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

Rising property inventory can introduce several risks for property investors. An increase in available properties can lead to market saturation, as supply outpaces demand. This oversaturation can drive down property prices and rental rates, potentially impacting the profitability of real estate investments. In today's episode, our resident data geek, Kent Lardner discusses a significant trend he has noticed in the Australian property market which is all about the rising number of available properties and what it could mean for investors. While it seems like things are getting back to normal, there's a catch you will probably need to look out for. Throughout the episode, we dive into the specific areas in Australia where this rising property inventory trend could create problems for investors. Stay informed about local market conditions so you can navigate the risks and make the right investment decisions, press that play button and let's get started. Episode Highlights: 00:00 - Introduction 01:02 - How Kent tackled the inventory level challenge 02:36 - What's the relationship between property inventory, supply, and demand? 06:58 - Real estate market trends and hotspots 11:19 - Real estate market trends and price falls in Australia 14:28 - Housing market trends and COVID-19 impact 19:01 - Housing affordability in Australia 23:16 - Housing market trends and overheating in regional areas 29:44 - Housing market impact of Airbnb short-term rentals 31:04 - Real estate market trends and inventory levels 36:39 - Real estate motivations and market trends 39:57 - Housing market trends and downsizing 42:41 - Real estate market trends and pricing 45:14 - Real estate market trends and inventory in Australia 48:34 - Real estate market trends and metrics About Kent Lardner: Kent Lardner is an expert data science and business leader with 30+ years of experience at leading companies like JLL, CoreLogic, and General Electric. He has led teams of 5 to 200 people across Australia and China, driven by his passion for high-growth digital businesses. Kent is also the founder of Suburbtrends, a leading property research firm trusted by major names in Australian property and featured in mainstream media. Connect with Kent Lardner: Kent Lardner’s LinkedIn: https://au.linkedin.com/in/kentlardner Kent Lardner’s Website: https://suburbtrends.com/ Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.blusk.au Work with Chris: hello@blusk.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.

The debate over strata properties has been ongoing in real estate, with enthusiasts and skeptics locked in a perpetual tug-of-war. The cons, such as mandatory strata levies and the perception of lower capital growth compared to standalone houses, have often taken center stage. However, in the world of strata living, there is a tapestry of complexities that often goes unnoticed, which makes it far more than just  a black-and-white investment decision. In this episode, we are joined by Karen Stiles, Executive Director of the Owners Corporation Network, and we dive headfirst into the fascinating world of strata properties, shedding light on the dynamic changes occurring in the strata landscape. We challenge the common belief that "all units make bad investments" and uncover the nuanced reasons behind this dichotomy. While there are indeed risks and responsibilities, there's a hidden treasure trove of benefits that many overlook when considering strata living or investment. But here's the twist: strata living isn't for everyone. It requires a certain temperament to thrive in a cooperative space. And as we dive deep into the challenges, and changing dynamics in the world of strata, may these insights help you make informed decisions about this intriguing facet of real estate. Episode Highlights: 00:00 - Introduction 01:25 - Who is Karen Stiles? 02:26 - Building commission changes in NSW and its impact on property owners 08:02 - Complexities, challenges, and risks in strata property insurance 13:21 - Can the strata commissioner contribute to improved strata property management? 14:48 - Specific challenges associated with the changing strata property landscape 19:01 - Solutions or strategies to address the hurdles in getting strata remedial work done 23:45 - What is the current status of "Project Remediate" in New South Wales? 28:09 - Is there a shift from investor-owned to owner-occupied properties? 31:03 - Housing shortages and Airbnb in Sydney 36:01 - Property management regulations in Australia 39:59 - Sustainability and energy issues in Australian apartment buildings 43:07 - Strata living challenges and education 46:01 - What's the most important change you'd like to see in the strata space? 49:05 - Karen Stiles’ property dumbo About Our Guest: Karen Stiles is Executive Director of the Owners Corporation Network, the independent voice of strata owners. In her 11 years with OCN, she has heard the gamut of good and bad news stories relating to what she refers to as strata births, deaths and marriages aka 1st Annual General Meetings, living cooperatively, and collective sale. Karen’s experience on strata committees began with her first apartment in 1984, and includes everyone’s worst nightmare: overseeing a large defects claim after an off the plan purchase. Today she is Chair and Secretary of an older, medium sized strata scheme which has undertaken foyer, lift and fire safety upgrades. Connect with Karen Stiles: Connect with Karen Stiles on LinkedIn: https://www.linkedin.com/in/karen-stiles-30b18a16/ Visit their company’s website: https://ocn.org.au/ Resources mentioned in this episode:  How bad can things go with buying strata property | Episode 68 https://www.theelephantintheroom.com.au/podcasts/068 Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.blusk.au Work with Chris: hello@blusk.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.

Unlike several other Australian states, Queensland allows vendors and their agents to maintain a significant level of confidentiality by imposing minimal property disclosure requirements. Moreover, it stands as the sole place where buyers can readily forego their cooling-off rights, a fact that frequently takes investors from southern states by surprise, emphasising the need for expert guidance. But the surprises don't stop there! Queensland holds the distinction of being the most lenient state for acquiring a class 1 real estate license, enabling even those with little experience to establish themselves as buyers' agents. And this is just a small part of the narrative that paints a picture of Queensland's real estate market as the wild west of property investment. So, what exactly is happening in this tropical paradise? In this episode, we shine the spotlight on Queensland — also known as the Sunshine state, and its distinctive landscape, which may astonish you. We are joined by a special guest, Antonia Mercorella, the CEO of the Real Estate Institute of Queensland, to delve into the intricacies and peculiarities that set Queensland's real estate market apart from the rest of the country. Tune in to gain valuable insights and understand the intricacies of Queensland's real estate landscape! Episode Highlights: 00:00 - Introduction 01:35 - Who is Antonia Mercorella? 04:29 - Property disclosure laws in Queensland, Australia 09:57 - Are real estate professionals in Queensland prepared for legislative changes? 13:02 - The quirks of Queensland’s real estate pricing rules 14:53 - What's the logic behind Queensland's approach to real estate investments 19:47 - How Antonia handles representing an industry with a poor reputation 27:13 - What's the REIQ's position on aligning licensing standards? 34:10 - Real estate agent education and licensing requirements 37:25 - Elevating education and training for Queensland's real estate practitioners 45:54 - Strata living and management rights in Queensland 50:36 - Can strata management change to better serve property owners? 54:05 - Antonia Mercorella’s property dumbo About Our Guest: Antonia Mercorella is the powerhouse CEO of Real Estate Institute of Queensland (“REIQ”).  She is a lawyer by profession and for the last 2 decades, she’s headed up legal counsel for the industry’s peak bodies in South Australia and later in Queensland, where she’s also served as CEO for the last nine years. As the REIQ’s first female CEO, and its youngest at appointment date, Antonia has transformed the 105-year-old Institute into one of most progressive and high-profile industry associations in Australia. Antonia has led and shaped some of the most significant real estate legislative reforms across multiple jurisdictions. Her ability to lead and develop advocacy programs has drawn national and international attention. Antonia holds a Bachelor of Laws with Honours and a Bachelor of Educational Theatre. Connect with Antonia Mercorella: Follow Antonia on LinkedIn: https://www.linkedin.com/in/antonia-mercorella-8b516a43 Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.blusk.au Work with Chris: hello@blusk.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.

"How can you protect your real estate assets in this ever-changing market?" Property investment can be quite a rollercoaster ride, and CoreLogic's quarterly Pain & Gain Report serves as a stark reminder of that fact. In each report, we witness a substantial segment of Australian property vendors navigating the volatile waters of real estate, sometimes ending up with losses. Our mission today is to uncover what makes certain property investments riskier than others and to pinpoint the riskiest locations for real estate ventures with the help of the author of the Pain & Gain Report herself — Eliza Owen. Join us as we take a closer look at the factors that make certain property investments riskier than others and identify the types of properties that pose the highest risk. Together, let's analyse these statistics and decode the trends so you can chart your course towards successful property investments. Tune in! Episode Highlights: 00:00 - Introduction 01:14 - Who is Eliza Owen? 01:48 - Discussing the new section about short-term sales & the impact of high interest rates 08:03 - Clarifying the methodology behind analysing loss-making property sales 13:33 - Real estate market trends and losses in Australia 18:44 - Housing market trends and loss-making sales in Australia 21:22 - Spotting the winners and losers in real estate investments 28:19 - Property market performance in Australia 35:50 - Real estate market trends and forecasts 41:31 - Intergenerational wealth transfer in the Australian property market 46:31 - Housing market challenges and potential solutions 52:26 - What's wrong with the property system, and what's changing? 55:49 - A few short-term solutions to the housing crisis 56:36 - Housing affordability and government policies 58:43 - Eliza Owen’s property dumbo About Our Guest: Eliza Owen is an experienced property data analyst with a background in economics. She has worked for Residex, Domain Group, and CoreLogic, specialising in descriptive and inferential data analysis, data visualisation, and framing data trends with broader economic concepts. Eliza is also a passionate communicator who explains economic concepts to diverse audiences. She has presented on the TEDX stage, written for prominent publications, and been a regular commentator on commercial radio and television. Eliza is a popular keynote speaker, having presented to audiences in real estate, construction, banking and finance, property development, and consumer markets. Connect with Eliza Owen: Follow Eliza on LinkedIn: https://www.linkedin.com/in/eliza-owen-2554ab65/ Visit their website: https://www.corelogic.com.au/ Resources: Download CoreLogic’s most recent Pain & Gain Report https://www.corelogic.com.au/news-research/reports/pain-gain Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.blusk.au Work with Chris: hello@blusk.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.

The world of property dealings is a complex tapestry, and the rules governing them vary significantly from one state to another with the level of vendor disclosure varying widely. But what sets Queensland apart is its strikingly minimal requirement for sellers to disclose information to buyers. It's kind of surprising how little information has to be shared. But here's where things can get really tricky. Another aspect of property law that often takes property owners by surprise is the compulsory acquisition of their property by the government. It's not something you hear about every day, but it definitely happens. With us today is Jeremy Streten — the founder and CEO of Northern Property and Resumption Lawyers whose expertise is in property transactions and assisting property owners during compulsory acquisitions. Tune in and discover how you can best know your rights in a government's property acquisition. Episode Highlights: 00:00 - Introduction 02:03 - Snapshot of the current situation in Queensland’s property market 03:23 - Vendor disclosure in Queensland 07:04 - The recent changes in Queensland’s property laws 10:56 - How has the Queensland real estate market changed in recent years? 15:14 - Will there be new provisions in the contract of sale that will actually protect consumers? 18:31 - Outlining the key steps for buyers searching for property in Brisbane or Queensland 24:53 - Property documentation and buyer knowledge in Australia 26:58 - What rights does the government have when acquiring land for public use? 32:36 - Is there financial compensation for property devaluation due to government projects? 35:57 - Why some property owners prefer not to be the last ones standing in an acquisition 41:24 - What to do when your house faces compulsory acquisition 43:48 - How to get an edge over others in terms of added assistance 45:24 - Do property owners have leverage in compulsory acquisition negotiations? 46:51 - Strategies to avoid or mitigate compulsory acquisition in the purchasing phase 50:48 - Jeremy Streten’s property dumbo About Our Guest: Jeremy Streten is the founder and CEO of Northern Property and Resumption Lawyers (NPR Law). NPR Law focuses on helping property owners buy, sell and lease property as well as helping property owners when their property is being resumed. Jeremy has appeared on various television shows, podcasts and radio interviews. He also provides regular content for websites across Australia. Connect with Jeremy Streten: Visit their website: https://nprlaw.com.au/ Follow Jeremy on Facebook: https://www.facebook.com/nprlaw.au Follow Jeremy on Twitter: https://www.twitter.com/jeremystreten Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.blusk.au Work with Chris: hello@blusk.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.

When it comes to investing in property, one question tops the list: Where should you put your money? It's a query that has spurred an entire industry, one ready to provide answers in exchange for your investment. But amidst the vast sea of predictions and expert advice, how can you truly trust their methodology? How many of these experts have endured the test of time, and how many are willing to be held accountable for their past forecasts? In this episode, we travel back in time and revisit property predictions made 15 years ago. This retrospective analysis will scrutinise which ones hit the mark and what veered off course in the original research. Join us as we unravel the fascinating dynamics of the property market, exploring how our understanding has evolved over the years, all against the backdrop of a rapidly changing real estate landscape. With us today is the Property Professor himself, Peter Koulizos, and he's willing to be held to account. Walk with us through the maze of property investment insights, uncovering valuable lessons from both successes and missteps of the past. Don't miss this opportunity to gain a deeper understanding of the dynamics of property investment and how they can work in your favour. Episode Highlights: 00:00 - Introduction 01:12 - Who is Peter Koulizos? 05:23 - Work-from-home trends and their impact on real estate 10:26 - Peter’s analysis of the locations he chose for his research 13:37 - Real estate investing in Perth 23:16 - Real estate investing and market distortion 31:34 - Property market trends and investment strategies 37:08 - Property market trends in Sydney and Melbourne 42:36 - Property investment strategies and local knowledge. 48:52 - Property investment growth and sustainability 53:06 - Australian housing market trends and supply 59:05 - Housing market trends and renovation vs. moving decisions 1:02:42 - Property investment strategies and valuation 1:03:32 - Peter Koulizos’ property dumbo About Our Guest: Peter “The Property Professor” Koulizos has recently retired from the position of Program Director of the Master of Property at Adelaide University but continues to teach in the program. He has been teaching in real estate and investment for over 25 years. Peter also personally invests/develops property and currently holds several properties. Peter researches property markets around the nation, looking for the best suburbs to invest in each capital city. He has published three books; “The Property Professor’s Top Australian Suburbs” and “Property vs Shares” and most recently “The Diary of a Small Developer”, with Margaret Lomas. Connect with Peter Koulizos: Follow Peter on LinkedIn: https://www.linkedin.com/in/peter-koulizos-37933522/ Visit The Property Professor’s website: https://thepropertyprofessor.net.au/ Join Peter’s Facebook Group (The Property Professor): https://www.facebook.com/groups/186153897464/ Visit Peter Koulizos Property Investing: https://www.peterkoulizospc.com.au/ Resources mentioned in the episode: Visit the PIPA website: https://www.pipa.asn.au/ Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.blusk.au Work with Chris: hello@blusk.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.

After decades of neglect and dwindling investments in public housing, it appears that governments worldwide are finally recognising the urgent need to bolster social housing and incorporate low-cost accommodations in new developments. But what transformations are occurring in this critical space, and can we truly say that governments have already learned from past mistakes in the face of the ongoing rental crisis? Furthermore, what's the timeline for these policy changes to make a real impact? In today's episode, we jump right into the heart of the affordable housing crisis and the resurgence of social housing initiatives. Our guest, Michele Adair — CEO at the Housing Trust, an organisation dedicated to constructing and managing affordable rental housing for individuals with very low to moderate incomes. With an extensive portfolio of over 1,200 homes and ambitious plans for another 200, Michele offers invaluable insights into the world of affordable housing. As we dissect the evolving landscape of social housing and government commitments, we inquire about Michele's sentiments regarding the current climate. Does she see genuine reason for optimism amid the housing crisis? Tune in to explore the pressing issue of housing inequality and discover how individuals like Michele Adair are forging change, and propelling us toward a future where housing is not a luxury but a fundamental right. Episode Highlights: 00:00 - Introduction 01:04 - Who is Michele Adair? 01:41 - Is the current changing landscape of social housing supposed to fill us with hope? 07:53 - Michele's update on Tasmania's rental market and short-term accommodations 12:11 - The impact of short-term rental platforms on the long-term rental market 17:49 - Discussing government initiatives, including the Housing Australia Future Fund 20:58 - Evaluation of the ambitious target to build 1.2 million homes over five years 23:47 - Increasing low-income housing in redevelopment: Is it a real change? 27:41 - Michele discusses innovative solutions for housing and taxation 30:45 - Vacant properties in Australia and potential solutions 33:45 - What affordable housing solutions are currently open in Australia? 40:19 - The importance of density and creative solutions 45:49 - Michele Adair’s property dumbo About Our Guest: Michele Adair is the CEO of Housing Trust in Wollongong, a company dedicated to building and managing affordable rental housing. With a portfolio of 1,200 homes and plans for 200 more, the company is valued at over $250 million. Michele also serves as the inaugural Chair of Homes Tasmania, tasked with creating 10,000 social and affordable homes in 10 years. Her extensive career includes leadership roles in various organisations, such as the Community Housing Industry Association of NSW and Cystic Fibrosis NSW. Beyond her professional accomplishments, Michele is a mother, grandmother, and avid golfer, known for her effective advocacy and contributions to policy reforms in affordable housing, health, and gender equity. She's been recognised with awards such as the Illawarra's Outstanding Business Leader of the Year in 2021 and the UDIA National Women in Leadership Award for Excellence in 2023. Connect with Michele Adair: Follow Michele on LinkedIn: https://www.linkedin.com/in/michele-adair/ Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.blusk.au Work with Chris: hello@blusk.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.

Spring is traditionally a time of renewal and growth, and this year, the property market is no exception. Today, we dive deep into the heart of the property market, with our focus squarely set on the unfolding drama of Spring 2023. We explore the burning questions that homeowners, investors, and renters across the nation are eager to have answered. "What’s in Store for the Property Market in Spring 2023?" In this episode, we're joined by a true expert in the field, Corelogic's Head of Australian Research, Eliza Owen who is not only the author of the acclaimed "Pain & Gain Report," but is also a master at deciphering the enigmatic language of property data. Our conversation begins with the ever-pressing question: Will Spring 2023 bring forth a surge in new property listings, and if so, what will it mean for the delicate balance between supply and demand? Will this finally be the turning point where prices stabilise or even dip? We examine the data, unpacking the potential consequences for buyers, sellers, and the broader market. And, of course, we can't forget the rental market, where whispers of a slowdown in rental price growth have left many puzzled. Despite a lack of new supply, why are rental prices not following the usual upward trajectory? Eliza Owen will provide her insights into this intriguing phenomenon. Join us for a riveting conversation as we unveil the trends, forecasts, and data-driven insights that will shape the property market's course throughout Spring 2023. Episode Highlights: 00:00 - Introduction 01:40 - What’s the current state of the property market? 03:27 - Future outlook of the spring property market in terms of new property listings 06:16 - Factors contributing to the resilience of the property market despite challenges 08:58 - Complexities surrounding abnormal winter property listings 12:37 - Has there been a shift from the 2021 trend of regions outperforming cities? 17:29 - Factors driving a significant increase in purchasing activity in Perth 23:08 - How are interest rates and property prices holding up? 26:58 - The impact of the fixed rate cliff on the mortgage market 29:36 - Veronica’s theory on why investors sell pre-emptively 34:46 - How might the RBA respond to changing inflation? 36:22 - Do interest rates impact rents? 39:43 - Is it possible for all areas to eventually revert to the same mean property value? 44:39 - Key trends to watch for in the real estate market in the coming months 49:43 - How will increased public housing and build-to-rent sectors affect real estate investors? 52:32 - Eliza Owen’s property dumbo About Our Guest: Eliza Owen is an experienced property data analyst with a background in economics. She has worked for Residex, Domain Group, and CoreLogic, specialising in descriptive and inferential data analysis, data visualisation, and framing data trends with broader economic concepts. Eliza is also a passionate communicator who explains economic concepts to diverse audiences. She has presented on the TEDX stage, written for prominent publications, and been a regular commentator on commercial radio and television. Eliza is a popular keynote speaker, having presented to audiences in real estate, construction, banking and finance, property development, and consumer markets. Connect with Eliza Owen: Follow Eliza on LinkedIn: https://www.linkedin.com/in/eliza-owen-2554ab65/ Visit their website: https://www.corelogic.com.au/ Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.blusk.au Work with Chris: hello@blusk.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.

The allure of data in property investment is undeniable, but it's not a one-size-fits-all solution. As we delve into this episode, we'll explore the critical issue of conflicting data points. We often assume data is an infallible foundation for decision-making, but it's how we interpret and contextualise that data that truly matters. What happens when the same dataset tells multiple, even contradictory stories? How do you know which information to trust when making one of the most significant financial decisions of your life? In this episode, we are joined by Jeremy Sheppard, a property data specialist with a passion for uncovering the secrets of great capital growth locations. Back in 2010, Jeremy created the Demand to Supply Ratio (DSR), a groundbreaking predictor of capital growth that has since become a cornerstone for many investors. But Jeremy's journey isn't just about success; it's about the lessons learned through experience. As he puts it, "I think I've made all the mistakes I can for now. From here, it's all about helping other investors avoid the mistakes I made." Join us today as we tackle a topic that's on the minds of every savvy investor: capital growth. What's the secret to achieving it, how should it be measured, and over what time frame? We answer the most common questions that have perplexed investors for years, and it's time to demystify them. So tune in now and equip yourself with the knowledge you need to make confident, lucrative property investment decisions. Episode Highlights: 00:00 - Introduction 01:12 - Who is Jeremy Sheppard? 02:11 - Common mistakes Jeremy experienced and thinks property investors should avoid 04:28 - What are the key takeaways for successful property investment structuring? 08:10 - How Jeremy got into the property data space 12:45 - Understanding the fundamentals of the property market 16:32 - What is the minimum return needed for a short-term investment to be a good bet? 20:17 - How DSR helps in determining when and where to buy and sell a property 26:25 - Metrics and factors to consider when assessing the desirability and potential of a suburb 33:08 - What is the ripple effect of population growth on suburbs? 36:47 - Is it right to use income growth alone as a predictor of property price growth? 38:32 - What are the limitations of using census data for property price growth predictions? 43:06 - Is there a direct correlation between income growth and capital growth in real estate? 46:38 - Potential shortcomings of analysing property market data over a single timeframe 50:44 - Can increased investor activity be a predictive metric for property markets? 54:36 - Is there a middle ground between active and passive property investment? 57:54 - The importance of timing and the factors that influence property purchases About Our Guest: Jeremy Sheppard is a seasoned property investor and data expert who began his real estate journey in 2002, accumulating 15 properties over six years and learning from his experiences. His passion lies in leveraging property data to identify capital growth opportunities, culminating in the creation of the Demand to Supply Ratio (DSR) in 2010 and the launch of dsrdata.com.au in 2015. Jeremy has shared his expertise through 50+ articles for publications like Your Investment Property magazine and appearances on popular property podcasts, as well as on television programs like Sunrise. His extensive knowledge of property data and capital growth makes him a trusted authority in the field, driven by a mission to help fellow investors succeed. Connect with Jeremy Sheppard: Visit Jeremy’s website: https://dsrdata.com.au/ Follow Jeremy on LinkedIn: https://www.linkedin.com/in/jeremy-sheppard-463344b8/ Resources mentioned in this episode: How to Lie with Statistics by Darrell Huff https://www.amazon.com.au/How-Lie-Statistics-Darrell-Huff/dp/0393310728 Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.blusk.au Work with Chris: hello@blusk.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.

Have you ever wondered what it truly requires to become a property forecaster? The surface might suggest economics degrees and positions in prestigious financial institutions, but the accuracy of their predictions often seem to miss the mark by a mile. So, what gives? Are there hidden puzzle pieces they're not seeing or just ignoring? In a world where economic indicators and banking reports often fall short in painting an accurate property market portrait, let's venture beyond the surface-level analysis. Are there hidden variables that escape mainstream attention? Could it be that forecasters are sidelining crucial factors in their projections? Our guest today is none other than Louis Christopher, a distinguished figure in the realm of property research. With the inception of SQM Research in 2006 and his pivotal role at the Australian Property Monitors before that, Louis has carved out a reputation for his astute market outlooks and precise predictions. Buckle up as we challenge the conventional wisdom of property forecasting and probe into the core drivers of real estate valuation. Let's break things down, and get a whole new perspective on what really makes property prices tick – or tank. Episode Highlights: 00:00 - Introduction 01:13 - Our guest for today… 03:38 - Why aren’t banks getting the forecasts accurate? 07:45 - The rental stress and the housing crisis 13:57 - How property listings are affecting property forecasts? 16:53 - Economists when predicting housing trends 20:21 - What most property data experts miss out on 24:16 - What happened to property prices back in 1990 26:43 - Base case forecasts in November 2022 28:34 - How Louis puts together his forecasts 32:47 - How low inflation could impact property prices in 2024 35:10 - What leading indicators influence the housing market? 38:25 - Consumer confidence and the housing market 42:20 - Consumer confidence and consumer spending 47:28 - Resilience in the market 49:04 - The impact of the interest rate cliff on the housing market 52:13 - Should APRA step in and restrict borrowing capacity? 57:16 - Impact of stamp duty on property prices 58:48 - Louis Christopher’s property dumbo About Our Guest: Louis Christopher established SQM Research in 2006. He was Head of Research and General Manager of the property statistics agency, Australian Property Monitors (APM) for six years. During his time at APM, Louis constructed key residential property market indexes published by the Reserve Bank of Australia. Prior to APM Louis spent three years at the Securities Institute of Australia as a Technical Editor. Louis previously spent 18 months at MLC working in the investment services. He is widely respected for the quality and accuracy of his market outlooks, ratings philosophy and forecasts for the Australian residential property market. Connect with Louis Christopher: Connect with Louis on LinkedIn: https://www.linkedin.com/in/louischristopher/ Visit SQM’s website: https://sqmresearch.com.au/ Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker? https://www.blusk.au Work with Chris: hello@blusk.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.