Apartment Archives - Page 8 of 9

094 | Which Market to Invest in for 2017? – Chat with Nerida Conisbee, Chief Economist for the REA Group

By The Property Couch December 15, 2016 in Podcast

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Keeping to our Summer Series tradition, Bryce and Ben are joined by yet another special guest in today’s episode; Nerida Conisbee – The Chief Economist of The REA Group: now the biggest digital real estate company in the world! With more than 20 years property research experience throughout Asia Pacific, Nerida also appears every Saturday on SkyNews Real Estate program, is an adviser on property market conditions to major Government bodies and has held senior positions within commercial agencies and major consulting firm.

Leveraging on her experience and knowledge in the property industry, the three of them will be chatting about:

How are the two capital cities, Sydney and Melbourne performed in 2016 particularly in the apartment market and what’s the outlook for 2017
What’s the level of housing affordability for property buyers across Australia
Investing habits between Sydney and Melbourne, and how these compare to major cities around the world and the drivers that are slowing down property listing in those two cities
Potential changes to the lifestyle trends in Sydney where houses are less affordable for young home buyers and how this would affect Melbourne
Research data and methodology in commercial real estate as compared to residential real estate
Seeing the GDP drop and finding that balance between the property market being strong and weak; therefore, knowing when the best time to sell is
The 2017 outlook for Perth, Brisbane, Hobart, Adelaide, Darwin and Canberra and which market to invest in for 2017

We hope you enjoyed this podcast and look forward to hearing your thoughts on the topics brought up! And here’s the site that Nerida mentioned in today’s podcast:

Investment data for investors – Find out more
Demand Index – Download here

If you like this podcast: “Which Market to Invest in for 2017? – Chat with Nerida Conisbee”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/.

Episode 81 | Does investing for the long term actually matter? – Chat with Stuart Wemyss

By The Property Couch September 15, 2016 in Podcast, Real life stories

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For today’s podcast, we have Stuart Wemyss, owner and Director of ProSolution Private Clients joining us to talk about his property investment journey and his investing philosophies. Coming from an Accounting and Finance background and with more than 19 years of experience in the investment services, Stuart is also a PIPA Member and has authored two books; Smart Borrower’s Handbook and The Property Puzzle.

So for today’s episode, the three of them will be talking about:

When did he buy his first property and how did he start investing in property
What are the lessons he learned when building his property portfolio
Why does investing for the long-term matter and the mindset needed for this approach
In his role as a mortgage broker and finance specialist, what are the common mistakes he has seen over the years
What are his tips for listeners when they are choosing an investment advisor
Two questions you need to know the answer for before prior to building an investment portfolio
What he thinks about commission-based financial advice

[alert]Don’t forget to download the Property Investor Sentiment Survey 2016 Report! – Download here[/alert]

And if you are interested to learn more about Stuart’s books, here are some reference points:

Smart Borrower’s Handbook | An Essential Guide for Property, Sharemarket and Superannuation Investors – Buy here
The Property Puzzle | A Simple Guide for Property Investors on How to Develop a Safe Financial Plan – Buy here

If you like this podcast: “Does Investing for the long term actually matter? – Chat with Stuart Wemyss”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/

066 | Winter is coming and the air will be colder up high

By The Property Couch June 2, 2016 in Podcast

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Well, technically winter is already here. However, we will be talking about the Property Market in this episode and for all of you who are a fan of Game of Thrones, you’ve guessed it right. It’s not going to be a good news story.

Now, you’ve heard us talking about the danger of high-density developments before but this time, we are hoping to solidify our message by sharing some numbers with you. It is not a secret that we’ve seen a whole lot more of high to medium density apartments coming into the market in the last 24 months and a lot more will be completing in the next 18 months. Below is the table that Bryce and Ben were talking about in the podcast.

Capital city	# of Unit Sales	Average Annual unit sales past 5 years	Total New Units next 12 mths	Total New Units next 24 mths
Sydney	34,216	43,442	34,300	81,696
Melbourne	28,506	30,781	29,541	80,503
Brisbane	15,880	14,932	16,652	44,511
Adelaide	6,988	6,195	2,581	6,002
Perth	5,331	6,834	7,031	13,797
Hobart	1,026	1,005	201	442
Darwin	864	1,026	985	1,256
Canberra	3,384	3,929	811	2,922
Combined	96,195	108,144	92,102	231,129

^{* This data is an extract from CoreLogic’s article dated 16 May 2016 called ‘Record high unit construction increases settlement risk’. To read CoreLogic’s commentary, please click here.}

So how will this affect the Australian Property Market and its existing properties? Will there be a significant market correction and if so, should buyers stay off until this happens? Bryce and Ben will also be answering a question from Vlad:

John Symond on 3AW predicted a 10-20% fall in property prices if Labour’s policy on negative gearing were to be implemented. Given the uncertainty, is it prudent to wait until after the election to make decisions about investing in property and to see, should labour win, what their sledgehammer will do to the market?

PS: We’ll also be holding a Live Q&A Event on Wednesday, 29th of June at 8:30 pm. Check out our Facebook page for more information!

If you like this episode (Winter is coming and the air will be colder up high), don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/

58 | Will apartments value drop by 50%?

By The Property Couch April 7, 2016 in Podcast, Uncategorized

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In recent weeks, a few lenders have begin to tighten their terms and conditions on apartments in certain suburbs across Australia. Needless to say, some commentators are putting a blanket statement on the future of apartments and claims that they are looking rather bleak at the moment. However, how much impact will these changes have on apartments value and if so, will it affect all types of apartments?

Listeners that have followed this podcast since its inception would know about Bryce and Ben’s view on apartments. Whether it is a brand new one bedroom apartment in the city centre or an attractive off the plan deal, our hosts still prefer established apartments in great locations. As property investment advisor and buyer’s agents, they have advised hundreds of clients to invest in apartments so, are they worried about this lending restriction? Are they expecting a massive drop in apartments value and where are they seeing this happening? Listen to this podcast to find out more.

The article mentioned in this post:

Apartment lender AMP blacklists more than 140 suburbs – Read more

If you like this podcast: “Will apartments value drop by 50%?”, don’t forget to rate us at our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/

056 | Q&A – Exiting a contract, crowdfunding, what’s the impact of global events on Australia Property Market and more

By The Property Couch March 24, 2016 in Podcast, Q&A, Real life stories

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It’s Q&A time! This week on The Property Couch, Bryce Holdaway and Ben Kingsley will be answering the questions below from our fellow listeners. Thanks again for submitting your questions!

Exiting a contract question from Alex: Hi, Just looking for some advice as the more I listen to the podcast (and read your book), the more I think my first IP buy could be better. I’m currently on a defacto visa so can’t buy anything but new properties which led me to an off the plan development in Brisbane. While its marketed very well and made out to be a great buy, it goes against all you talk about- high rise, buying through a unqualified salesman, no room to improve, rental guarantee, and high strata. At the time it looked good but the more I understand what makes a good investment, the more I think I could do with the $40k deposit I put down. My question is, is there any way out of the contract that won’t cost me? It’s not due to be built for another 2 years so wondering if I could ask the developer to renege on the contract without penalty or even onsell it for cost price. I’ve started putting away some cash every week just in case it comes in undervalue but would rather not be in the position of ‘hoping’ this doesn’t happen. Would appreciate any advice to help!

Crowdfunding questions from Carol: I have heard people talking about “crowdfunding” being the next property investment strategy. What is “crowdfunding” and how will it work?

Ownership questions from Rob: What property ownership structure should investors use when buying an investment property? Individual, trust, company etc. Is there a need to balance tax advantages with long term asset protection on this issue?

Global events question from Cookie: I have an economy/finance related question and would like to hear your discussion on it. As we step into 2017, the market has been flooded with negative sentiment news. Lots of countries are under the water as oil and other commodity price plummet. China economy slowdown and share and currency tumbled. In the middle-east you have ISIS terrorist and European country have migration crisis. The central federal government around the world response to the crisis with more and more quantitative easing money printing. I feel like 2008 all over again and this time the crisis is on a global scale.The question I want to raise here is what will happen to the property market and banking policies if the crisis come in the near future? Few friend of mine thinking that the property price will go down like during the great depression. Am I best to wait until the crisis come and then purchase undervalued asset? But if there is a crisis and bank run, will interest rate raise to double digit and banks tighten the lending? What happen to my home loan if there is a bank fail? European central bank is doing negative interest rate already, will Australia heading to this direction one day? How should I position myself now so to be prepare for the day to come?

Case study question from Chris: Brief Bio – 33 yrs old. married with one child, live in Sydney, workfull time. have three properties. two in Townsville (both rented) building one in Melbourne currently. Currently renting in Sydney as units where we want to live sell for $800 k to $1 million. However we can rent and invest. We put all our money into our offset and pay out the credit card at the end of statement period. We also have a full functioningPAYG withholding variation in place.
- Question 1 – with the house I am building in Melbourne. Will I ever be able to claim back the GST I have paid in the build contract?
- Question 2 – With one of my properties in Townsville I am concerned that our body corporate fees are way to high. We pay over $5k pa for fees. No lift, no pool in complex and it is a three story masonry construct building. How do I compare if this is the going rate in our market?

References:

Episode 8 – Investment stock vs investment grade
Episode 37 – Understanding the scarcity factor
Episode 48 – Different property investment structures
Bryce on The Today Show – Double trouble for the property market
If you are interested on the 2016 Outlook for the Global Economy, do check out our videos here.

If you like this Q&A episode (Exiting a contract, crowdfunding, what’s the impact of global events on Australia Property Market and more), don’t forget to rate us at our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/

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