The Property Trio (formerly The Property Planner, Buyer and Professor)

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode, Dave, Cate and Pete take you through: 1. Heritage listing and heritage overlay The trio discuss the impact of heritage listings, which protect a particular property. Although the supply of heritage property is relatively limited, so is the demand, due to the restrictions in being able to renovate and update the...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode, Dave, Cate and Pete take you through: Weekly market updates 1. APRA concerned over high debt-to-income lending, but no intervention for now Outstanding housing credit hit $1.9 trillion in June, which is 4.7% higher than 12 months ago. Compared with how the property market has moved in the last year, it doesn't s...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ Weekly market updates 1. How have two-bedroom, single fronters been impacted through covid? Cate shares an article she has recently written analysing the performance of 6 two bedroom, single front cottages across Melbourne. A lot of people have expounded the popularity of 3 bedroom houses in the wake of covid lockdowns (including us),...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode, Dave, Cate and Pete take you through: 1. Victoria still trading despite lockdown Non-auction sales have risen to 1,028 over the week. Since listings have gone down, this indicates that older stock on the market is clearing and sales, (including online auctions) are going ahead in full force. Virtual open for ins...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ Weekly market updates 1. Cate and Pete's exciting auction weekend Tune in to hear Cate and Pete's thrilling experiences of each successfully securing a property over the weekend, despite the lockdown challenges and last minute changes of plans. 2. Tight rental vacancy rates The national monthly vacancy rate holds steady at 1.7%, from J...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's Ep#116, Dave, Cate and Pete take you through: Weekly market updates 1. The price of iron ore has dropped by 30% since the end of July and property growth in Perth wanes Looking at the daily CoreLogic index, Perth is the only city exhibiting negative growth this month. Although we don't place as much trust in the daily in...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode, Dave, Cate and Pete take you through: Weekly market updates 1. Sales outweigh listings Data from Domain shows that for every new listing, there are 1.4 sales. In simple terms, more properties are being sold than put on the market for sale. This spells a challenging buyer-seller imbalance and one that we can anti...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this episode Dave, Cate and Pete take you through: Weekly market updates 1. Rise of the regions The growth experienced over the last 12 months in our regional cities has taken the nation by storm. But is this driven by an escape from the cities or the prospect of buying bigger homes? There is certainly a correlation between larger h...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode, Dave, Cate and Pete take you through: 1. Value growth tapers over July National housing values increased a further +1.6% in July. Although still a strong result, value growth has been tapering from the recent peak in March 2021, where value growth reached +2.8% for the month. The trio explore the drivers contrib...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ Weekly market updates 1. NAB late to the property party - bumps up property forecast for 2021 In its quarterly report, NAB has recently adjusted its property forecast for national price growth to now hit 19% in 2021. This is bumped up from its prediction 3 months ago of 14%, (and 6 months ago of 8%). Just goes to show, that if you're n...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's Ep#111, Dave, Cate and Pete take you through: 1. Booms and busts The trio discuss the booms and busts from the years of 2003 to 2020. For each capital city and nationally, they cover the top performing 3 years and also the bottom 3 years during this time. Check out our show notes for a special excel visual with all of th...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode, Dave, Cate and Pete take you through: Market insights 1. Latest unemployment figures exceeds expectations In the latest figures released by the ABS, the unemployment rate has come down to 4.9% in June from 5.1%. The last time we saw unemployment this low was in June 2011. On the other hand, underemployment has i...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's Ep#109, Dave, Cate and Pete take you through: 1. Property market acceleration is reducing, but still going strong June's growth rate of 1.9% is down 30 basis points from May 2021 2.2%, and 90 basis points from a recent peak in March 2021 2.9%. All capital cities except Canberra have posted weaker results than in May. Mos...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's Ep#108, Dave, Cate and Pete take you through: Market insights 1. Race to the finish - Vic stamp duty concession is over The Victorian stamp duty concession for properties purchased under $1million ended on the 30th of June. This produced some last-minute scrambling for those trying to get the 25% discount for established...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ Watch our special recording for a masterclass on valuations! Weekly market update 1. Victoria the host of another Super Saturday This past weekend, Victoria hosted more than 1,000 auctions, which is referred to as a 'Super Saturday', with a whopping 1,414 homes going under the hammer. This time of year, going into winter, this number i...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's Ep#84, Dave, Cate and Pete take you through an episode dedicated to this question posed from one of our listeners: "Australia's economy is highly dependent on China, do you see immediate risk in the housing market should China reduce dependency on Australia's supply chain?" Market insights Housing market consumer sentime...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ Market insights 1. Regulation on the horizon as the property market continues to surge New data shows that property buyers are stretching towards their maximum borrowing capacity to compete in this hot market. Investors have been quiet in this market so far, but they are making a come-back, as first home buyer numbers start to taper. A...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's market update Dave, Cate and Pete take you through: 1. Impact of lockdown #4 in Melbourne Whilst there may be a small lull, we expect activities to pick up where they left off after this small blip. Many auctions have been brought forward or held over zoom. We're seeing a bit of vendor discomfort in response to the COVID...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode, Dave, Cate and Pete take you through: Market insights 1. The number of vendors lifting their asking price mid-campaign has dropped New data from Domain reveals that the percentage of vendors who increase their asking price mid-campaign has lowered from March to April for Sydney, Melbourne, Brisbane and Canberra,...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode, Dave, Cate and Pete take you through: Market update 1. Stamp duty and the VIC budget For Victoria, a new premium for stamp duty was announced for property transactions above $2million, increasing the duty payable for contracts entered into from 1 July 2021. The trio share their thoughts on this 'lazy taxation gr...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode, Dave, Cate and Pete take you through: 1. Heat in the market is dissipating Anecdotally, we're seeing some behaviours such as vendors holding out for better prices that are not always being achieved, supporting the fact that the heat is coming out of the market to some degree. As touched on during recent Podcasts...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's Ep#100 of the Property Planner, Buyer and Professor Podcast, Dave, Cate and Pete take you through: 1. Walking down memory lane From the beginning of the podcast journey in March 2019 to now, much has changed in the world of property. The Property Planner, Buyer and Professor discuss the early days of podcast recording an...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's Ep#79 of the Property Planner, Buyer and Professor Podcast, Dave, Cate and Pete take you through: Market insights 1. Month on month growth reaches peak Some say that the housing market is beginning to show some signs of slowing. Agents who have been so inundated with activity are starting to return to their usual practic...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's Ep#78 of the Property Planner, Buyer and Professor Podcast, Dave, Cate and Pete take you through: Market insights 1. Stretching budgets and changing sentiments The gap between what a buyer can actually spend vs what they planned to spend is getting closer as we see buyers revise up their limits to compete in this market....

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's Ep#77 of the Property Planner, Buyer and Professor Podcast, Dave, Cate and Pete take you through: Market insights 1. Investors creeping back in Westpac lending numbers for February reveal that investor lending is up 4.5%, while first time buyers are down 4% and upgraders down 0.8%. It's still early days, but it's likely...