Mo Money #432 How to Buy Property Like a Pro in 2025 w. Kellie Landrey
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Jan 6, 2025 Kellie Landrey, a buyer's agent and founder of Scoutable, offers valuable insights into the property market. She discusses current trends and predictions leading to 2025, emphasizing the importance of location and investment potential. Listeners learn about the contrasting markets in major Australian cities and discover strategic tips for navigating Sydney’s commuter-friendly suburbs. Kellie highlights how using a buyer's agent can streamline property purchases and enhance investment success, making this discussion a must-listen for aspiring property investors.
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Current Australian Property Market Overview
- Sydney and Melbourne property markets are slightly down.
- Brisbane, Adelaide, and Perth are up, while Hobart, Darwin, and Canberra are down.
Melbourne vs. Adelaide Market Dynamics
- Melbourne's market is struggling due to a new land tax on investment properties, causing investors to shift to Adelaide.
- Adelaide's market is booming because of the Melbourne investors, but this may not be sustainable in the long term.
Melbourne Investment Strategy
- Invest in Melbourne properties for the long term, considering land tax calculations.
- Focus on properties with limited supply, good fundamentals, and access to amenities.