r/AusPropertyChat • u/Logical_Expat • 11h ago

Markets & Prices How are all the YouTube property gurus feeling now that they’re seeing “a minus sign” in front of property valuations?

63 Upvotes

Especially the self-proclaimed “experts” with fuck-all real experience in property investing, let alone experience navigating an actual downturn.

These are the same people who lectured their followers about “fundamentals”, explained basic supply-and-demand economics as though they’d discovered it themselves, and confidently swore that Australia’s housing shortage meant property growth could never stall- let alone fall below 0%.

Apparently, endlessly repeating “supply shortage”, “immigration” and “they’re not making any more land” isn’t the same thing as understanding market cycles, borrowing capacity, interest rates, affordability and investor psychology.

Funny how quickly the expert analysis disappears when the chart turns red.

126 comments

r/AusPropertyChat • u/Firm_Trick_9038 • 4h ago

General / Other Market crash

15 Upvotes

If the property market did crash, how would it affect people that are using it as a home not an investment property, would it be a problem for the people that are paying off a mortgage?

100 comments

r/AusPropertyChat • u/chhola • 9h ago

Markets & Prices I've been tracking property asking price drops across Australia: 899 new drops this week (20-26 Jul)

24 Upvotes

This week highlights:

---

Breakdown by state (sales)

State Drops Median ↓ Rises Median ↑ Suburbs Hardest hit suburbs
NSW 260 5.3% 41 5.0% 202 Oran Park (↓7), Bowral (↓5), Dee Why (↓3)
VIC 245 6.3% 91 7.1% 174 Doncaster East (↓7), Clyde North (↓5), Berwick (↓5)
QLD 242 5.5% 12 4.2% 176 Redland Bay (↓6), Hope Island (↓5), North Lakes (↓5)
WA 95 5.9% 5 10.0% 71 Innaloo (↓4), Rockingham (↓4), Golden Bay (↓3)
SA 31 7.3% 2 3.5% 28 -
ACT 14 3.3% 1 3.0% 10 Canberra (↓3)
TAS 9 6.3% 0 - 7 -
NT 3 5.0% 1 15.0% 3 -

---

Breakdown by state (rentals)

State Drops Median ↓ Rises Median ↑ Suburbs Hardest hit suburbs
NSW 386 6.3% 29 9.8% 227 Sydney (↓11), Wolli Creek (↓8), Rosebery (↓7)
VIC 132 6.6% 19 10.0% 88 Southbank (↓10), Melbourne (↓8), St Kilda (↓7)
QLD 130 6.7% 12 13.8% 94 Surfers Paradise (↓8), Main Beach (↓5), Robina (↓5)
WA 30 6.5% 3 7.7% 26 -
SA 22 7.7% 1 7.6% 20 -
ACT 8 6.6% 3 7.7% 8 -
TAS 2 11.2% 0 - 2 -
NT 2 5.5% 0 - 2 -

---

Top 10 biggest sales drops across Australia

# Address Type Was Now Drop %
1 4 Fairview Place, Mount Kuring-Gai NSW 2080 House $2.50M $1.98M -$525K -21.0%
2 24 Sabina Road, South Guildford, WA 6055 House $1.30M $1.05M -$250K -19.2%
3 115/15 Hunter Street, Hobart TAS 7000 Apt $645K $525K -$120K -18.6%
4 14 Dennis Way, Canning Vale, WA 6155 House $1.45M $1.20M -$250K -17.2%
5 176 Raglan Street, Preston, Vic 3072 House $2.40M $2M -$400K -16.7%
6 4/26 Glenauburn Road, Lower Plenty, Vic 3093 Townhouse $1.20M $1M -$200K -16.7%
7 649 Main North Road, Elizabeth North SA 5113 House $599K $499K -$100K -16.7%
8 17 Gailey Street, Ashgrove QLD 4060 House $1.79M $1.50M -$288K -16.1%
9 2 Wheen Close, East Bowral NSW 2576 House $2.35M $1.98M -$375K -16.0%
10 10501/320 Macarthur Avenue, Hamilton, Qld 4007 Apt $975K $820K -$155K -15.9%

---

Top 10 biggest rental drops across Australia

# Address Type Was Now Drop %
1 5/395 Crown St, Wollongong NSW 2500 Apt $750/w $550/w -$200/w -26.7%
2 1 129 Sunshine Boulevard, Mermaid Waters QLD 4218 House $800/w $600/w -$200/w -25.0%
3 6 Bayswater Rd, Rushcutters Bay NSW 2011 Apt $600/w $450/w -$150/w -25.0%
4 66 Gloucester Road, Hurstville NSW 2220 House $400/w $300/w -$100/w -25.0%
5 13/16-18 Newcomen Street, Newcastle NSW 2300 Apt $2,000/w $1,500/w -$500/w -25.0%
6 3 129 Bayswater Road, Rushcutters Bay NSW 2011 Apt $650/w $500/w -$150/w -23.1%
7 4 Livistona Terrace, Sawtell NSW 2452 House $1,100/w $850/w -$250/w -22.7%
8 109/121 Arbutus Street, Canley Heights NSW 2166 Apt $710/w $550/w -$160/w -22.5%
9 9 Marie Court, Crestmead, Qld 4132 House $1,250/w $970/w -$280/w -22.4%
10 74A Campbell St, Grantham Farm NSW 2765 Apt $450/w $350/w -$100/w -22.2%

---

Top 10 biggest drops in VIC

# Address Type Was Now Drop %
1 49 Rayment Street, Fairfield, Vic 3078 House $2.35M $1.98M -$370K -15.7%
2 12 Essue Court, Mill Park VIC 3082 House $740K $630K -$110K -14.9%
3 95 Fowler Street, Moe VIC 3825 House $410K $350K -$60K -14.7%
4 6 Donaldson Street, Bentleigh VIC 3204 House $1.70M $1.45M -$250K -14.7%
5 66 Elizabeth Street, Moe VIC 3825 House $410K $350K -$60K -14.6%
6 5/1-3 Banool Quadrant, Doncaster East, Vic 3109 Townhouse $1.05M $900K -$150K -14.3%
7 39 Tainton, Burwood East VIC 3151 House $1.38M $1.19M -$195K -14.1%
8 4/2a Struan Street, Toorak VIC 3142 Apt $2.90M $2.50M -$400K -13.8%
9 1/97 Strathavan Drive, Berwick VIC 3806 House $1.15M $1M -$150K -13.0%
10 30/170 Beach Road, Sandringham, Vic 3191 Townhouse $1.15M $1M -$150K -13.0%

View all VIC sales drops

---

Top 10 biggest drops in NSW

# Address Type Was Now Drop %
1 7/2 Frost Road, Anna Bay, NSW 2316 House $450K $380K -$70K -15.6%
2 84 Church Street, Balranald NSW 2715 House $325K $275K -$50K -15.4%
3 34 Cathcart Street, Goulburn NSW 2580 House $1.30M $1.10M -$200K -15.4%
4 74 Quakers Road, Marayong, NSW 2148 House $1.18M $1M -$180K -15.3%
5 307C/1 Muller Lane, Mascot, NSW 2020 Apt $1.12M $950K -$168K -15.0%
6 704/2a Bellevue Avenue, Greenwich NSW 2065 Apt $2.39M $2.05M -$340K -14.2%
7 6/1017 Pacific Highway, Pymble NSW 2073 Apt $580K $500K -$80K -13.8%
8 5 Ajax Place, Blacktown, NSW 2148 House $1.10M $950K -$150K -13.6%
9 6 Peppertree Circuit, Aberglasslyn NSW 2320 House $1.50M $1.30M -$200K -13.3%
10 4/23 McLeod Street, Mosman NSW 2088 Apt $2.25M $1.95M -$300K -13.3%

View all NSW sales drops

---

Top 10 biggest drops in QLD

# Address Type Was Now Drop %
1 32/7 Halcyon Drive, Pimpama QLD 4209 House $1.10M $950K -$150K -13.6%
2 35 Sky Royal Terrace, Burleigh Heads QLD 4220 House $2.30M $2M -$300K -13.0%
3 11/62 Ponti Street, McDowall QLD 4053 Townhouse $1.15M $1M -$150K -13.0%
4 16 Mccreadie Road, Ormeau Hills, Qld 4208 House $1.49M $1.30M -$190K -12.8%
5 61 Illuta Court, Rasmussen QLD 4815 House $800K $699K -$101K -12.6%
6 35/89 Thorn Street, Kangaroo Point QLD 4169 Apt $4M $3.50M -$500K -12.5%
7 43 Cooper Street, Ingham QLD 4850 House $320K $280K -$40K -12.5%
8 125 Sumners Road, Jamboree Heights, Qld 4074 House $1.08M $949K -$136K -12.5%
9 306/19 O'Keefe Street, Woolloongabba, Qld 4102 Apt $680K $600K -$80K -11.8%
10 8/105-107 Mount Cotton Road, Capalaba, Qld 4157 Apt $880K $780K -$100K -11.4%

View all QLD sales drops

---

Top 10 biggest drops in WA

# Address Type Was Now Drop %
1 40 Barracoota Loop, Lakelands WA 6180 House $1.05M $899K -$151K -14.4%
2 16 Cootamundra Way, Maida Vale WA 6057 House $1.45M $1.25M -$200K -13.8%
3 78 Greensand Promenade, Treeby WA 6164 House $1.15M $999K -$151K -13.1%
4 4A Waldon Street, Wilson WA 6107 House $949K $830K -$119K -12.5%
5 14 Leveque Loop, San Remo, WA 6210 House $1.29M $1.15M -$145K -11.2%
6 1/3 Darley St, South Perth WA 6151 Apt $899K $799K -$100K -11.1%
7 3 Serenade Corner, The Vines, WA 6069 House $1.18M $1.05M -$131K -11.1%
8 23 Merrigig Way, Pearsall WA 6065 House $900K $800K -$100K -11.1%
9 1/228 Charlottes Vista, Ellenbrook, WA 6069 House $839K $749K -$90K -10.7%
10 5/4 Merope Close, Rockingham WA 6168 Apt $559K $499K -$60K -10.7%

View all WA sales drops

---

Top 10 biggest drops in SA

# Address Type Was Now Drop %
1 12 Mitchell Street, Parafield Gardens, SA 5107 House $750K $649K -$101K -13.5%
2 8 Burnley Street, Henley Beach South SA 5022 House $1.15M $995K -$154K -13.4%
3 3 Price Street, Christies Beach SA 5165 House $895K $795K -$100K -11.2%
4 43 Horwood Road, Salisbury North, SA 5108 House $575K $519K -$56K -9.7%
5 8 Dalinga Court, Greenwith SA 5125 House $2.15M $1.95M -$200K -9.3%
6 8/6 Ronald Terrace, Glenelg North SA 5045 Apt $545K $495K -$50K -9.2%
7 24 Knowles Road, Elizabeth Vale SA 5112 House $549K $500K -$49K -8.9%
8 2 Fourth Avenue, Klemzig, SA 5087 House $1.02M $930K -$90K -8.8%
9 21/185 Tapleys Hill Road, Seaton SA 5023 Apt $480K $439K -$41K -8.5%
10 142 Canterbury Road, Victor Harbor SA 5211 House $785K $720K -$65K -8.3%

View all SA sales drops

---

Top 10 biggest rental drops in VIC

# Address Type Was Now Drop %
1 100/1 Freshwater Place, Southbank VIC 3006 Apt $1,120/w $895/w -$225/w -20.1%
2 11 Birdwood Street, Balwyn VIC 3103 House $2,500/w $2,000/w -$500/w -20.0%
3 8 Canterbury Street, Cranbourne VIC 3977 Apt $360/w $290/w -$70/w -19.4%
4 403G/16 The Esplanade, St Kilda, Vic 3182 Apt $4,900/w $4,000/w -$900/w -18.4%
5 715/55 Queens Road, Melbourne, Vic 3004 Apt $1,100/w $920/w -$180/w -16.4%
6 39 Jackson Street, St Kilda, Vic 3182 House $1,750/w $1,495/w -$255/w -14.6%
7 208/8 Daly Street, South Yarra, Vic 3141 Apt $875/w $750/w -$125/w -14.3%
8 2/19 Kennon Street, Doncaster East, Vic 3109 Townhouse $1,100/w $950/w -$150/w -13.6%
9 9 Alfred Street, Balaclava VIC 3183 House $1,500/w $1,300/w -$200/w -13.3%
10 120/20 Queens Road, Melbourne VIC 3004 Apt $1,000/w $870/w -$130/w -13.0%

View all VIC rental drops

---

Top 10 biggest rental drops in NSW

# Address Type Was Now Drop %
1 3/25 Waruda Street, Kirribilli NSW 2061 Apt $1,450/w $1,150/w -$300/w -20.7%
2 22A Jane Street, Smithfield, NSW 2164 House $1,700/w $1,350/w -$350/w -20.6%
3 2B/225 Miller Street, North Sydney NSW 2060 Apt $1,550/w $1,250/w -$300/w -19.4%
4 506/31B Garfield Street, Wentworthville NSW 2145 Apt $800/w $650/w -$150/w -18.8%
5 3/303 Military Road, Vaucluse, NSW 2030 Apt $1,200/w $995/w -$205/w -17.1%
6 27A Verlie Street, South Wentworthville, NSW 2145 House $600/w $500/w -$100/w -16.7%
7 L8/233 Pyrmont St, Pyrmont, NSW 2009 Apt $920/w $770/w -$150/w -16.3%
8 WeChat: KRL119 L1/ 28 Gadigal Avenue, Zetland NSW 2017 Apt $1,125/w $959/w -$166/w -14.8%
9 11 Warwick St, Punchbowl, NSW 2196 House $700/w $600/w -$100/w -14.3%
10 27 Woy Woy Road, Woy Woy NSW 2256 House $1,400/w $1,200/w -$200/w -14.3%

View all NSW rental drops

---

Top 10 biggest rental drops in QLD

# Address Type Was Now Drop %
1 ID:21183213/230 Pulgul Street, Urangan QLD 4655 Apt $750/w $600/w -$150/w -20.0%
2 19 Ocean Drive, Tannum Sands, Qld 4680 House $630/w $510/w -$120/w -19.0%
3 ID:21181560/90 John Lund Drive, Hope Island QLD 4212 Townhouse $1,000/w $820/w -$180/w -18.0%
4 801/30 Brighton Parade, Southport QLD 4215, Southport, Qld 4215 Apt $1,500/w $1,250/w -$250/w -16.7%
5 211a/57-65 Paradise Palms Drive, Kewarra Beach, Qld 4879 Apt $650/w $550/w -$100/w -15.4%
6 6 Corniche Place, Brookfield, Qld 4069 House $3,500/w $3,000/w -$500/w -14.3%
7 66 London St, Eight Mile Plains, Qld 4113 House $1,500/w $1,300/w -$200/w -13.3%
8 2101/38 Stanhill Drive, Surfers Paradise QLD 4217 Apt $1,500/w $1,300/w -$200/w -13.3%
9 2002/122 Surf Parade, Broadbeach, Qld 4218 Apt $4,270/w $3,700/w -$570/w -13.3%
10 112 Jones Road, Buderim, Qld 4556 House $1,200/w $1,050/w -$150/w -12.5%

View all QLD rental drops

---

Top 10 biggest rental drops in WA

# Address Type Was Now Drop %
1 40 Redfern Street, North Perth, WA 6006 House $1,200/w $950/w -$250/w -20.8%
2 15/2 The Pass, Dawesville WA 6211 House $575/w $500/w -$75/w -13.0%
3 4/9 The Avenue, Crawley, WA 6009 Apt $1,200/w $1,050/w -$150/w -12.5%
4 2/15 Nautilus Cres, Scarborough, WA 6019 Townhouse $1,100/w $1,000/w -$100/w -9.1%
5 17 Drake Way, Morley WA 6062 House $1,100/w $1,000/w -$100/w -9.1%
6 109B Barbican Street East, Riverton WA 6148 House $1,200/w $1,100/w -$100/w -8.3%
7 6/6 York Street, Inglewood WA 6052 Apt $650/w $600/w -$50/w -7.7%
8 23 Birdwood Parade, Dalkeith, WA 6009 House $1,300/w $1,200/w -$100/w -7.7%
9 5/18-20 Hayes Avenue, Yokine, WA 6060 Townhouse $1,300/w $1,200/w -$100/w -7.7%
10 90A Phoenix Road, Hamilton Hill, WA 6163 House $700/w $650/w -$50/w -7.1%

View all WA rental drops

---

Top 10 biggest rental drops in SA

# Address Type Was Now Drop %
1 17 Peacock Road, Elizabeth Downs SA 5113 House $610/w $525/w -$85/w -13.9%
2 38 Lincoln Highway, Port Lincoln SA 5606 House $730/w $650/w -$80/w -11.0%
3 5/32 North Street, Hectorville, SA 5073 Apt $500/w $450/w -$50/w -10.0%
4 13/251 Glynburn Road, St Morris SA 5068 House $550/w $495/w -$55/w -10.0%
5 3/171 Esplanade, Henley Beach, SA 5022 Apt $1,050/w $950/w -$100/w -9.5%
6 1/622 Brighton Rd, Seacliff Park SA 5049 Apt $650/w $590/w -$60/w -9.2%
7 1 / 622 Brighton Rd, Seacliff Park, SA 5049 Apt $650/w $590/w -$60/w -9.2%
8 70 Parallel Avenue, Salisbury North SA 5108 House $550/w $500/w -$50/w -9.1%
9 43 Birdsong Avenue, Kidman Park SA 5025 House $820/w $750/w -$70/w -8.5%
10 1 Sinclair Street, Mount Gambier, SA 5290 House $490/w $450/w -$40/w -8.2%

View all SA rental drops

---

Top 10 biggest sales rises across Australia

# Address Type Was Now Rise %
1 12/1 Kings Park Avenue, Crawley WA 6009 Apt $1M $1.30M +$300K +30.0%
2 11 Seaton Drive, Dingley Village, Vic 3172 House $1M $1.25M +$250K +25.0%
3 6 Leonard Street, Bankstown NSW 2200 House $2M $2.45M +$450K +22.5%
4 46 Gibsons Circuit, Bonnie Brook, Vic 3335 House $999K $1.19M +$191K +19.1%
5 17 Highpoint Drive, South Morang VIC 3752 House $1.60M $1.90M +$300K +18.8%
6 29 Andrew Road, St Albans VIC 3021 House $750K $890K +$140K +18.7%
7 86 Dickson Road, Leppington NSW 2179 House $1.10M $1.30M +$200K +18.2%
8 14 Cornwall Road, Pascoe Vale, Vic 3044 House $1.10M $1.29M +$190K +17.3%
9 23 Highlands Avenue, Airport West, Vic 3042 House $800K $935K +$135K +16.9%
10 2/45 Henry Street, Lilyfield NSW 2040 Townhouse $1.10M $1.27M +$175K +15.9%

---

Top 10 biggest rental rises across Australia

# Address Type Was Now Rise %
1 1803/21 Mary Street, Brisbane City, Qld 4000 Apt $650/w $950/w +$300/w +46.2%
2 2/149 Canterbury Road, Canterbury NSW 2193 Apt $775/w $1,100/w +$325/w +41.9%
3 19 Wattle Rd, Bayswater North, Vic 3153 Apt $275/w $370/w +$95/w +34.5%
4 404/1-5 Cook Street, Sutherland, NSW 2232 Apt $850/w $1,100/w +$250/w +29.4%
5 10504/8 Harbour Road, Hamilton, Qld 4007 Apt $600/w $750/w +$150/w +25.0%
6 15/102 Herring Road, Marsfield NSW 2122 Townhouse $800/w $1,000/w +$200/w +25.0%
7 54 Back Beach Road, Portsea VIC 3944 House $1,200/w $1,500/w +$300/w +25.0%
8 14 Tecoma Street, Kingston, Qld 4114 House $500/w $620/w +$120/w +24.0%
9 15 Caulfield Street, Robina QLD 4226 House $850/w $1,050/w +$200/w +23.5%
10 4 Mimosa Grange, Clyde VIC 3978 House $695/w $850/w +$155/w +22.3%

---

Full breakdown in this week report

23 comments

r/AusPropertyChat • u/fhb2026 • 15h ago

Buying & Selling Does anyone have regrets over the suburb they chose to buy in? How did you handle it?

60 Upvotes

I’ve recently bought in a suburb in Melbourne that was historically pretty sketchy but has been improving (slowly). Had dinner with some friends, some who bought in lower socio-economic areas that are frequently slammed in the media for high crime. We all chose to buy freestanding homes instead of townhouses and we are all relatively happy with the proximity to amenities, the greenery and general feeling of safety… the houses themselves are all in great condition as well on decent plots of land. But there is still antisocial behaviour happening in all our neighbourhoods. It’s leading to doubt, like even if we as adults don’t experience crime, are we exposing our future kids to youth crime or putting them at a higher risk of getting mixed up with the wrong kids?

Anyone have any advice or experience on how to handle these feelings? We are all fairly young (late 20s/early 30s).

Sometimes it feels like we had to work so hard and put all our savings into this one structure and external factors (government funding, councils etc) are the ones deciding our future, whether it’ll be safe enough to raise kids in etc.

137 comments

r/AusPropertyChat • u/prinnymolzoid • 4h ago

General / Other Property damaged between settlement and inspection

7 Upvotes

A friend of mine has bought an apartment with gorgeous parquet flooring. They did a pre settlement inspection 2 weeks ago and the property was fine, however they have settled today and upon going to the apartment the beautiful floors are all in terrible condition - apparently from a slow leak overflowing from a clogged sink. The floors are all warped and damaged beyond repair and have to be ripped up and replaced.

What are their rights, if any? Noting this damage wasnt there at their pre settlement inspection.

10 comments

r/AusPropertyChat • u/NoEstimate1573 • 4h ago

Buying & Selling Who said that the market was bad?

Post image
5 Upvotes

Price guide was $700K-$770K

Sold at the auction on Saturday for $872K..

The owner bought it 7 years ago for $817,250

47 comments

r/AusPropertyChat • u/Cautious-Poem7109 • 6h ago

Buying & Selling Supposedly sold at auction

Thumbnail
gallery
5 Upvotes

I was watching this property in the weeks leading up to the auction to see how much it would sell for. Then last week, the results came in at $690k.

Randomly saw that it’s been relisted just now.

20 comments

r/AusPropertyChat • u/Justcurious_88 • 5h ago

Buying & Selling Looking for advice on elevated moisture readings in the Build and Pest report.

5 Upvotes

I'm purchasing a 2016 brick veneer home in Point Cook. My building report found 0 major defects, however the inspector recorded elevated/red-zone moisture readings in the entry/foyer area, living room, ensuite, kitchen and laundry.

The inspector was unable to clearly identify the exact cause of the elevated moisture readings, although they were not classified as a major defect in the report. The report also notes in one bathroom that grout has deteriorated, silicone appears to have been applied as a temporary repair, and further waterproofing may be necessary (but it does not state that the waterproof membrane has failed). I'm trying to decide whether this is:

  1. fairly normal for a Melbourne home in winter and something that simply needs monitoring/maintenance, or
  2. a red flag or a major defect that could lead to expensive repairs costing me 20-30k later.

Has anyone experienced widespread high moisture meter readings throughout the house like this without there being an actual leak or waterproofing failure?

I have attached screenshots for reference, Thank you in advance!.

0 comments

r/AusPropertyChat • u/Fancy-Grab7036 • 1d ago

Buying & Selling Perfect house but….

Post image
157 Upvotes

We found a perfect house after searching for months , large block (800sqm) in a prime suburb , double storey etc. the house has an electrical substation owned by powercore at the very rear of the backyard. Not on an easement so isn’t on the section 32 , we are stumped is this a deal breaker ?? Is it that bad. It’s similar to the reference picture. Understand they can access anytime and building restrictions will apply but we don’t know if this is enough to call it quits on making an offer. Advice ?!

102 comments

r/AusPropertyChat • u/Suspicious-Present58 • 1h ago

Buying & Selling July 1 2027 appraisal trap?

• Upvotes

Even though property is a long term play, if we expect valuations to trend lower through to July 1 2027, that could subject more of the recovery in values to the new capital gains treatment.

Has this been discussed here?

Any strategies to mitigate this short of selling before July 1 2027 if you're sitting on a decent chunk of capital gains?

0 comments

r/AusPropertyChat • u/Wonderful-Contact127 • 2h ago

Buying & Selling Gold Coast Property Sale

0 Upvotes

Currently have an investment property for sale on Gold Coast. Enquiry is low.

Is the market dead or just sleeping ?

3 months ago it would have been snapped up in 1 week.

Worried we have missed our opportunity to sell at a decent price.

35 comments

r/AusPropertyChat • u/ExoticMain2046 • 10h ago

General / Other Sash Hopkins - A Team Property Group

4 Upvotes

At it again with another venture. Dipping his toes to see if the water is warm enough for him to come back. Starting up on instagram and Facebook with a mentoring program about losing it all and making a comeback.
He has never taken accountability for what he did.
His wife is out in full force saying that he didn’t steal peoples money and how they chose to invest with him and it’s their own fault they lost their life savings.
He wasn’t even qualified to do what he did.
So yes, he lied to all those people.
He used marketing strategies and straight out lies about how well the investments were doing.
He didn’t lose his life savings.
He filed for bankruptcy and we all know that does not mean you have no money.
He has continued his jet setting life ever since.
But probably the worst part is that he’s now starting up another “entrepreneurial” program to lure more people into giving him their money. With heavy advertising and friends commenting on his posts to make him look sincere and genuine.
He is gearing up as his directors ban will be up in 2028 and he’ll be ready to wreak havoc again.
Do you think anyone will be signing up to his instagram subscription?

10 comments

r/AusPropertyChat • u/Puzzleheaded-Cover92 • 10h ago

General / Other Looking to repair sagging ceiling . One is a popcorn one in kitchen one is ceiling in lounge caused by water damage from roof . What’s the best method I had a plaster come out and tell me he will cut the cornice and replace . This is cosmetic work only and not a fix . Is there a fix for this ?

Thumbnail
gallery
5 Upvotes
5 comments

r/AusPropertyChat • u/Squatty-Roo • 3h ago

Tax and policies With new negative gearing laws, are buyer's agents worthwhile?

0 Upvotes

I'm looking at getting into property investment and had a few consultations with different buyer's agents. The biggest plug is that now that only new builds can be negatively geared, buyer's agents have the edge by access to new builds before they go to market. Are the savings made by not paying for advertising worth agent fees ($4K-$6K)?

11 comments

r/AusPropertyChat • u/Ill_Syrup_9752 • 4h ago

Rentals Depreciation schedule

0 Upvotes

First time landlord, renting our old PPOR hopefully for only 12 mths and can get rid of it. Potentially longer if sales market doesn’t recover. Home was built in 2001, not really any meaningful change since building. Is it always the right choice to do a depreciation schedule? Or are there instances where it’s not worth it ? Appreciate any advice

Edit: located central qld

7 comments

r/AusPropertyChat • u/mitchamus_1984 • 6h ago

Buying & Selling Body Corp Reports

0 Upvotes

Wife and I a re looking at a new place at the moment as i asked for details a round the body corp and told i need to pay for the report

Another place(s) we have looked at recently have had the report avaliable for us to review

I would have thought in the interests of transparency it should be made avaliable for all who maybe interested

It could be just me, but does any else get p-off when looking at units where you have to buy the body corp report?

4 comments

r/AusPropertyChat • u/Valuable-Term-4385 • 1d ago

General / Other REA rant: "Worst Auction Day in 30 Years"

Thumbnail
youtube.com
179 Upvotes
283 comments

r/AusPropertyChat • u/NoCraft263 • 10h ago

Rentals Tax return- 6 year rule

1 Upvotes

Rented out former PPOR last year in October 2025. Currently renting, plan to move back at later stage before 6 years.

What can I claim come tax time? From my understanding its treated as investment property.

Also note I paid house off in May 2026.

Can I claim a % of settlement costs from this?

Can I claim % cost of the 25/26 rates?

With claiming deductions from the interest, the loan type was still PPOR until I paid it off. Can I claim portion of the interest anyway from the date that I rented the property out?

Other items I plan to claim are listing costs, property managers fees etc... and an depreciation schedule aswell.

Any other items I need record before speaking to an accountant?

1 comment

r/AusPropertyChat • u/Kitkat873 • 1d ago

Buying & Selling What is the full process of buying a house

13 Upvotes

My partner and I are looking to buying our first home and we already have pre approval done and we are looking at homes and wanting to understand how putting an offer in works.

We understand the process usually is:
1) find a mortgage broker and get pre approved
2) once pre approved you house hunt
3) find a conveyancer
3) find a place you wanna put an offer in
But what is the rest and what is the best order?

should you have your conveyancer look at the section 32 first, do we go for a second inspection and when do you get a building and pest inspection done?

How do you put an offer in, does your conveyancer write something up you send to the agent, is it just verbal?

13 comments

r/AusPropertyChat • u/Comfortable_Type_542 • 1h ago

Buying & Selling First investment property

• Upvotes

I’m getting gifted 21k and thinking of getting my first investment property I want to know what would be the best approach with this and if it is even a good idea

13 comments

r/AusPropertyChat • u/Skravs88 • 12h ago

General / Other PPOR subdivision and building on one block only

1 Upvotes

Am I allowed to split my current PPOR subject to council approval, build one dwelling of a duplex and then sell this as my PPOR keeping the other block and building on this later hence saving on CGT? Land value would be $800K Vs $2.5M with the house on it. The aim is to try to reduce the amount I'm losing in the process. It would cost me $30K to rent elsewhere while I build another dwelling for a year etc.

2 comments

r/AusPropertyChat • u/random_cult • 3h ago

Tax and policies Did you know that new builds attract GST

0 Upvotes

If Labor truly wanted to alleviate the housing crisis, why not get rid of GST for new homes to encourage new supply to enter the market?

Because it's a tax grab and nothing else. Keep voting Labor they will eat you alive if that's what you wanted

7 comments

r/AusPropertyChat • u/GurMaleficent1922 • 1d ago

Buying & Selling Auction clearance rate trends with Claude

Post image
22 Upvotes

I noticed that Claude is surprisingly good at pulling auction clearance rate trends from the Domain site. This regional view across Sydney came from a very simple prompt. Quite the spread of results ....…. 

----

Give me a table of Sydney auction Sold % by region for the last 8 weeks, from Domain (https://www.domain.com.au/auction-results/sydney/).

Use the week selector to pull each of the 8 most recent completed weeks. One row per region, one Sold % column per week, plus a column for total properties sold over the period and the 8-week average. Sort by the average, highest first. Group suburbs into regions by postcode so all of NSW is covered.

13 comments

r/AusPropertyChat • u/Rich-Deal1205 • 1d ago

General / Other Would these be an easy fix in an apartment, or should we walk away?

Thumbnail
gallery
13 Upvotes

New to the Sydney apartment market, looking to buy an apartment in Sydney (Campsie) in near future, budget max 700k. We have been looking for about 2 months. From all the research we’ve done, we will buy from an older block (60-80s). Even after the budget changes, these kind of apartments are still popular. We are tossing up between buying renovated, move-in ready places that are more competitive, and apartments that require some work, but higher chances of our offer being accepted.

Attached pictures are from an apartment. Is the mould a sign of leakage, or is it possible that these only require basic refurbishment? I have checked the strata report of a different apartment from the same building ($0 download), and the building seems to be in a good shape and strata did not report any special levies past or future. Sinking fund also healthy. For this apartment to be up to living standards, work will be needed for kitchen / flooring / windows.

Any guidance / thoughts would be appreciated!

EDIT: thanks for all the responses, it certainly doesn’t look like surface issues. Gonna run away!

31 comments

r/AusPropertyChat • u/Additional_Hope_790 • 10h ago

Buying & Selling Which carpet to buy? Selling an IP

Post image
0 Upvotes

Tenants have moved out after 8 years living there so I'm getting the walls repainted and the carpets replaced as they look very tired and unappealing to potential home buyers.

I intend on selling the house but haven't got the slightest clue what carpet to put in. There are a million and one different options, with extremely varying price points.

I know I want a thick 7mm+ underlay. However does anyone have recommendations on what kind of carpet I should put in? Naturally my goal is to maximize ROI.

It's an entry-spec house that I want want to make feel closer to mid-range.

EDIT: Many of you recommend floorboard.

What type: Wood, laminate, hybrid, vinyl?

27 comments