Australian Property Podcast

In this episode of The Australian Property Podcast, Pete Wargent of Allen Wargent Property Buyers is joined by Cameron Kusher, Australia’s leading housing market analyst, formerly of the REA Group and CoreLogic Australia.In this episode they discuss:- What has Cameron been up to lately? Change of roles pending. What’s next, ideally?- What a fortnight! What does all the Trump tariff turmoil mean for Australia? Quite a few possible scenarios, and it is hard to predict- Financial markets turmoil and what’s happening with interest rates- What’s happening with the Housing Accord target of 1.2 million homes. What are the latest stats telling us?- The challenges with construction costs and apartment prices – new apartment prices are up 33% over the year (Urbis). Doubled since 2019? More owner-occupiers buying.- What is the role of zoning in Australian property? What can it fix, and what won’t it fix?- Is Melbourne turning around? Anything positive in the stats?- Brisbane Olympics plans for 2032. Any impact on housing markets? Olympic village etc. Showgrounds, Centenary Pool stadium, Vic Park, tennis centre- What to watch out for over the next few years? Any X-factors?- Where you can contact Cameron if you want to get in touch?X of Twitter: @cmkusher Cameron’s substackhttps://cameronkusher.substack.com/Resources for this episodeUrbis - State of the Market - Apartment Reporthttps://urbis.com.au/insights-news/urbis-apartment-essentials-national-snapshot-2024-q4/Rask Resources Pete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices

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 – HUGE shifts in financial markets2 – Apartment prices soar for new builds (Urbis)3 – Changes to HELP debts treatmentResources for this episode RBA to launch emergency rate cuts (NAB) HELP on its way for borrowers Unit prices leap (Urbis) Rask ResourcesPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Property Podcast episode, Chris and Amy teach you how to win at auction. Basically, you just need to have an unlimited budget (just joking). Ultimately, the buyer with the most money often wins, but not always.They explore: The rules around auctions  Set rules (unlike private sales)  No cooling off (unless bought prior)  Reserve price Pass ins  Transparent  They don’t always go ‘crazy’  Quote ranges  Auctions are about price, terms are prior agreed   Auction tips Biggest tip: budget setting prior  Do all due diligence asap beforehand  Bidding with confidence  Don’t overthink strategy Being the first bidder   Bidding increments  Have a plan for a pass in situation  Buying prior to auction  Strategic: moving swiftly and taking others by surprise, property likely towards or over top of budget so nothing to lose (put you out of misery sooner!), if you have 2 properties and your preferred one goes to auction second etc  Can be tricky: risk to vendor/agent, cooling off Buy prior price versus sell at auction price Similar to private sale episode advice:  Understand buy prior price, sometimes space to negotiate Understand the process  Only go down this path if you’re serious  Rask ResourcesPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices

The ASX 200 (ASX: XJO) price is crashing down 6.5%. Commonwealth Bank of Australia (ASX:CBA) share price is down 7.7%. BHP Group Ltd (ASX: BHP) share price is down 8%. VIDEO VERSION: https://youtube.com/live/SBxxCavI2LoASX 200 investors, what should you do in a market crash?!If you're watching the ASX 200 sell-off in fear, rest assured - at 12 noon today (MEL/SYD time), Chief Investment Officer Owen Rask will break down his 5-part market crash investing checklist. ✨ Resources ✨Rask Invest portfolio: https://www.rask.com.au/rask-investJoin our community: https://community.rask.com.auGet financial advice: https://www.rask.com.au/adviceSpecial guest Claude Walker:https://arichlife.com.au/All information in this podcast is strictly general in nature. It is not personal financial advice as it does not take into account your needs, goals or objectives. So don’t act on it before speaking with your financial planner. Owen Raszkiewicz can be verified on asic.gov.au. He is the ultimate holder of AFSL 563907 and you can read Rask's Financial Services Guide at www.rask.com.au/fsg Investing can be risky and result in permanent capital loss.#investing #asx200 Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Property Podcast episode, your hosts Pete Wargent from Allen Wargent Property Buyers and Chris Bates from Alcove mortgage specialists talk you through all the latest property market news. Topics covered today:In this week’s episode, Chris and Pete cover:1 – Property investors guide to the election2 – Average wealth passes $1.5m per household3 – Population growth returns to capital citiesResources for this episode:1 – Investors guide to the election- ALP: Help to Buy scheme expanded, and Build to Rent- Coalition: Super for housing, fuel excise cut, and 25% cut to immigration- Lending assessment buffer would be cut to 2.5%- Also cuts to public sector jobs and size if Coalition wins- Not much new for supply measures – just relying on the cycle to pick up generally- Both sides of politics stimulating with demand-side measures- Historically, elections haven’t made that much difference (CoreLogic report)- Maybe unit prices rose a bit more when ALP won – unions and FHOG- Stock markets are under pressure – it seems this time around Trump is bullish for bonds, and bearish for stocks (opposite of 2016)? Which parties offer best policies for investors on pensions, super, housing this election Politicians light match under Aussie house prices 2 – Average wealth passes $1.5 per household- Average household wealth is $618,000 per person- Equates to $1.5m per household- Yes some disparity- Partly speaks to the success of the superannuation system- Aus aggregate wealth is huge at $17 trillion…HUGE- What comes next?Average wealth passes $1.5m per household3 – Population growth reverse to capital cities?- After pandemic 'race for space', cap cities now attractive bulk of population growth- ATH +520,900 in FY2023, Australia's cap city pop grew by +427,800 in FY2024.- Return to office is a driver, some COVID refugees returning to the city- Population growth across regional Australia was +113,800 or +1.3%- Biggest Melbourne (+142,600) & Sydney (+107,500)- Brisbane & Perth recorded extremely fast population growth of +2.7% & +3.1%- What next? Impacts for property? Capital city and regional market update Population growth blazes back to capital cities Rask Resources - these are included by defaultPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Australian Property Podcast, Amy and Chris delve into the complexities of private sales and how to make offers   Negotiation Dynamics: Expect ongoing back-and-forth negotiations, where buyers may present their highest and best offers. This can take place through Zoom meetings or in boardroom auctions rather than through public advertising. Conditional Offers: Conditional offers can complicate negotiations, resulting in a more chaotic process. Simpler offers tend to make for smoother transactions. Vendor's Decision-Making: A streamlined process allows the vendor to assess offers based on terms, not just price, leading to less transparency for buyers. The Two-Step Process Making an Acceptable Offer: The first step is to present an offer that meets the vendor’s expectations. Dealing with Competition: Buyers may need to navigate competing offers once an acceptable one is in place. Essential Questions to Ask Timeframes and Process: When is the property expected to be sold? Is there a set date? If another acceptable offer arises, how long will other buyers have to respond? What is the defined sale process? Will there be offer disclosures? How will negotiations unfold? How are varying terms handled among offers? What is the vendor's ideal settlement timeframe? Have there been any previous offers, and if so, what were their terms? What is the preferred method for submitting offers (contract, email, letter of offer)? Hot tips  Ask Questions: Ensure you understand the exact process by asking thorough questions. Recap Communication: It’s acceptable to follow up with an email or text to recap the discussed process, as this will influence your purchasing strategy. Challenges: The most significant hurdles arise when the seller is uncertain about their sales process. Tune in to learn more about navigating private sales and how to position yourself effectively in a competitive market!Rask ResourcesPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) https://www.amylunardi.com.auAll services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Property Podcast episode, your hosts Pete Wargent from Allen Wargent Property Buyers and Chris Bates from Alcove mortgage specialists discuss the Federal Budget, how COVID-19 impact property over the past 5 years, and also how the 2032 Olympics announcements will impact property markets in Brisbane and across Queensland. Topics covered today:1 – Help to Buy scheme expanded2 – How COVID impacted property in 7 charts3 – Brisbane announces Olympic venues for 2032Resources for this episode1 – Help to Buy Scheme expanded Changes in Help to Buy housing scheme will make most first home buyers eligible, Labor says Labor to make 'Help to Buy' housing scheme open to higher incomes and pricier properties Sharing home ownership with the government will be popular but hardly risk-free 2 – The impact of COVID on property in 7 chartsCharts show how Australia's housing market has changed since COVID3 – Brisbane Olympics venues announced Brisbane 2032 Olympic Games masterplan unveiled Brisbane rates to skyrocket after land values soar Brisbane 2032 can launch state's future if we work together 3 listener questions Your Binge Guide to the Foundations of Property, Finance and Money Management Episodes - The Property Couch Planning, personalised advice on superannuation Other news of interestBudget news Budget night delivers no major surprises Federal Budget 25 March 2025 with Westpac Chief Economist Luci Ellis Households to get $150 power bill rebate as Albanese extends relief Inflation keeps falling: lowest since 2020 Do elections really impact the property market? Rask ResourcesPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) https://www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices

Topics covered today:Navigating property inspections with Pete and AmyPurpose of this list is to not go into a property and check all 100 items, it’s a guide for you to determine what’s important/relevant for you-Inspections – private inspection or open home?Sometimes you only get one chance, and there may not a lot of time!-Take notes & videos (ask the agent)-Does it meet your brief? (if not - why are you there?)Property itself – building inspector does check a lot of things (dampness, roof, switchboard, appliances etc) understand this so you can focus on what’s important to you  What can and can’t you change? Location! Noise Natural light Size (yes and no) Aesthetics Storage Immediate vs future work Parking space/permit parking/traffic –can you fit in the car space? Is there a storage cage included? Make sure you get the right lot number! Renovations (speak to your legal representative) & new structures, sleepout, decking, carports, open plumbing applications. Are they all approved & signed off?For apartments: Car space on title/storage cage Courtyard on title Common area Overlooking OC fees/minutes etc (can do this before/after inspection)      The local area:Can do this before/after the open: Zoning & overlays Planning permits, major works Local amenity School zones Streetscape Transmission lines Social housing And what about the ‘vibes?’ Most importantly - DO YOU LIKE the property? And if not, why not? Resources for this episode Amy’s property inspection checklist Pete’s blog: How to solve the secretary problem Rask ResourcesPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Property Podcast episode, your hosts Pete Wargent from Allen Wargent Property Buyers and Chris Bates from Alcove mortgage specialists talk through Melbourne’s property market switching into gear, the first signs of FOMO in Sydney property this year, and 15% of Kiwis now living in Australia. Pete and Chris also tackle some more of your listener questions. Enjoy!Topics covered today:1 – Bargain hunters move in for Melbourne2 – Sydney market flirting with FOMO3 – Kiwis flee NZ in record numbers Resources for this episode Melbourne's Home Buyers Turn Bullish After Rate Cut​ Bargain Hunters Descend on Melbourne Property​ I/O Lending Headwind No Longer​ Recession-Burned Kiwis Flee to Australia Other news of interest CKC apartment supply report – Sydney hit 14 year lows for unit supply in 2024 Record high student arrivals in February at over 200,000 Who are Australia’s migrants (Simon Kuestenmacher) Housing supply falls further behind target Average household size increasing, but only gradually now IO loans picking up finally? What are you seeing, Chris? Rask ResourcesPete's Buyers Agency: https://www.allenwargent.com.auAlcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au All services: https://bit.ly/R-servicesFinancial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg#property #australia Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover the essential steps to confidently navigate the property market. Learn why thorough research and creating a detailed property brief are vital before making any offers. Explore the importance of professional advice and due diligence to avoid costly mistakes. Understand the negotiation process, including how to craft standout offers. Plus, gain insights on engaging with agents and effectively conducting inspections. Each step is designed to prepare you for successful property buying in Australia!