Tim Lawless

speaker
584 appearances 2 recordings 2 series first heard Jun 2026 last heard 8 Jul

Tim Lawless’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · Jul OctJan 26AprJulnow

Recordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 1.

Appearances

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Not desperate sellers, but just people wanting to sell for some reason.
That's exactly right.
So accumulating.
Demand, when you think about people's actually ability to buy, so demonstrated demand, we're now seeing transactional activity, so home sales, which I think is demonstrated demand.
What's that mean?
Well, it's turnover.
It's how many people are buying a home.
Right.
So the number of home sales month to month.
Right.
That's tracking about 10% lower than a year ago now.
So we've gone out of a market where demand was consistently rising to about October, November last year, it peaked and it started to fall.
And again, that probably comes down to affordability, inflation rising, the RBA becoming a bit more hawkish at the end of last year, and then more significantly rates rising and confidence falling.
So we do have clear evidence that demand is reducing, demonstrated demand, and supply is rising in terms of immediate supply.
That whole conversation around we're not building enough homes is still really important, but that has much more of a medium to long-term influence on the market rather than the immediacy of demonstrated demand and listing numbers.
Personally, I think there's probably better opportunities for capital gain outside of property.
Once we start to see yields rising and getting to a level like- Rents rising.
Well, rents rising and, of course, values are coming down, which means yields will improve.
Once that yield dynamic improves enough that opportunities for cash flow become more common, at least with, say, a 20% deposit-
I think that's where we'll start to see the investment fundamentals starting to stack up in property.
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