This month we look at year to date data, focusing on how the dramatic price rises of the most recent months may have set the stage for the rest of the year? It has been a challenging time for home buyers and a lucrative opportunity for vendors, but will current market conditions last? How many more times will the buyer’s return to the market to try their luck again?

Kent Lardner provides key statistical insights on current trends and their inevitable effect on the property market, revealing the full extent of the recent price rises, with 20% of all markets risen in value by 20%.

Here’s what we covered:
How inventory levels and price changes relate.
What areas with high supply still saw a positive price change?
Any areas with low supply and negative price changes?
What is the outlook for the remainder of 2021
What areas will be worth investing in later in the year?

RELEVANT EPISODES:Suburb Trends May 2021 | Rental VacanciesSuburb Trends April 2021 | Highest median growth suburbs!Suburb Trends March 2021 | Areas with big price falls!

LINKS:www.suburbtrends.comhttps://www.suburbtrends.com/suburb-reviews

HOST LINKS: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

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 in June, 2021.

https://www.theelephantintheroom.com.au/podcasts/st11

This month we look at year to date data, focusing on how the dramatic price rises of the most recent months may have set the stage for the rest of the year? It has been a challenging time for home buyers and a lucrative opportunity for vendors, but will current market conditions last? How many more times will the buyer’s return to the market to try their luck again? Kent Lardner provides key statistical insights on current trends and their inevitable effect on the property market, revealing the full extent of the recent price rises, with 20% of all markets risen in value by 20%. Here’s what we covered: <ul> <li style="font-weight: 400;" aria-level="1">How inventory levels and price changes relate.</li> <li style="font-weight: 400;" aria-level="1">What areas with high supply still saw a positive price change?</li> <li style="font-weight: 400;" aria-level="1">Any areas with low supply and negative price changes?</li> <li style="font-weight: 400;" aria-level="1">What is the outlook for the remainder of 2021</li> <li style="font-weight: 400;" aria-level="1">What areas will be worth investing in later in the year?</li> </ul> RELEVANT EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/st10" target="_blank" rel="noopener">Suburb Trends May 2021 | Rental Vacancies</a> <a href="https://www.theelephantintheroom.com.au/podcasts/st9" target="_blank" rel="noopener">Suburb Trends April 2021 | Highest median growth suburbs!</a> <a href="https://www.theelephantintheroom.com.au/podcasts/st8" target="_blank" rel="noopener">Suburb Trends March 2021 | Areas with big price falls!</a> LINKS:<a href="http://www.suburbtrends.com" target="_blank" rel="noopener">www.suburbtrends.com</a> <a href="https://www.suburbtrends.com/suburb-reviews" target="_blank" rel="noopener">https://www.suburbtrends.com/suburb-reviews</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="https://linktr.ee/veronicamorgan" target="_blank" rel="noopener">https://linktr.ee/veronicamorgan</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">hello@wealthful.com.au</a> Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a> 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 in June, 2021. <a href="https://www.theelephantintheroom.com.au/podcasts/st11" target="_blank" rel="noopener">https://www.theelephantintheroom.com.au/podcasts/st11</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

Price movements and why some predictions fail.

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