Artwork

Player FM - Internet Radio Done Right
Checked 1d ago
Vor vier Jahren hinzugefügt
Inhalt bereitgestellt von Cate Bakos, David Johnston and Mike Mortlock, Cate Bakos, David Johnston, and Mike Mortlock. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Cate Bakos, David Johnston and Mike Mortlock, Cate Bakos, David Johnston, and Mike Mortlock oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.
Player FM - Podcast-App
Gehen Sie mit der App Player FM offline!
icon Daily Deals

The Property Trio

Teilen
 

Manage series 2905854
Inhalt bereitgestellt von Cate Bakos, David Johnston and Mike Mortlock, Cate Bakos, David Johnston, and Mike Mortlock. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Cate Bakos, David Johnston and Mike Mortlock, Cate Bakos, David Johnston, and Mike Mortlock oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.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

297 Episoden

Artwork

The Property Trio

updated

iconTeilen
 
Manage series 2905854
Inhalt bereitgestellt von Cate Bakos, David Johnston and Mike Mortlock, Cate Bakos, David Johnston, and Mike Mortlock. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Cate Bakos, David Johnston and Mike Mortlock, Cate Bakos, David Johnston, and Mike Mortlock oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.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

297 Episoden

Alle Folgen

×
 
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/…
 
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/…
 
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/…
 
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/…
 
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/…
 
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/…
 
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/…
 
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/…
 
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/…
 
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/…
 
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/…
 
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/…
 
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 regional investing. A special callout to our lovely listener, Ester for prompting this exciting episode. Why do investors choose to invest regionally? Cate shares some of the reasons she started investing in the regions. Cashflow is one key element, but diversification also counts.Cate sheds light on some of the considerations that investors need to apply when selecting one region over another. Distance, demographics, target tenants and the growth drivers are all important considerations. Lack of diverse employers is a threat to some of the smaller regional cities, but Townsville is not one of these. It's the 14th largest city in Australia and this glorious, sunny city has a lot on offer. The Trio delve into what makes Townsville special. Cate shares some of the common traps and downsides that investors need to be aware of when it comes to regional investing. Picking a cheapie and buying in the Bronx is a risk for those who don't do their homework. Careful selection of a good investment area is critical.Keeping trade services in mind is really important in the regions. Cate also sheds light on some of the difficulties associated with harnessing tradespeople in some of the regional cities.Let's talk about Townsville! There are some significant projects underway and the Trio list some of these. The strategic location and port access count for a lot also, and the Trio also chat about the economic and industrial drivers in the area. Townsville is made up of more than forty suburbs, and it's bigger than Darwin when it comes to population count. It's the largest urban centre in northern Queensland, and surprisingly, health is the number one employer in the city. Townsville's involvement in defence is significant and the Trio share some of the insights they've gathered. Job growth is the big item for discussion, though. The fundamentals sound very strong and sustainable. Tune in to find out more...... .. and our gold nuggets! Mike Mortlock's gold nugget: "Firstly, make sure Townsville, (or any other region) fits within your strategy. But... is the word already out about Townsville?" Cate Bakos's gold nugget: You really need to understand the growth drivers, the vulnerabilities of the area, the good streets, the tenant demands and the flavour of the region. Buy and hold, long term is a great fit for regional cities. Special mention to our industry friend, Simon Pressley from Propertyology, for his generosity with his research and information. Show notes: https://www.propertytrio.com.au/2024/11/11/regional_investing/…
 
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM Today's episode is all about depreciation; Mike's wheelhouse! Dave opens the conversation with a question for Mike, "How often should I update or review my depreciation schedule to maximise my tax benefits?" Reports last an owner as long as they hold the property. Mike delves into the role of the quantity surveyor when it comes to estimating construction costs. One of Cate's investing mistakes gets aired; after having completed a significant renovation on an investment property, Cate overlooked the chance to arrange a depreciation schedule at the onset. Mike unlocks the magnitude of unclaimed deductions in our nation. How easy is it to arrange a depreciation schedule, and what documentation is required? And how do self managed superannuation fund property assets differ when it comes to deprecation? Mike explains the challenges of high depreciation versus high capital growth. He is often asked the question by investors, and his Southbank high-rise, one bedroom apartment example illustrates the inverse relationship between the two measures. If a property is over forty years old, is there any point looking at arranging a depreciation report? Tune in to hear the answer! Mike explains the importance of physical inspections when a tax depreciation specialist is formulating the depreciation schedule, and he also sheds light on the circumstances that allow for a physical inspection not to be conducted. Mike's service station story is a warning to investors who engage professionals who cut corners. What is the difference between a repair you claim through your accountant and a depreciable item on your schedule? Mike shares the nuts and bolts for our listeners. ..... and our gold nuggets! Cate Bakos's gold nugget: Well-meaning advice from accountants to maximise tax deductions isn't always great property advice. If in doubt, get a second opinion. Mike Mortlock's gold nugget: Don't assume that it's not worth getting a depreciation schedule. Always check! Show Notes: https://www.propertytrio.com.au/2024/11/04/depreciation/…
 
Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXM Today's episode is all about loan to value ratio's (LVR). Mike throws Dave the first question; "In twenty words or less, what is LVR?" Cate delves into the reasons why LVR is so important when it comes to Mortgage Insurance. Managing risk is what lenders do, but once a buyer triggers mortgage insurance, dwelling types, quirks and risks count for a lot. Heightened scrutiny and having the final say on loan approval is something that a mortgage insurer often holds. Cate also explores those professionals who get exemptions when it comes to LVR and mortgage insurance waivers. Dave's examples bring this point to life; from postcode restrictions to zoning types to the property condition. Policies vary greatly among lenders and it can be quite complex. Cate also shares some of her experiences and insights in relation to tricky properties that sometimes pack a nasty lending surprise. Strategic mortgage brokers can assist with the associated challenges. Dave shares the history of LVR and Lenders Mortgage Insurance in Australia with the listeners... a step down memory lane for some, but a significant step for home ownership in Australia. Cate reminisces about the impact of smaller deposits and the burden of Lender's Mortgage Insurance. Is it a cost of doing business? Absolutely, but it's tough on first home buyers. Cate's support of the First Home Guarantee is strong, but she feels our Government need to offer more places to eligible applicants. And the 2% savings guarantee for eligible single parents is one policy she loves. LVR can be a great metric to track our prudential regulator’s level of concern. Macro-prudential policy intervention is evident when we look through the history books at high LVR loan origination. But what does the current five-year data show us? Tune in to find out. We talk a lot about macro-prudential regulation and how it affected credit, particularly for investors during the 2014 – 2019 period. APRA intervened, and before we knew it, lending became tough, despite reasonable interest rates. Credit was almost impossible for investors. Dave talks our listeners through the challenges of this period and the impact that our regulator had on the property market. LVR is a viable measure of health that a lot of investors and businesses use. Cate talks us through the concept of overall LVR, and how it can be reduced/optimised. Lastly, Cate and Dave touch on cross-securitisation... the good, the bad, the ugly. ..... and our gold nuggets! Cate Bakos's gold nugget: Buyers must manage risk when they are in high LVR territory when they are making unconditional offers. Dave Johnston's gold nugget: "LMI is the cost of doing business, as Peter Koulizos has told us." Dave talks about the benefit of being open minded to a higher LVR and LMI in order to get into the market earlier. Mike Mortlock's gold nugget: Mike talks about the potential cost of avoiding LMI, and he reminds listeners that these costs can be modelled. Show Notes: https://www.propertytrio.com.au/2024/10/28/mastering-accessing-equity/…
 
Loading …

Willkommen auf Player FM!

Player FM scannt gerade das Web nach Podcasts mit hoher Qualität, die du genießen kannst. Es ist die beste Podcast-App und funktioniert auf Android, iPhone und im Web. Melde dich an, um Abos geräteübergreifend zu synchronisieren.

 

icon Daily Deals
icon Daily Deals

Kurzanleitung

Hören Sie sich diese Show an, während Sie die Gegend erkunden
Abspielen