Performance Property Data

“Make sure that if you’re going to get a lawyer to do the work for you in a conveyancing space, that they are actually property lawyers.” In the final instalment of The Property Pineapple for 2018, Sharon welcomes Lynda Sanders into the studio. Lynda is the principal at the law firm Dixon & Sanders, who specialise in property and commercial law. In a wide ranging discussion, Sharon and Lynda chat about conveyancing, Property Exchange Australia (PEXA), tips for buyers and vendors, and her own property investing experience. This is the last Property Pineapple release from Performance Property Data for 2018. We will be back with more after the summer.   About Sharon’s guest, Lynda Sanders Lynda has extensive property and commercial law experience and can assist clients with all of their property and business law needs. Lynda has worked in a variety of legal settings as an in-house leasing solicitor for the Sussan Group (a major Australian retailer), as well as in private practice with the mid-tier firm Herbe

Coming to you from Perth, with the magnificent Swan River behind him, David gives you a quick definition of “vacancy rate”.    ‘Performance Insights’ is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel. ‘The Property Pineapple’ is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses. ‘Property Insiders’ is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise. For more information about how Performance Property Data can help you maximise your investment dollar, head to www.perfo

Sharon and Heath Bedford chat about the relationship between house and unit prices. And while there is a correlation between house and unit prices, it isn’t as simple as one going up and down with the other. Lag times between the markets, and a number of other factors including supply, demographics, and high house prices pushing people to unit purchases, factor into how the markets move.   ‘Performance Insights’ is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel. ‘The Property Pineapple’ is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses. ‘Property Insiders’ is also released every four weeks and are co

“Banks have reacted very quickly, and have shut down lending to a lot of people.” In the last edition of Property Insiders for 2018, David sits down with Nerida Conisbee, Chief Economist at the REA Group. They chat about her contributions to realestate.com.au as well as how key markets are shifting in the wake of political instability and the Royal Commission into the banking sector. About David’s guest, Nerida Conisbee Nerida is the Chief Economist at REA Group and is one of Australia’s leading property experts. Nerida provides regular commentary for SkyNews and a wide range of Australian media outlets covering digital, print, television and radio. She also provides content for REA Group’s websites including realestate.com.au and realcommercial.com.au About the host, David McMillan During his 16 years in the property industry David has worked as a property valuer and property adviser to private clients, financial planners, accountants, finance brokers, major banks and governments. He has been involved in mor

“If you are looking at heading over there, if there’s any negotiations in your contract talks, US dollar is always the main one to go for.” The Daves (Misters McMillan and Petrevski) are back with another chat about the investment options for Australian expats. However this time the tables have turned somewhat, with Petrevski taking the lead in asking the questions. And the biggest question of all is “why should expats invest back in Australia?” Both the Daves believe in the importance of educating Australians who are heading overseas about what their options are in regards to investments. This is why they both make regular trips to expat hotspots to share their knowledge. And they do this the core understanding that the overwhelming majority of expats, at some time, will return. Whether an expat should invest back in Australia will largely depend on their answer to the question “where do they eventually want to buy their principal place of residence?” Another important question is “where are they going to se

Sharon and Phil are discussing underemployment in this new Insight. Currently in Victoria, underemployment is trending upwards, while unemployment is trending downwards. They chat about how this stat may impact the housing market.   ‘Performance Insights’ is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel. ‘The Property Pineapple’ is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses. ‘Property Insiders’ is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise. For more infor

“Unfortunately when vendors are in that distressed state, there can be real knee-jerk reactions at times…” Mark got his start in the property industry after buying his principal place of residence for him and his family. Through this process, he got a crash course in how the property market operates and the leverage that could be created through owning an asset. After this, Mark started a couple of companies, one being Over And Above Property Partners. With this firm, Mark assists vendors - in a range of circumstances - achieve the maximum value from their asset in the shortest possible time frame. They are experts in understanding how to increase a property’s value, and also who can help in that endeavour. Mark runs through a case study of a project in the Melbourne suburb of Glen Waverley. He had received a call while on another job in Adelaide, and flew home to see whether he would be able to help the vendor in need. His wife had recently died, and with debt and a house in disarray, there was some work to

Short-term arrivals is a measure of the passenger arrivals at airports, and is a metric recorded for both international and domestic travellers. It is used by Performance Property Advisory to record the number of people coming to Australia or a particular area. In almost all cases, it is positively correlated with property prices.   ‘Performance Insights’ is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel. ‘The Property Pineapple’ is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses. ‘Property Insiders’ is also released every four weeks and are conversations between David McMillan (Director Acquisitions

“Trying to sell a single-fronted cottage in North Adelaide without a carpark…the market sees it as an issue.” Real estate agent, Marina Ormsby, is David’s guest for this edition of Property Insiders. They chat about the intricacies of the Adelaide real estate market and give an update of where it is at. Marina has been in the industry for 17 years, but got her start in commercial real estate. She then took a residential course and bought into a franchise group. She tells David that residential sales are more exciting due to including emotion. Commercial sales, on the other hand, is more about numbers and business. Marina tells David that Adelaide is a bit like a small town where local buyers are picky about what they want to invest in. Properties that often don’t see much growth in the city are those with no car parking or those near certain buildings, such as churches. Interstate buyers will come to buy those assets, however, because Marina believes they are less picky. The locals in Adelaide are very conser

“The only option I had was to sell my house.” Morgan Jewell is a young and intelligent mortgage broker, who at the age of 23 had a terrible experience with buying an off-the-plan property. She lays out all of the details for Sharon on this episode of The Property Pineapple. Already a property owner, Morgan was talking to her boss one day about wanting to add to her portfolio with an investment purchase. On his recommendation, she consulted a property spruiker. After a short meeting, she was presented with a list of properties within her price range for her to consider. They talked up the potential rental yields and told her the area was earmarked for development, and that this would have a great impact on prices. Being excited and spontaneous, she signed the contracts right then and there for an apartment development in Brisbane. Signing involved becoming a part of the company’s “community”, which benefited Morgan with newsletters and information on the industry, as well as incentives such as discounts on lan

Sharon and Heath discuss how the proportion of owner-occupiers or investors in an area can impact on house prices.   ‘Performance Insights’ is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel. ‘The Property Pineapple’ is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses. ‘Property Insiders’ is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise. For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata

“Once you add all these allowances to the base wage, that’s what really gives the expats buying power. And that’s why it’s such a great opportunity for them at the minute.” David McMillan welcomes his namesake, old school friend and football teammate, David Petrevski onto the show. The two Davids have been teaming up recently bringing sound advice and strategy to Australian expats, and here they chat about this often overlooked and neglected area of the financial service industry. Acknowledging that we are currently in a very difficult time for financing, David P. states that he is interested in expats because he has a genuine interest in helping people out and often likes to get into things when they are challenging. He is also happy to spend more time overseas. With all the Australian banks closing down a lot of their face-to-face operations overseas, there are many opportunities for financiers, and the two Davids discuss their partnership in this space. Few people are currently choosing to work in expat fu

Sharon Taylor and David McMillan chat about inflation, covering what it is and its importance to growth in income, rental yields, and house prices.   ‘Performance Insights’ is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel. ‘The Property Pineapple’ is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses. ‘Property Insiders’ is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise. For more information about how Performance Property Data can help you maximise your investment do

“So it’s hoping for the best, but preparing for the worst.” Sharon’s guest today on The Property Pineapple is her colleague at Performance Property Advisory, Acquisitions Manager, Tomas Turkayoglu. Tomas studied Construction straight after school, and then switched his major to Property. Despite his youth - Tomas is only 26 years old - he has a wealth of knowledge and experience in purchasing investment properties. Earlier this year, Tomas bought his first property in Ballarat. Not originally sold on the idea of buying in Ballarat, he was swayed by the research. In the end it came down to affordability and potential for strong rental yields. He was keen on a house that would be appealing to renting families, as well as being a nice character home, with a good land component, that was close to public transport. In addition to this, regional areas are attractive for investors in the current climate, as they offer affordability when the cities have reached their peak. They can provide a stepping stone to a large

Sharon chats with Phil Almeida about Gross Regional Product (GRP) and how it can impact property prices.   ‘Performance Insights’ is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel. ‘The Property Pineapple’ is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses. ‘Property Insiders’ is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise. For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au to

Sharon and David are in Brisbane and chatting about bedroom approvals. This is a metric - when used in conjunction with other stats - that helps determine if a market is undersupplied or oversupplied. It is done by estimating the number of bedrooms in a particular area, as compared to the number of people.   ‘Performance Insights’ is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel. ‘The Property Pineapple’ is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses. ‘Property Insiders’ is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Ad

“We typically favour rental applicants who make it easy for us.” Nino started in the property industry almost by accident. After finishing high school, he wasn’t sure what he wanted to do, so took a casual job in his uncles’ real estate agency. He assisted the property manager, and soon fell in love with property management. Fifteen years later, he is a department head for the property management firm, Pathway Asset Management. Nino believes that it is important that property managers know and understand the property investment market. He was amazed at how little he knew when he first started out, but most of the learning needed can only be done on the job.  Understanding the market is the surest way a property manager can advise their clients to make smart choices. Choosing the right location is very important, with blue-chip suburbs with a history of good performance being the best options. Properties near public transport, shops, schools, employment, and other infrastructure would be wise choices. Potentia

David and Sharon are in sunny (but windy) Burleigh Heads to touch on job creation and its impact on house prices.   ‘Performance Insights’ is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel. ‘The Property Pineapple’ is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses. ‘Property Insiders’ is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise. For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.

“The value in real estate is in land. You’re far better off investing in a property that has a decent land component.” Good friend of the show, Peter Koulizos, calls in from Adelaide for a chat with David about his bestselling book, Top Australian Suburbs. It’s been a decade since it was first published, but the information it holds still remains relevant. Particularly, the lowdown on what makes a suburb ideal for investing.  There are 107 suburbs in Peter’s book, all of them chosen because of their value and the prediction that they would perform better than the average suburb in that particular capital city. The common factor - existing in the vast majority of suburbs - was gentrification. When gentrification wasn’t present, suburbs were most likely to be benefiting from urban renewal. Peter will be evaluating the suburbs in his book later in the year, but preliminary research has revealed he has been very accurate with his predictions.   About your host, David McMillan During his 16 years in the property i

Income is an important metric for determining the affordability of a particular property market. Here, from the windy cliffs of Burleigh Heads, Queensland, David and Sharon discuss the influence household income can have on property prices.   ‘Performance Insights’ is one of three segments you will hear on the Performance Property Data podcast. They are released every Wednesday and Friday, boosting your technical knowledge and giving you the lowdown on key property markets around Australia. You can also view these episodes as videos on our youtube channel. ‘The Property Pineapple’ is released every four weeks, and hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins and admitting their losses. ‘Property Insiders’ is also released every four weeks and are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise. For