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First homebuyer FOMO hitting housing market?

In this Australian Property Podcast episode, your hosts Pete Wargent of AllenWargent Property Buyers and Chris Bates of Alcove mortgage specialists talk through all the latest property market news.

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About this episode

In this Australian Property Podcast episode, your hosts Pete Wargent of AllenWargent Property Buyers and Chris Bates of Alcove mortgage specialists talk through all the latest property market news.

They also answer a few of your questions in the Listener Q&A at the end.

1 – How do people keep bidding prices higher?

2 – Stamp duty burden hits new record

3 – 1 in 6 have a deposit for FHB scheme

Listener Q&A

1 – Ben

I know you don’t have a crystal ball and can’t guarantee anything but I’m after an honest second opinion. The real estate agent (that manages it as a rental) suggested I should still sell it in August.

2 – Danny

What are your thoughts on the Canberra property market? I’m heavily invested in Canberra property and not sure why with low unemployment and high incomes the territory is lagging behind like Melbourne. Is it due to work from home?

3 – Coffee

Hey Lads,

Will GenX and Millennials step up and take over the property market investment side of things like the boomers did. Or are they more inclined to go for Shares & Super – BitCoin etc and only dabble in property over the next decade.

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