Propertybuyer Podcast

Episode #76 Property Market Pulse, Predictions & Policies to fix the housing market.

Podcast Episode #76: Property Market Pulse, Predictions and Policies to Fix the Housing Market
 
Featuring: Louis Christopher - SQM RESEARCH
 
Intro:
Welcome to our next edition of the Propertybuyer Podcast.
The last interest rate rise was November 2023 when the RBA raised the cash rate to 4.35%. Recent inflation figures have been quite slow at coming down prompting lots of conjecture from economists about whether the RBA will raise one more time to kill off inflation.
Cost of living is really bitting into household budgets and economic growth is quite constrained. However, the housing market appears to be running at a different speed in various locations.
Today we are privileged to have Louis Christopher, Managing Director of SQM Research  to help take the current pulse of the property market and see which parts of the country and rising or falling and where it is heading in 2025.
Louis Christopher is one of the most accurate property forecasters I know, and he produces an annual Boom and Bust report providing excellent insights into the future of the property market across Australia.
Today we will discuss the real impact of interest rate rises on the property market, how to fix the housing crisis, predictions for 2025, listing volumes in the upcoming spring selling season and when the next property boom will come.
 
Thought of the Week
“Your time is limited, so don’t waste it living someone else’s life.” –Steve Jobs
 
Questions we will cover in this Podcast:
What has been the Impact of higher interest rates on property prices and consumer confidence over the past 12 months?
How long has it taken for interest rate rises to completely wash through the economy over this last rate rising cycle?
What’s you view on how international events like the Ukraine / Russia war, US Election, Israel /Gaza War – impact property market here?
How fast do you think the housing market will reignite once we start to see interest rate cuts?
What are the current figures for building approvals? Has this been improving or declining and why?
Is the Federal governments target of building 240,000 new homes per annum fanciful pipe dream?
What the key housing policies do you think will fix the housing crisis?
What impact will the massive immigration intake over the past two years have on the property market over the next three to five years?
Do you think the government will radically reduce immigration levels? Or keep them moderate to make sure there is sufficient economic growth and a skilled labour force?
What are your property predictions over the next 12 months?  What are the X-factors to look out for?
How accurate have been your property price forecasts in your boom and bust report over the past 12 months?
Listing volumes – what are the latest trends in each city?
Do you expect Spring to be an active market or a subdued market in terms of volumes?
Rental market-  what’s happening with rents in each city? Are rent rises toning down or will vacancy rates remain low for sometime yet?
Are you seeing any evidence of distressed selling ? What are the figures for delinquent mortgages ? How much variation in each state?
When do you think we will get the next big property boom? What will be the main drivers of demand and supply going forward?

Ep #75 Why Tax Depreciation Matters

Podcast Episode #75: Why Tax Depreciation Matters
With Tyron Hyde
Intro:
Welcome to our next edition of the Propertybuyer Podcast.
 
End of financial year coming
Death and tax are two certainties in life – you can’t avoid death but you can minimise your tax.
Today you're in for a treat with a tax depreciation expert Tyron Hyde CEO of Washington Brown.
 
Our Thought of the Week:
 
“ Life is what happens to you while you’re busy making other plans”. –John Lennon
Podcast with Tyron Hyde, CEO, Washington Brown
Topic: Why Property Tax Depreciation Matters
 
Questions we will cover in todays episode:
In really simple terms – please explain for our listeners - what is property tax depreciation? How does it work?
Why is it important to claim the right amount of tax depreciation? What is the consequence of NOT claiming it?
How do you work our various depreciation rates? Does the ATO have prescribed list of all dishwashers and ovens for example?
What items attract the highest rates of depreciation?
What has changed with depreciation deductions over the past 5 years?  
Is it likely the Government will continue to amend depreciation rates in the future?
Can you still claim depreciation on an older established property?
Can you estimate when renovations were undertaken? How do you do that?
We are now in the middle of the year and its Tax time – what are some common tax mistakes you see investors make with their claims?
Old vs new property investment…When considering buying an investment property – how much important should an investor place on depreciation? Is depreciation an important criteria, or a nice to have factor?
Tell me a bit more about your investment strategies and philosophies?  Are you an active property investor yourself?  What motivated you to get started with property investing?  
How do you go about deciding where to invest? Do you have specific location criteria?
What about deciding on a property type for investing. What is your property selection method or criteria?
Have your property investment strategies evolved over time? What do you look for?
What does it cost the average investor for a properly prepared tax depreciation report? Would you recommend a QS prepare a depreciation schedule or just having your accountant estimate the deductions?
How have you made such a great business out of a topic that people find quite boring?
Can you share the best piece of investment advice you’ve ever received?
 
 

Ep #74 Tax Effective Property Investment Strategies

Welcome to our next edition of the Propertybuyer Podcast.
 
Today's Topic is Tax Effective Property Investment Strategies
 
It’s that time of year again – almost the end of Financial Year, when everyone pays more attention to the amount of tax they are paying on their pay slips and the advertisers go mad promoting end of financial Year deals. It’s one of the two absolute certainties in life – death and taxes.
But while you have the rest of your life ahead of you - how you can you make smarter and more tax effective decisions about your tax situation?
Are there legitimate and legal ways to reduce your tax by using smart strategies or structures that could also better protect your assets?
If you are paying 45 cents in the dollar then effectively you are working for the government from Monday to Wednesday lunchtime.
 
To help our engaged listeners get a better insight into Tax Effective Property Investment Strategies – we are privileged to have Jay Gounder, Director, Agilis Chartered Accountants with us today
 
Thought of the Week :
 
“The only person you are destined to become is the person you decide to be.” Ralph Waldo Emerson
Topic:  What are the most Tax Effective Property Investment Strategies
 
Podcast with Jaynesh Gounder, Director, Agilis Chartered Accountants
Questions we will cover in today's Podcast:
Are you an active property investor yourself?  What motivated you to started with property investing?  
Do you have a particular style or strategy with property investing?
How has your strategies evolved over time?
What is the best structure to purchase a property in?  personal name, company, trust – how do you decide which name or entity to purchase in?
What are the implications of buying Investment property in the wrong entity?  (ie paying lots  more unnecessary tax)
High income earners like medical doctors, specialists, lawyers and finance professionals on high incomes typically use negative gearing as a strategy. What do you think about that strategy?
What are the advantages disadvantages of property investment using your self managed super fund?
Land tax varies considerably across each state.  How can investors minimise their land tax exposure?  How much of a consideration is this when selecting a location to invest?
Do you have any specific investment criteria you recommend when selecting a property strategy?
What criteria do you use for selecting a location to invest?
Tax deduction confusion around repairs vs Improvements? Many investors get this mixed up – please explain.
What are the rules around tax deduction for visiting an interstate investment property? Is this still claimable?
Timing the market – many investors are fence sitters when interest rates are high. They think that by waiting for the interest rates to decline that they are being smart. But given the severe shortage of property across Australia, and price growth occurring in most markets, wouldn’t it make more sense to buy now – cop the higher interest rates (which are tax deductible) and get in before the market price rises higher. Example – purchase price now is $900k paying 6% mortgage rate. If you wait 12 months – market price might rise to $1m – ie $100k capital gain!  Yet even if mortgage rates drop say 1% and you borrow the entire $900k against other equity – you are only saving $9000. But missing out on $100k growth!!
What are some tax tips you can share with savvy property investors at this time of year?
What were the biggest investment mistakes you see some property investors make?
If you had $1M in equity what would you do with it in today’s market?
What are some higher yield strategies you have seen smart investors use to get positive cashflow returns?
Can you share the best piece of investment advice you’ve ever received?
 

Episode #73 Granny Flats: Boost Your Yields & Faster Mortgage Repayments

In this edition of the Propertybuyer Podacst we take a deep dive into Granny Flats and how to boost your yields.
Podcast Description:
Welcome to the latest edition of the Propertybuyer Podcast! In this episode, we delve into the world of granny flats, exploring whether they truly are the game-changer for affordable housing and investment yields as they are often touted to be. We'll discuss the benefits, pitfalls, and the regulatory landscape of building granny flats in various Australian states, featuring insights from our expert guest, Wally Gebrael, Director and Design Manager at Granny Flat Solutions.
Episode Highlights:
Introduction: Understanding the hype around granny flats and their potential impact on the housing crisis and property investment yields.
Regulatory Overview: The differing regulations for building granny flats in NSW, QLD, and Victoria.
Expert Guest: Interview with Wally Gabriel, covering his background, the inspiration behind Granny Flat Solutions, and what sets his company apart.
Misconceptions and Benefits: Addressing common myths about granny flats and outlining the primary benefits for homeowners and investors.
Building Process: Detailed steps on how to add a granny flat to an existing property.
Considerations and Challenges: Factors to consider, regulatory challenges, and common pitfalls to avoid.
Value and Financing: Impact of granny flats on property value, resale potential, and financing options.
Trends and Innovations: Discussion on real estate trends, multi-generational living, and exciting design trends in granny flat construction.
Practical Advice: Tips for finding suitable properties, maximising rental income, and starting the journey of adding a granny flat.
Tune in to gain comprehensive insights into the world of granny flats and discover how they can be a valuable addition to your property portfolio. If you’re interested in exploring this further, Wally Gabriel and his team at Granny Flat Solutions are here to help you take the next steps.
Thought of the Week"I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel." – Maya Angelou
Join us as we discuss this inspiring quote and dive into the practicalities and potential of granny flats in today’s property market.

Episode #72 Unpacking the Northern Beaches with Incredible Agents

Episode #72 Unpacking the Northern Beaches with Incredible Agents
Special Guests: Mark and Lisa Novak – Novak Property.
In this Edition of the Propertybuyer Podcast join Rich Harvey as we dive into the vibrant world of Sydney's Northern Beaches. Once a hidden gem, now a sought-after paradise, we explore the buzzing market from Manly to Palm Beach and beyond.
Our special guests, the powerhouse duo Lisa and Mark Novak from Novak Property are here to share their insights. With top accolades for sales performance and a strong social media presence, they're experts in the field. Lisa, ranked among the Top 100 agents nationwide, even earned the title of Most Innovative Woman in Real Estate by REB.
Tune in as we uncover the latest trends, pinpoint undervalued suburbs, gauge buyer sentiment, and unlock insider tips to navigate the Northern Beaches market. Whether you're seeking a dream home or an investment opportunity, this episode has something for everyone. Don't miss out on the pulse of this dynamic real estate landscape!"
Questions we will cover in this episode,
How did you first get into real estate? Why do you like working in this industry?
What suburbs do you cover? How many agents team Novak?
What are the unique and defining features of the Northern Beaches property market? How do you sell it to buyers?
How are you finding buyer sentiment? What is holding the buyers back?
How does this compare with vendor expectations? Are vendors still nervous to list?
What is your outlook for the remainder of 2024?
What types of buyers are coming to the Northern Beaches (demographic)? Where are out of area buyers mostly coming from?
Tell me about pricing on the Northern beaches ….- What’s an entry level house going to cost? - What’s an entry level apartment going to cost? - What prices are being paid for mansions with beachfront views?

Episode #71 How to build a $7 Million Property Portfolio from scratch

Welcome to a special edition of the Propertybuyer Podcast, where we delve into the art of building a $7 million property portfolio from scratch. Many of us aspire to attain financial freedom through property investment, yet navigating the challenges of rising prices and stringent lending standards can seem daunting. In today's episode, we're privileged to be joined by Jeremy Iannuzzelli, Founding Partner of KHI Accounting Group, a seasoned investor who has achieved remarkable success in this realm. Jeremy generously shares his wealth of knowledge and experience, offering invaluable insights into effective investment strategies and tax-efficient structures. Get ready to unlock the secrets to building a substantial property portfolio and securing your financial future.
 
Our Hot Topic:  How to build a $7 Million Property Portfolio from scratch
Questions we will cover in this Podcast
How did you get started with property investment?  What were your motivations?
What were the biggest mistakes you made and what did you and learn from them?
What is your advice for someone just starting out or fairly early on with their investment journey?
What investment criteria would you recommend when selecting a property strategy?
How do you decide WHERE to invest?
What are the best TYPES of properties to invest in?
What’s the best investment you have ever made? What were the returns?
How did you manage to finance so many properties?  
A lot of investors get stuck on buying just one investment property - how can the average investor achieve multiple properties over time?
What are some of the best tricks you have learnt to get finance for property investing?
A lot of home owner have stacks of equity in their home but are afraid to use it. Should you pay off your home loan first before investing? (that was the old Paul Clithero advice)
If you had $1M in equity what would you do with it in today’s market?
How has your investment strategy evolved over time with greater investment knowledge?
As a smart accountant – what are some tax tips you can share with savvy property investors?
How many properties do you need to retire?
Is there an age where property investing stops making sense?
And finally – can you share the best piece of investment advice you’ve ever received?
For more information and to find other helpful resources head to propertybuyer.com.au
 
 

Episode #70 Why Invest In Melbourne

🎙️ Podcast Episode #70: Why Invest In Melbourne?
🏙️ Welcome to another insightful edition of the Propertybuyer Podcast! Today, we're diving into the bustling city of Melbourne, Australia's cultural capital and a hotspot for property investment. With its recent population surge and vibrant lifestyle, what lies ahead for Melbourne's real estate market? Joining us to explore this topic is Terry Ryder, Managing Director of Hotspotting.com.au. Let's delve into the wealth of knowledge and insights Terry has to offer!
🔍 IntroductionMelbourne has emerged as Australia's most populated capital, boasting a rich cultural scene and iconic events like the Australian Open and Formula 1 Grand Prix. But what does this mean for long-term investment potential? Terry Ryder sheds light on the latest opportunities and hotspots within this dynamic city.
🗣️ Thought of the WeekTo kick things off, Terry shares a quote from Mark Twain: "Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do, so throw off the bowlines, sail away from safe harbor, catch the trade winds in your sails. Explore, Dream, Discover." A mantra that resonates with the spirit of exploration and seizing opportunities, especially in the realm of property investment.
📋 Key Questions we will cover off in this edition1. Terry's journey in property commentary and his passion for the market.2. Describing Melbourne in a few adjectives.3. Current population statistics of Melbourne.4. Key trends shaping the property market: price growth, rental yields, buyer demographics.5. Performance variations across inner-city, middle-ring, and outer suburbs.6. Examining Melbourne's house price growth over the past decade.7. Addressing negativity surrounding the Melbourne market and its impact.8. The influence of increased property taxes on investor sentiment.9. Impact of land tax on the prestige property market.10. Identifying prime pockets for capital growth and their drivers.11. Overview of upcoming infrastructure projects and market implications.12. Emerging suburbs recommended for investment.13. Areas to avoid in Melbourne and reasons behind it.14. Long-term prospects for Melbourne compared to other capitals.15. Dispelling common myths and misconceptions about Melbourne's property market.
Tune in to this episode for a comprehensive insight into Melbourne's property landscape and discover why it's a city worth investing in! 🏡✨

Episode #69: Sydney’s Inner West – Hotspots and Outlook for 2024

Podcast Episode #69: Sydney’s Inner West – Hotspots and Outlook for 2024
Thomas McGlynn – CEO BresicWhitney
Welcome to our next edition of the Propertybuyer Podcast.
Sydney’s Inner-West property market offers a kaleidoscope of diverse suburbs, each with its own unique character and price points. The beauty of the Inner west is its close proximity to the city, it’s eclectic housing styles from 150 year old Balmain terraces, stunning waterfront homes in Drummoyne or Birchgrove and trendy apartments and townhouses from Newtown to Marrickville.
The style of properties is equally matched by the diversity of people of all cultural backgrounds calling the Inner West home. The abundance of fabulous eating places means you can eat your way around the world by visiting just a few suburbs!
It’s a part of Sydney that is highly sought after by property investors seeking to capitalise on consistently strong capital growth and solid rent returns.
In this episode, we'll dissect the Inner West's unique landscape, analysing the trends shaping its future. We'll address your burning questions: What's the outlook for 2024? Are vendors still hesitant? What about buyer sentiment? Which suburbs hold hidden gems? Is PropTech revolutionising the game? Buckle up for insights on pricing, demographics, negotiation strategies, and more!
To answer these and many more questions…Today I have Thomas McGlynn – CEO BresicWhitney
 
Thomas - we have a tradition in our Podcasts to start with a Thought of the Week :“Either you run the day, or the day runs you”. –Jim Rohn
 
What do you take from that quote?
 
Thomas McGlynn – CEO BresicWhitney
Topic: Sydney’s Inner West – Hotspots and Outlook for 2024
Questions we will unpack in this edition of the Podcast. 
What was your first job in the industry? How did you first get into real estate?
How many agents in the Bressic Whitney team? And what key areas and suburbs do you cover?
Looking back over 2023, how would describe the state of the property market?
What is your outlook for 2024? Are vendors still nervous to list?
What is holding the buyers back?
What trends are you seeing in Sydney’s Inner West market?
What property types are most in demand?
What types of buyers are coming into the Inner West? (demographic). Where are the buyers predominantly coming from?
Tell me about pricing in the Inner West…Where are prices going?
How do you estimate the value for vendors when signing up a new listing agreement?
What Inner West suburbs would you say are still relatively under-valued compared to surrounding areas at present?
What has been your experience in dealing with buyers agents? How does the interaction differ from the experience of the ordinary buyer?
How do you approach the negotiation process with a potential buyer? How should buyers approach sales agents – to get the best outcome?  
What are the top qualities that you look for when hiring sales agents to join your company ?
What is the most rewarding thing about being a sales agent?
Prop tech – and AI – What are you adopting in your business to keep up with technology
What has been your most memorable, interesting or intriguing sale?
What’s your best property tip you can share with our audience?
Feel free join in to our podcast by asking your questions live on the Propertybuyer website by clicking on the speak pipe button. 
www.propertybuyer.com.au/podcast
 
 
 

Episode #68 Decoding Sydney’s North Shore Market – Outlook and Opportunities.

🎙️ Podcast Episode #68: In this episode of the Propertybuyer Podcast, we delve into the highly sought-after market of Sydney’s Upper and Lower North Shore. Renowned for its picturesque streets, exclusive schools, and luxurious residences, this area presents unique challenges and opportunities for buyers and sellers alike.
Joining us today is Matthew Bourn, Managing Director of McConnell Bourn, to provide invaluable insights into the North Shore market. From trends and demographics to pricing and negotiation strategies, Matthew shares his expertise to help listeners navigate this competitive landscape.
🌟 Special Guest: Matthew Bourn, Managing Director McConnell Bourn
🔍 Podcast Topic: Decoding Sydney’s North Shore Market – Outlook and Opportunities
Key Discussion Points:
Introduction to Real Estate: Matthew shares his journey into real estate and reflects on his first job in the industry.
Coverage Areas: Exploring the suburbs covered by McConnell Bourn and the size of their dedicated team.
Defining Features of the Market: What makes the Upper and Lower North Shore property market unique?
Market Overview (2023): Matthew provides insights into the state of the property market in the previous year.
Outlook for 2024: Predictions for the upcoming year and potential factors influencing vendors' decisions to list.
Buyer Trends and Challenges: What trends are emerging, and what factors are hindering buyers in the North Shore market?
Demand and Property Types: Matthew discusses the types of properties most in demand and their respective price ranges.
Buyer Demographics: Insights into the types and origins of buyers entering the North Shore market.
Pricing and Value Estimation: Understanding pricing dynamics and how value is estimated for vendors.
Under-Valued Suburbs: Identifying suburbs that may be undervalued compared to surrounding areas.
Dealing with Buyers Agents: Matthew shares his experiences and interactions with buyers agents.
Negotiation Strategies: Tips for buyers approaching sales agents to achieve the best outcomes.
Rewards of Sales Agent: The most rewarding aspects of being a sales agent in the North Shore market.
Prop Tech and AI: Adoption of technology in real estate and its impact on business operations.
Memorable Sales Experiences: Matthew recounts memorable sales experiences from his career.
Best Property Tip: Matthew shares his best property tip for listeners looking to navigate the North Shore market successfully.
Tune in to gain invaluable insights and strategies for navigating Sydney’s prestigious North Shore property market. Don't miss out on expert advice from Matthew Bourn, exclusively on the Propertybuyer Podcast!
Stay tuned for more episodes packed with industry insights, expert interviews, and actionable tips for property buyers and sellers. 🏡✨

Episode #67 Home Buying in the Eastern Suburbs – A personal journey with Munro Donen

Welcome to our next edition of the Propertybuyer Podcast! Today, we embark on an enlightening journey into the world of home buying, particularly in the coveted Eastern suburbs. Ever wondered how a seasoned buyers' agent approaches the daunting task of purchasing their own home? Join us as we unravel the strategies and tricks employed to navigate the competitive Eastern Suburbs market, all while sidestepping the emotional roller-coaster that often accompanies such endeavors.
And who better to guide us through this journey than one of our own Directors, Munro Donen, Buyers Advocate and Principal of Propertybuyer East. Munro recently secured his own piece of paradise in Sydney's East, and today, he generously shares his insights, market outlook, negotiation tactics, and invaluable tips for aspiring buyers.
Thought of the Week:
Before we dive into Munro's personal journey, let's kick things off with our traditional Thought of the Week. Zig Ziglar once said, “People often say that motivation doesn’t last. Well, neither does bathing. That’s why we recommend it daily.” Munro, what are your thoughts on this quote and how do you apply it to your life?
Podcast Topic – Home Buying in the Eastern Suburbs – A Personal Journey
1. Munro's Background:
Munro, let's start at the beginning. How did you first get interested in real estate, and what was your initial foray into the industry?
2. Choosing the Path of a Buyers Agent:
What led you to become a Buyers Agent? Was there a particular moment or realization that shaped this decision?
3. Coverage Areas:
Munro, could you share with our listeners which parts of the East you cover in your role as a Buyers Advocate?
4. The Satisfying Parts of the Role:
What, in your opinion, is the most satisfying aspect of being a Buyers Advocate and Principal?
5. Market Conditions - Past Year:
The Eastern Suburbs is renowned for its competitiveness. How would you describe the market conditions in Sydney's East over the past year?
6. Outlook for 2024:
Looking ahead, what is your outlook for the Eastern Suburbs property market in 2024?
7. Munro's Personal Home Purchase:
Now, let's delve into your personal story. What was your budget, and what were you looking for in your own home?
8. Motivation for Moving:
What motivated your decision to move, and were there specific features or aspects you were keen on in your new property?
9. Finding the Right Property:
How did you go about finding the perfect property for yourself?
10. Emotions in Check: - Buying a home can be emotionally charged. Did you find it to be a roller-coaster of emotions, or were you able to keep your feelings in check?
11. Avoiding Over-Payment: - How did you ensure you didn't over-pay for the chosen property once you found the right one?
12. Negotiation Strategy: - Did you employ a specific negotiation strategy, and if so, what was it?
13. Lessons Learned: - Reflecting on the experience, what valuable lessons did you learn from the entire home-buying process?
14. Starting the Search Process: - For aspiring buyers in the Eastern suburbs, how would you recommend they begin the search process?
15. Common Buyer Mistakes: - What are some common mistakes you've observed buyers making in the property market?
16. Advantage of Buyers Agent in the East: - Munro, in your opinion, what would be the advantage of using a Buyers Agent when purchasing property in the Eastern suburbs?
17. Best Investment Advice: - And finally, could you share with us the best piece of investment advice you've ever received?