The Elephant In The Room Property Podcast | Inside Australian Real Estate

What’s really behind the shift we’re seeing in regional property market trends, especially along the NSW South Coast? In this episode, we sit down with our good friend and local expert Matthew Knight as someone who’s been living and breathing this stuff for years, to give us the real story. We’ve heard all the noise about COVID booms and tree changers flooding coastal towns, but what happens after the rush settles? Are people still moving out of the city, or has the tide gone out? Matthew walks us through what he’s seeing on the ground; where prices surged way too far, where they’ve pulled back, and which areas are starting to bounce back. We talk about the rise of Airbnb buyers again, the return of holiday home interest, and how first-home buyers have actually had some solid opportunities, despite what the headlines say. The regional property market trends aren’t one-size-fits-all, and this chat really digs into why. We also get into infrastructure changes like the Shell Cove Marina and new hospitals, and how those are making a real difference for retirees, families, and essential workers looking to settle in. And of course, we couldn’t help but talk about schools, childcare, and what happens when a region grows faster than it’s ready for. This one’s a grounded, honest look at life beyond the cities; what’s working, what’s struggling, and what might be next. If you’ve been watching regional property market trends and wondering where things are headed, this episode’s got plenty to chew on. Episode Highlights: 00:00 - Introduction 01:12 - Who is Matthew Knight? 01:29 - How has the South Coast property market changed since COVID? 05:44 - Which areas were hit hardest when the South Coast boom was corrected? 08:18 - Did city buyers push prices beyond what locals consider fair value? 10:53 - Why are some beach towns struggling more than others? 13:15 - Are more investors shifting to short-term rentals like Airbnb? 15:49 - Why have some people reversed their sea change and returned to the city? 23:36 - Did first-home buyers take advantage of softer conditions in 2024? 28:40 - What infrastructure upgrades are reshaping the region? 32:01 - Are zoning changes and new housing keeping up with growth? 33:41 - What broke when the population boomed and is it being fixed? 36:45 - What does the next five years look like for the regional market? 39:37 - How much does the future of remote work affect the coast’s appeal? 42:07 - Do locals just visit the city when they need a dose of culture or convenience? 46:22 - Matthew Knight’s property dumbo About Our Guest: Matthew Knight is the Founder and Director of Precium, a buyer’s agency specialising in regional New South Wales, particularly the NSW South Coast. With over two decades of experience in property investment and market analysis, Matt combines data-driven insight with a practical understanding of local dynamics. A long-time resident of the South Coast himself, he has firsthand knowledge of the region’s unique challenges and opportunities. Matt is widely respected for his integrity, deep local expertise, and commitment to helping homebuyers, investors, and downsizers make informed, confident property decisions. Connect with Matthew Knight: LinkedIn https://www.linkedin.com/in/mattknightprect Instagram https://www.instagram.com/preciumproperty/ Website https://precium.com.au/ Resources:

Australia’s strata system was once a clever solution to urban living — a way to share land, lift homeownership, and build communities in growing cities. But decades later, that same framework is struggling to keep up with modern life.What once worked for small, low-rise communities now governs the high-density towers that house millions of Australians. The result? Costs have climbed, decision-making has grown more complex, and owners often find themselves footing bills for problems they didn’t createIn this episode, Prof. Cathy Sherry — Professor at Macquarie Law School and Executive Member of Smart Green Cities — explains how Australia’s outdated strata laws are now out of step with the country’s housing and sustainability goals. A leading international expert in land law and high-density development, Prof. Sherry unpacks how laws written in the 1960s for small walk-ups can’t handle the complexity of modern cities, locking owners into costly contracts, rising levies, and embedded energy networks that limit both choice and progress.From the hidden costs buried in off-the-plan sales to the barriers stopping apartments from going solar, Cathy reveals how a system designed to help Australians share space has instead made it harder to live well, live green, and live fairly.Listen now to learn why reforming strata isn’t just a legal fix — it’s key to building a fairer, more sustainable housing future for everyone.Episode Highlights00:00 – Introduction01:16 — Meet Prof. Cathy Sherry: Australia’s Leading Expert on Strata Law01:50 — How Shared Living Became Complex: The Challenge of Strata Ownership03:15 — Strata Levies, Legal Layers, and Why Collective Ownership Is Tricky06:37 — The Hidden Dangers of Buying Off-the-Plan Apartments in Australia11:09 — Embedded Networks Explained: The Hidden Costs of Strata Energy Deals20:18 — Can the Law Catch Up? Why Strata Reform Is Urgent for Modern Cities26:00 — Stratum Lots and Mixed-Use Buildings: Understanding Shared Land Titles26:48 — What Strata Management Statements Mean for Building Governance27:32 — Why Prof. Cathy Sherry Advocates for Fairer and Smarter Housing Laws28:54 — High-Density Housing Challenges: When Bigger Doesn’t Mean Better30:11 — Why Home Ownership Still Matters for Stability and Social Equality31:51 — Where Strata Schemes Fail: Issues With Governance and Accountability35:23 — How Investor Incentives Have Shaped Australia’s Housing Market43:27 — Smart Green Cities: Connecting Strata Reform to Sustainability Goals44:42 — Property Dumbo: A Real-World Example of Strata Mismanagement46:20 — Final Reflections and Where to Learn More From Prof. Cathy SherryLinksArticle: Embedded networks in high-density and master-planned housingAbout the GuestCathy Sherry is a Professor in Macquarie Law School and Executive Member of Smart Green Cities. She is a leading international expert in land law, with a particular focus on high density development. Her book Strata Title Property Rights: Private governance of multi-owned properties (Routledge, 2017) is the first academic monograph on Australian strata title. It has been cited by the Privy Council and the New South Wales Court of Appeal. Professor Sherry's research focuses on the complex legal, economic and social relationships created by collectively owned land. Professor Sherry regularly advises governments, domestically and internationally, on the laws governing multi-owned properties. She was a member of the United Kingdom Law Commission Technical Committee for the...

Australia’s housing shortage isn’t just about planning approvals or red tape — it’s about money. In this episode, commercial finance expert Jean-Pierre Gortan, Joint Founder of Simplicity Loans & Advisory, joins Veronica Morgan and Chris Bates to unpack the financial bottlenecks preventing new homes from being built, even in areas crying out for supply.Jean-Pierre draws on more than two decades of experience structuring complex, multi-lender deals to explain why so many developments are stuck in limbo. From Parramatta to Penrith, he reveals how post-COVID construction cost blowouts, tighter lending standards, and broken feasibility models have made many projects impossible to fund — even with demand at record highs.They discuss how non-bank lenders are filling the void left by traditional banks, why build-to-rent projects still struggle to stack up in high-cost cities like Sydney, and what state governments are doing through rezoning, TOD corridors, and density incentives to unlock supply. Jean-Pierre also shares insights into how the market differs between NSW, Victoria, and Queensland, and what policy shifts could finally make housing delivery viable again.This is a candid, ground-level look at the economics of housing supply — and a reminder that Australia’s housing crisis won’t be solved by planning reforms alone, but by rethinking how development is financed.Episode Highlights00:00 – Introduction02:12 — How COVID Cost Blowouts Crushed Feasibility03:51 — When Projects Don’t Stack Up Financially05:22 — Why Government Fixes Aren’t Solving Supply15:38 — Non-Bank Lenders: Who’s Funding Projects Now18:02 — Developers Adapting to a Tougher Market21:32 — How Finance Shapes Future Housing Supply25:53 — Residential vs Commercial: Shared Challenges26:27 — Why Banks Pulled Back from Construction Loans28:18 — Can Government Programs Reignite Building?29:48 — Pre-Sales Pressure: A Hidden Project Killer31:10 — Quality, Oversight, and Building Regulation Costs32:39 — Red Tape and Rezoning: The Slow Path to Supply36:40 –  Transport Oriented Development (TOD) and LMR Zones43:08 — Property Dumbo: Overconfidence in Feasibility44:45 — Final Thoughts: Funding and the Road AheadLinksJean-Pierre Gortan (website bio)LMR ViewerAbout the GuestJean-Pierre Gortan is the Joint Founder of Simplicity Loans & Advisory and one of Australia’s most respected figures in commercial finance. A back-to-back winner of the Australian Broker of the Year Award by MPA Magazine, Jean-Pierre has built a national reputation for solving some of the country’s most complex funding challenges with creativity, precision, and integrity.With more than two decades of experience across property, business, and development finance, he has been instrumental in steering Simplicity’s growth into one of Australia’s leading independent advisory firms. His expertise lies in structuring sophisticated, multi-lender transactions — from nine-figure refinances to bespoke development facilities — all with a focus on delivering exceptional client outcomes.Beyond finance, Jean-Pierre is a passionate advocate for community causes, having raised hundreds of thousands of dollars through initiatives such as the Larapinta Stage Race, the CEO Sleepout, and his ongoing support for the Women’s Resilience Centre. A...

Property decisions today hinge on interest rates, inflation, and housing demand — but what if the traditional signals we’ve all relied on no longer give the full picture?In this episode, we sit down with Alan Oster, former Chief Economist of NAB and one of Australia’s most respected economic voices, to unpack what really matters in a housing market under stress.Alan explains why GDP, unemployment, and even consumer surveys can mislead investors, and why real-time banking data has changed the game. He shares stories from decades of forecasting — including times when the “headline” numbers pointed in the wrong direction — and highlights the three signals he believes are most useful for understanding where housing is headed.From the rental crisis to the impact of migration and state government land taxes, Alan dives into the structural pressures reshaping demand. He also addresses productivity stagnation, the future role of AI in jobs and housing, and why policy missteps continue to ripple through Australia’s economy.Whether you’re a property investor, policymaker, or simply trying to understand what’s next for interest rates and housing demand, Alan offers candid insights you won’t hear in the headlines. This episode is a rare chance to learn from the economist who has shaped Australia’s forecasting for over three decades.Episode Highlights00:00 – Introduction00:22 – Meet Alan Oster: NAB’s Former Chief Economist02:01 – Global Headwinds: US Politics, Tariffs & Trade03:01 – Economics as Psychology: Market Reactions Explained04:11 – Real-Time Banking Data Changes Forecasting05:12 – COVID Lessons: Spending Falls by Postcode06:30 – Hidden Stress: Households, Jobs & Policy Gaps13:49 – Australia’s Productivity Problem Unpacked15:35 – AI, Migration & the Future of Work23:36 – Property Choices: Wealth, Debt & Investor Behaviour26:10 – Land Taxes and Why Investors Are Selling27:05 – Migration, Housing Supply & the Rental Crunch28:22 – State Outlooks: Victoria, Adelaide, NSW & QLD29:05 – How Banks View Mortgages & Housing Risk31:45 – Productivity Growth Slows in Australia33:55 – Policy Fixes: Tax Reform & Build-to-Rent36:04 – Housing Market Costs, Supply & Gov’t Guarantees37:34 – Lessons from Past Crises & Recessions44:04 – Property Dumbo: Alan’s Downsizing StoryAbout the GuestAlan Oster is one of Australia’s most trusted economic forecasters, best known for his 33 years as Chief Economist at NAB. During his tenure, he built NAB’s influential Monthly Business Survey and pioneered the use of real-time banking data to track household and business behaviour — insights now shared with the RBA, ABS, and Treasury.Before joining NAB in 1992, Alan spent 15 years at Commonwealth Treasury, including four years in Paris as Australia’s representative at the OECD. Recognised as an authority on economic forecasting, monetary policy, and housing demand, he is a sought-after commentator in both public and private circles.Alan retired from NAB in 2025 but continues to share his expertise, offering a rare blend of sharp economic analysis and practical insights for policymakers, businesses, and property investors alike.Connect with AlanLinkedInResourcesVisit our website: https://www.theelephantintheroom.com.auIf you have any questions or would like to be featured on our show, contact us at:The Elephant in the Room Property Podcast - a...

What’s really driving property investors in 2025? The latest PIPA Investor Sentiment Survey lays it bare — and the results matter for every investor, renter, and policymaker in Australia.In this episode, we’re joined by Lachlan Vidler, Chair of the Property Investment Professionals of Australia (PIPA), to unpack the top findings. The survey shows investors are selling under pressure—with debt reduction, compliance costs, and land tax topping the list of reasons. But here’s the kicker: when those properties are sold, only 42% stay in the rental pool, shrinking rental supply and pushing rents higher.Policy risk looms large too. More than half of investors said they’d exit if negative gearing was altered, while others flagged land tax, compliance, and rental caps as breaking points. Yet in the same breath, nearly 60% of investors still believe it’s a good time to buy. That fragile optimism is keeping the market alive even as costs bite.Finally, the survey reveals who investors actually turn to for advice—mostly mortgage brokers and accountants, not property specialists. Why does that matter? Because it explains why investor behaviour often swings between optimism and panic, shaping rental markets and property prices in ways that affect us all.This episode is packed with insights every property investor needs to hear—because the decisions you and your peers make today are reshaping Australia’s housing market for tomorrow.Episode Highlights00:00 – Introduction02:04 – Why the Rental Market Is Being Reshaped03:11 – Top Reasons Investors Are Selling Properties04:39 – How Rising Costs Erode Investor Confidence07:08 – Pain in Melbourne, Gains in Brisbane08:15 – Federal Reforms Driving Investor Uncertainty12:02 – The Rental Pool Is Shrinking—What It Means14:29 – Supply, Demand, and Speculative Investment22:34 – Why Industry and Government Clash on Reform26:17 – How Politics Shapes Investor Outcomes28:40 – Lobbying, Legislation, and Investor Reaction31:06 – Who Investors Really Trust for Property Advice34:15 – Why Investors Need Holistic Property Guidance38:29 – Fragile Optimism: 60% Still Say It’s Time to Buy47:39 – Property Dumbo: Signing Contracts Too Soon50:01 – Wrap-Up and Where to Find PIPA ResourcesMentionsRental crisis worsens as more investors exit the market – 2025 PIPA Investor SurveyAbout the GuestLachlan Vidler is the Chair of the Property Investment Professionals of Australia (PIPA), the peak body advocating for higher standards and transparency across the property industry. With deep experience as a property advisor and investor, Lachlan brings unique insight into the data and psychology behind investor behaviour.At PIPA, he works to raise professional standards, educate investors, and shape better policy outcomes for the housing sector. His leadership positions him at the centre of Australia’s most pressing conversations on affordability, rental supply, and the future of property investment.Connect with LachlanLinkedInInstagramResourcesVisit our website: https://www.theelephantintheroom.com.auIf you have any questions or would like to be featured on our show, contact us...

Short-term rentals have faced caps, levies, and rising costs. Investors are asking the big question: Does the short-stay model still work?In this episode, Quirin Schwaighofer, co-founder and co-CEO of MadeComfy, joins us to unpack the state of the short-stay market in 2025. We talk about how regulations like NSW’s 180-day cap and Byron Bay’s 60-day limits are reshaping operations, where demand is shifting post-COVID, and why distribution has moved far beyond Airbnb.We also dive into when mid-term furnished rentals can outperform, what investors should track weekly to stay ahead, and the pitfalls that even seasoned owners fall into.If you’re weighing short-term vs mid-term or wondering how to keep income resilient under new rules, this episode is for you.Episode Highlights00:00 – Introduction01:15 – Meet Quirin Schwaighofer: MadeComfy's Journey01:51 – Acquisition by Prism: A New Chapter04:06 – Post-COVID: a tougher, smarter short-stay market07:11 – NSW rules, caps, and what they really mean11:15 – How other markets handle short-stay caps14:14 – Demand shifts and investor behaviour in 202519:21 – Strategies for short-term rental success25:04 – Where short-stays still shine (and struggle)26:03 – What MadeComfy actually does for owners27:02 – Beyond Airbnb: competing channels and share28:26 – Common short-stay pitfalls (and fixes)31:36 – Supply, yield, and the housing market picture32:58 – Byron Bay: balancing tourism and housing39:16 – What government should fix—and how44:17 – Closing advice for owners and investorsAbout the GuestQuirin Schwaighofer is the Co-CEO & Co-Founder of MadeComfy, the Australian accommodation innovator helping real estate professionals and investors enter and scale in short-term and mid-term rentals with tech-driven operations and a trusted consumer brand. Since 2015, he’s raised $20M+ in growth capital, won multiple Shortyz awards, and led MadeComfy to recognition in AFR BOSS’s Best Places to Work and the AFR Fast 100.In 2025, MadeComfy reached a major milestone with its acquisition by global hospitality platform OYO, marking Australia’s second-largest short-term rental industry exit after Stayz. Prior to MadeComfy, Quirin co-founded a mobile workforce platform (HiKey Resources), led large-scale projects at BHP Billiton Iron Ore, and even launched a hospitality venue while completing a Master in Industrial Engineering and an Executive MBA (AGSM @ UNSW). A German-born entrepreneur and dad of three, he blends strategic vision with hands-on ops across sales, marketing, and market expansion.Connect with QuirinWebsite (MadeComfy): https://www.madecomfy.com.au/LinkedIn: https://www.linkedin.com/in/quirin-schwaighofer/ResourcesVisit our website: https://www.theelephantintheroom.com.auIf you have any questions or would like to be featured on our show, contact us at:The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.auLooking for a Sydney Buyers Agent? https://www.gooddeeds.com.auWork with Veronica:

Property management in Australia has been facing challenges for years — tenants feel ignored, landlords are frustrated, and managers are burning out. The question is: is the entire model broken beyond repair?In this episode, we sit down with Scott Bateman, strategist, innovator, and founder of property management platform Kolmeo, to unpack what’s gone wrong and what the future could look like. Scott brings unique insights from running Australia’s largest property management business, where outdated systems, legislative overload, and high staff turnover made clear that incremental fixes weren’t enough.We explore why property management has long been treated as a poor cousin to sales, why one in three managers leave the industry within 11 months, and how fragmented tech solutions have created more problems than they solve. Scott also explains how AI and structured processes could standardise quality, reduce burnout, and make renting a dignified experience rather than a second-class one.Along the way, we tackle the unintended consequences of well-meaning legislation, why institutional investment won’t solve the rental crisis, and whether property managers could evolve into strategic advisors rather than administrators. This conversation isn’t just about real estate — it’s about reimagining an industry at a crossroads.Episode Highlights00:00 – Introduction: Is Property Management Broken?01:41 – Why the Current Property Management Model Fails05:25 – Tech: Part of the Problem or the Solution?15:52 – Why the Industry Struggles to Embrace Change17:20 – Market Shifts Reshaping Property Management19:52 – How Tenant Behavior Is Changing the Market21:36 – The Future of Property Management Technology22:22 – Shifting Perspectives on Offshoring and Technology23:20 – AI and the Promise of Radical Efficiency25:08 – Challenges in Property Management Compliance25:59 – Tenant Data, Bias, and the Rental Dilemma31:26 – Can Property Managers Become Advisors?36:26 – Balancing the Landlord-Tenant-Manager Triangle41:42 – Why Scaling Property Management Is So Hard42:19 – Lessons Learned: Rethinking the IndustryAbout the GuestScott Bateman has firmly cemented himself as one of Australian real estate’s most influential voices on organisational strategy, technology, and innovation. With a career spanning banking, insurance, and property, Scott spent more than a decade at Westpac and IAG before leading the growth and transformation of Australia’s largest property management business.In 2020, he launched Kolmeo, a game-changing property management platform now embraced by some of the country’s most innovative agencies, including Nelson Alexander, Xceed, Melbourne Real Estate, and Marshall White. Educated at Harvard Business School, Scott blends rigorous academic research with real-world practice, offering a unique perspective on how strategy and technology can reshape industries.Connect with ScottWebsite (Kolmeo): https://kolmeo.com/LinkedIn: https://www.linkedin.com/in/batemanscott/X: https://x.com/batemanscottResourcesVisit our website: https://www.theelephantintheroom.com.auIf you have any questions or would like to be featured on our show, contact us at:The Elephant in the Room Property Podcast - a...

Australia’s housing market has been facing growing pressures in recent years.Homeowners often sit on millions in equity but can’t easily access it, while aspiring buyers without the “Bank of Mum and Dad” struggle to get into the market. At the same time, investors chase capital growth but face the costly, stressful reality of being landlords.In this episode, we sit down with Evan Thornley, CEO of LongView, to explore a smarter alternative: a residential property fund that unlocks equity for homeowners and delivers strong returns for investors. Through products like HomeFlex and Buying Boost, LongView’s fund allows existing owners to access cash without selling, while helping buyers bridge the deposit gap. For investors, the fund offers exposure to capital growth across a diversified pool of quality homes — without the headaches of tenants, maintenance, or leverage.Evan explains how LongView uses data science and on-the-ground expertise to identify “RODWELLs” (Robust Older Dwellings on Well Located Land), ensuring the fund consistently outperforms the market. We also hear real-world stories: families who avoided selling during divorce, homeowners funding life-changing renovations, and younger buyers who gained a foothold in the market sooner.If you’re a homeowner looking to unlock equity, or an investor seeking a lower-risk, higher-return alternative to landlordism, this conversation reveals why LongView’s fund might be the future of property investing in Australia.Episode Highlights00:00 – Introduction01:37 – Innovative Property Ownership Models04:02 – HomeFlex: Unlocking Home Equity06:26 – Predicting Capital Growth in Property13:44 – Investment Strategies and Market Insights17:09 – Client and Investor Perspectives26:36 – Diversification and Risk Management28:26 – Portfolio Distribution Across Cities28:46 – Future Fund Plans and Social Purpose30:18 – Challenges in Setting Up Funds31:23 – Clarifying Equity vs. Growth33:23 – Investor Appeal and Market Potential36:07 – Buying Boost and Shared Equity38:03 – Client Success Stories44:26 – Final Thoughts and ConclusionAbout the GuestEvan Thornley is the co-founder and CEO of LongView, a recognised leader in residential property buying and management that is pioneering funds management in Australia’s existing dwelling asset class. A technology and social entrepreneur, Evan has been a property investor for more than 30 years across Australia and the US.Before turning his focus to housing, Evan co-founded LookSmart Ltd, one of the first Australian tech companies to list on NASDAQ, reaching a peak market value of AUD $14.2 billion and returning its investors 100x. He also co-founded GoodStart, Australia’s largest social venture and the world’s largest early childhood education provider. His career has spanned entrepreneurship, social impact, and public policy — including serving as Parliamentary Secretary for Innovation under Premier Steve Bracks, co-founding the think tank Per Capita, and helping launch activist network GetUp!For the past eight years, Evan has been consumed with finding solutions to Australia’s housing challenges. Through LongView, he has built a platform that blends data science, deep property expertise, and innovative financial structures. His mission: to unlock housing wealth in ways that deliver both strong investor returns and better outcomes for Australian homeowners and buyers.Connect with EvanWebsite: https://LongView.com.au/Facebook: https://www.facebook.com/evan.thornley/LinkedIn: a...

Australia’s housing crisis isn’t just a social problem — it’s an economic one.In this episode, Robert Pradolin, founder of Housing All Australians, argues that secure, affordable housing must be treated as essential infrastructure for the nation’s prosperity. With over 40 years in residential development, Robert brings both insider knowledge and bold solutions to a system that has been failing for decades.We dig into how the private sector can mobilise unused buildings as “pop-up shelters,” why compassionate capitalism is redefining the role of developers, and how innovative construction methods like lightweight timber can cut costs and carbon emissions. Robert also lays out the staggering numbers behind the crisis: a $290 billion shortfall in social and affordable housing, and the economic risks of inaction — including the threat of civil unrest.The conversation challenges the myth that profit and purpose are mutually exclusive, showing instead how private capital, community land, and government policy could combine to unlock large-scale solutions. We also explore global models like inclusionary zoning, what Australia can learn from them, and the need for a national pipeline of prefabricated housing.If you’ve ever wondered why governments keep stalling, what’s holding back institutional investment, and what it will really take to solve this crisis, this episode is essential listening. The message is clear: housing for all isn’t optional — it’s the foundation of a stable, productive, and fair society.Episode Highlights00:00 – Introduction01:51 – The Journey and Motivation Behind Housing All Australians03:04 – Compassionate Capitalism and Private Sector Involvement04:10 – Strategies and Initiatives for Affordable Housing05:52 – Success Stories and Case Studies09:51 – Challenges and Economic Imperatives21:23 – Comparing Global Approaches to Affordable Housing26:21 – Innovative Construction Techniques and The Green Project27:57 – The Cost of Urban Growth and Housing Diversity28:51 – Timber Construction and Its Benefits30:43 – Innovations in Construction Techniques33:15 – The Role of Government and Private Sector in Housing35:18 – Addressing Homelessness and Housing Affordability37:30 – Unlocking Empty Bedrooms for Key Workers43:11 – Final Thoughts and RecommendationsAbout the GuestRobert Pradolin is the founder of Housing All Australians, a national for-purpose organisation working to harness the resources of the private sector to deliver housing solutions for vulnerable Australians. With a 40-year career spanning greenfield subdivisions to high-rise towers, Robert has held senior roles in some of the country’s largest property companies.His journey from mainstream development to housing advocacy was sparked by a confronting realisation: while the industry was serving those who could afford it, government had abandoned its responsibility to house society’s most vulnerable. Since then, Robert has become one of the most vocal advocates for treating housing as essential economic infrastructure, not just social welfare.Through Housing All Australians, he has spearheaded projects repurposing vacant buildings into temporary shelter, advanced economic research on the cost-benefit of social housing, and promoted innovative construction methods to reduce costs and emissions. His vision of “compassionate capitalism” challenges the perception of developers as greedy profiteers and instead calls for a business-led response to one of Australia’s most urgent crises.Connect with RobertWebsite:

NIMBY vs YIMBY? Is saying “no” to change protecting community character — or blocking the homes our cities desperately need? In this episode, we sit down with Jonathan O’Brien, lead organizer of YIMBY Melbourne, to unpack what’s at stake when communities resist — or embrace — change. We dig into whether opposing development is simply selfish or a legitimate defense of lifestyle and character, and whether YIMBY optimism sometimes overlooks practical realities. From heritage streetscapes and leafy suburbs to missing-middle density and downsizer demand, this is a frank look at the trade-offs that come with growth. Jonathan also explores the politics of planning: why local councils resist, why states override, and why those locked out of housing are the most under-represented stakeholders in the debate. We tackle sensitive questions about fairness: who pays when new homes aren’t built, and who loses when change does come? If you’ve ever wondered why housing reform feels so stuck, and why both sides of the NIMBY/YIMBY divide can be right and wrong at the same time, this episode will challenge assumptions and reframe the conversation. Episode Highlights 00:00 – Welcome 01:14 – Jonathan O'Brien's and YIMBY Melbourne 01:48 – Progress and Challenges in Melbourne's Housing Policy 03:21 – Success Stories and Comparisons with Sydney 04:44 – Docklands: A Controversial Development 07:39 – The Missing Middle and Medium Density Housing 22:06 – Balancing Heritage and Development 28:39 – Planning Regulation Challenges 30:01 – Developer Strategies and Urban Planning 31:39 – Heritage and Housing Density 32:47 – Quality Concerns in New Developments 35:07 – Zoning and Urban Planning Dynamics 38:27 – Economic and Social Impacts of Rezoning 41:53 – Balancing Development and Community Needs 50:13 – State vs. Local Control in Urban Planning 52:05 – Conclusion and Final Thoughts About the Guest Jonathan O’Brien is the lead organizer of YIMBY Melbourne, an advocate for smarter housing policy, and an award-winning writer and publisher. A passionate voice for effective altruism and urban reform, he works to shift the conversation around density, planning, and affordability toward more equitable outcomes. With a background in community organizing and a commitment to evidence-based change, Jonathan brings both sharp analysis and lived experience to the often polarizing debate between NIMBYs and YIMBYs. His mission: to help shape cities that are inclusive, adaptable, and built for the next generation. Connect with Jonathan Website: https://jonobri.com/ YIMBY Melbourne website: https://www.yimby.melbourne/ Instagram: https://www.instagram.com/jonobridotcom/ X: https://x.com/jonobri LinkedIn: https://www.linkedin.com/in/jonobri/ Resources Visit our website: https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au Looking for a Sydney

Commercial property isn’t just “resi with higher yields” — it’s a whole different game with its own language, rules, and risks. In this episode, we sit down with Helen Tarrant, founder of Unikorn Commercial Property, to unpack what investors really need to know before making the leap. Helen reveals why mindset is the first hurdle when moving from residential to commercial, and why too many investors skip the education that could save them from costly mistakes. We explore the key levers that drive a property’s value — lease term, location, tenant quality, and asset type — and why small changes in these can mean big shifts in price and yield. She also shares hard truths on price points, explaining where the “rats and mice” risks live, and why under $1.5 million can be a danger zone for serious investors. From syndicates that give smaller investors access to multimillion-dollar assets, to practical strategies for tenant risk management and value uplift, Helen covers the nuts and bolts of building what she calls a “unicorn portfolio” — one that balances cashflow, growth, and uplift potential. She doesn’t shy away from the mistakes she’s seen (and fixed), giving listeners a forthright look at what can go wrong and how to protect yourself. Whether you’re an experienced property buyer ready to diversify, or a first-time commercial investor keen to start smart, this conversation will equip you with the insights, questions, and strategies to play the commercial game — and win. Episode Highlights 00:00 – Welcome 01:07 – Meet Helen Tarrant: Commercial Property Expert 01:44 – Differences Between Residential and Commercial Investing 02:21 – Understanding Commercial Property Fundamentals 04:50 – Evaluating Commercial Property Investments 08:23 – Common Mistakes and Misconceptions 12:30 – Identifying the Right Commercial Property 16:47 – Navigating the Commercial Property Market 25:09 – Price Points and Investment Strategies 28:36 – Understanding Syndication in Real Estate 29:16 – Securing High-Value Properties 30:10 – Mechanics of Shareholding in Syndicates 31:42 – Common Mistakes in Commercial Property Investment 34:22 – Strategies for Flipping Commercial Properties 38:00 – Identifying and Fixing Problematic Properties 41:24 – The Importance of Due Diligence 45:32 – Case Study: Rescuing a Client's Investment 50:51 – Final Thoughts and Advice   About the Guest Helen Tarrant is the Founder of Unikorn Commercial Property, a specialist buyer’s agency helping everyday Australians access and succeed in the commercial property market. With a background in commerce and law, and over a decade of firsthand experience as both an investor and advisor, Helen has built a reputation for turning complex deals into strategic, high-performing investments. Known for her candid, straight-talking approach, she has educated thousands through free webinars, content, and in-person events, demystifying an asset class often seen as too risky or opaque. Her expertise spans portfolio strategy, tenant risk assessment, syndicate structures, and value-add opportunities, with a focus on creating balanced portfolios that deliver both income and growth. Passionate about investor education, Helen is committed to helping clients avoid the costly mistakes she’s seen too often in the industry, and to empowering them to think — and act — like seasoned commercial players. Connect with Helen Website: a...

Australia’s strata sector is under pressure — and it's no longer a niche issue. Following high-profile investigations by Four Corners and 7.30 Report, strata governance failures, building defects, and financial blowouts are now front and centre. With more Australians living in apartments and townhouses than ever before, what happens next in this space will impact millions. In this episode, Kate McHugh, co-founder of the Strata Futures Stakeholder Engagement and Roundtable, joins us to unpack what’s driving the crisis—and what needs to change. Drawing from her work on the Strata Futures Report, Kate outlines the six key reform pillars that emerged from cross-sector collaboration, covering everything from governance and professional standards to owner advocacy and sustainability. We explore how opaque commissions, underfunded capital works, power imbalances, and a fragmented regulatory system are eroding trust in strata—and why many apartment owners are left feeling blindsided by defects and skyrocketing levies. Kate also shares what it would take for the sector to turn itself around—before government intervention does it for them. Whether you're a strata owner, buyer, investor, or professional, this episode offers critical insight into the future of high-density living in Australia.   Episode Highlights 00:00 – Welcome 02:09 – The Strata Sector's Challenges 04:14 – Governance and Regulation Issues 05:08 – The Round Table Initiative 11:54 – Sustainability in Strata 17:13 – The Six Pillars of Reform 26:07 – Understanding Strata Obligations 27:19 – The Importance of Maintenance and Governance Data 28:30 – Investing in the Strata Sector 29:08 – Personal Mission to Improve Property Decisions 30:18 – Challenges in Strata Education and Awareness 31:29 – Public Awareness and Training Initiatives 33:32 – Strata Management and Building Maintenance 37:00 – The Future of Strata Development 40:30 – Sector Collaboration and Task Force 44:14 – Final Thoughts and Call to Action Mentions Strata Futures - https://www.katemchugh.net/strata-futures About the Guest Kate McHugh is the co-founder of the Strata Futures Stakeholder Engagement and Roundtable and co-author of the Strata Futures Report. With a background in governance, policy, sustainability, and stakeholder engagement, Kate works at the intersection of lived experience and systemic reform in Australia’s strata sector. Partnering with former NSW Strata Commissioner John Minns and a wide network of industry and consumer leaders, Kate helped convene a cross-sector discussion to explore what’s broken—and what could be rebuilt. The outcome: a collaborative report outlining six key reform areas designed to make strata more equitable, transparent, and functional. Her work is helping push the conversation forward at a time when strata’s role in housing affordability, sustainability, and urban planning has never been more critical. Connect with Kate Website: https://www.katemchugh.net/ LinkedIn: https://www.linkedin.com/in/katemchughh/   Resources Visit our website: https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - a...

With property data becoming increasingly available, investors face a growing challenge: accurately interpreting the numbers. In this episode, Veronica and Chris speak with Matija Djolic, co-founder of HtAG Analytics, to discuss how investors can effectively use property data and avoid common mistakes. Matija outlines four essential questions investors need to address before making decisions, emphasizing the importance of clearly understanding risk profiles, investment timeframes, and personal objectives. He highlights frequent pitfalls, including chasing short-term gains, misunderstanding suburb-level data, and misinterpreting market "hotspots." This conversation equips investors with practical insights on responsible data use, clarifying when data can help… and when it might mislead. Whether you're an experienced investor or a first-time buyer, you'll gain valuable strategies for making smarter property decisions in today's data-rich environment. Episode Highlights 00:00 – Welcome 01:42 – The Origin of HtAG Analytics 03:35 – Key Questions for Property Investment 04:56 – Understanding Risk in Property Investment 12:35 – The Role of Data in Property Markets 15:30 – Challenges of Data Interpretation 17:57 – The Impact of Data Accessibility 24:37 – Strategies for Property Investment 34:11 – Navigating Tricky Real Estate Decisions 34:28 – Connecting with Veronica Morgan's Resources 35:12 – Understanding Property Scarcity and Sales Volume 36:01 – The Role of Data Accuracy in Real Estate 38:04 – Tech and Human Expertise in Real Estate 40:21 – Challenges with Real Estate Transparency 41:55 – The Importance of Personal Touch in Real Estate 43:10 – Buy and Hold vs Transacting Property 44:53 – Key Metrics for Long-Term Property Investment 46:11 – Affordability and Shifting Demographics 51:42 – Compounding Good Decision Making 55:32 – Common Myths in Real Estate 58:04 – Property Dumbo: A Cautionary Tale About the Guest Matija Djolic is the co-founder of HtAG Analytics and a leading data analytics coach specializing in the property investment sector. With a PhD in Organizational Psychology, Matija brings over seven years of experience guiding thousands of investors and buyer's agents through the complex maze of market analytics. Known for his expertise in both qualitative and quantitative pattern recognition, Matija empowers investors to make smarter, data-driven decisions that align with their long-term goals and risk profiles. His practical, no-nonsense approach challenges traditional investment assumptions, encouraging a more nuanced and informed understanding of property analytics. Connect with Matija Website: https://www.htag.com.au/ LinkedIn: https://www.linkedin.com/in/dr-matija-djolic-386475152/ Instagram: https://www.instagram.com/matijadjolic/ Facebook: https://www.facebook.com/matija.djolic.14/ Resources Visit our website: https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au...

Today, we sit down with Scott Aggett, founder of Hello Haus, a negotiation service shaking up Australia’s property buying landscape. Scott pulls back the curtain on the high-stakes game of real estate negotiation and reveals why most buyers are unknowingly walking into traps laid by experienced selling agents. If you’ve ever felt outmatched or overwhelmed in the home-buying process, this conversation will open your eyes to what’s going on behind the scenes. Listeners will gain deep insights into the psychological tactics agents use to push buyers into emotional decisions, often costing them tens of thousands more than necessary. Scott explains why traditional buyer’s agents may not be equipped to negotiate effectively, and how negotiation as a service provides a smarter, leaner alternative for buyers who want to retain control without losing leverage. He shares examples of real-world mistakes and outlines how simple behavioural cues—like revisiting a property too many times or discussing price too early—can weaken your position. Whether you're a first-home buyer or a seasoned investor, this episode is packed with actionable tips to help you think more strategically and negotiate with confidence. We also explore how market dynamics are changing, what smart buyers are doing differently in 2025, and why negotiation is no longer a luxury—it’s a necessity. If you're serious about buying better, this is one you don't want to miss. Episode Highlights 00:00 – Welcome 03:10 – Why Most Buyers Are Outmatched by Selling Agents 05:47 – The Buyer’s Agent Problem: Sourcing ≠ Negotiating  18:10 – Emotional Buying: How It Undermines Your Leverage 25:32 – What to Say (and Not Say) When Dealing with Agents 37:42 – Auction Theatre: How FOMO is Engineered  42:10 – Negotiation as a Service: A Smarter Model for Modern Buyers 50:50 – The Future of Property Negotiation in Australia About the Guest Scott Aggett is one of Australia’s leading property negotiation experts, with over 30 years of experience and more than 4,000 successful real estate deals across Australia, the UK, and Asia.  Beginning his career as a sales agent before launching multiple Belle Property franchises in Sydney’s Eastern Suburbs, Scott is renowned for his innovative "Negotiation as a Service" approach, which he pioneered through his company, Hello Haus. His negotiation-focused model has empowered countless Australian buyers to secure top-performing investments and dream homes with less stress and below-market prices. After Hello Haus was acquired by major industry players in 2024, Scott continues to advocate for transparent, client-focused property negotiations, regularly sharing market insights across major media and industry platforms. Connect with Scott Website: https://www.scottaggett.com/ LinkedIn: https://www.linkedin.com/in/scottaggett Instagram: https://www.instagram.com/scottaggett Facebook: https://www.facebook.com/scott.aggett/ Resources Visit our website: https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - a...

If you’re navigating retirement planning in Australia, this episode is a must-listen. Financial adviser James Wrigley joins The Elephant in the Room to unpack the strategies that high-income earners, Gen X professionals, and aspiring retirees can use to build a more secure financial future, without falling into the usual traps. From maximising tax returns through superannuation to understanding why property may not be the most reliable retirement asset, James breaks down complex concepts into actionable steps. You’ll learn how super could grow from $300K to $2M, when and how to use catch-up contributions, and why liquidity and access might be more important than you think. This episode challenges the idea that you need to be “a property person” or “a shares person” and instead offers a mindset shift: invest based on outcomes, not identity. Whether you’re in your 40s and just starting to take your future seriously, or you’re closing in on retirement, this conversation will change the way you think about your money. Episode Highlights 00:00 – Welcome 04:00 – Why Your Super Isn't a Set-and-Forget Strategy 08:30 – Property vs Super: Which Is the Better Long-Term Play? 20:50 – How High-Income Earners Can Get Up to 50% Back Through Super 33:40 – Ditch the “Property Person” Mentality 41:15 – Catch-Up Contributions Explained 47:25 – $300K to $2M: The Power of Early Planning 52:00 – The Emotional Side of Financial Planning   About the Guest James Wrigley is a Principal and Certified Financial Planner at First Financial, a leading Melbourne-based firm specializing in financial planning and superannuation management. With nearly two decades of industry experience, James has progressed from administrative roles to the highest levels of advisory leadership, serving clients ranging from young professionals building their wealth to retirees planning for aged care. Known for his dynamic approach and strong online presence, he is committed to understanding each client's motivations and delivering tailored strategies for lasting financial well-being. James is particularly recognized for fostering client relationships built on trust and clear communication, and he frequently shares his expertise through podcasts, social media channels, and public presentations to empower Australians with practical financial insights Connect with James Youtube: https://www.youtube.com/channel/UC6gLgLcVe_m8-Q9UWKvMObQ Instagram: https://www.instagram.com/iamjameswrigley/?hl=en LinkedIn: https://www.linkedin.com/in/james-wrigley Spotify: https://open.spotify.com/show/1IQReBXcUdYnBeaXuFpHc1 Resources Visit our website: https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au...

When it comes to property ownership in Australia, few topics are as misunderstood—and as crucial—as insurance. In this episode, Veronica sits down with Kimberley Jonsson, CEO of CHU Insurance, to unpack the growing risks in strata and property insurance and why many owners might be underprepared. From the rising cost of premiums to the unseen dangers lurking in older buildings, Kimberley brings expert insight into the systemic issues shaping Australia’s housing market—and what that means for you. We dive into how the Insurance Affordability Index reveals a stark difference between houses and strata properties, why mandatory strata insurance may be more affordable than you think, and the real consequences of underinsurance. Kimberley also shares powerful case studies—including a Bondi building on the brink of collapse—that challenge conventional thinking about risk, responsibility, and return on investment in the property space. Whether you're an investor, owner-occupier, strata manager, or buyer's agent, this episode will shift how you think about property protection and help you make smarter, faster decisions. Because when it comes to insurance, delaying action costs more than just money. Enjoyed this episode? Be sure to subscribe, share with your property network, and leave us a review on your podcast app. Got a question or topic suggestion? Reach out—we’d love to hear from you!       Episode Highlights: Welcome [00:00] The Underinsurance Crisis [03:48] Strata Insurance Is More Affordable Than You Think [11:30] The Challenges with Insurance Valuations [18:45] What It Takes to Be ‘Uninsurable’ [29:40] Don’t Delay Repairs: The $1M Roof Story [37:54] The Bondi Building That Nearly Collapsed [51:07] Final Advice for Buyers and Investors [59:40]   About our Guest: Kimberley Jonsson is the CEO of CHU Underwriting Agencies, Australia’s largest and longest-standing strata insurance underwriting agency. With over two decades of experience in strata and insurance, she is a leading advocate for transforming the perception of strata living from a fallback option to the "new Australian dream" by fostering vibrant, informed, and resilient strata communities. Under her leadership, CHU focuses on innovation, education, and sustainability to enhance risk management and build resilience for more than 4.2 million Australians living in strata. Recognized globally for her influence and innovation in insurance, Kimberley also serves as a Director of ANZIIF and has been featured on the Insurance Business Global 100 List     Connect with Kimberly: Linkedin: https://www.linkedin.com/in/kimberley-jonsson-92300342/       Resources: Visit our website: https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? a...

What happens when a city goes from being “uninvestable” to a national hotspot almost overnight? In this episode, Perth-based buyer’s agent Matthew Hughes joins Veronica to unpack what’s driving the WA property surge—and what investors are getting wrong. With boots-on-the-ground insight, he shares why affordability alone is a flawed strategy, how investor FOMO is distorting the market, and why timing and fundamentals still matter. While many are chasing quick wins, Matthew and Veronica challenge the hype. They dig into the risks of borderless buying, the pitfalls of relying solely on data, and why buying cheap doesn’t always mean buying smart. For investors chasing long-term outperformance, this conversation is packed with insights on due diligence, owner-occupier demand, and how to avoid the traps of short-term sugar hits. Whether you’re investing in Perth or watching from the East Coast, this episode is a must-listen for anyone serious about sustainable growth. Hit play now and learn how to think long-term in a market driven by short-term noise.       Episode Highlights: Welcome [00:00] Perth Property Market Overview [00:59] Current State of the Perth Market [01:28] Impact of Investors and Local Buyers [03:11] Challenges for Local Buyer's Agents [05:51] Market Trends and Investment Strategies [07:33] Common Mistakes by Investors [08:49] Impact of Market Cycles on Investors [15:25] Role of Lending Advice in Investment Strategies [38:11] Due Diligence and Risk Management [42:35] Property Market Trends and Future Outlook [49:05]       About our Guest: Matthew Hughes is the Managing Director and Senior Buyer's Agent at Capital Property Advisory (CPA), Perth’s highest-rated buyer’s agency and development consultancy. With over 20 years of experience in property investment and development, Matthew has a deep passion for wealth creation through strategic property acquisition. He began investing at 19 and has since dedicated over a decade exclusively to working with buyers, guiding clients with unbiased, research-backed advice tailored to their individual goals. Matthew is a Qualified Property Investment Adviser (QPIA®), a licensed real estate and business agent, and a respected leader in the industry, recently winning the 2025 National Property Investment Adviser of the Year award from the Property Investment Professionals of Australia (PIPA). He also serves on the PIPA Board of Directors, advocating for ethical standards and investor education across Australia\     Connect with Matthew: LinkedIn: https://www.linkedin.com/in/matthewhughesqpia/       Resources: Visit our website: https://www.theelephantintheroom.com.au Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au li...

In this episode, we’re joined by Tim Riley, founder of Property Collectives, to explore a new way of thinking about housing—one rooted in collaboration, not speculation. Tim breaks down how the group build model works, why it’s gaining traction, and how it empowers people to co-create their homes rather than buy off the plan. We cover a wide range of topics, including long-term land leases, co-op residency structures, cost-based living models, and how these ideas could offer an alternative to rising rents and traditional home ownership. Tim also talks through the realities of group decision-making, equity capital requirements, and the mindset shift needed to embrace collective development. If you’re interested in housing affordability, innovative ownership structures, or just want to understand where the future of property might be heading, this conversation is packed with insights. Tune in now to hear how Property Collectives is challenging the status quo in Australian housing.   Episode Highlights: Welcome [00:00] Tim Riley's Journey and Initial Projects [02:14] Details of Group Builds and Decision-Making [04:53] Financial Benefits and Social Aspects [06:33] Formation and Management of Groups [12:16] Challenges and Solutions in Group Builds [15:10] Expansion and Future Plans [31:05] Impact and Broader Implications [55:21]   About our Guest: Tim Riley is the founder and Development Director of Property Collectives, a pioneering Australian property development group known for its innovative, community-led approach to housing. With a background in marketing, Tim transitioned into property development in 2010, establishing Property Collectives to empower individuals and groups to collaboratively design and build architecturally distinctive homes at cost. Under his leadership, the company has delivered numerous projects across Melbourne, focusing on affordability, sustainability, and social impact. Tim’s vision centers on creating quality homes and vibrant communities by enabling participants to become co-developers, sharing both the responsibilities and rewards of property ownership   Connect with Tim: LinkedIn: https://www.linkedin.com/in/timykriley/ Website: https://propertycollectives.com.au/team/tim-riley/ YouTube: https://www.youtube.com/user/timykriley1 Instagram: https://www.instagram.com/propertycollectives   Resources: Visit our website: https://www.theelephantintheroom.com.au Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au li...

Is housing really unaffordable because we’re not building enough? Or is that just one part of a much bigger, more complicated story? In this episode, we sit down with Peter Mares, journalist, researcher, and author of No Place Like Home – to break down the real reasons why housing is unaffordable in Australia today. Peter walks us through how decades of policy decisions, from tax incentives to the withdrawal of public housing investment, have created a system that prioritises wealth-building over stability. We talk about the deeper issues at play; like how negative gearing and capital gains tax concessions have distorted the market, and why treating housing as infrastructure could be a game-changer. We also get into the cultural side of the problem. The obsession with homeownership, the underuse of housing stock, and the lack of medium-density options in the suburbs all play a role in keeping people locked out. And Peter doesn’t just point out what’s wrong, he offers grounded, practical ideas on what can actually shift. If you’ve ever wondered why housing is unaffordable in Australia, beyond the headlines and hot takes, this conversation pulls back the curtain. It’s honest, insightful, and packed with the kind of context that’s so often missing from the national debate. Episode Highlights: 00:00 - Introduction 04:14 - Should home ownership be the goal of housing policy? 06:09 - How has financialisation distorted our housing system? 10:39 - What are the key structural issues we keep avoiding? 14:18 - Can we even build enough housing with current capacity limits? 16:54 - What does it mean to treat housing as infrastructure? 19:03 - Can Singapore’s housing model teach Australia something? 21:23 - Should we rethink what the “ideal” Australian home looks like? 25:00 - Why aren’t people downsizing even when it makes sense? 27:04 - How does tax shape housing decisions? 32:51 - What’s changing behind the scenes at Treasury? 35:07 - Could new superannuation taxes push more money into housing? 39:06 - Is Labor too scared to touch housing tax reform again? 46:01 - Would a land tax instead of stamp duty really work? 50:35 - What got you interested in housing policy in the first place? 52:12 - What’s your take on current housing journalism? 54:53 - Peter Mares’ property dumbo About Our Guest: Peter Mares is an independent journalist, researcher, and public commentator best known for his book No Place Like Home: Repairing Australia’s Housing Crisis. He spent 25 years at the ABC—first as a foreign correspondent and later hosting national radio programs—before moving into urban policy and social issues. He held roles as an adjunct senior research fellow at Monash University, a Cities Fellow at the Grattan Institute, contributing editor for Inside Story, and lead moderator of the Cranlana Centre for Ethical Leadership. Connect with Peter Mares: Website https://petermares.com.au/ LinkedIn https://www.linkedin.com/in/peter-mares-a3211617b Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? a...

Is all this property wealth we talk about actually real—or is it just theoretical? That’s what we unpack in this episode with our guest Martin North, founder of Digital Finance Analytics and someone who’s been watching the numbers and the story behind them for years. We ask him: is Australia’s $11 trillion property market built on something solid, or are we clinging to an illusion that’s quietly reshaping the country? Martin walks us through what he calls a “Python swallowing an elephant” moment; the massive bulge of intergenerational wealth that’s moving slowly through the system. We get into what’s really happening with downsizing, why reverse mortgages might not be the win they’re often sold as, and what happens when kids start relying too heavily on the Bank of Mum and Dad. Spoiler: it’s not as simple or as safe as people think. We also look at what governments are doing, policies around death tax fears, proposed taxes on unrealized gains in super, and the broader impact of kicking the can down the road. Martin doesn’t hold back when it comes to calling out flawed thinking or dangerous policy decisions, and it makes for a really thoughtful, at times surprising, conversation. If you’re trying to make sense of where the market’s heading or what might be brewing beneath all this apparent prosperity, you’ll want to sit with this one. It’s not about panic—it’s about facing the bigger picture and asking the harder questions most people still avoid. Episode Highlights: 00:00 - Introduction 01:26 - Who is Martin North? 02:20 - Why is intergenerational wealth transfer such a big issue today? 07:38 - Are we double counting superannuation totals when comparing asset classes? 11:29 - Why can’t many older Australians downsize, even if they want to? 13:04 - Financial traps hidden in retirement villages and reverse mortgages 18:31 - How wealth and mortgage debt are distributed across generations, and why it matters 23:21 - Cultural shift in how families are handling financial support across generations? 28:05 - Are younger generations developing a sense of entitlement toward parental financial support? 33:52 - Martin's thoughts on the proposed policy to tax unrealized gains in superannuation 39:01 - Did tax reforms under Howard trigger Australia’s property boom? 41:57 - Why has Australia’s property market outpaced the UK since 2000? 45:00 - Will Australia’s $11 trillion in property wealth ever truly change hands? 48:48 - What happens when the property wealth wave finally hits the end of the line? 52:56 - Are Australians starting to see the deeper layers behind the housing crisis? 57:19 - Martin North’s property dumbo About Our Guest: Martin North is the founder of Digital Finance Analytics, a boutique research and analytics firm focused on the intersection of finance, property, and consumer behavior in Australia. With a background in banking, data science, and strategic consulting, Martin is known for his in-depth housing market surveys and independent commentary on financial systems. He regularly appears in media and podcasts to share insights grounded in data, particularly on topics like intergenerational wealth, mortgage stress, and housing affordability. His work combines macroeconomic analysis with real-world household data, making him a respected voice in Australian property and finance conversations. Connect with Martin North: LinkedIn https://au.linkedin.com/in/martin-north-6a799182 Website a...