Chapter 1: What is the main topic discussed in this episode?
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, also on Google and Apple Podcasts, or wherever you get your podcast from.
Well, coming up this morning, we have a very interesting look at some of Sydney's new hot suburbs, and we'll be talking to a couple right in the middle of a reno. First, though, we're getting a number of emails regarding what is the best way to follow the Real Estate Podcast for receiving your daily episodes.
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Chapter 2: What are the hottest new suburbs in Sydney?
And talking of podcasts, we have a lot of new podcast series coming up in the next week. few months. And if you're thinking about dipping your toe into the water of commercial property, perhaps you've got a portfolio of residential and you're thinking now might be the time to include some commercial assets into that portfolio.
Well, a reminder that this Thursday, Scott O'Neill is back with a new chapter to talk about with Let's Talk Commercial. Well if you're in Sydney and looking to buy and get into the market it will come as no surprise to you that you'll have to go well outside your desired suburb and as a result these suburbs are now becoming pretty popular.
And a new realestate.com.au report reveals 10 suburbs that are in demand from highly engaged buyers. And there are some unfamiliar names on the list, many of which were recording 100 times more online engagement from buyers than the national average. Now, Blaxland in the Blue Mountains topped the list of the 10 suburbs for online engagement. Wollongong proved an area on the rise.
Waverton on Sydney's North Shore was fifth, while Beacon Hill... Point Piper, Hunter's Hill and Farlight all made it into the top 10. And builder Callum Rogers from Olympus Building Services and his partner Michaela Johnson recently purchased a house in Beacon Hill. And we're going to say very good morning to them right now. Good morning. Morning Craig, how are we? Not too bad.
Nice to have you on the show. So tell me a little bit about what's happened here. You've been looking to buy. Is that kind of the way that it went Callum? You kind of went outside some of these areas and you found yourself the place to buy. Yeah, so we obviously, we started off just by saving hard and we ended up in a small townhouse in a suburb six minutes away called Cromer.
We started there about 10, 11 months ago and renovated that property. So we bought it and it was a bit under the weather to say the least. And we brought it back to its former glory by putting new bathrooms in, doing the floors, painting and changing doors, et cetera, building outdoor area.
with the profit we made from that house was able to get a freestanding house and now we're in the process of renovating this one over at beacon hill Yeah, so Beacon Hill. Now, has that surprised you in terms of just the movement on property prices and the interest in Beacon Hill? Oh, it's insane.
So at auction day, there was probably about 15 plus buyers that was looking to purchase the property. Yeah, it was just insane. It was a bit of a battle. We managed to get there in the end. But every property you go to around Beacon Hill, it's just stacked out with people wanting to get through the door. And your partner Kayla is there. Good morning, Michaela.
Tell me a little bit about this because you're probably going to have to keep a watchful eye because you guys are wanting to do a flip on the house. Yeah, it's been an interesting ride really. So when we got to this house, it obviously needed to be fully renovated and we've been living here throughout. So it's been a little bit challenging. We've had to be creative with the way that we live.
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