The Elephant In The Room Property Podcast | Inside Australian Real Estate

Welcoming back Stuart Wemyss to chat shop on the importance of differentiating between types of property and how this comes into play when location, location, location matters most. Stuart Weymss is the director of Prosolutions and host of the Investopoly podcast. Stuart recently released a report Performance Review of Investment Grade Apartments which goes into lengths on the future of apartment ownership, comparatively to house and land ownership.  Here’s what we covered: What is the long term impact of COVID on desire and affordability? Expats moving back to Australia, how might this impact the property market? Is land value restricted when sold next to prestige homes? What are viewed as investment grade locations in Sydney? Why did the Melbourne apartment market fail and what will it take to rise from the depths? Why do some apartments in certain areas outperform houses in certain areas? How has COVID interrupted the downsizer market? What will the next wave of property developments look like? RELEVANT EPISODES:Episode 136 | Owen Raszkiewicz Episode 126 | Stuart WemyssEpisode 39 | Stuart Wemyss GUEST LINKS:https://www.prosolution.com.au/report-investment-grade-apartments/ Buy Stuart’s book Rules of the lending game. And use code ‘elephant’ for a discount plus free postage. Buy Stuart’s book Investopoly Subscribe to Stuart’s blog HOST LINKS: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 EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in January 2021See omnystudio.com/listener for privacy information.

In our firth Q&A host special, Veronica and Chris jump into your questions! What to look for in the land before you buy? Can you retire with just investment properties? Is buying and building your own home a good idea? How do you know if you’re buying the top end of a suburb? High strata cost, what are you paying for? Is there a new incentive to buy sustainable properties?  Questions: “Are there any things a buyer should look for in land besides location and size? If it slopes? Do all new properties decrease in value after build?” “How does buying your own land and building vs house and land packages, and renovation of established?” “Is there a viable option to retire without selling down or without killing the geese that lay the golden eggs? How does one do it before the age of 60 without super and just via property, and without selling down half or most of the properties to get there. I guess that's an episode I'd love to listen to?” “One of the things I would like to hear your views upon is how do you evaluate / research when you are, say buying a market leader property in a suburb ?” “I’ve noticed when I look in the lower north shore that a lot of properties have high strata, I’ve heard councils are starting to audit strata run buildings to confirm they are up to fire code etc?” “Do sustainable properties receive a premium on the potential property value? ie: is there any analysis on buyers being willing to pay more for a sustainable product?” RELEVANT EPISODES:Episode 127 | Q&A 3 Episode 99| Archi Blox Episode 98 | Q&A 2  HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: info@gooddeeds.com.au Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: hello@wealthful.com.au Send in your questions to: questions@theelephantintheroom.com.au EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in January 2021.See omnystudio.com/listener for privacy information.

Soren Trampedach is the founder, chairman and CEO of Work Club. Work Club is an established boutique solution to accommodate for modern day work space and place challenges. In recent times Work Club has shifted to providing consultancy on workplace optimisation to industry leaders such as Google, Deloitte and Facebook. With his remarkable insights and knowledge on efficient work spaces, Soren predicts what workplaces of the future will look like and how Covid has sped up what might be the inevitable. Here’s what we covered: What will work look like in 12 months in comparison to the last 12 months? Will we end up going back to the old work routine? What is pro-working and will it grow? Will attitudes in Melbourne be exacerbated due to extended lockdown? What is happening across the globe in terms of work patterns and who can we learn from? How will developers shift what they make and sell? What are landlords thinking about their older buildings? Will co-working expand nationally? And what areas will need it the most? How WeWork rose and fell and what it means for the alternative working industry? RELEVANT EPISODES:Episode 145 | Lucinda Hartley Suburb Trends August 2020 Episode 104 | Adam Hirst GUEST LINKS:Facebook: https://www.facebook.com/workclubglobal/ Instagram: https://www.instagram.com/workclubglobal/ LinkedIn: https://www.linkedin.com/company/work-club-sydney HOST LINKS: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.auWork with Chris: hello@wealthful.com.au Send in your questions to: questions@theelephantintheroom.com.au EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in November, 2020. https://www.theelephantintheroom.com.au/podcasts/160See omnystudio.com/listener for privacy information.

‘Forecasters’ have been holding their breath for the property market to crash for years, it was only during Covid that it looked inevitable. They said it’d be at the peak of Covid cases, the tightening of restrictions and of course the ‘September cliff’, but here we are and the property market is holding strong and banks are even turning away potential customers due to being stretched thin from an influx of new pre-approvals. The question is: where is our long promised crash? We can’t get enough of the superb Eliza Owen, welcoming her back for the fourth time! Eliza is Core Logic’s Head of Residential Research and author of various Core Logic reports and articles, most notably their Pain or Gain report. In this episode we look back in hindsight on the performance of last year, and why the property market has not crashed despite mainstream media and revered economists expecting it?Here’s what we covered: Why hasn’t the property market crashed? Where has listening been hit the hardest? How have Brisbane properties performed over the Covid period? Is the property market slowing down during the holiday period? How have capital cities performed differently from each other? What type of properties have been hit the hardest? What areas have already seen an uptick in new residents? Are we going to experience an undersupply of apartments in the near future? How does the loyalty tax work and is it unfair or just competitive? RELEVANT EPISODES:Episode 157 | 2021 Forecast Episode 135 | Eliza Owen Episode 115 | Eliza Owen GUEST LINKS:https://www.corelogic.com.au/news/why-didnt-australian-housing-market-crash www.homebuyeracademy.com.au/workshop HOST LINKS: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 EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded on 15 December, 2020. https://www.theelephantintheroom.com.au/podcasts/159See omnystudio.com/listener for privacy information.

The primary issue of 2020 is Covid, but what about questions surrounding China’s geopolitical expansion, Covid-19 vaccination, the changes to government stimulus and whether or not APRA will intervene to slow the property Market? Welcoming back Warren Hogan from episode 75. Warren is the former Chief Economist of ANZ and is currently the Industry Professor at UTS and Chief Economic Advisor of The Executive Connection. Warren has also appeared in the media on multiple occasions, to give his perspective and expertise on the global economy and how our small country of Australia feels it’s effects.Here’s what we covered: What will be the legacy of 2020? How has Australia relied on China to keep our economy afloat? What can Australia do to pivot our primary exports? How long will Australia keep its border closed? What can we do about net zero immigration? Is it inevitable that we will lock down again in 2021? Is Australia’s raw material export going to save the economy again like in the GFC? Are we going to see negative interest rates any time soon? Will APRA step in to slow down the property market? RELEVANT EPISODES:Episode 150 | Meighan Wells Episode 117 | Shane Oliver Episode 75 | Warren Hogan HOST LINKS: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.auWork with Chris: hello@wealthful.com.au Send in your questions to: questions@theelephantintheroom.com.au EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded on 15 December, 2020. https://www.theelephantintheroom.com.au/podcasts/158See omnystudio.com/listener for privacy information.

No one could have expected the economy, let alone the property market, to be flipped on its head this year. New restrictions and cases were a daily occurrence with all industries having to pivot rapidly or succumb to the down turn. Seeing with 2020 vision, we look back in hindsight on the property market, and how it performed, changed and adapted to market conditions. Moreover, we look at how 2020 has laid the foundations for the years to come, with all time low interest rates, changes to stamp duty and most importantly what consumers are looking to buy. Here’s what we covered: Will investors come back into the market? What allowed an uptick in consumers taking out mortgages? How Labour losing the election had a massive impact on the property market. What are banks trying to accomplish with high advertising budgets and refinance wars? Have the grants for new homeowners been beneficial or detrimental? What will the stamp duty changes look like and how will they impact the overall market? How has Covid altered what consumers are looking to buy and will this possibly translate to what developers build? Will the access to super be hugely beneficial or will it compromise individuals futures? Will there be a third wave of Covid with relaxing restrictions and the introduction of the vaccine? What will happen at the end of payment holidays and jobkeeper? RELEVANT EPISODES:Episode 150 | Meighan Wells Episode 126 | Stuart Wemyss Episode 120 | Michael Yardney COVID-19 EPISODES:Episode 112 | Pandemic Crisis (March 21st) Episode 115 | New Restrictions (March 31st) Episode 117 | Next Great Depression (April 7th) Episode 122 | Buying during pandemic (May 7th) Episode 132 | Societal impacts of Covid (July 13th) Articles/Links:Good Deeds: THE EMBARRASSED BUYER SYNDROME Good Deeds: SYDNEY HOUSE PRICES HAVE STOPPED FALLING Good Deeds: IS IT A GOOD TIME TO BUY PROPERTY IN SYDNEY NOW? Home Buyer Academy - Free Course Suburb Trends HOST LINKS: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.auWork with Chris: hello@wealthful.com.au Send in your questions to: questions@theelephantintheroom.com.au EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded on 15 December, 2020. https://www.theelephantintheroom.com.au/podcasts/157See omnystudio.com/listener for privacy information.

Rocky Scopelliti, is a world class futurologist, recognised internationally as an authority across upcoming technology, social change and the economic future. He’s currently a director of Optus and Community First Credit Union, and works in advisory capacities to a variety of companies including Fortune 100 corporations. In this episode, Rocky dives into his recently published book Australia 2030! - Where the Bloody hell are we?  which outlines the sentiments of 673 professionals, 170 in key executive positions and their views on the decade ahead.Here’s what we covered: How will the world transition through to the next leap of automation and AI? Will remote working open up competition for Australian jobs? Is the physical home more important now than ever? What will the workforce look like in 2030? Can we trust in the Government to invest in our future? What issue will impact Australia the most in the next decade? How can businesses contribute to society? Is the technological and scientific future optimistic? How will the average Australian's life change the most? What has worried the majority of Australians over the next decade? RELEVANT EPISODES:Episode 129 | Craig Rispin GUEST LINKS:http://www.rockyscopelliti.com/Australia 2030 – Where the bloody hell are we?Buy Now Here HOST LINKS: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 EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in December, 2020. https://www.theelephantintheroom.com.au/podcasts/156See omnystudio.com/listener for privacy information.

It’s everyone's dream to become mortgage free but how do you do it and when is having debt a good idea? Welcoming esteemed long-term money commentator and financial literacy  advocate Nicole Pedersen-McKinnon, Nicole is former editor of AFR’s Smart Investor Magazine  and has recently published her book How to Get Mortgage-Free Like Me which reveals how Australians are shaving years off their loan term and becoming debt free. In this episode Nicole gives the scoop on how she and her clients have become mortgage free, and how everyday Australian’s can also make this dream come true. Here’s what we covered: Why do people get confused by what you own versus what you own? How to borrow safely? What are some tips on being frugal? What are the most powerful debt free enablers? At what age should people aim to become debt free? Should people put more money in super or paying down home? Should you pay down your investment properties? Why should people not be fearful of debt but using it more appropriately? Are the current sub 2% rates an opportunity or a trap? RELEVANT EPISODES:Episode 153 | Brendan Coates Episode 131 | Jessica Fox Episode 130 | Glen James GUEST LINKS:Website - NicolesSmartMoney.com App - My Mortgage Freedom YouTube - Nicole's Smart Money Book - How to Get Mortgage Free Like Me Book discount code 20% off - ELEPHANT HOST LINKS: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.auWork with Chris: hello@wealthful.com.au Send in your questions to: questions@theelephantintheroom.com.au EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in November, 2020.See omnystudio.com/listener for privacy information.

Speaking to Damian Collins, a well respected and experienced property expert on the current state and the future of the Perth property market. Damian is the founder and managing director of Momentum Wealth and has served on the REIWA Council since 2011 and was elected president of the institute in 2018. In this episode we ask the questions: will those who invested in the boom ever get their money back? Will Perth be the next hotspot and will it be able to contend with other capital cities? Here’s what we covered: Why has Perth performed so poorly compared to other capital cities? What parts of Perth have stayed strong and grown in value? Did the top end of the market struggle to move the high quality properties? Where is the growth in the Perth market coming from? What is Perth doing to get rid of their oversupply Were grade A properties having a hard time to sell or were they always flying off? How many new builds are being built every year? How will the Perth property market change because of Covid? Is the market owner-occupied dominated or investor dominated? How has the rental stock been affected? What types of clients are developing or in syndications RELEVANT EPISODES:Suburb Trends October 2020 Episode 143 | Martin NorthEpisode 133 | Alice Stolz GUEST LINKS:Momentum Wealth HOST LINKS: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.auWork with Chris: hello@wealthful.com.au Send in your questions to: questions@theelephantintheroom.com.au EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness… This episode was recorded in November, 2020.See omnystudio.com/listener for privacy information.

2020 has been an insightful year, reshaping where people work, live and spend time. The question is what will 2021 bring? With the restructuring of stamp duty and opt in/opt out programs be a success? Moreover, will the government target this towards new properties like FHB grants or will it open the door, moving citizens away from new builds? In addition to the stamp duty conversation Kent and the team showcase capital cities performance during this year; which has the brightest outlook for the future? Here’s what we covered: How will the abolishment of stamp duty work? Will flippers return to the market if they can opt out of stamp duty? How can property buyers maximise their return when renovating? How different states will calculate stamp duty and land tax differently? What are small ways flippers can increase their profit margin? How have the capital cities performed from one another? Has Covid really affected the property market, or has it boomed? Which small rural city has greatly benefitted from Covid? Does the fall in listing matter if the price of property rises? RELEVANT EPISODES:Episode 153 | Brendan Coates Suburb Trends November Episode 150 | Meighan Wells GUEST LINKS:http://www.suburbtrends.comhttps://www.revenue.act.gov.au/tax-reform https://www.realestate.com.au/property/78-ragless-cct-kambah-act-2902 HOST LINKS: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 EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded on 9 December, 2020. https://www.theelephantintheroom.com.au/podcasts/153See omnystudio.com/listener for privacy information.