Regional Australia outperforming the capital cities in both sale and rental price growth remains to be one of the major phenomena of the country’s great property boom in 2021.

However, property prices in regional markets are showing signs of a nosedive.

Additionally, the return of immigration might worsen the already severe rental crisis soon…

In this episode, we are joined by Paul Ryan, an economist at REA, to talk about what else we can expect in the Australian housing market in 2023.

We discuss measuring rental prices, rent inflation, regional versus capital markets, regional sale prices and more!

If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!

See you in the episode!





Episode Highlights:
The effects of remote work on housing prices [04:16]
The demographic change in regional areas and capital cities [13:08]
Current buyer behaviour in auctions [21:08]
Seller intentions: checking property valuations [26:40]
Why it’s taking longer to sell homes [30:25]
Interest rate targeting of inflation [34:53]
Measuring rental prices [39:54]
Conversion rate of appraisals [34:45]
A period of uncertainty in the property market [47:49]
Paul’s Property Dumbo [53:05]



About our Guest:

Paul is an economist at REA, specialising in housing finance, market forecasting and big data analysis. Before joining REA in December 2020, Paul spent a decade at the Reserve Bank of Australia conducting research on the Australian economy, focusing on housing markets, lending risks and regulatory effects on property markets. Paul is based in Sydney.



Links from the show:
https://www.realestate.com.au/insights/what-rent-inflation-isnt-telling-you-about-the-extent-of-the-rental-crunch/
https://www.realestate.com.au/insights/five-ways-covid-changed-the-property-market/



Connect with Us:
Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
Work with Veronica: https://linktr.ee/veronicamorgan
Looking for a Mortgage Broker? www.wealthful.com.au
Work with Chris: hello@wealthful.com.au
Send in your questions to: questions@theelephantintheroom.com.au



Find this episode on our website:

https://www.theelephantintheroom.com.au/podcasts/258



If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!

Regional Australia outperforming the capital cities in both sale and rental price growth remains to be one of the major phenomena of the country’s great property boom in 2021.
However, property prices in regional markets are showing signs of a nosedive.
Additionally, the return of immigration might worsen the already severe rental crisis soon…
In this episode, we are joined by Paul Ryan, an economist at REA, to talk about what else we can expect in the Australian housing market in 2023.
We discuss measuring rental prices, rent inflation, regional versus capital markets, regional sale prices and more!
If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!
See you in the episode!
 
Episode Highlights:
<ol>
<li aria-level="1">The effects of remote work on housing prices [04:16]</li>
<li aria-level="1">The demographic change in regional areas and capital cities [13:08]</li>
<li aria-level="1">Current buyer behaviour in auctions [21:08]</li>
<li aria-level="1">Seller intentions: checking property valuations [26:40]</li>
<li aria-level="1">Why it’s taking longer to sell homes [30:25]</li>
<li aria-level="1">Interest rate targeting of inflation [34:53]</li>
<li aria-level="1">Measuring rental prices [39:54]</li>
<li aria-level="1">Conversion rate of appraisals [34:45]</li>
<li aria-level="1">A period of uncertainty in the property market [47:49]</li>
<li aria-level="1">Paul’s Property Dumbo [53:05]</li>
</ol>
 
About our Guest:
Paul is an economist at REA, specialising in housing finance, market forecasting and big data analysis. Before joining REA in December 2020, Paul spent a decade at the Reserve Bank of Australia conducting research on the Australian economy, focusing on housing markets, lending risks and regulatory effects on property markets. Paul is based in Sydney.
 
Links from the show:
<ul>
<li aria-level="1"><a href="https://www.realestate.com.au/insights/what-rent-inflation-isnt-telling-you-about-the-extent-of-the-rental-crunch/">https://www.realestate.com.au/insights/what-rent-inflation-isnt-telling-you-about-the-extent-of-the-rental-crunch/</a></li>
<li aria-level="1"><a href="https://www.realestate.com.au/insights/five-ways-covid-changed-the-property-market/">https://www.realestate.com.au/insights/five-ways-covid-changed-the-property-market/</a></li>
</ul>
 
Connect with Us:
<ul>
<li aria-level="1">Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">www.gooddeeds.com.au</a></li>
<li aria-level="1">Work with Veronica: <a href="https://linktr.ee/veronicamorgan">https://linktr.ee/veronicamorgan</a></li>
<li aria-level="1">Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/">www.wealthful.com.au</a></li>
<li aria-level="1">Work with Chris: <a href="mailto:hello@wealthful.com.au">hello@wealthful.com.au</a> </li>
<li aria-level="1">Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a> </li>
</ul>
 
Find this episode on our website:
<a href="https://www.theelephantintheroom.com.au/podcasts/258">https://www.theelephantintheroom.com.au/podcasts/258</a>
 
If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!

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

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