Craig (Host)

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2,633 appearances 53 recordings 1 series first heard Oct 2021 last heard 16 Jan

Craig (Host)’s voice in public audio — every appearance, attributed to the second.

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Aussie Real Estate Podcast · Commercial Residential Similarities · 22 Jun 2022 podcast

Yeah, great to have you back. voice-verified

Boy, two weeks goes by pretty fast and I know that this subject matter this morning is going to be right up your alley because what is interesting is that a lot of people, what they may not have factored into commercial property voice-verified

is the many similarities that commercial has with the residential market, meaning that there are plenty of factors which contribute to capital growth just the same as residential, and they include, I just want to go through a couple of these things, like good location, yes, voice-verified

Population growth, yes. voice-verified

Strategic renovation potential, yes. voice-verified

And then we get into things that we want to talk about this morning, like the scarcity factor. voice-verified

So let's ask that first off. voice-verified

And one of the other key things to consider is the tightening vacancy rate. voice-verified

So perhaps maybe just explain that a little to the listener, to somebody that might be thinking about commercial, what that means. voice-verified

One of the other things is gentrification. voice-verified

Now, of course, we use that term a lot in residential. voice-verified

It may be that a lot of people don't necessarily connect gentrification with the commercial property. voice-verified

So perhaps just talk to that. voice-verified

And is it fair to say that one of the big differences between residential and commercial property is that commercial has more of its growth attached to its rental income? voice-verified

All right. voice-verified

So quite a lot of information coming through with that. voice-verified

Now, perhaps just looking ahead to the next time that we talk, it's going to be a good discussion because we're looking at yields and you've got some case studies that we're going to talk about next time. voice-verified

All right. voice-verified

Until next time, have a great Thursday morning. voice-verified

Very good, Craig, and look forward to speaking with you. voice-verified

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