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

Steve Palise is a commercial property buyers agent, who started his career as an engineer but found his passion in commercial property. He has helped thousands of clients secure and purchase properties across every state and has achieved amazing outcomes whilst reducing their risk. In this episode Veronica and Steve discuss the intricate differences between commercial property and residential property; how it grows, why people invest into it and how it can add to your portfolio.Here’s what we covered:

• How does commercial property investment differ from residential
• What type of investor buys commercial property?
• What are the options to getting into commercial real estate?
• How do you minimise your risk with commercial property?
• What due diligence needs to be done when commercial property?
• How is commercial property valued?
• Is capital gains a big part of the value proposition of commercial property?
• How is interacting with the tenant different from residential property?

RELEVANT EPISODES:Episode 160 | Soren Trampedach Suburb Trends November 2020 | University Towns

GUEST LINKS:Buy Steve Palise’s book: https://www.paliseproperty.com/

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.auWork 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 February, 2020.

https://www.theelephantintheroom.com.au/podcasts/165

See omnystudio.com/listener for privacy information.

Marty Sadlier has over 19 years experience in the building and construction industry, he is the co-founder of MCG Quantity Surveyors which is recognised as Australia’s fastest growing quantity surveying firm; working with big names in business like McDonalds, CBA and Westpac. In this episode Marty breaks the news to Australians about the widespread building defects, the unbelievable underinsurance across Australia and what property investors should be doing to safeguard their biggest asset.

Here’s what we covered:

• How underinsured are Australians?
• How to work out how much you should insure your house for?
• Are online value calculators accurate?
• How does extra costs such as demolish get lost in property owners calculations?
• Can you insure depreciating buildings?
• What is the difference between a valuer and a quantity surveyor?
• Do apartment 5 year valuations increase their premiums?
• How many buildings have flammable cladding?
• Are things improving around building defects or is it getting worse?

RELEVANT EPISODES:Episode 138 | Simon Kuestenmacher Episode 121 | Bart Mead Episode 113 | Dr. Nicole Johnston

GUEST LINKS:https://www.mcgqs.com.au/elephant/ Fire Cladding Blog Common building defects Blog Final NSW Government Report into Building Standards and Quality Blog

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.auWork 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 February 2021.

See omnystudio.com/listener for privacy information.

The future is now? Speak to your house, have an AI butler and automate your life… maybe not now but when? In this episode we chat to Brett Savill, CEO of Quantify Technology, an ASX-listed technology business dedicated to simplify living environments with ‘smart housing’. Our hosts and Brett discuss the current state of smart houses, the future of housing across the globe and how technology companies like Quantify Technology play into this.

Here’s what we covered:

• Why has it taken so long for smart houses to get where it is now?
• Out of all of the products which are best suited for home automation?
• What should a homeowner expect to pay for a smart house?
• Does fitting a house with smart technology increase it’s value?
• What are the benefits of fitting a house with smart technology
• How do big international players like Google and Amazon fit in this picture?
• Cyber-security is a major issue, how will you data be used?
• How should homeowners think about data communication?
• Is it expensive to set up and install?

RELEVANT EPISODES:Episode 161 | Q&A Episode 156 | Sentiments on the decade ahead Episode 148 | Urban Design: What will future Australia look like?

GUEST LINKS:https://www.quantifytechnology.com/directors/brett-savill/ http://linkedin.com/in/brettsavill 

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 February 2021

https://www.theelephantintheroom.com.au/podcasts/163

See omnystudio.com/listener for privacy information.

Kent Lardner & the hosts took a look at the most popular searched suburbs from a year ago and discussed whether being popular then resulted in price increases.

The 10 most searched suburbs in Australia were in Sydney and Melbourne and they fit in two buckets, aspirational and affordable. Listen and find out which performed better. Here’s what we covered:

• Why is regional NSW looking strong for both units and houses?
• Why will the Sydney market always run hot?
• Where is the mass exodus of Melbournites heading to and what are they buying up?
• How does an outer edge suburb like Hornsby experience such rapid growth?
• Who were the owners that saved the Paddington and inner east terrace house?
• Who will miss out at auction in Melbourne and how are home buyers preparing themselves to purchase?

RELEVANT EPISODES:Episode 162 | Stuart Wemyss Suburb Trends December 2020 Suburb Trends November 2020

LINKS:www.suburbtrends.comAustralia's most popular suburbs revealed

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 February 2021

https://www.theelephantintheroom.com.au/podcasts/st7

See omnystudio.com/listener for privacy information.

Welcoming back Stuart Wemyss to chat shop on the importance of differentiating between types of property and how this comes into play when location, location, location matters most. Stuart Weymss is the director of Prosolutions and host of the Investopoly podcast. Stuart recently released a report Performance Review of Investment Grade Apartments which goes into lengths on the future of apartment ownership, comparatively to house and land ownership. 

Here’s what we covered:

• What is the long term impact of COVID on desire and affordability?
• Expats moving back to Australia, how might this impact the property market?
• Is land value restricted when sold next to prestige homes?
• What are viewed as investment grade locations in Sydney?
• Why did the Melbourne apartment market fail and what will it take to rise from the depths?
• Why do some apartments in certain areas outperform houses in certain areas?
• How has COVID interrupted the downsizer market?
• What will the next wave of property developments look like?

RELEVANT EPISODES:Episode 136 | Owen Raszkiewicz Episode 126 | Stuart WemyssEpisode 39 | Stuart Wemyss

GUEST LINKS:https://www.prosolution.com.au/report-investment-grade-apartments/ Buy Stuart’s book Rules of the lending game. And use code ‘elephant’ for a discount plus free postage. Buy Stuart’s book Investopoly Subscribe to Stuart’s blog

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 January 2021

See omnystudio.com/listener for privacy information.

In our firth Q&A host special, Veronica and Chris jump into your questions! What to look for in the land before you buy? Can you retire with just investment properties? Is buying and building your own home a good idea? How do you know if you’re buying the top end of a suburb? High strata cost, what are you paying for? Is there a new incentive to buy sustainable properties? 

Questions:

1. “Are there any things a buyer should look for in land besides location and size? If it slopes? Do all new properties decrease in value after build?”
2. “How does buying your own land and building vs house and land packages, and renovation of established?”
3. “Is there a viable option to retire without selling down or without killing the geese that lay the golden eggs? How does one do it before the age of 60 without super and just via property, and without selling down half or most of the properties to get there. I guess that's an episode I'd love to listen to?”
4. “One of the things I would like to hear your views upon is how do you evaluate / research when you are, say buying a market leader property in a suburb ?”
5. “I’ve noticed when I look in the lower north shore that a lot of properties have high strata, I’ve heard councils are starting to audit strata run buildings to confirm they are up to fire code etc?”
6. “Do sustainable properties receive a premium on the potential property value? ie: is there any analysis on buyers being willing to pay more for a sustainable product?”

RELEVANT EPISODES:Episode 127 | Q&A 3 Episode 99| Archi Blox Episode 98 | Q&A 2 

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: [email protected]

Looking for a Mortgage Broker? www.wealthful.com.auWork 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 January 2021.

See omnystudio.com/listener for privacy information.

Soren Trampedach is the founder, chairman and CEO of Work Club. Work Club is an established boutique solution to accommodate for modern day work space and place challenges. In recent times Work Club has shifted to providing consultancy on workplace optimisation to industry leaders such as Google, Deloitte and Facebook. With his remarkable insights and knowledge on efficient work spaces, Soren predicts what workplaces of the future will look like and how Covid has sped up what might be the inevitable.

Here’s what we covered:

• What will work look like in 12 months in comparison to the last 12 months?
• Will we end up going back to the old work routine?
• What is pro-working and will it grow?
• Will attitudes in Melbourne be exacerbated due to extended lockdown?
• What is happening across the globe in terms of work patterns and who can we learn from?
• How will developers shift what they make and sell?
• What are landlords thinking about their older buildings?
• Will co-working expand nationally? And what areas will need it the most?
• How WeWork rose and fell and what it means for the alternative working industry?

RELEVANT EPISODES:Episode 145 | Lucinda Hartley Suburb Trends August 2020 Episode 104 | Adam Hirst

GUEST LINKS:Facebook: https://www.facebook.com/workclubglobal/ Instagram: https://www.instagram.com/workclubglobal/ LinkedIn: https://www.linkedin.com/company/work-club-sydney

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.auWork 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 November, 2020.

https://www.theelephantintheroom.com.au/podcasts/160

See omnystudio.com/listener for privacy information.

‘Forecasters’ have been holding their breath for the property market to crash for years, it was only during Covid that it looked inevitable. They said it’d be at the peak of Covid cases, the tightening of restrictions and of course the ‘September cliff’, but here we are and the property market is holding strong and banks are even turning away potential customers due to being stretched thin from an influx of new pre-approvals. The question is: where is our long promised crash?

We can’t get enough of the superb Eliza Owen, welcoming her back for the fourth time! Eliza is Core Logic’s Head of Residential Research and author of various Core Logic reports and articles, most notably their Pain or Gain report. In this episode we look back in hindsight on the performance of last year, and why the property market has not crashed despite mainstream media and revered economists expecting it?Here’s what we covered:

• Why hasn’t the property market crashed?
• Where has listening been hit the hardest?
• How have Brisbane properties performed over the Covid period?
• Is the property market slowing down during the holiday period?
• How have capital cities performed differently from each other?
• What type of properties have been hit the hardest?
• What areas have already seen an uptick in new residents?
• Are we going to experience an undersupply of apartments in the near future?
• How does the loyalty tax work and is it unfair or just competitive?

RELEVANT EPISODES:Episode 157 | 2021 Forecast Episode 135 | Eliza Owen Episode 115 | Eliza Owen

GUEST LINKS:https://www.corelogic.com.au/news/why-didnt-australian-housing-market-crash www.homebuyeracademy.com.au/workshop

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 15 December, 2020.

https://www.theelephantintheroom.com.au/podcasts/159

See omnystudio.com/listener for privacy information.

The primary issue of 2020 is Covid, but what about questions surrounding China’s geopolitical expansion, Covid-19 vaccination, the changes to government stimulus and whether or not APRA will intervene to slow the property Market? Welcoming back Warren Hogan from episode 75. Warren is the former Chief Economist of ANZ and is currently the Industry Professor at UTS and Chief Economic Advisor of The Executive Connection. Warren has also appeared in the media on multiple occasions, to give his perspective and expertise on the global economy and how our small country of Australia feels it’s effects.Here’s what we covered:

• What will be the legacy of 2020?
• How has Australia relied on China to keep our economy afloat?
• What can Australia do to pivot our primary exports?
• How long will Australia keep its border closed?
• What can we do about net zero immigration?
• Is it inevitable that we will lock down again in 2021?
• Is Australia’s raw material export going to save the economy again like in the GFC?
• Are we going to see negative interest rates any time soon?
• Will APRA step in to slow down the property market?

RELEVANT EPISODES:Episode 150 | Meighan Wells Episode 117 | Shane Oliver Episode 75 | Warren Hogan

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.auWork 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 15 December, 2020.

https://www.theelephantintheroom.com.au/podcasts/158

See omnystudio.com/listener for privacy information.

No one could have expected the economy, let alone the property market, to be flipped on its head this year. New restrictions and cases were a daily occurrence with all industries having to pivot rapidly or succumb to the down turn. Seeing with 2020 vision, we look back in hindsight on the property market, and how it performed, changed and adapted to market conditions. Moreover, we look at how 2020 has laid the foundations for the years to come, with all time low interest rates, changes to stamp duty and most importantly what consumers are looking to buy.

Here’s what we covered:

• Will investors come back into the market?
• What allowed an uptick in consumers taking out mortgages?
• How Labour losing the election had a massive impact on the property market.
• What are banks trying to accomplish with high advertising budgets and refinance wars?
• Have the grants for new homeowners been beneficial or detrimental?
• What will the stamp duty changes look like and how will they impact the overall market?
• How has Covid altered what consumers are looking to buy and will this possibly translate to what developers build?
• Will the access to super be hugely beneficial or will it compromise individuals futures?
• Will there be a third wave of Covid with relaxing restrictions and the introduction of the vaccine?
• What will happen at the end of payment holidays and jobkeeper?

RELEVANT EPISODES:Episode 150 | Meighan Wells Episode 126 | Stuart Wemyss Episode 120 | Michael Yardney

COVID-19 EPISODES:Episode 112 | Pandemic Crisis (March 21st) Episode 115 | New Restrictions (March 31st) Episode 117 | Next Great Depression (April 7th) Episode 122 | Buying during pandemic (May 7th) Episode 132 | Societal impacts of Covid (July 13th)

Articles/Links:Good Deeds: THE EMBARRASSED BUYER SYNDROME Good Deeds: SYDNEY HOUSE PRICES HAVE STOPPED FALLING Good Deeds: IS IT A GOOD TIME TO BUY PROPERTY IN SYDNEY NOW? Home Buyer Academy - Free Course Suburb Trends

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.auWork 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 15 December, 2020.

https://www.theelephantintheroom.com.au/podcasts/157

See omnystudio.com/listener for privacy information.