We’re always delighted to receive questions from you, our awesome listeners, so today, we’re going to be answering some of them!

Do you need evidence for different growth rates within a suburb? Have you always wondered if apartments were better than houses? What about the so-called “lifestyle compounds” and resort style complexes? Are they investment grade?

Let’s dive in and talk about stratified medians, doing your due diligence properly, the need to find a really good mortgage broker and lots 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:
How do you find the right asset if capital growth trajectories vary for properties in the same area? [01:32]
Local, on-the-ground knowledge [04:34]
Stratified Medians [07:52]
Choosing an apartment block with retirement options, on a budget [09:02]
Knock-on effects of affordability to one, two, three-bedroom apartments [18:01]
What will drive apartment prices to the next level? [23:32]
Are “lifestyle compounds” worth the investment? [24:40]
Anything new ages fast [33:04]
What you need to know about upfront deposits and auctions [36:53]
Do your due diligence before anything else [38:29]
Explaining auctions in hot and slow markets [41:05]
Find a really good mortgage broker [45:09] 
Thoughts on subsidized social housing & landowners willing to lend their land [51:15]

 

Links from the Show:
Get Auction Ready by Veronica Morgan (Use code ELEPHANT for 30% off)
Home Buyer Academy’s FREE Courses
Episode 191 - The Growing House Affordability Crisis | Michelle Adair
Suburb Trends July 2021 | Best Metrics to Measure Growth?
Episode 162 - Houses vs Apartments | Stuart Weymss

 

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/196

 

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

We&rsquo;re always delighted to receive questions from you, our awesome listeners, so today, we&rsquo;re going to be answering some of them!
Do you need evidence for different growth rates within a suburb? Have you always wondered if apartments were better than houses? What about the so-called &ldquo;lifestyle compounds&rdquo; and resort style complexes? Are they investment grade?
Let&rsquo;s dive in and talk about stratified medians, doing your due diligence properly, the need to find a really good mortgage broker and lots 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 <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a>!
See you in the episode!
&nbsp;
Episode Highlights:
<ol>
<li aria-level="1">How do you find the right asset if capital growth trajectories vary for properties in the same area? [01:32]</li>
<ol>
<li aria-level="2">Local, on-the-ground knowledge [04:34]</li>
<li aria-level="2">Stratified Medians [07:52]</li>
</ol>
<li aria-level="1">Choosing an apartment block with retirement options, on a budget [09:02]</li>
<ol>
<li aria-level="2">Knock-on effects of affordability to one, two, three-bedroom apartments [18:01]</li>
<li aria-level="2">What will drive apartment prices to the next level? [23:32]</li>
</ol>
<li aria-level="1">Are &ldquo;lifestyle compounds&rdquo; worth the investment? [24:40]</li>
<ol>
<li aria-level="2">Anything new ages fast [33:04]</li>
</ol>
<li aria-level="1">What you need to know about upfront deposits and auctions [36:53]</li>
<ol>
<li aria-level="2">Do your due diligence before anything else [38:29]</li>
<li aria-level="2">Explaining auctions in hot and slow markets [41:05]</li>
<li aria-level="2">Find a really good mortgage broker [45:09]&nbsp;</li>
</ol>
<li aria-level="1">Thoughts on subsidized social housing &amp; landowners willing to lend their land [51:15]</li>
</ol>
&nbsp;
Links from the Show:
<ul>
<li aria-level="1"><a href="http://www.getauctionready.com.au">Get Auction Ready by Veronica Morgan</a> (Use code ELEPHANT for 30% off)</li>
<li aria-level="1"><a href="http://www.homebuyeracademy.com.au/freecourse">Home Buyer Academy&rsquo;s FREE Courses</a></li>
<li aria-level="1"><a href="https://www.theelephantintheroom.com.au/podcasts/191">Episode 191 - The Growing House Affordability Crisis | Michelle Adair</a></li>
<li aria-level="1"><a href="https://www.theelephantintheroom.com.au/podcasts/st12">Suburb Trends July 2021 | Best Metrics to Measure Growth?</a></li>
<li aria-level="1"><a href="https://www.theelephantintheroom.com.au/podcasts/162">Episode 162 - Houses vs Apartments | Stuart Weymss</a></li>
</ul>
&nbsp;
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>&nbsp;</li>
<li aria-level="1">Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a>&nbsp;</li>
</ul>
&nbsp;
Find this episode on our website:
<a href="https://www.theelephantintheroom.com.au/podcasts/196">https://www.theelephantintheroom.com.au/podcasts/196</a>
&nbsp;
If you&rsquo;ve enjoyed this episode, don&rsquo;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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