Current Market Insights

Harris Partners Real Estate

The Current Market Insights Podcast is brought to you by Harris Partners Real Estate. Understanding the property market can be a challenging thing, with highs and lows, twists and turns. The media and agents tend to spread the news they want you to hear, with the advice they want you to follow. Current Market Insights is an unbiased look into what is happening, what tips you can use to buy, sell, or rent, and that you wont find anywhere else.

  1. 4d ago

    Episode 132: Why Strata Apartments Can Be Hard To Sell?

    Strata can be the quickest path into the Sydney property market, but it can also be the fastest way for a sale to stall when buyers sense uncertainty. We sit down as Ciaran O’Brien and Peter O’Malley to unpack why strata title apartments often face tougher market psychology than houses, and why a single line in a strata report can knock tens or even hundreds of thousands off what a buyer is willing to pay.  We dig into the real drivers behind buyer fear: building defects, water ingress, and the “water always finds a way” reality of membranes, balconies, and common property maintenance. We also talk about special levies in the current cost of living climate, including how big they can get, and why delaying repairs often turns a manageable problem into a value-destroying one. If you’re selling, we share practical ways to reduce the unknowns, including when paying a levy upfront and showing receipts can protect your sale price.  Disclosure is a major theme too, from strata documentation to what’s being built next door. We walk through high-profile examples where contracts were overturned and agents faced serious consequences, and we explain the simplest buyer protection line of all: the purchaser relies on their own enquiries. If you’re buying an apartment, we outline how to read the signals in minutes and reporting, and when a scary-looking block might still hide real value if the pathway to rectification is clear.  If this helps, subscribe, share the episode with a mate who’s apartment hunting, and leave us a review. What’s the one thing you always check before buying into a strata plan? Send us Fan Mail As always if there is a specific topic you would like for us to cover, please reach out and let us know!

  2. Oct 21

    Episode 131: What Happens When Confidence Leaves The Market?

    Sydney’s spring market is meant to be loud, busy, and confidence-driven. Right now it feels muted, selective, and surprisingly fragile, even with buyer groups still showing up in the right parts of the city. We unpack what the latest auction clearance rates are really saying, why a lack of new listings is not automatically good news, and where genuine demand is still holding up across the Sydney property market. From there we get into the uncomfortable questions: what happens to first home buyers who entered with small deposits if prices dip further, and why negative equity can be the bigger trap than repayments. We also connect the dots between rising unemployment, job cut headlines, and the real-world risk that the next wave of stress is driven by income shocks rather than interest rates alone. We then zoom out to the Reserve Bank of Australia’s balancing act on inflation and employment, and what a tougher stance on inflation could mean for mortgage holders heading into the next rate decision. On the ground, we talk rentals in Sydney, why the rental crisis has eased but not reversed, and how landlords, tenants, and even owner occupiers are adapting through shared households and rent expectations. Finally, we break down what sells in a soft market, why overpricing gets punished fast, and why developers and flippers are stepping back as capital gains tax settings and building costs change the maths. If you found this useful, subscribe to Current Market Insights, share it with someone watching the Sydney market, and leave a review with your biggest question about property, rates, or rents. Send us Fan Mail As always if there is a specific topic you would like for us to cover, please reach out and let us know!

  3. Oct 13

    Episode 130: ACCC moves on REA Group - cancels onerous subscription conditions

    Paying $10,000 to $15,000 for a single online property campaign has somehow become a “normal” cost of selling in Australia, even when the outcome is far from guaranteed. We pull apart the ACCC’s move that forces REA Group to strip restrictive clauses from realestate.com.au contracts, and why that matters for everyday sellers, landlords, and renters who ultimately fund the marketing bill. We talk candidly about how the real estate industry went from newspaper classifieds to a portal-dominated model where agents can feel locked into expensive upgrade tiers. We explore what genuine consumer choice looks like when one platform has overwhelming market power, and why the ACCC can’t control prices but can challenge anti-competitive contract structures. We also compare the trajectories of realestate.com.au and Domain, including why traffic and enquiry can still be suburb-specific, and how that should shape a smarter listing strategy. Then we look forward. Off-market listings, agency-owned marketing, and AI-powered search are changing how buyers find property. If buyers increasingly discover homes through Google and more curated search results, the case for a single central portal weakens fast and the whole real estate advertising model becomes easier to disrupt. If you’ve ever wondered who really benefits from premium listing packages, rebates, and awards culture, this conversation is for you. Subscribe, share it with a mate who’s selling, and leave us a review. Do you think AI will break the property portal duopoly, or will the old model hold? Send us Fan Mail As always if there is a specific topic you would like for us to cover, please reach out and let us know!

  4. Oct 8

    Episode 129: Sydney’s Spring Market Reality Check

    Sydney’s spring selling season is supposed to feel like momentum, but the long weekend results feel more like a warning sign. We sit down with Peter O’Malley from Harris Partners Real Estate to make sense of the latest Sydney auction numbers and what they reveal about buyer confidence, pricing, and the real mood on the ground. We dig into why raw auction stats still matter, then compare this October long weekend with the same period last year when interest rates and expectations were very different. From there, the conversation widens to the national picture, including fresh signs that the Brisbane housing market has turned after a huge run-up. If you’re watching Australian property prices and wondering whether the “boom” is truly over, the data points we discuss will sharpen your read. Affordability is the thread running through everything. We talk about Western Sydney price falls, why first home buyers are hesitant even when prices drop, and how rising rents make saving a deposit harder. We also unpack negative gearing, serviceability buffers, and why more landlords are selling, which can leave tenants getting shuffled from property to property as homes hit the market. If you’re trying to decide whether to buy, sell, or hold, this is a clear-eyed listen focused on practical realities rather than wishful forecasts. Subscribe for more straight talk, share this with someone stressed about housing right now, and leave us a review. What are you seeing in your suburb: prices easing, listings rising, or buyers disappearing? Send us Fan Mail As always if there is a specific topic you would like for us to cover, please reach out and let us know!

  5. Oct 1

    Episode 128: Is The Property Market Is Rewriting The Rules In 2026?

    A cash rate hike is never just a number, it’s a message, and the RBA just sent one loud and clear. We react to the Reserve Bank of Australia lifting the cash rate to 4.6% and dig into the wording that matters most: inflation risks are “materialising”, forecasts are being overtaken, and the Bank is prepared to do what it takes to bring inflation back “sustainably” to target. We talk through what’s driving the inflation outlook, including higher global energy prices tied to the expanding Middle East conflict, domestic capacity constraints, weak productivity growth, and the less obvious factor the RBA flags: front loaded AI investment and the war for specialist talent. Then we bring it back to real life. Rate rises hit more than mortgages, pushing up costs across credit cards, personal loans, business lending, car finance, and even the effective cost of unpaid tax debts. That broader tightening is how economies slow, and it’s why job losses and business failures become part of the story. From there we shift to the Sydney property market, where the spring selling season looks unusually muted and the auction clearance rate has sunk to 29.77%. We break down why homes still sell when they’re priced to today’s conditions, and why unrealistic quoting can backfire hard. Finally, we share a confronting “stat of the week”: reported buyer defaults on unconditional contracts in NSW jumping from 1 in 1000 to 1 in 100, and what that says about valuations, finance approval risk, and buying before selling. If you want clear, practical property market insights without the hype, follow the podcast, share this with someone watching the market, and leave us a review. Do you think we’re near the bottom, or only halfway through the reset? Send us Fan Mail As always if there is a specific topic you would like for us to cover, please reach out and let us know!

  6. Sep 24

    Episode 127: Spring Stalls – Sydney’s Market Faces a Reality Check

    Hosts Ciaran O'Brien and Peter O'Malley examine why Sydney’s spring property market has failed to deliver the expected lift, with weakening auction results pointing to broader market pressure rather than weakness confined to a particular property type or region. We unpack the signals that matter, the mistakes being made by vendors and agents, and what could genuinely shift buyer sentiment. We also discuss:  Spring stock surges diluting buyer demand, even in traditionally strong years  The emergence of two distinct vendor types: pragmatic sellers and those in denial  Why agent performance is being sharply exposed as market conditions become tougher  Warning signs of the wrong agent, including low drive, a lack of ideas, and poor momentum  How reported auction clearance rates can be manipulated and why they may not tell the full story  Why reported sales volumes can provide a cleaner picture of actual market activity  Failed auction campaigns spreading into traditionally strong blue-chip suburbs  How geopolitical shocks can flow through to household confidence and buyer sentiment  RBA messaging around unemployment and the possibility of further rate increases  Why identifying a market bottom requires a genuine trigger rather than hope or anchoring to previous peak pricesSend us Fan Mail As always if there is a specific topic you would like for us to cover, please reach out and let us know!

  7. Sep 15

    Episode 126: What Happens To A City When Rents Rise Faster Than Wages

    Sydney property has long been treated like a one-way bet on capital growth, but that story is getting stress-tested in real time. We sit down and talk through the shift we’re seeing on the ground: investors looking past the hype and asking a tougher question first which is what’s the net yield after the real costs, and does it stack up against today’s mortgage rates? When the answer is “no”, buyers pause, and that changes the whole feel of the market.  We also get practical about definitions, because the language matters. We explain gross yield versus net yield, and why quoting only headline rental return can hide the impact of strata levies, land tax, council and water rates, vacancy, maintenance and management fees. That difference is often the gap between a property that looks fine on a spreadsheet and one that quietly bleeds cash. With negative gearing incentives reduced and interest rates elevated, the investment property calculation becomes less about hope and more about comparison and risk.  From there, we zoom out to what this means for rents and for people. If investor demand drops while rental demand stays high, the market can recalibrate through softer prices and higher rents, but those rent rises come with real side effects: households downsizing suburbs, taking on housemates, and greater housing stress across the city. If you care about the Sydney property market, rental yields, interest rates, and what happens next for landlords and tenants, this conversation gives you a clear framework to think with.  If you found this useful, subscribe, share it with a mate who follows property, and leave a review so more people can find the show. What do you think will matter most from here: rents, rates, or policy? Send us Fan Mail As always if there is a specific topic you would like for us to cover, please reach out and let us know!

  8. Sep 10

    Episode 125: Has Sydney Hit The Bottom?

    Calling the “bottom” in the Sydney property market makes for great headlines, but it can be a costly mindset if the cycle still has further to fall. We take a hard look at the chatter coming from big industry voices and compare it with what we’re seeing from real buyers and sellers across Sydney, especially in the inner west. Rising sales volumes can feel like momentum, yet we ask the uncomfortable question: is that genuine demand, or simply vendors finally conceding on price after months of resistance? We dig into the real drivers that can change the next quarter fast: the risk of another RBA rate rise, oil pushing back through US$100 a barrel, and what inflation and unemployment could mean for borrowing power and buyer confidence. We also explain why downturns work differently. In a boom, the most motivated buyer sets the price ceiling. In a correction, the most motivated seller can set a new floor for everyone else, and one sharp loss can reset expectations across a whole pocket. From there we get practical about who is moving and why. We talk through the sellers upgrading in a down market, the landlords deciding yields are not worth the capital risk, and how those choices feed into the rental market. Tenants are reacting to rent-rise forecasts by accepting increases earlier and trying to secure longer leases, even as winter brings its usual seasonal dip. With fewer landlords and steady immigration, we flag why competition can surge again into late 2026 and early 2027. We also give a timely update on the Bathla Group fallout and what happens when a major Western Sydney developer collapses. Some projects may be rescued as lenders and private credit players strip out prime assets, but housing delivery targets do not get met by approvals alone. If you care about prices, rents, or supply, this part matters. If you found this useful, subscribe, share it with a mate watching the market, and leave us a review. Where do you think the real turning point is for Sydney property? Send us Fan Mail As always if there is a specific topic you would like for us to cover, please reach out and let us know!

About

The Current Market Insights Podcast is brought to you by Harris Partners Real Estate. Understanding the property market can be a challenging thing, with highs and lows, twists and turns. The media and agents tend to spread the news they want you to hear, with the advice they want you to follow. Current Market Insights is an unbiased look into what is happening, what tips you can use to buy, sell, or rent, and that you wont find anywhere else.

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