Auction Results 27 June 2020

Domain released their preliminary result for today. Volumes are coming back to more “pre-COVID” levels but clearance rates are lower…

Canberra listed 24 auctions, reported 20 and sold 16 with 4 passed in to give a Domain clearance of 80%.

Brisbane listed 52 auctions, reported 26 and sold 15 with 4 withdrawn and 11 passed in to give a Domain clearance of 50%.

Adelaide listed 24 auctions, reported 9 with 6 sold, 1 withdrawn and 3 passed in to give a Domain clearance of 60%.

A Bear Goes Into The Dragon’s Den

This week I recorded an interview with The Elephant In The Room’s Veronica Morgan for Real Estate Talk, slated as “your trusted voice in property investment. Australia’s most respected real estate investing experts give tips on wealth creation”.

Importantly, we got to the heart of the property issue, and found much common ground. I may have diluted the perception of being an outright property “bear” but perhaps we underscored the realities in the markets at the movement. And yes, property is still overvalued against long term fundamentals by ~40%.

https://realestatetalk.com.au/doomsayer-explains-his-theory-regional-bonanza/

This week Veronica Morgan catches up with a self-confessed property bear whose message has been largely misunderstood. Martin North explains his thoughts about property investing in a fascinating 2 part interview. Simon Pressley and Cate Bakos talk about why many regional locations are exhibiting firm demand and as a follow on to that story, Kevin Turner asks Miriam Sandkuhler why buying in regional areas. But first Veronica is hot on the trail of a story of particular interest to people with pets in strata with strata layer Amanda Farmer.

When Is A Rate Not THE Rate? – With Steve Mickenbecker

I discuss mortgage rates with Canstar’s Steve Mickenbecker, and how its possible to save thousands of dollars over the life of a mortgage. We discuss the “apathy tax” and what we can do about it!

https://www.canstar.com.au/author/steve-mickenbecker/

It’s All An Attitude Of Mind

I caught up with two famous motivational speakers, Les Brown and Dr Willie Jolley, ahead of their upcoming free digital seminar on the 28th June 2020.

We discussed how to respond to the current uncertainties we are facing, and the importance of mindfulness. It is truly an attitude of mind.

Note DFA has no financial relationship with these speakers or upcoming seminar.

To register for the FREE for the Get Motivated Get Wealthy Online conference, visit www.getmotivatedgetwealthy.com.au

Join Us Tonight DFA Live Q&A On Bank Deposit Bail-In, Derivatives Risk, and The Cash Ban: 20:00 Sydney Time

Robbie Barwick from the Citizens Party joins us for a discussion on Banking Reform. A critical issue at this pivotal time. You can ask a question live, or ahead of time via the DFA Blog.