Your Questions Answered (Q&A with Chris & Veronica)

We’re always delighted to receive questions from you, our awesome listeners, so today, we’re going to be answering some of them!

Do you need evidence for different growth rates within a suburb? Have you always wondered if apartments were better than houses? What about the so-called “lifestyle compounds” and resort style complexes? Are they investment grade?

Let’s dive in and talk about stratified medians, doing your due diligence properly, the need to find a really good mortgage broker and lots more!

If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!

See you in the episode!

 

Episode Highlights:

1. How do you find the right asset if capital growth trajectories vary for properties in the same area? [01:32]
1. Local, on-the-ground knowledge [04:34]
2. Stratified Medians [07:52]


2. Choosing an apartment block with retirement options, on a budget [09:02]
1. Knock-on effects of affordability to one, two, three-bedroom apartments [18:01]
2. What will drive apartment prices to the next level? [23:32]


3. Are “lifestyle compounds” worth the investment? [24:40]
1. Anything new ages fast [33:04]


4. What you need to know about upfront deposits and auctions [36:53]
1. Do your due diligence before anything else [38:29]
2. Explaining auctions in hot and slow markets [41:05]
3. Find a really good mortgage broker [45:09] 


5. Thoughts on subsidized social housing & landowners willing to lend their land [51:15]

 

Links from the Show:

• Get Auction Ready by Veronica Morgan (Use code ELEPHANT for 30% off)
• Home Buyer Academy’s FREE Courses
• Episode 191 - The Growing House Affordability Crisis | Michelle Adair
• Suburb Trends July 2021 | Best Metrics to Measure Growth?
• Episode 162 - Houses vs Apartments | Stuart Weymss

 

Connect with Us:

• Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
• Work with Veronica: https://linktr.ee/veronicamorgan
• Looking for a Mortgage Broker? www.wealthful.com.au
• Work with Chris: hello@wealthful.com.au 
• Send in your questions to: questions@theelephantintheroom.com.au 

 

Find this episode on our website:

https://www.theelephantintheroom.com.au/podcasts/196

 

If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!

See omnystudio.com/listener for privacy information.