Uncovering hot property markets, today. Hotspotting has always been about helping investors find the best location to buy based on quality research. The Hotspotting Podcast is a Real Estate Property Investment show and delivers this information and more! In each episode Terry Ryder from Hotspotting will bring you knowledge and interesting conversation on everything a property buyer wants and needs to know to make informed decisions. From unravelling the latest data, trends and market statistics, discussing areas of growth and the bigger issues influencing Australia’s property landscape. Whether you're a seasoned property investor or you're buying your first home, we’re here to build your knowledge. Knowledge gives you the power to make smarter investment choices.
About Terry Ryder
Terry Ryder is the founder of hotspotting.com.au.
For 32 years, Terry Ryder has been a specialist researcher/writer on residential property in Australia. In 2006 he created Hotspotting.com.au to help investors find the best places to buy. Terry’s reports and commentary are based quality data and information. His views are totally independent and free of vested interests or outside influences.
Perth Continues To Be A Nation-leading Market
Perth has shown strong resistance to downturn pressures as it maintains high levels of sales activity and good price growth.
In contrast to trends in the biggest cities, Perth has delivered strong levels of sales volumes in recent quarters, despite all the disruption from interest rate rises, high inflation figures and all that ridiculously negative media.
In our latest quarterly survey, most of the suburbs in the Greater Perth area are categorised as rising or consistency markets.
This means the Perth market has been consistently strong in every quarter over the past two years, with well over a hundred suburbs categorised as rising markets.
Overall, Perth has been become one of the biggest targets for investors across Australia because the local economy is strong, the population is growing, real estate is cheap relative to other cities and the growth prospects are attractive.
Price Trends Across Australia Look Increasingly Positive.
Although media reports CoreLogic data as if it’s the only source available – and the gospel truth – there are other reputable, credible sources whose figures are somewhat different.
CoreLogic claims that prices fell everywhere in October but other research sources like PropTrack and SQM Research disagree.
In the latest data on prices from SQM Research, house prices have risen nationally 2.5% in the past month, according to the SQM Prices Index.
Regional markets, overall, continue to be stronger than the cities, but the capitals are doing well also.
How To Double Your Wealth Faster - Using property to accelerate "The Doubling Game"
Andrew Courtney of Plenitude Wealth is an acknowledged expert on "The Doubling Game".
He explains it like this: "If you start off with $1,000 and double it 10 times you get to $1 million. Double it 10 more times you get to $1 billion. In other words, if you could double your net assets 20 times you would be a billionaire."
Courtney joined Hotspotting founder Terry Ryder on Wednesday 9 November to explain how "The Doubling Game" works and how real estate investment can accelerate the process.
"It's all about how fast you can double," he says. "The challenge, as you move along the cycles, is that it becomes harder and harder to speed up the process."
Achieving this level of wealth is impossible unless you're an investor.
"Ideally, you want a scalable business and you need to be an investor as well. Real estate can be central to the process.
"Depending on where you are in the game and how much time you have, this will determine how much real estate comes into play."
In the webinar they discussed the level of capital you need, to achieve the income you need, to create the lifestyle that you want.
Those who register for this webinar will receive a free workbook on "The Doubling Game" process.
Brisbane Poised To Resume Its Price Growth Path In 2023
Few markets across Australia have better prospects for growth than Brisbane’s.
It has all the major ingredients for upward movement in values, including strength in the underlying economy, a high level of spending on infrastructure and the biggest population boost from internal migration of anywhere in Australia.
It is one of the nation’s leading beneficiaries from the Exodus to Affordable Lifestyle trend and it has the prospect of significant economic and real estate uplift from the impact of the 2032 Olympic and Paralympic Games.
Further confidence comes from the ranking of Queensland as the nation’s second strongest economy in the October 2022 edition of The States of the States report published by CommSec. In this report, Queensland ranks No.1 on population growth and on employment.
Discover the strongest growth prospects in the newTop 5 Brisbane Hotspots 2022-23 edition report out now.
Did House Prices Rise Or Fall In October?
If you’re someone who tunes into mainstream media, you can be forgiven for thinking they fell for the sixth consecutive month – because that’s what many media outlets have reported.
But this is because of the tendency by journalists to use the data published by CoreLogic, an organisation driven by a desire to generate media sensation, rather than a desire to provide quality information to consumers.
Others research entities – and I mean credible, reputable sources of price information – disagree with the CoreLogic claim that the national average in October was a further decline in house prices.
Both PropTrack and SQM Research have published data which contradicts the figures from CoreLogic.
And I think it’s important for consumers to be aware that there are alternative views about price trends which need to heard.
Because both PropTrack and SQM record significant instances of house prices rising during October.
Interest In Regional Queensland Revives After Land Tax Scare
Regional Queensland is a natural consideration for property investors because many of its cities offer attractive affordability and good yields within the nation’s leading population growth state.
The market’s appeal was temporarily curtailed by plans from the Queensland Government to introduce an onerous land tax policy, causing investors to shelve plans to buy in the state.
However, more recently the State Government has been forced to admit that its tax proposal was unworkable.
Since the announcement that the land tax plan was being scrapped, investors have put Regional Queensland back on the agenda.
Many of the state’s regional centres are ideal targets for property investors because they offer low prices and high yields, supported by ultra low vacancies, at a time of rising interest rates.
They also present good prospects for future growth, underpinned by strong local economies and big spending on infrastructure.
Discover our top picks for regional Queensland investment in our new Top 5 Regional Queensland Hotspots report.
Property Bull Perspective and excellent local knowledge
A great source for the property bull perspective and the ‘upside’ case post Corvid-19
However, Terry does critique the media for not having an in-depth understanding of the complexity of the property market.
I find it slightly ironic that Terry places strong faith in Chinese stimulus and a subsequent resource boom when his is not a China or Resources expert.
There is no mention that Chinas massive debt is concerning the CCP and their explicit goal to become a consumer economy and significantly reduce its demand on iron ore and coal.
With regard to resources, oil has crashed, this may become a contagion for other natural resources.
Terry has an anchor bias that assumes a boom because that’s what happened in the GFC. He may be right, but not pointing out the downside risk from China is an oversight.
Despite this I enjoy the podcast, his excellent local knowledge and micro post code perspective is great 👍
Generally good content although would prefer longer episodes. Sound quality is terrible. It would be great if Terry would invest in a decent mic, they don’t cost that much these days. Would be 5 stars if the sound quality was as per the 2020 standards and not 90ies.
Really enjoy the conversation between Terry & Drew on a topic that can be like a minefield. Adding this podcast to the list!