Former Wallabies Coach Michael Cheika Joins John Gibson

We ask Michael Cheika “what makes a winner” And the 2015 World Rugby Coach of the Year leaves us in no doubt as to his unfinished business with Australian Rugby Union.

To listen to the full podcast click here.

Our goal is to keep you up to date with the latest property market news and analysis. This is the stuff that matters when you are trying to make a property investment decision.

A common question many of our clients have is: Will the Australian housing market crash? To answer this, we will run you through how we think about this question here at Locate Negotiate.

Australia is rising at the fastest rate since the late 1980’s. The market across the ditch in New Zealand has surged passed Australia’s rate by increasing 21.5% in the year to February.

Lets’ look at the 2021 Predictions VS 2020 Predictions:

2020 PREDICTIONS

Roll the clock back to May 2020, Westpac and the ANZ were both predicting a 10% decline in national property values. The NAB projected drops of up to 15%.

The Commonwealth Bank lead the charge claiming that house prices could collapse by up to 32%!

2021 PREDICTIONS

ANZ is now forecasting 9% growth in 2021, the Commonwealth Bank and NAB are projecting 5% growth, and Westpac sees a 15% rise in property values over the next couple of years.

Many economists have also now backtracked on their earlier dire outlooks.

Something to think about…

You can go onto Google and download a manual on how to service your car. The question is, do you have the experience, know-how and would you trust yourself doing the job? The same can be said about matters relating to property transactions i.e. buying, leasing, selling, tenant advocacy, development feasibility etc… To get the best results, you need experience.

Property Forecast: Western Sydney Forward Planning

When commenting on property price drivers such as infrastructure, the largest of the lot is the Badgerys Creek Airport and surrounding development, according to Herron Todd White (HTW) residential report.

The valuation firm asked their values to give an educated outlook on the residential market in their service areas.

“This area will be transformed from cow paddocks and market gardens into a bustling metropolis aptly named the Aerotropolis,” the valuation firm said.

Testimonial:

GROWING BUSINESS FINDS THE RIGHT PROPERTY

“I would like to thank Locate Negotiate for their expert help in finding a new property for our growing business in Parramatta.

As anyone in business realises time is hard to come by, Locate Negotiate searched for potential properties, undertook the necessary due-diligence and then negotiated the right price on the property.

Locate negotiate, completely understood my brief, initiated the search without delay, showed great market knowledge and experience. I have no hesitation in recommending Locate Negotiate.”

Ron Bourke
Managing Director