Australian Property Podcast

Today we are talking about something every homeowner or homebuyer has probably wondered - how you value a property. Buyer's agents Pete Wargent and Amy Lunardi are experts in this area and help their clients value properties every day. They are going to break down some of the things you can do yourself to understand the market, and where your property may fit within it.On this episode of the Australian Property Podcast:These are the considerations that you should have in your mind when valuing a property1. Find out how much similar properties have sold for. ...where to find the data, how to rank properties by value2. Understand the current property market.3. Look at housing market predictions.4. Use online tools. ...5. Check the previous sale price of your property.6. Take your local area into account.Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

Every Sunday at 7 am the Australian Property Podcast crew dissects the latest news headlines to help you understand what the noise means for you and your property.Mortgage Broker Chris Bates and Buyer's Agent Pete Wargent are taking a deep dive on today's episode on interest rates from borrowing capacity to how long and how high we think interest rates will go, whether Australia will go into recession (and if so effect this will have on the property market) and what the tourism rebound will do for the economy and housing supply.On this episode of the Australian Property Podcast:Interest rates deep dive What might happen if we get further rate hikes and how long will rates stay high? What implications does this mean for your borrowing capacity, stock supply and unemployment? What are the best mortgage rates on the market? What are peoples' saving rates? How much of the interest rate increase are banks passing on? The recession debate Do we need a recession to bring down inflation? With New Zealand technically entering a recession what might happen in Australia? Consumer confidence is at near lockdown lows, however, housing expectations are still strong. Why is this? And what could change this? Tourism reboundWith tourism creeping back to highs, while Australians are slowing down their international travel, what might this mean for the housing supply and the Aussie economy?Australian Property Podcast resources: The Australian Macro Business Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

We are answering some of our Rask community’s questions! On this episode of The Australian Property Podcast Buyer’s Agent Amy Lunardi and Mortgage Broker Chris Bates are deep diving some of the most asked questions of our community. Amy and Chris are going to break down some of the most common concerns, considerations and mistakes that people can make when it comes to finding and working with the right mortgage broker, understanding how loans work and what is right for you a well as how offset accounts can work.On this episode of The Australian Property Podcast:  Red flags when speaking to a mortgage broker What kind of service you should expect from a broker and any property professional The etiquette and process if you want to change brokers The risks of shopping around for multiple pre-approvals What are the questions you should be asking a property professional? Things to be aware of if you’re wanting to apply for a loan and have self employed income, or casual income How an offset account works and the differences between an offset, redraw and paying the loan down Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

Every Sunday morning the team at the Australian Property Podcast is here to deep dive into the biggest and most topical news headlines for the week and what it means for your property.With sticky inflation and rate rises affecting the cost of living for Australians, we are facing some interesting conditions in the property market in terms of lending, rental prices & supply.Buyer's Agent Pete Wargent and Mortgage Broker Chris Bates will give their plain English take on some of the most topical news stories, and help you break down and understand the noise.On this episode of the Australian Property Podcast: Wage increases: The Fair Work Commission announced a higher-than-expected award wage increase of 5.75%, impacting 2.6m workers across the country, and a minimum wage increase of 8.6%. We discuss how will this affect the economy and inflation. Will this fuel inflation or will the increase rather help cover the cost of inflation? Lending to build or buy a new home: At its lowest level since 2008 but lending buffer of 3% to stay in place coupled with rate increases. So what happens now? Reduced borrowing capacity for first-home owners means people can only borrow around 4.5x their income borrowing capacity for first-home buyers. Will this lead to a repricing event? Productivity NSW proposes building more homes where people want to live: This could lead to rezoning, so how will this affect current homeowners & suburb dynamics? Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

What are the latest property trends, when can we see the rental market ease and what is the future for property owners?On this episode of the Australian Property Podcast, Buyer's Agent Pete Wargent is joined by a very special guest, Cameron Kusher. Cameron is the Director of Economic Research at REA Group and is one of Australia’s top and best-known property market analysts.Pete and Cameron are deep diving into everything you want to know from a real estate and property insider's perspective by discussing some of the most debated and talked about topics On this episode: Current Listing Environment: Why aren’t people listing? Is there any sign of that changing? The latest trends in construction and new housing supply: is the pipeline still solid or contracting? Are construction costs coming down? Are new home sales still struggling? Rent: What's happening in the market? What will it take to bring investors back into the market? Build to Rent: Impact on the housing market over the next decade, what are the required returns, what scale are we going to see? and where are we going to see it? Victorian budget and land tax changes: what are the impacts on the market? what will this mean for investors or renters? This is an insightful episode with one of Australia's most recognisable property brands so this is not one to miss!Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

Personal wins and mistakes from our property experts. Buyer's Agents Amy Lunardi and Pete Wargent are sharing their biggest personal lessons when it comes to buying and selling their own properties & investing. On this episode, the team is getting personal in the hope that you can take inspiration from the fact that even professionals don't always get it right and how you can learn from their mistakes (and their wins!).On this episode of the Australian Property Podcast:Amy's Wins Setting clear objectives when purchasing a property Purchasing properties that align with cashflow Renovating on a budget Amy's Mistakes & Lessons Not learning enough about investing at a younger age Not planning for the future effectively Not being on top of paperwork (we know its boring, but needs to be done) Relying on professionals (property managers, layers, councils) to do their job properly, always do your due diligence Not purchasing properties when it's a good time to buy (if you are financially ready to do so) Pete's Wins Buying in great locations Diversifying (asset classes, types of properties) Being patient and persistent Pete's Mistakes & Lessons Risk management: Margin Loans i.e. using debt to buy shares: Be careful with your use of debt as things can change with the market that you cannot control Speculative investments: Buy assets that you never need to sell instead of speculative investments Not doing adequate due diligence on extra costs and levies and relying on a solicitor to address these costs Buying a unit with high strata fees. These costs are ongoing and can be variable so can significantly impact resale values Poor choice of tenants. Sometimes taking a lower rent with a good tenant is better than a bad one! Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

Every Sunday the Australian Property Podcast team deep dive into the biggest news stories of the week, take a plain English look, and tell you what it means for your property.Buyer's Agent Pete Wargent is joined by Rask founder Owen Rask this week to cover land tax, build to rent news & the current listing environment.On this episode of the Australian Property Podcast, we cover these Big 3 stories of the week:Land Tax The Victorian budget has hit property investors hard so what does this mean for you? Do the benefits outweigh the increasing costs? Question from our community: Is it better to hold other assets i.e. ETFs that can generate passive income instead? What are the monetary implications of selling property assets and moving into another asset class? Will increased costs be passed on to renters? Build to Rent News New players in this space: foreign withholding tax that was cut from 30% to 15% meaning an increase in foreign investors could be imminent, what does this mean for Australians? Increases in rental supply: is this increasing the number of affordable housing? Corporate landlords: What are they? How can it be helpful for long-term renters? What are the trends overseas? Will it be the same here? Listing environment. Why is inventory so low? With supply potentially at its lowest point in many years, why are people not selling good quality stocks? Why are people holding and renovating? When might this issue change? Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

Off the plan buying. With new developments springing up across cities in Australia, and government subsidies for new builds, it's hard not to be intrigued by the increasing home options available to buyers. On the flip side, we are hearing the headlines of builders going bust, apartment defects, and depreciating assets. Mortgage Broker Chris Bates and Buyers Agent Amy Lunardi take a deep dive into the positives, negatives, and risks to consider if you are looking at purchasing off the plan.There can be many benefits off the plan buying can bring, whether it be enabling a buyer to get into the property market or get into a specific suburb, however, it is important to understand the risks that are associated with this type of property. Amy and Chris share some of their personal stories from their experiences and discuss how you can protect and educate yourself.On this episode of the Australian Property Podcast, we cover: What is off the plan? What are the common types? What are the benefits of buying off the plan? Greater Choice Small deposits Positive buying experience What are the risks and considerations when buying? Builder risk - builders going bust, building defects Liabilities - legal implications of walking away from contracts Market shifts - locking in a price for the value to be lower Asset performance Lack of scarcity - risks when leasing or reselling a property Lending & postcode risk Sunset clauses What you can do to protect and educate yourself Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

Every week Buyer's Agent, Pete Wargent and Mortgage Broker, Chris Bates break down and cover everything you want to know about the most important headlines from millionaire migration, wages, and intergenerational wealth. We are on a mission to be Australia's most trusted property podcast so we are here to help cut through some of the noise and help you understand what all the headlines mean for your property.On this episode of the Australian Property Podcast: Intergenerational Wealth: How wealthier parents are helping their children enter the property market and how it can impact the prices of property Wage Growth: Wages peaked lower than expected, below 4%, so what does this mean for inflation, interest rates, and borrowing? What can you do to increase your income? Millionaire Migration: Skyrocketed back in Australia with 125,00 projected for 2023, with increasing numbers of high net worth individuals moving overseas. Are some headed to Aus? Why and how could this affect me? Australian Property Podcast resources: Wage Growth Research Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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

How are demographics and property linked? Mortgage Broker, Chris Bates, and Demographer, author, and educator Simon Kuestenmacher deep dive into how demographics will affect your property, the market, demand, and supply now and into the future. This episode will property insights into what factors to consider when purchasing a future home or investment property.You can find Simon Kuestenmacher on Twitter (he has a quarter of a million followers) or in his monthly segment in The Australian.On this episode of The Australian Property Podcast: What is Demographic/Demography? Study of people, why they are where they are, and how many there will be in the future Why are demographics important when it comes to property? What are the links between different life stages and property demands? Key property trends that we are seeing around life expectancy, downsizing, family changes, and the housing shortage Demographics and housing outlook - How housing policies can optimise the housing stock, how to buy a property with future demographics in mind Big demographic changes - effects of COVID, WFM & domestic and international migration Knowledge - the importance of long-term planning and government housing and retirement policies Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING!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.Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.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