In this week's episode of the podcast, we tackle the thorny issue of Australia's population growth and how we plan to provide accommodation for the influx of people that are set to arrive on our shores. With immigration back on the table, the government has forecast a 60% increase in population by 2050, which raises a number of difficult questions.

First and foremost, we simply don't have enough housing to accommodate our current population, let alone a larger one. Building companies are struggling, there's a labour shortage, and the cost of materials and capital is rising. This is going to make it extremely difficult to ramp up the supply of new housing, especially when there will be stiff competition for resources.

But housing is just one piece of the puzzle. We will also need to consider where these people will work, shop, and go to school. This requires careful planning and reliable forecasting, something that Richard Temlett, our guest on the podcast, specialises in. As a director of Charter Keck Cramer's strategic research department, Richard helps industry players make development and investment decisions based on forward-looking, evidence-based outputs.

In this episode, we dive into the specific challenges that Australia's population growth presents in the apartment space. With more people looking for smaller, more affordable homes, how will the market respond? And what impact will this have on  existing apartment buildings and the broader property market? Richard shares his insights and predictions for the future, painting a picture of what life might look like in Australia in 2050. Tune in to hear the full conversation and gain a deeper understanding of the challenges and opportunities that lie ahead.

Episode Highlights:

00:00 - Introduction

01:28 - Who is Richard Temlett?

02:31 - Richard’s take on the development space in 2023 coming out of COVID

05:52 - What’s happening to the supply and demand in the Australian housing market?

12:30 - The mismatch between supply and demand

14:36 - How important are foreign buyers in the build-to-sell sector

19:12 - What’s going to solve the housing crisis in Australia?

23:11 - Are foreign investors becoming a problem in Australia?

28:36 - The challenges that developers face with labour shortages and building prices

32:05 - How will the Australian housing market respond to fluctuations in the cash rate?

36:27 - Let’s talk about the issues with price rises and settlement risks

39:52 - The problem with the current financing arrangements for developers

44:57 - How builders are getting around the fear of quality being a problem

50:59 - How does the Olympics impact the construction industry in Australia right now?

54:24 - The impact of labour shortage in Australia

55:25 - Richard’s property dumbo

About Our Guest:

Richard Temlett is a Director in Charter Keck Cramer's Strategic Research department. A former lawyer, Richard specialises in producing forward-looking evidence-based outputs which identify the target market(s), identify the property market risks as well as validate inputs for development and investment decisions. Richard has worked in both the private and public sectors, as well as in consulting and developer roles. He is a regular contributor and presenter at events and seminars in the property industry.

Connect with Richard Temlett:

• Connect with Richard on LinkedIn https://www.linkedin.com/in/richard-temlett-9386054a/

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.blusk.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.

Negotiation is a game of strategy, and those who master it can achieve great success in the property market. But how do you know if you're a good negotiator? Do you always aim for a win-win, or do you have a secret fallback position that you rely on?

In this episode, we explore the art of negotiation with renowned property expert Michael Yardney, who has developed a range of tactics to influence and persuade others to do what he wants them to do. With his book "Negotiate, Influence, Persuade: How to Persuade Others to Do What You'd Like Them to Do," Michael delves into the psychology of deal making, exploring how to achieve your desired outcomes by understanding the other party's perspective.

We also discuss whether commonly used negotiation strategies such as aiming for a win-win or meeting in the middle are still effective in today's market, or whether it's time to ditch them and study the psychology of deal making instead.

While we'll be viewing negotiation through a real estate lens, Michael's book emphasises that negotiation is a life skill that can be applied to any situation. Whether you're negotiating a property deal or trying to do something otherwise, understanding the psychology of deal making will certainly help you achieve your desired outcome.

So if you're looking to improve your negotiation skills and achieve success in the property market, be sure to tune in to this episode and learn from one of the best in the business.

Episode Highlights:

00:00 - What is the art of negotiation?

02:41 - Michael’s inspiration behind his book "Negotiate, Influence, Persuade”

04:47 - Realising that all life is in negotiation

05:49 - What is the best negotiation?

08:31 - Let’s talk about the three key areas of power in negotiation

12:43 - Don’t go into a negotiation without knowing the end result

17:16 - Don’t be tricked into making another offer

20:47 - What are the two motivators of negotiation?

24:33 - What are the benefits of having a good buyer’s agent?

29:02 - How to negotiate in a buyer’s market?

35:55 - The key thing buyers need to know about negotiation

38:21 - The biggest negotiating mistake property owners make

40:18 - The pros and cons of having different levels of vendor disclosure in different states in Australia

42:54 - How to make an offer after doing your due diligence

45:39 - What are some of the biggest biases in real estate negotiation?

50:41 - What is anchoring bias and how is it used in the real estate market?

57:52 - Michael Yardney’s property dumbo

About Our Guest:

Michael Yardney is a highly respected and influential figure in Australia's property market, with an impressive list of credentials that includes being #1 bestselling author of 9 books and being voted one of Australia's 50 most influential thought leaders. He is also a trusted property commentator whose opinions are regularly quoted in the media, including major newspapers, finance and property magazines, and on Sky TV and commercial radio. What sets Michael apart is that he is not just a theorist but also a successful property investor and developer, and as a director of Metropole Group of Companies, he leads a team of professionals who help clients grow, preserve and pass on their wealth.

Connect with Michael Yardney:

• Connect with Michael on LinkedIn: https://www.linkedin.com/in/michaelyardney/
• Follow Michael on Instagram: https://www.linkedin.com/in/michaelyardney/
• Follow Michael on Twitter: https://twitter.com/michaelyardney
• Discover Michael’s books on Amazon: https://amzn.to/40Dvtuj
• Visit Michael’s website: https://propertyupdate.com.au/

Resources:

• The Elephant in The Room Property Podcast Episode 029: Negotiation masterclass | Fiona McKenzie, Resolving Matters https://www.theelephantintheroom.com.au/podcasts/029
• Negotiate, Influence, Persuade: How to Persuade Others to Do What You'd Like Them to Do by Michael Yardney https://www.amazon.com/Negotiate-Influence-Persuade/dp/1925927245
• The Elephant in the Room Property Podcast Episode 001: Who is Really Making the Decisions When You Bid at Auction? https://www.theelephantintheroom.com.au/podcasts/1
• 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.wealthful.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

See omnystudio.com/listener for privacy information.

Could the mortgage cliff in 2023 be the start of a new era for the property market? Over the next few months many Australians will come off fixed rates and face higher mortgage repayments. But is this just a short-term blip, or could it have a lasting impact on the property market?

To help us better understand the potential impact of the mortgage cliff, we're joined by Martin North, the founder of Digital Finance Analytics. Martin is an expert on mortgage stress in Australia, and he publishes a number of relevant indices on defaults, mortgage stress, and consumer confidence.

In this episode, Martin shares his thoughts on the scale of the problem and who is most at risk. He discusses how the current interest rate hike cycle will impact different segments of the property market. Martin also shares his insights on how the market as a whole might respond to the mortgage cliff and whether we can expect to see a significant slowdown in property prices.

So whether you're a homeowner, property investor, or mortgage broker, this is an episode you won't want to miss.

Episode Highlights:

00:00 - Mortgage stress in Australia - what is the scale of the problem and who is most at risk?

01:03 - Who is Martin North?

02:15 - What’s coming up over the next six months for mortgage rates?

05:55 - Are fixed mortgage rates going to have an immediate effect on home sales?

08:48 - Percentage of loans in big banks' loan books written during low-interest-rate periods

11:32 - How are first-time homebuyers impacted by the current economic climate?

14:51 - What impact do price wars have on banks' net interest margins?

22:01 - What is currently going on in the housing market?

26:04 - Martin’s thoughts on the property market splitting

28:19 - Different trends in property prices across different regions in Australia

36:12 - How does property composition affect price dynamics?

38:31 - What is the most significant linkage to house price movement?

41:28 - Is borrowing capacity as important as buying capacity?

43:27 - Martin’s outlook for the interest rates in Australia and the global economy

45:20 - Boom or bust? A peek into the Australian property market for February to March

47:27 - The impact of the RBA lift on buying power and credit availability

48:47 - What are the dangers of waiting for the bottom to happen?

51:22 - More thoughts on the increased inequality in the society

54:45 - Martin North’s property dumbo

56:40 - Martin North’s anti-dumbo

About Our Guest:

Martin North is a prominent researcher who specialises in the mortgage lending, savings payments, and superannuation sectors. He is the founder of Digital Finance Analytics — a boutique research, analysis, and consulting firm. He has a long history of research in mortgage stress in Australia and publishes relevant indices on defaults, mortgage stress, and consumer confidence. In addition to his work in finance, he curates the YouTube channel "Walk the World," where he covers finance and property news with a distinctively Australian flavour and invites controversial guests. He is also a founding director of Asbestos Awareness Australia, a registered charity he established with his late wife, Jill, in 2021.

Connect with Martin North:

• Subscribe to Martin’s YT Channel “Walk the World”: https://www.youtube.com/c/walktheworlddfa
• Connect with Martin North on LinkedIn: https://www.linkedin.com/in/martin-north-6a799182/
• Visit Martin North’s website: https://www.digitalfinanceanalytics.com/

Resources:

• The Elephant in The Room Property Podcast Episode 218 https://www.theelephantintheroom.com.au/podcasts/218
• 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.wealthful.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

See omnystudio.com/listener for privacy information.

Australia's economy once lauded for its stability and strong growth potential, is now facing extreme economic strain. Inflation has been steadily climbing in recent months with the Reserve Bank of Australia (RBA) yet to take decisive action.

It begs the question: are interest rates enough to control inflation? 

To shed some light on the current state of the economy, we have economist Warren Hogan joining our podcast. In today’s discussion, we cover a range of topics that are currently affecting the economy, such as the impact of the pandemic on the housing market, the rise of the working poor, and the lack of a cohesive approach from our governments. Warren also shares his insights on the effects of the super changes, the potential for a rental crisis, and the importance of understanding the risks associated with easy credit.

Don't miss out on hearing keynote insights from one of Australia’s leading economists and dive in for a detailed exploration into how these issues are impacting us all!

Episode Highlights:

00:00 - Introduction

02:19 - Warren's stance on the Australian economy and how it differs from the consensus

06:35 - The surprising truth about interest rate and property price forecasts in 2022

13:09 - Current state of the Australian housing market and how interest rates are affecting it

16:43 - What’s happening in the Sydney property market?

24:12 - Scenarios and potential outcomes of interest rate changes on the Australian economy

27:37 -What happens to the interest rates when inflation becomes entrenched in the economy?

32:13 - How is the Australian economy faring amid the pandemic?

39:37 - The cause of the housing shortfall in Australia and how it's impacting the economy

43:42 - What is causing the wage stagnation in the labor market?

48:31 - Factors to consider when buying a home as a long-term asset

About Our Guest:

Warren Hogan is a renowned Australian economist, macroeconomic policy expert, and a top-notch analyst of global markets. He advises political leaders, businesses, and money managers through his consulting company, EQ Economics. Warren has had an illustrious career in banking and financial markets where he served as an economist and financial market strategist at various firms, including ANZ bank, Credit Suisse, and Westpac Banking Corporation. With a focus on forecasting and prediction, Warren values critical thinking and plain speaking in his approach to economic problem-solving. He engages with the SME sector to gain perspective on what's happening now and what could happen next in the Australian economy. Currently, Warren is producing analysis and forecasts for Australia's residential property markets through HALO Technologies — an Australian listed equities analytics and execution platform.

Connect with Warren Hogan:

• Warren Hogan’s LinkedIn https://www.linkedin.com/in/warren-hogan-835581116/
• Warren Hogan on Twitter https://twitter.com/_warrenhogan
• If you’d like to book Warren Hogan for your event https://www.saxton.com.au/speakers/warren-hogan

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.wealthful.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

See omnystudio.com/listener for privacy information.

Whether you’re a property investor with tenants, or you’re currently renting, you will be effected in some way shape or form with the current rental market conditions.  In today's unstable housing prices, tenants are struggling to stay afloat. With sky-high rent increases and plummeting vacancy rates, it can feel like an uphill battle! Renters need solutions NOW!

From the diminishing availability of housing units and poor living conditions; Leo Patterson Ross - CEO of Tenants Union of NSW - discusses how this current situation affects people renting a home as well as sharing his knowledge on creating a fairer system for all occupants in order to make it more accessible. 

So don't just survive this crisis, thrive by learning what solutions are available. 

Don't resign yourself to dead-end leases; join us as we uncover solutions that can create a brighter future for renters. Learn how together, we can counteract the difficulties of today's rental market and ensure tenants are given greater equity in their living situations!

Episode Highlights:

00:00 - What will happen to tenants’ rights now that we have a chronic rental shortage?

02:11 - Leo explains what the Tenants Union does

04:06 - What are the most common reasons why people get evicted from a rental property?

07:11 - What’s going on in the rental market and why isn’t it working?

18:13 - How do you address the challenges of the current housing market?

22:15 - What’s happening in Sydney’s inner city?

27:45 - What’s going to be required to change the current rental market situation?

34:16 - What’s going on in the real estate market?

39:50 - When a property becomes vacant, why isn’t it being incentivised?

45:47 - Leo’s mission statement is to change one thing

48:57 - What is the impact of rent regulation on the market?

55:45 - The temptation to look at ways to streamline the business

About Our Guest:

Leo Patterson Ross has worked in housing justice and community development for 15 years with over a decade in various roles at the Tenants' Union, stepping up as CEO the day COVID eviction moratoriums were announced in NSW. Bringing together social work training, front-line advocacy experience and a pragmatic approach to seeking solutions that work, Leo is committed to assisting renters, to and speaking about the experience of renters in NSW.

Connect with Leo Patterson Ross:

• Leo Patterson Ross’ LinkedIn https://www.linkedin.com/in/leopattersonross/
• Leo Patterson Ross’ Facebook Page https://www.facebook.com/leopattersonross/
• Leo Patterson Ross’ Twitter https://twitter.com/LeoPatRoss

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.wealthful.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

See omnystudio.com/listener for privacy information.

The real estate sector in Australia has come under scrutiny lately after a Four Corners report uncovered certain questionable practices employed by real estate agents. While this exposé has sparked a series of discussions and raised important ethical and regulatory questions about the industry, there remain many uncertainties about what will happen next.

In today’s episode, we closely examine the aftermath of the Four Corners exposé and its implications on the Australian real estate market. We also talk about our views on what regulators can do to tackle poor real estate practices, presenting a nuanced perspective on the state of the industry and exploring possible solutions moving forward.

If you want to keep abreast of the latest developments in the Australian real estate industry, we invite you to join us for an insightful and informative conversation on the real estate industry's response to the Four Corners exposé.

Episode Highlights:

00:00 - Introduction

01:39 - Chris and Veronica's initial reactions to the Four Corners Exposé

03:17 - Uncovering the flaws and challenges in Australia's real estate industry

07:40 - Can the real estate industry overcome its sales-focused past?

13:47 - Is the CBD system failing the real estate industry?

18:59 - What buyers SHOULD do to minimise risk when purchasing properties

22:30 - The most common ethical issues in real estate and how to avoid them

26:14 - Uncovering the truth: Real estate agents and undisclosed kickbacks

31:41 - The real culprit behind under-quoting: Poor legislation or unscrupulous agents?

38:03 - How to protect yourself from the impact of underquoting in the real estate industry

45:48 - How real estate agents manipulate buyers with underquoting

52:19 - How can the real estate industry shift its culture towards being trusted advisers?

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.wealthful.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

See omnystudio.com/listener for privacy information.

Are you curious about what the future holds for the Australian property market? Do you want to stay ahead of the game and make informed investment decisions? Look no further than our annual Fool or Forecaster report! We provide a detailed analysis of the latest trends and predictions in the market, including a comparison of these predictions to what actually happened in the previous year.

In this year's report, we take a deep dive into the tumultuous year of 2022, examining the unexpected events that impacted the Australian property market. We explore the effects of these events on the current state of the market and offer valuable insights for investors and anyone interested in the property market.

But we don't stop there. In addition to the usual property price predictions, we also track interest rate predictions and their influence on property values, providing a comprehensive view of the market outlook for 2023.

Join us for a thought-provoking exploration of the Australian property market, where we highlight those who predicted market trends accurately and those who missed the mark. Tune in to this must-listen episode, for anyone who wants to stay informed and ahead of the curve!

Episode Highlights:

00:00 - Listen to our NEW Fool or Forecaster Reporter for the year 2023!

02:12 - The surprising effects of the global economy on the Australian property market

05:16 - Chris Joye and his prediction of the property market downturn

07:37 - Key factors that influenced predictions about the Australian property market early 2022

09:25 - What can we learn from past property market forecasts and outcomes?

13:27 - The rollercoaster unpredictability of the RBA's inflation forecast

15:04 - Can we REALLY trust the "expert's" housing market forecasts?

19:42 - Human side of property market: Why forecasts fall short

21:52 - Beyond numbers and predictions: Insights from the mortgage cliff

25:10 - Waiting for the "magical moment" in the property market can sometimes backfire

28:47 - Gong! The truth about how the media handles poor economic predictions

31:18 - How to avoid being misled by economic news and media sensationalism

33:24 - How can you stay confident in your investment decisions despite market noise?

Resources:

• Let’s take a look at the Fool or Forecaster Report of 2022: https://www.theelephantintheroom.com.au/fool-or-forecaster
• 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?http://www.gooddeeds.com.au/
• Work with Veronica:https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker?https://www.wealthful.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

See omnystudio.com/listener for privacy information.

Do you ever feel skeptical about property investors' supposed success stories? We understand how frustrating it can be especially when these so-called property investors boast about their short-term wins without any substantial evidence to support their claims.

But the question remains, what metrics should we really be using to measure success in the property investment game?

Joining us today is Michael Beresford, Director of Investment Services at OpenCorp, to discuss the key metrics that truly matter in determining property success. With Michael’s impressive credentials and extensive knowledge with close to two decades in the industry, we're sure this conversation will provide a wealth of information that we can all benefit from.

Tune in to this valuable conversation and discover what really counts in the world of property investment.

Episode Highlights:

00:00 - Introduction

01:41 - A little backstory about Michael and OpenCorp

03:08 - Why Opencorp stands out among property companies

05:09 - How can you achieve both cash flow and growth in real estate investing?

12:46 - What determines success or failure in property investment?

15:03 - The importance of outperforming the market in property investment

18:28 - The benefits of diversifying your property portfolio across Australia

21:21 - How "home bias" can affect investment decisions

23:40 - What are the key fundamentals to consider when investing in property?

26:17 - How to maximise rental income and borrowing capacity

28:40 - Mitigating risks when investing in real estate

34:46 - What factors influence the size of land in different areas of the real estate market?

43:04 - Key criteria for selecting a successful real estate investment

49:39 - How to minimise risk and ensure rental demand in property investment?

52:41 - How do you measure your investment success?

55:20 - A peek into Pallara's growth driving comparable sales and unlocking equity

1:02:41 - What every property owner should know about maintenance

1:08:57 - How can you maximise your borrowing capacity for property investment?

1:11:52 - Michael Beresford’s Property Dumbo

About Our Guest:

Michael Beresford - Director of Investment Services at OpenCorp, Michael is committed to sharing his passion for property and investment to deliver outstanding returns for everyday Australians. Michael has helped over 2,000 OpenCorp clients add $837 million in value to their property portfolios. Aside from guiding and advising our clients at OpenCorp, Michael is also involved in helping the company maintain its high level of growth.

Connect with Michael Beresford:

• Connect with Michael Beresford via LinkedIn: https://www.linkedin.com/in/michael-beresford-25591237/
• Visit Michael’s website: https://opencorp.com.au/author/michael-beresford/

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? www.gooddeeds.com.au
• Work with Veronica: www.veronicamorgan.com.au
• Looking for a Mortgage Broker? www.wealthful.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

See omnystudio.com/listener for privacy information.

As we enter March 2023, the Australian property market has seen its fair share of ups and downs. With fluctuating inventory levels and unpredictable changes, it can be difficult to know what to expect in the real estate investment landscape.

Take the guesswork out of it and join us on this exciting episode of the Elephant in the Room Property Podcast as we delve into the complex world of real estate investment.

Together with our resident data geek, Kent Lardner, we break down Suburbtrends’ trusted data analysis to uncover 'sea change churn trends' in the market, and explore the latest property investing strategies for the Australian property market. We also take an up-to-date look at inventory levels in the property market, which might put future investments into perspective, and scope out current price movements between top properties down to more affordable ones.

The real estate investment in Australia can be a tricky and confusing space to navigate, especially with market contradictions and high inventory. So join us as we discuss the latest real estate investment trends in Australia and share insights on the best property investing strategies for the Australian property market.

Episode Highlights:

00:00 - Introduction

01:08 - What does the data tell us about the property market?

09:20 - How to navigate the market with high inventory

13:06 - How to deal with first-time buyers

17:18 - The percentage of properties that are being flipped within three years

22:06 - What are some of the most overvalued suburbs?

26:59 - What’s changing in the markets?

34:05 - What’s happening to the non-commutable lifestyle locations?

39:40 - The property market in London

44:30 - Where do you buy if the supply lines aren’t there?

49:50 - How to get ahead as a renter or investor during a rental crisis

About Kent Lardner:

Kent Lardner is an expert data science and business leader with 30+ years of experience at leading companies like JLL, CoreLogic, and General Electric. He has led teams of 5 to 200 people across Australia and China, driven by his passion for high-growth digital businesses. Kent is also the founder of Suburbtrends, a leading property research firm trusted by major names in Australian property and featured in mainstream media.

Connect with Kent Lardner:

• Kent Lardner's LinkedIn: https://au.linkedin.com/in/kentlardner
• Kent Lardner's Wesbite: Suburbtrends https://suburbtrends.com/

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

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Attention all Adelaide property seekers! Are you struggling to navigate the complexities of the local real estate market? You're not alone. With Adelaide emerging as a hot spot for property investment, finding your dream home can be challenging. But fear not – we've got you covered.

In our latest podcast episode, we're joined by the esteemed buyer's agent, Matt O'Donoghue. With close to two decades of experience in the field, Matt is a well-known expert based in South Australia. He'll be sharing his insider knowledge on Adelaide's property market, providing invaluable insights for first-time buyers, investors, and expats planning to move back home.

Join us as we explore the affordability of properties in Adelaide, uncover the hottest areas, and discover how to get the best return on your investment in this thriving market. With COVID-19 shaking things up, Matt explains why Adelaide is an excellent choice for property investment. Don't miss out on this opportunity to get started on your home-buying journey. Tune in to our podcast now and take the first step towards securing your dream home.

Episode Highlights:

00:00 - Introduction

01:08 - Who is Matt O’Donoghue?

01:51 - What’s driven the Adelaide property market prior to Covid?

08:05 - What’s happening with expats coming back to Adelaide?

14:46 - The FOMO in Brisbane

17:17 - How does the auction market in Adelaide work?

23:34 - The reason why expats are moving back to Adelaide

26:28 - Is the CBD in Adelaide a good investment?

30:33 - What’s driving the affordability market in Adelaide?

38:10 - How self-imposed limits can hurt your property search

42:49 - Matt’s property dumbo

About Matt O’Donoghue:

Matt O'Donoghue is an award-winning Buyers Agent with a long history of success in the real estate industry. His decade and a half of experience have seen him achieve record numbers, becoming one of the top producers in South Australia/Northern Territory for three consecutive years. Not only is he skilled at negotiation, customer service and teamwork but also holds licenses for land auctions - making his services invaluable to Waterman Property Advocates team!

Connect with Matt O’Donoghue:

• LinkedIn- https://au.linkedin.com/in/matt-odonoghue-ab50ab168 
• Waterman Property Advocates- https://watermanpa.com.au/ 

Resources:

• Visit our website https://www.theelephantintheroom.com.au

Hey, hey, podcast pals! If you loved what you heard today, make sure to hit that subscribe button, give us a juicy rating, and spread the word about our awesome show!

See omnystudio.com/listener for privacy information.