Property Investment, Success & Money | The Michael Yardney Podcast

If you’re a property investor, the most common question you will likely ask is, "Where should I buy my next investment property?” In fact, who wouldn’t give their second garage to know which city will outperform over the next decade? Well, that’s the question I’m going to ask my guest today - independent financial adviser Stuart Wemyss, Director of Prosolution Private clients, who is going to give us an evidence-based approach, and looking at his track record, I think he’s worth listening to. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart’s Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: This city will deliver the strongest growth over the next decade, with Stuart Wemyss

Today I'd like to explain to you why our housing crisis is going to expose some of the flaws in the quick-fix solutions our major political parties are telling us is going to solve the housing crisis. I was writing a blog about this, and thought I've got to discuss it with you now. As a regular listener, you'd know I normally have guests on the show, but it's just me and you every now and then. And that's what this show is today, as I want to get out some thoughts about why our housing crisis will become a fierce political battle, and that could have major implications leading right up to the next election. Both parties the major parties have come up with some ideas and they just don't cut it. So, if you're interested in property, as an investor, or as a home buyer, I hope I'm going to give you some insights into what's ahead and what not to believe when the media tells you. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Shownotes plus more here: Why the Band-Aid Solutions from Politicians Won’t Solve Our Housing Woes

There are 106 suburbs across Australia that are cheaper today than they were five years ago, new analysis shows, despite house and unit prices doubling at the same time. That’s one of the reports from Domain that I’m going to chat about today with Dr. Nicola Powell, Domain’s Chief of Research and Economics, and we will also discuss Domain’s latest reports covering the latest developments in our housing and rental markets and much more As somebody interested in property, you're probably pleased that we’ve now had 16 months of continuous property, price, and rental growth, but can this continue? Is it sustainable? And what’s ahead for our housing markets? These are also some of the questions I’m going to be asking Nicola today. Whether you're a prospective homebuyer looking for valuable insights, a seasoned investor seeking to navigate the market confidently, or simply curious about the current state of Australian real estate, I’m sure you’ll get some great insights from my chat with Nicola. Links and Resources: Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Dr Nicola Powell, Domain’s Chief of Research and Economics Domain’s Rental report Domain’s Home Price Report Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: The 106 suburbs that are cheaper to buy in now than five years ago revealed, with Dr. Nicola Powell

Only a few months ago, there was talk about the hope of interest rates starting to fall by the middle of this year. Australia’s biggest bank in CBA suggested there could be six cuts in interest rates over the next two years. And then things changed, inflation remained more stubborn and the economy grew strongly and suddenly there was talk of potential interest rate rises. What’s ahead for interest rates and our property markets? There are clues in the news as to what’s ahead, which I will discuss in this month’s podcast with leading financial commentator Pete Wargent, who brings decades of perspective to his views. As always, we will discuss a raft of macro and micro economic factors that should give you clues as to what’s ahead for our housing markets. Links and Resources: Metropole’s Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Pete Wargent’s blog Pete Wargent’s new book: The Buy Right Approach to Property Investing: Mastering the Skills to Invest Wisely in Property Shownotes plus more here: What’s Happening in the Australian Property Markets? Big Picture Podcast with Pete Wargent

Would you like to learn the property investment secrets of Australia’s richest property investor? Well, today we’ll explore the powerful strategies that fueled Harry Triguboff's ascent to billionaire status, as we learn seven lessons from the $26 billion man who is regularly number one or number two on Australia’s wealthiest person list. My guest, Tyrone Hyde, director of Washington Brown, has saved Harry billions of dollars over the last 27 years so I’m keen to hear the lessons he’s learned working closely with this successful investor. I hope you’ll get some hints on becoming a more successful investor in today’s chat. Links and Resources: Michael Yardney Tyron Hyde – Washington Brown Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Shownotes plus more here: 7 Lessons from Australia’s $26Billion Man with Tyron Hyde

Over the past few years we've witnessed a whirlwind of changes, particularly in the mortgage market. Mortgage rates have skyrocketed, soaring from 2.9% in April 2022 to a staggering 6.4% today. And if that wasn't enough, the rental crisis has reached new heights, with vacancy rates plummeting to record lows nationwide, causing rents to skyrocket. In the face of these mounting pressures, purchasing an apartment has become a viable solution for some. However, this seemingly attractive option comes with its challenges with a severe shortage of apartments nationwide. It’s a topic at the forefront of discussions among investors, developers, and policymakers alike. To unpack this further, I'm joined by Richard Temlett, the National Executive Director of Research at property consultants and valuers Charter Keck Cramer. We'll explore the dynamics of the current apartment market, understand the factors driving the shortage, and dissect the trends in both the build-to-rent and build-to-sell sectors. Whether you are a property investor, apartment owner, or Real Estate enthusiast, I’m sure you will get some benefit out of our chat today. Links and Resources: Michael Yardney Richard Temlett - Charter Keck Kramer Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Shownotes plus more here: Crisis or Opportunity? Navigating Australia’s Apartment Drought with Richard Temlett

As we edge towards the end of the financial year, it's the time that you need to crunch some numbers to make sure you have all your tax obligations right, so today I am again joined by Rob Thompson, Assistant Commissioner of the ATO to dive into the world of taxation, specifically targeting tax time tips, the ins and outs of selling property, and the nuances of Capital Gains Tax. Rob's here to ensure you can navigate these turbulent tax waters confidently and avoid running afoul of the tax man. Whether you're looking to sell a property and want to understand the CGT implications, or you're prepping for tax time and seeking ways to optimise your claims, this discussion is tailored for you. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of eBooks and reports = www.PodcastBonus.com.au ATO Resources: ●        Tax time toolkit for investors: ato.gov.au/Investorstoolkit ●        Rental properties guide: ato.gov.au/rentalsguide ●        Rental video series: ato.gov.au/Rentalvideos ●        Property sale clearance certificates: ato.gov.au/clearancecertificate ●        Working from home: ato.gov.au/home ●        Car expenses: ato.gov.au/car Shownotes plus more here: Avoiding the Tax Trap: An In-Depth Discussion with Assistant Tax Commissioner Rob Thompson

Have you ever wondered why some locations that could be labelled as 'secondary’ outperform the established blue-chip suburbs? What drives this unexpected surge in property value, and more importantly, is this a trend that savvy investors should be paying attention to? Should you be looking for these suburbs, or should you stick to blue-chip locations? I’d like to know if this is a mere market fluctuation, or are we witnessing a fundamental shift in what defines a 'smart investment' in our property markets? That’s what I ask my guest today, leading independent financial advisor, Stuart Wemyss, director of Prosolution private client. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart’s Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: Why Some Secondary Suburbs Soar with Stuart Wemyss  

You've probably heard the whispers or read in the media that the taxman is on the hunt. The Australian Taxation Office is implementing some innovative strategies and forming new alliances to recoup billions of dollars of revenue deficit. This means Australian property investors should be on high alert and make sure they have completed all their obligations correctly. To discuss how to avoid getting trapped by the tax man today I'm joined today by Rob Thompson, Assistant Tax Commissioner at the ATO. We are going to discuss some things that will help you understand what your obligations are and how not to get yourself in trouble, particularly some aspects that relate to property investors. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of eBooks and reports = www.PodcastBonus.com.au ATO Resources: ●        Tax time toolkit for investors: ato.gov.au/Investorstoolkit ●        Rental properties guide: ato.gov.au/rentalsguide ●        Rental video series: ato.gov.au/Rentalvideos ●        Property sale clearance certificates: ato.gov.au/clearancecertificate ●        Working from home: ato.gov.au/home ●        Car expenses: ato.gov.au/car Shownotes plus more here: ATO expert reveals tax time hacks for property investors, with Assistant Tax Commissioner Rob Thompson  

What will life be like in 10 years? Strategic property investors think in 10-year time frames,  they don’t worry about what’s going to happen to interest rates or the economy in the next six weeks or the next six months. In my mind, 10 years is a short term and the successful investors I know ponder about what the housing markets will be like in 20 to 30 years. We are living through times of rapid change, but most of us don’t like change. It makes us feel uncomfortable. We like a level of certainty about our future, health, and jobs, as well as about the worlds of finance and property that most of us are interested in. But there are history lessons that can provide us with valuable insights. In today’s episode, I’d like to talk about some of the things that never change in a world that never stops changing. Successful investors and businesspeople need to be prepared for change but also understand the things that don’t change. Hopefully, by the end of today’s show, you’ll come out with some ideas about how to get some more certainty in these uncertain times. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Shownotes plus more here: Property success principles that stand still when everything else moves