array(1) { [0]=> &object(stdClass)#3979 (52) { ["id"]=> string(5) "15141" ["title"]=> string(46) "A sense of optimism within the property sphere" ["alias"]=> string(46) "a-sense-of-optimism-within-the-property-sphere" ["introtext"]=> string(197) "

After an initial period of extreme uncertainty, the rhetoric around the Australian property market appears to have shifted into a new phase in response to the ongoing coronavirus pandemic.

" ["fulltext"]=> string(1272) "

On this episode of The nestegg Podcast, host Grace Ormsby is joined by the founder and CEO of Upside Realty, Adam Rigby, to delve into how COVID-19 has been affecting different demographics within the property sector, including renters, landlords, investors and retirees.

Adam touches on the pros and cons of potentially removing stamp duty, his predictions for marketplace trends over the coming months, and the importance of picking quality over timing when considering an investment.

Thanks Adam, for sharing your insights with the nestegg podcast team!

You can keep up to date with what Upside Realty are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(3) "302" ["created"]=> string(19) "2020-05-19 07:37:53" ["created_by"]=> string(4) "2394" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2020-05-19 07:44:37" ["modified_by"]=> string(4) "2394" ["modified_by_name"]=> string(10) "Tasha Levy" ["publish_up"]=> string(19) "2020-05-19 07:43:37" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(219) "{"image_intro":"images\/podcasts\/Adam_Rigby_WEB.jpg","float_intro":"","image_intro_alt":"Adam Rigby","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(655) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","video_url":"","channel_id":"UCLBR-2LtTtui_WiRuEfW3qA","sent":"0","readingDiff":"3","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(33) "sense, optimism, property, sphere" ["metadesc"]=> string(200) "After an initial period of extreme uncertainty, the rhetoric around the Australian property market appears to have shifted into a new phase in response to the ongoing coronavirus pandemic. On this e" ["access"]=> string(1) "1" ["hits"]=> string(3) "233" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "1272" ["ordering"]=> string(1) "0" ["category_title"]=> string(7) "Podcast" ["category_route"]=> string(17) "resources/podcast" ["category_access"]=> string(1) "1" ["category_alias"]=> string(7) "podcast" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "84" ["author"]=> string(10) "Tasha Levy" ["author_email"]=> string(31) "[email protected]" ["parent_title"]=> string(9) "Resources" ["parent_id"]=> string(3) "300" ["parent_route"]=> string(9) "resources" ["parent_alias"]=> string(9) "resources" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#3980 (3) { ["data":protected]=> object(stdClass)#3972 (95) { ["article_layout"]=> string(14) "momentum:newne" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "0" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "1" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "1" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "0" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(5) "right" ["category_layout"]=> string(14) "momentum:newne" ["show_category_heading_title_text"]=> string(1) "1" ["show_category_title"]=> string(1) "1" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(2) "-1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "1" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "1" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(2) "14" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(2) "-1" ["show_pagination_limit"]=> string(1) "0" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(9) "published" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "0" ["list_show_author"]=> string(1) "1" ["orderby_pri"]=> string(4) "none" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(1) ["sef_ids"]=> int(1) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> NULL ["layout_type"]=> string(4) "blog" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(71) "Invest Money - Strategies and Tools for your Investment Goals | nestegg" ["menu-meta_description"]=> string(180) "Let us help you decide how you want to invest your money on. Learn the best strategies in investing and options like cryptocurrency, bonds, mutual funds, property and stock market." ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["page_heading"]=> string(71) "Invest Money - Strategies and Tools for your Investment Goals | nestegg" ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2020-05-19 07:43:37" ["slug"]=> string(52) "15141:a-sense-of-optimism-within-the-property-sphere" ["catslug"]=> string(11) "302:podcast" ["link"]=> string(65) "/resources/podcast/a-sense-of-optimism-within-the-property-sphere" ["image"]=> string(34) "images/podcasts/Adam_Rigby_WEB.jpg" ["image_alt"]=> string(10) "Adam Rigby" } }

Sunday, 31 May 2020

Try another search or check out these top posts

•$50k boost on the cards for new property purchasers

•Aussies in the dark on super details

•Is now an ideal time to top up your superannuation?

Latest Podcast

A sense of optimism within the property sphere...Read more

Resources

Claim your super...Read more

Invest

‘Hold onto your hats’ as property landscape shifts

By Reporter · June 06 2018

Reading:

Invest

‘Hold onto your hats’ as property landscape shifts

By Reporter
June 06 2018

Reading:

Property house market, investment, property landscape

‘Hold onto your hats’ as property landscape shifts

By Reporter · June 06 2018

Reading:

The aftershocks of the royal commission will shake up the property and lending landscape, an investment strategist has said, predicting resulting growth spurts in a number of key cities.

According to Mike Harvey, the founder of On Your Side Investments, the property market is overdue for a shake-up. However, he argues the shake-up won’t come in the form of a burst housing bubble.

“It’s clear the onus on banks to verify income and expenses is going to slow the process down and make it more onerous for buyers wanting to get a loan,” Mr Harvey said.

“The downside is the extra costs to banks are likely to be passed on in the form of higher interest rates.”

He said tighter servicing requirements will trigger fewer loans and fewer properties being built.

“Funnily enough, that will have a counterproductive role in the housing affordability crisis as with our strong population growth; demand will increase, leaving only one way for rents and house prices to go,” Mr Harvey said.

As such, previously overlooked cities could be in for housing booms, with younger buyers leading the way.

Mr Harvey said the sector is already seeing an exodus of home-owners selling in Melbourne and Sydney and buying in Brisbane where prices are generally cheaper and the lifestyle generally better.

“There’s an increase in demand for Brisbane properties much like there was for Sydney and Melbourne before their boom phase, so we can fully expect a 40 per cent to 70 per cent increase in Brisbane house prices over the next three to four years as Brisbane does what Brisbane always does,” he said.

“While cities like Melbourne and Sydney are always going to be good places to invest because of their sheer size, population, infrastructure, business hubs and tourism, other cities are now starting to gain momentum as a result of external factors such as the royal commission.”

Mr Harvey added that Sydney and Melbourne are also in for possible growth spurts over the next two years as the softened markets stabilise.

Continuing, however, he told home buyers to “hold onto your hats”.

“For those who can afford to get in and pass the bank servicing requirements, I encourage to look very closely and then act if you can,” Mr Harvey said.