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Speaker 1: Selling Houses Australia is back for its seventeenth season. Ladie

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Speaker 1: and I are very excited. We are big partakers in

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Speaker 1: real estate porn. Andrea Winter is joining us now, good morning.

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Speaker 2: Andrew, good morning, because I mean I'm a porn actual there.

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Speaker 3: You are, yeh yeah, real estate porn.

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Speaker 1: Of course, we love it. We love to just.

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Speaker 2: Draw from a far Thank goodness you do, because otherwise

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Speaker 2: I wouldn't still be hereafter.

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Speaker 4: Eighteen seventeen seasons. Andrews first, congratulations on the long jeurney man, Yes,

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Speaker 4: thank you.

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Speaker 2: You do know there was the UK version that I

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Speaker 2: did for about five years before it, so.

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Speaker 3: Yes, add to the state of part of my life now.

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Speaker 1: Yeah, yeah, yeah, Well where do you where do you

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Speaker 1: see trends heading at the moment with selling houses, with

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Speaker 1: renovating and so on.

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Speaker 2: Oh look, you know it's really interesting because that the

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Speaker 2: last of five years that the COVID thing had a

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Speaker 2: massive impact on everywhere, including wa huge impact.

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Speaker 3: Yeah.

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Speaker 2: And then of course our building costs and supply materials

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Speaker 2: and all that rocketed. That now supply materials DEPPI has

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Speaker 2: calmed down. That's good, but building costs is still phenomenally

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Speaker 2: high and for most developers across Australia, including WA trying

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Speaker 2: to develop affordable or smaller homes and smaller units and

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Speaker 2: smaller townhouses is very difficult because not profit in it

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Speaker 2: at all, which means the supply of the entry level

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Speaker 2: first em buy a stock is minimal, which is why

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Speaker 2: fueling our market demand time supply is low, which is

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Speaker 2: not adding to that stop levels in in sectives that

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Speaker 2: we need We.

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Speaker 1: Need to rethink the way we you know, do these things.

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Speaker 2: Yes, partly, I mean there's some great things going on

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Speaker 2: for a lot of people in a lot of states

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Speaker 2: where you can now don't have to put down that

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Speaker 2: dreaded twenty or ten percent deposit. Youngsters can get in

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Speaker 2: with with five percent or a little bit less with

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Speaker 2: a state and government help, which to me is fantastic.

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Speaker 2: Interest rates are coming down a little bit very gradually.

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Speaker 2: Wages are good. Employment's good, I mean, you know, and

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Speaker 2: there is let's be honest, people will tell me off

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Speaker 2: of this, but apart from maybe prime bits of Sydney

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Speaker 2: and well actually not Melbourne anymore, that's super chip and

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Speaker 2: prime bits are perfor affordability is out there. The four

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Speaker 2: hundred thousand, five hundred might not You're not going to

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Speaker 2: get your dream home anymore. You're not going to get

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Speaker 2: your three bedroom house with a big backyard.

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Speaker 3: It's going to be a unit or a townhouse.

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Speaker 1: You know, That's what That's what I mean. Do we

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Speaker 1: maybe need to address what our expectations of you know?

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Speaker 1: And also you might not get your first place where

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Speaker 1: exactly where you want it absolutely.

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Speaker 2: I mean you know, obviously both of you live in

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Speaker 2: huge mansions or Peppermint Grove, I would presume, so you

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Speaker 2: probably can't remember the days of struggling, but it's still

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Speaker 2: out there for a lot of people.

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Speaker 4: Unless it's got one in Mosman Park as well.

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Speaker 3: So I forgot that one. Yes, I forgot that actually

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Speaker 3: yes the time.

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Speaker 4: Anyway, she's a squad Radio way Jed Andrew. I mean

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Speaker 4: the houses prices in Perth are ridiculously we would have

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Speaker 4: seen the Perth market and it has settled a bit

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Speaker 4: in some markets, but it is crazy those terms that

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Speaker 4: people were at five p fifty and now eight hundred

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Speaker 4: and it just goes up and goes up. But it's

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Speaker 4: also gotten to a point where people trying to downsize

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Speaker 4: with a big old house it's really not worth them

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Speaker 4: doing it. In a lot of cases they want to

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Speaker 4: get something newer and smaller.

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Speaker 2: Yeah, and that's very tricky, and that comes back to

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Speaker 2: my thing is that the problem is that for buildings

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Speaker 2: and developers, the only profits at the moment are in

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Speaker 2: the larger houses, luxury apartments, all.

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Speaker 3: That type of thing, because the figure stack up.

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Speaker 2: But when they're at a very the more affordable set

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Speaker 2: to the market isn't adding up. So something has to

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Speaker 2: be done. And for once we can't blame the developers.

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Speaker 1: Well, Andrew, it's called selling houses. What is your absolute

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Speaker 1: top tip for anyone preparing to sell their house when

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Speaker 1: it comes to, you know, the ascetic to things that

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Speaker 1: they can do something with.

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Speaker 2: Look, my biggest tips always has never ever changed, and

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Speaker 2: that is if you have a friend or family member

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Speaker 2: or relatives that you genuinely value their opinion. Now, this

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Speaker 2: has got to be somebody that hasn't got bad tastes you,

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Speaker 2: They've got breatherly good taste you and them just just

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Speaker 2: go outside onto the street, even if you've got a

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Speaker 2: unit or a townhouse, SI look at the complex and

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Speaker 2: come into your property from just as a bar wood

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Speaker 2: on the first open and have a look around and

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Speaker 2: let them get and let them go. Well, you know

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Speaker 2: that mirror on the bedroom ceiling that you always thought

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Speaker 2: was a great idea, maybe isn't. Well I'm thinking of

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Speaker 2: your places again, isn't such a good idea?

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Speaker 1: You know?

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Speaker 2: Or look at what's that damp patch on this feeling?

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Speaker 3: Yes, get it repairs.

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Speaker 4: I'm glad.

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Speaker 3: It's all going overview.

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Speaker 4: Yeah, fair enough, fair enough, you're upping you still up

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Speaker 4: in Queensland? Ma, did you have to deal with cycle

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Speaker 4: on Elford?

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Speaker 3: Yes? I did.

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Speaker 2: We live less than one hundred meters from the well. Sorry,

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Speaker 2: there was a beach.

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Speaker 3: Cliff.

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Speaker 4: Yeah, they're bizarre.

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Speaker 2: I mean I was hoping we're about three houses back.

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Speaker 2: I was hoping we'd lose a couple of them to

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Speaker 2: increase the value of my own home.

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Speaker 3: Sadly that didn't happen.

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Speaker 4: Yeah, but it is weird to say, those beaches that

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Speaker 4: have just ate the way people you just fall off

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Speaker 4: the age like a cliff.

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Speaker 3: It is. It's so interesting because we tend to forget

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Speaker 3: all parts of Australia.

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Speaker 2: You know, as soon as this happened here on the golcast,

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Speaker 2: then that comes the footage of it happening in the

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Speaker 2: seventies and the sixties.

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Speaker 3: Of course it's all happened. It's all nothing's new, is it.

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Speaker 3: Let's be honest. I'm looking forward to it, has it?

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Speaker 1: Yes, Yeah, I'm looking for an episode one tonight because

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Speaker 1: you're dealing with the house with a seventies circular floor plan.

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Speaker 1: And I mean I grew up in a seventies house,

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Speaker 1: a lot of orange, a lot of chocolate brown brick,

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Speaker 1: and it's always dear to my heart to see how

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Speaker 1: you deal with the old seventies, the odd seventies.

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Speaker 3: Can I get out? Well?

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Speaker 2: Can I just say that this is one design era

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Speaker 2: that was such a you seventies and eighties homes were

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Speaker 2: always such a negative for buyers in re up until

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Speaker 2: fairly recently, but now especially the sort of twenty and

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Speaker 2: thirty somethings.

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Speaker 5: Yeah quite the almost yeah yeah, they have an affection

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Speaker 5: back to childhood and growing up unhappy time.

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Speaker 2: And you know we're embracing the terra cotta and the browns.

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Speaker 3: And is all coming back. Dead's building today. He doesn't

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Speaker 3: want a sunken landry clinker brick.

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Speaker 1: Actually, actually I do like a sunken happen Yeah.

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Speaker 4: Man, you'll have I have buyers walking with their orange

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Speaker 4: red stubba body shirts, you know, red stubber collar ones.

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Speaker 4: This girl here.

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Speaker 3: I just wish we could all remember the seventies. I

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Speaker 3: mean way too.

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Speaker 1: Yeah, yeah, yeah, it's all back tonight eight thirty Foxtail

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Speaker 1: and streaming on Binge. Andrew, thanks for joining us this morning.

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Speaker 3: Thank you. I hope you enjoyed the season.

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Speaker 1: Thank you, thank you.

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Speaker 3: Bye.