On today’s episode we pick the brains of Adam Hirst, General Manager of Build-To-Rent at Mirvac. Adam is currently overseeing Mirvac’s newest development at Sydney Olympic Park, Indigo Pavilion, Australia’s first mass scale build-to-rent project. Adam discusses the overseas success of build-to-rent also known as ‘multifamily’, the viability of this alternative to generic residential development and how this alternative model will benefit renters.

Here’s what we covered:
What is build-to-rent/Multifamily?
Is build-to-rent the future for renters?
Why are build-to-rent leases longer than standard leases?
What are the building costs associated?
What are the benefits of build-to-rent?
Why are superannuation funds investing in build-to-rent?
Will there be an under supply of housing in 2021 - 2023?
Why consumers want sustainability but are not willing to pay for it
How developers are trying to create a community in their developments
How capitalisation rates impact build-to-rent
Why to never buy in areas of over supply

GUEST LINKS:Find out more about Adam Hirst his work in Build-To-Rent.Indigo Pavilion - Sydney Olympic Park  MENTIONED EPISODES:Episode 80 | Ed FernonEpisode 62 | Cecille Weldon

HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: info@gooddeeds.com.au 

Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This Episode was recorded on the 28 November, 2019

https://www.theelephantintheroom.com.au/podcasts/104

On today’s episode we pick the brains of Adam Hirst, General Manager of Build-To-Rent at Mirvac. Adam is currently overseeing Mirvac’s newest development at Sydney Olympic Park, Indigo Pavilion, Australia’s first mass scale build-to-rent project. Adam discusses the overseas success of build-to-rent also known as ‘multifamily’, the viability of this alternative to generic residential development and how this alternative model will benefit renters. Here’s what we covered: <ul> <li style="font-weight: 400;">What is build-to-rent/Multifamily?</li> <li style="font-weight: 400;">Is build-to-rent the future for renters?</li> <li style="font-weight: 400;">Why are build-to-rent leases longer than standard leases?</li> <li style="font-weight: 400;">What are the building costs associated?</li> <li style="font-weight: 400;">What are the benefits of build-to-rent?</li> <li style="font-weight: 400;">Why are superannuation funds investing in build-to-rent?</li> <li style="font-weight: 400;">Will there be an under supply of housing in 2021 - 2023?</li> <li style="font-weight: 400;">Why consumers want sustainability but are not willing to pay for it</li> <li style="font-weight: 400;">How developers are trying to create a community in their developments</li> <li style="font-weight: 400;">How capitalisation rates impact build-to-rent</li> <li style="font-weight: 400;">Why to never buy in areas of over supply</li> </ul> GUEST LINKS:Find out more about <a href="https://www.mirvac.com/About/News/Mirvac-Launches-its-First-Build-To-Rent-Club-in-Australia-" target="_blank" rel="noopener">Adam Hirst</a> his work in Build-To-Rent.<a href="https://pavilions.mirvac.com/" target="_blank" rel="noopener">Indigo Pavilion - Sydney Olympic Park</a> MENTIONED EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/080" target="_blank" rel="noopener">Episode 80 | Ed Fernon</a> <a href="https://www.theelephantintheroom.com.au/podcasts/062" target="_blank" rel="noopener">Episode 62 | Cecille Weldon</a> HOST LINKS: Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au" target="_blank" rel="noopener">www.gooddeeds.com.au</a> Work with Veronica: info@gooddeeds.com.au  Looking for a Mortgage Broker? <a href="http://www.weatlhful.com.au" target="_blank" rel="noopener">www.wealthful.com.au</a> Work with Chris: hello@wealthful.com.au EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This Episode was recorded on the 28 November, 2019 <a href="https://www.theelephantintheroom.com.au/podcasts/104" target="_blank" rel="noopener">https://www.theelephantintheroom.com.au/podcasts/104</a>

Who's really in control when you buy a property?

The Elephant In The Room is where the things that no one wants to talk about, actually get talked about.  

Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate.

Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property.

In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session.

The plan? This property podcast has been created to help us all make better property decisions!

We talk about the things no one wants to talk about in the Property Market

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

Will Build-To-Rent curb Australia’s growing population and housing affordability crisis?

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