Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the news. Don't forget to send Chris and Pete your questions!
In this week’s episode, Chris and Pete cover:
1 – The property market outlook for 2024
2 – Apartment defects and the housing supply challenge
3 – Fixed rate cliff – passed without damage? Outlook for borrowers with Stage 3 tax cuts
Episode Resources
Story 1 – The property market outlook for 2024
Sydney unit prices to rise 23pc in 3 years, house prices to rise 16pc
https://www.afr.com/property/residential/sydney-house-prices-to-climb-16pc-in-three-years-20240119-p5eyn5
Housing starts plunge to decade lows
https://petewargent.blogspot.com/2024/01/housing-starts-plunge-to-decade-lows.html
Story 2 – New apartment defects and the housing supply challenge
A litany of building defects across NSW has shaken consumers but experts say new laws are turning things around
https://www.abc.net.au/news/2024-01-19/consumer-rights-defects-sydney-apartments-off-the-plan/103362884
Sydney complex of 900 new apartments at risk of collapse due to ‘serious damage’ – watchdog
https://www.theguardian.com/australia-news/2024/jan/17/sydney-apartment-buildings-macquarie-park-risk-of-collapse-lachlans-line-watchdog-says
Story 3 – Fixed rate cliff has passed?
Fixed rate cliff - passed with a whimper?
https://petewargent.blogspot.com/2024/01/fixed-rate-cliff-passed-with-whimper.html
https://petewargent.blogspot.com/2024/01/this-is-what-tax-cuts-mean-for-you.html
📚 Enjoyed this episode? You'll love Kate's book, Buying Happiness, which you can order on Amazon: https://bit.ly/kate-amazon
~~ Resources you'll love ~~
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Australian Property Podcast