Real Estate with Kevin Turner

Between June and September, every major Local Government Area in Queensland saw a tightening in rental vacancies - a trend since the beginning of the pandemic in March, raising a few questions. Shannon Davis from HQ Property is here to answer them.

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As remote working opportunities become more prevalent and demand for lifestyle properties and lower density housing options become more popular, regional areas of Australia have seen housing market conditions surge ahead. CoreLogic's Eliza Owen joins us for more.

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Buying and selling property just got a bit harder, but if we all do the right thing then we should be back to normal in no time. But what is the right thing? REIQ CEO Antonia Mercorella sets out the do’s and don’t’s.

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The process of buying and selling the property does not end with paying the seller and executing a document showing your interest to buy the property.  Kayleigh Whittaker fromMy Property Protect joins us.

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As happened at the end of 2019 – and every year for that matter – the predictions about what next years property landscape would be like were coming thick and fast.  Even after Covid hit the predictors were floundering.  One though has been able to nail it year after year – even when things go pear shaped.  Hot Spotting’s Terry Ryder is the man and he joins us with his thoughts on 2021.

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Normally if you asked the opinion of fourteen property experts about the future, you might expect to get fourteen different opinions.  Surprisingly, when Bricks and Mortar Media rounded up the opinions of some of the country’s leading property forecasting brains for their 2021 B.M.M. Property Market Forecast, it didn’t quite work out that way. Nicola McDougall from Bricks and Mortar Media details the findings.

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“Don’t be like so many first buyers and start looking without a plan” is good advice from Property Pursuit's Meighan Wells, who recently helped start a new self-help podcast for first home buyers. She joins us to overview the podcast along with some of the critical errors buyers make. 

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A property failing to settle because of a default by the buyer is not totally uncommon, although it rarely happens.  Certainly, it has never happened on the TV series The Block – that is... until last week.  Winners of the Block 2020, Jimmy and Tam Wilkins have been forced to put their home back on the market after the buyer failed to pay for the property. Here is what to do to make sure it does not happen to you.  Lloyd Edge is from Australian Property Professionals.

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A great amount of property is owned by more than one individual and this is often referred to as ‘joint ownership'. However, there are two different types of joint ownership and real estate salespeople are often asked the difference between ‘joint tenants' and ‘tenants in common'.  Let’s clear it up.  Kayleigh Whittaker from My Property Protect joins us.

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With the economy taking a brutal beating this year, many Australians have been sitting cautiously watching and waiting to see what the impact will be on the property market before making any big moves.  How will the market respond in terms of property prices and buyer appetite?  There are trends that could indicate what next year holds in store.  Shannon Davis from HQ Property gives us some insight.

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The federal opposition has argued that the removal of responsible lending obligations could instigate another round of predatory lending.  What could that mean to the property finance industry? Know How Property's Bushy Martin joins us on the line.

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The CBD of Brisbane, which was brought to a standstill in March with COVID-19, has slowly returned to life.  However the future prosperity of the City has been thrown into doubt in a 2020 Inner City Vitality Report, commissioned by the Committee For Brisbane. Star Entertainment Group’s Geoff Hogg from the Committee joins me.

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Last week we mentioned the perils of Vestey Trusts and how they have re-emerged under a guise of legitimacy by DG Institute run by Dominique Grubsia.  She does so by praying on the fear of people with superannuation funds by pedaling false claims that the Federal Government will raid superannuation funds.  Investigative reporter for The Age, Richard Baker exposes Grubsia’s scheme.

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The property market shows no signs of slowing down with buyers frantic to secure a property before Christmas, according to Ray White Ascot's Dwight Ferguson.

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Unlike reverse mortgages which are debt-based credit products, DomaCom’s Senior Equity Release enables retirees to sell part of their home whilst retaining the right to stay there. DomaCom's Arthur Naoumidis joins us on the line explain more.

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Louis Christopher from SQM Research is well placed to pinpoint why finding that ideal property is a tricky proposition in the current market.  Hot on the heels of his Boom and Bust Report, he says the market is working in ways we have never seen before.

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Three years ago, we exposed the dangers of a ‘Vestey Trust’ in a conversation Kevin had with Ian Rodrigues. If you have not heard of a Vesty Trust - or as it has be re-labeled ‘A Master Wealth Control Asset Protection System’ - you will likely find it is not as good as it is made to sound – BEWARE.

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Core Logic’s Eliza Owen joins us to go through the spike in household debt over the last 30 years.

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There is every sign that this selling season will be like no other especially at the prestige end of the market. To meet the heightened demand, Ray White Ascot’s Dwight Ferguson has taken on the strategy of bulk auctioning, which he joins us to discuss now.

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Transacting in property is the biggest event many people will do in their life. When your time has come, it’s important to know how to negotiate your way to a good deal. Buyer’s agent Matt Reeves walks us through some tips for negotiations.  

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Over the week, the markets showed 1 in 10 properties in Melbourne’s CBD are now standing vacant.  Brisbane saw an increase in asking rents but overall nationally, returns are down for houses and units. With people using coronavirus as a catalyst for moving out to the regions, what does this mean for the capitals? SQM Research’s Louis Christopher has all the answers.

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COVID has spawned the term Wellness Lifestyle Real Estate. We have moved from Treechange to Seachange and now the drive is wellness, but this isn’t anything new. So what is it? Hear from the man who knows it best – HQ Property’s Shannon Davis.

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Property Investment Expert Bushy Martin says even though interest rates are at an all time low, you should never lock in your loan with a bank.

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There was no need to dress up for this auction or even get dressed! Auctioneer Christian Jensen from Harcourts Noosa did wear a suit jacket, but he was standing behind a podium – so who knows!

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Head of SQM Research Louis Christopher joins me to discuss the market’s performance during October. All capital cities recorded increases, with Melbourne striking the highest.

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A young couple who bought a brand new $540,000 home have lost $15,000 to a little-known loophole that consumer watchdog Tim O'Dwyer calls "disgraceful nitpicking". He sheds a light on how this happened and how to avoid the same trap.

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Prominent property and personal injury lawyer Peter Carter touches on some of the issues around seller protection when injuries occur on their properties.

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Who is responsible when someone inspecting your property gets injured? Not the agent – that is taken care of in the selling agreement. REIQ's Antonia Mercorella explains more.

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It’s not happening everywhere but growth markets are the rule, not the exception right now. But is it enough evidence to justify claims of a national boom? Hotspotting's Terry Ryder joins me on the line.

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Should I sell my investment property right now? There is no one answer but what I can tell you is why you should, why you shouldn’t, when to sell, and what to sell. My guest Margaret Lomas from Destiny Financial Solutions answers these burning questions. 

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9 Prospect Terrace at Hamilton could set a new benchmark for quality and price when it sells, and there is no shortage of buyers. Ray White's Matt Lancashire is the home's agent, and he joins me on the line.

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The REIQ reports that limiting first home buyers to new construction is a short-term 'sugar hit' that is only supporting a portion of the property market. REIQ's Antonia Mercorella joins me to explore what that means.

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Interest rates are at record lows and may continue to drop, so what then is the best way to approach the market? To buy new or established? That is the burning question that I answer with my guest, KnowHow Property's Bushy Martin.

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As a state, we need to be prouder of what we have to offer, especially when it comes to property, according to my guest REIQ's Antonia Mercorella.

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I can't help but feel there's a massive tidal wave behind the almost 1-million loans deferrals that happened during COVID. KnowHow Property's Bushy Martin joins me on the line to explore exactly what that means for you, as property owners, as well as a taking a deep dive into what the budget means to the industry.

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Eighteen years ago, property agents and businesses had a vastly different and "stagnating" image in the public domain. It was an era in which agents used the names of their founders to market what they did. My guest Damian Hackett says this called for a fresh approach to the industry, which became known as Place Estate Agents - and they've just celebrated 18 years in business.

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The growth of infrastructure is improving the value of properties in the inner suburbs and further out in the regions. Joining me to discuss this is Shannon Davis from HQ Property.

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In the June quarter, 52,000 Australian properties were re-sold – that is down by 20,000 sales or almost 30% due to the impact of COVID. CoreLogic's Eliza Owen joins me on the line to explore what this means.

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Louis Christopher has been crunching the numbers this week and joins me to throw some light on the real situation. 

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Terry Ryder is a student of trends and he has identified the markets in Australia that have all 4 key indicators of growth. He joins me on the line to share what these are.

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A deep dive into the markets in each state that bucking the trend and performing opposite to popular press predictions. Propertyology's Simon Pressley is my guest.

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Some measure the success of their property portfolio by its size.  Property developer and educator Rob Flux is living proof that it is not how many but how good.

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Some Queensland suburbs are showing double-digit rental yields and some of the staff performers have emerged out of the regions some close to the Brisbane CBD. Eddie Dilleen has amassed a property portfolio of 25 at the age of 28. He says buying properties now is a no brainer.

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The Federal Treasurer late this week announced that the Government would abolish tight lending laws imposed on banks during the GFC that saw the banks considering some discretionary spending by you and I as a black mark on our credit rating.  But will the banks co-operate?  Stephen Harris heads up one of the country’s biggest group of mortgage brokers – Nectar and he joins us.

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Streamline Property Buyers' Melinda Jennison is seeing more and more buyers opting to build new instead of buying established dwellings. In six Brisbane suburbs, she sees potential for hundreds of thousands of dollars in added equity for adopting that approach. She joins me on the line.

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REIQ's Antonia Mercorella gives her assessment of what effect Brisbane's two-speed rental market between inner and outer suburbs will have over the coming months.

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The onset of COVID-19 may be creating a two-speed rental market, with inner-city rents declining faster than those in the outer suburbs, according to CoreLogic's Eliza Owen.

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Property Mavens' Miriam Sandkuhler says Victorian buyers and sellers are currently in a "lockdown crossfire" as Victoria's tight restrictions continue to cripple the state's property activity.She joins me to discuss the impacts.

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Since April, talk of the backlash of coronavirus painted a daunting picture for many in the industry, but according to my guest, Principal of Ray White New Farm Matt Lancashire, market sales at the top end of the market have thrived.

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Leading property management expert Lauren Robinson joins me for a chat about the lingering impact of COVID-19 on landlords across the country. 

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Think back 5 to 6 months ago when we started to consider the impact of COVID-19 on property prices, there were predictions of 10, 20 and even 30 price falls. Propertyology's Managing Director Simon Pressley was one of few from the industry who believed the market would fare better than these predictions suggested.

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Australian Treasury forecasts are indicating a slowdown in population growth post COVID. It's predicted to be the lowest since 1917. CoreLogic's Head of Research Tim Lawless unpacks the meaning of this with me.

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Queensland’s peak body for strata management has slammed the latest delay by the Queensland Government to pass long promised and well overdue reform legislation. Strata law specialist James Nickless gives us the latest on this.

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It is true – buyers from other states are buying up big in Queensland and doing it sight unseen. REIQ's Antonia Mercorella joins me on the line for more.

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New research suggests the loss of employment, lower consumer sentiment and border closures have had a much larger impact on the number of properties marketed and sold than property prices themselves. CoreLogic's Eliza Owen unpacks what this means. 

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'Gazumping' is when a seller accepts an offer from one potential buyer, but then continues to negotiate with another buyer and then accepts their offer. It happened in Brisbane this week, and according to our listeners it is rife in the industry.

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In real estate terms, being gazumped happens when an agent asks you to submit your best and final offer on a property in a multiple offer situation and then comes back and starts to negotiate. It happened this week in Brisbane. REIQ's Antonia Mercorella takes a deep dive into the conflict of interest at stake.

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When an agent asks you to submit your best and final offer on a property in a multiple offer situation and then comes back and starts to negotiate - does that mean you are being gazumped? It happened this week in Brisbane and could happen to you. Peter Carter joins me on the line for more. 

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Earlier this week, an 8-year-old Sydney-sider made international headlines for becoming the youngest property owner. The auctioneer on the day, Rob Trovato, talks us through how it went down.

After that, we catch up with DomaCom's Arthur Naoumidis to kick start our final story of the program about a new super contribution avenue for SMSF retirees.

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The Gold Coast's market is experiencing major activity offset by lure of record low interest rates and the Australian dollar, and property is being sold sight unseen despite the pandemic, according to our next guest Vikki Plehan from Harcourts Coastal.

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How will market value in suburbs directly under the new flight path fare? Ray White New Farm’s Matt Lancashire offers his expert insight.

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Continuing with the theme of airport noise, we listen to what one listener has to say about living under the new flight path of Brisbane Airport. Then, REIQ's Antonia Mercorello joins us on the line to discuss the tighter vacancy rates affecting our state.

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Brisbane’s new runway is exceeding noise levels expected by residents with the airport running only at 40 per cent. Hawthorne local Valerie Kleindienst worries about the backlash it will have on liveability and market value once the airport returns to full capacity.

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Is COVID putting a halt to buying too far afield? MCG Quantity Surveyors' Mike Mortlock and I look at the stats around how far from home buyers are willing to look.

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The early access superannuation scheme was introduced by the federal government as part of the COVID financial relief strategy. It is estimated that 3 million Australians have accessed their super but with no checking by the ATO and it appears some people have used the money to purchase property.  Has that opened them up to possible action by the ATO? Cate Bakos joins me to answer this and more.

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Herron Todd White's Kevin Brogan joins me to discuss what is happening in the Australian market, after their property clock outlook painted a grim picture for Brisbane’s housing and unit market. 

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Jonathan Wein from LJ Hooker is marketing a stunningly renovated home with an industrial twist in Bridgeman Downs. He joins us on the line.

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Buying sight unseen is sometimes what has to happen if the property you want is not local. Property author and buyer's agent Miriam Sandkuhler delves into why people are willing to do this and the risks involved.

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COVID-19 continues to show an acute impact nationally on the rental market according to the latest CoreLogic data on rental listings. The report shows pain points worsening in most inner city areas. CoreLogic's Eliza Owen joins me for more.

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It is not generally advised for owners to sell their own properties, but if you are going to do it, one of the key points is to distance yourself from any emotional attachment, as Property Pursuit's Meighan Wells explains.  

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Figures show new listings grew 18 per cent, with more than 67,000 news listings added to the market during July. SQM's Louis Christopher joins me to look at what the market is doing.

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Buyer agent Cate Bakos joins me to discuss what an 'established property' is and why they offer better capital growth.

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Not every Australian housing market have performed the same way since the onset of the COVID-19 pandemic. REIQ's Eliza Owen joins me for more.

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Nicholas Stankiewicz takes us inside the Paddington property that has undergone a spectacular makeover, thanks to some craft work by the property's owner who also happens to be the designer. 

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Cutting stamp duty makes it easier for first time buyers to get into the market but is that good for them? There are some caveats, as Core Logic's Eliza Owen explains. 

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Knocking on walls during an inspection is like kicking the tyres of a car you are thinking of buying.  Why do it?  Well there is a good reason. This is Part 1 of 2 in our conversation with Veronica Morgan and Meighan Wells exploring why this is happening.

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Knocking on walls during an inspection is like kicking the tyres of a car you are thinking of buying.  Why do it?  Well there is a good reason. This is Part 2 of 2 in our conversation with Veronica Morgan and Meighan Wells exploring why this is happening.

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How likely is it that the Queensland State Government will follow the NSW example and cut stamp duty?  The REIQ is already on their case. REIQ's Antonia Mercorella tells us more.

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As more tenants decide to stay put and not buy a property, development rates decline and supply begins to drop, which means there is more demand for rental properties and vacancies tighten dramatically.  This increases opportunities for those who can read the signs, according to Simon Pressley.

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Property advertisement has come a long way from the days of print listings, but for all the new opportunities afforded by the industry's transition to online delivery, there are smoke and mirrors that can complicate the process and make it unaffordable. But it does not have to be that way, according to my guest Andrew Cole.

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Andrew Winter from the award-winning Selling Houses Australia will host an invitation only tour of Brisbane’s newest property opportunities. He joins us on the line.

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Core Logic's Eliza Owen discusses their latest report focusing on how COVID-19 has hit the rental market harder than the property buyers’ market.

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The powerhouse markets of Melbourne and Sydney are showing signs of the impact of COVID and now that Victoria is in lock down we can expect more angst. Josh Masters looks at all the markets around the country as we measure the overall impact city by city.

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Nationally, the portion of profit-making sales in the March quarter fell to 87.7 per cent from 88.7 per cent in the December quarter, with losses totaling $908.6 million in that quarter. Eliza Owen helps us understand the findings from the latest CoreLogic Pain and Gain report.

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This year, off the back of COVID-19, we have seen property managers rapidly adopt technologies allowing them to work remotely, carry out virtual inspections and book contactless appointments. It has also ramped up the opportunities offered by Artificial Intelligence like that created by Ben Burton from Rental Heroes. 

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There is a further shift away from metro areas to decentralisation and regionalisation. We look at which regional towns are benefiting and why. Simon Pressley joins me in the hot seat.

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Who said nothing new can happen in real estate? Some nifty thinking by one real estate agency is adding humour to streetside property signage. Damien Misso from Ray White at Woody Point joins me to discuss this and more on property in the Moreton Bay region.

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Recent claims that property auction reserves are not being met around the country has come under strong scrutiny by the nation's leading auction Ray White. For more on this, I am joined by Ray White's Managing Director to discuss the findings. 

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Reports all over point to a declining market lacking buyer confidence and enquiry, particularly at the top end of business, but that is not so, according to our first guest of the show, Sarah Hackett from Place Estate Agents.

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Meighan Wells from Property Pursuit sheds a light on how home buyers can avoid the nasty traps and obstacles of home ownership.

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Calling a property a 'pig' is not complimentary, but occasionally these kinds of properties can be real boons for investors... if they spot the right ones. That is what agent Zac McHardy says about one property on Brisbane's northside.

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A growing number of first home buyers are learning the skills of gearing thanks to a wonderful series put together by Jane Jack-Smith. She joins me on the show.

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Core Logic report that values have fallen again for the second month but it is not as bad as predicted or as it sounds, as my guest Core Logic's Eliza Owen explains.

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Auction data shows that despite the tight coronavirus restrictions, sellers still received 9 per cent more than their highest offer prior by selling under the hammer. Dan White and Craig Clydsdale explain why this is.

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With property markets on the cusp of another cycle of downsizing, the declines have been fairly mild – so far. To paint a clearer picture on where the biggest declines have happened, I am joined by Core Logic's Eliza Owen.

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Online property advertising in Australia is among the most expensive in the world. The likes of RealEstate.com.au and Domain dominate the scene, but a new challenger is on the move. Realty Media Group's Troy Rushton joins me to discuss how his company is reshaping the scene with a giving property agents new ways to target audiences on social media and property TV shows.  

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Young families, relocating workers and retirees looking to optimise their superannuation savings are among some of the home buyers opting for a regional owner occupier change. Many will choose to rent, creating a strong investment possibility. Cate Bakos from the Real Estate Buyer's Association discusses the possibilities.

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Well, the results are in and Brisbane's regional market is holding strong despite market downsizing around the country. Antonia Mercorella, CEO for the Real Estate Institute of Queensland, joins me for more.

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Damian Hackett, founder and CEO of Place estate agents answers the question "How is the property market really tracking?"

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