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  • Legislative changes are shaking up property management across Australia, and the impact reaches much further than we might expect. In this episode, we sit down with Cathie Crampton, National Head of Property Management Growth at Belle Property Corporate, to break down how these new laws are reshaping the roles of landlords, property managers, and tenants alike. With two decades of experience across the country, Cathie has insights from every corner of the industry, making her the perfect guide to help us understand what these shifts really mean for all of us.

    We explore how property managers are caught between tenant demands and landlord responsibilities, often feeling the pressure as compliance requirements and expectations grow. We also dig into the impact on property management businesses, where rising costs and tighter rules are forcing agency owners to rethink their approach. From adopting tech solutions to adjusting rent rolls, property managers are finding creative ways to handle these changing landscapes to keep operations sustainable.

    As we wrap up, we look ahead at where the industry might be headed. With regulation on the rise, the role of property managers could shift toward a more professional, advisory focus—but it’s a challenging road ahead. This episode is essential listening for anyone wanting to understand how these policies are reshaping the property market and what lies ahead for all of us.

    Episode Highlights:

    00:00 - Introduction

    01:09 - Who is Cathie Crampton?

    01:54 - How tough has it been for property managers over the last few years?

    05:11 - Latest legislation and compliance requirements affecting property owners in Victoria

    09:07 - What’s the real impact of first home buyers competing with tenants for rental stock?

    12:09 - How has the turnover rate of investment properties changed since COVID?

    14:31 - How are property management businesses coping with rising expenses?

    18:52 - Key changes property managers are making to serve consumers better

    23:00 - What are the implications of the no grounds eviction law on property management?

    26:38 - The impact of the two-week holding deposit rule on renters who can't provide references

    29:22 - Which areas are facing rental market challenges due to investors selling?

    34:40 - Have proptech platforms failed to disrupt the property management industry?

    38:56 - Cathie’s thoughts on reorganising the way property management is done

    43:00 - Should property managers be offering investment advice without proper expertise?

    47:13 - Cathie Crampton’s property dumbo

    About Our Guest:

    Cathie Crampton is the National Head of PM Growth & Performance at Belle Property Corporate, bringing 20 years of success in property management across Australian markets. Her vast real estate experience, combined with strong empathy and business acumen, makes her a valuable asset in optimising PM business returns with principals at the business level. Known for her leadership, mentoring abilities, and passion for real estate, Cathie supports business owners in enhancing their performance while fostering a positive work environment. A respected industry figure and frequent speaker, she embodies Belle Property’s people-focused excellence, contributing significantly to the team.

    Connect with Cathie Crampton:

    LinkedIn https://au.linkedin.com/in/cathie-crampton

    Website https://www.belleproperty.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 [email protected]

    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.flintgroup.au

    Work with Chris: [email protected]

    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.

  • Underquoting, auction tactics, and market sentiment—some of real estate’s most controversial topics. These are exactly what we’re diving into today with Thomas McGlynn, CEO of BresicWhitney. There's no holding back as we talk about the realities behind underquoting, why it’s so hard to avoid in a competitive market, and the fine line agents walk when trying to attract buyers without misleading them.

    As Thomas puts it, even with laws in place, agents are often forced into tough positions: when one agent quotes low, others often have to adjust their guides just to compete. It’s a tightrope that often leaves buyers frustrated and sellers with high expectations.

    We also dig into the auction room itself and the psychology at play there. We take a unique look at how auctioneers manage to draw more from buyers than they initially intend to spend, all without crossing ethical lines. We discuss the difference between registered and active bidders, noting how this insight gives us a real-time view of market confidence—a far more useful indicator than auction clearance rates alone.

    Finally, we share our thoughts on the current market and where we think it’s headed. With interest rates soaring high, buyers are naturally hesitant, but we believe those who buy now could see the rewards by late 2025, especially in sentiment-driven markets like Sydney. Once rates eventually ease, buyer confidence is expected to surge, and we’ll see a market shift. It’s an honest, in-depth conversation about the realities of today’s market, what buyers can expect, and why timing and strategy are everything. Tune in and let's get started!

    Episode Highlights:

    00:00 - Introduction

    01:06 - Who is Thomas McGlynn?

    02:09 - Unique insights Thomas has gained from years in auctioneering

    03:25 - How Thomas gauges the market’s direction beyond bidder numbers at auctions

    06:47 - Thomas McGlynn's thoughts on agents facing underquoting challenges

    15:54 - How do master auctioneers convince bidders to go beyond their budget?

    18:47 - Observation on the new breed of buyers agents in recent years

    21:00 - The current market phase and its impact on buyers through 2025

    26:44 - How do agents manage open databases while complying with privacy legislation?

    31:56 - How does business adapt to lower turnover rates while identifying potential sellers?

    37:55 - What does it take for an agent to get to the top of the game and just stay on top?

    49:32 - Thomas McGlynn’s property dumbo

    About Our Guest:

    Thomas McGlynn is the CEO of BresicWhitney, a Sydney-based property group, and is recognised as one of Australia’s leading thought leaders, mentors, and real estate coaches. With over two decades of experience, he has built and led high-performing teams and held leadership roles within national real estate groups in Queensland and Sydney. Known as the ‘voice of Sydney property,’ Thomas has a strong media presence and is an authority on current and emerging market trends, utilizing his extensive auctioneering expertise to educate and inform both state and national audiences about the dynamics of the Sydney property industry.

    Connect with Thomas McGlynn:

    Instagram https://www.instagram.com/thomasmcglynn/ LinkedIn https://www.linkedin.com/in/thomas-mcglynn-96604464/ Facebook https://www.facebook.com/tmcglynn/ Website https://bresicwhitney.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 - [email protected] 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.flintgroup.au Work with Chris: [email protected]

    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.

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  • Is putting property into your SMSF a good idea, or could it be too risky? SMSF advisor Liam Shorte from Sonas Wealth joins us today to explore this hot topic, giving practical insights on the benefits of more control, tax advantages, and the hidden costs and risks that SMSF investors often miss.

    We explore the appeal of property investment within an SMSF for those aiming to diversify their retirement strategies, with Liam highlighting both the potential benefits and risks involved. While property can offer control and growth, Liam has seen many investors fall prey to unqualified advice and costly mistakes. The key, he says, is understanding the rules and avoiding schemes marketed as “one-stop-shops”—these setups often come with high risks and may not align with an investor’s long-term goals.

    We also emphasise the importance of maintaining balance within an SMSF portfolio, ensuring that there’s adequate liquidity to support flexibility as life stages and retirement plans evolve. Compliance is another major factor, as SMSFs face strict ATO oversight. From penalties to complex reporting, there’s no margin for error, and Liam illustrates this with examples from clients who have successfully coursed through these requirements by investing thoughtfully, like buying commercial property to lease back to a family business.

    Throughout the episode, Liam shares insights on managing SMSF property investment with smart, tailored strategies. His practical advice provides a framework for building an SMSF that fits your financial goals without overloading on risks or overlooking critical tax and compliance obligations.

    Episode Highlights:

    00:00 - Introduction

    01:02 - Who is Liam Shorte?

    01:49 - What is a fellow SMSF specialist advisor?

    02:43 - What is an SMSF?

    04:52 - Biggest risks in handling SMSF funds for different retirement stages

    06:14 - How to manage trustee disagreements in SMSF strategy setting

    08:33 - Has competition shifted SMSF drivers from fee savings to investment options?

    12:24 - Key compliance and cost factors to think about when starting an SMSF

    16:11 - Are people finally realising the full potential of super contributions?

    19:31 - The implications of investing in property through super for younger investors

    24:04 - Is an SMSF right for you? Who should consider it?

    27:24 - Are women better investors than men?

    33:21 - The dangers of focusing solely on residential property in an SMSF

    35:36 - Mitigating the risks of having an unbalanced SMSF portfolio heavily focused on property

    42:11 - Common mistakes investors make with residential property in their super

    51:36 - Liam Shorte’s property dumbo

    About Our Guest:

    Liam Shorte, a Fellow SMSF Specialist Advisor™ and Financial Planner with Sonas Wealth, brings 30 years of experience across Australia, Ireland, the UK, and the Middle East. Liam specialises in superannuation, retirement, estate planning, investment, and tax strategies, with a strong focus on Self-Managed Super Funds and Family Trusts. His blog, The SMSF Coach, demystifies industry jargon for SMSF trustees. He advises clients across NSW, QLD, and Victoria, and has earned accolades, including SMSF Adviser of the Year (2021) and a place in Barron’s Top 50 Financial Advisers in Australia. Liam holds a Bachelor of Business, Advanced Diploma in Financial Services, and multiple industry certifications, and in 2024, was appointed to ASIC’s Financial Advisers Consultative Panel.

    Connect with Liam Shorte:

    LinkedIn https://au.linkedin.com/in/liamshorte Website https://smsfcoach.com.au/ Instagram https://www.instagram.com/smsfcoach/ Sonas Wealth Website https://www.sonaswealth.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 [email protected] 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.flintgroup.au Work with Chris: [email protected]

    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.

  • We’re all familiar with energy ratings on appliances and cars, but what if your home came with one too? Could this be where the housing market is headed? Today, we sit down with Cecille Weldon, Australia’s top expert in residential energy efficiency, to explore what this could mean for the future of housing. Could energy ratings become the next game-changer in real estate?

    Cecille breaks it down for us — how homes might be rated, who will cover the costs, and whether property buyers and tenants are really willing to pay more for energy-efficient living. With rising energy costs and climate change in the spotlight, this couldn’t be a more timely discussion.

    We also talk about the big moves happening behind the scenes with Cecille giving us the scoop on her work with the NSW Government’s Sustainable Homes team, which is pushing for energy ratings to become a standard at the point of sale or rent.

    It’s all about making homes healthier, more comfortable, and cheaper to run in the long term. Tune in to understand how these upcoming changes could reshape the property landscape — and what it potentially means for your next move. Let's get started!

    Episode Highlights:

    00:00 - Introduction

    01:12 - Who is Cecile Weldon?

    02:29 - How has livability and sustainability evolved in the property industry since?

    05:27 - What role does energy efficiency play in property value beyond just purchase price?

    09:05 - How are rising energy costs affecting buyers' decisions in the property market?

    13:03 - The complexities of property value and buyer behaviour in the property market

    19:35 - Are homeowners choosing kitchen upgrades over energy efficiency improvements?

    21:31 - Will energy efficiency standards for properties be mandatory or voluntary in Australia?

    25:51 - Will energy efficiency improvements be viewed as non-essential expenses?

    30:10 - How properties are going to be assessed for energy efficiency plus potential costs

    32:56 - Will living in a home for 10-15 years drive the adoption of energy-efficient solutions?

    38:34 - How homeowners can make energy-efficient changes without big expenses

    43:13 - Are investors in Victoria required to upgrade to new energy standards?

    47:10 - Challenges in the real estate sector regarding energy efficiency upgrades

    50:45 - What challenges exist for upgrading energy efficiency in strata buildings?

    53:00 - How to encourage strata owners to prioritise cladding safety upgrades?

    58:07 - Cecille Weldon’s property dumbo

    About Our Guest:

    Cecille Weldon is the founder of Future Agent Academy and director of Weldonco Advisory, recognised as one of Australia's leading experts in residential energy efficiency, property value, and the property marketing sector. An accomplished Proptech entrepreneur with a background in real estate, franchising, research, communications, and education, Cecille provides insights on consumer demands, the impact of climate change, and new regulations in the property industry. With qualifications including a BA, DipEd, and GradDipLing, she has developed courses for real estate agents and serves on various boards, including the Proptech Association and the REEDI Forum. Cecille's passion lies in enhancing property capabilities, emphasising the importance of energy efficiency in boosting property value, and addressing the need for healthier, more affordable homes.

    Connect with Cecille Weldon:

    LinkedIn https://www.linkedin.com/in/cecille-weldon-56100a13/ Weldonco's Website https://www.weldonco.com.au/ Future Agent's Website https://www.futureagent.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 - [email protected] 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.flintgroup.au Work with Chris: [email protected]

    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.

  • What’s really going on in Australia’s property market? In this episode, we sit down with Cameron Kusher, Executive Director of Economic Research at REA Group, to unpack the trends shaping the Australian property market right now.

    With access to some of the country’s most comprehensive property data, Cameron sheds light on what buyers are searching for, where listings are rising, and how this all connects to transactions and prices.

    We dig into regional differences in price growth—why places like Perth and Adelaide are surging, while Melbourne struggles—and what’s driving these changes. Cameron explains how the rental market is finally loosening up, making it easier for sellers to transition, and we discuss the growing influence of investors in certain areas. We also talk through the impact of interest rates and how expectations of future cuts are influencing sellers’ behaviour.

    There’s a fascinating shift happening with buyers too—more selectiveness, fewer bidders at auctions, and changing preferences driven by necessity rather than desire. We touch on how affordability is pushing renters out to the fringes, and Cameron shares insights into how the work-from-anywhere trend is reshaping migration patterns.

    This episode really gets under the hood of the property market. If you’re curious about how things are tracking and what’s around the corner, you won’t want to miss it!

    Episode Highlights:

    00:00 - Introduction

    01:09 - Who is Cameron Kusher?

    01:39 - How is the spring market shaping up for real estate?

    03:33 - Spring selling season dynamics

    06:02 - Regional market trends and price divergence

    08:26 - Is property market urgency on the rise based on recent search data?

    14:00 - Perth's unique market conditions

    17:25 - How does REA view the long-term decline in property turnover rates?

    20:00 - Factors influencing established dwelling prices

    23:20 - Which property types or areas show the best capital growth based on transaction data?

    25:24 - Key factors that contribute to the established dwelling price movements

    28:47 - Are relocation trends shifting based on geotagged property inquiries?

    35:00 - Have you noticed a drop in online demand as rental price growth has slowed recently?

    39:13 - Are you seeing trends in rental properties being sold as investors exit the market?

    46:33 - What exciting innovations in buyer products are on the horizon at REA?

    50:11 - Cameron Kusher’s property dumbo

    50:42 - Is there alignment between the PIPA survey results and REA’s online user interest?

    About Our Guest:

    Cameron Kusher is the Executive Director of Economic Research at REA Group, with 20 years of experience across residential and commercial property sectors. His expertise spans valuations, property development, consulting, and market research, giving him a deep understanding of demographics, trends, and economics. Before joining REA, he spent over 11 years at CoreLogic as Head of Research for Australia. Cameron oversees the production of REA’s market reports and engages with media, customers, and industry stakeholders. Known as a thought leader, he frequently provides commentary, delivers keynote speeches, and writes on housing trends, demographics, mortgage markets, and industry opportunities. He holds a Bachelor of Applied Science in Property Economics from Queensland University of Technology.

    Connect with Cameron Kusher:

    Website https://realestate.com.au/ LinkedIn https://www.linkedin.com/in/cameron-kusher-bbb71b46/

    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 [email protected] 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.flintgroup.au Work with Chris: [email protected]

    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 it be that investors are both selling off properties and borrowing record amounts of money at the same time? In a market with rising interest rates, stricter tenancy laws, and increasing property taxes, why is investor activity still so high? And what does this say about the future of property investment in Australia?

    In this episode, we are joined by Stuart Wemyss from ProSolution Private Clients to dig into this situation and break down why, despite all the economic pressures, investor lending is hitting all-time highs in some regions, like Western Australia, while cities like Melbourne and Sydney are feeling the pinch. We talk about how government policies, borrowing capacities, and market psychology are driving these surprising trends.

    We also talk about the mindset behind continued property investment – especially in more affordable markets – and why the belief in property as a wealth builder remains so strong. There’s a lot more to it than just the numbers.

    So if you’re trying to wrap your head around what’s happening in the property investment space right now, this episode will give you the clarity and insight you need to make sense of it all.

    Episode Highlights:

    00:00 - Introduction

    01:13 - Who is Stuart Wemyss?

    01:50 - Is now an ideal time for property investment?

    07:01 - Did pre-2013 lending levels ever match today’s highs?

    14:03 - Will banks create new products to help first home buyers enter the market?

    16:42 - What's really behind the rising investor borrowing and selling rates?

    19:13 - How is the shift to investment properties changing Australia's rental dynamics?

    36:03 - Is there a shift in investor behaviour due to upcoming policy discussions?

    38:53 - Is there growing interest in using superannuation to invest in property?

    42:05 - How are current borrowers responding to the potential direction of interest rates?

    43:45 - What attitudes are shifting among generations in the Melbourne property market?

    52:10 - Stuart Wemyss’ property dumbo

    About Our Guest:

    Stuart Wemyss is a qualified chartered accountant, independent financial adviser and mortgage broker with over 20 years' experience. His business, ProSolution Private Clients, has helped hundreds of people invest successfully. Stuart is licensed to provide financial, credit and tax advice, which means he's able to give holistic advice.Stuart has always believed in the need for people to be able to access trustworthy, independent financial advice. Nothing upsets him more than to hear about selfish advisers ripping off their unsuspecting clients! This passion is what drives him daily to write books and blogs, publish podcasts, appear in the media, advise his clients, mentor his staff and give presentations &– whatever it takes to help more people access a source of unbiased information and advice.

    Connect with Stuart Wemyss:

    Follow Stuart on LinkedIn: https://www.linkedin.com/in/stuartwemyss/ Check out Stuart’s book: https://www.prosolution.com.au/buy-investopoly/ Visit Stuart’s website: https://www.prosolution.com.au/ Listen to Stuart’s podcast: https://podcasts.apple.com/ph/podcast/investopoly/id1348458167

    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 [email protected] 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.flintgroup.au Work with Chris: [email protected]

    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.

  • Why are so many property investors pulling out of the market, and what’s driving this trend? In this episode, we dive deep into the findings of the 2024 PIPA Investor Sentiments Survey with Nicola McDougall, Chair of The Property Investment Professionals of Australia (PIPA). The survey uncovers some surprising data, challenging common assumptions about where and why investors are selling their properties.

    Nicola sheds light on the growing trend of investors abandoning the property market and shares insights into what’s fueling their decisions. Are rising interest rates to blame, or are there deeper, underlying factors at play? We explore how the shifting landscape is affecting the future of property investment in Australia.

    Join us as we discuss the current state of the market and explore strategies investors can consider amidst the uncertainty. Stick around for this eye-opening discussion as you wouldn’t want to miss these insights!

    Episode Highlights:

    00:00 - Introduction

    01:05 - Who is Nicola McDougall?

    01:55 - Why Nicola’s last episode went viral, and if her new research has the same impact

    04:29 - What internal and external insights emerged from the 2024 PIPA investor survey?

    10:56 - A comparison of this year’s (2024) survey results from last year’s (2023)

    13:07 - Why new investors are avoiding apartments and choosing established houses

    14:41 - Is government intervention driving investors out of the market?

    20:52 - Is government intervention worsening the rental crisis for investors?

    28:36 - What’s driving investors to exit the market?

    36:12 - Are there any positive results in the 2024 PIPA investor sentiment survey?

    39:53 - PIPA's breakthroughs, and their role in maintaining high standards

    45:18 - The importance of being a member of either PIPA/REBAA

    50:25 - Nicola McDougall’s property dumbo

    About Our Guest:

    Nicola McDougall has served as the Chair of PIPA (Property Investment Professionals of Australia) since early 2022, bringing to the role her expertise as an award-winning property and finance journalist, author, and successful property investor. As the Director of Bricks & Mortar Media, she has co-authored notable works such as "The Female Investor: Creating Wealth, Security & Freedom Through Property," which secured the personal finance and investment category award at the 2022 Australian Business Book of the Year. Additionally, Nicola has contributed to the 3rd edition of "Property Investing For Dummies" and authored the 1st editions of "Buying a Property for Dummies" and "Property Investing Essentials for Dummies," all published in 2023 by Wiley. With a background as the former editor of Australian Property Investor magazine and head of corporate affairs at the REIQ, Nicola has been a dedicated PIPA board director since 2014.

    Connect with Nicola McDougall:

    Nicola’s LinkedIn profile https://www.linkedin.com/in/nicola-k-mcdougall/

    Resources mentioned in this episode:

    The Elephant in the Room Property Podcast Episode #307: Why Are Investors Abandoning the Australian Rental Market? https://www.theelephantintheroom.com.au/podcasts/307 2024 PIPA Investor Sentiment Survey https://www.pipa.asn.au/pipa-annual-property-investor-sentiment-survey-2024/

    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 [email protected] 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.flintgroup.au Work with Chris: [email protected]

    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.

  • Is equity the most underused wealth-building tool? Owen Rask believes it is—and we’re missing out by not tapping into it. In this episode, we sit down with Owen from the Rask Group to explore how equity, particularly in property, can be a game-changer for growing your wealth. From property investment to ETFs and self-managed super funds (SMSFs), Owen breaks down how leveraging equity can open up opportunities you may not have considered.

    We also get into financial literacy in Australia, and Owen has some sharp insights. While more people are paying attention to their finances, many are still making risky decisions due to a lack of understanding. Owen highlights the importance of asking the right questions and getting proper advice to avoid costly mistakes.

    Curious about SMSFs? Owen unpacks the risks and rewards of SMSF property investing and explains why it’s crucial to diversify. He also shares why you need to be cautious about SMSF lending schemes and one-stop-shop setups that might not always have your best interests at heart.

    As we look ahead, Owen talks about how AI could reshape financial advice and offers practical tips on how to protect yourself from scams in an increasingly digital world. This episode is packed with actionable insights that can help you take control of your financial future. Don’t miss it!

    Episode Highlights:

    00:00 - Introduction

    00:59 - Who is Owen Rask?

    01:53 - Owen Rask’s take on the financial literacy in Australia

    05:28 - Should you consider purchasing property through a self-managed super fund?

    12:50 - What people need to think about before setting up an SMSF

    16:03 - Where to go for guidance on managing your super effectively?

    27:12 - Fractional property investment and what Owen thinks about it

    34:13 - Is the perceived safety of ETFs being undermined by riskier funds?

    37:21 - Is AI going to make it easier to get holistic and cost-effective advice?

    50:40 - How to protect yourself from scams in an increasingly digital & tech-reliant environment

    55:48 - Owen Rask’s property dumbo

    About Our Guest:

    Owen Rask is The Rask Group's Founder, and Chief Investment Officer of Rask Invest. He also co-founded and is a Partner at Inflection, the business accelerator. Owen holds Masters Degrees in Financial Planning and in Applied Finance, and a Bachelor's Degree of Technology. Owen co-hosts podcasts and live shows with over 200,000 unique monthly listeners. Rask has now enrolled 30,000 Aussies into free online finance courses, on a pathway to 100,000 before 2027.

    Connect with Owen Rask:

    Website https://www.rask.com.au/

    Resources mentioned in this episode:

    The Wolf of Wall Street: Money Lessons & Financial Scams to Avoid https://bit.ly/3Bbdlkd

    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 - [email protected] 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.flintgroup.au Work with Chris: [email protected]

    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.

  • Why do Alec and Bryce from Equity Mates think the next generation won’t own homes? In this episode, we have a chat with Alec Renehan and Bryce Leske, the co-founders of Equity Mates Media, to explore why more young Australians are steering away from the idea of property ownership and leaning towards investing in shares instead.

    We discuss how the wealth gap between those who can get financial help from family and those who can’t is influencing this shift. How is this gap making property less accessible for younger generations? And why are many looking to the stock market as a more viable option for building wealth?

    Throughout the episode, we cover the challenges young people face when trying to enter the property market and what they’re considering as alternatives. Alec and Bryce share their insights from years of working with young investors and reflect on the changing attitudes towards property and investing.

    If you’re curious about how investing mindsets are evolving, this is an episode you won’t want to miss. Tune in and let's dive right into it!

    Episode Highlights:

    00:00 - Introduction

    01:05 - Who are our guests for today?

    02:22 - Why is Equity Mates so successful as a podcast?

    04:04 - How do you balance finance discussions and compliance?

    08:12 - Are young Australians moving from property to equities for wealth building?

    11:12 - The psychological security of property ownership

    13:31 - Has international investing become more popular due to US tech success?

    20:03 - Is bad advice also common in your industry due to people seeking easy solutions?

    23:53 - How the focus on behavioural finance has changed their understanding of investing

    26:49 - Lessons from investment errors reflect the serious impact of choosing the wrong path

    31:15 - How Alec & Bryce balance their core investment strategies with new investment ideas

    36:41 - After a recent purchase, did your perceptions of property investing change?

    40:33 - The benefits of using a buyer’s agent and the importance of expert advice

    50:05 - Is it true that the best property deals are reserved for those who pay for early access?

    56:19 - Do you have a notable property investment fail story?

    About Our Guests:

    Alec Renehan and Bryce Leske are the cofounders of Equity Mates, Australia's #1 finance and investing brand for young Australians. They met at university and both developed a passion for investing. As they spoke to friends and family about their interest, they realised a lot of people faced the same challenges. So, they set out to record their journey of learning to invest, in the hope others would join them. Equity Mates Investing Podcast was started in 2017 and in the years since has grown a community of young investors in Australia and around the world.

    Connect with Alec and Bryce:

    Website https://equitymates.com/ Alec Renehan’s LinkedIn https://www.linkedin.com/in/alec-renehan/ Bryce Leske’s LinkedIn https://www.linkedin.com/in/bryce-leske/ Equity Mates Investing Podcast https://equitymates.com/show/equity-mates-investing-podcast/ Get Started Investing Podcast https://equitymates.com/show/get-started-investing-podcast/

    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 [email protected] 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.flintgroup.au Work with Chris: [email protected]

    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.

  • Are you ready to find out where property investors are putting their money and what trends are shaping the market right now? In this episode, we dive deep into the latest suburb trends report and explore the surprising insights revealed by the latest property investment data.

    From unexpected investment hotspots in Sydney and Melbourne to some major shifts in regional markets like Perth and Adelaide, this conversation will give you a fresh look at where investors are heading—and why.

    We're joined by Kent Lardner, our resident property geek and we break down the numbers behind the rising trends in investor activity. We discuss how investor lending has been on the rise, why houses are dominating the market, and where clusters of activity are emerging across the country.

    If you’ve been wondering where the smart money is flowing, this episode will give you the answers. Tune in for an in-depth look at what the data is saying and what it means for investors right now. This is a must-listen for anyone keen to understand the latest movements in the property space!

    Episode Highlights:

    00:00 - Introduction

    01:00 - Analysis of the top 25 SA4 regions shows surge in house purchases in Sydney & Melbourne

    03:11 - Detailed analysis of the top 25 SA4 regions

    08:11 - Abundance of properties in & around Beverly Hill influenced by the new metro in Sydney

    09:36 - Why are Sydney and Melbourne seeing increased interest in different property types?

    16:13 - Could property investors buying apartments in Melbourne be influenced by land tax?

    17:31 - What factors are influencing suburb choices in Perth right now?

    19:02 - What are the major rental surge figures across Australia’s states?

    23:53 - Is the surge in investor activity due to first time home buyers or new market areas?

    27:13 - Comparing investment markets: Sydney, Melbourne, and Brisbane

    39:29 - Has there been a notable rise in inventory, and how might this affect market prices?

    45:06 - How are construction shortages and low approvals influencing the property market?

    46:29 - Kent talks about his newly launched partnership with Faith Housing Australia

    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 Suburb Trends, 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 [email protected] 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.flintgroup.au Work with Chris: [email protected]

    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.

  • Why is it so tough to ramp up housing supply when it seems like everyone’s talking about it? In this episode, we’re joined by Jill Garner, the Victorian Government Architect, who gives us a behind-the-scenes look at why boosting supply isn’t as simple as just setting targets. Jill brings her extensive experience to the table, sharing insights into the realities of urban planning and design from both government and industry perspectives.

    Jill helps us understand the challenges that come with trying to increase housing supply discussing the struggles that state and local governments face in balancing the need for more homes with the importance of good design and quality construction. She explains why meeting housing targets isn’t just about making plans—it’s about dealing with real-world obstacles like costs, time, and planning rules.

    Our conversation also touches on the “Future Homes” initiative, which aims to provide more housing options in Melbourne’s suburbs without sacrificing livability and explore why simply rezoning areas for higher density doesn’t automatically result in new homes and what’s really holding back development.

    This episode is perfect for anyone who wants to understand the real reasons behind the housing shortage and what needs to happen to make more homes available. The insights presented in this episode offer a clear look at the challenges and possibilities in solving this complex issue. So let's dive right into it!

    Episode Highlights:

    00:00 - Introduction

    01:06 - Who is Jill Garner?

    02:38 - What is a government architect and their role in the Victorian government

    05:04 - How does each level of government address housing supply and affordability issues?

    08:02 - How does the state government coordinate with local councils in Victoria?

    10:48 - Is Melbourne seeing similar government rhetoric on housing density as other places?

    12:59 - Where is the disconnect between housing targets and actual construction?

    15:33 - Can pre-designed homes compete with custom builds?

    22:45 - Can rezoning truly improve housing affordability, or is something missing?

    25:18 - Is the pushback on future homes driven by consumer resistance or developer concerns?

    28:55 - How are Victoria's ongoing projects impacting developers' building costs and decisions?

    33:28 - Is Melbourne better equipped for density with its transport system?

    38:52 - How can Melbourne address city-level needs and past high-density apartment mistakes?

    43:37 - Should other states follow Melbourne’s lead on sustainability and passive design?

    48:24 - How are government plans for Melbourne adapting to the rise in remote work?

    52:58 - Jill Garner’s property dumbo

    About Our Guest:

    Jill Garner, the first woman to serve as Victorian Government Architect, was appointed in 2015 and brings 40 years of experience in both practice and government. She leads a team promoting integrated design and collaboration within the state government. Jill continues her architectural practice through Garner Davis Architects, which has earned numerous awards. An RMIT Masters by Design alumnus, she has taught at RMIT and Melbourne Universities and served on several industry boards. Jill chaired the Australian Committee for the 2018 Venice Architecture Biennale and became a Life Fellow of the Australian Institute of Architects, receiving the President’s Prize in 2022. In 2023, she was appointed Member of the Order of Australia for her contributions to architecture, education, and professional associations.

    Connect with Jill Garner:

    Office of the Victorian Government Architect https://www.ovga.vic.gov.au/jill-garner Garner Davis Architects https://garnerdavis.com.au/ LinkedIn https://www.linkedin.com/in/jill-garner-ab5a214a/

    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 - [email protected] 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.flintgroup.au Work with Chris: [email protected]

    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 does the UK property market compare to ours here in Australia? In this episode, we sit down with Martin North from Digital Finance Analytics to really break it down. We’re diving into what makes the UK property market tick and how it stacks up against what we see in Australia. What are the key drivers over there? And how do they align—or differ—from what’s happening on our home turf?

    Martin’s got a ton of insights on property trends across the globe, and in our conversation, we dig into the unique factors shaping the UK market, from economic policies to how buyers behave. Are there things we can take away from the UK’s approach, or are we carving out our own distinct path here in Australia?

    We also get into how history and culture influence the property scene in each country. Are there common threads, or are the differences too big to ignore? Most importantly, what can Australian investors learn from the UK’s journey in the property market?

    If you’re looking to expand your knowledge of global property markets or just want a fresh perspective on what’s happening here in Australia, this conversation with Martin North is one you won’t want to miss. Tune in as we explore the dynamics of the UK and Australian property markets, and discover valuable insights that could impact your next investment decision.

    Episode Highlights:

    00:00 - Introduction

    00:57 - Who is Martin North?

    03:48 - Can Australia gain confidence from the UK's inflation decline?

    07:35 - How does the UK's property investment culture compare to that of Australia’s?

    11:04 - Proportion of owner-occupier vs rented property in UK

    13:51 - Has borrowing capacity in the UK stayed steady despite rate hikes?

    18:55 - How does city migration in the UK compare to Australia?

    21:30 - Is there a trend of early wealth transfer in the UK for earlier housing market entry?

    26:40 - How do UK and Australian rental issues compare?

    28:16 - Despite the UK investing more in social housing, why is there still a shortage?

    32:51 - Has the existence of inheritance tax impacted entry into the housing market?

    33:50 - Over 5 years of hosting "Walk the World", how have your views and insights evolved?

    40:00 - How should one approach property investment after missed chances?

    45:55 - How does Martin feel about the property market’s outcome?

    49:58 - Can the UK manage the demand for millions of new homes?

    51:51 - Martin North’s property dumbo

    About Our Guest:

    Martin North is a prominent researcher who specialises in the mortgage lending, savings payments, and superannuation sectors. He is the founder of Digital Finance Analytics — a boutique research, analysis, and consulting firm. He has a long history of research in mortgage stress in Australia and publishes relevant indices on defaults, mortgage stress, and consumer confidence. In addition to his work in finance, he curates the YouTube channel "Walk the World," where he covers finance and property news with a distinctively Australian flavour and invites controversial guests. He is also a founding director of Asbestos Awareness Australia, a registered charity he established with his late wife, Jill, in 2021.

    Connect with Martin North:

    Subscribe to Martin’s YT Channel “Walk the World”: https://www.youtube.com/c/walktheworlddfa Connect with Martin North on LinkedIn: https://www.linkedin.com/in/martin-north-6a799182/ Visit Martin North’s website: https://www.digitalfinanceanalytics.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 [email protected] 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.flintgroup.au Work with Chris: [email protected]

    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.

  • Strata management—it’s one of those areas in property where things can get tricky if you’re not in the know. In this episode, we’re joined by Michael Teys, who’s been in the trenches of strata for years, tackling some of the biggest issues that come up in this space. If you’re involved in a strata scheme—whether as an owner, investor, or part of a committee—this is a conversation you just can’t afford to miss.

    Today, we dive into the real problems that strata communities face every day. From dealing with disputes that can turn neighbors into enemies to sorting out financial messes that can sink a scheme, he’s got the inside scoop on what works and what doesn’t.

    We also chat about the legal side of things—what’s changing, what’s staying the same, and how it all impacts you.

    But it’s not all doom and gloom. We also talk about how to keep the peace in a strata setup and why being proactive can save you a world of headaches. And as for the future? We touch on where strata management is heading and what that means for everyone involved.

    This is your chance to get a handle on the biggest issues in strata management today, straight from someone who’s seen it all. So, grab a coffee, settle in, and get ready to learn from one of the best in the business. Let's get started!

    Episode Highlights:

    00:00 - Introduction

    01:03 - Who is Michael Teys?

    02:22 - What did the ABC Four Corners exposé reveal about controversial strata practices?

    10:23 - How strata managers started charging like real estate agents, and how they can regain trust

    16:50 - Are strata companies or owners to blame for management issues?

    21:36 - What are the challenges in keeping good strata professionals?

    30:11 - What are the obstacles to reforming strata management?

    36:06 - Does unpaid service affect local government and strata roles?

    40:01 - Are builders learning from past strata mistakes? Will quality improve?

    44:17 - Given the current leadership vacuum, where might we see effective leadership emerge?

    50:27 - Michael shares a lesson/humorous story in property that we can all learn from

    About Our Guest:

    Michael Teys is one of Australia’s leading strata experts. He works for corporate owners of strata property, property professionals and strata managers providing advisory, research and training on complex strata issues. With over 30 years’ experience in strata titled property issues, Michael is now an advisor to corporate and institutional owners of strata property. He is a member of the City Futures Research Centre at UNSW and provides training to strata managers and allied property professionals.

    Connect with Michael Teys:

    Website https://michaelteys.com/ LinkedIn https://www.linkedin.com/in/michaelteys/

    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 - [email protected] 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: [email protected]

    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.

  • Australia's housing market is in turmoil, but can it be fixed? In this episode, we sit down with respected financial journalist Alan Kohler to delve into the roots of this ongoing crisis and explore potential solutions.

    Alan shares his insights on why first-time home buyers today face far greater challenges than those in previous generations and how the housing sector has become a critical pillar of Australia's economy, unlike in many other nations.

    We also dive into Alan's provocative assertion that housing wealth is both “meaningless and destructive.” What does he mean by this? How can something that seems so vital to our financial security be harmful in the long run? Alan unpacks a fresh perspective on the true cost of our housing obsession.

    His unique take on the interplay between housing and the economy provides valuable insights for anyone concerned about the future of homeownership and economic stability in Australia. This episode is essential listening for those looking to understand the broader implications of our housing policies and what changes are needed to secure a more equitable future. So tune in now!

    Episode Highlights:

    00:00 - Introduction

    01:05 - Who is Alan Kohler

    01:35 - Has alan shifted his stance on the housing affordability issue?

    04:32 - The societal impact of high house prices on the market

    14:11 - How are zoning changes impacting the marginal buyer in real estate?

    18:18 - Will setting development targets & rezoning lands be enough to address housing needs

    24:17 - Is the current housing allocation system inefficient?

    26:47 - Is it easier for politicians to pass policies for investors rather than homeowners?

    30:56 - Do recent tenancy reforms fail to balance support for tenants and landlord flexibility?

    35:40 - Is investing in property part of the Australian national psyche?

    38:51 - How Alan's research impacted his perspective on future growth or risks

    43:18 - Why encourage build-to-rent over build-to-sell?

    47:24 - Is there a relationship between the lack of a recession and house price growth?

    53:37 - Housing wealth is both “meaningless and destructive”

    55:32 - Alan Kohler’s property dumbo

    About Our Guest:

    Alan Kohler is one of Australia's most experienced commentators and journalists, a television personality, and a former newspaper editor. He is the former editor of The Australian Financial Review and The Age, and was business and economics editor of The 7.30 Report. In addition to being CEO of Eureka Report and Business Spectator, Alan is the finance presenter on ABC News and host of Inside Business on ABC TV.

    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 - [email protected] 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: [email protected]

    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.

  • Are short-term rental platforms like Airbnb contributing to the worsening of the housing affordability crisis by reducing the availability of long-term rental properties?

    This shift towards short-term rentals makes it increasingly difficult for people to find affordable homes, driving up rental prices and increasing housing instability for vulnerable populations.

    Join us as Karl Fitzgerald, founder and director of Grounded, brings his extensive research to the table. Karl talks about how Airbnb and similar platforms impact housing markets, particularly in regional areas, and offer insightful solutions based on his findings.

    Tune in to explore the intersection of short-term rentals and housing policy, and discover innovative community-driven solutions that could help address the housing crisis while balancing the needs of both tourists and residents.

    Episode Highlights:

    00:00 - Introduction

    01:12 - Who is our guest for today?

    06:04 - How Karl responded to the shift in rental proportions

    07:50 - Is it possible to measure long-term rentals converted to short-term?

    11:08 - Do short-term rental limits create property scarcity unintentionally?

    17:37 - How does car-based and/or public transport influence short-term rental markets?

    22:19 - How are communities still functioning when core workers can’t find housing?

    23:31 - Is the housing shortage phenomenon unique to Australia?

    26:44 - Has the report's media attention resulted in any significant change?

    28:39 - How does a community land trust work?

    35:28 - Are community land trusts already operational in Australia?

    44:18 - Karl Fitzgerald’s property dumbo

    About Our Guest:

    Karl Fitzgerald, founder and Director of Grounded, is an economist with a distinguished background as the former Director of Research at Prosper Australia. Over 18 years, he led research on speculative investment and housing affordability, including directing the Speculative Vacancy reports that contributed to the Victorian Vacancy Tax. Karl also championed Victoria’s Rezoning Windfall Gains Tax to reinvest rezoning profits into community infrastructure. His 2022 report challenged the belief that increasing housing supply alone improves affordability. Karl advocates for Community Land Trusts as a community-led alternative to current housing models, emphasizing equity and justice.

    Connect with Karl Fitzgerald:

    Website https://grounded.org.au/ Instagram https://www.linkedin.com/in/karl-fitzgerald/

    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 - [email protected] 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: [email protected]

    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.

  • Are you grappling with decisions about your investment property? In this episode, we dive into a range of listener questions to provide the insights you need. We’ll explore the impact of land tax variations across different states and discuss the pros and cons of buying in A-grade versus B-grade suburbs. Our discussion also touches on the reasons behind the surge in properties for sale in lifestyle areas post-COVID, shedding light on the market dynamics at play.

    We tackle the tough decision of whether to sell an investment property to upgrade your primary home, providing practical advice to help you weigh your options. Additionally, we answer a listener’s question about how land tax changes affect traditional holiday destinations, offering a fresh perspective on generational property sales and their social impacts.

    To round out the episode, we share a “listener Dumbo” segment, highlighting lessons learned from real-life property decisions. Tune in for a comprehensive yet concise discussion that will help you navigate the complexities of property investment with confidence.

    Episode Highlights:

    00:00 - Introduction

    01:20 - Why are so many properties for sale in holiday destination markets?

    07:23 - What negative gearing reforms could balance investor interests and housing affordability?

    17:56 - Fact check regarding the heritage status and development in Edgecliff

    22:50 - Should I invest in property outside Victoria due to land tax?

    31:04 - Which is wiser: A-grade home in a B-grade area or vice versa?

    50:00 - Listener dumbo

    Resources mentioned in this episode:

    The Elephant in the Room Property Podcast Ep 330: What’s Behind Melbourne’s Unusual Property Market Behaviour? https://www.theelephantintheroom.com.au/podcasts/330 The Elephant in the Room Property Podcast Ep 333: Is Increased Housing Supply the Real Solution to this Housing Crisis? http://www.theelephantintheroom.com.au/podcasts/333

    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 - [email protected] 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: [email protected]

    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.

  • Are you curious about how demographic changes will shape the property market in the coming decade? In this episode, we chat with Simon Kuestenmacher from The Demographic Group to dive into the evolving trends in wealth transfer and their impact on housing.

    Simon gives us some great insights into the demographic factors affecting today’s wealth transfer, exploring how predictable these shifts are and how major events like COVID-19 change market dynamics. We talk about how baby boomers handle inheritance differently based on their experiences and how this intergenerational wealth transfer impacts the property market over the next decade.

    We also touch on the broader economic effects of demographic trends, like their impact on interest rates and wage demands in a tight labor market. Simon shares his take on the government’s ambitious goal of creating 1.2 million dwellings in five years and how that’s going. Plus, we explore how elderly home preferences influence property challenges and the ongoing debate about different work arrangements in Australia.

    Join us for this engaging chat that unpacks the future of property demographics and gives you a solid understanding of the factors that shape the market in the years to come.

    Episode Highlights:

    00:00 - Introduction

    01:10 - Who is Simon Kuestenmacher?

    02:09 - What are the demographic insights on today's wealth transfer and its predictability?

    03:55 - Are demographic trends and major events like COVID-19 influencing market dynamics?

    06:12 - Have baby boomers started giving inheritance sooner due to their own experiences?

    15:45 - The impact of demographic trends on interest rates in Australia

    18:32 - How does inflation influence wage demands when labor is scarce?

    21:41 - How intergenerational wealth transfer is likely to impact the property market

    26:40 - Current state & future trajectory of the debate surrounding different work arrangements

    31:52 - How can Australia address the workforce shortage linked to its aging demographic?

    39:31 - Simon's stand on the bold policies being implemented in New South Wales

    46:10 - How is the government’s target of 1.2 million dwellings in 5 years tracking?

    53:04 - What impact does elderly home preference have on property challenges?

    About Our Guest:

    Simon Kuestenmacher is a Co-Founder of The Demographics Group together with Bernard Salt. The group provides specialist advice on demographic, consumer, and social trends.

    Simon writes a weekly column for The New Daily and a monthly column for The Australian newspaper. He is a thought after media commentator on demographic matters.

    In his spare time Simon has authored three books on maps and runs what is by now the world’s largest Twitter account dedicated to maps and data. His social media posts reach over 25 million people every month. Simon ranks as one of the world’s top 10 influencers in data.

    Connect with Simon Kuestenmacher:

    LinkedIn: https://www.linkedin.com/in/simonkuestenmacher/ Instagram https://www.instagram.com/simongerman600/ Website https://www.tdgp.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 [email protected] 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: [email protected]

    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 if there’s a need for vendor advocates or if it’s just another money grab by some players in the real estate industry?

    Vendor advocacy is a term you may not have heard before, but it’s a service that’s gaining popularity. A vendor’s advocate is an advisor engaged by a person selling their property to help them choose a selling agent to make the selling process easier. Think of them as an agent whisperer.

    In today's episode, we explore how vendors might benefit the most from engaging a vendor’s advocate and discuss the skills and experience these advocates should possess to ensure they’re qualified for the job. We also dive into the necessity of vendor advocates, weighing the genuine need against potential profit motives within the industry.

    If you’re considering selling your property, this episode is a must-listen to ensure you have the right support to achieve the best outcome. Tune in now and let’s get started!

    Episode Highlights:

    00:00 - Introduction

    01:41 - What is a vendor’s advocate and how do they work?

    09:09 - Do you pay a fee for the vendor’s advocate?

    16:32 - After selecting an agent, what else does a vendor’s advocate do?

    20:00 - What do vendor’s advocates deem as major deal breakers when looking for an agent?

    25:54 - Are there any potential drawbacks or challenges in picking a vendor’s advocate?

    29:10 - Real life story of how a vendor's advocate rescued a mismanaged property sale

    34:47 - Why should property buyers and sellers seek a trustworthy vendor's advocate?

    44:07 - Why is it important to seek professional advice when selling property?

    50:12 - Why should potential sellers reach out for vendor advisory advice?

    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 [email protected] 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: [email protected]

    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 integrity be restored in an industry often criticised for its ethical shortcomings? In this episode, we sit down with John Minns, the NSW Strata and Property Services Commissioner, to delve into the measures being taken by the Office of Fair Trading to regulate and improve the real estate sector’s reputation. With an industry plagued by issues ranging from underquoting by sales agents to property managers grappling with rental shortages, and strata managers caught in conflicts of interest, John Minns has a formidable task ahead.

    John shares his motivations for stepping into the commissioner role and the surprises he encounters along the way. He discusses how he balances managing immediate crises with long-term strategic planning and tackles significant resistance from various stakeholders, particularly focusing on the pervasive problem of underquoting. We also explore the potential opportunities he sees in the PropTech space and his updates on the Strata Hub system in New South Wales.

    The episode covers critical issues such as the licensing loophole allowing new buyer’s agents to practice in NSW via Queensland and the potential benefits of a national licensing system. John addresses frustrations and pricing tactics that often leave consumers disillusioned, sharing his vision for a more transparent and ethical real estate industry. Don’t miss his candid recounting of property blunders that offer a humorous yet insightful perspective on the challenges within the field.

    Episode Highlights:

    00:00 - Introduction

    01:23 - Who is John Minns?

    02:29 - What is John’s motivation to make a difference as commissioner

    04:10 - What surprised John most about the role?

    07:12 - How John manages both short-term crises and long-term planning

    08:57 - Among the key stakeholders, which group is the biggest resistance?

    11:38 - Tackling the issue of underquoting

    16:54 - John’s strategies for effecting change in a slow moving industry

    25:03 - Does John see any real opportunities in the PropTech space?

    29:19 - What are the plans for improving the Strata Hub system in New South Wales?

    35:23 - What’s motivating the government to take action NOW?

    38:17 - The issue of new buyer’s agents getting licensed in NSW via Queensland

    44:51 - Would national licensing be a good thing?

    47:50 - John Minns’ property dumbo #1

    50:45 - Addressing frustrations and pricing tactics in property transactions

    55:25 - John Minn’s property dumbo #2

    About Our Guest:

    John Minns, a prominent figure in the Australian residential property sector for over 30 years, brings a wealth of experience to his role as Strata and Property Services Commissioner. His career spans diverse areas including residential sales, project marketing, property management, and franchising, alongside leadership in digital innovation and professional development. John is committed to enhancing consumer experience and protection by promoting transparency and accountability within the industry, advocating for innovation-driven opportunities to foster a trusted and empowered sector.

    Connect with John Minns:

    LinkedIn https://www.linkedin.com/in/john-minns-40386324/

    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 [email protected] 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: [email protected]

    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.

  • Ever found yourself torn between relying on hard data or trusting local insights for your property investments? It’s a tough call many investors struggle with, wondering if the numbers can tell the full story or if boots-on-the-ground knowledge is more reliable.

    In the Suburb Trends Report for the month of June 2024, we dive into the age-old debate of whether numbers or on-the-ground knowledge holds the key to successful property investments. We weigh the pros and cons of both data and local insights, and explore how the perfect blend of both can give you a real edge in the market.

    Kent Lardner joins us once again to help us unpack how these two worlds intersect and why both are essential in today's investment landscape.

    If you're curious to see how combining data and local insights can give you a competitive edge, then don’t miss our latest episode. Click play and get ready to take your property investment strategy to the next level. Tune in now!

    Episode Highlights:

    00:00 - Introduction

    01:39 - Analysis of 10 aspects where data might be limited and local insights are necessary

    02:57 - Aspect #1: Local market sentiment

    08:42 - Aspect #2: Neighbourhood trends

    12:50 - Aspect #3: Community events

    14:54 - Aspect #4: School reputation changes

    18:07 - Aspect #5: Local business openings and closures

    20:56 - Aspect #6: Traffic pattern changes

    29:29 - Aspect #7: Property condition

    38:09 - Aspect #8: Neighbourhood aesthetics

    40:20 - Aspect #9: Local government policies or zoning changes

    46:12 - Aspect #10: Insider transactions

    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 Suburb Trends, 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 [email protected] 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: [email protected]

    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.