We love nothing more than data, data and data, and in this episode we interview Dr Nicola Powell, Senior Research Analyst at Domain, she is at the helm of Domain’s data reports and has appeared in various mainstream media outlets. Nicola delves deep into the search data and behavioural science of buyers and sellers, also giving us tips and tricks on how to utilise Domain data to make better property decisions. 

Here’s what we covered:

• How many properties were on the market at a discount?
• What makes sellers decide to price edit?
• How many properties are sold through private treaty?
• Why the Australian market is made up of thousands of micro markets.
• What macro data should home buyers be looking for?
• How many properties are currently transacting?
• Is the fear of a second lockdown in Sydney impacting the supply of property?
• What are buyers searching for in their future property?
• What areas are people searching for the most?
• What data is Domain harvesting from you?

This weeks Dumbo:

• Falling in love with a property that has transacted several times in a short period of time

RELEVANT EPISODES:Episode 123 | Martin North Episode 125 | Damien Cooley Episode 133 | Alice Stolz

Domain Reports:House Price Report Healthy Suburbs

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

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

Send in your questions to: [email protected]

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in August, 2020.

https://www.theelephantintheroom.com.au/podcasts/140

See omnystudio.com/listener for privacy information.

From meeting rooms at midday to digital boardroom online, we interviewed Lisa Dowie, chief customer officer at PEXA. PEXA has been instrumental in delivering new tech solutions to the outdated property market by connecting all the stakeholders in the transaction. In this episode we discuss how the paper trail ends with PEXA and how the complete digital property transaction is just around the corner.

Here’s what we covered:

• What is PEXA and how do they improve standards in the property transaction?
• How PEXA has reduced the amount of delayed settlements across Australia.
• Which states will receive PEXA support next?
• Has PEXA benefited from COVID in streamlining their product?
• What were some of the problems associated with digitising documents?
• What happens if one part of the transaction refused to use PEXA?
• How digital products are combating digital crimes.
• Why getting a survey done is crucial.

This weeks Dumbo:

• Not having all of your paperwork in order for the property transaction

RELEVANT EPISODES:Episode 125 | Damien Cooley Episode 116 | Alison Lacey Episode 95 | Craig Bigelow

GUEST LINKS:Pexa - Homepage Pexa Key - App

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

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

Send in your questions to: [email protected]

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdnessThis episode was recorded in August, 2020.

https://www.theelephantintheroom.com.au/podcasts/139

See omnystudio.com/listener for privacy information.

Welcoming back Director of Research of The Demographics Group, Simon Kuestenmacher. Simon was a guest back in Episode 40 where he outlined the potential problems of Australia's aging population and the current population growth. In this episode we breakdown the impact of COVID on society, specifically how our behaviours and attitudes to work have adjusted and ultimately understanding how this will translate into what people buy in the future to accommodate societies new lifestyle needs.

Here’s what we covered:

• Will we feel the effects of COVID for years to come?
• What will happen to the inner cities around Australia?
• Will big business continue to have CBD based offices or will they adapt?
• What is the trend in businesses working from home?
• What are the pros and cons of working from home?
• Why will having an additional room be crucial for working from home?
• When will the fringes of each city's CBD see growth due to the WFH movement?
• What will be the biggest demographic changes in Australia?
• How might migration return to normal?
• Will reverse mortgages become more prominent?

This weeks Dumbo:

• Purchasing a one bedroom apartment

RELEVANT EPISODES:Episode 40 | Simon Kuestenmacher Episode 132 | Mark McCrindle  Episode 133 | Alice Stolz

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

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

Send in your questions to: [email protected]

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness.

This episode was recorded in August, 2020.

https://www.theelephantintheroom.com.au/podcasts/138

See omnystudio.com/listener for privacy information.

Every week we chat about Australia's major property markets, but how does Canberra compare and what are its growth prospects? In this episode we speak with Canberran Claire Corby, one of the only buyers agents to work exclusively in Canberra. We discuss the interesting caveats of owning property in Australia's capital city, how has Canberra’s market held up during Covid and what direction is trending towards; will it boom or will it bust?

Here’s what we covered:

• How has the Canberra property market held up during COVID?
• Why has there been a massive disparity in demand for housing and apartments?
• Why Canberra's property market continues to smash suburb price records during COVID
• How have developers shifted in offloading the oversupply of their new builds?
• Why the majority of Canberra property is Leasehold not freehold.
• The weird quirks and caveats of owning property in Canberra?
• What happens with the suburbs that border NSW and ACT?
• What makes a scarce property in Canberra?
• Where are the prestige, blue chip suburbs of Canberra?

This weeks Dumbo:

• Outbidding yourself in Canberra or choosing not to pursue properties because they are going to Auction

RELEVANT EPISODES:Episode 135 | Eliza Owen Episode 133 | Alice Stolz Suburb Trends, July 2020

GUEST LINKS:LinkedIn - Claire Corby Capitalbuyersagency.com.au

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

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

Send in your questions to: [email protected]

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July, 2020.

https://www.theelephantintheroom.com.au/podcasts/137

See omnystudio.com/listener for privacy information.

In the 2nd edition of the new monthly report with Kent Lardner of Suburb Trends, our hosts discuss around the current unemployment rate and what areas are most impacted? Which suburbs are the hottest and questioning if they will stay hot post COVID? And weighing in on why certain suburbs, areas and property types will survive the ‘property price falls’ the media keeps banging on about.

Here’s what we covered:

• Quarterly report on small area labour markets.
• What is the unemployment rate sitting at?
• How has COVID devastated statistically ‘younger areas’.
• Why does increasing unemployment in certain sectors not impact the whole economy?
• Why do hours worked data better represent unemployment?
• Which suburbs are hot and which are cold?
• Who is getting pushed out of the market and what suburbs are they going to now?
• What impact can the percentage of fully owned properties make?
• Will beach side properties stay at the top?
• How AirBNB properties in coastal suburbs, shifting to short and long term tenure have boomed.

RELEVANT EPISODES:Episode 123 | Martin North Suburb Trends July, 2020 Episode 135 | Eliza Owen

GUEST LINKS:Suburb Trends - Website

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

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

Send in your questions to: [email protected]

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded on 12 August, 2020.

https://www.theelephantintheroom.com.au/podcasts/st2

See omnystudio.com/listener for privacy information.

You have probably read, heard or participated in the debate that is as old as capitalism, which is the best asset to invest into, shares or property? In this episode we talk with Owen Raszkiewicz founder of Rask Australia, which provides a member only investment advice platform, ASX news and investment insights through articles, podcasts and education. We discuss which of the two assets are better to invest into, how people can start DIY trading and what you should be looking for in quality shares or property.

Here’s what we covered:

• Where do investors get it wrong with share investing?
• What books should people read to develop better investing habits?
• How to choose a good fund?
• What makes a great fund manager?
• How can we change how we look at money and investing?
• How to know which company is the best?
• What are millennials thinking when it comes to shares vs property?
• Why buying assets isn't about the price spent but long term growth?

This weeks Dumbo:

• Buying 2 studio apartments in Melbourne 

RELEVANT EPISODES:Episode 134 | Lisa Indge Episode 118 | Pete Wargent Episode 69 | Scott Phillips

GUEST LINKS:

• Free courses (four new courses coming before the end of the year)
• Podcasts (Investors podcast = more advanced; Finance podcast = beginners - both are good for intermediates) - shout out to Chris' episode with Owen
• https://education.rask.com.au
• https://au.linkedin.com/in/owen-raszkiewicz-4035a9b9
• https://twitter.com/OwenRask

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

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

Send in your questions to: [email protected]

EPISODE TRANSCRIPT:Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July, 2020. 

See omnystudio.com/listener for privacy information.

We can’t get enough of Corelogic's Head of Residential Research and author of Corelogic's recent Pain and Gain Report, Eliza Owen. The quarterly Pain and Gain report details how different properties, regions and cities are performing, including how many have made a profit or loss since the property last transacted. In this episode we understand and interpret the data in Eliza’s report including the possible implication of the trends and how it will correlate to different buyer demographics.

Here’s what we covered:

• How far did property listing fall?
• How did low interest rates and mortgage pauses slow the need for homeowners to sell?
• Has Covid benefited the property market?
• What is the correlation between the unemployment rate and the arrears rate?
• Which areas had the biggest bounce back in May/June?
• Why do new properties and units have the greatest share of loss made sales?
• How have regional properties performed during this period?
• Why are investors having the majority of loss made sales?
• How the ACT housing market has held up.
• Why buying property regionally to benefit off structural changes is a poor property decision.
• What areas have had the greatest profitability?
• How has tightening of mortgage lending led to less customers falling into arrears?

This weeks Dumbo:

• Purchasing and renovating a property through a SMSF

This weeks elephant riding bootcamp

• What is vendor discount pricing

RELEVANT EPISODES:Episode 81 | Eliza Owen Episode 115 | Eliza Owen Suburb Trends July 2020

GUEST LINKS:Corelogic: Pain and Gain March quarter

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

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

Send in your questions to: [email protected]

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July, 2020.

https://www.theelephantintheroom.com.au/podcasts/135

See omnystudio.com/listener for privacy information.

Welcoming back managing director of Let’s Rent, Lisa Indge, who we spoke with back in Episode 56 about the oversupply of the property market and tips for investors. In this episode Lisa highlights how the investor market has been adversely affected by COVID, and how the mainstream media has been trying to ring bells announcing the myth that the property market is on the verge of ‘collapse’.

Here’s what we covered:

• What types of investor stock was most affected by COVID?
• Why has the inner city property market had the greatest spike in vacancies?
• How the exodus of tenants on visas has opened up the rental market?
• Has the development of new builds added more stock to the current rental market?
• What is the current vacancy rate?
• The current legislation around rent relief.
• What can landlords do now to make their property more tenable?
• How renter preferences have adapted with the work f?

This weeks Dumbo:

• Buying property without a sink and other appropriate facilities

RELEVANT EPISODES:Episode 56 | Lisa Indge Episode 126 | Stuart Wemyss Episode 133 | Alice Stolz

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

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

Send in your questions to: [email protected]

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded on 3 June, 2020.

https://www.theelephantintheroom.com.au/podcasts/134

See omnystudio.com/listener for privacy information.

In this episode we go into a deep dive on Domain’s data around changing consumer search patterns with Alice Stolz. Alice is the Managing Editor at Domain and host of Domain's new podcast ‘Property Unpacked’. We discuss why there has been a significant search increase for 

‘home office/study, how the work from home movement has unlocked labor mobility and the current transaction rate and what it means.

Here’s what we covered:

• What are some of the biggest changes in search data?
• What areas are people searching for now?
• Has preference in terms of house facilities shifted?
• Which keyword has soared in search data?
• What makes a great suburb?
• Will those suburbs most liveable stay the most liveable in the future?
• Has there been a spike in transactions?
• Why has the Canberra market stood strong during Covid?
• What do clearance rates mean?

This weeks Dumbo:

• Why should always have an agreed 'final number'

RELEVANT EPISODES:Suburb Trends July, 2020. Episode 115 | Eliza Owen Episode 132 | Mark McCrindle

GUEST LINKS:Linkedin: https://www.linkedin.com/company/domain-com-au/ Facebook: https://www.facebook.com/domain.com.au

DOMAIN ARTICLES:The regional NSW suburbs where home searches surged during lockdown Snow region house searches surge as locked-down Victorians dream of a winter escape Interstate searches for property skyrocket during coronavirus lockdown, new data shows Interest from Chinese property investors has declined and is likely to remain subdued

HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

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

Send in your questions to: [email protected]

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in July, 2020.

https://www.theelephantintheroom.com.au/podcasts/133

See omnystudio.com/listener for privacy information.

Welcoming back social researcher and demographer, Mark McCrindle, Founder and Principal of McCrindle, a prominent research house that uses data and trends to create strategies for leading brands and businesses. In this episode our hosts pick the brains of Mark to understand the full extent of Covid-19 and its impact on society and how it has altered consumer behaviours on both micro and macro levels.

Here’s what we covered:

• The similarities between Covid-19 and the past economic crisis.
• What will potentially happen to the social fabric post Covid?
• Which generations will adopt new practices and who would be adverse to change?
• How will zero migration impact property prices?
• How long until migration goes back to normal rates?
• Will tourism in Australia bounce back? Will it be restored by domestic tourism?
• Will the lack in international tourism increase the need for a high-speed rail system?
• How will the work from home movement take over?
• Why is it in the first time in a century people per household has increase?

RELEVANT EPISODES:Episode 76 | Mark McCrindle Episode 130 | Glen James Suburb Trends July, 2020

GUEST LINKS:Sekisui House - Exploring the benefits of apartment living. CLARA - Is Australia ready for High Speed Rail? The Urban Living Index - Measuring liveability of Sydney suburbs

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

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

Send in your questions to: [email protected]

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…

This episode was recorded in July, 2020.

https://www.theelephantintheroom.com.au/podcasts/132

See omnystudio.com/listener for privacy information.