The Elephant In The Room Property Podcast | Inside Australian Real Estate

After decades of neglect and dwindling investments in public housing, it appears that governments worldwide are finally recognising the urgent need to bolster social housing and incorporate low-cost accommodations in new developments. But what transformations are occurring in this critical space, and can we truly say that governments have already learned from past mistakes in the face of the ongoing rental crisis? Furthermore, what's the timeline for these policy changes to make a real impact?

In today's episode, we jump right into the heart of the affordable housing crisis and the resurgence of social housing initiatives. Our guest, Michele Adair — CEO at the Housing Trust, an organisation dedicated to constructing and managing affordable rental housing for individuals with very low to moderate incomes. With an extensive portfolio of over 1,200 homes and ambitious plans for another 200, Michele offers invaluable insights into the world of affordable housing.

As we dissect the evolving landscape of social housing and government commitments, we inquire about Michele's sentiments regarding the current climate. Does she see genuine reason for optimism amid the housing crisis?

Tune in to explore the pressing issue of housing inequality and discover how individuals like Michele Adair are forging change, and propelling us toward a future where housing is not a luxury but a fundamental right.

Episode Highlights:

00:00 - Introduction

01:04 - Who is Michele Adair?

01:41 - Is the current changing landscape of social housing supposed to fill us with hope?

07:53 - Michele's update on Tasmania's rental market and short-term accommodations

12:11 - The impact of short-term rental platforms on the long-term rental market

17:49 - Discussing government initiatives, including the Housing Australia Future Fund

20:58 - Evaluation of the ambitious target to build 1.2 million homes over five years

23:47 - Increasing low-income housing in redevelopment: Is it a real change?

27:41 - Michele discusses innovative solutions for housing and taxation

30:45 - Vacant properties in Australia and potential solutions

33:45 - What affordable housing solutions are currently open in Australia?

40:19 - The importance of density and creative solutions

45:49 - Michele Adair’s property dumbo

About Our Guest:

Michele Adair is the CEO of Housing Trust in Wollongong, a company dedicated to building and managing affordable rental housing. With a portfolio of 1,200 homes and plans for 200 more, the company is valued at over $250 million. Michele also serves as the inaugural Chair of Homes Tasmania, tasked with creating 10,000 social and affordable homes in 10 years. Her extensive career includes leadership roles in various organisations, such as the Community Housing Industry Association of NSW and Cystic Fibrosis NSW. Beyond her professional accomplishments, Michele is a mother, grandmother, and avid golfer, known for her effective advocacy and contributions to policy reforms in affordable housing, health, and gender equity. She's been recognised with awards such as the Illawarra's Outstanding Business Leader of the Year in 2021 and the UDIA National Women in Leadership Award for Excellence in 2023.

Connect with Michele Adair:

• Follow Michele on LinkedIn: https://www.linkedin.com/in/michele-adair/

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.

Spring is traditionally a time of renewal and growth, and this year, the property market is no exception. Today, we dive deep into the heart of the property market, with our focus squarely set on the unfolding drama of Spring 2023. We explore the burning questions that homeowners, investors, and renters across the nation are eager to have answered. "What’s in Store for the Property Market in Spring 2023?"

In this episode, we're joined by a true expert in the field, Corelogic's Head of Australian Research, Eliza Owen who is not only the author of the acclaimed "Pain & Gain Report," but is also a master at deciphering the enigmatic language of property data. Our conversation begins with the ever-pressing question: Will Spring 2023 bring forth a surge in new property listings, and if so, what will it mean for the delicate balance between supply and demand? Will this finally be the turning point where prices stabilise or even dip? We examine the data, unpacking the potential consequences for buyers, sellers, and the broader market.

And, of course, we can't forget the rental market, where whispers of a slowdown in rental price growth have left many puzzled. Despite a lack of new supply, why are rental prices not following the usual upward trajectory? Eliza Owen will provide her insights into this intriguing phenomenon.

Join us for a riveting conversation as we unveil the trends, forecasts, and data-driven insights that will shape the property market's course throughout Spring 2023.

Episode Highlights:

00:00 - Introduction

01:40 - What’s the current state of the property market?

03:27 - Future outlook of the spring property market in terms of new property listings

06:16 - Factors contributing to the resilience of the property market despite challenges

08:58 - Complexities surrounding abnormal winter property listings

12:37 - Has there been a shift from the 2021 trend of regions outperforming cities?

17:29 - Factors driving a significant increase in purchasing activity in Perth

23:08 - How are interest rates and property prices holding up?

26:58 - The impact of the fixed rate cliff on the mortgage market

29:36 - Veronica’s theory on why investors sell pre-emptively

34:46 - How might the RBA respond to changing inflation?

36:22 - Do interest rates impact rents?

39:43 - Is it possible for all areas to eventually revert to the same mean property value?

44:39 - Key trends to watch for in the real estate market in the coming months

49:43 - How will increased public housing and build-to-rent sectors affect real estate investors?

52:32 - Eliza Owen’s property dumbo

About Our Guest:

Eliza Owen is an experienced property data analyst with a background in economics. She has worked for Residex, Domain Group, and CoreLogic, specialising in descriptive and inferential data analysis, data visualisation, and framing data trends with broader economic concepts. Eliza is also a passionate communicator who explains economic concepts to diverse audiences. She has presented on the TEDX stage, written for prominent publications, and been a regular commentator on commercial radio and television. Eliza is a popular keynote speaker, having presented to audiences in real estate, construction, banking and finance, property development, and consumer markets.

Connect with Eliza Owen:

• Follow Eliza on LinkedIn: https://www.linkedin.com/in/eliza-owen-2554ab65/
• Visit their website: https://www.corelogic.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.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.

The allure of data in property investment is undeniable, but it's not a one-size-fits-all solution. As we delve into this episode, we'll explore the critical issue of conflicting data points. We often assume data is an infallible foundation for decision-making, but it's how we interpret and contextualise that data that truly matters. What happens when the same dataset tells multiple, even contradictory stories? How do you know which information to trust when making one of the most significant financial decisions of your life?

In this episode, we are joined by Jeremy Sheppard, a property data specialist with a passion for uncovering the secrets of great capital growth locations. Back in 2010, Jeremy created the Demand to Supply Ratio (DSR), a groundbreaking predictor of capital growth that has since become a cornerstone for many investors. But Jeremy's journey isn't just about success; it's about the lessons learned through experience. As he puts it, "I think I've made all the mistakes I can for now. From here, it's all about helping other investors avoid the mistakes I made."

Join us today as we tackle a topic that's on the minds of every savvy investor: capital growth. What's the secret to achieving it, how should it be measured, and over what time frame? We answer the most common questions that have perplexed investors for years, and it's time to demystify them. So tune in now and equip yourself with the knowledge you need to make confident, lucrative property investment decisions.

Episode Highlights:

00:00 - Introduction

01:12 - Who is Jeremy Sheppard?

02:11 - Common mistakes Jeremy experienced and thinks property investors should avoid

04:28 - What are the key takeaways for successful property investment structuring?

08:10 - How Jeremy got into the property data space

12:45 - Understanding the fundamentals of the property market

16:32 - What is the minimum return needed for a short-term investment to be a good bet?

20:17 - How DSR helps in determining when and where to buy and sell a property

26:25 - Metrics and factors to consider when assessing the desirability and potential of a suburb

33:08 - What is the ripple effect of population growth on suburbs?

36:47 - Is it right to use income growth alone as a predictor of property price growth?

38:32 - What are the limitations of using census data for property price growth predictions?

43:06 - Is there a direct correlation between income growth and capital growth in real estate?

46:38 - Potential shortcomings of analysing property market data over a single timeframe

50:44 - Can increased investor activity be a predictive metric for property markets?

54:36 - Is there a middle ground between active and passive property investment?

57:54 - The importance of timing and the factors that influence property purchases

About Our Guest:

Jeremy Sheppard is a seasoned property investor and data expert who began his real estate journey in 2002, accumulating 15 properties over six years and learning from his experiences. His passion lies in leveraging property data to identify capital growth opportunities, culminating in the creation of the Demand to Supply Ratio (DSR) in 2010 and the launch of dsrdata.com.au in 2015. Jeremy has shared his expertise through 50+ articles for publications like Your Investment Property magazine and appearances on popular property podcasts, as well as on television programs like Sunrise. His extensive knowledge of property data and capital growth makes him a trusted authority in the field, driven by a mission to help fellow investors succeed.

Connect with Jeremy Sheppard:

• Visit Jeremy’s website: https://dsrdata.com.au/
• Follow Jeremy on LinkedIn: https://www.linkedin.com/in/jeremy-sheppard-463344b8/

Resources mentioned in this episode:

• How to Lie with Statistics by Darrell Huff https://www.amazon.com.au/How-Lie-Statistics-Darrell-Huff/dp/0393310728

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.

Have you ever wondered what it truly requires to become a property forecaster? The surface might suggest economics degrees and positions in prestigious financial institutions, but the accuracy of their predictions often seem to miss the mark by a mile. So, what gives? Are there hidden puzzle pieces they're not seeing or just ignoring?

In a world where economic indicators and banking reports often fall short in painting an accurate property market portrait, let's venture beyond the surface-level analysis. Are there hidden variables that escape mainstream attention? Could it be that forecasters are sidelining crucial factors in their projections?

Our guest today is none other than Louis Christopher, a distinguished figure in the realm of property research. With the inception of SQM Research in 2006 and his pivotal role at the Australian Property Monitors before that, Louis has carved out a reputation for his astute market outlooks and precise predictions.

Buckle up as we challenge the conventional wisdom of property forecasting and probe into the core drivers of real estate valuation. Let's break things down, and get a whole new perspective on what really makes property prices tick – or tank.

Episode Highlights:

00:00 - Introduction

01:13 - Our guest for today…

03:38 - Why aren’t banks getting the forecasts accurate?

07:45 - The rental stress and the housing crisis

13:57 - How property listings are affecting property forecasts?

16:53 - Economists when predicting housing trends

20:21 - What most property data experts miss out on

24:16 - What happened to property prices back in 1990

26:43 - Base case forecasts in November 2022

28:34 - How Louis puts together his forecasts

32:47 - How low inflation could impact property prices in 2024

35:10 - What leading indicators influence the housing market?

38:25 - Consumer confidence and the housing market

42:20 - Consumer confidence and consumer spending

47:28 - Resilience in the market

49:04 - The impact of the interest rate cliff on the housing market

52:13 - Should APRA step in and restrict borrowing capacity?

57:16 - Impact of stamp duty on property prices

58:48 - Louis Christopher’s property dumbo

About Our Guest:

Louis Christopher established SQM Research in 2006. He was Head of Research and General Manager of the property statistics agency, Australian Property Monitors (APM) for six years. During his time at APM, Louis constructed key residential property market indexes published by the Reserve Bank of Australia. Prior to APM Louis spent three years at the Securities Institute of Australia as a Technical Editor. Louis previously spent 18 months at MLC working in the investment services. He is widely respected for the quality and accuracy of his market outlooks, ratings philosophy and forecasts for the Australian residential property market.

Connect with Louis Christopher:

• Connect with Louis on LinkedIn: https://www.linkedin.com/in/louischristopher/
• Visit SQM’s website: https://sqmresearch.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.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.

In our latest Suburb Trends Report for September 2023, let's explore the upcoming property landscape as we unveil the regions in Australia that are set to experience a significant decrease in listings this spring.

As property enthusiasts, investors, and everyday individuals interested in the housing market, it's essential to stay informed about the trends that influence our investment decisions. Today, we're here to provide you with a clear, data-driven analysis of what to expect in terms of property listings across the country. We're turning our attention to the numbers and patterns that paint the listings landscape with Kent Lardner, our resident data geek from Suburb Trends.

While there has been an overall rise in listings, it's important to note that this trend isn't universal. Our aim is to uncover the regions within Australia where listings are projected to decrease during the upcoming spring season, and to offer insights into the reasons behind this projection. By examining various factors including demographics, market demand, and economic indicators, Kent has identified the markets that are likely to experience a decrease in listings.

Join us as we navigate through the nuanced landscape of real estate listings, providing you with valuable information to guide your investment choices throughout the spring season and beyond.

Episode Highlights:

00:00 - Introduction

01:06 - How Kent tackled the challenge of identifying the tightest markets across Australia

03:25 - Contradicting media reports and actual data about real estate listings and market trends

09:12 - Property listings in Tullamarine and Broadmeadow

12:16 - Factors that contribute to the falling of listings

16:21 - How long will the underbuilding continue and what is the solution?

18:12 - The biggest constraint in the domain of property development

21:41 - Will dropping prices ever help renters become homeowners?

23:17 - A potential short-term solution to the housing shortage

26:55 - Analysing forecasted price drops and property listings in various Australian suburbs

36:42 - The influence of buyer's agents, investors, and market dynamics on property prices

40:24 - The real takeaway in this Suburb Trends report

45:49 - Kent talks briefly about how he uses AI for real estate the proper way

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 Website: 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? 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.

We all dream of financial success, and for many, property investment is a path that promises long-term prosperity. It's easy to get swept up in the allure of strategies that promise quick returns, but how do we know if these tactics are built on substance or mere hype? How do we tell the difference between solid investment choices and empty promises?

In this episode, we explore the intriguing realm of exclusive access and so-called "secret recipes." There's always someone offering a shortcut to prosperity, but what's the evidence behind their claims? We also dive into the stories of these "sub advisors" who confidently tout untested methods. What drives their confidence, and how do they build businesses without solid foundations?

Joining us today is Stuart Wemyss, a respected financial planner and author with a keen focus on both finance and property. Stuart is a trusted voice in the realm of finance, known for his down-to-earth explanations of complex concepts. What sets him apart is his commitment to evidence-based approaches. Instead of pushing quick fixes, Stuart values a well-informed perspective that's free from hidden agendas.

By the end of this episode, you'll be better prepared to navigate the complex world of property investment with a discerning eye. Tune in now to join the conversation and gain insights that could reshape your investment approach.

Episode Highlights:

00:00 - Introduction

01:21 - Who is Stuart Wemyss?

03:08 - Has Stuart’s philosophy and fundamental beliefs changed?

04:48 - Is the mortgage brokers industry undergoing a transformation?

10:53 - What factors contribute to the "all or nothing" mentality in property investment?

13:09 - The complexities of property investment compared to shares

20:28 - The misconceptions associated with timing the property market

24:58 - The volatility of the property market

26:03 - What are the common mistakes in asset selection that property investors make?

30:17 - Why is considering long-term consistency important in evaluating property investments?

34:49 - Alternative property investment strategies for individuals with limited budgets

37:45 - Alternatives to property investment recommended for building retirement wealth

39:46 - Stuart’s thoughts on investing in the share market while saving for property deposit

43:31 - The pros and cons of buying property within a superannuation fund

50:01 - Factors to consider when deciding between a home upgrade and property investment

54:55 - Stuart Wemyss’ property dumbo

About Our Guest:

Stuart Wemyss is a qualified chartered accountant, independent financial adviser and mortgage broker with over 20 years' experience. His business, ProSolution Private Clients, has helped hundreds of people invest successfully. Stuart is licensed to provide financial, credit and tax advice, which means he's able to give holistic advice.Stuart has always believed in the need for people to be able to access trustworthy, independent financial advice. Nothing upsets him more than to hear about selfish advisers ripping off their unsuspecting clients! This passion is what drives him daily to write books and blogs, publish podcasts, appear in the media, advise his clients, mentor his staff and give presentations &– whatever it takes to help more people access a source of unbiased information and advice.

Connect with Stuart Wemyss:

• Follow Stuart on LinkedIn: https://www.linkedin.com/in/stuartwemyss/
• Check out Stuart’s book: https://www.prosolution.com.au/buy-investopoly/
• Visit Stuart’s website: https://www.prosolution.com.au/
• Listen to Stuart’s podcast: https://podcasts.apple.com/ph/podcast/investopoly/id1348458167

Resources mentioned in this episode:

• Episode 39: Where Can You Get Excellent Financial & Property Advice? https://theelephantintheroom.com.au/podcasts/039
• Episode 126: Lending Rules & Predicting the Property Market https://theelephantintheroom.com.au/podcasts/126
• Episode 162: Houses vs Apartments https://theelephantintheroom.com.au/podcasts/162
• Episode 225: Getting Started With Commercial Real Estate Investing https://www.theelephantintheroom.com.au/podcasts/225

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.

In an age where artificial intelligence is making waves across many industries, the buzz is louder than ever, sparking discussions on its incredible potential and potential pitfalls. But, as we dive deeper, a new question arises: how will the rapid AI advancements reshape our understanding and interaction with complex markets, like real estate?

Today, we sit down with Luke Metcalfe — founder of Microburbs, and listen as he unpacks the transformative potential AI holds for the property market. He delves into the exciting prospects AI offers, where instant insights could reshape the way we evaluate property, saving time and resources.

As we explore the changing dynamics, Luke emphasises the evolving roles of various experts in this realm. While AI might provide quick answers, it takes a seasoned data scientist to formulate the right questions in the first place. With AI's assistance, a new paradigm is emerging, empowering investors, real estate professionals, and even potential homeowners with deeper insights into property markets.

But will AI really pave the way for a more efficient and informed decision-making process in real estate, or should we remain cautious about its impact on the accuracy of investment choices?

Episode Highlights:

00:00 - Introduction

01:12 - Who is Luke Metcalfe?

03:30 - How does data utilisation enhance real estate investment strategies?

10:46 - What factors beyond metrics are now considered for successful investments?

14:50 - Is AI's predictive power the future of tailored property suggestions?

19:45 - The role of a subject matter expert in balancing data-driven property insights

23:15 - Is there a correlation between happiness and a property’s price?

28:35 - Is there a link between incomes and growth?

32:57 - Do demographic shifts in suburb residents affect real estate dynamics?

36:49 - The problem with short-termism in the property space

40:28 - Can data overlays really envision urban development in response to growth?

43:56 - Using the data to model the market

47:26 - The future of real estate from the lens of a data scientist

52:10 - Luke Metcalfe’s property dumbo

About Our Guest:

Luke Metcalfe is a distinguished name in the realm of data science and entrepreneurship. With over 25 years of experience under his belt, Luke has honed his skills to become a true luminary in his field. As the founder of Microburbs, he has pioneered a unique approach to data analysis that focuses on identifying the core drivers of business outcomes.

Luke's expertise lies in swiftly navigating complex datasets, both within organizations and beyond. He's not merely a statistician – he's a polymath data expert who seamlessly combines rapid coding, insights from public data sources, statistical knowledge, marketing insights, and an entrepreneurial mindset. 

Connect with Luke Metcalfe:

• Follow Luke on LinkedIn: https://www.linkedin.com/in/luke-metcalfe-data-scientist/
• Visit Luke’s website: https://www.microburbs.com.au/

Resources mentioned in this episode:

• Episode 16 | The truth about what really makes property prices go up or down https://www.theelephantintheroom.com.au/podcasts/016

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.

Today, we're putting the spotlight on real estate investments and addressing some of the most pressing questions from our curious audience.

First up, we'll be exploring alternative methods to measure the success of an investment property. Traditional metrics like capital growth rates and yield are important, but we dive deeper into unconventional indicators that could reveal hidden gems or red flags in a property's potential.

Next, we know how critical cash flow is for any investor. So, we unveil some ingenious strategies to improve your property's cash flow. From leveraging technology to implementing smart budgeting techniques, we've got you covered with practical tips to boost your income and ensure a steady stream of revenue.

Another hot topic we'll be tackling is underquoting, a concerning issue in the real estate industry. We discuss potential solutions to protect both buyers and sellers from unfair practices, shedding light on regulations and ethical considerations that can lead to a healthier market for everyone involved.

Join us for an enriching episode as we navigate through the complexities of investment properties. From novel ways to measure success, to optimising cash flow, and addressing critical market issues, this episode is packed with insights that will definitely elevate your property investment game. 

Episode Highlights:

00:00 - Introduction

00:56 - How to measure the value of an investment property when considering a purchase?

15:17 - Are high yield investments more resilient during economic downturns?

25:47 - Thoughts on the proposed solution to address underquoting in the real estate market

35:53 - Property dumbo from one of our listeners

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.

As the real estate market continues to evolve, prospective investors are facing new challenges that demand attention and strategic planning. And resident data geek, Kent Lardner is back to provide valuable insights into the factors contributing to the rising unaffordability and explore potential solutions to mitigate its impact.

In this insightful June 2023 Suburb Trends report, we delve deep into the essential information that property investors must be aware of when considering investment opportunities across the country. Throughout this episode, we discuss the impact of fluctuating housing prices, inflation rates, and other economic indicators on property affordability. We also talk about the pivotal role that government policies and regulations play when it comes to shaping the investment landscape, and how investors can adapt their strategies to navigate these changes.

Join us as we bring you the most up-to-date data, expert advice, and actionable insights to help you make informed property investment decisions. Tune in and arm yourself with the knowledge you need to navigate the complexities of the current investment landscape and achieve your financial goals.

Episode Highlights:

00:00 - Introduction

01:21 - What economic metrics tells us about the effects of AI on jobs and housing

03:41 - What are the specific areas where property is becoming too expensive to rent or buy?

08:22 - Why it’s hard to measure income growth in a suburb

11:02 - Early signs of a rental crisis in the country

14:07 - The potential risks of AI on jobs and housing affordability

19:57 - What factors are currently affecting housing supply and demand?

24:11 - Which housing markets will be most affected by AI's impact on jobs?

31:57 - What’s happening in the property market in Sydney?

34:56 - Assessing affordability risks in different suburbs

40:12 - The impacts of a falling market on the rental market

45:29 - Discussing two different approaches when entering the property market

48:39 - The impact of AI on the real estate market

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 Website: Suburbtrends https://suburbtrends.com/

Resources mentioned in the episode:

• Stepping Stone Strategy Tutorial Workshop: https://homebuyeracademy.com.au/ssw

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.

How can we strike a balance between accommodating a growing population in our cities and maintaining a high standard of livability? What are the key factors that need to change in our urban planning strategies to ensure cities remain livable as the demand for housing increases? Join us as we delve into the pressing challenges of urban living and explore the concept of YIMBY-ism (Yes In My Backyard) as a solution.

Our guest, Eamon Waterford, CEO of the Committee for Sydney, joins us to share his expertise and insights into the future of cities through a Sydney lens. Eamon's journey began by working closely with individuals facing long-term homelessness in Penrith and Blacktown. Through this firsthand experience, he gained a deep understanding of the challenges they face and the urgent need for innovative solutions.

Today's episode explores the pressing issue of housing shortages and increasing homelessness that plague cities not only in Australia but all around the world. With a chronic shortage of dwellings, we must reimagine our cities to ensure that everyone has access to safe, affordable housing. We discuss the role of YIMBY-ism, a movement that advocates for the creation of new housing and urban development in existing neighbourhoods.

We also touch upon the parallels between the urgency of the housing crisis and the looming climate crisis. As we grapple with these immense challenges, we explore strategies for garnering broader public support and mobilising action. Join us as we navigate the complexities of urban living, envision a future where cities are livable for all, and learn how YIMBY-ism can play a pivotal role in shaping our urban landscapes.

Episode Highlights:

00:00 - Introduction

01:18 - Who is Eamon Waterford?

02:54 - What is the committee of Sydney and their role in the community?

05:47 - Achieving equitable urban development: Avoiding zero-sum outcomes

10:20 - What’s the current status of attraction for talent in Australia?

12:51 - The issue about losing reputation and its importance in attracting talent

14:53 - How to address the housing crisis in Sydney

17:29 - Solutions for turning from NIMBY-ism to YIMBY-ism

27:37 - Exploring the impact of zoning changes on housing stock and city development

32:25 - Eamon’s thoughts on the work from home movement

36:49 - What other critical issues should Sydney prioritise alongside housing?

41:21 - Finding solutions that balance the distribution of buildings and living areas

44:25 - What will it take to get positive action from the government to solve the housing crisis?

48:36 - Can the government ALONE solve the housing crisis?

53:19 - Eamon Waterford’s property dumbo

About Our Guest:

Eamon Waterford is currently the CEO of the Committee for Sydney, leading a career focused on addressing social and urban issues. He has worked closely with the homeless community, conducted the first Homelessness Street Count, and held positions as Chief Strategy Officer and Deputy CEO at various organisations. Eamon has delivered influential reports on urban density, benchmarking, and safety. He also actively engages in Sydney's cultural and social landscape, serving on boards of organisations like Monkey Baa Theatre Company and the NSW Council of Social Services.

Connect with Eamon Waterford:

• Follow Eamon on LinkedIn: https://www.linkedin.com/in/eamon-waterford/
• Visit their website: https://sydney.org.au/about/eamon-waterford/

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.