Are you grappling with decisions about your investment property? In this episode, we dive into a range of listener questions to provide the insights you need. We’ll explore the impact of land tax variations across different states and discuss the pros and cons of buying in A-grade versus B-grade suburbs. Our discussion also touches on the reasons behind the surge in properties for sale in lifestyle areas post-COVID, shedding light on the market dynamics at play.

We tackle the tough decision of whether to sell an investment property to upgrade your primary home, providing practical advice to help you weigh your options. Additionally, we answer a listener’s question about how land tax changes affect traditional holiday destinations, offering a fresh perspective on generational property sales and their social impacts.

To round out the episode, we share a “listener Dumbo” segment, highlighting lessons learned from real-life property decisions. Tune in for a comprehensive yet concise discussion that will help you navigate the complexities of property investment with confidence.

Episode Highlights:

00:00 - Introduction

01:20 - Why are so many properties for sale in holiday destination markets?

07:23 - What negative gearing reforms could balance investor interests and housing affordability?

17:56 - Fact check regarding the heritage status and development in Edgecliff

22:50 - Should I invest in property outside Victoria due to land tax?

31:04 - Which is wiser: A-grade home in a B-grade area or vice versa?

50:00 - Listener dumbo

Resources mentioned in this episode:

• The Elephant in the Room Property Podcast Ep 330: What’s Behind Melbourne’s Unusual Property Market Behaviour? https://www.theelephantintheroom.com.au/podcasts/330
• The Elephant in the Room Property Podcast Ep 333: Is Increased Housing Supply the Real Solution to this Housing Crisis? http://www.theelephantintheroom.com.au/podcasts/333

Resources:

• Visit our website https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at:
• The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? https://www.blusk.au
• Work with Chris: hello@blusk.au

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!

• Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
• Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765