The Property Pineapple - Lynda Sanders
Performance Property Data
“Make sure that if you’re going to get a lawyer to do the work for you in a conveyancing space, that they are actually property lawyers.”
info_outline
Performance Insights - Vacancy Rate
Performance Property Data
Coming to you from Perth, with the magnificent Swan River behind him, David gives you a quick definition of “vacancy rate”.
info_outline
Performance Insights - House Prices vs Unit Prices
Performance Property Data
Sharon and Heath Bedford chat about the relationship between house and unit prices. And while there is a correlation between house and unit prices, it isn’t as simple as one going up and down with the other. Lag times between the markets, and a number of other factors including supply, demographics, and high house prices pushing people to unit purchases, factor into how the markets move.
info_outline
Property Insiders - Nerida Conisbee
Performance Property Data
“Banks have reacted very quickly, and have shut down lending to a lot of people.”
info_outline
Property Insiders - Why Should Expats Invest in Australia? (with Dave Petrevski)
Performance Property Data
“If you are looking at heading over there, if there’s any negotiations in your contract talks, US dollar is always the main one to go for.”
info_outline
Performance Insights: Underemployment
Performance Property Data
Sharon and Phil are discussing underemployment in this new Insight. Currently in Victoria, underemployment is trending upwards, while unemployment is trending downwards. They chat about how this stat may impact the housing market.
info_outline
The Property Pineapple - Mark Heritage
Performance Property Data
“Unfortunately when vendors are in that distressed state, there can be real knee-jerk reactions at times…”
info_outline
Performance Insights - Short-Term Arrivals
Performance Property Data
Short-term arrivals is a measure of the passenger arrivals at airports, and is a metric recorded for both international and domestic travellers. It is used by Performance Property Advisory to record the number of people coming to Australia or a particular area. In almost all cases, it is positively correlated with property prices.
info_outline
Property Insiders - Adelaide Real Estate with Marina Ormsby
Performance Property Data
“Trying to sell a single-fronted cottage in North Adelaide without a carpark…the market sees it as an issue.”
info_outline
The Property Pineapple - Morgan Jewell
Performance Property Data
“The only option I had was to sell my house.”
info_outline“We’ve been quite hands-on with everything we’ve done…”
David sits down with his colleague and namesake, David Robbins (Senior Acquisitions Consultant - Performance Property Advisory), to discuss his background, investing experience, and the benefit he can add to his clients portfolios and wealth creation.
Despite doing a valuation course at university, David pursued his first love of motorcycle racing and eventually found himself the proud owner of a motorcycle retail store. With the strength of the internet growing, and an unkind Australian dollar, the store had a difficult time finding customers and they shut the doors after eight years.
Along the way though, David kept in touch with the investment market, purchasing his first block of land in Heathcote, which he then moved a weatherboard home onto. He and his brother - who did the same with a place next door - put some more money and work in the house, and then watched as their investments doubled in value in a year.
His next purchase was in Montmorency, which he and his brother also worked on to improve. This property also enjoyed a healthy increase in value, allowing David to purchase his dream property, 9 acres in Hurstbridge.
One of the main thing David has picked up since joining Performance Property Advisory, is the awareness of the diverse strategies available to property investors. His plan is to next take advantage of a “passive play” strategy, where purchases in blue-chip suburbs are able to be left unchanged - with the exception of necessary maintenance - while still appreciating in value.
The Daves finish the chat with a rundown of what they can offer clients. This involves managing the purchase in the most viable market (wherever that may be around Australia), tracking that investment, and then advising on when to sell the property as the market reaches its peak.
About your host, David McMillan
During his 16 years in the property industry David has worked as a property valuer and property adviser to private clients, financial planners, accountants, finance brokers, major banks and governments. He has been involved in more than $500M worth of transactions across Victoria, New South Wales, South Australia & Queensland.
Since 2009, David has been specifically focused on helping medical professionals, expats, business owners and busy executives build effective property portfolios.
David is a fully licensed real estate agent in Victoria, South Australia and Queensland (CEA), Certified Practicing property Valuer (CPV), Qualified Property Investment Advisor (QPIA) and most importantly is an active property investor. David joined the Australian Property Institute in 2001 and is now an Associate (AAPI) and in 2009 became a member of the Real Estate Institute. David currently sits on the board of Property Investment Professionals of Australia (PIPA) to promote ethics in the property investment industry.
About David’s guest, David Robbins
David joined Performance Property Advisory after more than a decade of successfully investing and developing residential property. In his 20’s David followed his passion for motorcycle racing and owned a retail store which provided the cash flow to build his portfolio.
David’s first hand experience ensures he is well placed to assist clients on building a successful portfolio. David has had a lifetime of experience dealing with clients and tailoring solutions to meet their needs. Customer service and client satisfaction has been, and still is the cornerstone to David’s approach.
‘Property Insiders’ is one of three segments you will hear on the Performance Property Data podcast. Released every four weeks, they are conversations between David McMillan (Director Acquisitions - Performance Property Advisory) and industry leaders offering knowledge and expertise.
‘The Property Pineapple’ is also released every four weeks and is hosted by Sharon Taylor (Research Analyst - Performance Property Advisory). The show presents listeners with stories from real investors, discussing their wins, and admitting their losses.
And ‘Performance Insights’ are released every Wednesday and Friday, giving you technical information and the lowdown on key property markets around Australia. These episodes are also available as short videos at our youtube channel.
For more information about how Performance Property Data can help you maximise your investment dollar, head to www.performancedata.com.au