In this Australian Property Podcast episode, your hosts Pete Wargent from AllenWargent Property Buyers and Chris Bates from Alcove mortgage specialists talk through the big 3 property news stories of the week.
They discuss:
1 – Weak GDP greenlights July rate cut
2 – Farms and land achieving big prices
3 – Why the Aussie property market is crashing
Listener Q&A
1 – Question – from PF I’ve got one for you Pete Wargent – purchasing property to run a business out of. Tax implications? Other considerations? Zoning etc.
2 – Informed I’ve been looking to buy my first apartment in Melbourne. I am worried about buying and then being given levies or significantly increased OC fees. I’ve heard advice to buy either before the year 2000 or something new that is just over 5 years old and to avoid stackers/cladding issues. Is there anything else I can do to avoid this? Will a building inspection help?
3 – Chris Hi all, great podcast! I look forward to every episode! While doing some property research for a purchase in Perth WA I came across dual key properties which I had never heard of before. Two houses under one roof, separate power meters and separate water meters. Most seem to be 3 bed two bath and a smaller 1/2 bed, one bath. They appear to have great yields. I would love to hear your opinions or thoughts on these types of property’s
4– Barbie Hello, How do you see small regional towns (for instance Dalby) as an investment opportunity? currently there are houses below 400k in the area.
