With Christmas just around the corner, data nerds Arjun Paliwal and Leigh Paliwal sit down to unpack what the latest lending stats tell us about the state of the Australian property market.
Arjun, founder of InvestorKit, and Leigh, director at Hills Finance, give us the low-down on lending, reflecting on the consecutive cash rate rises and the flow of data that comes with it.
Arjun visits the idea of what currently defines an undervalued property, before turning his attention to seven trends that are set to leave their mark on the market in 2023.
From financial assistance sugar rushes to consumer sentiment and job market activity good old-fashioned supply and demand, Arjun and Leigh impart their own wisdom to listeners in this must-hear end-of-year episode.
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Episode Highlights:
- Latest updates on finance [06:13]
- What’s happening on the lending indicators? [12:58]
- ABS data update for October 2022 [14:56]
- External refinancing update [23:01]
- Introduction to InvestorKit’s latest Whitepaper - 7 trends savvy investors don’t want you to know in 2023 [28:03]
- Trend 1: Australia’s property market is made up of many submarkets, each having its ups and downs [29:01]
- Trend 2: Historically, sharp declines in consumer sentiment always tend to recover quickly to the longer-term average [31:17]
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Trend 3: Governments’ financial assistance to property buyers can only boost property price growth [33:09]
- Trend 4: Job market activity has a significant correlation with property value growth [36:10]
- Trend 5: Immigration is expected to be stronger in the coming decade, resulting in increasing demand [40:17]
- Trend 6: Australia is experiencing a housing supply crunch that won't be resolved any time soon & Trend 7: With rental vacancy rates dropping to the lowest point in more than a decade, Australia's private rental market is on fire [44:37]
