolic-386475152/
• Instagram: https://www.instagram.com/matijadjolic/
• Facebook: https://www.facebook.com/matija.djolic.14/

Resources

• Visit our website: https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at:
• The Elephant in the Room Property Podcast - [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? https://www.alcove.au
• Work with Chris: [email protected]

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word, and join us for more insightful discussions in real estate. Your journey starts now!

• Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
• Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See you on the inside,

Veronica & Chris

See omnystudio.com/listener for privacy information.

Today, we sit down with Scott Aggett, founder of Hello Haus, a negotiation service shaking up Australia’s property buying landscape. Scott pulls back the curtain on the high-stakes game of real estate negotiation and reveals why most buyers are unknowingly walking into traps laid by experienced selling agents. If you’ve ever felt outmatched or overwhelmed in the home-buying process, this conversation will open your eyes to what’s going on behind the scenes.

Listeners will gain deep insights into the psychological tactics agents use to push buyers into emotional decisions, often costing them tens of thousands more than necessary. Scott explains why traditional buyer’s agents may not be equipped to negotiate effectively, and how negotiation as a service provides a smarter, leaner alternative for buyers who want to retain control without losing leverage. He shares examples of real-world mistakes and outlines how simple behavioural cues—like revisiting a property too many times or discussing price too early—can weaken your position.

Whether you're a first-home buyer or a seasoned investor, this episode is packed with actionable tips to help you think more strategically and negotiate with confidence. We also explore how market dynamics are changing, what smart buyers are doing differently in 2025, and why negotiation is no longer a luxury—it’s a necessity. If you're serious about buying better, this is one you don't want to miss.

Episode Highlights

00:00 – Welcome

03:10 – Why Most Buyers Are Outmatched by Selling Agents

05:47 – The Buyer’s Agent Problem: Sourcing ≠ Negotiating 

18:10 – Emotional Buying: How It Undermines Your Leverage

25:32 – What to Say (and Not Say) When Dealing with Agents

37:42 – Auction Theatre: How FOMO is Engineered 

42:10 – Negotiation as a Service: A Smarter Model for Modern Buyers

50:50 – The Future of Property Negotiation in Australia

About the Guest

Scott Aggett is one of Australia’s leading property negotiation experts, with over 30 years of experience and more than 4,000 successful real estate deals across Australia, the UK, and Asia. 

Beginning his career as a sales agent before launching multiple Belle Property franchises in Sydney’s Eastern Suburbs, Scott is renowned for his innovative "Negotiation as a Service" approach, which he pioneered through his company, Hello Haus. His negotiation-focused model has empowered countless Australian buyers to secure top-performing investments and dream homes with less stress and below-market prices.

After Hello Haus was acquired by major industry players in 2024, Scott continues to advocate for transparent, client-focused property negotiations, regularly sharing market insights across major media and industry platforms.

Connect with Scott

• Website: https://www.scottaggett.com/
• LinkedIn: https://www.linkedin.com/in/scottaggett
• Instagram: https://www.instagram.com/scottaggett
• Facebook: https://www.facebook.com/scott.aggett/

Resources

• Visit our website: https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at:
• The Elephant in the Room Property Podcast - [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? https://www.alcove.au
• Work with Chris: [email protected]

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word, and join us for more insightful discussions in real estate. Your journey starts now!

• Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
• Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See you on the inside,

Veronica & Chris

See omnystudio.com/listener for privacy information.

If you’re navigating retirement planning in Australia, this episode is a must-listen.

Financial adviser James Wrigley joins The Elephant in the Room to unpack the strategies that high-income earners, Gen X professionals, and aspiring retirees can use to build a more secure financial future, without falling into the usual traps.

From maximising tax returns through superannuation to understanding why property may not be the most reliable retirement asset, James breaks down complex concepts into actionable steps. You’ll learn how super could grow from $300K to $2M, when and how to use catch-up contributions, and why liquidity and access might be more important than you think.

This episode challenges the idea that you need to be “a property person” or “a shares person” and instead offers a mindset shift: invest based on outcomes, not identity. Whether you’re in your 40s and just starting to take your future seriously, or you’re closing in on retirement, this conversation will change the way you think about your money.

Episode Highlights

00:00 – Welcome

04:00 – Why Your Super Isn't a Set-and-Forget Strategy

08:30 – Property vs Super: Which Is the Better Long-Term Play?

20:50 – How High-Income Earners Can Get Up to 50% Back Through Super

33:40 – Ditch the “Property Person” Mentality

41:15 – Catch-Up Contributions Explained

47:25 – $300K to $2M: The Power of Early Planning

52:00 – The Emotional Side of Financial Planning

About the Guest

James Wrigley is a Principal and Certified Financial Planner at First Financial, a leading Melbourne-based firm specializing in financial planning and superannuation management. With nearly two decades of industry experience, James has progressed from administrative roles to the highest levels of advisory leadership, serving clients ranging from young professionals building their wealth to retirees planning for aged care.

Known for his dynamic approach and strong online presence, he is committed to understanding each client's motivations and delivering tailored strategies for lasting financial well-being.

James is particularly recognized for fostering client relationships built on trust and clear communication, and he frequently shares his expertise through podcasts, social media channels, and public presentations to empower Australians with practical financial insights

Connect with James

• Youtube: https://www.youtube.com/channel/UC6gLgLcVe_m8-Q9UWKvMObQ
• Instagram: https://www.instagram.com/iamjameswrigley/?hl=en
• LinkedIn: https://www.linkedin.com/in/james-wrigley
• Spotify: https://open.spotify.com/show/1IQReBXcUdYnBeaXuFpHc1

Resources

• Visit our website: https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at:
• The Elephant in the Room Property Podcast - [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? https://www.alcove.au
• Work with Chris: [email protected]

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!

• Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
• Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See you on the inside,

Veronica & Chris

See omnystudio.com/listener for privacy information.

When it comes to property ownership in Australia, few topics are as misunderstood—and as crucial—as insurance. In this episode, Veronica sits down with Kimberley Jonsson, CEO of CHU Insurance, to unpack the growing risks in strata and property insurance and why many owners might be underprepared. From the rising cost of premiums to the unseen dangers lurking in older buildings, Kimberley brings expert insight into the systemic issues shaping Australia’s housing market—and what that means for you.

We dive into how the Insurance Affordability Index reveals a stark difference between houses and strata properties, why mandatory strata insurance may be more affordable than you think, and the real consequences of underinsurance. Kimberley also shares powerful case studies—including a Bondi building on the brink of collapse—that challenge conventional thinking about risk, responsibility, and return on investment in the property space.

Whether you're an investor, owner-occupier, strata manager, or buyer's agent, this episode will shift how you think about property protection and help you make smarter, faster decisions. Because when it comes to insurance, delaying action costs more than just money.

Enjoyed this episode? Be sure to subscribe, share with your property network, and leave us a review on your podcast app. Got a question or topic suggestion? Reach out—we’d love to hear from you!

Episode Highlights:

• Welcome [00:00]
• The Underinsurance Crisis [03:48]
• Strata Insurance Is More Affordable Than You Think [11:30]
• The Challenges with Insurance Valuations [18:45]
• What It Takes to Be ‘Uninsurable’ [29:40]
• Don’t Delay Repairs: The $1M Roof Story [37:54]
• The Bondi Building That Nearly Collapsed [51:07]
• Final Advice for Buyers and Investors [59:40]

About our Guest:

Kimberley Jonsson is the CEO of CHU Underwriting Agencies, Australia’s largest and longest-standing strata insurance underwriting agency. With over two decades of experience in strata and insurance, she is a leading advocate for transforming the perception of strata living from a fallback option to the "new Australian dream" by fostering vibrant, informed, and resilient strata communities. Under her leadership, CHU focuses on innovation, education, and sustainability to enhance risk management and build resilience for more than 4.2 million Australians living in strata. Recognized globally for her influence and innovation in insurance, Kimberley also serves as a Director of ANZIIF and has been featured on the Insurance Business Global 100 List

Connect with Kimberly:

• Linkedin: https://www.linkedin.com/in/kimberley-jonsson-92300342/

Resources:

• Visit our website: https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at:
• The Elephant in the Room Property Podcast - [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? https://www.alcove.au
• Work with Chris: [email protected]

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word, and join us for more insightful discussions in real estate. Your journey starts now!

• Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
• Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See you on the inside,

Veronica & Chris

See omnystudio.com/listener for privacy information.

What happens when a city goes from being “uninvestable” to a national hotspot almost overnight?

In this episode, Perth-based buyer’s agent Matthew Hughes joins Veronica to unpack what’s driving the WA property surge—and what investors are getting wrong. With boots-on-the-ground insight, he shares why affordability alone is a flawed strategy, how investor FOMO is distorting the market, and why timing and fundamentals still matter.

While many are chasing quick wins, Matthew and Veronica challenge the hype. They dig into the risks of borderless buying, the pitfalls of relying solely on data, and why buying cheap doesn’t always mean buying smart. For investors chasing long-term outperformance, this conversation is packed with insights on due diligence, owner-occupier demand, and how to avoid the traps of short-term sugar hits.

Whether you’re investing in Perth or watching from the East Coast, this episode is a must-listen for anyone serious about sustainable growth. Hit play now and learn how to think long-term in a market driven by short-term noise.

Episode Highlights:

• Welcome [00:00]
• Perth Property Market Overview [00:59]
• Current State of the Perth Market [01:28]
• Impact of Investors and Local Buyers [03:11]
• Challenges for Local Buyer's Agents [05:51]
• Market Trends and Investment Strategies [07:33]
• Common Mistakes by Investors [08:49]
• Impact of Market Cycles on Investors [15:25]
• Role of Lending Advice in Investment Strategies [38:11]
• Due Diligence and Risk Management [42:35]
• Property Market Trends and Future Outlook [49:05]

About our Guest:

Matthew Hughes is the Managing Director and Senior Buyer's Agent at Capital Property Advisory (CPA), Perth’s highest-rated buyer’s agency and development consultancy. With over 20 years of experience in property investment and development, Matthew has a deep passion for wealth creation through strategic property acquisition. He began investing at 19 and has since dedicated over a decade exclusively to working with buyers, guiding clients with unbiased, research-backed advice tailored to their individual goals. Matthew is a Qualified Property Investment Adviser (QPIA®), a licensed real estate and business agent, and a respected leader in the industry, recently winning the 2025 National Property Investment Adviser of the Year award from the Property Investment Professionals of Australia (PIPA). He also serves on the PIPA Board of Directors, advocating for ethical standards and investor education across Australia\

Connect with Matthew:

• LinkedIn: https://www.linkedin.com/in/matthewhughesqpia/

Resources:

• Visit our website: https://www.theelephantintheroom.com.au
• Visit our website https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at:
• The Elephant in the Room Property Podcast - [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? https://www.alcove.au
• Work with Chris: [email protected]

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word, and join us for more insightful discussions in real estate. Your journey starts now!

• Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
• Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See you on the inside,

Veronica & Chris

See omnystudio.com/listener for privacy information.

In this episode, we’re joined by Tim Riley, founder of Property Collectives, to explore a new way of thinking about housing—one rooted in collaboration, not speculation. Tim breaks down how the group build model works, why it’s gaining traction, and how it empowers people to co-create their homes rather than buy off the plan.

We cover a wide range of topics, including long-term land leases, co-op residency structures, cost-based living models, and how these ideas could offer an alternative to rising rents and traditional home ownership. Tim also talks through the realities of group decision-making, equity capital requirements, and the mindset shift needed to embrace collective development.

If you’re interested in housing affordability, innovative ownership structures, or just want to understand where the future of property might be heading, this conversation is packed with insights.

Tune in now to hear how Property Collectives is challenging the status quo in Australian housing.

Episode Highlights:

Welcome [00:00]

• Tim Riley's Journey and Initial Projects [02:14]
• Details of Group Builds and Decision-Making [04:53]
• Financial Benefits and Social Aspects [06:33]
• Formation and Management of Groups [12:16]
• Challenges and Solutions in Group Builds [15:10]
• Expansion and Future Plans [31:05]
• Impact and Broader Implications [55:21]

About our Guest:

Tim Riley is the founder and Development Director of Property Collectives, a pioneering Australian property development group known for its innovative, community-led approach to housing. With a background in marketing, Tim transitioned into property development in 2010, establishing Property Collectives to empower individuals and groups to collaboratively design and build architecturally distinctive homes at cost. Under his leadership, the company has delivered numerous projects across Melbourne, focusing on affordability, sustainability, and social impact. Tim’s vision centers on creating quality homes and vibrant communities by enabling participants to become co-developers, sharing both the responsibilities and rewards of property ownership

Connect with Tim:

• LinkedIn: https://www.linkedin.com/in/timykriley/
• Website: https://propertycollectives.com.au/team/tim-riley/
• YouTube: https://www.youtube.com/user/timykriley1
• Instagram: https://www.instagram.com/propertycollectives

Resources:

• Visit our website: https://www.theelephantintheroom.com.au
• Visit our website https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at:
• The Elephant in the Room Property Podcast - [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? https://www.alcove.au
• Work with Chris: [email protected]

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word, and join us for more insightful discussions in real estate. Your journey starts now!

• Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
• Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

See you on the inside,

Veronica & Chris

See omnystudio.com/listener for privacy information.

What’s really behind the shift we’re seeing in regional property market trends, especially along the NSW South Coast? In this episode, we sit down with our good friend and local expert Matthew Knight as someone who’s been living and breathing this stuff for years, to give us the real story. We’ve heard all the noise about COVID booms and tree changers flooding coastal towns, but what happens after the rush settles? Are people still moving out of the city, or has the tide gone out?

Matthew walks us through what he’s seeing on the ground; where prices surged way too far, where they’ve pulled back, and which areas are starting to bounce back. We talk about the rise of Airbnb buyers again, the return of holiday home interest, and how first-home buyers have actually had some solid opportunities, despite what the headlines say. The regional property market trends aren’t one-size-fits-all, and this chat really digs into why.

We also get into infrastructure changes like the Shell Cove Marina and new hospitals, and how those are making a real difference for retirees, families, and essential workers looking to settle in. And of course, we couldn’t help but talk about schools, childcare, and what happens when a region grows faster than it’s ready for.

This one’s a grounded, honest look at life beyond the cities; what’s working, what’s struggling, and what might be next. If you’ve been watching regional property market trends and wondering where things are headed, this episode’s got plenty to chew on.

Episode Highlights:

00:00 - Introduction

01:12 - Who is Matthew Knight?

01:29 - How has the South Coast property market changed since COVID?

05:44 - Which areas were hit hardest when the South Coast boom was corrected?

08:18 - Did city buyers push prices beyond what locals consider fair value?

10:53 - Why are some beach towns struggling more than others?

13:15 - Are more investors shifting to short-term rentals like Airbnb?

15:49 - Why have some people reversed their sea change and returned to the city?

23:36 - Did first-home buyers take advantage of softer conditions in 2024?

28:40 - What infrastructure upgrades are reshaping the region?

32:01 - Are zoning changes and new housing keeping up with growth?

33:41 - What broke when the population boomed and is it being fixed?

36:45 - What does the next five years look like for the regional market?

39:37 - How much does the future of remote work affect the coast’s appeal?

42:07 - Do locals just visit the city when they need a dose of culture or convenience?

46:22 - Matthew Knight’s property dumbo

About Our Guest:

Matthew Knight is the Founder and Director of Precium, a buyer’s agency specialising in regional New South Wales, particularly the NSW South Coast. With over two decades of experience in property investment and market analysis, Matt combines data-driven insight with a practical understanding of local dynamics. A long-time resident of the South Coast himself, he has firsthand knowledge of the region’s unique challenges and opportunities. Matt is widely respected for his integrity, deep local expertise, and commitment to helping homebuyers, investors, and downsizers make informed, confident property decisions.

Connect with Matthew Knight:

• LinkedIn https://www.linkedin.com/in/mattknightprect
• Instagram https://www.instagram.com/preciumproperty/
• Website https://precium.com.au/

Resources:

• Visit our website https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at:
• The Elephant in the Room Property Podcast - [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? https://www.alcove.au
• Work with Chris: [email protected]

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!

• Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
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Is housing really unaffordable because we’re not building enough? Or is that just one part of a much bigger, more complicated story? In this episode, we sit down with Peter Mares, journalist, researcher, and author of No Place Like Home – to break down the real reasons why housing is unaffordable in Australia today.

Peter walks us through how decades of policy decisions, from tax incentives to the withdrawal of public housing investment, have created a system that prioritises wealth-building over stability. We talk about the deeper issues at play; like how negative gearing and capital gains tax concessions have distorted the market, and why treating housing as infrastructure could be a game-changer.

We also get into the cultural side of the problem. The obsession with homeownership, the underuse of housing stock, and the lack of medium-density options in the suburbs all play a role in keeping people locked out. And Peter doesn’t just point out what’s wrong, he offers grounded, practical ideas on what can actually shift.

If you’ve ever wondered why housing is unaffordable in Australia, beyond the headlines and hot takes, this conversation pulls back the curtain. It’s honest, insightful, and packed with the kind of context that’s so often missing from the national debate.

Episode Highlights:

00:00 - Introduction

04:14 - Should home ownership be the goal of housing policy?

06:09 - How has financialisation distorted our housing system?

10:39 - What are the key structural issues we keep avoiding?

14:18 - Can we even build enough housing with current capacity limits?

16:54 - What does it mean to treat housing as infrastructure?

19:03 - Can Singapore’s housing model teach Australia something?

21:23 - Should we rethink what the “ideal” Australian home looks like?

25:00 - Why aren’t people downsizing even when it makes sense?

27:04 - How does tax shape housing decisions?

32:51 - What’s changing behind the scenes at Treasury?

35:07 - Could new superannuation taxes push more money into housing?

39:06 - Is Labor too scared to touch housing tax reform again?

46:01 - Would a land tax instead of stamp duty really work?

50:35 - What got you interested in housing policy in the first place?

52:12 - What’s your take on current housing journalism?

54:53 - Peter Mares’ property dumbo

About Our Guest:

Peter Mares is an independent journalist, researcher, and public commentator best known for his book No Place Like Home: Repairing Australia’s Housing Crisis. He spent 25 years at the ABC—first as a foreign correspondent and later hosting national radio programs—before moving into urban policy and social issues. He held roles as an adjunct senior research fellow at Monash University, a Cities Fellow at the Grattan Institute, contributing editor for Inside Story, and lead moderator of the Cranlana Centre for Ethical Leadership.

Connect with Peter Mares:

• Website https://petermares.com.au/
• LinkedIn https://www.linkedin.com/in/peter-mares-a3211617b

Resources:

• Visit our website https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? https://www.alcove.au
• Work with Chris: [email protected]

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!

• Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
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See omnystudio.com/listener for privacy information.

Is all this property wealth we talk about actually real—or is it just theoretical? That’s what we unpack in this episode with our guest Martin North, founder of Digital Finance Analytics and someone who’s been watching the numbers and the story behind them for years. We ask him: is Australia’s $11 trillion property market built on something solid, or are we clinging to an illusion that’s quietly reshaping the country?

Martin walks us through what he calls a “Python swallowing an elephant” moment; the massive bulge of intergenerational wealth that’s moving slowly through the system. We get into what’s really happening with downsizing, why reverse mortgages might not be the win they’re often sold as, and what happens when kids start relying too heavily on the Bank of Mum and Dad. Spoiler: it’s not as simple or as safe as people think.

We also look at what governments are doing, policies around death tax fears, proposed taxes on unrealized gains in super, and the broader impact of kicking the can down the road. Martin doesn’t hold back when it comes to calling out flawed thinking or dangerous policy decisions, and it makes for a really thoughtful, at times surprising, conversation.

If you’re trying to make sense of where the market’s heading or what might be brewing beneath all this apparent prosperity, you’ll want to sit with this one. It’s not about panic—it’s about facing the bigger picture and asking the harder questions most people still avoid.

Episode Highlights:

00:00 - Introduction

01:26 - Who is Martin North?

02:20 - Why is intergenerational wealth transfer such a big issue today?

07:38 - Are we double counting superannuation totals when comparing asset classes?

11:29 - Why can’t many older Australians downsize, even if they want to?

13:04 - Financial traps hidden in retirement villages and reverse mortgages

18:31 - How wealth and mortgage debt are distributed across generations, and why it matters

23:21 - Cultural shift in how families are handling financial support across generations?

28:05 - Are younger generations developing a sense of entitlement toward parental financial support?

33:52 - Martin's thoughts on the proposed policy to tax unrealized gains in superannuation

39:01 - Did tax reforms under Howard trigger Australia’s property boom?

41:57 - Why has Australia’s property market outpaced the UK since 2000?

45:00 - Will Australia’s $11 trillion in property wealth ever truly change hands?

48:48 - What happens when the property wealth wave finally hits the end of the line?

52:56 - Are Australians starting to see the deeper layers behind the housing crisis?

57:19 - Martin North’s property dumbo

About Our Guest:

Martin North is the founder of Digital Finance Analytics, a boutique research and analytics firm focused on the intersection of finance, property, and consumer behavior in Australia. With a background in banking, data science, and strategic consulting, Martin is known for his in-depth housing market surveys and independent commentary on financial systems. He regularly appears in media and podcasts to share insights grounded in data, particularly on topics like intergenerational wealth, mortgage stress, and housing affordability. His work combines macroeconomic analysis with real-world household data, making him a respected voice in Australian property and finance conversations.

Connect with Martin North:

• LinkedIn https://au.linkedin.com/in/martin-north-6a799182
• Website https://www.digitalfinanceanalytics.com/
• X (formerly Twitter) https://x.com/DFA_Analyst

Resources:

• Visit our website https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at:
• The Elephant in the Room Property Podcast - [email protected]
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? https://www.alcove.au
• Work with Chris: [email protected]

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!

• Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
• Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

See omnystudio.com/listener for privacy information.