Episode Details

Are you ready to unravel the surprising resilience of Australia's property market despite rising interest rates and the global pandemic? Prepare to have your preconceptions challenged as we navigate through the realities behind the media-hyped 30% property price drop during COVID lockdown, which astoundingly, turned into a 30% rise. Australia continues to shine as a prime location for living and investing in, thanks to its climate, education system, and safety, fuelling its property market's defiance against the odds.

Shift your perspective as we delve into the disparity between Sydney's mortgage and rental payments, revealing the empathy gap between tenants and landlords. Get a grasp on how the first-time buyer grant is bolstering the market's resilience. We also unveil the factors behind property prices doubling every decade and the gripping shortage of stock in northern beaches. Moreover, we unravel the intricate relationship between Australia's population growth and the property market trends. Brace yourself for this illuminating discussion that's about to change your understanding of Australia's property market.