May 2, 2026 • 41 mins
We've all heard the age-old advice you should buy the worst house on the best street - but is that still the case?
The divide between what's considered a 'good' or 'bad' street seems to be less obvious than what it once was, and the cost of building or renovating has skyrocketed in recent years.
It's just not as easy these days to throw a little bit of cash and a few weekends of hard work at a run down house to bring it up to the level of neighbours.
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Speaker 1 (00:05):
You're listening to the Weekend Collective podcast from News Talks B.
Speaker 2 (00:16):
If you like to go, I tell you you went loony.
Tell those rested claim he says glee.
Speaker 3 (00:38):
The only gun is the as speeds the spaces.
Speaker 4 (00:44):
Yes, welcome back to the Weekend Collective. We love a
gentle ballad to ease into our next hour, A little
bit of Motorhead with asis spades. I never actually must
say I do love a little bit of you know,
I love a bit of the old hard rock to
get us into each our. My producer Tyra will tell
you sometimes if I need a GP, it's like, oh God,
just put on some even metal, will you? Anyway that
that that peace was the choice of my next guest,
(01:07):
guest whom I'm about to introduce for this the One
Roof radio show, where, of course this is the from
now on, we want your calls. I eight hundred eighty
ten eighty. We want you to join the conversation. We
invite you to should I say so, I eight hundred
eighty ten eighty in text nine two nine two, and
a couple of things we're going to dig into. Firstly,
the I sort of initially thought of this as champagne
(01:29):
taste be a budget type of thing, But really what
I meant to be thinking about was is the worst house,
best street still a thing? So it's ancient advice. You know,
people would say, oh, you always go for the worst
house in the best street rather than buy the nice
new one in a crappy area. But then again you
might be you know, maybe people are looking at you
(01:50):
know what I don't. You know, the area is sort
of important, but what's important to me is when I
step inside the front door, you know, everything's new, nice
fresh carpet, beautifully designed place, fresh furniture and everything. So
what do you What did you go for when you
looking for your property? And you might look at it differently,
whether it's for your home yourself or as an investment,
(02:12):
because that might be something what a tenants look for,
and the tenants look for, you know, the best that
you know they want to go and live in in
a crappy house but in a really lovely, posh street.
I'm going to say I'm a little bit worst house,
best Street because and that wasn't necessary by design, but
we were drawn to a particular neighborhood and ended up renting,
(02:33):
and then we bought the place where were renting and everything.
So we're a little bit worst house, best Street, but
we like to think it's not the worst. Now we
like to think we've improved it a bit. But yeah,
that does divide between what's considered good or bad streets.
Is it as obvious as it once was given? Of course,
if you're going to go worst house, best Street, it's
not exactly the cheapest thing to renovate, So worst house,
(02:53):
best Street. And we're going to dig into that, and
we would love your cause on that. But also a
couple of other things we're going to touch on is
the advent of AI. But now there's a bit of
a thing.
Speaker 5 (03:05):
Yea.
Speaker 4 (03:05):
AI is being used to maybe add a bit of
grass where there really isn't any, or make the grass
a little bit greener to the dead stuff that's there.
How much can you trust, you know, making the grass
a bit greener with AI? Do you rely on the photos?
I mean, can you rely on the photos? And also
we might dig into why we talking about the marketing
(03:27):
of a property, because it's all about, as I mentioned,
somewhat uncharitably, trying to put a bit of a gloss
on a turd. Sometimes but some of the best cliches
in real estate will dig into it. And who better
to dig into these questions than well, he's a property commentator.
But what hasn't he done in property? I would hesitate
to venture a guest because he's probably done at all,
(03:48):
I think. And it's Campbell DeNoon. Hello Campbell, how are
you going? Scond? Let me, I'll hit the button. Here
we go.
Speaker 6 (03:53):
I'm going well to good to be back to him.
Speaker 4 (03:58):
Actually tell people for those because I'm not introducing you
as from a particular res estate company or having held
of different different positions. But what have you what haven't
you done in real estate? Or is it better to
say what have you done? What's what's your bag?
Speaker 5 (04:10):
Look?
Speaker 6 (04:11):
I think I have done it all. My first job
in real estate in Melbourne was property management, residential property management,
commercial property management.
Speaker 4 (04:18):
Did you fall into that or did you jump into
it with alacrity?
Speaker 6 (04:21):
I just did it to get some money to go
back overseas, so I kind of fell into it. But
I liked it and did all right, and got into
sales and did better at that. Became an auctioneer on
the on the advice of a mutual friend of ours
from Fremantle and yeah, and then a few years later
found myself in New Zealand.
Speaker 4 (04:41):
Make it sound like an accident. You just you walk
into the airport and stumble up to the counter and
awhere of the plane's going.
Speaker 6 (04:50):
This is a good story. I was actually brought over
by one of your guests that you have on the show.
Speaker 4 (04:54):
Really, yes, he.
Speaker 6 (04:55):
Brought me over.
Speaker 4 (04:57):
I think I might almost know who they are, Martin, Oh,
Martin from Martin Martin Cooper Cooper Ye responsible for me
being over here. Oh well, okay, I must have a
word with them about it. Yeah. Hey, So what's what's
been the job you've enjoyed the most?
Speaker 6 (05:13):
Ah, good question. Look, I've enjoyed many of them. I
worked for ten years with Peter Thompson and Barfoot Thompson
running their auction division. That was great. I worked to
Bailey's that that was really good too, that the feelings
auction would be from.
Speaker 4 (05:26):
Well, yeah, it's it's.
Speaker 6 (05:29):
Look, it really makes the day. When you get up
in front of people, you're always nervous, but that quickly
dissipates when you start doing the numbers and you start
getting people to go through and be increasingly higher and higher.
Speaker 4 (05:40):
We've got Martin on next week. I know you'd be
quite a good double act, you guys, actually, And he
gave me.
Speaker 6 (05:47):
Some advice once Martin when I lost my temper because
I came over here very Melbourne. This is going back
two thousand.
Speaker 4 (05:55):
One of those brash astronia.
Speaker 6 (05:56):
Yeah, yeah, yeah, I knew it all and all that
sort of thing. And I was doing quite well. I
was helped open the Devenport office, and I was making
a lot of sales, and I think I was in
the top five out of his whole company within three months.
And he called me into head office and I thought, oh,
this is great. I'm going to get a bonus, get
a tat on the back, and you know, this is
really good. And I get in there and he closes
(06:17):
the door behind me, and he just started waffling on
in a very nice way. And he used the analogy,
I guess of the reed and the wind, how it
would bend one way and then when the wind turns, Campbell,
you have to bend the other way. And it was
his confoluted way of telling me that nobody liked me
and that I was upsetting my colleagues.
Speaker 4 (06:41):
And you realized you had been told off at the time.
We just walk out and go ah, I think he
was telling me.
Speaker 6 (06:49):
It took me about ten minutes for it. Martin just
get to the point, and he did. But I always
respected him for it because he took a really gentle approach.
I guess I was in those days because I'm much
more mature and calmer.
Speaker 4 (07:00):
Now as I say, He's on next week. But hey, now,
worst House, Best Street? Are there adages and property and
this is the one we want to go for. Actually,
my producer has said she Tyra reckons she well and
truly has the worst house on the best street. And
it was so much the worst house on the best
street that when they bought it and started to work
(07:22):
on it, the neighbors came over to thank her. So
I mean, that's almost like I really did go worst House,
Best Street.
Speaker 6 (07:31):
Well, it was always the way of just getting into
a great neighborhood or getting into a great street. You
paid the least amount of money possible by definition buying
the worst house within reason, So that got you into
an era. And that could have been a gramozon, that
could have been anything. Or you were a handy person
type of person you wanted to build and good luck
with that. I don't know if it's as solid anymore
(07:53):
as it used to be.
Speaker 4 (07:54):
Is that because we've seen I'd love to hear from
you on this, by the way, if you want to
join the conversation. Oh, eight hundred and eighty ten eighty
Is that a good rule in real estate? Or was
it a good rule in real estate? And the guess
I'm going to make now is that we've seen so
much gentrification and we've seen it, you know, I think
in the last twenty years an energy and to real estate,
which has seen a lot of people by the door uppers.
(08:16):
And are there many door uppers left? I guess the
question I'm not going to wander into Queenstown, Hell am
I no? And go okay, show me the rundown shackle
sort of house that I can do something with because
they're all mint Well.
Speaker 6 (08:30):
The problem you've got is that if I always used
to say, when the market has got reasonably strong, and
you had two houses, one beautifully done up, one total
do up, proportionally, the do up would cost you more
because everybody was fighting for it to get to that
house to do it up. And you add on the
costs and the delays and the planning fees, et cetera,
et cetera, and suddenly you've actually paid more. And I
remember a few years ago now, I was advising people
(08:52):
to listen. If you've found a house, it takes nine
out of ten boxes and it's all done for you.
Have a serious look at that as opposed to getting
something to work on, because it's going to take longer,
it could blow the budget. You've got the frustrations.
Speaker 4 (09:05):
I think you are saying that worst house Bear Street
is not a thing in your view.
Speaker 6 (09:09):
I think you need to be careful. You've got to
have the right reason to do it, like you school
zones or whatever, or land banking, Like you live there
and you'll live moderate have would you say you would
live comfortably but not at the top and just wait
for the market to improve.
Speaker 4 (09:27):
Yeah, at our house for instances, Look, we live in
a one of four units. When I say unit, it's
quite a substance. It's one hundred and eighty square meters
up and down. It's big. Yeah, so yeah, I mean
it's it's ten by nine meters, but two levels. That
includes you know, we've created a couple of rooms downstairs
(09:47):
and a couple of car parts. But we still have
naked jib in the hallway because the idea I'm thinking, oh,
that looks tricky. I don't know how they got up
there now I think of it because I was put
behind that. And yet we haven't plastered or painted it yet.
And there are a few other things. In fact, my
wife's listening, she'll be sort of tapping her fingers like
(10:07):
mm hmm, yeah, when are we going to get onto that?
But I don't have any regrets about even the fact
that we still have more work to do on it,
because when I roll out of the door and I,
you know, if I want to go for a bike
ride or something, I'm literally eight seconds from Tamaki Drive.
And so for us, even though you know we have
(10:29):
some work to do on it, and we have done
a lot of work on it, I mean.
Speaker 6 (10:33):
I couldn't do it. I'm just you give me a
hammer and I'll look at the hammer and go, Now
what you know, I'm just.
Speaker 4 (10:38):
Not gootube videos now.
Speaker 6 (10:39):
Yeah, yeah, and absolutely, and i'd probably use that to
my own detriment really stuff it up. But no, I'm
quite happy if I can afford it to pay somebody
to do a good job and do it work.
Speaker 4 (10:50):
Okay, So if you had a budget for something yourself
and you're looking for a house to live in, how
would you make the balance core between good enough to
live in versus this is the area I really want A.
Speaker 6 (11:03):
Stage of life I think impacts a few young and
you're in your thirties and twenties or whatever year, you
can live in a shack pretty much. Or I used to,
so now I couldn't do it. I think it comes
back to what I said before. If most of the
boxes are ticked and everything else is falling into place,
you're never going to find the perfect property in any respect.
Speaker 4 (11:20):
So funny thing is, I think my house is the
perfect property for you. Yeah. Yeah, I actually think it's
the perfect property. In fact, if we ever sell it,
I'll be like that the perfect property. Yeah, as long
as you can overlook a few I'll probably have to
jore you and say we need a few, you know,
real estate metaphors. That's an interesting one. So you would
(11:42):
be so, okay, how would you how much would you
prioritize the area?
Speaker 5 (11:47):
Well?
Speaker 6 (11:47):
For me, okay, and I want you to be subjective,
it's about yeah, yeah, yeah, for me, the area is
very important. The house has got to be fine, The
house has got to be comfortable. The house has got it.
As I said, tick most of the boxes. But the
area is where I want to live. And you're buying
into a community. You're buying into a street, into a neighborhood.
So when I first look at an area, I say, right,
this is where in Auckland or wherever I am, this
(12:08):
is where I want to live. Now I've got to
find a house I can afford and that I want
to buy. I've met a lot of people who actually say, well,
I don't care as long as it's in the North
Shores somewhere, and I want a four bedroom, brand new
house and four bathrooms, and they'll they'll live anywhere as
long as that's well.
Speaker 4 (12:25):
People who live on the shore would say, good, that's
that sounds like good attitude, because we're sure is magic.
Speaker 6 (12:30):
Yeah. Well that's where I started work with mister Cooper
as we know, Hey, look, we'd.
Speaker 4 (12:35):
Love to hear from you on this on e one
hundred and eighty ten and eighty. Look, the initial question
is you know, what do you think when it comes
to making a choice. Is the adage you've got to
buy the worst house in the best street. Is that
something only if you are prepared to do the work
on it, or do you think that's actually a good
rule to get into your first house? Or do you
(12:56):
think you know because I look, I'll be honest. I
looked at a few places when I was driving with
my girls the other day, and there there are a
lot of townhouses popping up, and the townhouses themselves, you
would walk them to them, and you think, this is
this is great, this is beautiful. But the area I thought,
aren't we lucky where we live? So I'm obviously a
(13:17):
worst house, best streets sort of guy.
Speaker 5 (13:19):
But what are you do?
Speaker 4 (13:20):
You just want something that has that kitchen that has
all the nooks and crannies covered. You want all the
appliances and fresh paint and nothing to worry about? Is
that your priority? What do you reckon? Eight hundred eighty
ten eighty text nine two nine two and you can email.
Oh no, we're not doing email for talkback. It's talk back, okay,
(13:42):
So give us a call. My guest is Campbell DeNoon.
What hasn't he done in real estate? I don't know,
but we'll we'd love to take your calls. We've got
lots to dig in to as well, because there's the
whole question around how your market a property and what
AI is doing in this space and does it will
it end up eroding the trust in pretty much every
listing because it's all been spat up by a computer.
(14:04):
Eight hundred eighty eight text nine to nine two. It's
twenty and a half past four. News Talk said B.
News Talk said, B. Yes, this is the one with
radio show. We'd love your calls as well. Eight one
hundred t and eighty worst House, best Street? But actually
are they actually Campbell Campbell donoon? Should I say, just
to reintroduce you following the break? Are there adages that
(14:25):
actually mean anything apart from there a cute thing to
say like worst house, best street or something in real estate?
Speaker 6 (14:31):
Yeah, but that's all we use. That's all we can say.
Don't us what are the best?
Speaker 4 (14:36):
What are the best? Sort of cliches and adages?
Speaker 6 (14:39):
First off, is your best off for all that sort
of stuff? Really, No, it's not true.
Speaker 4 (14:42):
It's not true.
Speaker 6 (14:45):
Well, it can be, And that's the problem with real estate.
We don't really know until the contracts signed, until the
deal is done, until the deal's done.
Speaker 4 (14:52):
What you get by with adage from adage to adage, Yep, yep.
I've got a few type of messages before we go
to the calls. Somebody by the way, somebody just wants
somebody said, but ware of the house, and I can't
even I'm not sure I can say this word because
it's naughty, but it's been misspelled. Anyway, they're saying, yeah.
I don't know whether they're talk about the neighborhood or
(15:13):
the actual house, but anyway, can your speaker, oh, can
can Campbell give us his opinion on whether putting this
is slightly unrelated putting solar power into the house would
make it more attractive to buy as I'm thinking of
selling it, says Jill m Oh. That's an interesting one,
and it's quite a topical question. That is a really
good question.
Speaker 6 (15:32):
That's actually a good subject because oh, well, I investigated
this myself recently with a mate who's got a company
that does this. But there doesn't And I may be wrong,
but I don't think there's any government subsidies like they
are in Australia.
Speaker 4 (15:45):
There's cheap interest loans from most banks do green loans.
Speaker 3 (15:48):
Right.
Speaker 4 (15:49):
I've been offered one from an z you know, fifty
grand for one percent for two or three years. Yeah.
Speaker 6 (15:54):
I did the quick math on a piece of favor
and I just maybe not this year. So I'd like
to have it, And particularly in the current climate, you
would be feeling a little small. I've got a little
better about things.
Speaker 4 (16:06):
But I think the interesting point is, now, let's imagine
that this person's about to sell their property but it
hasn't got solar. Would a buyer coming along who's looking
at a two or three houses, I actually think it
would be. It's certainly an asset. I mean, it's something
that you can be proud of. It's a selling point.
Would it be worth I guess the question. If you
(16:28):
want to make your house more sellable, then yes, But
in terms of will it pay for itself and the
purchase price, don't know.
Speaker 6 (16:35):
That's the bottom line for another adage. I mean, yes,
it would make it more sellable because people like to
know they've got it. But it's going to cost you
ten thousand dollars. I don't know what it's going to cost,
but a considerable amount of investment. I would have thought
you're looking at me strangely. You know these costs better
than me.
Speaker 4 (16:51):
No, I know, I've did look into it, and i've
when soon ace, you said ten thousand, I can't remember.
Speaker 6 (16:56):
So I used to again. I used to advise people like,
paint your house. If it costs you six or seven
thousand dollars to paint a house, a small house, Okay,
you're rolling in the eyes.
Speaker 4 (17:04):
It will be twenty grand pens if it's a cashy
or not.
Speaker 6 (17:07):
You know, we don't talk about those sort of things.
Speaker 4 (17:10):
No, I just know that those needs exist.
Speaker 6 (17:14):
So okay, So say you spend ten thousand dollars painting
a house. You would like to think in a normal
market you would get say fifteen grand back. Okay, don't
ask me to substantiate the claim in the math, because
you can't. It's just a gut feel like you'd spend
something like that. But if you do a whole new
kitchen and across your fifty grand, are you going to
get an extra fifty grand back on the price of
(17:35):
your house? You probably not. You hope to get just
this is the end.
Speaker 4 (17:39):
This is a fascinating God. That's a good question from
this text because the reason it is interesting is because
you can have a think about what your power bill
is or isn't going to be, And I don't know
what that's going to Could save you one d and
one hundred and fifty dollars a month? Maybe, I'm not sure.
Maybe even more so, can someone factor that in and going,
we probably afford to pay it more.
Speaker 6 (17:58):
If the caller is saying, will it make my house
more attractive, yes it will.
Speaker 5 (18:01):
Yes.
Speaker 6 (18:02):
If the caller is saying, will it make me more money?
Speaker 4 (18:04):
Don't know. No, I would say for the hassle of
doing it. I don't know if it's I really don't
know what the cost of doing it is. But it's
a really interesting question. They might not get every dollar
back though, No. In fact, they're probably more likely in
a tough market, simply going to make them if they
want to sell, it's just another Yeah, it's another little gold.
Speaker 6 (18:26):
Stuff that my auction has had on. If it's another
bitter at auction, another two bitters at auction, then yeah,
you know you're looking good to get some money back then.
Speaker 4 (18:34):
Okay, So what are you saying? Therefore, how would we
bring your competition to raising all of these questions for
people to chip it on? So how would you sell?
Speaker 6 (18:45):
Well, I'm just saying that if you've got more features
to a house, you should, by definition have a slightly
broader market. So if you use the auction example, that
translates into another bidter hopefully more bidders plural, which will
then translate into more money.
Speaker 4 (18:59):
Hey, actually, we're happy to extend the conversation to that.
Would if you were looking to buy house, would would
the fact that it's got solar wouldn't make a difference?
Or would you be going, Okay, they've got solar, what's
wrong with the rest of us? I mean, that's just
the personality type you asked those questions. Twenty eight and
a half past for also, worst house, best street? Is
(19:19):
it a thing? Was it a thing for you? What
was your philosophy when it came to applying that adage
to the purchase of your home? Twenty eight and a
half past four. As I say, Tim, hello.
Speaker 5 (19:30):
You guys.
Speaker 3 (19:30):
I've probably done maybe twenty five or flash houses over
the years in Tone Bay and in the seven fourth and.
Speaker 5 (19:41):
Ror in that.
Speaker 4 (19:43):
Have you built them? Sorry? Have you built them? Or
you bought and sold them?
Speaker 3 (19:47):
I've done a bit of botex built a light set,
bought and sold a few and it was many years ago.
I don't think the margin's there, just no margin is anymore.
That costs so overd I've done a lot for clients.
The last one I've done it was a renovation of
about four They just just the renovation cost three point
seven million in a good area. It's gotten so extensive
(20:11):
that you know, a three hundred meters house in here
in May you'd be at least, you know, reasonably picked
up of a villa would be at least two million,
but more likely close to three now. And if you're
getting really carried away.
Speaker 4 (20:24):
Where do you blow all the money? And a renovation like.
Speaker 3 (20:27):
That, Ah, just the planning costs is probably two hundred
and fifty thousand to get compliance. It's a heritage building
that might take us into two years. The drawings a
probably cost you one hundred and forty to one hundred
to two hundred thousand.
Speaker 4 (20:41):
I imagine you're shifting a few walls, aren't you.
Speaker 3 (20:44):
Yeah, excavation, you know, if you're putting some of you,
if you're lifting up and putting in the basement underneath it,
that'll be a half million dollars done at a blink.
You know, cost of getting rid of a track full
of clay. They could only do about one and a
half of the any day they have to travel four
hours to get rid of the second costure thirteen hundred
to eighteen hundred is just to get rid of one
(21:06):
lot of dirt.
Speaker 7 (21:07):
That's just.
Speaker 6 (21:09):
So Tim. You know, so, Tim, worst house, best street
are you an advocate of?
Speaker 5 (21:14):
That?
Speaker 3 (21:16):
Used to be not so much anymore unless you can
do the crappiest house in a really good area and
they've got, you know, a seriously monumental budget that you
can just do something out of the ordinary that people
will pay an absolute premium for. But that's sort of,
you know, informally and honest that you said, get three
back on a twelve million dollar house.
Speaker 5 (21:38):
Yeah?
Speaker 4 (21:38):
Actually, are they? I mean in the areas you're mentioning,
imagine there's not much room to sort of do. There's
not too many duops left, are they.
Speaker 5 (21:47):
No?
Speaker 3 (21:48):
I'll tell you where I noticed now though, And I
think that's quite a decent market for good middle to
upper class sort of incomes. I don't mean enough class
and stubby, but you know, upper incomes from people who
do want to make it up great as you sort
of going to joined up houses of these sort of
townhouses things too cutesy, but get yourself six or seven
(22:11):
hundred eight hundred meters and a good area, but not
absolutely I mean a really good area without going to
the absolute nuts one try and get something with still
probably sort of you know, block or solid masonry or something.
And you know, we're a decent roason, of decent jewetry.
And it's been three hundred thousand dollars upgrade and beautifully
(22:33):
inside without going too nuts structurally.
Speaker 5 (22:36):
I.
Speaker 4 (22:38):
Can I give you a cliche, a real estate cliche
that what you've just said, are you talking about get
a place with good bones, yeah, yeah, and the bones that.
Speaker 3 (22:48):
You don't have to rup them too much. You know,
nothing too structural, but you can give it a really
good upgrade and haven't looked quite beautiful and a pretty
good area, the sort of thing you know people on
a good income could afford to mine. I'll be very
happy to live there.
Speaker 4 (23:03):
Actually think, actually what you done as you've narrowed it
down to winter because I've always thought that when people
say worst house, best street, I've never assumed that to
be you're gonna have to bring the builders into a bulldozer.
And you know, and and do major things. I've always
thought that that worst house bit street goes alongside good bones.
Speaker 3 (23:22):
Yeah, good bones in an old villa is still they
have to put cavities and wolves and the virtually uttering
total rebuilds. There's good bones on a good solid brickhouse,
you know, seventies where you might retain the joinery. It
can be not cosmeiic, but good quality with upgrades and yeah,
all coverage and you do get a very nice product
(23:43):
at the good really the rich and big villa jobs.
Speaker 4 (23:47):
Yeah no, hey, thanks thanks Tom. Actually, Tims, I appreciate
you calling mate. Actually that's helped us. I think that
I have to add that other cliche, and I feel
quite smug that I be writing these down. Yeah, I'm
writing them down. You are writing the worst house, best Street.
But there's a caveat you have to have good bones it.
It is a classic real estate pleasure. Oh how often
(24:08):
have you said good bones when you've been selling a property?
Speaker 5 (24:11):
Never?
Speaker 6 (24:14):
Never?
Speaker 4 (24:15):
Okay, right, let's take another call, Ben, Hello, I hang
on a second hand on let me click that again, Ben,
good I.
Speaker 8 (24:21):
Yeah, guys, look just on what that lady said, Like
we've got solar, don't put solar on your house just
to sell it, because no one's going to pay you
an extra fifteen grand at five percent interest rate when
they can just buy the house of fifteen grand cheaper
and then get a green loan with one percent after
they paid the house, after they bought the house. So
(24:42):
don't do it. It's not worth it.
Speaker 4 (24:44):
Really. Are you happy that you've got solar?
Speaker 5 (24:47):
Yeah?
Speaker 8 (24:47):
Yeah, but that's only it's not something that you're going
to pay an extra fifteen grand for when you can
just do it yourself at one percent interest rate after
you brought it and and as simple as that, Like
if you're planning on keeping the house of five ten
years in, sure go hard, but not just to sell
it as well?
Speaker 4 (25:06):
Though, Can I just suggest that the green loan that
you're talking about that is only one percent for how
long and then you've got a.
Speaker 8 (25:13):
It's about three years and that, but you've got four
years depending it's.
Speaker 6 (25:21):
Of fifteen thousand, right.
Speaker 5 (25:25):
Something.
Speaker 6 (25:25):
Yeah, I know it's not much interest, but you're still
spending fifteen grand. Do you see my point?
Speaker 4 (25:31):
You still spent it. Yeah, But I think Ben's argument
would be chipping Ben is that you are sort of
subsidizing that with the savings you're making as well.
Speaker 8 (25:40):
Yeah, well, what I'm saying is I wouldn't pay fifteen
grand more for solar now I've brought it when I
can just buy it and then spend fifteen grand afterwards
and only pay one percent interest instead of five or
six percent interest. So it's not worth it.
Speaker 4 (25:57):
Just what we've got. Yeah, why did you get soler?
Speaker 8 (26:02):
We hit a lot of power cuts and then also
because I lived in the christ reach oufter the earthquake,
so it was yeah, but that look, hours has paid
for itself. Now we're on we're into year seven. That's
paid for itself and put power bill down to Yeah,
probably around about one hundred dollar marks.
Speaker 4 (26:21):
So yeah, and that's cold christ Church winter.
Speaker 8 (26:26):
I guess, well, the average is out to be about
one hundred bucks a month. You know, during the summertime
you're always in credit. During the winter time it's a
little bit more. And it just used that credit. The
averages out to be about one hundred bucks a month.
Speaker 6 (26:37):
Tim was that fifteen grand a few of Ben? Sorry,
that's right, Ben? Was that fifteen grand a few years ago?
Speaker 4 (26:45):
What was the price?
Speaker 5 (26:46):
Yeah?
Speaker 4 (26:46):
There was, and so that was that was.
Speaker 8 (26:51):
It would have been in the twenty nineteen. Ok so
you keep coming up so the news.
Speaker 4 (26:56):
Well, hey, by the way, what are your power bills
before that?
Speaker 8 (27:00):
Roughly on average, roughly about three three fifteen, paying about
six hundred for the same these days.
Speaker 4 (27:09):
Okay, so you've saved yourself. You saved yourself about two
or three grand a year.
Speaker 8 (27:15):
Yeah, I would say about maybe three and a half.
Speaker 4 (27:17):
Yeah, okay, good stuff. Thanks mate. It's a which your
power bill, my power Oh you should know. No, I
don't really know.
Speaker 6 (27:26):
That's bad. It's like a politician.
Speaker 4 (27:29):
No, No, I know because I looked at it recently
and it wasn't it generally around the two undred dollar
mark either side of it. In fact, I'm this is
I won't digress too much, but just in thirty seconds.
I did a price I once got sick of the
bill I was getting from Mercury, and I thought we
(27:50):
were paying an absolute arm and a leg I did
one of those. There was a service you could do
a few years ago as a price comparison, and it
said you need to switch to Meridian and my power
bills the floor dropped out of the bills. It was
markedly different, and I don't understand how I got such
a better deal. I'm writing that day, And I mean
(28:11):
there'll be other people who will complain about the companies
in reverse. But the deal that I got was I
think I saved probably about two and a half thousand
bucks a year just by changing companies.
Speaker 6 (28:21):
Mine's two hundred and eighty dollars approximately, And I'm never there.
Speaker 4 (28:23):
Oh, you probably spend half an hour in the shower
and then you know you've got all the lights on
the mirror.
Speaker 6 (28:31):
Oh, you know me so well.
Speaker 4 (28:34):
I don't know. I don't think that you came here
to be mocked and made fun of, but I appreciate
your attitude to it. We're with Campbell Deonoon. We want
your cause that the initial quick question that we talked
about was a west house, best Street. If that is
a rule, are there other rules that go alongside it
that I say with cliches. And we're going to get
onto AI and marketing and things as well. But we
(28:57):
have had someone interrupted by just sending us that question
around solo, and we've had a truckload of correspondence on that,
which we will dig into as well, because it is
a topical conversation, because well we know it's been going
on with oil and prices and power and all that
sort of thing. So yeah, we'll get into that a
little bit as well, But right now we're going to
(29:18):
take a moment. It's twenty one and a half minutes
to five. You know the number eight hundred and eighty
ten eighty news stalk sa'd be This is one roof
radio show. Campbell DeNoon is my guest. We've been talking
about solo. Get into some of the other texts we've
had along here. Always buy a house in the in
the best area you can afford as a goodie from
an I think that's worst house, best street, yeap, So
look for the area first. Somebody else has said a
(29:41):
decent Nigel reckons a decent I think this must be
a pretty bougie solar system. He reckons. A decent solar
system is forty fifty thousand with battery and little costs
for power except line charges were not fifteen k just
about power you shower, wouldn't it? And rhymes as well,
So beautiful. Let's take some more calls. John, Hello, Oh.
Speaker 7 (30:00):
It's Sean here. Yes, Hi, Now I can tell you
the actual figures for all of us. You're you're beating
around the bush at the moment. That's what we've got
right right now. I've got a neighbor, Nick and Bernadette,
and they have just they have just completed a contract
with Fisher and Pikel They are putting in a system
(30:21):
for them. And we have been talking to a solar
company as well. So so, look, this is a situation.
We've got an electric car. It's a Kia EV six,
so it's quite big battery. Yeah, yeah, we had a
three Look I'm not doing a commercial. Well we had
that car three years. It's wonderful. It's just amazing. No, No,
(30:47):
my wife had a ans In Leaf for five years
and that was great as well. No trouble.
Speaker 6 (30:54):
Going.
Speaker 4 (30:55):
Okay, let's give us the good right, Okay.
Speaker 7 (30:57):
The goods are this. To get to get a solar
system that you'll be able to charge your your electric
car and to run everything in your house, you'll need
about twenty five solar panels and you'll need a solar
battery at least. You see, if you don't have a
solar battery, it means that you can only use the
(31:19):
solar power during the day, which if you work, that's
not always very convenient. So if you want if you
want a system that will power everything in your house,
you're looking at.
Speaker 4 (31:28):
Something where you can basically go off grid.
Speaker 7 (31:32):
Well almost, yes, like in the winter you might struggle
on but right, you're talking about thirty to thirty five
thousand dollars. Okay, yeah, you'll.
Speaker 4 (31:47):
Insuitatively make sense. And I guess that raises the question
John is to because I think some people get it
to they're not expecting to be completely unreliant. No, but no,
expect you to take the brunt of the heavy lifting.
Speaker 7 (32:01):
No, that's right, And the electric car makes a reasonable
chunk as well. Your big cost, of course is your
electric batteries. You know, you're talking twelve forteen thousand dollars,
but that makes that gives you so much more flexibility.
Now on the other side of the coin, and the
payback is about seven.
Speaker 5 (32:21):
To eight years, okay, seven to eight years, seven to.
Speaker 7 (32:25):
Eight years, years years, seven to eight years, that's the
payback so on the average household. Now our house, we
bought it through Ray White, Helene Brownlee, and I spoke
to Helen and said, if we put this this is
not a commercial.
Speaker 4 (32:42):
Is just a bunch of commercials.
Speaker 7 (32:45):
No, I'm just validating I'm just validating. I'm not talking
about from a position of total ignorance on this.
Speaker 4 (32:52):
Yeah, you're giving yourself credibility, right right, that's.
Speaker 7 (32:57):
That's that's alone.
Speaker 2 (32:58):
Now.
Speaker 7 (32:58):
When I spoke to her, I said, if we put
the solar system in this house, will I get more
for it when I sell it to them the current climate? No,
But that was before the strait of home as and
so everything's changed slightly.
Speaker 5 (33:11):
Yes, well, yes, I think.
Speaker 4 (33:14):
It probably still holds. But hey, John, I do appreciate
your call there.
Speaker 6 (33:18):
Yeah, I'm thinking about that return on seven years, because
if you're spending thirty five grand for a system, regardless
of any cheap interest rate, and you're saving what two
hundred dollars a month?
Speaker 4 (33:29):
I forgot to ask John. Actually, John's still there, John,
how big is your house?
Speaker 7 (33:36):
We've got four bear dreams, We've got a flat under
the house which is all on the same power. And
so yeah, but look, there is the one thing that
no one's talking about here, and that is that as
a species, we can't keep burning fossil fuel. We have
to do these sorts of things.
Speaker 5 (33:52):
We just have to do it.
Speaker 7 (33:53):
It's not a question.
Speaker 5 (33:55):
And that's the good.
Speaker 7 (33:57):
Side that we as a species, we should be trying
to get into renewable sources and the government and now
thes are doing it a long Yeah, we really should
be and the government should be helping people do it.
So do you know we spend more than ten billion
a year importing oil. We could cut two thirds of
(34:18):
that out.
Speaker 5 (34:19):
Yeah.
Speaker 4 (34:19):
Oh well, hate John. I appreciate you call, mate, and
you know, thanks very much. I'm just wondering, you know,
he said, there's I can't remember what there was, an
expression of using I'm thinking he'll be sending a bill
to Kia to company. Yeah, yeah, thanks for your call, John.
Speaker 6 (34:36):
I'm still looking at that thirty five grand that.
Speaker 4 (34:39):
Seven or eight years. No, that means you're paying five
grand a year in power bills and so that's not
quite working out. Although that's what he didn't mentioned. He
had a flat, so maybe that's a separate power bill,
so I don't know.
Speaker 6 (34:52):
But anyway, but the buying cost of thirty five grand,
that's that's a barrier.
Speaker 4 (34:56):
Yeah, somebody else. Look, actually, I have people I know
who've they live living on Wahiki in your development, and
they're all their powers totally off gred. Yeah, so they
have to have enough panels. And I'm trying to remember
how many panels I saw when I visited. It was
quite a few, but not it wasn't as yea, and
they were very well placed.
Speaker 6 (35:14):
But my power goes out on a regular basis up north,
I would say four or five times a year.
Speaker 4 (35:19):
Every time you hop in the shower and get out
of it and the lights come on, the people at
National Grid go preening again.
Speaker 6 (35:28):
Sorry, some ridiculu of the car and the way in
on this.
Speaker 4 (35:32):
I tell you what I do, need to take the break.
And we haven't even gotten the AI and we consume
were running out of time, but we actually we'll quickly
just do have a call with Phil.
Speaker 5 (35:41):
Hello, good buddy, here going good.
Speaker 8 (35:44):
Thanks, yeah, good listen.
Speaker 5 (35:46):
I'm just listening with interest that you're this soul of business. Now.
I've just come across from Oz Queensland about three or
four or five months ago. And the house we had
we lived in about four hours drive north of Brisbane.
But the house we had had that we put ten
and a half killer wats of solder on the roof.
We had ten lots of batteries in the garage, and
(36:07):
we had a three hundred liter sold the hot water
system put on the roof all within a few months.
Now that cost us a grand total of twenty five
thousand dollars.
Speaker 4 (36:16):
Yeap.
Speaker 5 (36:18):
Why does it cost so much here? That's the question.
Solar is, obviously and inevitably it's the very very best
way to go. It's it's it's cheap, it's it's it's
easy to use, and it doesn't cover everything. I mean,
it's even ten killer wat's on a high usage home
still runs out in the early hours of the morning.
But our bills, well, we weren't getting bills. We were
(36:40):
actually making money. We were making about two and a
half three grand a year in a power company bank account. Oh.
Speaker 4 (36:48):
In fact, maybe that's why they say you pay it off,
because you actually, if you're producing enough power to sell
it back to them, you're getting.
Speaker 5 (36:54):
That's exactly right. So, yes, that's exactly right. Now we
pay cash for ours, so that's that's slightly different. However,
why I guess the crust that is way so much here?
Speaker 4 (37:07):
What's what's what do cash? We paid cash? What do
you mean you did a cashi for your solar?
Speaker 5 (37:13):
Yeah, you just you just pay for it, you buy it.
Speaker 4 (37:15):
Now, how Australian. I'm just kidding. No, I mean when
you say cash, it usually means under the table. No
one's declaring anything, no, no, no, no.
Speaker 5 (37:23):
I mean you just you just pay, you know, you
transfer the money from the bank to the other one.
Speaker 4 (37:27):
But the.
Speaker 5 (37:30):
Why why does it cost have that exact same system
that I had in Australia? Why does that cost.
Speaker 6 (37:35):
Fifty because everything costs more here?
Speaker 5 (37:38):
Yeah, I'm sorry no, but that's that's that's wrong, because
that the even with a fifteen percent GST, it's only
five percent GST more than you pay than Australia. So
natural fact, the twenty five thousand dollars should have amounted
to No here should amount to no more than thirty
thousand dollars.
Speaker 4 (37:55):
Yeah, I don't know, Phil, And that's I don't know.
That's a conversation for another day cause of because we've
got to go to the breaks the property the week
coming up.
Speaker 6 (38:05):
We do, and it's we use a lot of power.
Speaker 4 (38:09):
That would use a huge amount of power, not to
mention the cleaning cost for that pool. But anyway, we're
going to be unveiling the property of the week in
just a moment. It is nine minutes to five News Talks.
Speaker 1 (38:18):
He'd be the one roof property of the week on
the Weekend collective.
Speaker 4 (38:24):
Yes, the one roof property of the week. If you
want to jump on your Google it is eighty five Goodland,
good Land, Goodland, Goodland, whatever, gad L A and D drive,
dairy Flat, Rodney. It's a bigin. It's seven bedrooms, six bathrooms,
three car garage. I was expecting five, to be honest.
The house is I must need a drum roll for this.
(38:44):
It's just under nine hundred square meters and land of
three thy three hundred square meters, built about twenty years ago.
Speaker 6 (38:52):
And the.
Speaker 4 (38:54):
It's an interrant to describe. It's got a pool, it's
got a it looks like it's got a sauna. It's
you know, it's a beautiful property of twenty It's a
twenty five meter door heated swimming pool. Bang for buck.
If you had six million, you're getting a lot of
house for your buck and a lot of land. Yeah.
Is it best house? Worse? Is it best house, best
(39:15):
street or best house in an indifferent area. I don't
know what do you think of the property, because there
are a couple of things that to me also sort
of said the word ostentatious. It's too big for me.
Did you check what's the bathroom?
Speaker 6 (39:30):
Like, there's six bathrooms, so that's going to be to
the other. Yeah. Look, it's massive, it's huge, lots of
land got in the old and the old scart. It's
only ten thousand square feet of house, so that's much
bigger than that. You've got the pool, You've got the
gear swing, so you or you needs a helicopter pad
and you've probably set it might even have that.
Speaker 4 (39:52):
I was actually I need to I can't see if
there's a helicopter pad. My No, I don't think there is.
But you just land in the pa a lot of
Now you land in the paddock.
Speaker 6 (39:59):
Yeah, you've got on the front lawn, yeah, the front lawn.
Speaker 4 (40:02):
Yeah.
Speaker 6 (40:02):
But there are a lot of big houses out that way,
so it sort of I wouldn't say it's a normal
house in Dairy Flat by any means, but there are
sizable properties out there in section.
Speaker 4 (40:14):
I think it's a planned development because it says here
the safe environment of the Goodland country Estate. I don't
know if the country estate reflects that particular property or
a bunch of others. And it's got a separate two
bedroom guest house. Look, it's massive, it's a bit flash.
Speaker 6 (40:28):
Solar heating, solar power.
Speaker 4 (40:30):
I think when you've got six million, the questions not
so much about the house. The question for me is
just about where you want to live. If you want
to live in the country, then get into it. It's
got to pull everything there you go. So that is
the one roof property of the week. That is eighty
five Goodland Drive, dairy Flat and Rodney. I would like
to think you had your own helicopter to get around
and for that, but I think you should. Yes, indeed.
(40:52):
Well but all those bathrooms, six bathrooms, you just spoort
for choice, aren't you. Hey, look, God, we've got to
go Campbell, will we do?
Speaker 6 (40:59):
And I'm looking to see you for a while. Oh
I'm taking a little leave of absence.
Speaker 4 (41:02):
We'll have a great time in Europe, in Paris. Anyway,
we'll be back. So we'll be back shortly with the
parent Squad.
Speaker 1 (41:11):
For more from the Weekend collective, listen live to news
Talk ZB weekends from three pm, or follow the podcast
on iHeartRadio.
You're listening to the Weekend Collective podcast from News Talks B.
Speaker 2 (00:16):
If you like to go, I tell you you went loony.
Tell those rested claim he says glee.
Speaker 3 (00:38):
The only gun is the as speeds the spaces.
Speaker 4 (00:44):
Yes, welcome back to the Weekend Collective. We love a
gentle ballad to ease into our next hour, A little
bit of Motorhead with asis spades. I never actually must
say I do love a little bit of you know,
I love a bit of the old hard rock to
get us into each our. My producer Tyra will tell
you sometimes if I need a GP, it's like, oh God,
just put on some even metal, will you? Anyway that
that that peace was the choice of my next guest,
(01:07):
guest whom I'm about to introduce for this the One
Roof radio show, where, of course this is the from
now on, we want your calls. I eight hundred eighty
ten eighty. We want you to join the conversation. We
invite you to should I say so, I eight hundred
eighty ten eighty in text nine two nine two, and
a couple of things we're going to dig into. Firstly,
the I sort of initially thought of this as champagne
(01:29):
taste be a budget type of thing, But really what
I meant to be thinking about was is the worst house,
best street still a thing? So it's ancient advice. You know,
people would say, oh, you always go for the worst
house in the best street rather than buy the nice
new one in a crappy area. But then again you
might be you know, maybe people are looking at you
(01:50):
know what I don't. You know, the area is sort
of important, but what's important to me is when I
step inside the front door, you know, everything's new, nice
fresh carpet, beautifully designed place, fresh furniture and everything. So
what do you What did you go for when you
looking for your property? And you might look at it differently,
whether it's for your home yourself or as an investment,
(02:12):
because that might be something what a tenants look for,
and the tenants look for, you know, the best that
you know they want to go and live in in
a crappy house but in a really lovely, posh street.
I'm going to say I'm a little bit worst house,
best Street because and that wasn't necessary by design, but
we were drawn to a particular neighborhood and ended up renting,
(02:33):
and then we bought the place where were renting and everything.
So we're a little bit worst house, best Street, but
we like to think it's not the worst. Now we
like to think we've improved it a bit. But yeah,
that does divide between what's considered good or bad streets.
Is it as obvious as it once was given? Of course,
if you're going to go worst house, best Street, it's
not exactly the cheapest thing to renovate, So worst house,
(02:53):
best Street. And we're going to dig into that, and
we would love your cause on that. But also a
couple of other things we're going to touch on is
the advent of AI. But now there's a bit of
a thing.
Speaker 5 (03:05):
Yea.
Speaker 4 (03:05):
AI is being used to maybe add a bit of
grass where there really isn't any, or make the grass
a little bit greener to the dead stuff that's there.
How much can you trust, you know, making the grass
a bit greener with AI? Do you rely on the photos?
I mean, can you rely on the photos? And also
we might dig into why we talking about the marketing
(03:27):
of a property, because it's all about, as I mentioned,
somewhat uncharitably, trying to put a bit of a gloss
on a turd. Sometimes but some of the best cliches
in real estate will dig into it. And who better
to dig into these questions than well, he's a property commentator.
But what hasn't he done in property? I would hesitate
to venture a guest because he's probably done at all,
(03:48):
I think. And it's Campbell DeNoon. Hello Campbell, how are
you going? Scond? Let me, I'll hit the button. Here
we go.
Speaker 6 (03:53):
I'm going well to good to be back to him.
Speaker 4 (03:58):
Actually tell people for those because I'm not introducing you
as from a particular res estate company or having held
of different different positions. But what have you what haven't
you done in real estate? Or is it better to
say what have you done? What's what's your bag?
Speaker 5 (04:10):
Look?
Speaker 6 (04:11):
I think I have done it all. My first job
in real estate in Melbourne was property management, residential property management,
commercial property management.
Speaker 4 (04:18):
Did you fall into that or did you jump into
it with alacrity?
Speaker 6 (04:21):
I just did it to get some money to go
back overseas, so I kind of fell into it. But
I liked it and did all right, and got into
sales and did better at that. Became an auctioneer on
the on the advice of a mutual friend of ours
from Fremantle and yeah, and then a few years later
found myself in New Zealand.
Speaker 4 (04:41):
Make it sound like an accident. You just you walk
into the airport and stumble up to the counter and
awhere of the plane's going.
Speaker 6 (04:50):
This is a good story. I was actually brought over
by one of your guests that you have on the show.
Speaker 4 (04:54):
Really, yes, he.
Speaker 6 (04:55):
Brought me over.
Speaker 4 (04:57):
I think I might almost know who they are, Martin, Oh,
Martin from Martin Martin Cooper Cooper Ye responsible for me
being over here. Oh well, okay, I must have a
word with them about it. Yeah. Hey, So what's what's
been the job you've enjoyed the most?
Speaker 6 (05:13):
Ah, good question. Look, I've enjoyed many of them. I
worked for ten years with Peter Thompson and Barfoot Thompson
running their auction division. That was great. I worked to
Bailey's that that was really good too, that the feelings
auction would be from.
Speaker 4 (05:26):
Well, yeah, it's it's.
Speaker 6 (05:29):
Look, it really makes the day. When you get up
in front of people, you're always nervous, but that quickly
dissipates when you start doing the numbers and you start
getting people to go through and be increasingly higher and higher.
Speaker 4 (05:40):
We've got Martin on next week. I know you'd be
quite a good double act, you guys, actually, And he
gave me.
Speaker 6 (05:47):
Some advice once Martin when I lost my temper because
I came over here very Melbourne. This is going back
two thousand.
Speaker 4 (05:55):
One of those brash astronia.
Speaker 6 (05:56):
Yeah, yeah, yeah, I knew it all and all that
sort of thing. And I was doing quite well. I
was helped open the Devenport office, and I was making
a lot of sales, and I think I was in
the top five out of his whole company within three months.
And he called me into head office and I thought, oh,
this is great. I'm going to get a bonus, get
a tat on the back, and you know, this is
really good. And I get in there and he closes
(06:17):
the door behind me, and he just started waffling on
in a very nice way. And he used the analogy,
I guess of the reed and the wind, how it
would bend one way and then when the wind turns, Campbell,
you have to bend the other way. And it was
his confoluted way of telling me that nobody liked me
and that I was upsetting my colleagues.
Speaker 4 (06:41):
And you realized you had been told off at the time.
We just walk out and go ah, I think he
was telling me.
Speaker 6 (06:49):
It took me about ten minutes for it. Martin just
get to the point, and he did. But I always
respected him for it because he took a really gentle approach.
I guess I was in those days because I'm much
more mature and calmer.
Speaker 4 (07:00):
Now as I say, He's on next week. But hey, now,
worst House, Best Street? Are there adages and property and
this is the one we want to go for. Actually,
my producer has said she Tyra reckons she well and
truly has the worst house on the best street. And
it was so much the worst house on the best
street that when they bought it and started to work
(07:22):
on it, the neighbors came over to thank her. So
I mean, that's almost like I really did go worst House,
Best Street.
Speaker 6 (07:31):
Well, it was always the way of just getting into
a great neighborhood or getting into a great street. You
paid the least amount of money possible by definition buying
the worst house within reason, So that got you into
an era. And that could have been a gramozon, that
could have been anything. Or you were a handy person
type of person you wanted to build and good luck
with that. I don't know if it's as solid anymore
(07:53):
as it used to be.
Speaker 4 (07:54):
Is that because we've seen I'd love to hear from
you on this, by the way, if you want to
join the conversation. Oh, eight hundred and eighty ten eighty
Is that a good rule in real estate? Or was
it a good rule in real estate? And the guess
I'm going to make now is that we've seen so
much gentrification and we've seen it, you know, I think
in the last twenty years an energy and to real estate,
which has seen a lot of people by the door uppers.
(08:16):
And are there many door uppers left? I guess the
question I'm not going to wander into Queenstown, Hell am
I no? And go okay, show me the rundown shackle
sort of house that I can do something with because
they're all mint Well.
Speaker 6 (08:30):
The problem you've got is that if I always used
to say, when the market has got reasonably strong, and
you had two houses, one beautifully done up, one total
do up, proportionally, the do up would cost you more
because everybody was fighting for it to get to that
house to do it up. And you add on the
costs and the delays and the planning fees, et cetera,
et cetera, and suddenly you've actually paid more. And I
remember a few years ago now, I was advising people
(08:52):
to listen. If you've found a house, it takes nine
out of ten boxes and it's all done for you.
Have a serious look at that as opposed to getting
something to work on, because it's going to take longer,
it could blow the budget. You've got the frustrations.
Speaker 4 (09:05):
I think you are saying that worst house Bear Street
is not a thing in your view.
Speaker 6 (09:09):
I think you need to be careful. You've got to
have the right reason to do it, like you school
zones or whatever, or land banking, Like you live there
and you'll live moderate have would you say you would
live comfortably but not at the top and just wait
for the market to improve.
Speaker 4 (09:27):
Yeah, at our house for instances, Look, we live in
a one of four units. When I say unit, it's
quite a substance. It's one hundred and eighty square meters
up and down. It's big. Yeah, so yeah, I mean
it's it's ten by nine meters, but two levels. That
includes you know, we've created a couple of rooms downstairs
(09:47):
and a couple of car parts. But we still have
naked jib in the hallway because the idea I'm thinking, oh,
that looks tricky. I don't know how they got up
there now I think of it because I was put
behind that. And yet we haven't plastered or painted it yet.
And there are a few other things. In fact, my
wife's listening, she'll be sort of tapping her fingers like
(10:07):
mm hmm, yeah, when are we going to get onto that?
But I don't have any regrets about even the fact
that we still have more work to do on it,
because when I roll out of the door and I,
you know, if I want to go for a bike
ride or something, I'm literally eight seconds from Tamaki Drive.
And so for us, even though you know we have
(10:29):
some work to do on it, and we have done
a lot of work on it, I mean.
Speaker 6 (10:33):
I couldn't do it. I'm just you give me a
hammer and I'll look at the hammer and go, Now
what you know, I'm just.
Speaker 4 (10:38):
Not gootube videos now.
Speaker 6 (10:39):
Yeah, yeah, and absolutely, and i'd probably use that to
my own detriment really stuff it up. But no, I'm
quite happy if I can afford it to pay somebody
to do a good job and do it work.
Speaker 4 (10:50):
Okay, So if you had a budget for something yourself
and you're looking for a house to live in, how
would you make the balance core between good enough to
live in versus this is the area I really want A.
Speaker 6 (11:03):
Stage of life I think impacts a few young and
you're in your thirties and twenties or whatever year, you
can live in a shack pretty much. Or I used to,
so now I couldn't do it. I think it comes
back to what I said before. If most of the
boxes are ticked and everything else is falling into place,
you're never going to find the perfect property in any respect.
Speaker 4 (11:20):
So funny thing is, I think my house is the
perfect property for you. Yeah. Yeah, I actually think it's
the perfect property. In fact, if we ever sell it,
I'll be like that the perfect property. Yeah, as long
as you can overlook a few I'll probably have to
jore you and say we need a few, you know,
real estate metaphors. That's an interesting one. So you would
(11:42):
be so, okay, how would you how much would you
prioritize the area?
Speaker 5 (11:47):
Well?
Speaker 6 (11:47):
For me, okay, and I want you to be subjective,
it's about yeah, yeah, yeah, for me, the area is
very important. The house has got to be fine, The
house has got to be comfortable. The house has got it.
As I said, tick most of the boxes. But the
area is where I want to live. And you're buying
into a community. You're buying into a street, into a neighborhood.
So when I first look at an area, I say, right,
this is where in Auckland or wherever I am, this
(12:08):
is where I want to live. Now I've got to
find a house I can afford and that I want
to buy. I've met a lot of people who actually say, well,
I don't care as long as it's in the North
Shores somewhere, and I want a four bedroom, brand new
house and four bathrooms, and they'll they'll live anywhere as
long as that's well.
Speaker 4 (12:25):
People who live on the shore would say, good, that's
that sounds like good attitude, because we're sure is magic.
Speaker 6 (12:30):
Yeah. Well that's where I started work with mister Cooper
as we know, Hey, look, we'd.
Speaker 4 (12:35):
Love to hear from you on this on e one
hundred and eighty ten and eighty. Look, the initial question
is you know, what do you think when it comes
to making a choice. Is the adage you've got to
buy the worst house in the best street. Is that
something only if you are prepared to do the work
on it, or do you think that's actually a good
rule to get into your first house? Or do you
(12:56):
think you know because I look, I'll be honest. I
looked at a few places when I was driving with
my girls the other day, and there there are a
lot of townhouses popping up, and the townhouses themselves, you
would walk them to them, and you think, this is
this is great, this is beautiful. But the area I thought,
aren't we lucky where we live? So I'm obviously a
(13:17):
worst house, best streets sort of guy.
Speaker 5 (13:19):
But what are you do?
Speaker 4 (13:20):
You just want something that has that kitchen that has
all the nooks and crannies covered. You want all the
appliances and fresh paint and nothing to worry about? Is
that your priority? What do you reckon? Eight hundred eighty
ten eighty text nine two nine two and you can email.
Oh no, we're not doing email for talkback. It's talk back, okay,
(13:42):
So give us a call. My guest is Campbell DeNoon.
What hasn't he done in real estate? I don't know,
but we'll we'd love to take your calls. We've got
lots to dig in to as well, because there's the
whole question around how your market a property and what
AI is doing in this space and does it will
it end up eroding the trust in pretty much every
listing because it's all been spat up by a computer.
(14:04):
Eight hundred eighty eight text nine to nine two. It's
twenty and a half past four. News Talk said B.
News Talk said, B. Yes, this is the one with
radio show. We'd love your calls as well. Eight one
hundred t and eighty worst House, best Street? But actually
are they actually Campbell Campbell donoon? Should I say, just
to reintroduce you following the break? Are there adages that
(14:25):
actually mean anything apart from there a cute thing to
say like worst house, best street or something in real estate?
Speaker 6 (14:31):
Yeah, but that's all we use. That's all we can say.
Don't us what are the best?
Speaker 4 (14:36):
What are the best? Sort of cliches and adages?
Speaker 6 (14:39):
First off, is your best off for all that sort
of stuff? Really, No, it's not true.
Speaker 4 (14:42):
It's not true.
Speaker 6 (14:45):
Well, it can be, And that's the problem with real estate.
We don't really know until the contracts signed, until the
deal is done, until the deal's done.
Speaker 4 (14:52):
What you get by with adage from adage to adage, Yep, yep.
I've got a few type of messages before we go
to the calls. Somebody by the way, somebody just wants
somebody said, but ware of the house, and I can't
even I'm not sure I can say this word because
it's naughty, but it's been misspelled. Anyway, they're saying, yeah.
I don't know whether they're talk about the neighborhood or
(15:13):
the actual house, but anyway, can your speaker, oh, can
can Campbell give us his opinion on whether putting this
is slightly unrelated putting solar power into the house would
make it more attractive to buy as I'm thinking of
selling it, says Jill m Oh. That's an interesting one,
and it's quite a topical question. That is a really
good question.
Speaker 6 (15:32):
That's actually a good subject because oh, well, I investigated
this myself recently with a mate who's got a company
that does this. But there doesn't And I may be wrong,
but I don't think there's any government subsidies like they
are in Australia.
Speaker 4 (15:45):
There's cheap interest loans from most banks do green loans.
Speaker 3 (15:48):
Right.
Speaker 4 (15:49):
I've been offered one from an z you know, fifty
grand for one percent for two or three years. Yeah.
Speaker 6 (15:54):
I did the quick math on a piece of favor
and I just maybe not this year. So I'd like
to have it, And particularly in the current climate, you
would be feeling a little small. I've got a little
better about things.
Speaker 4 (16:06):
But I think the interesting point is, now, let's imagine
that this person's about to sell their property but it
hasn't got solar. Would a buyer coming along who's looking
at a two or three houses, I actually think it
would be. It's certainly an asset. I mean, it's something
that you can be proud of. It's a selling point.
Would it be worth I guess the question. If you
(16:28):
want to make your house more sellable, then yes, But
in terms of will it pay for itself and the
purchase price, don't know.
Speaker 6 (16:35):
That's the bottom line for another adage. I mean, yes,
it would make it more sellable because people like to
know they've got it. But it's going to cost you
ten thousand dollars. I don't know what it's going to cost,
but a considerable amount of investment. I would have thought
you're looking at me strangely. You know these costs better
than me.
Speaker 4 (16:51):
No, I know, I've did look into it, and i've
when soon ace, you said ten thousand, I can't remember.
Speaker 6 (16:56):
So I used to again. I used to advise people like,
paint your house. If it costs you six or seven
thousand dollars to paint a house, a small house, Okay,
you're rolling in the eyes.
Speaker 4 (17:04):
It will be twenty grand pens if it's a cashy
or not.
Speaker 6 (17:07):
You know, we don't talk about those sort of things.
Speaker 4 (17:10):
No, I just know that those needs exist.
Speaker 6 (17:14):
So okay, So say you spend ten thousand dollars painting
a house. You would like to think in a normal
market you would get say fifteen grand back. Okay, don't
ask me to substantiate the claim in the math, because
you can't. It's just a gut feel like you'd spend
something like that. But if you do a whole new
kitchen and across your fifty grand, are you going to
get an extra fifty grand back on the price of
(17:35):
your house? You probably not. You hope to get just
this is the end.
Speaker 4 (17:39):
This is a fascinating God. That's a good question from
this text because the reason it is interesting is because
you can have a think about what your power bill
is or isn't going to be, And I don't know
what that's going to Could save you one d and
one hundred and fifty dollars a month? Maybe, I'm not sure.
Maybe even more so, can someone factor that in and going,
we probably afford to pay it more.
Speaker 6 (17:58):
If the caller is saying, will it make my house
more attractive, yes it will.
Speaker 5 (18:01):
Yes.
Speaker 6 (18:02):
If the caller is saying, will it make me more money?
Speaker 4 (18:04):
Don't know. No, I would say for the hassle of
doing it. I don't know if it's I really don't
know what the cost of doing it is. But it's
a really interesting question. They might not get every dollar
back though, No. In fact, they're probably more likely in
a tough market, simply going to make them if they
want to sell, it's just another Yeah, it's another little gold.
Speaker 6 (18:26):
Stuff that my auction has had on. If it's another
bitter at auction, another two bitters at auction, then yeah,
you know you're looking good to get some money back then.
Speaker 4 (18:34):
Okay, So what are you saying? Therefore, how would we
bring your competition to raising all of these questions for
people to chip it on? So how would you sell?
Speaker 6 (18:45):
Well, I'm just saying that if you've got more features
to a house, you should, by definition have a slightly
broader market. So if you use the auction example, that
translates into another bidter hopefully more bidders plural, which will
then translate into more money.
Speaker 4 (18:59):
Hey, actually, we're happy to extend the conversation to that.
Would if you were looking to buy house, would would
the fact that it's got solar wouldn't make a difference?
Or would you be going, Okay, they've got solar, what's
wrong with the rest of us? I mean, that's just
the personality type you asked those questions. Twenty eight and
a half past for also, worst house, best street? Is
(19:19):
it a thing? Was it a thing for you? What
was your philosophy when it came to applying that adage
to the purchase of your home? Twenty eight and a
half past four. As I say, Tim, hello.
Speaker 5 (19:30):
You guys.
Speaker 3 (19:30):
I've probably done maybe twenty five or flash houses over
the years in Tone Bay and in the seven fourth and.
Speaker 5 (19:41):
Ror in that.
Speaker 4 (19:43):
Have you built them? Sorry? Have you built them? Or
you bought and sold them?
Speaker 3 (19:47):
I've done a bit of botex built a light set,
bought and sold a few and it was many years ago.
I don't think the margin's there, just no margin is anymore.
That costs so overd I've done a lot for clients.
The last one I've done it was a renovation of
about four They just just the renovation cost three point
seven million in a good area. It's gotten so extensive
(20:11):
that you know, a three hundred meters house in here
in May you'd be at least, you know, reasonably picked
up of a villa would be at least two million,
but more likely close to three now. And if you're
getting really carried away.
Speaker 4 (20:24):
Where do you blow all the money? And a renovation like.
Speaker 3 (20:27):
That, Ah, just the planning costs is probably two hundred
and fifty thousand to get compliance. It's a heritage building
that might take us into two years. The drawings a
probably cost you one hundred and forty to one hundred
to two hundred thousand.
Speaker 4 (20:41):
I imagine you're shifting a few walls, aren't you.
Speaker 3 (20:44):
Yeah, excavation, you know, if you're putting some of you,
if you're lifting up and putting in the basement underneath it,
that'll be a half million dollars done at a blink.
You know, cost of getting rid of a track full
of clay. They could only do about one and a
half of the any day they have to travel four
hours to get rid of the second costure thirteen hundred
to eighteen hundred is just to get rid of one
(21:06):
lot of dirt.
Speaker 7 (21:07):
That's just.
Speaker 6 (21:09):
So Tim. You know, so, Tim, worst house, best street
are you an advocate of?
Speaker 5 (21:14):
That?
Speaker 3 (21:16):
Used to be not so much anymore unless you can
do the crappiest house in a really good area and
they've got, you know, a seriously monumental budget that you
can just do something out of the ordinary that people
will pay an absolute premium for. But that's sort of,
you know, informally and honest that you said, get three
back on a twelve million dollar house.
Speaker 5 (21:38):
Yeah?
Speaker 4 (21:38):
Actually, are they? I mean in the areas you're mentioning,
imagine there's not much room to sort of do. There's
not too many duops left, are they.
Speaker 5 (21:47):
No?
Speaker 3 (21:48):
I'll tell you where I noticed now though, And I
think that's quite a decent market for good middle to
upper class sort of incomes. I don't mean enough class
and stubby, but you know, upper incomes from people who
do want to make it up great as you sort
of going to joined up houses of these sort of
townhouses things too cutesy, but get yourself six or seven
(22:11):
hundred eight hundred meters and a good area, but not
absolutely I mean a really good area without going to
the absolute nuts one try and get something with still
probably sort of you know, block or solid masonry or something.
And you know, we're a decent roason, of decent jewetry.
And it's been three hundred thousand dollars upgrade and beautifully
(22:33):
inside without going too nuts structurally.
Speaker 5 (22:36):
I.
Speaker 4 (22:38):
Can I give you a cliche, a real estate cliche
that what you've just said, are you talking about get
a place with good bones, yeah, yeah, and the bones that.
Speaker 3 (22:48):
You don't have to rup them too much. You know,
nothing too structural, but you can give it a really
good upgrade and haven't looked quite beautiful and a pretty
good area, the sort of thing you know people on
a good income could afford to mine. I'll be very
happy to live there.
Speaker 4 (23:03):
Actually think, actually what you done as you've narrowed it
down to winter because I've always thought that when people
say worst house, best street, I've never assumed that to
be you're gonna have to bring the builders into a bulldozer.
And you know, and and do major things. I've always
thought that that worst house bit street goes alongside good bones.
Speaker 3 (23:22):
Yeah, good bones in an old villa is still they
have to put cavities and wolves and the virtually uttering
total rebuilds. There's good bones on a good solid brickhouse,
you know, seventies where you might retain the joinery. It
can be not cosmeiic, but good quality with upgrades and yeah,
all coverage and you do get a very nice product
(23:43):
at the good really the rich and big villa jobs.
Speaker 4 (23:47):
Yeah no, hey, thanks thanks Tom. Actually, Tims, I appreciate
you calling mate. Actually that's helped us. I think that
I have to add that other cliche, and I feel
quite smug that I be writing these down. Yeah, I'm
writing them down. You are writing the worst house, best Street.
But there's a caveat you have to have good bones it.
It is a classic real estate pleasure. Oh how often
(24:08):
have you said good bones when you've been selling a property?
Speaker 5 (24:11):
Never?
Speaker 6 (24:14):
Never?
Speaker 4 (24:15):
Okay, right, let's take another call, Ben, Hello, I hang
on a second hand on let me click that again, Ben,
good I.
Speaker 8 (24:21):
Yeah, guys, look just on what that lady said, Like
we've got solar, don't put solar on your house just
to sell it, because no one's going to pay you
an extra fifteen grand at five percent interest rate when
they can just buy the house of fifteen grand cheaper
and then get a green loan with one percent after
they paid the house, after they bought the house. So
(24:42):
don't do it. It's not worth it.
Speaker 4 (24:44):
Really. Are you happy that you've got solar?
Speaker 5 (24:47):
Yeah?
Speaker 8 (24:47):
Yeah, but that's only it's not something that you're going
to pay an extra fifteen grand for when you can
just do it yourself at one percent interest rate after
you brought it and and as simple as that, Like
if you're planning on keeping the house of five ten
years in, sure go hard, but not just to sell
it as well?
Speaker 4 (25:06):
Though, Can I just suggest that the green loan that
you're talking about that is only one percent for how
long and then you've got a.
Speaker 8 (25:13):
It's about three years and that, but you've got four
years depending it's.
Speaker 6 (25:21):
Of fifteen thousand, right.
Speaker 5 (25:25):
Something.
Speaker 6 (25:25):
Yeah, I know it's not much interest, but you're still
spending fifteen grand. Do you see my point?
Speaker 4 (25:31):
You still spent it. Yeah, But I think Ben's argument
would be chipping Ben is that you are sort of
subsidizing that with the savings you're making as well.
Speaker 8 (25:40):
Yeah, well, what I'm saying is I wouldn't pay fifteen
grand more for solar now I've brought it when I
can just buy it and then spend fifteen grand afterwards
and only pay one percent interest instead of five or
six percent interest. So it's not worth it.
Speaker 4 (25:57):
Just what we've got. Yeah, why did you get soler?
Speaker 8 (26:02):
We hit a lot of power cuts and then also
because I lived in the christ reach oufter the earthquake,
so it was yeah, but that look, hours has paid
for itself. Now we're on we're into year seven. That's
paid for itself and put power bill down to Yeah,
probably around about one hundred dollar marks.
Speaker 4 (26:21):
So yeah, and that's cold christ Church winter.
Speaker 8 (26:26):
I guess, well, the average is out to be about
one hundred bucks a month. You know, during the summertime
you're always in credit. During the winter time it's a
little bit more. And it just used that credit. The
averages out to be about one hundred bucks a month.
Speaker 6 (26:37):
Tim was that fifteen grand a few of Ben? Sorry,
that's right, Ben? Was that fifteen grand a few years ago?
Speaker 4 (26:45):
What was the price?
Speaker 5 (26:46):
Yeah?
Speaker 4 (26:46):
There was, and so that was that was.
Speaker 8 (26:51):
It would have been in the twenty nineteen. Ok so
you keep coming up so the news.
Speaker 4 (26:56):
Well, hey, by the way, what are your power bills
before that?
Speaker 8 (27:00):
Roughly on average, roughly about three three fifteen, paying about
six hundred for the same these days.
Speaker 4 (27:09):
Okay, so you've saved yourself. You saved yourself about two
or three grand a year.
Speaker 8 (27:15):
Yeah, I would say about maybe three and a half.
Speaker 4 (27:17):
Yeah, okay, good stuff. Thanks mate. It's a which your
power bill, my power Oh you should know. No, I
don't really know.
Speaker 6 (27:26):
That's bad. It's like a politician.
Speaker 4 (27:29):
No, No, I know because I looked at it recently
and it wasn't it generally around the two undred dollar
mark either side of it. In fact, I'm this is
I won't digress too much, but just in thirty seconds.
I did a price I once got sick of the
bill I was getting from Mercury, and I thought we
(27:50):
were paying an absolute arm and a leg I did
one of those. There was a service you could do
a few years ago as a price comparison, and it
said you need to switch to Meridian and my power
bills the floor dropped out of the bills. It was
markedly different, and I don't understand how I got such
a better deal. I'm writing that day, And I mean
(28:11):
there'll be other people who will complain about the companies
in reverse. But the deal that I got was I
think I saved probably about two and a half thousand
bucks a year just by changing companies.
Speaker 6 (28:21):
Mine's two hundred and eighty dollars approximately, And I'm never there.
Speaker 4 (28:23):
Oh, you probably spend half an hour in the shower
and then you know you've got all the lights on
the mirror.
Speaker 6 (28:31):
Oh, you know me so well.
Speaker 4 (28:34):
I don't know. I don't think that you came here
to be mocked and made fun of, but I appreciate
your attitude to it. We're with Campbell Deonoon. We want
your cause that the initial quick question that we talked
about was a west house, best Street. If that is
a rule, are there other rules that go alongside it
that I say with cliches. And we're going to get
onto AI and marketing and things as well. But we
(28:57):
have had someone interrupted by just sending us that question
around solo, and we've had a truckload of correspondence on that,
which we will dig into as well, because it is
a topical conversation, because well we know it's been going
on with oil and prices and power and all that
sort of thing. So yeah, we'll get into that a
little bit as well, But right now we're going to
(29:18):
take a moment. It's twenty one and a half minutes
to five. You know the number eight hundred and eighty
ten eighty news stalk sa'd be This is one roof
radio show. Campbell DeNoon is my guest. We've been talking
about solo. Get into some of the other texts we've
had along here. Always buy a house in the in
the best area you can afford as a goodie from
an I think that's worst house, best street, yeap, So
look for the area first. Somebody else has said a
(29:41):
decent Nigel reckons a decent I think this must be
a pretty bougie solar system. He reckons. A decent solar
system is forty fifty thousand with battery and little costs
for power except line charges were not fifteen k just
about power you shower, wouldn't it? And rhymes as well,
So beautiful. Let's take some more calls. John, Hello, Oh.
Speaker 7 (30:00):
It's Sean here. Yes, Hi, Now I can tell you
the actual figures for all of us. You're you're beating
around the bush at the moment. That's what we've got
right right now. I've got a neighbor, Nick and Bernadette,
and they have just they have just completed a contract
with Fisher and Pikel They are putting in a system
(30:21):
for them. And we have been talking to a solar
company as well. So so, look, this is a situation.
We've got an electric car. It's a Kia EV six,
so it's quite big battery. Yeah, yeah, we had a
three Look I'm not doing a commercial. Well we had
that car three years. It's wonderful. It's just amazing. No, No,
(30:47):
my wife had a ans In Leaf for five years
and that was great as well. No trouble.
Speaker 6 (30:54):
Going.
Speaker 4 (30:55):
Okay, let's give us the good right, Okay.
Speaker 7 (30:57):
The goods are this. To get to get a solar
system that you'll be able to charge your your electric
car and to run everything in your house, you'll need
about twenty five solar panels and you'll need a solar
battery at least. You see, if you don't have a
solar battery, it means that you can only use the
(31:19):
solar power during the day, which if you work, that's
not always very convenient. So if you want if you
want a system that will power everything in your house,
you're looking at.
Speaker 4 (31:28):
Something where you can basically go off grid.
Speaker 7 (31:32):
Well almost, yes, like in the winter you might struggle
on but right, you're talking about thirty to thirty five
thousand dollars. Okay, yeah, you'll.
Speaker 4 (31:47):
Insuitatively make sense. And I guess that raises the question
John is to because I think some people get it
to they're not expecting to be completely unreliant. No, but no,
expect you to take the brunt of the heavy lifting.
Speaker 7 (32:01):
No, that's right, And the electric car makes a reasonable
chunk as well. Your big cost, of course is your
electric batteries. You know, you're talking twelve forteen thousand dollars,
but that makes that gives you so much more flexibility.
Now on the other side of the coin, and the
payback is about seven.
Speaker 5 (32:21):
To eight years, okay, seven to eight years, seven to.
Speaker 7 (32:25):
Eight years, years years, seven to eight years, that's the
payback so on the average household. Now our house, we
bought it through Ray White, Helene Brownlee, and I spoke
to Helen and said, if we put this this is
not a commercial.
Speaker 4 (32:42):
Is just a bunch of commercials.
Speaker 7 (32:45):
No, I'm just validating I'm just validating. I'm not talking
about from a position of total ignorance on this.
Speaker 4 (32:52):
Yeah, you're giving yourself credibility, right right, that's.
Speaker 7 (32:57):
That's that's alone.
Speaker 2 (32:58):
Now.
Speaker 7 (32:58):
When I spoke to her, I said, if we put
the solar system in this house, will I get more
for it when I sell it to them the current climate? No,
But that was before the strait of home as and
so everything's changed slightly.
Speaker 5 (33:11):
Yes, well, yes, I think.
Speaker 4 (33:14):
It probably still holds. But hey, John, I do appreciate
your call there.
Speaker 6 (33:18):
Yeah, I'm thinking about that return on seven years, because
if you're spending thirty five grand for a system, regardless
of any cheap interest rate, and you're saving what two
hundred dollars a month?
Speaker 4 (33:29):
I forgot to ask John. Actually, John's still there, John,
how big is your house?
Speaker 7 (33:36):
We've got four bear dreams, We've got a flat under
the house which is all on the same power. And
so yeah, but look, there is the one thing that
no one's talking about here, and that is that as
a species, we can't keep burning fossil fuel. We have
to do these sorts of things.
Speaker 5 (33:52):
We just have to do it.
Speaker 7 (33:53):
It's not a question.
Speaker 5 (33:55):
And that's the good.
Speaker 7 (33:57):
Side that we as a species, we should be trying
to get into renewable sources and the government and now
thes are doing it a long Yeah, we really should
be and the government should be helping people do it.
So do you know we spend more than ten billion
a year importing oil. We could cut two thirds of
(34:18):
that out.
Speaker 5 (34:19):
Yeah.
Speaker 4 (34:19):
Oh well, hate John. I appreciate you call, mate, and
you know, thanks very much. I'm just wondering, you know,
he said, there's I can't remember what there was, an
expression of using I'm thinking he'll be sending a bill
to Kia to company. Yeah, yeah, thanks for your call, John.
Speaker 6 (34:36):
I'm still looking at that thirty five grand that.
Speaker 4 (34:39):
Seven or eight years. No, that means you're paying five
grand a year in power bills and so that's not
quite working out. Although that's what he didn't mentioned. He
had a flat, so maybe that's a separate power bill,
so I don't know.
Speaker 6 (34:52):
But anyway, but the buying cost of thirty five grand,
that's that's a barrier.
Speaker 4 (34:56):
Yeah, somebody else. Look, actually, I have people I know
who've they live living on Wahiki in your development, and
they're all their powers totally off gred. Yeah, so they
have to have enough panels. And I'm trying to remember
how many panels I saw when I visited. It was
quite a few, but not it wasn't as yea, and
they were very well placed.
Speaker 6 (35:14):
But my power goes out on a regular basis up north,
I would say four or five times a year.
Speaker 4 (35:19):
Every time you hop in the shower and get out
of it and the lights come on, the people at
National Grid go preening again.
Speaker 6 (35:28):
Sorry, some ridiculu of the car and the way in
on this.
Speaker 4 (35:32):
I tell you what I do, need to take the break.
And we haven't even gotten the AI and we consume
were running out of time, but we actually we'll quickly
just do have a call with Phil.
Speaker 5 (35:41):
Hello, good buddy, here going good.
Speaker 8 (35:44):
Thanks, yeah, good listen.
Speaker 5 (35:46):
I'm just listening with interest that you're this soul of business. Now.
I've just come across from Oz Queensland about three or
four or five months ago. And the house we had
we lived in about four hours drive north of Brisbane.
But the house we had had that we put ten
and a half killer wats of solder on the roof.
We had ten lots of batteries in the garage, and
(36:07):
we had a three hundred liter sold the hot water
system put on the roof all within a few months.
Now that cost us a grand total of twenty five
thousand dollars.
Speaker 4 (36:16):
Yeap.
Speaker 5 (36:18):
Why does it cost so much here? That's the question.
Solar is, obviously and inevitably it's the very very best
way to go. It's it's it's cheap, it's it's it's
easy to use, and it doesn't cover everything. I mean,
it's even ten killer wat's on a high usage home
still runs out in the early hours of the morning.
But our bills, well, we weren't getting bills. We were
(36:40):
actually making money. We were making about two and a
half three grand a year in a power company bank account. Oh.
Speaker 4 (36:48):
In fact, maybe that's why they say you pay it off,
because you actually, if you're producing enough power to sell
it back to them, you're getting.
Speaker 5 (36:54):
That's exactly right. So, yes, that's exactly right. Now we
pay cash for ours, so that's that's slightly different. However,
why I guess the crust that is way so much here?
Speaker 4 (37:07):
What's what's what do cash? We paid cash? What do
you mean you did a cashi for your solar?
Speaker 5 (37:13):
Yeah, you just you just pay for it, you buy it.
Speaker 4 (37:15):
Now, how Australian. I'm just kidding. No, I mean when
you say cash, it usually means under the table. No
one's declaring anything, no, no, no, no.
Speaker 5 (37:23):
I mean you just you just pay, you know, you
transfer the money from the bank to the other one.
Speaker 4 (37:27):
But the.
Speaker 5 (37:30):
Why why does it cost have that exact same system
that I had in Australia? Why does that cost.
Speaker 6 (37:35):
Fifty because everything costs more here?
Speaker 5 (37:38):
Yeah, I'm sorry no, but that's that's that's wrong, because
that the even with a fifteen percent GST, it's only
five percent GST more than you pay than Australia. So
natural fact, the twenty five thousand dollars should have amounted
to No here should amount to no more than thirty
thousand dollars.
Speaker 4 (37:55):
Yeah, I don't know, Phil, And that's I don't know.
That's a conversation for another day cause of because we've
got to go to the breaks the property the week
coming up.
Speaker 6 (38:05):
We do, and it's we use a lot of power.
Speaker 4 (38:09):
That would use a huge amount of power, not to
mention the cleaning cost for that pool. But anyway, we're
going to be unveiling the property of the week in
just a moment. It is nine minutes to five News Talks.
Speaker 1 (38:18):
He'd be the one roof property of the week on
the Weekend collective.
Speaker 4 (38:24):
Yes, the one roof property of the week. If you
want to jump on your Google it is eighty five Goodland,
good Land, Goodland, Goodland, whatever, gad L A and D drive,
dairy Flat, Rodney. It's a bigin. It's seven bedrooms, six bathrooms,
three car garage. I was expecting five, to be honest.
The house is I must need a drum roll for this.
(38:44):
It's just under nine hundred square meters and land of
three thy three hundred square meters, built about twenty years ago.
Speaker 6 (38:52):
And the.
Speaker 4 (38:54):
It's an interrant to describe. It's got a pool, it's
got a it looks like it's got a sauna. It's
you know, it's a beautiful property of twenty It's a
twenty five meter door heated swimming pool. Bang for buck.
If you had six million, you're getting a lot of
house for your buck and a lot of land. Yeah.
Is it best house? Worse? Is it best house, best
(39:15):
street or best house in an indifferent area. I don't
know what do you think of the property, because there
are a couple of things that to me also sort
of said the word ostentatious. It's too big for me.
Did you check what's the bathroom?
Speaker 6 (39:30):
Like, there's six bathrooms, so that's going to be to
the other. Yeah. Look, it's massive, it's huge, lots of
land got in the old and the old scart. It's
only ten thousand square feet of house, so that's much
bigger than that. You've got the pool, You've got the
gear swing, so you or you needs a helicopter pad
and you've probably set it might even have that.
Speaker 4 (39:52):
I was actually I need to I can't see if
there's a helicopter pad. My No, I don't think there is.
But you just land in the pa a lot of
Now you land in the paddock.
Speaker 6 (39:59):
Yeah, you've got on the front lawn, yeah, the front lawn.
Speaker 4 (40:02):
Yeah.
Speaker 6 (40:02):
But there are a lot of big houses out that way,
so it sort of I wouldn't say it's a normal
house in Dairy Flat by any means, but there are
sizable properties out there in section.
Speaker 4 (40:14):
I think it's a planned development because it says here
the safe environment of the Goodland country Estate. I don't
know if the country estate reflects that particular property or
a bunch of others. And it's got a separate two
bedroom guest house. Look, it's massive, it's a bit flash.
Speaker 6 (40:28):
Solar heating, solar power.
Speaker 4 (40:30):
I think when you've got six million, the questions not
so much about the house. The question for me is
just about where you want to live. If you want
to live in the country, then get into it. It's
got to pull everything there you go. So that is
the one roof property of the week. That is eighty
five Goodland Drive, dairy Flat and Rodney. I would like
to think you had your own helicopter to get around
and for that, but I think you should. Yes, indeed.
(40:52):
Well but all those bathrooms, six bathrooms, you just spoort
for choice, aren't you. Hey, look, God, we've got to
go Campbell, will we do?
Speaker 6 (40:59):
And I'm looking to see you for a while. Oh
I'm taking a little leave of absence.
Speaker 4 (41:02):
We'll have a great time in Europe, in Paris. Anyway,
we'll be back. So we'll be back shortly with the
parent Squad.
Speaker 1 (41:11):
For more from the Weekend collective, listen live to news
Talk ZB weekends from three pm, or follow the podcast
on iHeartRadio.
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