Today’s episode is about data, data, and data with Mike Mortlock, who is returning from Episode 60. Mike is the managing director of MCG Quantity Surveyors which recently released granular data on the Australian property market that showcases the unique behaviours of over 1,500 property investors, including how they are investing, what types of property are they investing in, and what are their motivations to invest.

Here’s what we covered:
What does micro level data say comparison to macro level data on property investors?
How many investors live in their property before they rent it?
What locations are people investing in the most?
The disparity between what people want to live in, compared to what they invest in.
What decisions have individual investors made before investing?
How many units were being developed back in 2016?
Why are developers moving towards more owner-occupier developments?
Does depreciation on property matter?
How people are getting sold into property that's glitter not gold.
Why is capital growth the best reason to invest into property?
What has increased in value more, houses or apartments?

This weeks Dumbo:
The huge costs of buying property without seeking professional advice.

RELEVANT EPISODES:Episode 60 | Mike MortlockEpisode 79 | Cat BurgessEpisode 123 | Martin North

GUEST LINKS:View the data and reports mentioned in todays episode: https://mcgqs.com.au/elephantintheroom.php

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

Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:www.getauctionready.com.au Use the coupon ELEPHANT for your 30% listener discount.

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 21 April, 2020.

https://www.theelephantintheroom.com.au/podcasts/128

Today’s episode is about data, data, and data with Mike Mortlock, who is returning from Episode 60. Mike is the managing director of MCG Quantity Surveyors which recently released granular data on the Australian property market that showcases the unique behaviours of over 1,500 property investors, including how they are investing, what types of property are they investing in, and what are their motivations to invest. Here’s what we covered: <ul> <li style="font-weight: 400;">What does micro level data say comparison to macro level data on property investors?</li> <li style="font-weight: 400;">How many investors live in their property before they rent it?</li> <li style="font-weight: 400;">What locations are people investing in the most?</li> <li style="font-weight: 400;">The disparity between what people want to live in, compared to what they invest in.</li> <li style="font-weight: 400;">What decisions have individual investors made before investing?</li> <li style="font-weight: 400;">How many units were being developed back in 2016?</li> <li style="font-weight: 400;">Why are developers moving towards more owner-occupier developments?</li> <li style="font-weight: 400;">Does depreciation on property matter?</li> <li style="font-weight: 400;">How people are getting sold into property that's glitter not gold.</li> <li style="font-weight: 400;">Why is capital growth the best reason to invest into property?</li> <li style="font-weight: 400;">What has increased in value more, houses or apartments?</li> </ul> This weeks Dumbo: <ul> <li style="font-weight: 400;">The huge costs of buying property without seeking professional advice.</li> </ul> RELEVANT EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/2019/3/22/episode60" target="_blank" rel="noopener">Episode 60 | Mike Mortlock</a> <a href="https://www.theelephantintheroom.com.au/podcasts/079" target="_blank" rel="noopener">Episode 79 | Cat Burgess</a> <a href="https://www.theelephantintheroom.com.au/podcasts/123" target="_blank" rel="noopener">Episode 123 | Martin North</a> GUEST LINKS:View the data and reports mentioned in todays episode: <a href="https://mcgqs.com.au/elephantintheroom.php" target="_blank" rel="noopener">https://mcgqs.com.au/elephantintheroom.php</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: <a href="mailto:info@gooddeeds.com.au" target="_blank" rel="noopener">info@gooddeeds.com.au</a> Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/" target="_blank" rel="noopener">www.wealthful.com.au</a> Work with Chris: <a href="mailto:hello@wealthful.com.au" target="_blank" rel="noopener">hello@wealthful.com.au</a> Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:<a href="http://www.getauctionready.com.au" target="_blank" rel="noopener">www.getauctionready.com.au</a> Use the coupon ELEPHANT for your 30% listener discount. 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 21 April, 2020. <a href="https://www.theelephantintheroom.com.au/podcasts/128" target="_blank" rel="noopener">https://www.theelephantintheroom.com.au/podcasts/128</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

Data-stalking 1,500 individual investors: What are they buying and what are their property behaviours.

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