February 23, 2025 • 16 mins
- Wanna own a winery? Sam McGregor, Principal at Windrose Property has one for you
- Which are the best loans for first home buyers, Yianni Pazios, Senior Broker at YSP Lending provides commentary
- Halleluiah…they cut the rates. Now what are they going to do? Steve Lowe, Director at Agent Team Canberra weighs in on the conversation
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Episode Transcript
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Speaker 1 (00:01):
Cameron Renee's Real Estate Show on Mix one O six
point three be the envy of camera Live in de
Burg at Northbourne Village by JW Land now Selling.
Speaker 2 (00:10):
Well, Hello there and welcome to the Mix one O
six point three Real Estate show podcast. Thank you for
clicking in and then listening to What Wink to Wear?
What was part of our show last Saturday? Cam Selling's here.
Renee wasn't with us. Hailey did the show. She's popped
away for a moment or two. So let's have a
look at what's coming up for you. Four Wins Winery,
if you didn't know, has come on to the market
(00:32):
our beautiful, cool climate wine region and this is an
award winning winery as well.
Speaker 3 (00:37):
Sam macgrego, principal at.
Speaker 2 (00:39):
Windrows Property, who was actually married at this winery a
few years ago, is the selling agent and told us
all about what.
Speaker 3 (00:46):
Was a part of the sale.
Speaker 2 (00:48):
Of course, thanks to Zengo, we're talking first home loans
and first home buyers at the moment they are giving
everyone the opportunity to win twenty five thousand dollars towards
a home deposit. Zengo dot com dot au. We spoke
to Yanni Pazios singor broker at YSP Lending about specific
loans set up for first home buyers.
Speaker 3 (01:08):
Hallelujah, hallelujah.
Speaker 2 (01:11):
Indeed, with the interest rate cuts, we spoke to Steve Lowe,
director at Agent in Camera and we asked the question,
so we've got the cut in the.
Speaker 3 (01:19):
Rate, amazing, but what now for camera?
Speaker 2 (01:22):
And then what about Theo kutsu kamanas partner at Bastian Property,
our Mixed one and six point three property of the
Week thanks to All Homes, incredible seven car garage, its
own home, cinema, it's just got everything and it is amazing.
So that is all part of the Mix one and
six point three Real Estate Show podcast.
Speaker 3 (01:42):
Enjoy and thanks for listening.
Speaker 4 (01:44):
Now they say Cam that the great Australian dream is
to own your own home. Of course, I've got a
new great Australian dream, which is to own a winery.
Speaker 5 (01:54):
Yep.
Speaker 4 (01:55):
I think that we should all have the access to
a winery veno on to whenever you need.
Speaker 2 (02:01):
And luckily I'm just going to pull you out there
because there's a little bit more to it.
Speaker 4 (02:09):
Are you saying that this doesn't just sound immediately like heaven?
Speaker 6 (02:12):
I have to work for this.
Speaker 3 (02:13):
I mean it sounds like heaven, but yes, you will
have to work.
Speaker 4 (02:17):
It will be opportunity to own a winery in our
duel of Camera, our local cool climate wine region. The
opportunities come up. Four Winds Winery has actually come onto
the market.
Speaker 3 (02:29):
Yes, this is a couple of weeks ago that it
came onto the market. I got wind of this a
few weeks ago.
Speaker 2 (02:36):
We're not allowed to talk about it, and so it's
come onto the market. I was there last year. Beautiful lunch,
beautiful pizza, and it's well known for its pizza. And
the wine is it's award winning wine. It's just beautiful.
Let's say good morning to Sam McGregor, principal at wind
Rose Property, who happens to be the listing agent.
Speaker 3 (02:53):
Good morning Sam, Good morning Cam, good morning.
Speaker 7 (02:56):
Thanks having me.
Speaker 4 (02:56):
On pleasure, pleasure for you to tell us all about
this new great Australian dream. Tell us about the property,
Sam and its place in the local cool climate wine region.
Speaker 5 (03:06):
Yeah, look, absolutely love to and I'd love to hear
enthusiasm about the region and I suppose the wine itself.
Speaker 6 (03:13):
Haley, Well, yes, happy to share my passion.
Speaker 5 (03:17):
The property is an outstanding money. In terms of a
piece of real estate, it's a fifty acre landholding in
one of the best locations in Murram Bateman with a
gorgeous architectural home. That'd be impressive and I would be
extremely proud to be representing a sale of that if
it was just the home and land that we're talking about,
but obviously we're not.
Speaker 7 (03:37):
Four winds is the vineyard.
Speaker 5 (03:39):
That I suppose he's housed at Murra Murrambaman Road and
Payment's Lane and they've been in operation for almost twenty
seven years by the same family.
Speaker 7 (03:50):
So what is actually for sale there? Is obviously this
gorgeous home.
Speaker 5 (03:53):
Gorgeous piece of real estate, really attractive cellar door offering
and some as Cam said, some a warn award winning
grapes and wines coming out of the digit as well.
Speaker 2 (04:04):
Okay, And so what comes with the sale everything that
you've mentioned there? I would imagine, I mean, is there
ip that comes with it as well? And you know
recipes and all that style of.
Speaker 3 (04:13):
Thing, And it's not recipes, it's signed. So what do
you get?
Speaker 5 (04:18):
That's a great question, and I'm getting it a lot
from buyers that are getting in touch with me. I
look at it in three ways, really simple. There's the
real estate that underlies it, there's the vineyard operation and
the production of the grapes, and there's the hospitality business
that's attached to it.
Speaker 7 (04:32):
It's a really it is a walk in, walkout operation
for that. So anything that you would need.
Speaker 5 (04:36):
To live there, work there and run the business, it's
all there.
Speaker 4 (04:40):
Yeah, I guess Sam, you may not know, but can
you tell us some of the things that we need
to know, you know, as far as running a winery
and a business is concerned.
Speaker 3 (04:50):
Because Hailey, Hailey, all you see is the end product.
Speaker 6 (04:53):
Yes, right, I don't ever have to go to the
bottle shop again. So tell me how do I roll
this business?
Speaker 7 (05:00):
That is a great question. And finally it's one I'm
getting as well, and I think to be pretty well
versed in this now. It's actually quite simple.
Speaker 5 (05:07):
And I'm sure that my vendors, John and Sarah Lovely
people would probably slap me a bit for saying that.
But the way that I see it is a lot
of the work is contracted two employees or either employees
or contractors.
Speaker 7 (05:21):
Now, Sam, but there's a range of.
Speaker 5 (05:25):
I suppose really it's scrape growing, it's winemaking from the
grapes and it's the hospitality arm of the business.
Speaker 7 (05:31):
The way that they function is by.
Speaker 5 (05:33):
Contracting some of the wine making to people that do that,
and some stuff is done on site.
Speaker 7 (05:38):
There's a lot of different ways that.
Speaker 5 (05:39):
It can be managed, but it's a pretty streamlined.
Speaker 7 (05:42):
Process for them.
Speaker 5 (05:43):
And the beautiful thing about such an established business in
what I think is one of the best wine growing
regions in the world is that their processes are absolutely
downpat So they're there not only to have a walking,
walkout sale, as in like you've got everything physically there
that you need, including ther RP you mentioned can, but
processes and I suppose protocols for making all these happen
(06:03):
are absolutely top notch and so that's all there, and
that's part of the sale too. They're there to facilitate
a handover, just to make it easy for somebody who
wants to grab the key, so to speak.
Speaker 2 (06:12):
You are, it's so right, and you know, people who
have worked in winery, wineries or had any association, I mean,
you've got to be you need to know how to
be a farmer or at least manage these things. You've
got to be a scientist you have to be a
business person, you've got to be a marketer, you've got
to be a restauranteur as well. So there's all these things,
and Sam, it sounds like the team they have it
(06:33):
downpat as far as overseeing that operation is concerned.
Speaker 3 (06:37):
So you need to be a good person who.
Speaker 2 (06:38):
Has that sort of helicopter view and then make it
work from there.
Speaker 7 (06:43):
Well, that's exactly right. But the one that I say
that camp's.
Speaker 5 (06:45):
Really simple that it's all the all the infrastructure is
there and it's in place, so it's going to be
an easy job for somebody to take on.
Speaker 7 (06:52):
The only thing that I'd add.
Speaker 5 (06:53):
To that is that fall Ins at the end of
last year won the Jimmy Watson Memorial Award for the
Best Young Red Wine for their twenty twenty three arrays,
and that is the most prestigious award in the country
for wine making. So this is a top notch vineyard
with an excellent produce and an excellent sort of back
end system to getting it to market.
Speaker 7 (07:14):
So all of those things that you need, it's there.
It's going to be easy for somebody to take on.
Speaker 5 (07:19):
I suppose to dealership in the direction they want to
take it, okay, Paley in.
Speaker 4 (07:23):
I mean, it's almost too good to be true.
Speaker 2 (07:25):
I can't believe you know, and your beautiful wife Lauren
as well, I can't believe you're not buying it.
Speaker 7 (07:30):
Well would you believe?
Speaker 5 (07:31):
And that'll be the thing I leave you on camline
and I got married there in twenty nineteen.
Speaker 7 (07:35):
Special for us.
Speaker 3 (07:36):
Yeah right, and.
Speaker 7 (07:38):
So yeah, not only is that, you.
Speaker 5 (07:39):
Know, at the heart of the region that we love
and we service, but.
Speaker 7 (07:42):
It's got a pretty personal connection for us. So I'm
excited to see it to go to the hands of
somebody who's going to love it, because we really do.
Speaker 2 (07:47):
All right, mate, Well you've done a great job of
explaining it. Thank you so much, and we will really
watch with interest as to how the sale goes.
Speaker 7 (07:54):
My pleasure. Thanks for having me talk against.
Speaker 6 (07:56):
Certain I Cam.
Speaker 2 (07:58):
I'm going to buy a winery, Okay, Sam McGregor, principle
of Windrows Property.
Speaker 3 (08:04):
They're talking about four winsdays now.
Speaker 4 (08:06):
As part of our Zango Skyfire partnership, they are giving
somebody the opportunity to win twenty five thousand dollars towards
their home deposits.
Speaker 3 (08:14):
So fifteenth of March is Skyfire.
Speaker 2 (08:16):
This is only a few weeks away that they're going
to announce this at Skyfire. As I understand it, incredible, man,
what an amazing opportunity.
Speaker 4 (08:25):
I mean, you can have a look at all the
details at zango dot com dot au. But this is
perfect for anybody trying to get into the home ownership market.
We will be looking at ways to achieve home ownership
in a lead up to Skyfire, and this morning we
have the opportunity to hear about loans that are suitable
for her first home buyers.
Speaker 5 (08:45):
Now.
Speaker 4 (08:45):
Yanni Pasios is a senior broker at YSP Lending.
Speaker 6 (08:49):
Yannie, thank you so much for joining us this morning.
Speaker 8 (08:52):
No PROD, thanks for having me.
Speaker 4 (08:53):
Now, are there any specific loans designed for first home buyers?
Speaker 8 (08:58):
Look, loans, Not so much loans, but definitely there's some
stimulus from local and federal governments after first home buyers. Generally,
the federal government offers what's called the Home Guarantee Scheme,
where you can buy a property with as little as
a five percent deposit, and locally you've got this concession
of stamp duty, so anything up to a million bucks
(09:19):
you pays your doors and stamp duty if you fit
all the requirements.
Speaker 2 (09:22):
Okay, and so then with that said, though, when choosing
a loan, what should first home buyers take into consideration?
Speaker 8 (09:30):
Look, I think household affordability is really important. A lot
of the time you get first home buyers moving out
of home without many sort of overheads, So thinking about
household budgets with a loan in place is really important.
I think sometimes that gets missed.
Speaker 2 (09:45):
Yeah, and we spoke about this last week about all
the extra things that you need to know about going
into a first home loan and house as well or property.
You know, things like doesn't need a little bit of renovation?
Is there some things that need fixing? All these things?
Is like the lists bank up, don't they, Yanny?
Speaker 8 (10:03):
They absolutely do. So, Yeah, definitely a bit of budgeting.
You're coming out of an environment where you're not paying
bills or anything, and then all of a sudden, you've
you've got a loan, you know, rate, soletricity, gas water
you name it, madam.
Speaker 4 (10:14):
Yeah, yes, yes, Now, Yanni, I'm not a home owner myself,
something that I'll be looking at getting into in the
next couple of years.
Speaker 6 (10:23):
It is a massive decision.
Speaker 4 (10:25):
What mistakes do you see first home buyers making because
I don't I don't want to mess this up.
Speaker 8 (10:30):
Yeah, good question. Definitely what we just touched on. So
the affordability piece, so getting a really good household budget
in place is important before sort of thinking about what
you want to buy and how much you've got to spend. Also,
not rushing the process, so going to seeing your broker
or banker early on in the piece, getting an understanding
of your affordability, your maximum purchase price, and getting like
(10:52):
an approval in place before you go shopping. I think
that's super important to not.
Speaker 2 (10:57):
You know before behind that, there's absolutely been an ongoing
theme having everything in place in the background, ready just
to press the button when you find something that is
suitable for you.
Speaker 9 (11:06):
Yep.
Speaker 7 (11:07):
Absolutely, Okay mate.
Speaker 2 (11:08):
Finally, and you know you've probably touched on some of there,
but what's your number one key message for first home
buyers when it comes to choosing alone.
Speaker 5 (11:15):
Yep, get in.
Speaker 8 (11:16):
Early, don't rush the process, and have a think about
you know, definitely touching on that budget stuff again and
make sure you know you don't sort of get yourself
into something that's going to be uncomfortable moving forward.
Speaker 6 (11:28):
Excellent advice.
Speaker 4 (11:29):
That's Yanni Pasi a senior broker at YSP Lending.
Speaker 6 (11:33):
Thank you so much for joining us this morning.
Speaker 7 (11:35):
Thanks for having me.
Speaker 6 (11:36):
Guys, have a great day now.
Speaker 4 (11:38):
For nearly two years, mortgage holders have been feeling the
squeeze in every RBA meeting. What another round of anxiety?
Would rates go up again? What was going to happen?
Would they would repayments climb even high again?
Speaker 6 (11:52):
Would there ever be an insight? Hallelujah? On Tuesday this
week they.
Speaker 4 (11:57):
Finally cut the rates, which was very, very welcome news.
But we do have more questions, so we should dig
a little deeper under the surface to see what that
might do to the camera market. We're joined by the
man in the know, Steve Lowe, the director of Agent
Team Camera.
Speaker 6 (12:14):
Steve, how's it going this morning?
Speaker 1 (12:15):
That was a.
Speaker 6 (12:17):
Man in the night.
Speaker 4 (12:18):
I'm new here, Cam, I'm new here. I've got to
put my best forward.
Speaker 3 (12:23):
Well, you'll assume leaning in the next three minutes.
Speaker 6 (12:27):
The intro next time will be a bit different, hey, Steve.
Speaker 4 (12:30):
Apart from people who have home loans, why are some
economists saying the cut's a good thing?
Speaker 9 (12:37):
Well, I guess like for everybody that has money, you
have a little bit more in your pocket now, So
business owners borrowing costs a little bit less, so that
can can sort of provide a bit of confidence for
business owners to employ more staff. For consumers, there's a
little bit more on your pocket if especially got a mortgage,
and so it should increase that we have consumer competence
as well.
Speaker 2 (12:56):
Yeah, and so though they're all the you know, the
interesting and night spits, but what other economists are saying,
it's not so good? So why is that let's unpack
that a little bit more.
Speaker 9 (13:06):
Well, I guess the flip side to that is that
it could sort of further fuel inflation if it leads
to excessive spending. Retirees who rely on interest income, you
know that their income is being reduced, So it's there's
always a flip side to it. But I think it's
(13:27):
it was definitely time to give us all a little
bit of love and a little bit of a rate cards.
So I think good timing.
Speaker 2 (13:32):
Yeah. Do you think, though, after what we've been through
for the last two and a half years or so,
that we get this, you know, we get a little
bit extra each month for at least home or people
have loans, do you think that they'll be a bit
more responsible with it. Do you think they're just going
to go out and spend previously or do you think
they will be a bit more careful.
Speaker 9 (13:52):
I think everyone's everyone's sort of learned to sort of
be a little bit more careful and a little bit
watch their dollars, watch the spend. Like, you know, the
interest rates down by a quarter of a fraction of
the nothing percent, you know, it doesn't make a huge,
huge difference, and there's no guarantees they're going to come
down month after month after month. So I think it just,
you know, it's just people will continue being fairly tight
(14:13):
in the purse strings for borrowers or for buyers in
the marketplace. Really it increases you borrowing capacity by twelve
or fifteen thousand dollars, like the market will absorb that
really quickly.
Speaker 4 (14:24):
Now, Steve, people want to know, our listeners want to
know what this will mean for them.
Speaker 6 (14:28):
So what do you think that this is going to
do to the camera market.
Speaker 9 (14:32):
Well, we've been saying to buyers, buy when others are fearful,
and the best time to buy has been over the
last twelve months, when when interest rates were on hold
and quite high, whereas now in twenty twenty five. Already,
I think we've sold two houses every week since we've
been back, because there's a whole of demand because buyers
are starting to think, well, if interest rates are coming down,
prices are going to go up, we better jump in.
And that, you know, that just fuels that price growth.
(14:54):
And so if supply remains fairly tight, prices might start
to creep up. But you're not going to see double
digit g othing camera. I don't think it's already a
really expensive place to live and to go to work
and everything like that.
Speaker 2 (15:07):
And so Mate, on Tuesday afternoon, did you know, did
the emails start come flooding in and did the phone explode?
Like what happened at your end as a real estate agent?
Speaker 9 (15:19):
Nothing much really other than all the all the subscriptions
I get from every economents in the world. An emails, Wow, yeah,
But other than that, like you know, we we put
a house in the market on Thursday. We opened that
Thursday afternoon. We had eight groups that came through it
straight away. We had three offers. We could have sold
it unconditionally yesterday, but you know, because there's there's so
(15:41):
many by it interested in seeing this particular property, a
little three bedroom, one bathroom in McGregor. It's open today,
so yeah, plenty of interest in property at the moment.
Speaker 6 (15:49):
Well, Steve, I promised that you'd be the man in
the know and you're delivered.
Speaker 4 (15:56):
Thank you, Steve Loby, Director of Agent Team Canberra.
Speaker 3 (16:01):
Good on your mate.
Speaker 2 (16:03):
Well those are the interviews we most enjoyed in last
week's Mix one O six point three real Estate Show.
If you love hearing about the latest trends, or you're
just up for a sticky beak, be sure to drop
by for a listen this Saturday between nine and ten
Speaker 1 (16:17):
Cameron Rene's Real Estate Show on Mix one O six
point three
Cameron Renee's Real Estate Show on Mix one O six
point three be the envy of camera Live in de
Burg at Northbourne Village by JW Land now Selling.
Speaker 2 (00:10):
Well, Hello there and welcome to the Mix one O
six point three Real Estate show podcast. Thank you for
clicking in and then listening to What Wink to Wear?
What was part of our show last Saturday? Cam Selling's here.
Renee wasn't with us. Hailey did the show. She's popped
away for a moment or two. So let's have a
look at what's coming up for you. Four Wins Winery,
if you didn't know, has come on to the market
(00:32):
our beautiful, cool climate wine region and this is an
award winning winery as well.
Speaker 3 (00:37):
Sam macgrego, principal at.
Speaker 2 (00:39):
Windrows Property, who was actually married at this winery a
few years ago, is the selling agent and told us
all about what.
Speaker 3 (00:46):
Was a part of the sale.
Speaker 2 (00:48):
Of course, thanks to Zengo, we're talking first home loans
and first home buyers at the moment they are giving
everyone the opportunity to win twenty five thousand dollars towards
a home deposit. Zengo dot com dot au. We spoke
to Yanni Pazios singor broker at YSP Lending about specific
loans set up for first home buyers.
Speaker 3 (01:08):
Hallelujah, hallelujah.
Speaker 2 (01:11):
Indeed, with the interest rate cuts, we spoke to Steve Lowe,
director at Agent in Camera and we asked the question,
so we've got the cut in the.
Speaker 3 (01:19):
Rate, amazing, but what now for camera?
Speaker 2 (01:22):
And then what about Theo kutsu kamanas partner at Bastian Property,
our Mixed one and six point three property of the
Week thanks to All Homes, incredible seven car garage, its
own home, cinema, it's just got everything and it is amazing.
So that is all part of the Mix one and
six point three Real Estate Show podcast.
Speaker 3 (01:42):
Enjoy and thanks for listening.
Speaker 4 (01:44):
Now they say Cam that the great Australian dream is
to own your own home. Of course, I've got a
new great Australian dream, which is to own a winery.
Speaker 5 (01:54):
Yep.
Speaker 4 (01:55):
I think that we should all have the access to
a winery veno on to whenever you need.
Speaker 2 (02:01):
And luckily I'm just going to pull you out there
because there's a little bit more to it.
Speaker 4 (02:09):
Are you saying that this doesn't just sound immediately like heaven?
Speaker 6 (02:12):
I have to work for this.
Speaker 3 (02:13):
I mean it sounds like heaven, but yes, you will
have to work.
Speaker 4 (02:17):
It will be opportunity to own a winery in our
duel of Camera, our local cool climate wine region. The
opportunities come up. Four Winds Winery has actually come onto
the market.
Speaker 3 (02:29):
Yes, this is a couple of weeks ago that it
came onto the market. I got wind of this a
few weeks ago.
Speaker 2 (02:36):
We're not allowed to talk about it, and so it's
come onto the market. I was there last year. Beautiful lunch,
beautiful pizza, and it's well known for its pizza. And
the wine is it's award winning wine. It's just beautiful.
Let's say good morning to Sam McGregor, principal at wind
Rose Property, who happens to be the listing agent.
Speaker 3 (02:53):
Good morning Sam, Good morning Cam, good morning.
Speaker 7 (02:56):
Thanks having me.
Speaker 4 (02:56):
On pleasure, pleasure for you to tell us all about
this new great Australian dream. Tell us about the property,
Sam and its place in the local cool climate wine region.
Speaker 5 (03:06):
Yeah, look, absolutely love to and I'd love to hear
enthusiasm about the region and I suppose the wine itself.
Speaker 6 (03:13):
Haley, Well, yes, happy to share my passion.
Speaker 5 (03:17):
The property is an outstanding money. In terms of a
piece of real estate, it's a fifty acre landholding in
one of the best locations in Murram Bateman with a
gorgeous architectural home. That'd be impressive and I would be
extremely proud to be representing a sale of that if
it was just the home and land that we're talking about,
but obviously we're not.
Speaker 7 (03:37):
Four winds is the vineyard.
Speaker 5 (03:39):
That I suppose he's housed at Murra Murrambaman Road and
Payment's Lane and they've been in operation for almost twenty
seven years by the same family.
Speaker 7 (03:50):
So what is actually for sale there? Is obviously this
gorgeous home.
Speaker 5 (03:53):
Gorgeous piece of real estate, really attractive cellar door offering
and some as Cam said, some a warn award winning
grapes and wines coming out of the digit as well.
Speaker 2 (04:04):
Okay, And so what comes with the sale everything that
you've mentioned there? I would imagine, I mean, is there
ip that comes with it as well? And you know
recipes and all that style of.
Speaker 3 (04:13):
Thing, And it's not recipes, it's signed. So what do
you get?
Speaker 5 (04:18):
That's a great question, and I'm getting it a lot
from buyers that are getting in touch with me. I
look at it in three ways, really simple. There's the
real estate that underlies it, there's the vineyard operation and
the production of the grapes, and there's the hospitality business
that's attached to it.
Speaker 7 (04:32):
It's a really it is a walk in, walkout operation
for that. So anything that you would need.
Speaker 5 (04:36):
To live there, work there and run the business, it's
all there.
Speaker 4 (04:40):
Yeah, I guess Sam, you may not know, but can
you tell us some of the things that we need
to know, you know, as far as running a winery
and a business is concerned.
Speaker 3 (04:50):
Because Hailey, Hailey, all you see is the end product.
Speaker 6 (04:53):
Yes, right, I don't ever have to go to the
bottle shop again. So tell me how do I roll
this business?
Speaker 7 (05:00):
That is a great question. And finally it's one I'm
getting as well, and I think to be pretty well
versed in this now. It's actually quite simple.
Speaker 5 (05:07):
And I'm sure that my vendors, John and Sarah Lovely
people would probably slap me a bit for saying that.
But the way that I see it is a lot
of the work is contracted two employees or either employees
or contractors.
Speaker 7 (05:21):
Now, Sam, but there's a range of.
Speaker 5 (05:25):
I suppose really it's scrape growing, it's winemaking from the
grapes and it's the hospitality arm of the business.
Speaker 7 (05:31):
The way that they function is by.
Speaker 5 (05:33):
Contracting some of the wine making to people that do that,
and some stuff is done on site.
Speaker 7 (05:38):
There's a lot of different ways that.
Speaker 5 (05:39):
It can be managed, but it's a pretty streamlined.
Speaker 7 (05:42):
Process for them.
Speaker 5 (05:43):
And the beautiful thing about such an established business in
what I think is one of the best wine growing
regions in the world is that their processes are absolutely
downpat So they're there not only to have a walking,
walkout sale, as in like you've got everything physically there
that you need, including ther RP you mentioned can, but
processes and I suppose protocols for making all these happen
(06:03):
are absolutely top notch and so that's all there, and
that's part of the sale too. They're there to facilitate
a handover, just to make it easy for somebody who
wants to grab the key, so to speak.
Speaker 2 (06:12):
You are, it's so right, and you know, people who
have worked in winery, wineries or had any association, I mean,
you've got to be you need to know how to
be a farmer or at least manage these things. You've
got to be a scientist you have to be a
business person, you've got to be a marketer, you've got
to be a restauranteur as well. So there's all these things,
and Sam, it sounds like the team they have it
(06:33):
downpat as far as overseeing that operation is concerned.
Speaker 3 (06:37):
So you need to be a good person who.
Speaker 2 (06:38):
Has that sort of helicopter view and then make it
work from there.
Speaker 7 (06:43):
Well, that's exactly right. But the one that I say
that camp's.
Speaker 5 (06:45):
Really simple that it's all the all the infrastructure is
there and it's in place, so it's going to be
an easy job for somebody to take on.
Speaker 7 (06:52):
The only thing that I'd add.
Speaker 5 (06:53):
To that is that fall Ins at the end of
last year won the Jimmy Watson Memorial Award for the
Best Young Red Wine for their twenty twenty three arrays,
and that is the most prestigious award in the country
for wine making. So this is a top notch vineyard
with an excellent produce and an excellent sort of back
end system to getting it to market.
Speaker 7 (07:14):
So all of those things that you need, it's there.
It's going to be easy for somebody to take on.
Speaker 5 (07:19):
I suppose to dealership in the direction they want to
take it, okay, Paley in.
Speaker 4 (07:23):
I mean, it's almost too good to be true.
Speaker 2 (07:25):
I can't believe you know, and your beautiful wife Lauren
as well, I can't believe you're not buying it.
Speaker 7 (07:30):
Well would you believe?
Speaker 5 (07:31):
And that'll be the thing I leave you on camline
and I got married there in twenty nineteen.
Speaker 7 (07:35):
Special for us.
Speaker 3 (07:36):
Yeah right, and.
Speaker 7 (07:38):
So yeah, not only is that, you.
Speaker 5 (07:39):
Know, at the heart of the region that we love
and we service, but.
Speaker 7 (07:42):
It's got a pretty personal connection for us. So I'm
excited to see it to go to the hands of
somebody who's going to love it, because we really do.
Speaker 2 (07:47):
All right, mate, Well you've done a great job of
explaining it. Thank you so much, and we will really
watch with interest as to how the sale goes.
Speaker 7 (07:54):
My pleasure. Thanks for having me talk against.
Speaker 6 (07:56):
Certain I Cam.
Speaker 2 (07:58):
I'm going to buy a winery, Okay, Sam McGregor, principle
of Windrows Property.
Speaker 3 (08:04):
They're talking about four winsdays now.
Speaker 4 (08:06):
As part of our Zango Skyfire partnership, they are giving
somebody the opportunity to win twenty five thousand dollars towards
their home deposits.
Speaker 3 (08:14):
So fifteenth of March is Skyfire.
Speaker 2 (08:16):
This is only a few weeks away that they're going
to announce this at Skyfire. As I understand it, incredible, man,
what an amazing opportunity.
Speaker 4 (08:25):
I mean, you can have a look at all the
details at zango dot com dot au. But this is
perfect for anybody trying to get into the home ownership market.
We will be looking at ways to achieve home ownership
in a lead up to Skyfire, and this morning we
have the opportunity to hear about loans that are suitable
for her first home buyers.
Speaker 5 (08:45):
Now.
Speaker 4 (08:45):
Yanni Pasios is a senior broker at YSP Lending.
Speaker 6 (08:49):
Yannie, thank you so much for joining us this morning.
Speaker 8 (08:52):
No PROD, thanks for having me.
Speaker 4 (08:53):
Now, are there any specific loans designed for first home buyers?
Speaker 8 (08:58):
Look, loans, Not so much loans, but definitely there's some
stimulus from local and federal governments after first home buyers. Generally,
the federal government offers what's called the Home Guarantee Scheme,
where you can buy a property with as little as
a five percent deposit, and locally you've got this concession
of stamp duty, so anything up to a million bucks
(09:19):
you pays your doors and stamp duty if you fit
all the requirements.
Speaker 2 (09:22):
Okay, and so then with that said, though, when choosing
a loan, what should first home buyers take into consideration?
Speaker 8 (09:30):
Look, I think household affordability is really important. A lot
of the time you get first home buyers moving out
of home without many sort of overheads, So thinking about
household budgets with a loan in place is really important.
I think sometimes that gets missed.
Speaker 2 (09:45):
Yeah, and we spoke about this last week about all
the extra things that you need to know about going
into a first home loan and house as well or property.
You know, things like doesn't need a little bit of renovation?
Is there some things that need fixing? All these things?
Is like the lists bank up, don't they, Yanny?
Speaker 8 (10:03):
They absolutely do. So, Yeah, definitely a bit of budgeting.
You're coming out of an environment where you're not paying
bills or anything, and then all of a sudden, you've
you've got a loan, you know, rate, soletricity, gas water
you name it, madam.
Speaker 4 (10:14):
Yeah, yes, yes, Now, Yanni, I'm not a home owner myself,
something that I'll be looking at getting into in the
next couple of years.
Speaker 6 (10:23):
It is a massive decision.
Speaker 4 (10:25):
What mistakes do you see first home buyers making because
I don't I don't want to mess this up.
Speaker 8 (10:30):
Yeah, good question. Definitely what we just touched on. So
the affordability piece, so getting a really good household budget
in place is important before sort of thinking about what
you want to buy and how much you've got to spend. Also,
not rushing the process, so going to seeing your broker
or banker early on in the piece, getting an understanding
of your affordability, your maximum purchase price, and getting like
(10:52):
an approval in place before you go shopping. I think
that's super important to not.
Speaker 2 (10:57):
You know before behind that, there's absolutely been an ongoing
theme having everything in place in the background, ready just
to press the button when you find something that is
suitable for you.
Speaker 9 (11:06):
Yep.
Speaker 7 (11:07):
Absolutely, Okay mate.
Speaker 2 (11:08):
Finally, and you know you've probably touched on some of there,
but what's your number one key message for first home
buyers when it comes to choosing alone.
Speaker 5 (11:15):
Yep, get in.
Speaker 8 (11:16):
Early, don't rush the process, and have a think about
you know, definitely touching on that budget stuff again and
make sure you know you don't sort of get yourself
into something that's going to be uncomfortable moving forward.
Speaker 6 (11:28):
Excellent advice.
Speaker 4 (11:29):
That's Yanni Pasi a senior broker at YSP Lending.
Speaker 6 (11:33):
Thank you so much for joining us this morning.
Speaker 7 (11:35):
Thanks for having me.
Speaker 6 (11:36):
Guys, have a great day now.
Speaker 4 (11:38):
For nearly two years, mortgage holders have been feeling the
squeeze in every RBA meeting. What another round of anxiety?
Would rates go up again? What was going to happen?
Would they would repayments climb even high again?
Speaker 6 (11:52):
Would there ever be an insight? Hallelujah? On Tuesday this
week they.
Speaker 4 (11:57):
Finally cut the rates, which was very, very welcome news.
But we do have more questions, so we should dig
a little deeper under the surface to see what that
might do to the camera market. We're joined by the
man in the know, Steve Lowe, the director of Agent
Team Camera.
Speaker 6 (12:14):
Steve, how's it going this morning?
Speaker 1 (12:15):
That was a.
Speaker 6 (12:17):
Man in the night.
Speaker 4 (12:18):
I'm new here, Cam, I'm new here. I've got to
put my best forward.
Speaker 3 (12:23):
Well, you'll assume leaning in the next three minutes.
Speaker 6 (12:27):
The intro next time will be a bit different, hey, Steve.
Speaker 4 (12:30):
Apart from people who have home loans, why are some
economists saying the cut's a good thing?
Speaker 9 (12:37):
Well, I guess like for everybody that has money, you
have a little bit more in your pocket now, So
business owners borrowing costs a little bit less, so that
can can sort of provide a bit of confidence for
business owners to employ more staff. For consumers, there's a
little bit more on your pocket if especially got a mortgage,
and so it should increase that we have consumer competence
as well.
Speaker 2 (12:56):
Yeah, and so though they're all the you know, the
interesting and night spits, but what other economists are saying,
it's not so good? So why is that let's unpack
that a little bit more.
Speaker 9 (13:06):
Well, I guess the flip side to that is that
it could sort of further fuel inflation if it leads
to excessive spending. Retirees who rely on interest income, you
know that their income is being reduced, So it's there's
always a flip side to it. But I think it's
(13:27):
it was definitely time to give us all a little
bit of love and a little bit of a rate cards.
So I think good timing.
Speaker 2 (13:32):
Yeah. Do you think, though, after what we've been through
for the last two and a half years or so,
that we get this, you know, we get a little
bit extra each month for at least home or people
have loans, do you think that they'll be a bit
more responsible with it. Do you think they're just going
to go out and spend previously or do you think
they will be a bit more careful.
Speaker 9 (13:52):
I think everyone's everyone's sort of learned to sort of
be a little bit more careful and a little bit
watch their dollars, watch the spend. Like, you know, the
interest rates down by a quarter of a fraction of
the nothing percent, you know, it doesn't make a huge,
huge difference, and there's no guarantees they're going to come
down month after month after month. So I think it just,
you know, it's just people will continue being fairly tight
(14:13):
in the purse strings for borrowers or for buyers in
the marketplace. Really it increases you borrowing capacity by twelve
or fifteen thousand dollars, like the market will absorb that
really quickly.
Speaker 4 (14:24):
Now, Steve, people want to know, our listeners want to
know what this will mean for them.
Speaker 6 (14:28):
So what do you think that this is going to
do to the camera market.
Speaker 9 (14:32):
Well, we've been saying to buyers, buy when others are fearful,
and the best time to buy has been over the
last twelve months, when when interest rates were on hold
and quite high, whereas now in twenty twenty five. Already,
I think we've sold two houses every week since we've
been back, because there's a whole of demand because buyers
are starting to think, well, if interest rates are coming down,
prices are going to go up, we better jump in.
And that, you know, that just fuels that price growth.
(14:54):
And so if supply remains fairly tight, prices might start
to creep up. But you're not going to see double
digit g othing camera. I don't think it's already a
really expensive place to live and to go to work
and everything like that.
Speaker 2 (15:07):
And so Mate, on Tuesday afternoon, did you know, did
the emails start come flooding in and did the phone explode?
Like what happened at your end as a real estate agent?
Speaker 9 (15:19):
Nothing much really other than all the all the subscriptions
I get from every economents in the world. An emails, Wow, yeah,
But other than that, like you know, we we put
a house in the market on Thursday. We opened that
Thursday afternoon. We had eight groups that came through it
straight away. We had three offers. We could have sold
it unconditionally yesterday, but you know, because there's there's so
(15:41):
many by it interested in seeing this particular property, a
little three bedroom, one bathroom in McGregor. It's open today,
so yeah, plenty of interest in property at the moment.
Speaker 6 (15:49):
Well, Steve, I promised that you'd be the man in
the know and you're delivered.
Speaker 4 (15:56):
Thank you, Steve Loby, Director of Agent Team Canberra.
Speaker 3 (16:01):
Good on your mate.
Speaker 2 (16:03):
Well those are the interviews we most enjoyed in last
week's Mix one O six point three real Estate Show.
If you love hearing about the latest trends, or you're
just up for a sticky beak, be sure to drop
by for a listen this Saturday between nine and ten
Speaker 1 (16:17):
Cameron Rene's Real Estate Show on Mix one O six
point three
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