Discover Tasmania's Longest-Held Suburbs: Why Residents Stay Put - podcast episode cover

Discover Tasmania's Longest-Held Suburbs: Why Residents Stay Put

Sep 07, 202326 minEp. 165
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Episode description

If you are on the hunt for your dream Tasmanian abode, but finding yourself lost in a maze of location choices? Or perhaps you’re a savvy investor in pursuit of the golden opportunity but can’t find the perfect address to turn your financial dreams into reality?


Listen along as we navigate some of the best-kept secrets of Tassie and explore where people have moved in and refuse to move out–which might help you decide on your current property venture or your next long-term residency.

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The episode discusses Tasmania's longest-held suburbs and why people choose to stay in these areas. Some of the suburbs with the highest average hold periods include West Moonah, New Town, Launceston, Moonah, and South Hobart. Factors such as desirable lifestyle, infrastructure improvements, family-friendliness, property value, affordability, and sentimental attachment contribute to residents' decision to stay. The limited supply of properties in these areas poses challenges for buyers.

Key Takeaways

  • West Moonah, New Town, Launceston, Moonah, and South Hobart are some of Tasmania's longest-held suburbs.
  • Desirable lifestyle, infrastructure improvements, and accessibility are factors that make these suburbs attractive.
  • Family-friendliness with parks and proximity to water is important to residents.
  • Property value appreciation and affordability influence residents' decision to stay.
  • Older homeowners may hold onto their property as a store of wealth for their children.
  • Limited supply of properties in these areas poses challenges for buyers.
  • Being prepared to take calculated risks is crucial when opportunities arise in these tightly held suburbs.

Transcript

00;00;00;08 - 00;00;15;00 Aaron Horne You know, if it was one that kind of that blew me out. And I guess maybe it's that gentrification across the the last ten year period, because I know we've spoken before about I wasn't allowed to go to parties and, you know, if like back in the day it was too dangerous. I love New Norfolk. Now you. 00;00;15;03 - 00;00;19;08 Patrick Berry Knows that if they do this report in another five years time, you know, if it's no longer on that. 00;00;19;08 - 00;00;20;05 Aaron Horne Night. I agree. 00;00;20;05 - 00;00;27;03 Unknown I think going wasn't going to go. I know you're listening to the property. 00;00;27;06 - 00;00;41;29 Aaron Horne All right, guys, welcome back to the property pod, your weekly engagement into real estate here in the Hobart marketplace. I'm your host, Aaron Horn, and I am joined back by the two guards at the desk. It's been a red hot minute between drinks for everyone in here, but welcome back, Patrick Barry and John McGregor. 00;00;42;01 - 00;00;48;25 Patrick Berry Can I just say that after what, three or four years of doing this podcast, you are nailing these interesting every week. You don't stuff it up anymore. 00;00;48;25 - 00;00;53;23 Aaron Horne And I stress about it anymore. I used to be like, Oh my God, I'd be lying in bed thinking and then I say this, and. 00;00;53;23 - 00;00;55;24 Patrick Berry Then I say this. Now it rolls off the tongue. 00;00;55;24 - 00;01;12;28 Aaron Horne Rolls off the table. Can I even, like, make it up if you're not here, If you're not here, I got this, no problem. And then I got someone else and they say, No, it's good to have you back. J-Mac May and Pat flew solo last week, and we talked all about his trip to Inman. You were away. 00;01;13;01 - 00;01;13;17 John McGregor It was on. 00;01;13;23 - 00;01;15;29 Aaron Horne You in South Australia. 00;01;15;29 - 00;01;21;03 Patrick Berry Yeah, that's right. Where was I? Was I cause I spent so much time abroad. Where was I last? I was on a. 00;01;21;03 - 00;01;22;15 Aaron Horne Cosmic trip around the globe. 00;01;22;15 - 00;01;26;03 John McGregor Yeah. Yeah. Well, that was for the release of my brother's Gene McGregor and Young. 00;01;26;06 - 00;01;28;29 Aaron Horne Yeah. I was hoping you'd bring some in. You got in the sitting about? 00;01;29;02 - 00;01;35;29 John McGregor I do. I do. On my kitchen bench mostly, but. Well, we've got, we're going to do, do a tasting at the end of the week and I'm. 00;01;35;29 - 00;01;42;10 Patrick Berry Sure the listeners will have a discount code in the notes that, you know, we get a kickback like, I don't know, those big name podcasting. 00;01;42;12 - 00;01;44;02 Aaron Horne Yeah, affiliate marketing, but I just. 00;01;44;02 - 00;01;45;28 Patrick Berry Use the codes below. 00;01;46;01 - 00;01;48;11 Aaron Horne Type in McGregor Gene. 00;01;48;14 - 00;01;51;12 Patrick Berry Friends of the property pod speak today. 00;01;51;12 - 00;02;18;15 John McGregor Jesus, it's so good. It took six years in the making for those guys. They realistically that Chris is a high voltage electrician, has his own company and Scott was in the Air Force. Yeah, Never really had lots of time to consistently break it, you know, to work on it. But one thing they discovered when they originally I think they said the idea first borns that they were going to have like a little bar in Latvia and realize well that's probably, you know, the coordinating all that was a bad idea because they were. 00;02;18;16 - 00;02;19;23 Aaron Horne Traveling why Latvia like. 00;02;19;23 - 00;02;21;06 John McGregor Well they're traveling through Eastern Europe at the. 00;02;21;06 - 00;02;24;01 Aaron Horne Time Yeah we just fell in love. Latvia, something like that. 00;02;24;04 - 00;02;38;04 John McGregor It could have been some other ill country, but something like that. And he but when they got back and they realized it really wanted to do this, their first discovered actually we didn't have to become good distillers first. So they end up just learning how to make alcohol. 00;02;38;04 - 00;02;38;25 Aaron Horne Yeah, Yeah. 00;02;38;28 - 00;02;49;22 John McGregor So to have their own clear spirit and then build a gin from there and just it just never they always thought, well this it's, you can get into gin really quick boss Mac I'll throw in two botanicals and boom, you've got a product. 00;02;49;22 - 00;02;50;06 Aaron Horne Yeah. Yeah. 00;02;50;09 - 00;03;14;03 John McGregor They. But the reality is like with it's over flooded you know the market this gins absolutely everywhere but they never did it with the intention that they wanted to make money. They just wanted to make a good alcohol you know So so with that then they replied the long game to think well look this there's an oversaturation of product, but they just want to make something that I really love, drink themselves and build just a small little business around it that hopefully they can just sort of pay a decent little salary. 00;03;14;05 - 00;03;21;06 John McGregor Yeah. And then just be distillers and, you know, Chris could sell his company and Scott retired from the Air Force. So that's sort of the long term goal. 00;03;21;12 - 00;03;30;19 Aaron Horne Yeah. When, when you came in, this is the family. G Now just like Jean, I would have put you guys down for you kind of get whiskey barrel bait. Yeah. Something dirty like. 00;03;30;19 - 00;03;31;11 Patrick Berry That. Whiskey? 00;03;31;12 - 00;03;49;13 Aaron Horne Yeah, yeah, yeah. No, it looked really cool. All the design on it and everything they've put together. And obviously, like you said, it's been a six year process to kind of just go from idea to this place. Will we be seeing them on Shark Tank or anything like that coming soon? Like I saw some fancy botanical drinks that were on there last night. 00;03;49;13 - 00;03;50;19 Aaron Horne I love Shark Tank, by the way. 00;03;50;20 - 00;04;06;20 John McGregor So the plan is they have all the products paid for so they can just slowly sell it. They've got 2000 bottles in the first run and then figure out where they are, the market, Nicole, figure out how they're going to sell it. So that's a whole nother skill set. Scott was just sharing with us on a family chat as well. 00;04;06;21 - 00;04;23;24 John McGregor Yeah, yeah. It's so exciting. And, you know, not playing favorites. Look, if you don't like gin, you're not going to like it, you know, because obviously the gin first makes sense. Yeah. Yeah. But honestly, it's a really bloody good product. It's really bloody good. So. So we thought we've got a boat to mix to make this cocktail that they had on the launch night. 00;04;23;27 - 00;04;31;20 John McGregor So on Friday, ideally I'll bring the stuff in if we can. If not this week we'll do it next week. Yeah but I just said everyone in the office can give it a, give it a crack. 00;04;31;26 - 00;04;36;15 Aaron Horne I'll be here for that. It'll be a January adventure. 00;04;36;17 - 00;04;37;09 Patrick Berry So. Yeah, well they're. 00;04;37;10 - 00;04;40;12 John McGregor Here for the the Gin Fest next week. 00;04;40;14 - 00;04;41;07 Aaron Horne There's one next week. 00;04;41;07 - 00;04;42;03 John McGregor Yeah. Yeah. 00;04;42;05 - 00;04;44;20 Aaron Horne Sweet rock n roll. Oh. Should have been on the podcast. 00;04;44;23 - 00;04;46;16 John McGregor They're coming for sure. Yeah, they got done. 00;04;46;18 - 00;04;50;09 Aaron Horne Deal. So they get sort of next week. Tell us about your gin. Let's taste it. 00;04;50;09 - 00;04;54;24 John McGregor Yeah. And talk about real estate sector. Yeah. Yeah. 00;04;54;27 - 00;04;55;24 Patrick Berry What's the difference? 00;04;56;01 - 00;05;06;14 Aaron Horne But boozy real estate was sort of that. I wanted to talk real estate today. I looked into a little bit of stuff. There was kind of a report that came out through Prop tracker. Yeah, that is it. I think it. 00;05;06;14 - 00;05;07;25 Patrick Berry Was. It's year on the money. 00;05;07;28 - 00;05;39;14 Aaron Horne And it was interesting this kind of about this, you know, how long people will hold onto a property or how long people will be in certain suburbs. And it's interesting I, I know I've heard of the, you know, the seven year itch. I think you mentioned that even before we started. But that life cycle of kind of you get into your home about seven years later, you feel like it's time to move on to the next one where about five and a half years into having the place where in at the moment our family's grown exponentially since we purchased the house, It was kind of like, Oh, this would be a good fixer upper. 00;05;39;19 - 00;05;58;21 Aaron Horne Now it's like, now it's a good family home, but it's like, Oh, are we going to participate? So we're actually quite just the average right on track to be the normal person of hitting seven years. It's time to move. Yeah. Yeah. So I just kind of wanted to look into some of the stats on this on this report and say it if it holds true or if it's. 00;05;58;21 - 00;06;10;03 Patrick Berry A look at this. What always interests me is that people think that it's just seven years, but it's actually every suburb's different. Yeah, some suburbs are longer than others, but most people don't realize that. They just assume that. 00;06;10;06 - 00;06;35;08 Aaron Horne Well, I guess like a bunch of this stuff is like getting the median and bringing it into it here. And yeah, I guess the easy answer, easy answer is about seven years, and that's when we're going to start prospecting on to the next one. Yep. But yeah, it's interesting. Some of the suburbs here that we've looked across, the report had across all of Tassie, all across Australia, but of course being Tassie based, we looked into our marketplace and I looked across the top ten suburbs with the longest average hold period. 00;06;35;11 - 00;06;42;19 Aaron Horne So if you want to kind of go through some of those one, maybe we could talk to why we think those suburbs might have a longer time than other ones. 00;06;42;23 - 00;06;58;19 Patrick Berry Yeah, well I guess the first stat that the report actually outlines, which I thought was quite interesting across all of Tasmania, it's actually the one year each year. So we took about seven, but the average person in Tasmania owns a property for over ten years. It's actually up 23%, a. 00;06;58;21 - 00;07;01;01 Aaron Horne Ceremony at halfway. I've still got plenty of life out of my head. 00;07;01;01 - 00;07;04;08 Patrick Berry Yeah, right. So just settle in anywhere, anytime, all right? 00;07;04;10 - 00;07;07;13 Aaron Horne Oh, my God. Yeah. That's close to world class. The schools. Because of all the things I did. Yeah. 00;07;07;13 - 00;07;27;06 Patrick Berry It's interesting, because I assume that as properties become more expensive, people are less inclined to move. Things like that probably are factors as to why people aren't moving as much as what they were. But, you know, it's an interesting sort of report that's come out and the stats and then even the suburbs that are that perform better than others are quite interesting for the different reasons. 00;07;27;06 - 00;07;30;23 Patrick Berry I guess like why they they're appealing to people. 00;07;30;25 - 00;07;45;22 Aaron Horne Yeah. So I want to pick kind of your brains on why you kind of thought so Looking at the top ten suburbs on this report from top track, it's got West Moonah at the the top of the top and then we've got Newtown, Launceston I guess, General as the whole city. And then we got. 00;07;45;22 - 00;07;47;05 Patrick Berry To love that Launceston is just. 00;07;47;05 - 00;07;48;09 Aaron Horne Yeah, it's just smack. 00;07;48;09 - 00;07;52;12 Patrick Berry Back I guess. It's no different to the suburb of Hobart. There is a Hobart. Okay, so. 00;07;52;14 - 00;07;53;06 Aaron Horne Essentially this. 00;07;53;08 - 00;07;53;26 Patrick Berry Doesn't have any. 00;07;53;26 - 00;08;05;25 Aaron Horne Suburbs, no Riverside or Mowbray or any of those other places, Newstead, South Hobart, West Hobart, Dodges Ferry, a pretty interesting one there, Lindisfarne, Somerset and Lauderdale. 00;08;05;25 - 00;08;22;18 Patrick Berry Well, first thing I noticed when I look at that list of ten suburbs is they all come with a different style of lifestyle. Yep. And it's, you know, dodges ferries. Yep. Beachy Vibes Town where people move down there because you can still commute back to Hobart within sort of an hour, less than an hour now with the new highway, new bypass. 00;08;22;21 - 00;08;37;00 Patrick Berry And you're still getting that weekend Beach vibes of Clifton Beach and being able to be part of the surf life saving community. That type of stuff. Yeah, I know for a fact that a lot of people relocate from Sydney's northern beaches to sort of the Dodges ferry Carlton, that sort of area. 00;08;37;03 - 00;08;45;20 Aaron Horne Yeah. Even Lauderdale is a, is a prime spot for somebody that's kind of lived in that kind of area and is looking for kind of Yeah. That beach lifestyle that's not too far from the city. 00;08;45;20 - 00;08;50;23 Patrick Berry Yes, I think it's a lot of people from the mainland that forget the Tassie is too cold to actually swim. 00;08;50;25 - 00;08;51;04 Speaker 5 Before. 00;08;51;07 - 00;08;58;05 Aaron Horne They're used to that travel time and that commute. And they're not they've got no issues with what you're complaining about. 40 minutes to get to work. Yeah, I kind. 00;08;58;05 - 00;08;59;16 Patrick Berry Of get to the corner store in 40. 00;08;59;16 - 00;09;00;12 Aaron Horne Yeah, exactly. 00;09;00;15 - 00;09;16;28 Patrick Berry But then you know, you look at some of the other suburbs and you know, if you take Newtown or Westminster into consideration, they both have a lot to offer as far as cafes, restaurants, lifestyle that's within the community itself and also a short commute back to Hobart City itself. 00;09;16;28 - 00;09;39;27 Aaron Horne Yeah, So that when I looked at those ones, the thing that instantly jumped out of me was was that those family areas where you're not inner city living, you've still kind of got a backyard. You can still maybe ride your bike on the street without having the fear of, you know, being run out, being run over or yeah, I still had that homely, even 1980s vibe about some of the areas there. 00;09;40;00 - 00;09;43;03 Patrick Berry I got those big lush trees down the street. Yeah. 00;09;43;05 - 00;09;59;09 John McGregor So one one thing you West Moana you consider the make up of most of those homes and a lot of them were built by European migrants at the time. They're all brick, they're all double storey and they've got the, the, you know, the three bedroom house at the top and a rumpus or a granny flat underneath. 00;09;59;09 - 00;10;02;09 Aaron Horne So you just go up my house in West Moonah that I grew up in. 00;10;02;14 - 00;10;21;27 John McGregor So they're built to be able to sustain a family over multiple generations. Yeah. So it kind of makes sense that those houses serve more than, you know, one or two children. They serve up to, you know, three, four, five. You know, however big a family, they're built to be able to sustain that growth. Yeah. So they could, you know, hold that family up for a longer life cycle as well. 00;10;21;29 - 00;10;39;09 John McGregor But even, I mean, again, you know, new to Newtown, the same that because it had been an aspirational suburb that's going to be that you know, your second or third move often in most cases. So then you're able to you're not going to want to move again. It's like, okay, we're in the suburb. We need to be house. 00;10;39;09 - 00;10;53;21 Patrick Berry Are you you're working on the theory that Newtown is one of those suburbs that you can't buy into as a first time buyer. You're working to that level. So when you hit that, you're in sort of maybe, you know, early to mid forties, you know, you're getting that that that goal of the final family home. 00;10;53;21 - 00;11;11;21 Aaron Horne Yeah absolutely Yeah well like you South Hobart's West Hobart it's almost like you've reached a of Rachel I want to reach I don't want to overreach this point and then in a counter to that that some of the shortest average hold periods do seem like they're more the suburbs where I've got into the market. Yeah. 00;11;11;21 - 00;11;30;20 Patrick Berry The your first time buyer you invest in marketplace so obviously investors turn properties over a lot quicker because they'll they'll use it for a certain period of time to get value out of capital gains at tax times from lower tax. Different things like that that you know, there's a purpose to it. Yeah. And then they move on to the next investment property. 00;11;30;20 - 00;11;50;21 Aaron Horne It's interesting, just like jumping straight out at me at the so looking at the other end with the top ten suburbs with the shortest average house period, we've got like your East Devonport, you always stand your Mowbray. I remember when I wasn't here when you spoke to the guy, but who was the investor that we came in who'd purchased places in that area? 00;11;50;24 - 00;11;53;04 Patrick Berry God, I hope he's not listening, cause I. I'm having my blank. 00;11;53;04 - 00;11;54;09 John McGregor Yeah, and I could same. 00;11;54;13 - 00;11;55;13 Aaron Horne Yep. Sitting right here. Yeah. 00;11;55;14 - 00;11;56;12 Patrick Berry And you'll say, yeah. 00;11;56;12 - 00;11;57;01 John McGregor I've got a monthly. 00;11;57;02 - 00;11;59;11 Patrick Berry So. And he brought so much more value than you ever did. 00;11;59;11 - 00;12;03;15 Aaron Horne Oh yeah. But anyway, I remember. Yeah. 00;12;03;21 - 00;12;07;23 Patrick Berry Well all these suburbs that he's listing pretty much all the ones he was buying. Exactly. 00;12;07;23 - 00;12;24;25 Aaron Horne So yeah, it was really right on to the, the bowl there and yeah. As you look into those kind of let's get in the market, let's find out why I like Byfield. That's where I lived. When I went to uni, there were so many kind of housing commission homes there that you could say lots of investor who picked up prices. 00;12;24;25 - 00;12;29;14 Aaron Horne Oh, man, that was where in his investment property we were. It was looking after us while we were. 00;12;29;16 - 00;12;31;16 Patrick Berry Was he really where. 00;12;31;18 - 00;12;32;00 Aaron Horne He was looking? 00;12;32;00 - 00;12;32;17 Patrick Berry It's interesting. 00;12;32;17 - 00;12;36;19 Aaron Horne He was looking after us. We weren't looking after the house. 00;12;36;21 - 00;12;38;01 Patrick Berry There's any point looking at that place. 00;12;38;01 - 00;12;56;07 Aaron Horne But I actually do think from memory, the back bedroom that Turner lived did, there was definitely like a doctor in the roof there when we moved in that. So definitely been growing. Something interesting in that back room, I'm sure just had a lot of special vibe, that room. 00;12;56;09 - 00;12;57;07 Patrick Berry And he was always. 00;12;57;13 - 00;13;01;12 Aaron Horne So relaxed. How Well, he wasn't paranoid. 00;13;01;12 - 00;13;04;07 Speaker 5 Yeah, I was. 00;13;04;07 - 00;13;08;02 Patrick Berry Like jovial over the. 00;13;08;05 - 00;13;23;29 Aaron Horne Look. It's interesting. Yeah. Looking at these kind of the other end of the spectrum, New Norfolk was one that kind of that blew me out. And I guess maybe it's that gentrification and across the, the last ten year period because I know we've spoken before about I wasn't allowed to go to parties in New Norfolk back in the day. 00;13;23;29 - 00;13;26;06 Aaron Horne It was too dangerous. I love New Norfolk. 00;13;26;06 - 00;13;31;00 Patrick Berry Now you know, is that if I do this report in another five years time, you know, if I it's no longer. 00;13;31;00 - 00;13;32;11 Aaron Horne On that night I great. 00;13;32;14 - 00;13;45;17 Patrick Berry List. It's definitely becoming a family vibe area. Yeah new subdivisions going out there like there's a really cool brewery that's opened up out there, distillery out there. So, you know, McGregor takes off. Maybe they can get a distillery up that way somewhere. 00;13;45;20 - 00;13;48;17 John McGregor Oh, just wait. We'll have blimps and everything blinks. 00;13;48;18 - 00;13;55;26 Patrick Berry Was blue got here because no one has blimps. It doesn't hurt to bring. 00;13;55;28 - 00;13;56;11 Aaron Horne In blimps. 00;13;56;11 - 00;14;00;22 John McGregor But that's I mean, you get really good value for, you know, per hour because guns that damn fast. 00;14;00;25 - 00;14;02;20 Patrick Berry I heard the Hindenburg is on site. 00;14;02;22 - 00;14;06;06 Aaron Horne Hey anchor that just burn the gene to, like fuel the blimp. 00;14;06;14 - 00;14;10;07 John McGregor Yeah, that's the point. Like, there's just there's so many ways to use a blimp that was still invented. 00;14;10;13 - 00;14;13;14 Patrick Berry Those early batches. It didn't go anyway. Yeah, that's right. 00;14;13;17 - 00;14;15;26 Aaron Horne We got this. 00;14;15;29 - 00;14;27;26 Patrick Berry But, like, there is a lot to like about, you know, if it is really giant ls up there, they have a day. And I don't know if you've been out there recently, even like the rowing clubs got these giant clubs. Oh yeah, I'm on the waterfront, so I didn't know that was there. 00;14;27;29 - 00;14;41;14 Aaron Horne And the way the valley kind of sits, it always seems to be so glassy down there. You never kind of have to worry about kind of it blowing. Of course, the amount of times I've been down there flying the drone and looking, you know, like over the river. I'm like, Man, this place is gorgeous. 00;14;41;14 - 00;14;56;06 Patrick Berry Yeah, That's how I can see why it's definitely changing. I'm surprised to see it on that list. If I'm being honest. It's actually very surprised to see a side just like 5.5 years is the average hold, according to this report. And to me, that seems strange. 00;14;56;06 - 00;15;06;17 Aaron Horne So from a real estate agent point of view, I know you just mentioned before you, like found the next place that as I should be prospecting like getting these boots on the ground and dropping his. 00;15;06;19 - 00;15;07;04 Patrick Berry Fliers. 00;15;07;05 - 00;15;15;15 Aaron Horne His card. Now, what about the card of you guys? We haven't covered this on the property part. I'm just kind of dart in there. Did you wait? Talk about the Reddit thread as his card. 00;15;15;15 - 00;15;17;03 John McGregor Oh, that's great. Yeah, it's so good. 00;15;17;03 - 00;15;44;06 Aaron Horne So just randomly out of nowhere the other day, Mark Stewart, friend of the podcast, has text or he said, I don't know if you've seen this. What do you think about it? And it was this Reddit thread of Arron Murray had popped his card into someone's letterbox and drawn a Well, he had enjoyed the penis on it. Someone had drawn a penis on it and put up, you know, this list of sick of getting all these rubbish email letterbox but right it's a pretty horrible place. 00;15;44;06 - 00;15;48;10 Aaron Horne Like Reddit is the place on the internet worse than Twitter where people. 00;15;48;16 - 00;15;49;04 Patrick Berry Would just hate on it. 00;15;49;06 - 00;15;58;03 Aaron Horne So mad at each other. And so they always things it was always lovely things coming up. That's right that Arron about Martin about oh Volvo are actually a pretty good agency. 00;15;58;06 - 00;16;08;18 John McGregor It was it was really surprising because even what it was only a few people proportionately they're dumping on agents like let's find like what's wrong with that. Yeah it was just it was just weird like you don't expecting it. 00;16;08;18 - 00;16;24;16 Patrick Berry Don't you love when it happens on Facebook as well? When someone puts out a comment and they're expecting everyone to be on their site and it's totally back. Yeah, yeah, yeah, yeah. We're all over the place today, but I'm currently on this ticket sales thing for F1 Group and this person had a free access code to be able to get presale tickets. 00;16;24;16 - 00;16;25;02 Aaron Horne Okay. Yeah, you. 00;16;25;02 - 00;16;40;21 Patrick Berry Just got randomly selected. I mean, I got a code and this person's like, I've managed to secure tickets. I don't need my access code for Monday's morning sale, if you'd like to buy it from me. DME is a fricking free code and everyone just hate it on them. They're like, You can't sell a code you got for free. 00;16;40;21 - 00;16;54;19 Patrick Berry That's just a dog act. Giveaways. So a lot. Wow. Yeah. Yeah. And like, he was like, you know, I think in his head he was like, Oh, I've got this code. I want to go to waste. I'll sell it to someone cheap. But yeah, everyone's just like, you should. If you giving that code away to the poor people, I couldn't get a code. 00;16;54;19 - 00;17;00;29 Patrick Berry And it's a great example of like to me of the same thing with the irony. This guy's put up thinking people are going that's going to hate or. 00;17;01;01 - 00;17;01;15 Aaron Horne Yeah. 00;17;01;19 - 00;17;02;19 Patrick Berry And they didn't know. 00;17;02;19 - 00;17;04;10 Aaron Horne Well, yeah, it was funny, quite positive. 00;17;04;10 - 00;17;11;11 John McGregor And especially given, you know, and nature of our business like we're the easiest max and to be crapped on. But that didn't happen. 00;17;11;13 - 00;17;29;18 Aaron Horne Oh well he did like the words. There were some. Yeah. If you, if you want to find it, head out of it or read it. And I think if you search in like a Hobart subreddit you'll find a heron Maori with a phallic symbol drawn across his face and then some, some not. But the main things and some nice things that. 00;17;29;18 - 00;17;30;11 John McGregor Yeah, yeah, yeah. 00;17;30;15 - 00;17;39;17 Patrick Berry But getting off topic lately. But it brought back to prospecting in an area where a house may be. Yeah. To say yeah. 00;17;39;20 - 00;17;50;23 Aaron Horne Could a real estate agent use this list and be like okay so the whole time for properties here is lower than other suburbs. I'm going to try and take my climbing in this area. 00;17;50;24 - 00;18;06;21 Patrick Berry I think there's merit behind it. Yeah, if it works, I don't know. Like any prospecting is only good if you repeatedly do it consistently. I think we have a lot of prospecting. People expect the answer tomorrow or the listing tomorrow, not the one in 2 to 3 years time. Yeah. Yeah. I guess it would depend how hard you prospecting area. 00;18;06;21 - 00;18;29;01 John McGregor Well, the other part too is you need to for an agent's perspective, if you're trying to establish a certain, you know, income for the business, you also need to know how many houses are actually in that area because it is like it's got the hot, you know, it's got the highest turnover, but there's only like 500 homes in the in the suburbs or you probably still going to starve a little bit because it sounds like they're selling, you know, quite quickly, but there's just not many houses. 00;18;29;01 - 00;18;45;14 John McGregor Yeah. So it's all relative to the actual size of the market in that as well. Yeah, it's but honestly, like it is, you know, like in any business you can determine what your market, how many there are and what's the potential exposure. So it makes sense from a strategy perspective, of course. 00;18;45;16 - 00;18;57;28 Aaron Horne Yeah. And it's it's an interesting kind of Yeah. But you've got to mention in jest. But I was like, well, it's not the worst way of trying to find business. Like you're well, if you can work out the places to go, are you going to have a lot of success? Right. 00;18;58;00 - 00;19;17;19 John McGregor Well, I'd like to when going back to the thing about movement you Norfolk so that the economists and flattery is it always get the longest I had a nice the bit she talked about it's like better infrastructure and gentrification so the more that a suburb is going to be able to serve you, the more likely you going to stay. 00;19;17;22 - 00;19;27;03 Aaron Horne Yeah, which is kind of what I mentioned with New Norfolk before. It was like it feels like the idea of the suburb of Norfolk is not the same as, you know, early 2000. 00;19;27;03 - 00;19;36;16 Patrick Berry So in the suburbs it's doing well with the council, doing well at the moment is the civil council. Yeah, The way that they are creating opportunities for their people in that area is just astounding. 00;19;36;17 - 00;19;41;16 Aaron Horne Have you been to the new park that's around? Yeah, I'm with the Ninja Warrior. 00;19;41;18 - 00;19;42;11 Patrick Berry No, I haven't. 00;19;42;12 - 00;19;56;00 Aaron Horne Oh, man. Yeah. Oh, it's so good. So, yeah, it's got a massive kids playground. Not as big as the Kingston one, but like, heaps of little areas for different age kids and then an adult sized ninja warrior course for training. For Ninja Warrior. 00;19;56;02 - 00;19;58;17 John McGregor It's set. I had no idea that was it. 00;19;58;18 - 00;20;05;03 Patrick Berry It's a massive fight between Kingston and Syria, in my opinion. So the council that are offering the best value for their people. 00;20;05;03 - 00;20;05;19 John McGregor Yeah. Yeah. 00;20;05;19 - 00;20;13;06 Patrick Berry Considering it's just a standing what those two suburbs are doing as far as like facilities, like infrastructure and playgrounds. 00;20;13;06 - 00;20;17;13 Aaron Horne I don't want to shit on our local area, but like, what about our pool? 00;20;17;16 - 00;20;32;23 John McGregor Well, it's as you're speaking, the first thing that I said, you know, running Thor, which is going to Google, is one that lacks vision of what it wants to do next. Because you think of all those those suburbs like it's very driven, right? Family. Let's invest in the infrastructure to get them to have everything they need locally, which is good. 00;20;32;23 - 00;20;36;17 John McGregor Okay, I suppose it's just been so well established like now what the heck do we do? 00;20;36;17 - 00;20;54;20 Patrick Berry Yeah, it's like if you treat the council as a business, for instance, it's any business, it grows. They get to a point where they feel like they've hit a wall. Where do we go from here? Like if you look at Sorrel and Kingston, they're both emerging suburbs. They both like getting lots of new subdivisions, population. So they've actually got income coming in to help fund these projects. 00;20;54;20 - 00;21;08;07 Patrick Berry Yeah, yeah. Where Glenorchy hasn't got an opportunity to develop more, that's properties. More people are living to the suburbs. So they, they're at a point where they've spent their income, Oh, it's all allocated, it makes it hard to do these projects where yeah, yeah, Cyril's got endless construction happening. 00;21;08;08 - 00;21;11;19 Aaron Horne Oh yeah. Well yeah, it's the same, the payments track is the same. 00;21;11;19 - 00;21;19;03 Patrick Berry But if you're a population or your housing is growing rapidly, you've got extra funds that aren't allocated to anything. So you can do these projects. 00;21;19;03 - 00;21;23;26 John McGregor Yeah. And listed less objection because it's sort of a bit more future focused. And I guess is there I guess. 00;21;23;26 - 00;21;31;00 Patrick Berry You've got to offer those things. So people say, yeah, I want to move to that area 100% Yeah. So you can see why some of the suburbs are doing really well at the moment. 00;21;31;05 - 00;21;33;19 Aaron Horne Yeah, No, I dig that. That's actually a really good point. And yeah. 00;21;33;20 - 00;21;38;02 Patrick Berry Not nothing against Glenorchy. You guys are doing a pretty good job. We're getting some new playgrounds at the moment. 00;21;38;02 - 00;21;44;07 Aaron Horne Oh yeah. No. And yeah. And the one, the skate park just going in it, the Montrose Bay and the one oh. 00;21;44;07 - 00;21;48;00 Patrick Berry Paton I'm not on the skate park. Oh that's a story for another time. 00;21;48;00 - 00;21;53;07 Aaron Horne Oh okay. Well we'll save that for next week. I'm but air down by. 00;21;53;10 - 00;21;54;13 John McGregor Keeping on read it you know. 00;21;54;13 - 00;21;56;09 Speaker 5 Yeah. 00;21;56;12 - 00;22;01;20 Patrick Berry I've actually got to say I've read it's going on that at the moment they're not getting much traction though. 00;22;01;22 - 00;22;10;20 Aaron Horne But yes no look there are things going in and and as you say, like there emerging suburbs where there's space to grow, we're kind of boxed in here in this space when we get stuck. 00;22;10;20 - 00;22;13;07 Patrick Berry On the ability to create more opportunities. 00;22;13;07 - 00;22;30;11 John McGregor And so I suppose so much can division do because the local with a finite amount of use of space or the repurposing of buildings, it's just got so many different heads at this point with so many different conflicting perspectives. Whereas in growth, it's like, well, it makes sense. Well, this is there's, there's space, you've got space view, we've got space from there. 00;22;30;13 - 00;22;31;01 John McGregor Everyone's happy. 00;22;31;06 - 00;22;39;14 Patrick Berry Like I'm sure somebody went to the city council and said, I want to train for Ninja Warrior, I need a training facility. They're like, Great, awesome. You can have this. 00;22;39;17 - 00;22;52;27 Aaron Horne It's so funny. When I watch the show, I'm like, It looks really, really hard. I wonder how I'd go and you know, how it always starts. You jump from like the first train platform level and I'm like, Yeah, I know that. And then the next one is one of those ones where it like, works on your upper body. 00;22;53;02 - 00;22;53;18 John McGregor Oh yeah. 00;22;53;18 - 00;22;58;21 Aaron Horne You've got to swing with your own body weight. I was just like, Oh no. 00;22;58;23 - 00;23;02;00 Speaker 5 Oh no. Oh, no. 00;23;02;02 - 00;23;03;20 Aaron Horne That's as far as I've got. 00;23;03;22 - 00;23;05;29 John McGregor Yeah. Oh, it's nuts. 00;23;06;02 - 00;23;16;26 Aaron Horne So you went off to your hierarchs just recently and did a fitness fest event. So Bobby, head down to Cyril and on your way to the in-laws to strut by and say. 00;23;17;04 - 00;23;17;15 Patrick Berry I'll. 00;23;17;17 - 00;23;18;20 Aaron Horne See how you go in the course. 00;23;18;24 - 00;23;24;03 John McGregor It would be thing we do like an office challenge, Ninja warrior, and none of us get past the three first three obstacles. 00;23;24;03 - 00;23;29;22 Aaron Horne Actually, with a mind that's not so bad. That might be might be next Wednesday's fun card. 00;23;29;24 - 00;23;33;00 John McGregor We end up just doing a squat competition stuff. 00;23;33;02 - 00;23;37;00 Patrick Berry As long as a push ups because Laurie's got that. Yeah. Yeah. Laurie. 00;23;37;01 - 00;23;38;04 Aaron Horne Laurie. 00;23;38;06 - 00;23;42;20 Patrick Berry Oh, yes, we are. I really apologize for the listeners this week because. 00;23;42;20 - 00;23;44;11 Aaron Horne It's been a while between takes. 00;23;44;14 - 00;23;59;00 Patrick Berry But Mario was adamant he could beat Laurie a push up competition and for people that don't know our Mary goes to the gym most days and he's quite buff these days and Laurie it's Laurie seventies Yeah late seventies I don't apologize Laurie if I've oversold you, I won't listen. 00;23;59;00 - 00;24;00;08 Aaron Horne But yeah, somewhere in the seventies, all of. 00;24;00;08 - 00;24;11;08 Patrick Berry Them had a push off push up competition, and Laurie's had like 70 push ups and going strong and Mary is struggling, begging Laurie to stop because she couldn't do any more launches to get it better. 00;24;11;08 - 00;24;14;19 Aaron Horne Where was I for this hour? I can't believe I missed this. 00;24;14;21 - 00;24;20;25 Patrick Berry Aaron was so cocky, arrogant, confident. His old shit that I've got this out, man. Yeah, I just point down and wait today. 00;24;20;28 - 00;24;23;27 John McGregor Laurie just got that old man old build of strength that just. 00;24;24;02 - 00;24;25;28 Patrick Berry Oh, yeah. Oh, yeah, yeah. It was impressive. 00;24;26;03 - 00;24;31;05 Aaron Horne I will shout out to Laurie Gray the the muscle, bloody muscle. A full on, full of fondness for the muscle. 00;24;31;06 - 00;24;32;02 John McGregor Yeah. Yeah. 00;24;32;04 - 00;24;45;19 Aaron Horne I love that. All right, well, look, we talk some real estate. We talked a lot of rubbish. Shorter than only my five was, to be honest. Thanks, guys. We will be back next week. Maybe with some gender ties. Yeah. Only time will tell. 00;24;45;21 - 00;24;47;01 Patrick Berry Maybe some special guests. 00;24;47;02 - 00;24;53;12 Aaron Horne Maybe. Yeah. If John can get it organized. Oh. Oh, yeah. Those want. Yeah, I'm still working on that as well. Yeah. Yeah. 00;24;53;14 - 00;24;56;01 Patrick Berry I still think you're talking different special guests to what I'm talking about. 00;24;56;01 - 00;24;57;20 Aaron Horne Well, guess you're talking about. 00;24;57;22 - 00;24;58;24 Patrick Berry Four BPO people that are. 00;24;59;02 - 00;25;02;19 Aaron Horne Oh, yeah, Yeah, I forgot about that. Yeah. 00;25;02;21 - 00;25;03;19 Speaker 5 Oh. 00;25;03;21 - 00;25;09;06 Aaron Horne I would love to get them on the board. I hope I can even just a little mini interview with them. All right. 00;25;09;12 - 00;25;10;02 Patrick Berry Let's finish this. 00;25;10;02 - 00;25;20;00 Aaron Horne We'll be back next week with more property. Thanks for sticking with us, guy. You have been listening to the property board recorded and edited by Foreman for Media House in conjunction with the. 00;25;20;00 - 00;25;34;06 Patrick Berry Fall and Fall Property Code. This podcast is general information only and the thoughts of views expressed is the opinion of our panel. And listeners should always seek, then use their own investigation into any topic we discuss to ensure they fully understand their own situation. It does not constitute. 00;25;34;06 - 00;25;50;15 John McGregor And should not be relied on as purchasing, selling, financial or investment advice or recommendations expressed or implied, and it should not be used as an invitation to take up any agent or investment services, no investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.
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