• EP. 1335 YOUR INTEREST RATES JUST GOT TRUMPED
    Nov 7 2024

    Can a single political event reshape global markets? Dive into the unexpected ripple effects of Donald Trump's surprise second election victory, and how his perceived business acumen could be a game-changer for the Australian property market. Join us as we explore the potential surge in investor confidence and rental stock availability, all while considering the broader implications for interest rates and inflation in both the US and Australia. With Trump's win possibly sparking a whirlwind of economic optimism, we dissect the intricate dance between political confidence and market dynamics, offering you a fresh perspective on this complex relationship.

    Expressing a mix of gratitude and hopeful anticipation, we take a moment to congratulate America on this political journey. As a Trump supporter, I share a personal reflection on the sentiments of pride intertwined with playful nods to a future of greatness. Amidst diverse reactions, we underscore the importance of inclusivity and wrap up with an optimistic farewell, encouraging a thoughtful examination of how such political shifts can echo across the globe. Tune in for an engaging conversation that blends political insights with real-world impacts on the property landscape, inviting you to ponder the broader economic picture in our rapidly changing world.

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    12 mins
  • EP. 1334 TALE OF THE SALE MINI INDUSTRIAL WAREHOUSES DOMINATE THE MARKET
    Nov 7 2024

    Could small footprint warehouses be the hidden gems of the real estate market? Join us as we uncover the unexpectedly lucrative world of 100m2 warehouses in Sydney's northern beaches. Our latest discussion with the insightful Mr. Wapshot takes you through a fascinating case study at 150 Old Pittwater Road, where a warehouse bought for $407,000 in 2013 recently sold for $1,025,000. This episode sheds light on why this category is becoming increasingly attractive for investors, particularly when pitted against traditional residential properties. With lower maintenance costs and tenants typically covering outgoings, these warehouses not only promise attractive returns but also embody the broader trend of property values doubling every decade.

    Amidst the dynamic negotiations and varied interests from potential buyers, ranging from tradespeople and investors to individuals seeking personal leisure space, this episode offers a compelling narrative of demand and value. Hear firsthand about the buyers who secured the warehouse to use for personal enjoyment and learn why such properties are gaining traction as smart investment choices. Whether you're an aspiring investor or a property market enthusiast, this conversation is packed with valuable insights and engaging real estate stories that promise to enlighten and entertain.

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    11 mins
  • EP. 1329 THE UNSUNG HEROES OF THE WORKPLACE...
    Nov 7 2024

    Ever wondered who keeps the wheels turning smoothly in a bustling business world? Meet Milos Matejevic, affectionately nicknamed "the octopus" for his unparalleled ability to handle multiple tasks with grace and efficiency. Celebrated on this special day marked by the Melbourne Cup and coincidentally his birthday, we shed light on those hidden heroes in our workplaces, the ones you might not see front and center but who are crucial to success. Tune in to discover how Milos, with his finance background, has journeyed from a junior role to becoming the backbone of Novak, orchestrating everything from accounting to liaising with accountants and lawyers, all while maintaining a steady hand. We promise you'll leave with a newfound appreciation for these unsung champions who are the invisible engines driving excellence.

    Join us as we discuss the incredible impact of these quiet heroes, often labeled as the silent forces within a company. We explore the many roles and titles that capture their essence—from operational wizards to the anchors of excellence—and how they make everything tick without the need for applause. Milos exemplifies this spirit, and his story is an inspiring testament to the power of dedication and reliability. Listen in as we recount his journey, celebrate his contributions, and emphasize the importance of acknowledging those who might not always be in the spotlight but are essential to the success of any team or business.

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    11 mins
  • NOVAK NEWS - Elections, rates & Xmas incoming …What does this mean for the property market?
    Nov 6 2024

    Ever wondered how global events across oceans shape the Australian real estate market? Join our enlightening discussion as we celebrate Billy's birthday and explore the intricate connections between the US election and Australia's property landscape. We promise you'll gain valuable insights into the ripple effects of international developments, all without any political alignments. Our conversation highlights how infrastructure and political networks silently influence market dynamics, ensuring you're well-informed about these unseen forces.

    As we approach the Reserve Bank of Australia's crucial meeting during the festive Melbourne Cup, speculation is rife about potential interest rate changes. We'll dissect the implications of a possible rate reduction and how it might affect both the retail and hospitality sectors during the holiday season. With whispers of a Trump re-election and Australia's current political climate under a Labor government, we present a comprehensive outlook on how these factors could reshape the global markets and domestic policies in unexpected ways.

    With Christmas on the horizon, we delve into the real estate market's unique strategies for vendors, buyers, and tenants preparing for the holiday rush. Discover expert tips on timing your property listings to capitalize on the increased online traffic during the festive season. We also reflect on the joy of the Melbourne Cup, urging you to balance work with life’s simple celebrations. Whether you're seeking serious market insights or a touch of holiday spirit, this episode offers a thoughtful blend of content to keep you engaged and enlightened.

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    23 mins
  • Ep.1328 Are older tenants better renters in Sydney? Expert manager Cleo weighs in.
    Nov 6 2024

    Is it true that older tenants make the best renters? Join us as we explore this intriguing question with Cleo Whithear, an expert property manager with a knack for matching tenants to homes perfectly. Cleo shares her invaluable insights on the unique dynamics of housing for those over 55, diving into how these renters often bring a rare mix of respect, commitment, and efficient communication to their living spaces. We'll discuss the delicate art of tenant profiling and how it aligns with landlords’ expectations, while also recognizing the fine line between preference and discrimination in housing.

    Cleo doesn't shy away from the complexities associated with age-restricted properties, offering a candid look at the challenges and advantages of renting to mature tenants. Through real-world examples, we unpack the landlord's perspective and how a tenant's profile can influence their decision-making process. Whether it's the minimal rent arrears or the thoughtful communication style, mature tenants often seem like a dream come true for property managers. Tune in for an enlightening discussion that offers a fresh perspective for landlords and anyone interested in the rental market's nuanced landscape.

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    13 mins
  • EP. 1326 THE REALITY OF SELLING AT X-MAS... MADNESS OR MIRACLE?
    Nov 5 2024

    Is selling your property during the festive season a stroke of genius or a recipe for chaos? With Christmas just around the corner, we explore the unique dynamics that make this time of year potentially lucrative for sellers. The holiday rush tends to weed out casual buyers, leaving only those serious about making a purchase. We share a personal success story of landing a deal right before the holidays, showcasing the magic that can happen when you embrace a 'get shit done' mentality. With reduced stock levels and perfectly timed auctions, this season might just be the 'perfect storm' for closing that sale.

    Looking to broaden your real estate horizons as the year winds down? We discuss how an open mind and proactive approach can turn transitional periods into bountiful opportunities. From rentals to commercial spaces, there's a world of options waiting to be explored. Asking the right questions and remaining curious can lead to finding the ideal property at just the right time. Whether you're ready to sell or thinking about moving, remember there's a wealth of possibilities out there, and now is the time to seize them. Join us for an engaging conversation about navigating the festive real estate market with confidence and creativity.

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    10 mins
  • EP. 1322 WHY LIVE IN DEE WHY?
    Nov 5 2024

    What makes a suburb like Dee Why the ideal real estate gem, promising high returns and a desirable lifestyle? Join us alongside Dee Why enthusiast Billy Drury as we uncover the secrets behind this suburb's spectacular capital growth. From its irresistible beachside charm and diverse housing options to excellent transport links and shopping facilities, Dee Why's unique blend of features makes it a standout. We dive into the essential checklist for smart real estate investments, highlighting the crucial role of limited supply in driving demand. Discover why clustered communities near urban offerings naturally attract people and how proximity to key amenities like metro stations, hospitals, and beaches can impact your investment decisions.

    Explore the transformative "Classy Suburban Principles" that redefine lifestyle accessibility beyond traditional class lines. We discuss how a sophisticated lifestyle can accommodate a range of budgets, making it an inclusive experience for everyone. Drawing from decades of real estate wisdom, we emphasize the importance of these principles across various locations, ensuring that class and sophistication are universal experiences. Whether you're a seasoned investor or a newcomer to the market, this episode offers valuable insights into choosing the right suburb to maximize your investment potential.

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    14 mins
  • NOVAK NEWS - PAYING STRATA FEES: THE GOOD, THE BAD, THE UGLY OF SHARED LIVING!
    Nov 5 2024

    Unlock the secrets of effective property management with our latest episode, where we promise you'll learn how strata levies might just be the hidden asset in your real estate portfolio. Ever considered that higher levies could indicate a proactive and well-managed property? We explore this intriguing perspective, breaking down the administration fund for day-to-day operations and the capital works fund for future improvements. Discover how understanding these financial nuances can empower you as a buyer, offering a glimpse into the long-term stability and planning of a potential investment.

    Our conversation also features expert insights from the seasoned team at Novak, guiding you through the complexities of strata reports. With a wealth of experience in strata-titled properties, they offer essential tips for navigating property purchases, emphasizing the importance of starting with a comprehensive strata report. Whether you need advice on leasing options or unpacking the details of a strata committee's actions, our episode equips you with the knowledge to make informed decisions in the world of real estate. Tune in for a masterclass in strata management and elevate your property investment strategy today.

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    15 mins