Hosted by REIP CEO Sadhana Smiles, we bring you discussions and updates to keep you across what you need to know in the real estate market and within leadership circles across Australia.
Each month we invite Tim Lawless from Core Logic to give us a wrap up on real estate sales and property management across the country, with key market insights, and engaging updates on the real estate market across Australia.
We also hold conversations with dynamic leaders and industry executives who share their insights, knowledge and experience on how they lead their teams and businesses.
June Australian Property Market Update/Tim Lawless
National home values rose 1.9% in June, taking annual growth to 13.5% for the financial year. The growth in Australian dwelling values was led by houses, which rose 15.6% over the year, compared to a 6.8% lift in unit values.
It is the highest annual rate of growth since April 2004. The gap is narrowing between regional Australia and Capital cities.
New listing stock remains low which is adding to continued buyer FOMO.
The rental values continue to see strong growth and a slight uplift in Sydney and Melbourne.
May Australian Property Market Update/Tim Lawless
A lot has happened in May. National values lifted 2.2%, capital city growth continues to outpace regional markets and Melbourne went into its 4th lockdown.
In this months podcast Tim and I discuss
the performance of markets across Australia
the impact of lockdowns
growth in smaller capital cities
rental market performance
total number of homes on the market remains 24% below 5 year average and impact this has on prices
affordability for first home buyers
and much more
April Property Update - Market showing some early signs of slowing down
In this April Market Update I talk with Core Logic's Tim Lawless on the continued increase in housing value, pace of capital gains easing, market conditions across the country in sales and rentals. We review what is driving growth, what may slow it down, first home buyer opportunities and market labour trends.
REIP Insights/Mike Green, Joel Davoren, Damian Hackett
In this episode, we have guest host Kevin Turner chatting with Sadhana, Mike, Joel and Damian on who REIP is, the key Pillars, and what they see as the long term role of REIP.
March Property Market Update - fastest rate of growth since Oct 1988!
We have just seen the fastest rate of growth since October 1988!
March saw the end of Job Keeper, the moratorium, mortgage deferral program yet the market remain "hot".
Capital city growth is just out pacing regional growth where properties are being snapped up in record time.
We are starting to see an increase in stock however there is still the supply/demand issue that is keeping prices high.
The high auction clearance rate is a good indicator of the tight market conditions.
Tim and I discuss:
•whether the market is getting too hot too quickly
•could we see regulators stepping in if this trend continues with macro prudential controls
•the diversity in the rental market across the country
•inner city rental markets still experiencing long vacancy periods
•what could slow the pace of growth
•what may trigger the next down sizing phase
Maria & Manos Findikakis / The Invisible Entrepreneurs
Many years ago I read the book The Invisible Entrepreneur, by Louise Woodbury and William De Ora.
It is a book that changed how I view running a business and I have used it many times when coaching business owners.
The book is all about how you can
* Be in the driver's seat and be involved in the day-to-day management if that's what you're passionate about.
*To take three months off (or more), allowing yourself to recharge and simply have a break while the right person runs the business when you're away.
*Create a turnkey business you can walk away from altogether, while it continues to generate income for you.
*Sell your business at a much higher value than what it would be worth before undergoing the Take 3 Months approach.
*Succession planning blueprint for you to transfer your business to the next generation or preparing for a management buyout.
My conversation with Manos and Maria - founders and Directors of eView Real Estate was very much about how they have achieved much of this.
They spent 6 months in Greece during COVID and their business did not miss a step. Today they have a global team in place - Australia, Greece, Sweden and their business model, which has evolved over the years, is certainly one that will change this industry.
Their energy and connection will jump out at you, it is a conversation that will make you think differently and I hope enable you to think about how you can become The Invisible Entrepreneurs