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コンテンツは Cate Bakos, David Johnston and Mike Mortlock, Cate Bakos, David Johnston, and Mike Mortlock によって提供されます。エピソード、グラフィック、ポッドキャストの説明を含むすべてのポッドキャスト コンテンツは、Cate Bakos, David Johnston and Mike Mortlock, Cate Bakos, David Johnston, and Mike Mortlock またはそのポッドキャスト プラットフォーム パートナーによって直接アップロードされ、提供されます。誰かがあなたの著作物をあなたの許可なく使用していると思われる場合は、ここで概説されているプロセスに従うことができますhttps://ja.player.fm/legal。
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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コンテンツは Cate Bakos, David Johnston and Mike Mortlock, Cate Bakos, David Johnston, and Mike Mortlock によって提供されます。エピソード、グラフィック、ポッドキャストの説明を含むすべてのポッドキャスト コンテンツは、Cate Bakos, David Johnston and Mike Mortlock, Cate Bakos, David Johnston, and Mike Mortlock またはそのポッドキャスト プラットフォーム パートナーによって直接アップロードされ、提供されます。誰かがあなたの著作物をあなたの許可なく使用していると思われる場合は、ここで概説されているプロセスに従うことができますhttps://ja.player.fm/legal。
Formerly The Property Planner, Buyer and Professor, our show rebranded in 2023 to The Property Trio.
Residential property is the only asset class we live in, it is where we raise our families, and it is our most expensive investment, yet property advice remains unregulated. Our objective is to educate time-poor professionals through deep insights from our experts who have provided thousands of Australians with personalised advice and education spanning two decades. In a climate where we are overloaded with information and one size fits all recommendations from the media, well-meaning friends and family and so-called advisers, we will distill the raw truth from the ill-informed.
So join the Property Planner, David Johnston, The Property Buyer, Cate Bakos and the Quantity Surveyor, Mike Mortlock as they take you on a journey of discovery through the maze of property, mortgage, and money decisions to empower you to create your ideal lifestyle!
…
continue reading
Residential property is the only asset class we live in, it is where we raise our families, and it is our most expensive investment, yet property advice remains unregulated. Our objective is to educate time-poor professionals through deep insights from our experts who have provided thousands of Australians with personalised advice and education spanning two decades. In a climate where we are overloaded with information and one size fits all recommendations from the media, well-meaning friends and family and so-called advisers, we will distill the raw truth from the ill-informed.
So join the Property Planner, David Johnston, The Property Buyer, Cate Bakos and the Quantity Surveyor, Mike Mortlock as they take you on a journey of discovery through the maze of property, mortgage, and money decisions to empower you to create your ideal lifestyle!
300 つのエピソード
すべての項目を再生済み/未再生としてマークする
Manage series 2905854
コンテンツは Cate Bakos, David Johnston and Mike Mortlock, Cate Bakos, David Johnston, and Mike Mortlock によって提供されます。エピソード、グラフィック、ポッドキャストの説明を含むすべてのポッドキャスト コンテンツは、Cate Bakos, David Johnston and Mike Mortlock, Cate Bakos, David Johnston, and Mike Mortlock またはそのポッドキャスト プラットフォーム パートナーによって直接アップロードされ、提供されます。誰かがあなたの著作物をあなたの許可なく使用していると思われる場合は、ここで概説されているプロセスに従うことができますhttps://ja.player.fm/legal。
Formerly The Property Planner, Buyer and Professor, our show rebranded in 2023 to The Property Trio.
Residential property is the only asset class we live in, it is where we raise our families, and it is our most expensive investment, yet property advice remains unregulated. Our objective is to educate time-poor professionals through deep insights from our experts who have provided thousands of Australians with personalised advice and education spanning two decades. In a climate where we are overloaded with information and one size fits all recommendations from the media, well-meaning friends and family and so-called advisers, we will distill the raw truth from the ill-informed.
So join the Property Planner, David Johnston, The Property Buyer, Cate Bakos and the Quantity Surveyor, Mike Mortlock as they take you on a journey of discovery through the maze of property, mortgage, and money decisions to empower you to create your ideal lifestyle!
…
continue reading
Residential property is the only asset class we live in, it is where we raise our families, and it is our most expensive investment, yet property advice remains unregulated. Our objective is to educate time-poor professionals through deep insights from our experts who have provided thousands of Australians with personalised advice and education spanning two decades. In a climate where we are overloaded with information and one size fits all recommendations from the media, well-meaning friends and family and so-called advisers, we will distill the raw truth from the ill-informed.
So join the Property Planner, David Johnston, The Property Buyer, Cate Bakos and the Quantity Surveyor, Mike Mortlock as they take you on a journey of discovery through the maze of property, mortgage, and money decisions to empower you to create your ideal lifestyle!
300 つのエピソード
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The Property Trio (formerly The Property Planner, Buyer and Professor)

1 #298: Is Melbourne’s Property Market About to Turn? A Data-Driven Look at What’s Next 53:59
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気に入った53:59
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM Cate hosts today's show and she opens the conversation with the most recent interest rate cut. What could it mean for the property market? And will we see consecutive cuts in the short-term? Dave shares his perspective on Melbourne's anaemic property performance and he contrasts this miserable growth against some of the other capital cities. Looking at 10 years of data shows the following: Melbourne, in contrast to other cities, experienced most of its growth pre-2020, with very little price appreciation in recent years. Perth, Brisbane and Adelaide have seen the vast majority of their price appreciation occur from 2020 onwards. Adelaide and Brisbane have been the major out-performers over the past decade. Sydney saw strong growth pre-2020 and has since experienced more moderate gains since. Key indicators for Melbourne being at a turning point are interesting, and Mike chats about rental yields, and relative affordability, but what do the Trio think about the adoption of the mean reversion theory? Cate shares her thoughts about Melbourne's strengthening yield and in particular, the reason for the decay of rental stock over recent years. There is no doubt about it, rental yields play an important role in investor decision-making. Home Buyer sentiment is another important key indicator, and this has jumped recently in Victoria. This has been in stark contrast to Perth, Brisbane and Adelaide where it has fallen significantly. The Westpac Melbourne Institute Consumer Sentiment Survey “time to buy a dwelling” index nationally reached 89.9 in January, its highest level in nearly three years. Sentiment counts for a lot, but as Mike points out, "Sentiment is a tricky thing". Can large waves of buyer's agents skew a market? Can an artificial environment drive price movement when a disproportionate number of buyers agents all compete? Cate talks about the scenarios where this may be the case, but she feels that owner-occupiers are more likely to move markets. Fear of missing out is a genuine concern for many prospective upgraders and first homebuyers. How have Melbourne’s median property values changed over the past few years, and what does this tell us about where the market is headed? Dave leads our listeners through some great contrasts between capital cities. Intrastate migration has played a role too. Mike touches on dwelling value to income ratios and the Trio consider the pull of affordability and job opportunity in other cities, both regional and capital. Is now a good time for investors and homebuyers to consider Melbourne? Tune in to find out! .... and our gold nuggets! Mike's gold nugget: In a sea of positive data points, the sentiment remains the interesting one to follow. Mike feels this will become a more robust indicator of price growth. Dave's gold nugget: Dave maintains that 2026 is going to be the year for Melbourne! But he reminds listeners that they should make the right decisions based on what is right for their own personal economy. Cate's gold nugget: League ladders change all the time. There is no fixed order for performance of cities and history has shown us how this has alternated over the years. Show notes: https://www.propertytrio.com.au/2025/02/24/is-melbourne-about-to-turn/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #297: Market Update Jan 25 – Markets Brace for RBA Rate Decision, Is Perth’s Boom Over, Rental Pressures Ease & City Folk Flock to Regions 55:32
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気に入った55:32
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM This week, Mike hosts the monthly market update and kicks off with a segment about Darwin. But, as Cate states, data points don't make a trend line. Darwin's recent performance may be noteworthy, but historical data suggests that Darwin's median property price is still less than what it was a decade ago. And while talking data, Mike promises our listeners some exciting data on mean reversion, (specifically in relation to Melbourne).... stay tuned! The Trio unpack the January indices.... is Perth's growth slowing? Melbourne and Sydney's negative median price movement is evident in the data, but does this correlate to what is happening at the coal face. Cate discusses the month of January, and the challenges that January's data brings. This sunny month is not typically a high-activity month for property, but what is different about 2025? Speculation about interest rate cuts is potentially fuelling some markets, and the Trio are keeping a keen eye on Melbourne's possible change in sentiment. The combined regions outperformed the combined capitals both quarterly and annually. The Trio unpack some of the reasons why this has occurred of late, and why this may be an ongoing trend. Rental rates have certainly slowed, and as the rolling annual averages rolls through, it's evident that some cities are no longer applying rental increases currently. Adelaide seems to still be leading the chase, but there is no doubt that the heady days of post-COVID have eased in relation to rental increases. Cate ponders the newsfeed changes too. Daily news about housing affordability has subsided notably. Rental yields are climbing, but with interest rates sitting above 6%pa,, cashflow neutral still remains elusive. Are buyers still searching for positive cashflow property? The Trio talk about the viability of this, as well as the challenges. The Westpac consumer sentiment data illustrates what the Trio are experiencing at their individual coal faces. From House price expectations to Time to buy a dwelling, and in particular, Interest rate expectations, the metrics suggest there is a change in the air. Cate says, "The data shows that there is a renewed sense of hope that we'll have easing rates, and an expectation that this will correlate with rising house prices." Mike makes the point that Australians indulging in travel has played a strong part in our economic outlook too. ANZ Roy Morgan's consumer sentiment chart is a bonus for our listeners and we've popped it in our show notes. The impact of economic and environmental challenges is not lost on the Trio and the chart illustrates consumer sentiment reactions to challenges such as bushfires and various lockdowns. The conversation around tariffs and US politics is not one that can be avoided. How will our resource-rich property markets respond to some of the recent news from America? One of the burning discussions is about interest rates. Dave chats about some of the key considerations that the RBA apply when determining whether to move rates. Low unemployment, productivity, currency challenges and inflation are just some of the key items that are being watched. And the last conversation is about politics and policies... how could 2025's Federal election change things up in the property market? Cate closes the episode with a reference to the inflation figures, market expectations for a cut, and the implication of the cash rate decision this month. It's a cracking episode and we hope our listeners enjoy! Show notes: https://www.propertytrio.com.au/2025/02/17/ep-297-jan-2025-market-update/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #296: Nailing Your Investment Purchase – Cash Flow vs. Capital Growth & How to Pick the Right Location 36:39
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気に入った36:39
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM Cate hosts today's listener question episode and Matthew writes in with his question; "I'm currently seeking to purchase an investment property in Melbourne, with a max budget of $1.2 million (as advised by my mortgage broker). I'd appreciate your opinion on what you consider to be the optimal investment-grade asset." The Trio each chat about the price points that they see investors circling when selecting an investment property budget. Unsurprisingly, Cate and Dave's client budgets are broadly aligned, but Mike's Quantity Surveying clients have budgets that are closer to the median price that the ATO has reported. Why are Cate and Dave's clients spending (on average) more than a typical investor? Personal plans, including stepping stone investments, holiday houses and future homes come into discussion. It's some of these quirks to traditional investment models that differ from median prices. Can investors have it all? Growth, easy cashflow and future opportunities? Perhaps not, but Mike takes our listeners through the steps that investors go through when determining their strategy. Cate talks about the rewards that a capital growth asset can provide, particularly through a higher rate of rental growth, but she reiterates that this benefit is dependent on time. Matthew’s two options he’s come up with are as follows: Option 1: A single fronted two-bedroom cottage in the inner northern suburbs, such as Coburg, Preston, Pascoe Vale etc. Option 2: A three to four-bedroom freestanding home in the Bayside suburbs of Cheltenham, Chelsea etc. Cate describes the challenges that Matthew's brief will face, and she details some of the examples that Matthew has suggested. Finding renovated products is more costly in this climate due to builder shortages and materials cost increases. Aside from the price, Cate also points out that negative cashflow needs to be well-understood by an investor who is circling a house in the Melbourne market, (and several other markets also). "'Sanity checking' these cashflows is an essential first step", says Dave. Aligning the purchase with the retirement goals is the next step, and only then can investors start boiling down to specific locations and dwelling types. This approach will hold an investor in good stead, regardless of the city that they are targeting. Matthew has a desire not to buy into a strata asset. What are some of the reasons why investors like to avoid strata? And are all strata properties inferior assets when contrasted to houses? Tune in to find out.. The Trio each share their best tips for Matthew to get his next purchase started in the most optimal way. Shownotes: https://www.propertytrio.com.au/2025/02/10/investor-listener-question-february-2025/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #295: The Trio’s Top Predictions for 2025 - What’s in Store for the Property Market? 58:21
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気に入った58:21
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM It's another bumper episode, and we promise we won't keep clocking one hour eps. Following on from last week's retrospective on how the Trio went with their 2024 predictions, this time they each shared their 2025 predictions. What will the market do? - Cate thinks that 2025 will be a better market than 2024. Cate guesstimates 7.5% growth, nationally. Mike thinks a slight underperformance is on the cards when contrasting 2025 to 2024. Mike's national growth prediction is 4%, and Dave's prediction for national growth is closely aligned with Mike's, at 3%. Dave pitches 2026 the year of strong performance. Capital city top performers - The Trio aren't completely aligned with their top three picks. Cate kicks off with her predictions Adelaide, Perth and Melbourne, (in this order). Cate expands on her reasons and Adelaide's economic health, job growth and irresistible pull for visitors holds it in good stead for Cate. But why has Cate picked Melbourne at number three? Tune in to find out. Mike's selection is Perth, Brisbane and Adelaide. Dave is very optimistic about Perth's performance this year, but he shares some 2026 confidence in the Melbourne market. His runners up are Adelaide and Melbourne for 2025. Regional locations - The Trio have an array of regional locations, including Townsville, Toowoomba, Gold Coast and surrounds. While they are all aligned with their optimism about the QLD regions, NSW and Victoria get a special mention too. Cate comments about the relative affordability and appeal of regional Tasmanian cities too, but she ponders how WA regions will travel in 2025. Dave suggests that regional SA will be in the top three regional performers. Investor numbers - With rate cuts and higher rental yields, will investor numbers grow from the 2024 numbers? Mike concurs and thinks a 10% increase in investor lending will follow in 2025, while Dave goes into some good detail about specific states and investor numbers. Cate considers the potential affect of share market volatility, and the impact of increasing intergenerational wealth, too. Government intervention in property market - Cate is doubtful that Victoria will receive any further tightening of rental legislation, and Mike agrees. The spotlight could be on investors if they become too strong a force against first homebuyer numbers. What could happen if the coalition form government? And will APRA consider easing the 3% credit buffer in 2025? Tune in to hear their thoughts. Developers and building - What incentives will be offered to increase new builds and ease housing affordability? From Rent to Buy, to offering increased returns for new property, Dave has a few ideas. Cate predicts some more cost-effective, private, builders will free up and this could impact our current market segmentation. Cate, Mike and Dave estimate increased building starts for 2025 with some specific percentages each.... Interest rates - the Trio have a bit of fun with this. After last year's predictions, they decided to be much more specific with their predictions. From Rate Tracker data, to election timing and inflation figures, our three muskateers name the months, the retrospective rate movements and the total 2025 net interest rate movement. Rents/Vacancy rates - Which cities will relax back to historical norms, and which will stay tight? Or will the capital cities all move in sync? The Trio have varied predictions, ensuring they keep it entertaining for the listeners. Sales volumes - Considering consumer confidence, listing volumes, and vendor-commitment to selling is important when predicting sales volumes. Cate reflects on the year that was, and contrasts some of the situations that vendors will be facing in 2025. What makes vendors sit on their hands? Mike considers some of the challenges we may face. Dave holds greater hope for the back half of 2025, reminding us all that he is anticipating a brighter 2026. Risks which could impact the market - Cate kicks the discussion off with her concerns; Overseas migration reduction threatening economic prosperity, China and US trade sanctions, Higher oil prices, APRA intervention with investor activity, Stock market corrections, and Unemployment rising faster than forecasted. Mike forewarns us about insurance woes, and in particular in relation to natural disasters He also touches on global conflict and the severe impact conflict can have on the property market. Resource prices, Immigration and Construction undersupply are also on Mike's list. Dave tops up the list with the following: Waning productivity in our nation, Poor political decisions in relation to government debt, More taxes on investors and The breakdown of our relationship with China. Inflation - The Trio are all very exacting with their predicted figures. Who will get it right? Who will get it wrong? While it's been lots of fun, it's the conversations that they enjoyed and the thoughts they each generated that make this episode a special one. Show Notes: https://www.propertytrio.com.au/2025/02/03/our-2025-predictions/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #294: A Recap of the 2024 Year in Property – And Our 2024 Prediction Hits, Misses, Lessons and Surprises 1:04:10
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気に入った1:04:10
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM The Trio love this retrospective. Each year, they predict the following year and at year end, they review their predictions and rate each other's accuracy. Today's show is a lot of fun, and it's our longest podcast recording ever.... sorry folks. We will try to keep it under an hour going forward. Dave got the best score for our first question; "What will the market do?" "I think we'll see value growth of about 2% to 7% nationally next year." "I think the market will be weighed down by Melbourne and Sydney as they're starting to move into negative territory." "There'll be some good buying opportunities in Melbourne and Sydney for the first three to six months, but because they are about 50% of the overall Australian property market, I think they'll hold it back." "I think rental growth will outstrip value growth." ....solid marks for Dave on this one. The second question was more specific. The Trio had to nominate their capital city top performers. How did they rate? Cate's claim, "I'm going to go with Adelaide as the city that nails it". While she only picked the number two, her rationale was sound and she nominated the three top performers. None of the Trio picked the strong regional areas though. Their fourth question related to investor numbers. There was almost a thirty per cent increase in investor activity, yet none of the Trio picked this trend. What gave way to it? Tune in to hear their thoughts. How did governments intervene in the property market? From superannuation changes to tax changes, shared equity and build to rent, our Trio did score some points on this segment of their predictions. And Mike mentioned the chance of rent caps joining the conversation. What about developers and new builds? What did our crew get right with their predictions? Mike sheds light on liquidations and builder challenges. And.... the question that everyone wants to have answered. What will happen with interest rates? The Trio share what they based their opinions and projections on, and there are some great learnings for our listeners to glean. Kudos to Governor Bullock for explaining the Reserve Board's decisions each board meeting. And just for those who wondered what Mike's prediction was? "I think we might end up getting a cut in the August meeting." Dave and Cate are still paying out on Mike. Rents and Vacancy rates was the next discussion topic. The consensus is that Dave won this prediction. "Vacancy rates will stay at similar levels, unfortunately. We might see a slight uptick, but they're going to stay pretty similar around record lows." "Rental growth, I think, will outstrip capital growth." The Trio's predictions around sales volumes and listings were interesting. Cate sheds light on some of the challenges that buyer's agents face with agent's anecdotal claims. Risks that could impact the market was an intriguing segment. Dave's geopolitical views reinforced his willingness to go for the big ticket items, every time! From Trump to China and Russia, the Trio talk about some of the global challenges we face. Cate's concern about natural disasters and insurance costs scored her points on this segment. And Mike reminded our listeners of the following. "Political intervention is the number one risk to perverting the market." And lastly, how did the Trio feel inflation figures would wind up in 2024? From trimmed mean figures to post-COVID challenges, the Trio thrive with this discussion. Mike and Cate concede that Dave won this challenge. Show notes: https://www.propertytrio.com.au/2025/01/27/distilling-2024-predictions/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #293: Market Update Dec 24 – Listings Hit 5-Year Highs, Affordable Properties Surge, National Values Slip & Adelaide Faces Unique Challenges 47:37
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気に入った47:37
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM The Trio enjoy regrouping after a lovely summer break. This week, they canvas the December figures. The indices deliver mixed outcomes, and overall the national monthly movement registers a slight market decrease, but what can this be put down to? There are markets within markets, and the Trio break down some of the standout results. From regional cities, to Adelaide's incredible run, there are some noteworthy stats to digest. AND... maybe the Trio will construct an episode on Darwin for our listeners! Stay tuned.... Market segmentation counts for so much and the Trio point out the outperformance of the lowest quartile in six of the seven states and territories. What does this signal? And why would investors broadly target lower quartile properties? Cate shares her insights.... Rents... good news for renters but bad news for investors? Not really. While rents aren't in double digits any longer, rental growth is still mostly above CPI. Cate steps through some of the considerations that owners need to apply when considering rental increases. "But it's listings that i tend to get excited about because they filter through into our market dynamics." New listing volumes were decent last year. They were at or above the five year average. However, all listings were below the previous five year average, but the tightening was a reflection of stronger listing volumes in 2024. The Westpac consumer sentiment index is a powerful glimpse at times, and Jan 2025 reveals some interesting changes. Time to buy a dwelling, family finance, and annualised interest rate expectations... as the Westpac release suggests, "The consumer mood has soured for two months in a row and remains on the pessimistic side. However... consumers expect things to continue to improve from here." Lastly, the Trio wonder what predictive ability the ASX's rate tracker has when it comes to signalling specific dates for rate cuts.... only time will tell, but February is looking interesting! The portion of lending for investment housing is significantly above recent historical levels. Wealth effect? Comfort with no further rate increases? What has driven this? Dave points out some of the interesting indices across the varying data houses. Simple indexes can pick up some changes sooner, and Dave has some great insights for our listeners to consider. Show notes: https://www.propertytrio.com.au/2025/01/20/ep-293-dec-market-update/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #292: Property Trends to Watch in 2025 - What Every Investor and Homebuyer Needs to Know 45:45
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気に入った45:45
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM This week, Cate hosts the show and the Trio list three specific trends to watch in 2025. Dave opens up the discussion about the financial markets and contemplates the chances of a rate cut in February. He notes that the market have fully priced in a cut by the month of April. To date, the RBA's RateTracker is still showing a 73% expectation of a rate cut at the next RBA meeting. What will a rate cut do for owner occupier, investor and renovator sentiment? Cate considers the driving force upon buyers rushing in. Is it the cost of mortgage repayments, or sentiment itself? Market segmentation will be interesting once a rate cut filters through also... keep an eye on the upper quartile of the market. With government incentives, green upgrades, e-vehicles and a growing environmental consciousness, we can anticipate a significant shift. But are investors being put off by the price tag of some of these energy-efficiency upgrades? Mike talks about some of the positives for landlords who do embrace them, including depreciation benefits, while Cate covers the state and territory incentives currently on offer. We're seeing a shift in who's buying and renting properties. Dave steps through the generational changes over the decades with some great data. The superannuation laws that apply to individuals aged 55 and above are having an impact on the mobility of the housing market. Downsizing isn't the same as 'right-sizing'. Are some retirees spending the same amount of money on their smaller, retirement-age home? And what is impacting today's down-sizers and right-sizers that didn't impact the generation prior? Tune in to find out. The fourth segment is that of emerging hotspots. Dave shares some exciting hotspots for growth, along with the growth drivers that the Trio have identified for each. Infrastructure upgrades create jobs, and Mike circles in on some of the specific major projects on his list. The final segment relates to the role of technology in property investment. From AI to fractional investing, and blockchain, Mike has a bit of a list. The pace of change is hard to fathom and Dave notes that consumers will continue to embrace tools and get particularly hands on. “It’s an exciting time for tech-savvy investors, but a balanced approach is key. Use the tools, but don’t skip the groundwork.” Show Notes: https://www.propertytrio.com.au/2025/01/13/five-key-trends-for-2025/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #291: The Truth About Building Inspections - What They Reveal, What They Don’t and How to Ask the Right Questions 46:32
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気に入った46:32
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM This week, Dave hosts the show and the Trio chat all things Building Inspections. Cate starts out by clarifying the purpose of a building inspection. Contrary to popular opinion, building inspections aren't tickets to renegotiate a sale. Under certain circumstances, a renegotiation can occur, but the market conditions and competing buyer numbers will likely determine this. Building and pest inspections each require a distinct qualification, and Cate sheds light on the differences and methods of each, and the aspects of an inspector's findings that are conducive to pest infestation. Dave broaches the costs that can rack up when buyers are in the hunt for a property, particularly in the case of auction campaigns. The Trio chat about some of the ways that buyers can approach this issue. Cate also has some tips about 'on-sold' reports. Sometimes property negotiations can move very quickly, especially when an auction property receives a strong offer prior to auction day. Cate steps the listeners through the timeline that buyers need to be mindful of when arranging a building and pest inspection. Dave highlights the importance of managing a due diligence checklist. Should buyers get a building inspection before they negotiate a deal, or after? There are many different situations that buyers face, and sometimes it's not possible to avoid organising an inspection prior to securing a property. The Trio chat through some of the situations that buyers face, and how they need to navigate the building and pest inspection process. The Trio break down the building and pest inspection clause in the contract. From legal wording to the options that buyers have, this detail may be tiny, but it's very important. Cate shares some good questions for buyers to ask their building inspector when a fault or an issue is identified. What is the severity? What do I need to do to address the issues? How quickly should I do so? What is the risk if I don’t address immediately? Building and pest inspectors have their limitations and there are a number of things that the inspector won't check. Cate talks through some of these scenarios for our listeners and provides a real life example that she recently experienced. Lastly, the Trio chat about how buyers can source a great building inspector, and the secondary benefits of building inspections. ..... and our gold nuggets! Mike Mortlock’s gold nugget: Mike shares two gold nuggets.... the importance of impartiality when asking for a building inspector recommendation. Mike seconds Cate's firm recommendation to ensure that a discussion with the building inspector ensues. Relying on the report alone can lead to some panic for many, and obtaining clarity and context on the issues is valuable. Cate Bakos’s gold nugget: Some things can look worse than they are, and cracking isn't always a big deal. Other things that seem benign can be problematic. Building inspections are valuable. Show notes: https://www.propertytrio.com.au/2025/01/06/the-truth-about-building-inspections/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #290: Five Ways Property Buyers Fail to ‘Property’ Plan and How to Create Your Winning Plan 39:28
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気に入った39:28
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM This week, Dave has prepped a great episode for our listeners. Cate opens up the conversation with the first of the five mistakes that buyers make when they fail to plan. Failing to set clear short and long term goals can undermine an investor's outcome from day one. Dave provides some clear pointers for buyers to adopt as they encounter this critical first step. "Entering the property market without a plan or without goals is like running a marathon with a blindfold on. You’re bound to trip up and face setbacks." Mistake number two prompts some good discussion between the Trio. Jumping into the market without a strategy for the next purchase is unfortunately something the Trio hear about often from remorseful buyers. Making property purchase decisions that don't align with goals is more common than people would think. As Mike suggests, buyers need to consider so many facets of the property game; from managing risk, savings buffers, cashflows, tax positions, and of course, where the family home fits. Once you have aligned these aspects, you can then determine the - macro location such as the city or state that best suits that price range, your goals for the property itself for yield and growth, considerations such as minimising land tax, owning in different locations for diversification, factoring where different cities are sitting in the property cycle You can only take this macro view and planning approach to your next purchase strategy if you start with goals and a long-term plan. Mistake number three is allowing emotions to dictate decisions. There are many ways in which emotions can creep up on us. To name just a few, bias can grip, sometimes it's fatigue, and other times it could be fear of missing out. Dave shares some examples that he's seen people fall prey to over the years. "This often happens when we don’t have long-term goals to keep us focused and maintain perspective", says Dave. How can buyers balance their emotions and avoid mistakes? Mike's tips are simple and objective, but not easy to adopt without a clear plan. Mistake number four: Believing in the get rich quick myth. Dave sheds light on some of the short-term victories that seem enticing and he warns that buyers also need to assess the downside risk and be comfortable with it. Buyers need to be very wary of a range of spruikers too; some will promise double digit returns, while others could be masquerading as advisors while they sell off a stock list. "Short-term investments carry high risks, from unpredictable market conditions to expensive renovations to blow outs in costs for developments. It requires significant expertise and resources. Unless you are a successful developer, you generally need to adopt a “get rich slow” mindset." Lastly, mistake number five relates to accumulating properties without considering cashflow and savings buffers. Dave's experience with investors shines through when he lists a variety of scenarios he's witnessed over the years in relation to large property portfolios. While many investors get it right, there are plenty who don't. Our recent economic conditions have placed pressure on some multi-property investors and Dave has some good words of wisdom four those who place a value on a large portfolio. ..... and our gold nuggets! Dave Johnston's gold nugget: The key to property investment success is to view it as a series of informed strategic decisions that align to your short and long term goals. Mike Mortlock’s gold nugget: Mike relates an investor scenario to the recent Block series Cate Bakos’s gold nugget: Emotion counts for so much and Cate suggests that there is only one type of property that buyers should be emotional about. "You should be entirely emotional about buying your home. Make sure you buy a property that you love. But for your investments, you don't have to love them. You just have to be proud of them." Show notes: https://www.propertytrio.com.au/2024/12/30/five-ways-buyers-fail-to-plan/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #289: Shared Equity Strategies - Making the Most of Government Schemes and Property Planning Strategies as You Transition to Full Ownership 41:21
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気に入った41:21
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM A lovely listener writes in to us with some questions about the Victorian shared equity scheme. Shared equity opportunities aren't restricted to just Victoria though. This ep is relevant to any Australians who are considering a shared equity option with the government. How should Luke approach this? Should he pay it down with savings (or debt), sell and upgrade, or convert the home to an investment in time? Some background on our listener: Luke is 30 years old, high school teacher, on $120k annual salary, 1 baby, 2 dogs, 0 cats. (We like that dog to cat to child ratio!) His partner will return back to work in about 6 months on approximately $70k but this timeframe is up in the air to some degree subject to how life with the baby and parenting goes, but when she does go back, this will take their total income up to $190k. Luke bought his home in the Northern suburbs of Melbourne for $670k in 2021 with the Victorian Homebuyer Fund’s help, contributing 5% of the purchase price himself and with the Gov’t Fund covering another 25%. The home’s value has since increased to around $720,000 to $740,000, maybe more. Dave talks our listeners through the government's stake, and how the rules determine the equity split as the property appreciates. Luke can repay the government in various ways, but which way is the optimal? Tune in to find out. Luke needs to be aware of the calculations that govern the methodology for government payout. Mike lists some of the rules that the government have determined for equity buy-back. From bulk payment minimums to valuation steps, the rules are reasonably structured. Should Luke reduce the government's share gradually, versus saving up to repay the government later? Every situation is unique, but Dave shares some ideas for our listener to consider. One is a bit outside of the square, but it's a great discussion point. The Trio canvas the pro's, cons and realities of shared equity. Is a Lender's Mortgage Insurance premium something that a shared equity purchaser should consider? As Mike eludes to, it's really a question of timing, planning and goals. Cate challenges Mike.... those who consider shared equity schemes with the government need the help, and she points out the merits of such schemes. Luke has a few options to consider, but a few restrictions to bear in mind also. The Trio wish him the very best of luck with his property journey. ..... and our gold nuggets! Mike Mortlock’s gold nugget: Mike highlights the upside for those who have limited deposits. Dave Johnston's gold nugget: Aim to maximise your ownership as soon as possible! Full equity ownership is one benefit, but the options to renovate, improve, extend, invest are exciting too. Cate Bakos’s gold nugget: For those who can enter with a small deposit under the First Home Guarantee Scheme or Home Guarantee scheme.... they could also consider these options too. Show Notes: https://www.propertytrio.com.au/2024/12/23/shared-equity/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #288: Market Update Nov 24 – Perth, Brisbane & Adelaide Slow, Listings Surge in Perth & Adelaide, Rate Cut Predictions & Productivity Woes 43:15
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気に入った43:15
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM The Trio are back together in the studio! The Trio comment on some of the interesting indices for the state of the nation in the month of November. Cate marvels at regional performance outstripping capital city performance. The big tier, top three cities are showing weaker growth and Melbourne has continued to show modest price falls. Dave predicts that 2025 could be the story of Melbourne and Hobart. He shares his rationale... let's see how his prediction lands! Mike points to the stratified price figures and notes that the lowest quartiles are outperforming, all but for ACT and Dave touches on the per capita recession we are all currently in. Canberra's public servant population defies this trend. Rents are dipping, but they are all still in positive territory, as as Cate mentions, the rental growth is still outstripping CPI. "Any other precedent would say that these are huge numbers, but they've come off the boil a long way," says Mike. Rental increases now are normalised now though, and as Peter Koulizos has said before, rents had to play catch-up. Rental yields have decreased substantially for many regional cities, and Cate considers some of the challenges and changes that have impacted quite a few regional markets since COVID lockdowns. Sales and listing activity is a great insight into market supply. Cate doesn't expect listing figures to dramatically increase and she hints that pent up demand could show itself in early January in the larger markets. Could the start of 2025 be a bit different to recent past years? Tune in to find out. Contrasting the listing figures from October to November tells an interesting story too. Hobart's decrease in listings when contrasted against this time last year is significant. What is happening in Hobart? The Trio chat about the pressure on the RBA to control monetary policy, and they consider the key drivers and data points that our RBA are keeping a close watch on. From productivity to services inflation, unemployment to public sector job growth, (just to name a few) there are plenty of moving parts that remain a challenge. The quarterly GDP figures are out for the month of September and the strongest segment leading the charge is Agriculture, Forestry and Fishing at 6.5%. Lastly, the Trio share their thoughts on when the next rate movement could be! Show Notes: https://www.propertytrio.com.au/2024/12/16/ep-288-nov-market-update/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #287: How Government Interventions Are Shaping the Property Market – The Real Impact & Side Effects of Property Regulations 43:11
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気に入った43:11
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM Today, Cate and Mike tackle a broad array of government incentives, legislative changes and initiatives. Have they all worked? And what are some of the unintended consequences. "Lack of consultation is probably a root cause of some of these negative outcomes." The rollout of the recent Victorian rental minimum standards is one key example. As Cate points out, some of the broad brushstroke recommendations weren't all practical. The investor-led sales have also distorted the market somewhat, (for both sales and rentals) particularly when older style houses in need of renovation are concerned. From the Pink Batts scheme to cottage industries, the Duo cover off some of the negative news stories from the past. Mike dares to touch on land tax. Queensland's repealed land tax legislation is a great case in point, and Mike's company's data supported the fact that the policy was conceived. Over a 98 day period, a 17.8% drop of investment activity in this short period resulted. Data is so valuable. Pivoting from sales activity to purchaser activity, Mike and Cate consider stamp duty concessions. Thresholds are important to note, as concessional caps sometimes don't seem to make a lot of sense. Which states have got it right, and which states are missing the mark? How do concessions distort markets? Cate cites the Victorian COVID recovery stamp duty stimulus and she discusses the impact that it had on median sale prices and market segmentation. Tackling underquoting is an enormous problem for regulators. Legislation on quoting regimes across the states and territories varies greatly, but some measures that have been intended to solve the issue have amplified the issue even further and convoluted the process. And how has rent-bidding legislation impacted the industry? Tune in to find out... Lastly... what is the lasting legacy of the HomeBuilder grant? Did our government get it right? From trade shortages to untenable deadlines, there were plenty of challenges for homeowners to manage. Market distortion was a key problem, according to Cate. Mike quotes a 33% material input price hike during the COVID period. ..... and our gold nuggets! Mike Mortlock’s gold nugget: “If you move the needle somewhere, there is going to be a ripple somewhere else.” Cate Bakos’s gold nugget: Foreign investor surcharges rattled Melbourne's market a decade ago. Specific areas were impacted and local owners felt the brunt of this. Show notes: https://www.propertytrio.com.au/2024/12/09/government-intervention/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #286: Is Investing in Property Still Worth It? Navigating the Shifting Property Landscape 39:57
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気に入った39:57
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM Today, Cate and Mike dive headfirst into the findings from the Property Investment Professionals of Australia (PIPA) Sentiment Survey, taking the opportunity to unpack some pressing questions while Dave is away. A big thank you to all the investors who contributed to the survey—it’s their insights that shape episodes like this! Why are more investors selling properties in major cities like Brisbane, Melbourne, and Sydney? Cate and Mike explore the rising compliance costs, government policies, and economic pressures that are prompting these decisions. They also examine how this trend is reshaping the rental market, leaving renters with fewer options in an already tight landscape. Mike highlights a key survey finding: While investor sentiment has cooled, nearly 46% of respondents still believe it’s a good time to invest in property. He delves into why Australia’s long-term housing fundamentals—like leveraging, supply constraints, and resilient demand—continue to appeal to savvy investors. Cate reflects on the contrasting approaches states are taking to housing reform, with Victoria’s “hammer of Thor” policies driving investors away, while WA’s incentive-driven approach encourages positive change. Together, they share insights into what reforms are stressing investors most and how policies can better support both tenants and landlords. They also tackle the challenges of cash flow shortfalls caused by rising interest rates and costs. While some investors are forced to increase rents, others are reluctant, choosing to keep loyal tenants even if it impacts their bottom line. . .... and our gold nuggets! Mike Mortlock’s gold nugget : “Participating in surveys like PIPA’s isn’t just about sharing your story; it’s a chance to influence policy and create real change for investors.” Cate Bakos’s gold nugget: “This ecosystem thrives when both tenants and landlords feel supported—let’s aim for balance, not division.” Show notes : https://www.propertytrio.com.au/2024/12/02/is-investing-in-property-still-worth-it/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #285: First-Time Property Investors and Family Planning - A Smart Approach to Wealth-Building 40:32
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Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM Today the Trio roll up their sleeves and tackle first-time property investors and family planning. A special callout to our lovely listeners, "Sheree" and "Chloe" (not their real names), for prompting this insightful episode. Why do first-time investors often consider helping their children onto the property ladder? Cate and Mike discuss Sheree's situation, where family planning meets wealth-building. Cate highlights the unique challenges and strategies for investing with a long-term goal of aiding children, even when they're still in primary school. Cate dives into key considerations such as the structure of the investment, future financial implications and the need for expert advice. Whether it's about protecting the asset, tax-effective planning or ensuring the investment is a gift and not a burden, the duo unpacks what parents need to know before buying property for their kids. Mike emphasises the importance of planning for retirement first before taking steps to support children. They explore how defined benefit super funds like Sheree's provide a foundation of financial security and why this can influence property investment decisions. Chloe’s question focuses on planning her first property investment. She impresses the team with her detailed groundwork—budgeting, borrowing and cash flow planning. Cate underscores the importance of clarity around long-term goals: Is it about building a multi-property portfolio or securing a single growth asset? This distinction guides every next step. The team debates whether to go for national versus local expertise when selecting a property, with Cate advocating for local buyer's agents who deeply understand their markets. She also highlights the risks of analysis paralysis and the elusive "perfect property." Instead, they encourage focusing on sound fundamentals and a strategy aligned with future aspirations. . .... and our gold nuggets! Mike Mortlock's gold nugget: "The more work you do on your strategy, the fewer options—and more clarity—you'll have for making the right decision." Cate Bakos's gold nugget: "When you're helping your kids, always ask: Is it a gift or a burden?" Show notes: https://www.propertytrio.com.au/2024/11/25/first-time-property-investors-family-planning/…
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The Property Trio (formerly The Property Planner, Buyer and Professor)
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1 #284: Market Update Oct 24 – Sentiment Waxes & Wanes but for Which States? Melbourne Yields Make History! Mid-size Capitals Slow 44:47
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気に入った44:47
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM Cate kicks off this episode with Dave while Mike hikes around New Zealand. The Duo note some of the interesting indices for the state of the nation in the month of October. They marvel at Hobart's quick pivot and wonder what has driven the positive growth. The combined regions outperformed the combined capitals too, and despite the strong monthly performance in Perth, they note that growth has slowed of late. Dave and Cate delve into reluctant-seller psychology. After the high's of 2021 for the eastern states, and observing Perth's stellar run over the past couple of years, it's interesting to consider what behaviours are exhibited when locations experience downturns following a strong run. Dave notes that consumer sentiment data is suggesting many have a keen eye on Melbourne, and Cate shares some observations about the regional performance in Victoria. Segmenting the market into price quartiles tells quite a story. Cate and Dave use some examples in the market and they canvas the reasons why the various price points have performed so differently to each other. Rents remain steady, and aside from Hobart, the pace of growth has slowed. However, vacancy rates remain very tight and yields have strengthened. Dave points out that this combination of data is a leading indicator for value growth. Perth's downward trajectory over the past few months is quite obvious, but what could be driving Hobart's rent? Could it be an increase in short-stay dwellings? Has domestic travel to the Apple Isle increased? Or could it be related to the weather? The Duo mull it over... The correlation between capital growth and listing activity is one of the Trio's favourite discussion points each month. Although Dave makes an important point. "One of the issues with a five year average is that it doesn't factor in population growth." What's driving listing activity around the nation? Tune in to find out.... New listing activity has pivoted and Melbourne, Hobart and Canberra listing activity has dropped compared to this time, last year. On the flip-side, Perth and Darwin are exhibiting higher numbers of new listings. The consumer sentiment index shows a marked increase in the "Time to Buy a Dwelling) measure, and Dave breaks down the data by state. Victoria's measure is now over 100, a 31.5% increase, while Western Australia's measure dropped to 66. Dave points out the potential price signals in combination with listing activity. Investors are moving back in to the market at a higher rate and lending has remained steady accross the board. Victoria has underperformed on the investment lending front, unsurprisingly. NSW leads the chase with 44% of new loans secured in September. Monthly change of employed people jumped 44,000; a figure that eclipses what many would have expected. Our unemployment rate remains steady despite fears of job-losses as coined by the RBA. And... time for our gold nuggets... Cate Bakos's gold nugget: The new listing activity for 2024 campaigns is easing and there is only realistically another fortnight to run before campaigns finish and the market goes into hibernation over the Christmas period. For any buyers who wanted to purchase in 2024, now is the time! Get out there! David Johnston's gold nugget: Make your own decisions based on your own personal economy! Shownotes: https://www.propertytrio.com.au/2024/11/15/ep-284-oct-market-update/…
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