Brisbane Property Powers On

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Aussie Real Estate Podcast 10 min 2 speakers 8 chapters transcribed
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What insights does Haesley Cush provide about the Brisbane property market?

Unknown 0:02
It's the Real Estate Podcast, brought to you by Ray White, the largest real estate and property group in Australasia. And welcome to another episode of the Real Estate Podcast, available on iHeartRadio and also Spotify and Apple Podcasts or wherever you get your podcast from. It's another Monday. Yes, it's rolled around pretty quick, which means another weekend has come to an end. It's the second day for May for 2022. And yesterday, as part of Domain's report, we looked at the Brisbane numbers in the marketplace. And this morning we're going to be talking with somebody who's been calling auctions in Brisbane for a very long time. So we'll get his thoughts as to why the Brisbane market is bucking the capital city's slowdown.
Unknown 0:50
And then tomorrow we're going to have the third part to Domain's report, with Nicola Powell. It's the main centre forecast with propertybuyer.com.au. All right, let's have a look at weather around Australia. Firstly, for Sydney, expecting mainly dry conditions today, partly cloudy with a high of 23 degrees. Melbourne, cloudy also, but dry with 21. Brisbane, also mainly dry with some cloudy bits and 25 degrees.

How many auctions has Haesley called in the last year?

Unknown 1:21
And in Perth, expecting a mainly sunny day and a high of 24 degrees. We feature market updates, interviews and trends. It's your real estate podcast for breakfast. Well, last night was Boris Boom Boom Becker's second night in prison after Friday's hand-down decision of a two-and-a-half-year jail sentence. I guess the heavies, the muscles inside have already had that discussion of... payment for protection so I'm sure a windfall for a couple of inmates and how hard is that going to be for somebody like a Becker to adjust his complete life around jail no doubt a book is coming out sometime in 2023 and some good news this morning out of the Ukraine more civilians have been evacuated from the steelworks in Mariupol with at least another 100 people managing to get out
Unknown 2:15
And one woman describing the shelling by the Russians as something she thought would cause her heart to stop as the building shook, covering her in dust every time one of the bombs was dropped on the top of the Steelworks building. And, you know, we worry about meaningless and incoherential things in our life. Mariupol puts back the perspective. across every state, city and town of Australia. The Real Estate Podcast. Well, the election is getting closer by the day. Housing, of course, is one of the biggest issues any incoming or incumbent government is going to face in 2022. Is enough being done to address the problem of those trying to get into the market? Many are asking.

What factors are contributing to Brisbane's market growth?

Unknown 3:02
One of the hottest markets in the country as we know is Brisbane. We've talked a lot already about the stampede in growth from the Queensland capital. And joining us this morning is Haisley Cush, who works in the hottest market around the country. And he is very close to the action, having called more than 10,000 auctions. Good morning, Haisley. Good to have you on the Real Estate Podcast. Morning. Yes, great to be on the show. Thanks for having me. I guess if anybody sees it in real time, you do with the amount of auctions that you are doing. And I'm curious, over the last 12 months, how many auctions have you called? Must be a fair few.
Haesley Cush 3:45
Yeah, I was just doing the quick math on that. We've got four offices in the inner city of Brisbane, and we're probably doing anywhere between 30 and 50 a month. So what's that?

Why is Brisbane's property market bucking the national trend?

Haesley Cush 3:54
Three to 500 over the last 12 months, which is a really, interesting take right across the Brisbane market on what's been happening. And as you said at the start of the show, Brisbane really bucking the trend.
Unknown 4:06
Yeah, and it seems to be a bit of a mixed bag. We're having a lot of commentators saying that the market is slowing down, not as many active bidders, for example, in Sydney as there were. And then there are people like yourself who are saying it's business as usual. So What do you think is happening in Brisbane to be bucking the trend right now?
Haesley Cush 4:28
I think you've really got to look back over the 10-year trend line.

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