How Mortgage Brokers Save You Money While Banks Rip You Off
Release Date: 06/10/2024
Australia’s HOT Regional Suburbs Under $800K! Is Regional Beating Metro?
Talk Property To Me Podcast
In this episode of Talk Property To Me, hosts Brad East and Aaron Downie break down some of the hottest affordable regional suburbs in Australia and ask the big question: is regional property now outperforming metro markets? Using picks from the PropTrack Hot 100, Brad and Aaron unpack which regional areas under $800k actually look worth watching, which ones they agree with, and which ones they believe may be overpriced or overhyped. From Bathurst and Dubbo to Townsville, Victoria and WA, this episode is packed with practical insights for property investors, home buyers and anyone tracking the...
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Melbourne Exodus? Locals are Leaving but everyone else is moving in
Talk Property To Me Podcast
More and more people who live in Melbourne are choosing to leave it yet the city still grew by over a hundred thousand residents in a year. What is the reason for this and what does that tell us about the real estate market in Australia?
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Sydney Is No Longer Attractive for First Home Buyers. What is the alternative?
Talk Property To Me Podcast
Sydney has lost over 41,000 residents in a year. As real estate prices in Sydney are soaring people are looking for an alternative. Enter Dubbo – one of Australia’s fastest growing cities where housing is also more affordable. Dubbo has now become the number one hotspot for first time home buyers in in New South Wales.
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What Went Wrong With Australia's Affordable Housing Project?
Talk Property To Me Podcast
Did Australia make an impossible promise? 40, 000 affordable homes were supposed to be built by 2029 yet in 2 years only 2% were completed. Is it possible to finish the task? In this episode of Talk Property To Me, hosts Brad East and Aaron Downie give their thoughts on the matter and discuss the practical implications of the affordable housing promise that may never be delivered.
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The Truth About Airbnbs – Risky or Easy Profit?
Talk Property To Me Podcast
In this episode of Talk Property To Me, hosts Brad East and Aaron Downie break down investing in Airbnb properties and the associated risks and possible gains. Can investing in Airbnb be a passive source of income? Who is your biggest competition? If you’re thinking about investing in an Airbnb or already own one - this video can help you in your decision making and the future perspective ahead.
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Do Interest Rates Actually Fix Inflation?
Talk Property To Me Podcast
The RBA has lifted the cash rate to 3.85% (4 February 2026) — the first hike in over two years. 📈🇦🇺 But will higher interest rates actually bring inflation down… or will it just squeeze mortgage holders while prices keep rising? 💸🏠 In this episode of Talk Property To Me, hosts Brad East and Aaron Downie break down why they believe rate hikes won’t fix Australia’s biggest inflation drivers — especially supply-side inflation, electricity costs, government spending, and the impact of an ageing population spending more as rates rise. ⚡🧾👵 They also dive into the...
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Australia’s Scariest Property Tax? Victoria’s Windfall Gains Tax Explained (Up to 62.5%!)
Talk Property To Me Podcast
Victoria’s Windfall Gains Tax (WGT) is one of the most controversial property taxes in Australia — and many investors still don’t know it exists. 🇦🇺🏠💸 In this episode of Talk Property To Me, hosts Brad East and Aaron Downie break down how the Victorian Windfall Gains Tax works, why it’s often called a “hidden property tax”, and how it can charge up to 62.5% on rezoning-related land value increases — even on unrealised gains (yes, you can get a tax bill without selling the property). ⚠️📩 If you own property in Victoria, invest in Australian real estate, buy land...
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Homeowners: This Is How You Buy Property With ZERO Deposit in Australia
Talk Property To Me Podcast
In this episode of Talk Property To Me, hosts Brad East and Aaron Downie break down one of the most powerful wealth-building strategies in Australian real estate: how everyday homeowners are using equity in their existing home to buy investment properties with zero cash deposit. Most Australians assume they need years of savings to buy an investment property — but many are already sitting on usable equity without realising it. In this episode, Brad and Aaron explain step-by-step how investors are extracting equity from their owner-occupied home, structuring loans correctly, and using that...
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Scrapping CGT Discounts Could Crash Australia's Rental Market — Here's Why
Talk Property To Me Podcast
In this episode of Talk Property To Me, hosts Brad East and Aaron Downie unpack the growing debate around scrapping capital gains tax (CGT) discounts in Australia — and whether this move would actually fix housing affordability or make the crisis even worse. With mounting pressure on the government to reform CGT, many argue that pushing investors out of the market will help first-home buyers. But is that really how the Australian property market works? In this episode, we break down: 👉Why removing CGT discounts may reduce rental supply, not prices 👉Who property investors really...
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Inflation Returns to Australia—Will the RBA Be Forced to Hike?
Talk Property To Me Podcast
In this episode of Talk Property To Me, hosts Brad East and Aaron Downie break down why inflation is rising again and what it could mean for Australia’s interest rates in 2026. With electricity prices, rent and housing costs keeping inflation elevated, the big question is: will the RBA hike in February 2026, or hold and reassess mid-year? We unpack the key drivers behind the latest inflation headlines, why rate rises don’t fix electricity prices, and what the Big Four banks are predicting (with opinions split). If you’re a homeowner, investor, or planning to buy, this episode focuses on...
info_outlineHow Mortgage Brokers Save You Money While Banks Rip You Off
In this episode of Talk Property To Me, you'll dive into the complexities of borrowing for property investment with guest Toby Woodroffe, an experienced mortgage broker. He shares insights on the importance of seeking expert guidance when navigating the lending landscape, drawing from his professional experience to emphasize the potential pitfalls of attempting to navigate the lending process alone. The conversation touches on securing lending for multiple investment properties, banks' strategies, and the significance of establishing relationships with knowledgeable local mortgage brokers. Woodroffe's expertise and practical advice provide a credible basis for listeners seeking to invest in property, highlighting the value of professional guidance and long-term support. Whether you're a homebuyer or property investor, tuning in to this episode will arm you with valuable insights to make informed decisions and effectively navigate the lending landscape.
Timestamped summary of this episode:
00:00:02 - The Role of Mortgage Brokers
Brad and Toby discuss the value of mortgage brokers and why they are essential in the home loan process. Toby debunks misconceptions about broker income and fees.
00:03:37 - Banks' Profit Margins and Mortgage Brokers
Toby explains how the decreasing net interest margins of banks are linked to the increasing market share of mortgage brokers. This relationship sheds light on why banks may view brokers as a threat.
00:10:51 - Best Interest Duty and Broker Expertise
The conversation delves into the best interest duty legislation and how brokers are required to act in the best interest of their clients. The expertise and access to multiple lenders make brokers a valuable resource for borrowers.
00:13:25 - Broker Commission and Client Benefits
Brad emphasizes that brokers do not charge clients and are compensated through commissions from lenders. The discussion highlights the importance of expert advice and access to a wide range of options for borrowers.
00:14:21 - The Role of Mortgage Brokers
Toby emphasizes the value of mortgage brokers in navigating complex lending processes, highlighting their ability to secure the best outcomes, especially in the investing space.
00:15:13 - Risks of Directly Approaching Banks
Toby discusses the potential pitfalls of directly approaching banks for property investment loans, including cross collateralization and the limitations it poses on future property acquisitions.
00:16:26 - Importance of Seeking Professional Advice
Toby advises against relying solely on media and encourages seeking advice from reputable local mortgage brokers to avoid costly mistakes and ensure long-term positive relationships.
00:16:53 - Lack of Bank Support
Toby highlights the lack of ongoing support from banks after loan approval and the importance of having access to professional guidance for navigating the complexities of the property market.
00:17:29 - Conclusion and Call to Action
Brad and Toby sign off, urging listeners to engage in the social media community and seek professional advice for any property-related questions or concerns.
ABOUT THE HOST
BRAD EAST
Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award-winning mortgage broker and has helped thousands of clients gain finance to purchase properties. Wisebuy Home Loans is the go-to mortgage brokerage for clients wanting out-of-the-box applications approved.
Website → https://wisebuygroup.com.au
LinkedIn → https://www.linkedin.com/in/newcastlemortgagebroker/
Instagram → https://www.instagram.com/bradeast_mortgagebroker/
Facebook → https://www.facebook.com/bradeastofficial