Episode 11 of Talking Real Estate, John is joined by Erin Molan!

John Gibson gifts our special guest Erin Molan 5 Million Dollars to invest in property so what will our special guest do with her new found wealth!?

To listen to the full podcast click here

  • There has been some recent commentary around the impact of stalled immigration and stagnant wage growth having a potential impact on the property market in 2023.

  • There are signs of a cooling influence effecting some segments of the market. Or is it more likely we are now moving into a more traditional market? The pace of the market in the last 16 months across the board has been anything but normal. A robust and fast paced market is simply not typical year in year out. History shows this!
  • Brisbane is tipped to see a 7% rise in house prices in 2022.
  • Stock remains low in regional Australia and many retirees are moving out of the major capital cities to regional Australia.
  • The latest figures from the Australian Bureau of Statistics (ABS) suggest that investor confidence remained strong despite the omicron wave, with much of the growth in the home loan market coming from the cashed-up cohort.
  • Industrial property is continually seeing strong demand driven by several factors. It’s predicated that this will push rents in capital cities to a higher level.

Property Buying

Milsons Point NSW – stunning apartment boutique block $7.8m
Balmoral QLD – boutique townhouse $985,000
Woolooware Bay NSW – modern 1-bed with study and views $735,000

Sellers Advocacy

Dulwich Hill NSW – sold at auction for $905,000 ($45,000 over reserve)
Oatlands NSW – last of its kind. Magnificent grand home on 2,751sqm. Sold for $6,550,000

Consultancy

Seven Hills NSW – Property Assessment Report SMSF Audit – Industrial Warehouse
Darlinghurst NSW – Development feasibility – assessing developer offer and making recommendations on behalf of current owner

Commercial Tenant Advocacy

Mascot NSW – successfully located and negotiated lease terms for a 990sqm commercial office for growing business

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