From the We-chat chatters to the latest numbers and market commentary, we pick apart the property market. And Edwin lets us into more secrets of the Auctioneer.
Go to the Walk The World Universe at https://walktheworld.com.au/
Digital Finance Analytics (DFA) Blog
Its Edwin's Monday Evening Property Rant! [Podcast]
My Monday chat with Edwin, which covers the latest numbers of property listings in Sydney, and our discussion is packed with insights about the market, and potential future trajectory. Go to the Walk The World Universe at https://walktheworld.com.au/
Digital Finance Analytics (DFA) Blog
Its Edwin's Monday Evening Property Rant! [Podcast]
Queensland has been a state where property investors have traditionally made better returns on a net and gross basis, from investment property in the state, compared with those in New South Wales and Victoria.
To recap, gross investment returns is the ratio of current property market value compared with the current rental paid, assuming the property is fully let. The Net Investment return is a more real-world measure, which takes account of actual vacancy rates, cost of mortgage, maintenance, and management of the property. In our surveys, many property investors have no feel for their true net returns, clinging to the prospect of eternal capital gains.
Those in Victoria are worst placed, which explains the very strong interstate investment in Queensland, one reason why prices and rents had shot up in the past couple of years.
But there is something afoot in Queensland, which could change this picture, possibly significantly. Indeed, those following the AFR will have noted its fever pitch campaign against an Australian-first move whereby landholders will have to voluntarily disclose their interstate holdings in other states before being taxed for their Queensland holdings. These land tax changes were first announced in the 2021-22 budget update on 16 December 2021. Queensland Treasury has said the tax change will raise only $20 million a year from 2023-24 and impact about 10,000 landholders, most of whom who live interstate.
Investors are irate with the changes, saying they will drive investors out of Queensland as well as push up rents and that they felt like they were being taxed twice in two different states. A spokesman for Mr Dick acknowledged this week the tax change would affect some Queensland investors.
So now Queensland owners are now working out how they will be stung by the tax.
Go to the Walk The World Universe at https://walktheworld.com.au/
Digital Finance Analytics (DFA) Blog
A Taxing Time For Queensland Investors... [Podcast]
In this show we do a deeper dive into the ABS Census data series and examine the distribution and location of vacant property as defined by the census. We highlight the post codes with the highest counts and their distribution. We have mapped the results and added them to our Core Market Model. Go to the Walk The World Universe at https://walktheworld.com.au/
Digital Finance Analytics (DFA) Blog
More On The Unoccupied Housing Question... [Podcast]
My latest chat with Edwin as we discuss politicians and their property portfolios, as first time buyers feel the pressure, and mortgage prisoners are a things. We also discuss some of the strategies to make sure agents are working for you.
https://www.ribbonproperty.com.au/
Go to the Walk The World Universe at https://walktheworld.com.au/
Our latest Friday afternoon chat, picking over the latest charts, which are telling a confusing story, as Central Banks continue to hike into a head wind. How will this play out?
You can get Tarric’s charts here: https://avidcom.substack.com/p/charts-that-matter-2nd-september and follow him on Twitter @Avidcommentator
Go to the Walk The World Universe at https://walktheworld.com.au/
Digital Finance Analytics (DFA) Blog
Blowing The House Down: With Tarric Brooker [Podcast]
Edwin and I was joined by WA Property Manager Rob, to look at what is happening in the West, as well as our normal chat about the latest numbers, and a stunning example of development which you will simply not believe. Plus some property related pet tips.
https://www.ribbonproperty.com.au/
Go to the Walk The World Universe at https://walktheworld.com.au/
Digital Finance Analytics (DFA) Blog
Its Edwin's Monday Evening Property Rant! [Podcast]
Property insider Edwin Almeida joins me for another property related chat, as we move towards the start of the spring season. Some are saying the markets are turning, but we explore what is really going on as listing continue to rise, and more are expected to arrive on book soon. Also we look at a recent example of nasty surprises post purchase, what lies beneath?
https://www.ribbonproperty.com.au/
Go to the Walk The World Universe at https://walktheworld.com.au/
Digital Finance Analytics (DFA) Blog
Its Edwin's Monday Evening Property Rant! [Podcast]