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Book a consult with Michael: https://calendly.com/d/cwrg-969-cjc Two thousand buyers, 200 villas, and everything gone in two hours. That is a normal launch day in Dubai, and it is where Ryan Smith is taking White Fox next. In this episode, Michael Killiner sits down with Ryan Smith, founder of White Fox Perth and co-director of White Fox Dubai, to unpack the leap from Perth agent to Dubai real estate. Ryan explains how off-plan sales work when buyers arrive with cheques in hand, why he recruits Aussie agents, and how he sets five year goals to hit in two. He also breaks down where the Perth market sits today, from sub-sale offers to overpriced stock, and how White Fox prices a home using comparable sales, land value, capital growth and replacement cost. To finish, Ryan shares what he looks for in an investment property, what success means to him and what he is most proud of. Essential listening for Perth buyers, sellers and investors who want to understand where the market is heading. 🔔 Subscribe and leave a comment with your questions. We build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: • Dubai off-plan launches move fast: 2,000 expressions of interest for 200 villas, so buyers and finance need to be ready beforehand. • Why Ryan is taking Aussie agents to Dubai after 20 to 25 enquiries in under two weeks. • His rule for goals: set a five year target and aim to hit it in two.• Perth buyers are still turning up to every home open, but overpriced listings are the real problem. • How White Fox prices a home using comparable sales, land values, capital growth and replacement cost. • About half of current offers are sub-sale, and buyers are dictating more terms. • Why Ryan expects Perth to ease another 5% at most, not 20%. • His investment checklist: location, nearby infrastructure and a clear price point. ------------------------------------------------------------ Subscribe: https://youtube.com/@ThatBackyardPropertyPodcast Instagram: https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag== Website: https://tuskfinance.com.au Connect with Michael: Facebook: https://facebook.com/tuskfinancemk Instagram: https://instagram.com/mortgageswmichael LinkedIn: https://linkedin.com/in/michaelkilliner TikTok: https://tiktok.com/@backyardpropertypodcast Tusk Finance: [email protected] ------------------------------------------------------------ Chapters: (0:00) 200 villas sell out in two hours (1:24) Saying yes to Dubai (3:11) How fast Dubai really moves (6:07) Tall poppy syndrome vs Dubai ambition (9:00) Leaving Realmark for White Fox (10:50) Five year goals done in two (14:04) Parenting five kids and running businesses (17:17) Perth market now vs 2017 (19:44) Pricing honestly with sellers (23:27) Sub-sale buyers and the 12 month outlook (27:34) What to look for in an investment (30:58) What success and pride mean (36:14) Building White Fox with David Murray ------------------------------------------------------------ Produced by Podwave Studios: https://www.podwavestudios.au #ThatBackyardPropertyPodcast #PropertyPodcast #PerthProperty #PerthRealEstate #PropertyInvesting #WhiteFox #DubaiRealEstate #RealEstateAgent #PropertyMarket #OffPlan

Book a consult with Michael: https://calendly.com/d/cwrg-969-cjc One of Perth's biggest builders has around 100 homes sitting idle waiting on bricks, not money, while developers who borrowed at 8% six months ago are now being quoted 11 to 12%. In this solo mini, Michael Killiner explains why a squeeze on both materials and finance is shaping Perth's supply, rents and build times for years, not months. Michael unpacks Midland Brick's allocation system, the state government's $4 million plan to reopen Austral's Cardup plant, and how private credit funds suspending redemptions is pushing developer funding costs up. He then walks through what it means for people building, buying off-the-plan, investing in new builds and renting. 🔔 Subscribe and leave a comment with your questions. We build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: • Why Midland Brick is rationing bricks and what the $4 million Cardup reopening will (and won't) fix • How private credit funds pulling back is pushing developer loans to 11 to 12% • Why Perth rents stay high while unit approvals fall • What a three-month build delay can cost, and the buffer to set aside • Questions to ask your builder, plus checks for off-the-plan buyers, investors and renters ------------------------------------------------------------ Subscribe: https://youtube.com/@ThatBackyardPropertyPodcast Instagram: https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag== Website: https://tuskfinance.com.au Connect with Michael: Facebook: https://facebook.com/tuskfinancemk Instagram: https://instagram.com/mortgageswmichael LinkedIn: https://linkedin.com/in/michaelkilliner TikTok: https://tiktok.com/@backyardpropertypodcast Tusk Finance: [email protected] ------------------------------------------------------------ Chapters: (0:00) RBA hike and 100 homes waiting on bricks (1:45) One brick maker, now rationing (3:25) Private credit pulls back (5:20) Houses up, apartments down (6:45) What a three-month delay costs (7:25) Questions for your builder (8:00) Off-the-plan, investor and renter checks ------------------------------------------------------------ Produced by Podwave Studios: https://www.podwavestudios.au #ThatBackyardPropertyPodcast #PropertyPodcast #PerthProperty #PropertyInvesting #PerthRents #BuildingDelays #OffThePlan #ConstructionLoan #PrivateCredit #TuskFinance

Book a consult with Michael: https://calendly.com/d/cwrg-969-cjc One bank might lend you $600,000 while another lends $720,000 on the exact same finances, and that gap can decide which property you end up owning. In this episode, Michael sits down with Brett Foster, mortgage broker at MoneyQuest, to unpack how lending really works for investors, upgraders and first home buyers in the current Perth market. Brett and Michael work through a live strategy session on borrowing capacity, assessment rates, usable equity, debt recycling and why a sharp interest rate matters far less than securing the right asset. They then cover financing a renovation, selling to upgrade with subject to sale or bridging finance, and the schemes and sweet spots available to first home buyers in WA. To finish, they bust the biggest lending misconceptions, including the 20% deposit myth, the credit card trap and the professions that can borrow 90% with no lenders mortgage insurance. Essential listening for investors, upgraders and first home buyers who want to understand what banks actually look at before they say yes. 🔔 Subscribe and leave a comment with your questions. We build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: • Why getting the loan matters more than the rate. Whether you land at 6.5% or 6.8%, owning the asset is what determines investor success. • How the 3% APRA assessment buffer, living expenses, leases, HECS and credit cards shrink borrowing capacity, and why lenders can differ by $120,000 or more. • The difference between equity and usable equity, and how to release it as an interest only investment loan sitting in offset. • How debt recycling and master limit facilities work, plus how to use two unlinked banks for a self-employed borrower. • Upgrading in a slower market, with days on market stretching from about 10 to 26, and how subject to sale compares with bridging finance at roughly 7% to 9%. • First home buyer sweet spots in Perth at $600,000 and $850,000, and why every $10,000 of credit card limit can cost about $380 a month in repayments. ------------------------------------------------------------ Subscribe: https://youtube.com/@ThatBackyardPropertyPodcast Instagram: https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag== Website: https://tuskfinance.com.au Connect with Michael: Facebook: https://facebook.com/tuskfinancemk Instagram: https://instagram.com/mortgageswmichael LinkedIn: https://linkedin.com/in/michaelkilliner TikTok: https://tiktok.com/@backyardpropertypodcast Tusk Finance: [email protected] ------------------------------------------------------------ Chapters: (0:00) Cold open and welcome (1:00) Why investors should look beyond rates (4:00) The 3% assessment rate explained (7:00) Is a $700 a week investment worth it (11:00) Why valuations beat interest rates (12:00) Usable equity explained (18:00) Debt recycling and master limits (22:00) Upgraders, renovate or move (26:00) How to finance a renovation (30:00) Subject to sale versus bridging finance (37:00) First home buyer schemes (41:00) The $600,000 and $850,000 sweet spots (49:00) Biggest lending misconceptions (54:00) 90% lending with no LMI ------------------------------------------------------------ Produced by Podwave Studios: https://www.podwavestudios.au #PropertyPodcast #PerthProperty #PropertyInvesting #MortgageBroker #BorrowingCapacity #FirstHomeBuyer #DebtRecycling #HomeLoans #MoneyQuest

Book a consult with Michael: https://calendly.com/d/cwrg-969-cjc 97% of capital city suburbs lost value over the last three months, yet Perth's median house price is still up 17.7% on a year ago. Both are true, and reading the wrong one could cost buyers tens of thousands. In this mini, Michael Killiner explains where the market stood at the end of September and where he thinks it is heading. Michael unpacks how the correction has spread from Sydney and Melbourne to the cities that boomed hardest, why Cotality and REIWA can both be right about Perth, and why the bank's valuation is now the number buyers should fear most. 🔔 Subscribe and leave a comment with your questions -- we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: • National values fell 1.1% in September, the sixth fall in a row, and sit 5.2% below the March peak. Perth is down 6% from its April peak. • It is a buyers' strike, not a fire sale. Sales are down 19.1%, stock on market is up 23.1% and fewer than 1% of borrowers are in negative equity. • REIWA's 17.7% annual median shows where Perth has been, while Cotality's monthly index shows where it is heading. • A 7% fall tips an $800,000 home with a $600,000 loan over 80% loan to value, which means mortgage insurance and a higher rate. • A $600,000 Perth unit at a 5.2% yield earns about $31,000 in rent, roughly the interest on an 80% loan at 6.5%. ------------------------------------------------------------ Subscribe: https://youtube.com/@ThatBackyardPropertyPodcast Instagram: https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag== Website: https://tuskfinance.com.au Connect with Michael: Facebook: https://facebook.com/tuskfinancemk Instagram: https://instagram.com/mortgageswmichael LinkedIn: https://linkedin.com/in/michaelkilliner TikTok: https://tiktok.com/@backyardpropertypodcast Tusk Finance: [email protected] ------------------------------------------------------------ Chapters: (0:00) Rate rise and the 97% stat (1:00) September numbers by city (3:00) A buyers' strike, not a fire sale (5:00) Why REIWA and Cotality disagree (6:00) Perth supply, rents and jobs (8:00) Where the market goes from here (9:00) Why bank valuations matter now (11:00) Tips for buyers, sellers and investors (14:00) What to watch next ------------------------------------------------------------ Produced by Podwave Studios: https://www.podwavestudios.au #ThatBackyardPropertyPodcast #PropertyPodcast #PerthProperty #PropertyMarket #PropertyInvesting #HousePrices #InterestRates #Mortgages #TuskFinance #Cotality #REIWA

Book a consult with Michael: https://calendly.com/d/cwrg-969-cjc Last week, Perth agent Shane Beaumont had four appraisals come in below what the owners paid, a first for him. In this episode, Michael Killiner sits down with Shane, Director at Haiven Property, to ask whether investors who bought in the last four years should sell, hold or ride it out. Shane unpacks why he expects Perth to keep softening over the next 18 months, how he measures buyer sentiment at home opens, and how he talks sellers through falling prices. He also covers buyer agents, first home buyers waiting on the sidelines and why this cycle is different to the mining booms. To finish, Shane opens up about parenting, building a sustainable career and what he is most proud of. Essential listening for Perth owners, investors and first home buyers who want to understand what is really happening on the ground. 🔔 Subscribe and leave a comment with your questions. We build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: • Why Shane believes the next 18 months will be tough, and why Perth is still a great place to hold if you can ride it out. • The question for investors who bought in the last four years. If you have no mortgage, why would you sell, and when does getting out make sense? • Why almost no Perth property is positively geared once land tax, rates and mortgage costs are counted, with average yields around 3.9%. • How Shane measures sentiment, from home open numbers to how buyers react when they miss out, and why it started shifting in February. • How to talk to sellers who bought at the peak, and why digging into motivation matters more than chasing a price. • The "would I buy it again" test, and why a bad investment should be a 24 month problem, not a 15 year one. • Why first home buyers are pulling back, and why Shane likes established land with a house as a way in. ------------------------------------------------------------ Subscribe: https://youtube.com/@ThatBackyardPropertyPodcast Instagram: https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag== Website: https://tuskfinance.com.au Connect with Michael: Facebook: https://facebook.com/tuskfinancemk Instagram: https://instagram.com/mortgageswmichael LinkedIn: https://linkedin.com/in/michaelkilliner TikTok: https://tiktok.com/@backyardpropertypodcast Tusk Finance: [email protected] ------------------------------------------------------------ Chapters: (0:00) Why the next 18 months will be tough (1:00) Bought in the last four years, sell or hold (4:00) Appraisals now coming in under purchase price (5:00) Why no Perth property is positively geared (7:00) What buyers feel and how to measure it (11:00) Talking sellers through falling prices (15:00) Would you buy it again (16:00) Buyer agents and the end of the rush (21:00) Why first home buyers are waiting (23:00) Buy land, treat your first home as an investment (25:00) Rent or buy, the Baldivis example (28:00) What is different about this cycle (30:00) Parenting and being present ------------------------------------------------------------ Produced by Podwave Studios: https://www.podwavestudios.au #ThatBackyardPropertyPodcast #PropertyPodcast #PerthProperty #PerthPropertyMarket #PropertyInvesting #PropertyMarket #FirstHomeBuyer #RealEstate #HaivenProperty #PropertyAdvice

Book a consult with Michael: https://calendly.com/d/cwrg-969-cjc The Reserve Bank has not decided yet, but the market odds of a Melbourne Cup Day hike just jumped from 27% to 41%. In this mini episode, Michael Killiner reads the bond market before the RBA speaks and gives his call on whether rates rise again on 3 November. Michael explains how bond yields set your fixed rate, why the US 10-year above 5% matters here, what soft jobs data and a Deputy Governor warning really mean, and why youth unemployment is the hidden cost of a cooling market. Essential listening for borrowers and investors who want to understand where their rate is heading next. 🔔 Subscribe and leave a comment with your questions -- we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: • Fixed rates follow the bond market, not the cash rate. If investors sell and a $100 bond drops to $95, its yield jumps from 5% to around 5.3%, and banks fund fixed loans off those longer term yields. • The US 10-year yield went above 5%, its highest since 2017, and Australia's sits around 5.25%. Sticky inflation, heavy government borrowing and higher oil prices are the drivers. • Markets calmed after soft jobs data, then the RBA pushed back. Deputy Governor Andrew Hauser said inflation looks materially worse than forecast in August, lifting the odds of a Cup Day hike to 41%. • Unemployment rose to 4.7%, but full-time jobs rose 34,000 while part-time jobs fell 73,000. Youth unemployment is 11.1%, and it can cut first year earnings by around 8%. • Michael's call has changed. A November hike is now close to a coin flip, which would take the cash rate to 4.85%, with cuts unlikely before late 2027. • Someone borrowing $600K at a 3% buffer could borrow about $657K at a lender using 2%, and new investors lose the tax relief that softens rate rises, so stress test on the pre-tax cost. ------------------------------------------------------------ Subscribe: https://youtube.com/@ThatBackyardPropertyPodcast Instagram: https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag== Website: https://tuskfinance.com.au Connect with Michael: Facebook: https://facebook.com/tuskfinancemk Instagram: https://instagram.com/mortgageswmichael LinkedIn: https://linkedin.com/in/michaelkilliner TikTok: https://tiktok.com/@backyardpropertypodcast Tusk Finance: [email protected] ------------------------------------------------------------ Chapters: (0:00) Cup Day hike odds and four takeaways (1:57) Bond yields explained simply (3:37) Why US yields move your fixed rate (5:12) Markets calm, then the RBA pushes back (6:46) Unemployment hits 4.7% (8:00) Youth unemployment by region (9:06) The long scar of youth unemployment (10:18) Michael's November rate call (12:02) Borrowing power and lender buffers (13:26) Why new investors feel hikes harder (14:50) Fixed or variable right now (15:40) Four step plan before 3 November ------------------------------------------------------------ Produced by Podwave Studios: https://www.podwavestudios.au #ThatBackyardPropertyPodcast #PropertyPodcast #RBA #InterestRates #CashRate #BondMarket #NegativeGearing #PropertyInvesting #MortgageBroker #TuskFinance

Book a consult with Michael: https://calendly.com/d/cwrg-969-cjc Most people waiting to buy at the bottom never get into the market at all. In this episode, Michael sits down with Ravi Sharma, founder of Search Property buyer's agency and host of the Personal Finance with Ravi Sharma YouTube channel, who amassed 13 properties before he turned 28. Ravi opens up on how becoming a dad has made him a more defensive investor, why he started banking cash 18 months ago in case the market turned, and why he believes buyer's agents have just had their dot-com moment. He also shares where he's buying right now, why he would be buying in Perth if Victoria didn't look so good, and why the budget changes absolutely have not killed rentvesting. To finish, Ravi explains the three things every investor should think about before buying, how he and his wife manage money as a couple, and what he's most proud of personally and professionally. 🔔 Subscribe and leave a comment with your questions -- we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: • Waiting for the bottom rarely works. Buyers who hold off during FOMO and then wait for confirmation of the bottom often end up paying more than if they had bought on the first dip, or never buy at all. • Think in decades, not months. Predicting where prices sit in six months is hard, but over 10 years property is priced in a dollar that will be worth less, which is why the buyers with capacity today are often the ones who later wish they had bought more. • Don't confuse national headlines with your market. Ravi's recent Geelong purchase is worth more now than when he bought it, despite the budget changes. Victoria is attracting most of his clients' buying, and he says he would be buying in Perth if Victoria didn't look so good. • Rentvesting is not dead. Tax benefits like negative gearing were always a by-product, not the reason to buy. Most well-located properties turn positive within about five years, and the hard part of owning is not the deposit but making 30 years of repayments without a plan B. • Buyer's agents have had their dot-com moment. Ravi expects most to leave the industry within 12 months, with a handful of national players and some boutique agencies surviving, as good operators double down on systems, processes and value. ------------------------------------------------------------ Subscribe: https://youtube.com/@ThatBackyardPropertyPodcast⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag==⁠⁠⁠⁠ Website: ⁠⁠⁠⁠https://tuskfinance.com.au⁠⁠⁠⁠ Connect with Michael: Facebook: ⁠⁠⁠⁠https://facebook.com/tuskfinancemk⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠https://instagram.com/mortgageswmichael⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠https://linkedin.com/in/michaelkilliner⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠https://tiktok.com/@backyardpropertypodcast⁠⁠⁠⁠ Tusk Finance: ⁠⁠⁠⁠[email protected]⁠⁠⁠ ------------------------------------------------------------ Chapters: (0:00) Introduction: Meet Ravi Sharma (1:18) How Becoming a Dad Changed Ravi's Investment Strategy (4:19) Will We Regret This Moment? Why Waiting for the Bottom Fails (7:31) Building Buyer Confidence Without the Hard Sell (9:29) Banking Cash Early & Where Ravi Is Buying Now? (13:40) Gut Feel vs Data & Building a Team You Trust (17:02) Business, Family & How Ravi Manages Money as a Couple (20:36) The Seminar That Started It All (24:41) Why Ravi Is Finally Buying His Dream Home (26:37) Has the Budget Killed Rentvesting? (31:05) Buyer's Agents Just Had Their Dot-Com Moment (35:01) 3 Things to Think About Before You Invest ------------------------------------------------------------ Produced by Podwave Studios: ⁠⁠⁠⁠https://www.podwavestudios.au⁠⁠ #PropertyInvesting #RaviSharma #BuyersAgent #Rentvesting #PerthProperty #AustralianProperty #PropertyMarket #RealEstateAustralia #ThatBackyardPropertyPodcast

Perth home values are down 3.2% from their April peak, but still up 15.6% on a year ago. In this mini episode, Michael Killiner breaks down how existing owners should decide whether to keep, sell or restructure: the marginal buyer question, how to sell well in a market with more stock, and the loan levers that often matter more than your rate, from resetting your loan term and checking your valuation to interest-only expiries, cross-securitised loans, the loyalty tax and whether to fix now. 🔔 Subscribe and leave a comment with your questions -- we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: - - - - - ------------------------------------------------------------ Subscribe: ⁠https://youtube.com/@ThatBackyardPropertyPodcast⁠ Instagram: ⁠https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag==⁠ Website: ⁠https://tuskfinance.com.au⁠ Connect with Michael: Facebook: ⁠https://facebook.com/tuskfinancemk⁠ Instagram: ⁠https://instagram.com/mortgageswmichael⁠ LinkedIn: ⁠https://linkedin.com/in/michaelkilliner⁠ TikTok: ⁠https://tiktok.com/@backyardpropertypodcast⁠ Tusk Finance: ⁠[email protected]⁠ ------------------------------------------------------------ Chapters: (0:00) Intro: Perth Values Down 3.2% From the Peak (1:03) Why Existing Owners Face the Bigger Decisions (2:07) The Marginal Buyer Question: Who Buys Your Property? (3:14) Soft Quarter vs Bad Asset: The Short-Term Trap (3:48) Thinking of Selling? How to Avoid Costly Mistakes (4:45) Your Loan Term: The $264 a Month Win (5:27) Valuations, Interest-Only Expiry & Cross-Securitised Loans (6:45) The Loyalty Tax & Should You Fix Now? (7:53) Releasing Equity: More Options Than Selling (8:24) Key Takeaways: Keep, Sell or Restructure ------------------------------------------------------------ Produced by Podwave Studios: ⁠https://www.podwavestudios.au⁠ #PerthProperty #PerthRealEstate #HomeLoan #Mortgage #InterestRates #Refinance #LoyaltyTax #PropertyInvesting #AustralianProperty #WARealEstate #OffsetAccount #InterestOnly #Equity #MortgageBroker #PropertyMarket #RBA #HomeOwners #ThatBackyardPropertyPodcast #PropertyPodcast #MichaelKilliner

Days on market in Perth have blown out from 8 days to 21, and sellers are still pricing like it is last year. In this episode, Michael Killiner sits down with Rowen Powell, Director of Verve Buyers Agency, to ask where the Perth market really sits right now and whether we will look back and wish we had bought more property. Rowen unpacks over 7,000 listings, why a 3.7% pullback needs context after 15.6% growth, what makes a compromise asset, and why buyers are holding out for scarcity and forever homes. They also dig into the gap between appraisals and what buyers will pay, the risk of leaning on computer valuations, and what actually wins an offer in Perth today. To finish, Rowen shares where he thinks the market lands in 6 and 12 months, and Michael looks at hold costs and whether forced selling could appear next year. Essential listening for buyers, sellers and investors who want to understand how to make calm, calculated decisions in a wait and see market. 🔔 Subscribe and leave a comment with your questions -- we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: - Why spring has not delivered the usual spike, with more than 7,000 listings and townhouses, apartments and outer fringe stock leading the increase. - How to read a 3.7% drop since April when the previous 12 months delivered 15.6% growth, and why a wet winter and post-budget mood skew the numbers. - What a compromise asset looks like, from busy roads and poor orientation to school zones and redevelopment risk, and why buyers now want a forever home. - The valuation gap, where a $1 million appraisal becomes a $950,000 sale, and why that $50,000 tax-free difference keeps sellers on the hill. - Why you should get more than one recent appraisal, and how computer valuations and bridging loans can leave sellers stuck. - What wins offers now, including clean contracts, flexible settlements and rent backs, plus the traps of buying off market. - Why the wrong house at a discount is still the wrong house, and how to stress test repayments and your offset buffer before you buy. ------------------------------------------------------------ Subscribe: https://youtube.com/@ThatBackyardPropertyPodcast Instagram: https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag== Website: https://tuskfinance.com.au Connect with Michael: Facebook: https://facebook.com/tuskfinancemk Instagram: https://instagram.com/mortgageswmichael LinkedIn: https://linkedin.com/in/michaelkilliner TikTok: https://tiktok.com/@backyardpropertypodcast Tusk Finance: [email protected] ------------------------------------------------------------ Chapters: (0:00) Will we wish we bought more property (1:30) 7,000 listings and a wait and see market (3:05) Replacement cost and the market floor (4:30) A 3.7% drop after 15.6% growth (5:50) What a compromise asset looks like (8:00) Baldivis, Ocean Reef and a tiered market (12:00) The $50,000 tax-free valuation gap (14:20) Computer valuations and bridging risk (16:15) What wins offers in Perth now (19:15) The off market trap (20:55) Where the market sits in 6 and 12 months (22:40) Rates, hold costs and forced selling (24:45) Longer home opens and days on market ------------------------------------------------------------ Produced by Podwave Studios: https://www.podwavestudios.au #ThatBackyardPropertyPodcast #PropertyPodcast #PerthProperty #PropertyInvesting #BuyersAgent #VerveBuyersAgency #PerthRealEstate #PropertyMarket #HomeBuyers #TuskFinance

A median priced Perth investment house now costs around $750 a week to hold, and from 1 July 2027 you can no longer use that loss to cut the tax on your salary. In this mini episode, Michael Killiner works through what the budget really means for anyone thinking about buying their first investment property. Michael runs the numbers on a $980,000 Perth house, from the interest bill to the rent coming in, then asks the question that matters most. What else could that money be doing for you? He covers the traps new investors fall into, why high yield is often high for a reason, and why rentvesting is now in the firing line. To finish, he walks through five alternatives to buying an established investment property and who should still buy one. Essential listening for first time investors and rentvestors who want to understand the true cost of holding property after the budget. 🔔 Subscribe and leave a comment with your questions -- we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: - The budget did not kill property investing, but it raised the bar. From 1 July 2027, losses on established investment properties bought after budget night on 12 May can no longer reduce the tax on your salary. New builds are exempt, and the 50% capital gains discount is being replaced with inflation indexation. - On a median priced Perth house of $980,000, with a $1,029,000 interest only loan, the cash shortfall is about $39,500 a year, or around $750 a week, after rent, rates, insurance, management and repairs. - If markets are right about two more rate rises, add roughly another $100 a week to that shortfall. Build a buffer that survives either way. - Over 10 years, funding that shortfall costs about $353,000. The same money in your home loan offset at around 6.25% would be worth about $477,000, so the property needs to grow roughly 4.7% a year for 10 years just to win. - Chasing yield can backfire. If only another investor would buy from you, walk away. If a young family, a professional couple or a downsizer would compete for it, you have depth. - Rentvesting is harder to justify now. A first home grows free of capital gains tax, can use the 5% deposit scheme and takes rent risk off the table. - Five alternatives to weigh up first are your home loan or offset, super, shares and ETFs, borrowing against your home to invest in shares, and upgrading your own home. ------------------------------------------------------------ Subscribe: https://youtube.com/@ThatBackyardPropertyPodcast Instagram: https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag== Website: https://tuskfinance.com.au Connect with Michael: Facebook: https://facebook.com/tuskfinancemk Instagram: https://instagram.com/mortgageswmichael LinkedIn: https://linkedin.com/in/michaelkilliner TikTok: https://tiktok.com/@backyardpropertypodcast Tusk Finance: [email protected] ------------------------------------------------------------ Chapters: (0:00) Welcome and four key points (0:50) The $750 a week holding cost (1:40) What the budget changed (2:30) Investor loans fall, interest only rises (3:10) The numbers on a median Perth house (4:55) Stress testing another rate rise (5:10) Offset account vs investment property (6:15) The high yield trap (7:10) The owner occupier test (7:40) Why rentvesting is under pressure (8:20) Five alternatives to property (9:20) Who should still buy (9:55) The key takeaways ------------------------------------------------------------ Produced by Podwave Studios: https://www.podwavestudios.au #ThatBackyardPropertyPodcast #PropertyPodcast #PropertyInvesting #NegativeGearing #FederalBudget #PerthProperty #InvestmentProperty #Rentvesting #InterestRates #TuskFinance

Treasury says the budget's tax changes will add just $2 a week to rents. The property industry says something completely different. In this episode, Michael Killiner sits down with Bree Ridge-Singh, Director of Property Management at Ray White Dalkeith, Claremont and Fremantle, to cut through the media noise and explain what's really happening on the ground in Perth's rental market. With over a decade in the industry, Bree unpacks why the market is turning, why investors have largely stepped back since the budget, where renters and new migrants are actually ending up, and the Airbnb shift that's quietly tightening supply. She also shares exactly what she looks for in an investment property, how she thinks about rent rises and keeping good tenants, and her honest read on where the next 12 months are heading. Essential listening for builders, buyers, and investors who want to understand what's really happening in the WA property market. 🔔 Subscribe and leave a comment with your questions -- we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: • The media's doom narrative is overblown for Perth. Values are easing (down roughly 3% from the April peak), but the dramatic falls seen over east are not rippling through Perth at the same levels. Finding local, on-the-ground operators is how you cut through the noise. • Investor activity has largely dried up since the May budget. Bree is seeing almost no new landlords buying in; instead, mum-and-dad owners are holding and converting existing homes to rentals rather than selling into a soft market. • Rentals now have to be near perfect to lease. With tenants cautious, properties need aircon, security and inclusions like pool servicing or a gardener, and pricing right matters more than ever as vacancies tick up and home-open numbers fall. • The script has flipped on where investors buy. Perth owners are increasingly using their equity to buy interstate (Melbourne, Hobart, Darwin) for yield and affordability, pulling demand out of the local investment market. ------------------------------------------------------------ Subscribe: ⁠⁠⁠https://youtube.com/@ThatBackyardPropertyPodcast⁠⁠⁠ Instagram: ⁠⁠⁠https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag==⁠⁠⁠ Website: ⁠⁠⁠https://tuskfinance.com.au⁠⁠⁠ Connect with Michael: Facebook: ⁠⁠⁠https://facebook.com/tuskfinancemk⁠⁠⁠ Instagram: ⁠⁠⁠https://instagram.com/mortgageswmichael⁠⁠⁠ LinkedIn: ⁠⁠⁠https://linkedin.com/in/michaelkilliner⁠⁠⁠ TikTok: ⁠⁠⁠https://tiktok.com/@backyardpropertypodcast⁠⁠⁠ Tusk Finance: ⁠⁠⁠[email protected]⁠⁠⁠ ------------------------------------------------------------ Chapters: (0:00) Introduction & Why the Rental Market Is Turning (1:26) Cutting Through the Media Noise: Perth vs the Eastern States (2:40) What's Changed Since the Budget: Why Buyers Are Sitting on Their Hands (4:42) Where Have All the New Landlords Gone? (5:22) Rising Vacancies & Why Rentals Now Have to Be Perfect (7:59) The Script Has Flipped: Perth Investors Buying Over East (9:07) Where Are Renters & Migrants Really Living? The Airbnb Effect (11:18) Educating Clients: Media Hype vs What's Really Happening (13:08) What to Look For in a Perth Investment Property (15:54) Rent Rises & Tenant Retention: When Chasing More Backfires (18:09) The 12-Month Outlook & the Rate-Rise Roundabout (23:16) Taking Over Fremantle, Leading a Team & What Bree's Most Proud Of ------------------------------------------------------------ Produced by Podwave Studios: ⁠⁠⁠https://www.podwavestudios.au⁠⁠ #PerthProperty #PerthRentalMarket #PropertyManagement #PerthRealEstate #RayWhite #PropertyInvesting #RentalMarket #WARealEstate #ThatBackyardPropertyPodcast #PropertyPodcast

First home buyers have never had more help: a 5% deposit scheme with no income test, no stamp duty in WA up to $600K, and the investors who used to outbid you stepping back after the budget. But it's all arriving in a falling market. In this mini episode, Michael breaks down the one question to ask before any scheme, runs the real rent versus buy numbers on a Perth villa, and gives his honest take on whether to buy now or wait. 🔔 Subscribe and leave a comment with your questions -- we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: • First home buyers have never had more support: the 5% deposit scheme has no income test, no cap on places and no LMI, and WA first home buyers pay no stamp duty up to $600K. The catch is that it's all landing in a falling market. • The asset matters more than the scheme. Before looking at any grant, ask who buys this property from you when you sell. Owner-occupier appeal drives long-term value, so aim for a home the next family would compete for. • In a real Perth example (a $600K villa), owning costs roughly $238 a week more than renting in year one. But Perth's higher rents relative to prices make that gap far smaller than in Sydney, which is a real advantage for local buyers. • Perth's median house price (around $980K in the June quarter) now sits above the scheme's $850K cap, so the scheme tends to nudge buyers toward units, townhouses or outer suburbs, exactly where asset quality matters most. • A 5% deposit in a falling market is risky. If values drop 3%, most of your paper equity is gone. That's fine if you hold, but a problem if you sell. • Don't try to time the RBA. Buy on the asset and your budget, not the rate call, and always keep a buffer on the other side of settlement. Perth listings have passed 7,000 for the first time in over three years, meaning more choice and more room to negotiate. ------------------------------------------------------------ Subscribe: ⁠⁠⁠⁠https://youtube.com/@ThatBackyardPropertyPodcast⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag==⁠⁠⁠⁠ Website: ⁠⁠⁠⁠https://tuskfinance.com.au⁠⁠⁠⁠ Connect with Michael: Facebook: ⁠⁠⁠⁠https://facebook.com/tuskfinancemk⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠https://instagram.com/mortgageswmichael⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠https://linkedin.com/in/michaelkilliner⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠https://tiktok.com/@backyardpropertypodcast⁠⁠⁠⁠ Tusk Finance: ⁠⁠⁠⁠[email protected]⁠⁠⁠⁠ ------------------------------------------------------------ Chapters: (0:00) 4 Things First Home Buyers Need to Know (1:19) Why First Home Buyers Have Never Had More Help (2:00) The Catch: Buying Into a Falling Market (2:40) The One Question to Ask Before Any Scheme (3:32) A Real Perth Example: What Owning Actually Costs (4:24) Rent vs Buy & the Perth Twist (6:00) The Perth Problem: When the Median Beats the Cap (6:56) Every Scheme & Grant on the Table Right Now (8:31) The Mistakes First Home Buyers Make Most (9:36) Buy Now or Wait? Michael's Honest Take ------------------------------------------------------------ Produced by Podwave Studios: ⁠⁠⁠⁠https://www.podwavestudios.au⁠⁠⁠⁠ #FirstHomeBuyer #FirstHomeBuyers #PerthProperty #RentVsBuy #PropertyPodcast #ThatBackyardPropertyPodcast #WARealEstate #HomeLoan #Mortgage #PerthRealEstate #FirstHomeOwnersGrant #StampDuty #PropertyInvesting #AustralianProperty #DepositScheme #HomeBuyingTips #MortgageBroker #PerthHousing #BuyNowOrWait #WAProperty

The RBA just lifted the cash rate to 4.6%, the fourth rise this year, and it did it five days after the job numbers came in soft. In this mini episode, Michael breaks down why the RBA hiked into a cooling labour market, why inflation still won't budge, and what an extra $380 a month really means for a Perth household with a mortgage. 🔔 Subscribe and leave a comment with your questions -- we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: • The RBA lifted the cash rate to 4.6% — the fourth rise this year and the highest level since 2011 — a full percentage point higher than where the year started, nine months ago. • Unemployment has risen to 4.6% (its highest since 2021), but this hit the RBA's own end of-year forecast early. The hike is the plan arriving ahead of schedule, not the jobs market breaking it. Notably, nearly all new jobs were part-time while full-time roles fell. • Inflation is stuck at 3.6%, above the 2–3% target, for four reasons: an economy running near capacity, flat productivity, Middle East fuel costs flowing into everyday prices, and booming AI-related demand pushing up global tech prices. • Government spending sits at roughly $830 billion (over a quarter of the economy), driven largely by an ageing population and rising NDIS, health, aged care and debt-interest costs. Bullock's framing: public or private, it all adds to demand. • With around four in five Australian home loans on variable rates, hikes reach household budgets within about three months, which is why rate rises cool the economy so fast. A Perth couple with a $600K loan is now paying roughly $380 more per month than in January. • APRA data shows borrowers are coping — arrears are lower than a year ago and about $340 billion sits in offsets — but interest-only lending is at its highest share since 2019. Three key data dates land before the RBA's 3 November meeting. ------------------------------------------------------------ Subscribe: ⁠⁠⁠https://youtube.com/@ThatBackyardPropertyPodcast⁠⁠⁠ Instagram: ⁠⁠⁠https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag==⁠⁠⁠ Website: ⁠⁠⁠https://tuskfinance.com.au⁠⁠⁠ Connect with Michael: Facebook: ⁠⁠⁠https://facebook.com/tuskfinancemk⁠⁠⁠ Instagram: ⁠⁠⁠https://instagram.com/mortgageswmichael⁠⁠⁠ LinkedIn: ⁠⁠⁠https://linkedin.com/in/michaelkilliner⁠⁠⁠ TikTok: ⁠⁠⁠https://tiktok.com/@backyardpropertypodcast⁠⁠⁠ Tusk Finance: ⁠⁠⁠[email protected]⁠⁠⁠ ------------------------------------------------------------ Chapters: (0:00) 4 Things to Know About the RBA's Latest Rate Rise (1:17) What Happened & the Timing Behind the Hike (3:15) Are More Rate Rises Coming? What Bullock Really Said (3:49) Why Inflation Won't Budge: The 4 Key Reasons (5:07) Government Spending & Australia's Ageing Population (6:25) The Household Budget Analogy Explained (7:43) Public vs Private & How Australia Compares Globally (9:09) What It Means for a Perth Couple with a $600K Loan (10:20) Variable Rates & How Borrowers Are Coping (APRA Data) (12:36) Bond Yields, 3 Dates to Watch & What to Do Now ------------------------------------------------------------ Produced by Podwave Studios: ⁠⁠⁠https://www.podwavestudios.au⁠⁠⁠

Michael Killiner sits down with Michael McGowan, Executive Director of Housing Industry Association of WA, for one of the most in-depth conversations we've had on what's really driving Perth's housing crisis. With 50,000 to 60,000 new residents arriving in WA every year and only around 20,000 homes being completed, the supply gap is real, structural, and widening. Michael McGowan unpacks the full picture: land supply constraints, the skilled trades shortage, the COVID HomeBuilder grant legacy, and why changes to CGT and negative gearing have drained investor confidence at exactly the wrong time. They also dig into WA's R Codes reform, what R20 upzoning means for property owners and investors across Perth's middle ring, and why stamp duty remains one of the biggest hidden barriers to housing mobility in Australia. Essential listening for builders, buyers, and investors who want to understand what's really happening in the WA property market. 🔔 Subscribe and leave a comment with your questions -- we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 ------------------------------------------------------------ In this episode: • Perth is receiving 50,000–60,000 new residents per year but only completing around 20,000 homes annually. The supply gap is structural and severe. • WA's skilled labour shortage is acute: only 4,500 of 9,000 annual construction apprentices are in building trades. Skilled migration from South East Asia, Europe, the UK and South Africa is now critical. • Changes to CGT and negative gearing have damaged investor confidence and constrained rental supply at exactly the wrong time. HIA WA advocates for reversal. • WA's R Codes reform will upzone R20 land across Perth's 5–20km ring, opening up areas like Vic Park, Mount Lawley and Belmont for density. • Stamp duty is one of the biggest barriers to housing mobility, particularly for older Australians wanting to downsize. • Building a home in WA carries approximately 35% in fees and charges. Modular construction (currently 5–8% of WA volume) and GST reform on new builds are two underutilised levers for affordability. ------------------------------------------------------------ Subscribe: ⁠⁠https://youtube.com/@ThatBackyardPropertyPodcast⁠⁠ Instagram: ⁠⁠https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag==⁠⁠ Website: ⁠⁠https://tuskfinance.com.au⁠⁠ Connect with Michael: Facebook: ⁠⁠https://facebook.com/tuskfinancemk⁠⁠ Instagram: ⁠⁠https://instagram.com/mortgageswmichael⁠⁠ LinkedIn: ⁠⁠https://linkedin.com/in/michaelkilliner⁠⁠ TikTok: ⁠⁠https://tiktok.com/@backyardpropertypodcast⁠⁠ Tusk Finance: ⁠⁠[email protected]⁠⁠ ------------------------------------------------------------ Chapters: (0:00) Introduction & Episode Overview (1:37) Perth's Housing Crisis (3:50) Land Supply & Growth Corridors (5:57) Skilled Trades Shortage (7:40) Is the Australian Dream Changing? (11:24) CGT & Negative Gearing (15:32) Replacement Value & Medium Density (17:34) Modular Construction (22:02) COVID HomeBuilder Grant (27:42) R Codes Reform (31:30) Stamp Duty & Housing Mobility (35:25) Data Insights & What's Next ------------------------------------------------------------ Produced by Podwave Studios: ⁠⁠https://www.podwavestudios.au⁠⁠ #PerthProperty #WARealEstate #PerthHousing #HousingCrisis #HousingSupply #HIAwa #WAproperty

Every major Australian property crash, from the 1890s to the early 1990s, had one thing in common, and it wasn't too many houses. In this mini episode, Michael unpacks why credit is the real engine behind property prices, and how you can watch it playing out in the market right now. 🔔 Subscribe and leave a comment with your questions -- we build episodes around what YOU want to know. General advice only and not personal advice. CRN 485467 -------------------------------------------------- In this episode: What the 18.6 year property cycle is and why land and credit sit at its core Why nobody can give you the exact year of the next crash The 1890s bust, when parts of Melbourne and Sydney fell more than 50% How the early 1990s repeated the same credit-fuelled story What the RBA's own research says about property busts Why prices dipped in the GFC but rose in the early 90s recession The credit squeeze behind today's falling prices How oil, bond yields and AI spending are keeping rates higher for longer The one signal to watch instead of the price headlines -------------------------------------------------- Subscribe: ⁠⁠⁠https://youtube.com/@ThatBackyardPropertyPodcast⁠⁠⁠ Instagram: ⁠⁠⁠https://instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag==⁠⁠⁠ Website: ⁠⁠⁠https://tuskfinance.com.au⁠⁠⁠ Connect with Michael: Facebook: ⁠⁠⁠https://facebook.com/tuskfinancemk⁠⁠⁠ Instagram: ⁠⁠⁠https://instagram.com/mortgageswmichael⁠⁠⁠ LinkedIn: ⁠⁠⁠https://linkedin.com/in/michaelkilliner⁠⁠⁠ TikTok: ⁠⁠⁠https://tiktok.com/@backyardpropertypodcast⁠⁠⁠ Tusk Finance: ⁠⁠⁠[email protected]⁠⁠ -------------------------------------------------- Chapters: (00:00) Welcome to the mini episode (00:20) The one thing every crash has in common (01:10) The 18.6 year property cycle (02:10) A lens, not a crystal ball (02:35) Australia's major property crashes (02:50) The 1890s: the worst bust of all (03:10) The early 1990s: same story, a century later (03:25) What the RBA found (03:50) GFC vs the early 90s recession (04:40) Credit squeeze: prices falling right now (05:20) Why the squeeze isn't lifting (06:25) Stamp duty takes a 20% hit in NSW (07:05) The honest view: the system is holding up (07:45) What to watch instead of price headlines (08:40) How much can you actually borrow? -------------------------------------------------- Produced by Podwave Studios: https://www.podwavestudios.au #AustralianProperty #PropertyMarket #PropertyCycle #HousingMarket #Credit #InterestRates #RBA #PropertyCrash #HousePrices #PropertyInvesting #MortgageBroker #FirstHomeBuyer #RealEstateAustralia #SydneyProperty #MelbourneProperty #StampDuty #BorrowingPower #PropertyPodcast #TuskFinance #BackyardPropertyPodcast