Why Some Secondary Suburbs Soar with Stuart Wemyss
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
Release Date: 05/20/2024
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
Sydney and Melbourne house prices have just recorded their first monthly rise since April, and I think that’s an important signal for anyone wondering where our property markets are heading as we move towards 2027. Many commentators had written off our two biggest markets this year, after four interest rate rises, major changes to property taxes and a big cut in migration. Yet Melbourne led the nation in October, with house prices up 0.6% over the month, and Hobart and Sydney also moved higher. Meanwhile Brisbane, one of the stars of the last few years, recorded...
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Here's an uncomfortable question to start today's show. When your last property deal didn't go the way you wanted, when a negotiation stalled, when the market moved against you, who did you blame? The bank? The agent? Interest rates? The economy? Here's the thing my guest today has learned after coaching some of the highest performing real estate agents in this country, and now some of Australia's leading business people and even a hedge fund manager. The people who actually build serious wealth, in property, in business, in any field, almost never default to blame. They...
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For twenty years, Australia's economy has been growing. Company profits have gone up, dividends have gone up, and property values have gone up. But what if I told you that most of that growth had almost nothing to do with us getting smarter, more efficient, or more productive? What if it was really just more people? More immigration, more houses needed, more traffic, more schools, more everything, but not one dollar per person any richer for it. That is exactly what Ashley Owen, my guest today, has uncovered...
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Right now, property headlines are telling you the market is falling apart. Prices have been down in almost every capital city for months in a row. Bank economists are downgrading their forecasts. Talk of more interest rate rises before Christmas. And if you're an investor watching your portfolio value dip on paper, that news cycle feels personal. But what if I told you that the very thing that's spooking everyone right now, this run of falling prices, is actually the setup for the next property boom, not the end of one? Well, that's the view of my guest today - John...
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Melbourne property investors have endured almost a decade of disappointing growth, and the usual explanation is taxes, debt and government policy. But what if the biggest cause was the extraordinary 20-year boom that came before it? By the end of this episode, you'll understand exactly why Melbourne has underperformed for the best part of a decade, why the usual suspects, land tax, state debt, poor sentiment, probably aren't the real culprits, and why the length of Melbourne's flat patch might actually be the strongest signal yet that a powerful new growth cycle is coming....
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What if the biggest financial mistakes people make aren't about picking the wrong investment or getting the timing wrong - but about the things nobody ever sat them down and actually explained? I've spent over 50 years in property investment. I've read hundreds of books, attended countless courses, paid for mentors, and written nine books of my own. And yet, despite all of that, some of the most important money lessons took me far longer to truly understand than I would have liked. Today, I want to share those with you. Not as theory, but as the hard-won insights...
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By the time many of today's Gen Z buys their first home, Melbourne will have overtaken Sydney as Australia's biggest city. Canberra will be bigger than Newcastle. And a sleepy Victorian farming town called Warragul will have more than tripled in size. If that sounds far fetched, stick around, because today we're unpacking a piece of research that maps out every major Australian city and town all the way to 2050, and some of the findings will completely reshape how you think about where the next wave of property demand is heading It’s more than just a prediction;...
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Right now, there are two types of property investors in Australia. Those who bought before 7:30pm on the 12th of May 2026, and those who bought after it. And depending on which camp you're in, the entire economics of your next move just changed. If you already own an established investment property, you're sitting on something the government has effectively locked in for you, full negative gearing, the old rules, preserved. But here's what almost nobody's talking about. What you do with that property from here can either protect that advantage or accidentally throw...
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What if the decisions that make you feel safest as a property investor are actually the ones most likely to cost you a fortune? Waiting for interest rates to settle sounds sensible. Keeping your money in cash feels secure. Avoiding investment debt appears responsible, while buying in the same locations everyone else is talking about provides the comfort of following the crowd. Yet each of these choices can carry hidden risks. In today’s show, I want to explore one of the most important psychological traps property investors face: confusing familiarity with safety and...
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What if the secret to becoming wealthy wasn’t being smarter than everyone else? What if it wasn’t timing the market, picking the next hot suburb, or finding some clever tax loophole? What if the real secret was simply living long enough to let good assets quietly compound in the background? Now, I know that sounds strange, but in a recent article in The New Daily Simon Kuestenmacher used a fascinating idea he called “vampire economics.” His argument was that if vampires existed, they should be incredibly wealthy. After all, they don’t retire. They...
info_outlineHave you ever wondered why some locations that could be labelled as 'secondary’ outperform the established blue-chip suburbs?
What drives this unexpected surge in property value, and more importantly, is this a trend that savvy investors should be paying attention to?
Should you be looking for these suburbs, or should you stick to blue-chip locations?
I’d like to know if this is a mere market fluctuation, or are we witnessing a fundamental shift in what defines a 'smart investment' in our property markets?
That’s what I ask my guest today, leading independent financial advisor, Stuart Wemyss, director of Prosolution private client.
Links and Resources:
Stuart Wemyss – Prosolution Private Clients
Stuart’s Book – Rules of the Lending Game & Investopoly
Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us
Shownotes plus more here: Why Some Secondary Suburbs Soar with Stuart Wemyss