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Episode 308 | Pain & Gain: The Wealth Effect & The Housing Affordability Debate – Chat with Eliza Owen from CoreLogic

When it comes to the current property market… WHERE is the Profit being made? And, just as importantly, WHERE are the Losses happening?

‘Cos let’s be honest folks… it’s been quite the year indeed!! But it looks like we’ve finally reached a turning point in the market…

So, here to discuss the latest housing trends and data coming out from the property market is a very, very special guest and someone who definitely knows her stuff when it comes to property, economics and a big issue almost all first homebuyers face… something called “housing affordability”!

Introducing today’s huge guest… Eliza Owen is Head of Australian Research at CoreLogic! She has a first class honours degree in economics from the University of Sydney and has been a regular economic commentator on FBI Radio and guest speaker on Triple J’s Hack, 702 ABC Radio, Sky News and TEDxSydney! Not to mention, she’s also provided comment for many media outlets including The Guardian Australia, the Australian Financial Review, Pedestrian TV, the Daily Telegraph and plenty more!

PLUS, on top of her first-class knowledge bank, guess what Eliza’s also brought with her today?!

… Nonother than CoreLogic’s most recent Pain & Gain Report – that is, the Quarterly Report that unpacks (in a whole lot of detail!) how different properties, regions and cities are performing across the country. Yep… this includes exactly WHERE the profit and loss is occurring!

So, ready to dive in?!

Listen now to get the latest insights into the Australian property market, including where there’s “Pain” and “Gain”… AND get the tour into The Wealth Effect and The Housing Affordability Debate!

 

P.S. The Pies got slammed last week. Poor Ben. (kinda)

 

Free Stuff Mentioned…

  • (What would you like to be known on the podcast?)

  • A quick summary on your Money Story!
  • Don't spill all the beans! 😉

  • And finally, have you implemented the Money S.M.A.R.T.S?

 

Here’s a bit of what we cover…

 

 

What’s Your Money Story Like?

We get it… Talking about money can be quite awkward. We felt it when we open up on our story in Episode 197!

But it’s good! Because then we can understand ourselves better and would be able to learn more from each other as well.

So, would you like to be on our Summer Series Podcast?

We’d love to listen to your story and your own tips and tricks in money management! And as promised, we will be very gentle. And if you have a specific question in mind, we want to hear it directly from you too!
Just fill in the form below and we’ll get in touch right away. 😉

 

  • (What would you like to be known on the podcast?)

  • A quick summary on your Money Story!
  • Don't spill all the beans! 😉

  • And finally, have you implemented the Money S.M.A.R.T.S?

 

 

 

 

 

 

 

Episode 307 | The Budget Wrap And Is The Property Market Leaving Clues?

The Federal Budget has just been announced… so what does this mean for you and the property market?

Folks, in this episode we’re diving deep on the new Budget (one of the most important budgets since the Great Depression!) AND, most excitingly, something else that’s absorbing our thoughts right now…

The Property Market Is Now Leaving Clues…!

That’s right. The ducks are lining up… which means Positive News For The Property Market!

The question is… are you ready to hear if Australia’s economy is really “on the mend” and what’s coming next for the property market?!

If so, you’re about to find out!

(… What an episode!)

P.S Life Hack brought to you by our listener, Colin Lau! Send Bryce your own Life Hack here.

 

Free Stuff Mentioned…

Here’s a bit of what we cover…

  • The Budget: What’s In It For You and The Property Market
  • The Key Insights from the Big 2020 Budget
  • Why has the Treasury taken these measures?
  • When The Ducks Line Up: Why Is It “Positive News” For Property?
  • Why is the property market so resilient?
  • How much is the economy going to decline for the rest of the year?
  • When Will The Recession End?
  • Why the “Instant Asset Ride-Offs” have a ripple effect…
  • New Buying incentives Announced..
  • When will we see a vaccine for COVID-19?
  • How much will you get from the Tax Cuts?
  • Playing To Win vs Playing Not To Lose
  • How do you work out the “Fair Value” of property prices?
  • New Lending Laws – Why is it in your favour to be credible for your lending?
  • The Immigration Story…
  • “Jobs, Jobs, Jobs”… what does this even look like??
  • The 12 – 24 month outlook for property (and why it should make you smile)

 

 

 

RBA October 2020 – Is Australia An Economy on the Mend?

It’s a big day today! With the RBA Board just announcing the October’s cash rate and the Federal Budget at 7:30pm AEDT tonight! 

So here’s Ben’s update on what’s happening to property markets around the world and in Australia.

 

Plus, Ben also includes his latest news and commentary on…

 

 

And of course… Additional Helpful Resources on COVID-19

National Update: Click here

State Update:

 

And One Final Word…

If you’re worried about your finances or if you have no clarity on your cash flow position, we strongly recommend you to organise your finances now. It’s more important than ever to have a clear view, down to the exact cent, on how much you’re spending each month and how much surplus you’ve got. If you don’t know it, then log in to your Money SMARTS Platform here and update the numbers.

Don’t have an account yet? Create your free access below and we’ll also send you an e-copy of the instruction manual which is also our best-seller book, Make Money Simple Again. Just fill in the form below and we’ll email it to you right away.

 

 

 

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The Property Couch, its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

For more information, please visit: http://thepropertycouch.com.au

 

 

 

 

 

 

Our Brand New Free Tool is here… MONEY STRETCH!!! 🥳

And we’re LIVE with a 300th Episode Gift — we’re going to demonstrate OUR BRAND NEW FREE TOOL…. Money STRETCH!!!

 

The BIG question is… “Do you know how much your money will last you?”

It’s more important now than ever to have a clear understanding where you stand financially. There’s a lot of uncertainty at the moment and we need some certainty to make sure we’re making informed decisions especially when it comes to money management.

And this is why we’ve been hard at work developing MoneySTRETCH! It’s a self-assessment tool that helps you work out just how long your money will last if your income were to change.

Check it out now! Log in today: https://tpc.moneysmarts.com.au/

Don’t have an account? No worries! You can create a free access below:

 

 

 

Episode 306 | The Game of Loans: How To Find & Finance An Investment Property

How do property investors Find and Finance their investment properties?

Let’s face it: Asset Selection (aka finding the property) and Borrowing Power (aka financing the property) are two of our Four Pillars of Mastery for a reason… they’re crucial!

So with this in mind, how do property investors make sure they get these two things right?

Well, that’s where today’s episode comes in. We’re unpacking heaps of listener questions on these two topics so you get the insider’s guide into what to buy and how to set up your loan structure and strategy correctly!

We’ve dubbed it “The Game of Loans” and we think there’s quite a few takeaways in here, and even a few bits of gold we’ve never discussed before…

Listen now so you can learn how to find and finance your assets!

 

Free Stuff

 

The Questions

Question about “Investing in Victoria During COVID-19” from Trav:
Hi, gents, just a quick one. I haven’t yet mustered up the courage to do any investment in property. I’m looking to do my first one, hopefully within the next six months. And just want to get your views on the current environment here in Victoria. And if you think it’s a good time to invest in Victoria, the area that I’m looking at is Chelsea, down by the beach there, close to train line three bedroom, townhouse, one bathroom, own title, nobody corporate in a secure, parking area. I tick all those boxes that you guys talk about. I have low debt, zero debt effectively. I own my own property. I’m in a secure government style job around the 120K Mark and regular high-rises, and I’m quite a good money manager, yet to do the last little part of my structure. And that is obviously getting in touch with a good savvy mortgage broker rather who’s savvy around investments. So I just, your thoughts on that and let me know, keep up the good work and I hope to hear from you, sir. Bye.

 

Question about “Closer In And Smaller or Further Out And Bigger” from Violet:
Hi, Bryce and Ben we’ve been conditionally approved for our first home to the value of $750,000. We live in the North Eastern suburbs of Melbourne way. Wondering whether we should buy a two bedroom property with the potential to add an extra bedroom, which definitely needs a little bit of work, but we can get in for, you know, under $600,000 we believe, or if we should max out budget right up to the $750,000 and get a house that needs very little work and already has three bedrooms, which would be the best option here?

 

Question From Tom:
Hi Bryce and Ben, I’d just like to ask a question regarding timing on principal and interest payments on an investment property. We currently have four investment properties, which are all interest only payments. We still plan to purchase another one or two properties in the future. We’ve recently just refinanced our investment properties to take that to maximum borrowing. And we drew the equity to purchase our primary place of residence. That primary place of residence has an offset account. The old wages and our rental income goes into. I’d just like to know at what time do the investment properties turn from interest only to principal and interest repayments? Thank you.

 

Question From Shashank:
Hi Ben and Bryce, my name is Shashank Pande, and I’m based in Adelaide. I’ve been a regular listener of your podcast and would like to thank you for the amazing knowledge share and experience share that you do for the wider community. My question relates to auctions and my question is about the feasibility of an auction, from a seller’s perspective, in getting the best price for the seller, because it’s predicated on the reserve price for the seller, which is the lowest price that the seller would sell the property for and not on finding the highest bidder for the property. So I just wanted to get your views on whether an auction is the best for the seller to sell a house. Thanks, Bye.

 

 

 

 

 

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