The Australian Property Market Just Got Harder

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Financial disclaimer: I am not your financial advisor and the opinions I share in this video are purely my opinions. This is not to be considered personal advice as it is general in nature.

Пікірлер: 72

  • @vmura
    @vmura16 күн бұрын

    peak ponzi - now here is my question. when AML laws on property transactions are introduced, do we do an audit on all historical purchases and will any illegal purchases forced sell? what % and impact to prices?

  • @zubair242
    @zubair24216 күн бұрын

    Stats are all fine but think of a bigger picture. Government is reducing students intake from this year. Also, these 547,000 people who arrived here are not here permanently. Most of them will have to leave because of recent changes, so I think we will see more people will be leaving after completing studies than arriving. So, demand will reduce and people who are buying now due to FOMO might end up regretting their decision.

  • @devzy844

    @devzy844

    16 күн бұрын

    These students mite/maybe leave but they have bought assets in Australia before leaving, dont be blind to the fact that people come to invest in Australias relaxed laws on foreign ownership, the goal is to make locals renter's in their own backyard. I personally learnt to join them if you can't beat them.

  • @gaetanoguastella2041

    @gaetanoguastella2041

    15 күн бұрын

    Government drops or rises intake of people to their pleasure. They numbers go up and down according the economic needs

  • @abdulwhatever2912

    @abdulwhatever2912

    13 күн бұрын

    Nope for the first home buyer. But for investors maybe yes, after buying a lot of properties they will regret it because it is cooling off the rental market.

  • @abdulwhatever2912

    @abdulwhatever2912

    13 күн бұрын

    @@devzy844 Its about the time gov, close over seas buyer. People who have PR and Citizenship allowed to get Australia piece of land. Gov need think this out.

  • @devzy844

    @devzy844

    13 күн бұрын

    @abdulwhatever2912 Don't ever rely on the government to look after you. Politics are for politicians. They line their own pockets first and give you scraps. Sooner you realise that the better of you will be.

  • @user-xu7xv7zt9h
    @user-xu7xv7zt9h17 күн бұрын

    I just ordered your book Niro, thanks

  • @CheCosaTesoro
    @CheCosaTesoro16 күн бұрын

    So if demand is so strong, then why are so many developers/ builders are going bust????

  • @Kevdog94

    @Kevdog94

    16 күн бұрын

    Development/construction costs are too high at the moment. Not profitable enough to construct even with really high demand

  • @ryanpzy9336

    @ryanpzy9336

    15 күн бұрын

    Cost of materials high and fixed price contract before pandemic

  • @jordanpet4892

    @jordanpet4892

    15 күн бұрын

    Owner property and rental properties are differently calculated..

  • @williamyew9745

    @williamyew9745

    14 күн бұрын

    Builders took too many projects can't manage effectively is one of the main issue. Otger issues such as high labour cost and high material cost contribute to builders' collapsed. There are still so many builders took the projects and enjoy holidays in Bali, in their mind, after win the projects just collect monies. Lack of effort in the management, no return end up bust! Employed experienced site supervisor for $160,000 /year. These supervisors do nothing. Builders not smart, for sure will go bust. bust.

  • @yhwhlives4393

    @yhwhlives4393

    14 күн бұрын

    They close and open up again mate new trend

  • @kyms9390
    @kyms939012 күн бұрын

    Thankyou for this great and detailed analysis, anyone can see this is a completely crazy & unmanageable situation. We bought a property in Mackay Qld last year, have only had the house barely a year & the same agent called us to see if we would sell saying he could already get us 150 more than we bought it for under a year ago...insane! What also needs to be counted in is the 660+ thousand students that come in every year on top of the other immigration, most of these students use this as a gateway into the country & never return home...so add that to the already 500+ thousand & thats nearly 1.2 million a year, completely unsustainable, lucky country no more.

  • @vincewant6325

    @vincewant6325

    11 күн бұрын

    @@kyms9390 especially with the world moving away from Coal, imagine Mackay home prices in 10 years time when most of those mines and terminals close. People have to do their research.

  • @1968krug
    @1968krug16 күн бұрын

    Nero, your videos are always clear, informative and unbiased. Thank you

  • @InvestmentRiseTV

    @InvestmentRiseTV

    16 күн бұрын

    Thank you. I appreciate your kind feedback

  • @redda2

    @redda2

    16 күн бұрын

    Unbiased? It is in his best interest for property prices to go up and people wanting to buy

  • @australiatruelyasia6825

    @australiatruelyasia6825

    16 күн бұрын

    Nice one commenter : you must be nero or from his team

  • @trythis2821

    @trythis2821

    12 күн бұрын

    @@australiatruelyasia6825 Or family.

  • @Elemenopi205
    @Elemenopi20516 күн бұрын

    Taking too long for new housing approvals? Need alternative housing type but not going to happen.

  • @andyc86
    @andyc8616 күн бұрын

    Right at this moment Sydney is going ballistic again. 30-40 people at every open house. Bidding wars at auctions prices going through the roof. $1mil in Sydney is average apartment money don’t even look at houses.

  • @InvestmentRiseTV

    @InvestmentRiseTV

    16 күн бұрын

    Which parts of Sydney are you looking at? I ask, because what you're saying is true in certain areas, but not everywhere.

  • @andyc86

    @andyc86

    16 күн бұрын

    @@InvestmentRiseTVSt George area Sutherland Shire Newtown Redfern Randwick Coogee. I’m trying to buy an apartment for my son but the market is extremely competitive pushing prices to new heights.

  • @_dsee
    @_dsee15 күн бұрын

    When will Melbourne metro likely recover? I looked up some stats and looks like net population growth in Melbourne is still strong but less growth

  • @SalmanKhalid-tu6rp
    @SalmanKhalid-tu6rp16 күн бұрын

    What is your forecast for ACT? Do you see any significant increase for ACT just like in QLD and WA?

  • @trythis2821

    @trythis2821

    12 күн бұрын

    Australian property prices only ever go up long term.

  • @user-xu7xv7zt9h
    @user-xu7xv7zt9h17 күн бұрын

    like your chanel. only talks the facts and data.

  • @zenmachine50

    @zenmachine50

    17 күн бұрын

    really I find it absolute garbage

  • @David-qz7fx
    @David-qz7fx3 күн бұрын

    If you want to be able to afford a house on average income, you should want house prices to fall. Support government initiatives that REDUCE demand and INCREASE supply.

  • @udaykarki2033
    @udaykarki203316 күн бұрын

    Agree - What's happening in Perth, Brisbane - FOMO, FOMO, FOMO. People buying now in this highs are 100% going to doom. Markets cycles will always have ups and down. Melbourne land tax, Sydney's usual madness is driving Perth and Brisbane - if not these cities are useless - not many jobs , opportunities.

  • @rocky365ful

    @rocky365ful

    16 күн бұрын

    WA not having jobs is a joke.. it is the only state with more job opportunities and asking Federal Government to increase skilled visa quota.

  • @leefy4829

    @leefy4829

    16 күн бұрын

    WA, not many jobs? WA leads the states in all major employment metrics including the lowest unemployment rate in the country. There are jobs everywhere. If you're not working in WA you don't want to.

  • @AA.AA.399

    @AA.AA.399

    16 күн бұрын

    Theres nothing wrong with FOMO. If you have a spare cash it’s better to invest or use it than to keep it in the bank. And lot of people right now are using their equities to buy properties so that they can take advantage from new migrants and to generate wealth as well.🤑🤫

  • @randokuruza

    @randokuruza

    15 күн бұрын

    Ouch sounds like you are renting in BNE… chin up

  • @kuracodovce7514

    @kuracodovce7514

    12 күн бұрын

    You must be on that crack pipe to think there's no jobs or opportunities in WA. It's the highest average salary in Australia.

  • @Eric123456355
    @Eric12345635513 күн бұрын

    Yes it sounds reasonable and many repating it , except that is simply not true. increasing property supply alone doesn’t necessarily lead to lower real estate prices due to several factors: Market Dynamics: the property market is influenced by more than just supply and demand. Factors like investor behavior, financial policies, and market speculation play significant roles Developer Practices: developers often control the release of new properties to maintain high prices. This practice, known as “drip feeding,” ensures that supply is limited even when there is potential for more1. Policy and Regulation: policies and regulations often favor property developers and investors, which can distort the market. For example, rezoning and planning decisions can be influenced by powerful interest groups1. Affordability Myths: calls for increased supply as a solution to affordability issues are often misleading. Without addressing the underlying economic and policy factors, simply building more homes won’t make them affordable at all!!! Why pricing rising so fast: Low interest rates during the covid started the snow ball. Government incentives, record immigration in short period of time, developer practices. Increase if incomes etc. supply is not a big deal here. Less social housing nore poeple joining market as well, interior immigration to qld to WA , speculative behaviour, investors activity and so on

  • @dalilludallys5133
    @dalilludallys513316 күн бұрын

    We are at an average of 2.5 people per property. It's a sign of an affluent society but also probably not sustainable at present. Household size fell from an average of 4.5 people per household in 1911 to 3.6 people per household in 1961, and then to around 2.6 from 2001. The average was slightly lower, at 2.5, in 2021. Imagine what happens to demand if we go back up to 3.5 per household. 1100 businesses going to the wall each month, 20,000 distressed sales in Qld last year, inflation high, only 1 new job being created for every 4 new immigrants. Not to mention, international influences. Do the math. After 60 years watching the property market, I can tell you that anything can and probably will happen.

  • @user-yl4st7wi5w
    @user-yl4st7wi5w2 күн бұрын

    Its all very well there being a big short fall of housing but if the people who want them can't afford it then it pointless building them just create alot of tents and caravans -)

  • @pinny492
    @pinny49216 күн бұрын

    The property prices could fall after another 2 rate rises, as there are very many mortgage holders who are already under severe mortgage stress and will have no choice but to sell up in the next year or 2. Plus Chinese government is clamping down hard on foreign investment as they are now desperate to keep capital within their own country.

  • @Trying391
    @Trying39116 күн бұрын

    Down down down 😁

  • @sagunsh9007
    @sagunsh900710 күн бұрын

    At present, people have started believing that the market will never decline. It seems like everyone is dreaming of owning a home because they expect prices to keep rising. However, your analysis in this video might be proven wrong in the coming months. The reality is that most people who could afford to buy homes have already done so, leaving behind only those who can’t afford to purchase. Soon, the property market will slow down significantly, and this is already happening in Australia’s most dynamic market, Canberra. Prices have fallen by as much as 10%. While the data hasn’t reflected this yet, it will be evident in the next few months.

  • @AM-eu1yq
    @AM-eu1yq16 күн бұрын

    Nero with the stats 🔥

  • @InvestmentRiseTV

    @InvestmentRiseTV

    16 күн бұрын

    Thank you :-)

  • @vincewant6325

    @vincewant6325

    14 күн бұрын

    @@InvestmentRiseTV niro whats your thoughts on Bhp dropping thousands of employee’s in wa plus other miner’s cutting staff in high numbers. Plus the Iron Ore Chinese/rio massive mine starting up asap which the price is already making Iron Ore miners cut staff in the thousands. Interesting 2025 ? Do you think will have the same effect on Iron Ore as What is happening with Nickel and Lithium mines etc shut downs.

  • @brissy27
    @brissy2716 күн бұрын

    7:13 Poor real estate agent not having a home to sell. I hope they're going to be okay. Will they be able to eat? Do they need some help? I'm sure said real estate is sleeping just fine at night. How many properties do they own? What about all the properties they're managing? How about the real people that were made homeless from all yhr rent increases forced upon their tenants?

  • @MeditateMeHigher

    @MeditateMeHigher

    2 күн бұрын

    😂😂😂😂❤

  • @thomasjohnson96
    @thomasjohnson9617 күн бұрын

    Seems like Perth will still lead price growth over the next 24 months.

  • @vincewant6325

    @vincewant6325

    16 күн бұрын

    🤔 not sure about that. Thousands of miner’s are getting made redundant in a few industries and now Iron Ore, 2025 ramp up IO major mines in Africa we see plenty more layoffs ahead in wa unfortunately

  • @stephenrice-wk9es

    @stephenrice-wk9es

    16 күн бұрын

    Yes Perth property follows the mining cycles

  • @vincewant6325

    @vincewant6325

    16 күн бұрын

    @@stephenrice-wk9estrue but the next cycle won’t be like other’s unfortunately. Iron Ore miner’s will take a hit and imo the companies will be cost cutting for good once these massive high grade mines come online in Africa. Word is they are starting this year

  • @PradyVK

    @PradyVK

    16 күн бұрын

    It has nothing to do with mining . There's turmoil in the construction industry and chronic undersupply of houses which will take another 5 years to reach a state of equilibrium. Interstate migration to Perth at an al time high , 3 people I know of have moved there and have found jobs in infrastructure, nursing and aged care . Perth is very different from 5 years ago . Yes mining plays a part but it's miniscule in today's Perth .

  • @Proslopski

    @Proslopski

    16 күн бұрын

    No one told people in Western Australia to stop buying :)

  • @paulboldrini9561
    @paulboldrini956111 күн бұрын

    What a waste of my time , told me nothing that we dont already know , some states going up some going down , how about affordability is off the charts

  • @LukeThomasPerth
    @LukeThomasPerth16 күн бұрын

    The biggest issue is when will migrants start looking elsewhere to move to…

  • @edie_perty

    @edie_perty

    13 күн бұрын

    Your family were migrants too no doubt,

  • @pinny492
    @pinny49216 күн бұрын

    Also the number of dwellings required can be reduced by increasing the per dwelling occupancy rate. The average new home in Australia would house 12 people in most Asian countries.

  • @Jjp132
    @Jjp13214 күн бұрын

    😊😊😊😊

  • @Jjp132

    @Jjp132

    14 күн бұрын

    This will only stop when there's a crash it's a Ponzi scheme driven by greed but it's down to the government's past and present you can't blame banks they were decent institutions but now there just greedy parasites , and there's been no real compliance as to were this money came from by foreign investors it's been a free for all now look at the mess , people trapped in high levels of debt the RBA terrified to put interest rates to were they should be to tame this phoney inflation that was caused by corporation greed and as per usual the plebs have to suffer the consequences, but if you wealthy you can afford to be philosophical

  • @mikemm9827
    @mikemm982716 күн бұрын

    Get rid of that texta sound, it's awful. Sounds like a scratch

  • @dsinghr
    @dsinghr17 күн бұрын

    Melbourne is gonna go up soon.

  • @andyc86

    @andyc86

    16 күн бұрын

    Everyone is leaving Melbourne it’s been destroyed by Daniel Andrew’s and the left wing government. It won’t recover for a long time.

  • @rhysdravitzki3920
    @rhysdravitzki392014 күн бұрын

    Boring