Upbeat Sales Market & Hobart's Rental Crisis

A double dose of The Property Pod this week. Today the guys discuss the Mini Housing Boom that seems to be present Post-Federal Election, and Gumtree Ads for Hallways to be rented as bedrooms.

A double dose of The Property Pod this week.

Shortage of available rentals

● The newspapers showcasing a story about people renting out a hallway for $75 per night
● What needs to be done to fix the issue of housing in Hobart?
● Highrises / high density housing? / faster approval time on new builds? Ban Air B&B? More uni accom?

Reports of a Mini Housing Boom after the election -

● Open homes up by 11% according to Domains
“Homepass” across the country with Tassie at 7%
● Auction Clearance rates upto 60% highest in months
● CBA have reported 20% increase in loan applications
● According to pricefinder property appraisals are up by
34% in Tasmania and up 10% across the country, This
could mean more supply will become available in the
coming months.
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