Property Buzz

Momentum Media

Your daily Australian property news podcast. Welcome to Property Buzz, the home of all things bricks and mortar. We're nuts about property and we've got it all covered right here. You'll get all the latest chat about what's on the move, who's buying and selling and where the smart money is going. Whether you're a first time buyer, heavyweight investor, an agent, or a mortgage professional, you'll feel right at home with us. We'll keep you informed, ahead of the pack, and hopefully entertained.

  1. 4d ago

    20k Perth homes are underwater, economist says some pockets could fall 40%

    Prestige vendors are being asked to accept millions less, forecasters are revising their predictions down, and the RBA is hinting that inflation is worse than expected ... but will rising yields be a silver lining? Phil Tarrant and Liam Garman unpack what it could mean for investors, first home buyers and anyone with a mortgage. On this episode of Property Buzz, Phil Tarrant and Liam Garman look at a market where negative equity is spreading. They discuss a report that 20,000 Perth homes are now worth less than their owners paid and a Harbourside Sydney listing where the guide has reportedly slipped from a $28 million offer to $20 million-plus. The pair then weigh up the forecasts, including JPMorgan's revised outlook and Coolabah Capital's warning that some pockets could fall by as much as 40 per cent. Garman explains why he doesn't agree with every call, and why falling prices could open up higher yields in blue-chip suburbs for long-term investors. Both urge listeners to do their own due diligence and be wary of spruikers. Tarrant also challenges a report that investors are shifting to new builds, while the hosts discuss what proposed changes to trusts could mean for tradies and builders, and how rising interest costs and the pullback of SMSFs are adding pressure to developers. Then it's on to rates and politics: hints of a Melbourne Cup rate rise, what is feeding inflation beyond the war in Iran, and One Nation's pledge to restore the capital gains tax discount for up to two investment properties. Garman argues investors should factor in every political outcome, with the hosts floating a tongue-in-cheek policy of one negatively geared property per child. To get in involved, leave questions for Phil and Liam, or simply share videos or memes - join the Whatsapp group here.

    20k Perth homes are underwater, economist says some pockets could fall 40%
  2. Oct 16

    NSW is $200m short on stamp duty, hosts clash over brokers

    NSW collected 23 per cent less residential stamp duty in September than a year earlier, and Phil Tarrant and Liam Garman say it's only the start. But when the conversation turns to mortgage brokers, the hosts stop agreeing. On this live episode of Property Buzz, Phil Tarrant and Liam Garman dig into the numbers behind a sharp fall in NSW residential stamp duty: $663.7 million collected in September, down from $864.3 million a year earlier. Extrapolated across the country, they put the potential loss at $7.36 billion, a figure that sits inside the $6 billion to $8 billion range they've been predicting for months. The pair also unpack the NSW Labor pledge to let investors restructure trusts hit by the new discretionary trust tax without triggering stamp duty, and Victoria's promise to return its property tax threshold to $50,000. Then there's the data. Brisbane listings are up 40 per cent on last year with a clearance rate of just 20 per cent, unemployment has ticked up to 4.7 per cent, and part-time jobs have dropped by 74,000. Tarrant shares what buyer's agents and brokers are telling him on the street, from tactical finance to banks loosening up, and explains why he says now is the time to have a good broker in your corner. And then it gets heated. Tarrant takes aim at a looming levy hike on brokers while Garman plays devil's advocate – arguing consumer protection is a fair reason for scrutiny. Who wins the argument? You'll have to listen.

    NSW is $200m short on stamp duty, hosts clash over brokers

About

Your daily Australian property news podcast. Welcome to Property Buzz, the home of all things bricks and mortar. We're nuts about property and we've got it all covered right here. You'll get all the latest chat about what's on the move, who's buying and selling and where the smart money is going. Whether you're a first time buyer, heavyweight investor, an agent, or a mortgage professional, you'll feel right at home with us. We'll keep you informed, ahead of the pack, and hopefully entertained.

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