Wondering what the 2024 property market has in store for you? Let's dive into the big trends and changes that might be coming our way.

In this episode, we take a close look at what could shape the property market in 2024. We're not making any predictions, but we'll talk about the important stuff like interest rates, how many houses are up for sale, and the impact of people moving into the country.

We also talk about how bigger economic trends and government decisions could affect the property market. Plus, we'll look at which areas might become more popular for buying houses and why. This part's really handy whether you're buying your first home, looking to invest, or just curious about what's happening in real estate.

So, whether you're planning to buy, sell, or just stay in the loop, tune in to this episode. We're breaking down the 2024 property market to help you make smart moves and stay ahead of the game.

Episode Highlights:

00:00 - Introduction

01:01 - Reflection on the real estate market of Australia in 2023

02:30 - Analysis of property price trends in Sydney and other Australian cities

04:35 - Australian property market dynamics in relation to interest rates and borrowing capacity

09:04 - Discussion on fixed rate cliffs, borrowing capacity, and resilience in the property market

10:47 - Examination of the rental crisis and its impact on the property market

14:48 - How does the shift from remote to office work impact real estate trends?

20:57 - Emerging trends in real estate due to changing family needs

23:55 - How is intergenerational wealth shaping the Australian property market?

28:15 - Factors driving the recent influx of investors in the property market

31:58 - The effect of rising interest rates on recent refinancing decisions

35:19 - The potential impact of new rezoning policies on the property market

40:45 - What are the implications of global economic uncertainty on property prices?

43:47 - Lessons learned from the unpredictability of the property market

46:41 - What six years of podcasting has taught us about the property market

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

Wondering what the 2024 property market has in store for you? Let's dive into the big trends and changes that might be coming our way.
In this episode, we take a close look at what could shape the property market in 2024. We're not making any predictions, but we'll talk about the important stuff like interest rates, how many houses are up for sale, and the impact of people moving into the country.
We also talk about how bigger economic trends and government decisions could affect the property market. Plus, we'll look at which areas might become more popular for buying houses and why. This part's really handy whether you're buying your first home, looking to invest, or just curious about what's happening in real estate.
So, whether you're planning to buy, sell, or just stay in the loop, tune in to this episode. We're breaking down the 2024 property market to help you make smart moves and stay ahead of the game.
Episode Highlights:
00:00 - Introduction
01:01 - Reflection on the real estate market of Australia in 2023
02:30 - Analysis of property price trends in Sydney and other Australian cities
04:35 - Australian property market dynamics in relation to interest rates and borrowing capacity
09:04 - Discussion on fixed rate cliffs, borrowing capacity, and resilience in the property market
10:47 - Examination of the rental crisis and its impact on the property market
14:48 - How does the shift from remote to office work impact real estate trends?
20:57 - Emerging trends in real estate due to changing family needs
23:55 - How is intergenerational wealth shaping the Australian property market?
28:15 - Factors driving the recent influx of investors in the property market
31:58 - The effect of rising interest rates on recent refinancing decisions
35:19 - The potential impact of new rezoning policies on the property market
40:45 - What are the implications of global economic uncertainty on property prices?
43:47 - Lessons learned from the unpredictability of the property market
46:41 - What six years of podcasting has taught us about the property market
Resources:
<ul>
<li aria-level="1">Visit our website <a href="https://www.theelephantintheroom.com.au">https://www.theelephantintheroom.com.au</a></li>
<li aria-level="1">If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a></li>
<li aria-level="1">Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">https://www.gooddeeds.com.au</a></li>
<li aria-level="1">Work with Veronica: <a href="http://www.veronicamorgan.com.au">https://www.veronicamorgan.com.au</a></li>
<li aria-level="1">Looking for a Mortgage Broker? <a href="http://www.blusk.au">https://www.blusk.au</a></li>
<li aria-level="1">Work with Chris: <a href="mailto:hello@blusk.au">hello@blusk.au</a></li>
</ul>
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!
<ul>
<li aria-level="1">Subscribe on YouTube: <a href="https://www.youtube.com/@theelephantintheroom-podcast">https://www.youtube.com/@theelephantintheroom-podcast</a></li>
<li aria-level="1">Subscribe on Apple Podcasts: <a href="https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719">https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719</a></li>
<li aria-level="1">Subscribe on Spotify: <a href="https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765">https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765</a></li>
</ul>

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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