December 7, 2025 • 14 mins
- The block has an easement. Is that a deal breaker? Adam Hobill, Principal Building Designer at Adam Hobill Design, and author of “Nail It” provides the answer
- What was the number one thing to come out of the recent Australian Community Housing National Conference? Mark Degotardi, CEO at ACH shares his insights
- Sam McGregor, Principal at Windrose Property places a local lens over a national property report
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Episode Transcript
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Speaker 1 (00:01):
Cameron Renee's Real Estate Show on Mix one oh six
point three be the Envy of Camera Live in de
Burg at Northborne Village by JW.
Speaker 2 (00:09):
Land now Selling.
Speaker 1 (00:10):
Can we are back for another mix onety six point
three Real Estate Show Podcast.
Speaker 3 (00:14):
Yeah, we say it each and every time that we
love having our guests on the show live to wear
each Saturday. But the fact that we get to relive
it on the podcast, that's good as well for anyone
who sort of didn't have the radio on. But it's
nice to also hear it back and hear the interesting
conversations that we get.
Speaker 1 (00:29):
To have, and we did have many of them, one
of which was about easement's. Now we've spoken about them before,
but we did a bit of a refresher course on
what they are and if they're a deal breaker.
Speaker 4 (00:37):
Yeah.
Speaker 3 (00:37):
Adam Hoble joined us principal building designer at Adam Hobel
Design and of course author of the book, nailed it
and he had a really good take on it, and really,
I mean he says it's not a deal breaker. It
is okay, and you can work around these issues that
pop up if you do have easement in your backyard.
Speaker 1 (00:54):
Or frontyard and he did give us some good advice
about that. We also spoke about this National Community Housing
conference that was in hamber recently and kind of some
of the things that were shared there and brought to
the table.
Speaker 3 (01:04):
Mark Degutardi is the new CEO of the Australian Community
Housing Organization and sort of gave us an overview of
the conference and then some of the things to come
out of it as well and some of the you know,
the real outcomes that are going to mean something to
get the houses up out of the ground exactly.
Speaker 1 (01:20):
And we spoke to Sam McGregor, principal at Winrows Property
the latest Totality Home value index. He spoke about the
local camera finding in that and he sounded pretty positive overall.
Speaker 3 (01:30):
I want to say, yeah, very much so in I mean,
why wouldn't he so? Dwelling prices across Canber rose by
two point two percent for the spring quarter. And then
he spoke about what might be happening next.
Speaker 1 (01:42):
Year as well, and so we love getting his insights.
Speaker 3 (01:44):
Indeed we do.
Speaker 2 (01:45):
All right.
Speaker 3 (01:45):
So there it is the Mix one or six point
three podcast. It's all thanks to JW.
Speaker 2 (01:49):
Land.
Speaker 4 (01:52):
Well.
Speaker 1 (01:53):
Can we've spoken about easements before in the real estate
space a couple of different times, not recently, though, and
it is a space that's kind of changing and people
are learning more about us.
Speaker 3 (02:03):
Yes, and look a lot of people hear the word easement,
go oh, exactly what is not quite sure? Well, I
had to.
Speaker 1 (02:09):
Remind myself and ask you, even though we've spoken about
on the show before, and so we're gonna speak to
Adam Hoble, who's principal building designer, Adam Hoble Design and
author of the book now to kind of get his
perspective on it and if it is a deal breaker. Adam,
Good morning, Thank you so much for joining us.
Speaker 4 (02:28):
Good morning, guys. How are you?
Speaker 2 (02:29):
Yeah, we're good.
Speaker 3 (02:30):
Thank you.
Speaker 1 (02:31):
First, let's kick off and just remind everybody and ourselves
slash me exactly what isn't easement?
Speaker 4 (02:38):
Yeah, look quite simply, and easement is a portion of
land that contains service or infrastructure assets. So you know
we're talking drainage pipes, power lines, power poles. And the
important thing is that that portion of land, the utility
(02:58):
that controls that that asset has a legal right to
both control and access that portion of land.
Speaker 3 (03:06):
Okay, so give us a and you've done a pretty
good job there, but give us a typical example of
what that might look like in a suburban property. Is
as simple as a powerpole in the backyard.
Speaker 4 (03:17):
Look it can be, yes, and they the power poles
are the most easy to identify. Power poles, power lines,
we can easily spot those. There are some electricity infrastructure
that is located underground. So just because you don't see
power poles doesn't mean that you're off the hook. So
I'll jump in here and kind of recommend that people
(03:38):
do or dial before you dig, process before getting into
any kind of extension building project. Otherwise, so underground assets
drainage and sewer pipes, obviously we can't see those, but
you must find.
Speaker 2 (03:51):
A complete land pole back then or down the side.
Speaker 4 (03:54):
Sense that's that's certainly sure giveaway that you have a
drainage or storiesment on your property as well.
Speaker 3 (04:00):
And so it was Renee right in saying that this
is all sort of you know, it's a moving beast
and things can change.
Speaker 4 (04:07):
Yes, it is. There has been a couple of changes
in the last couple of years. So obviously we can't
build on an easement, but we also need to make
sure they're providing access. So don't assume that just because
not building there, we also need to make surely compride access.
Speaker 2 (04:27):
To those ems.
Speaker 4 (04:28):
And that's the that's the space that kind of seems
to be constantly shifting.
Speaker 1 (04:33):
And is it a deal breaker.
Speaker 4 (04:36):
It's not a deal breaker. There are It's rarely a
deal breaker. There are some blocks in Canberra, in our
older suburbs, so read Ainsley Turner for example, that has
easements running right through the middle of the block and
they become very restrictive. Most of the time theres are
run along either the side or rear boundary. Occasionally you
(04:58):
might have a side and a rear boundary easement. That
those instances where they're running right through the middle of
the block are rare. So again, dog, before you dig,
searches are really important to make sure that there are
no surprises and an experienced designer will be able to
help you step through that process of understanding what those
(05:21):
limitations are.
Speaker 2 (05:22):
But rarely is your breaker.
Speaker 1 (05:23):
Yeah yeah, okay, Well some very good advice there, Adam.
Thanks for refreshing us this morning and giving us all
that insight. We really appreciate it well.
Speaker 3 (05:30):
And thanks for this year as well.
Speaker 2 (05:31):
Mate.
Speaker 3 (05:32):
You've been on a few times now, So it's really
your insights are excellent as we've just heard.
Speaker 4 (05:35):
So thank you, you welcome guys. Thanks take care, you
to take care.
Speaker 1 (05:40):
Adam Hoble, who's principal building designer at Adam Hoble Designer.
The Australian Community Housing National Conference was on in Camber
recently and brought together a bunch of advocates and people
in government and industry and so on who are working
in this space.
Speaker 3 (05:53):
Can I say I was there at a couple of
bits of this doing a little bit of presenting and
it was inspiring to watch these people come in from
all over Australia talking about this very very serious and
important problem and there's.
Speaker 1 (06:05):
So many people contributing and trying to make it a
better space for people who need it.
Speaker 2 (06:08):
Right yep.
Speaker 1 (06:09):
And Mark Degatadi is CEO at Australian Community Housing, joins us.
Now Mark, good.
Speaker 4 (06:13):
Morning, good morning to you guys.
Speaker 1 (06:15):
Now, look, can you give us an overview of Australian
Community Housing and what it is that you do.
Speaker 4 (06:20):
Yeah. So, Australian Community Housing is the national peak body
for Australia's not for profit community housing providers. So they
provide social and affordable housing to low and very low
income families, give them a hand to build a safe
and secure home. So we've got about one hundred and
twenty thousand properties acros Australia.
Speaker 3 (06:40):
Wow, so important work. We know that out of everything
A week and a half or so ago at the conference,
what was the number one thing that came out of
it for you?
Speaker 4 (06:50):
Oh? Look where I mean, it's been talked about a
lot that we're in the middle of a housing process
that's not new cam But you know, for me, I
guess the thing that came out was just the opportunity
that exists right now to help change some people's lives.
Speaker 2 (07:04):
You know where we've got.
Speaker 4 (07:06):
A federal government that's funded some housing, some money for
social housing, state governments that are leaning in. So it's
just a real opportunity for us. And you know, we
talk a lot about building houses, and of course that
is what we do, but it's actually building homes that
that's what has the impact and it's a real privilege.
(07:28):
We got to hear some stories last week from tenants
really courageously stood up in front of five or six
hundred people and told the stories of their lives and
you know what is really clear to me is that
when we are good at building homes, that gives people
the opportunity to chanceform their lives and that their stories
were just extraordinary. So that's the one thing I think
that's sticking with me, that chance to help people change.
Speaker 3 (07:50):
Their lives, and it must be sort of it must
be really good for you your into Finally, can we say,
you know, governments at all levels of stuff wanting to
really listen to organizations like yours.
Speaker 4 (08:04):
Yeah, Look, it doesn't happen all that often that you
get federal government and state government and local government all aligned. Unfortunately,
it's taken a housing crisis of epic proportions to get there.
But I'd rather focus on the fact that the opportunity
exists can and they're all sitting there, all leaning into
(08:26):
the problem, all working together with not for profits but
also the private sector. How do we help solve this
housing crisis across all levels of housing that buyers, renters,
people who need social affordable housing. It's just fantastic to
see that opportunity exists. Our role, of course now is
to make sure we deliver.
Speaker 1 (08:46):
Yeah, and so with that question in mind that you
just posed just quickly what is your priority for twenty
twenty six.
Speaker 4 (08:53):
Well, the governments last a week or so ago announced
another twenty one thousand somethings, another twenty one thousand so
on of felt for homes over next three and a
half years. So our challenges to deliver out. Our number
one priority is to deliver because we know if we do,
we change people's lives. And then we get the opportunity
to say the government that worked really well, have a
(09:14):
huge impact.
Speaker 2 (09:15):
Let's keep going.
Speaker 1 (09:16):
Yeah, one hundred percent and it does change people's lives.
Mark Decatati, thank you so much for joining us this morning.
Speaker 4 (09:21):
Thanks for talking to me.
Speaker 1 (09:22):
Cheers, thank you. Mark Decatati, whos CEO of Australian Community
Housing and cam Well, quickly mentioned a story we ran
through the week, this kind of stuff at a local
level that we ran in the news CCHC Australia. We're
doing this launching this new housing project where twenty two
houses going to be built in strath Nan for single
women struggling to break into the housing market. So it's
(09:43):
like a it's the Act's first build to rent to
buy program so they get cheaper rent over ten years
so they can save up and then they can potentially
buy the home at the end of that.
Speaker 3 (09:53):
And you know what, David Maxwell out there and the
whole team at Gin and d Area know this is
front and center for them as well. It's very important
part of the whole huge development that they're doing there.
So that is one small piece of the puzzle. Yeah,
that is now in place, which is awesome.
Speaker 1 (10:07):
It's so good. Now once a month or so, can
we like to shine a local lens on the National
property report that's the Totality Home Valley Index that was
published this week. Find out what that means for us
here in Canberra and surrounds. And Sam McGregor is principal
at Windrows Property. He does that for us each time
and we love it.
Speaker 4 (10:26):
Sam.
Speaker 2 (10:26):
Good morning, Renee, Good morning Cam.
Speaker 1 (10:29):
How are we Yes, we are good now, look give
us an overview as always what this report shows for Canberra.
Speaker 5 (10:35):
Oh, it's a pretty simple one but significant this month
and it's a great one because we're looking back over the.
Speaker 2 (10:42):
Quarter of spring.
Speaker 5 (10:43):
So in the last month we saw a one percent
growth in the average dwelling price across the region and
about two point two percent across the spring quarter. The
important thing there, I think is that. Actually it was
about one point three percent for.
Speaker 2 (10:55):
Free standing home so a lot of that growth came
from freestanding dwelling across the region.
Speaker 3 (11:01):
Okay, and was that expected? Did you think that number
would come back too? Point two percent? That sounds like
quite a lot.
Speaker 5 (11:07):
Oh, look, yeah, Camdy, it's a significant amount.
Speaker 2 (11:10):
I can't say that.
Speaker 5 (11:10):
It's expected, but it doesn't really surprise me if I
can say that. You know, two point two percent growth
in three months is significant.
Speaker 2 (11:18):
In anyone's books, because it shows there's a lot of competition.
We've had this conversation a couple of times, and I
suppose it was probably September we started talking about the
fact that there would be.
Speaker 5 (11:30):
Pressure on house prices thanks to the government's new first
home buy scheme, and without a doubt, that's exactly what
we're seeing. The average dwelling price in Camera Thinks, according
to this report, is a million and.
Speaker 2 (11:42):
Thirty five thousand, so just a touch above that cap.
Speaker 5 (11:45):
For first home buyers, which is obviously where the money's
coming from and where it's flying into the market.
Speaker 1 (11:50):
Yeah, and Sam I noticed as well. One of the
key findings here talks about the rbas are cautioned around
inflation and its effect on interest rates and that sort
of thing and how that could impact future Great.
Speaker 5 (12:01):
Yeah, look, Brende, there's an interesting one there, because again,
the RBA's.
Speaker 2 (12:06):
Jobs to manage inflation, and you might say the federal
government's job to keep people happy and give them what
they need.
Speaker 5 (12:12):
From a policy perspective, it's been a great policy to.
Speaker 2 (12:15):
Help first time buyers get into the market, but it
was always going to light a fire under values.
Speaker 5 (12:20):
So the RBA is putting a lot of caution out
there with price pressure that is clearly there upwards thanks
to the government policy. Then they're sort of saying, well,
everyone needs to wind.
Speaker 2 (12:31):
Their expectations back a bit on what interest rates are
going to do, and it's not looking like they'll be
cutting them anytime soon.
Speaker 3 (12:36):
And is that the main thing that agents are speaking
about at the moment or is there something else that
you're all murmuring about together.
Speaker 2 (12:43):
Oh?
Speaker 5 (12:43):
Well, to be quite honest, there's probably more that we're
facing Christmas time. So it's been a manic year and
we've been watching growth and a lot of pressure in
the market.
Speaker 2 (12:53):
It's probably been close to six months now where like
a lot's.
Speaker 5 (12:56):
Been happening so yep, we're all sort of talking about that,
But you've got to say double edged sword interest rates
and government policy. If interest rates don't come down, this
policy is.
Speaker 2 (13:04):
Still going to stay in place. The market's still going
to stay strong.
Speaker 5 (13:07):
So it's I think what we're talking about at the moment.
Speaker 2 (13:11):
Is what's happening in the new year, what can we
expect to happen in the new year, And my view
is that we will continue to see this kind of growth.
It's just going to move from maybe the seven hundred
to a million bracket up to that next point.
Speaker 5 (13:23):
Because what we're seeing a lot of first time.
Speaker 2 (13:25):
Buyers buying their first home. That's great. They're probably playing
a little more than they would have six or twelve months.
Speaker 5 (13:29):
Ago, and so now there's people going to get their
second home and upgrading and saying this is a great
time for us to upgrade as well. So we're seeing
it's going to flow into.
Speaker 2 (13:37):
The rest of the market in the new year. And
that's probably the hardest thing at the moment that we're
all sort of watching.
Speaker 1 (13:42):
Okay, well, no doubt, we'll catch up with you again
not too long once the new year gets underway and
find out where that's all up to. But Sam, thanks
so much for your time today and for your time
throughout the year as well. We love having you on
the show.
Speaker 3 (13:54):
Can I just also let's give a shout out to
the brains behind the operation.
Speaker 2 (13:58):
We see Lauren.
Speaker 3 (14:00):
I work with Lauren, you know, in the week leading
up to get all this together, and then we bring
Sam on and he just takes all the glory.
Speaker 2 (14:08):
Yeah that's exactly right. Yeah yeah.
Speaker 5 (14:10):
Laura my wife, she's the one that leads a charge
and she makes it all happen. So it's been absolutely
my pleasure, on our pleasure to work with you guys
this year and look forward to doing again in the.
Speaker 1 (14:18):
New Yep, we will, we absolutely will Merry Christmas to
you and your tribe there now Sam as well.
Speaker 2 (14:23):
Okay, thanks you, thank you so great weekend.
Speaker 1 (14:26):
You two are Sam McGregor, who's principal at win Rose Property.
Speaker 3 (14:29):
Well, those are the interviews we most enjoyed in last
week's Mixed 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
cham and Renee's
Speaker 1 (14:43):
Real Estate Show on Mix one O six point three
Cameron Renee's Real Estate Show on Mix one oh six
point three be the Envy of Camera Live in de
Burg at Northborne Village by JW.
Speaker 2 (00:09):
Land now Selling.
Speaker 1 (00:10):
Can we are back for another mix onety six point
three Real Estate Show Podcast.
Speaker 3 (00:14):
Yeah, we say it each and every time that we
love having our guests on the show live to wear
each Saturday. But the fact that we get to relive
it on the podcast, that's good as well for anyone
who sort of didn't have the radio on. But it's
nice to also hear it back and hear the interesting
conversations that we get.
Speaker 1 (00:29):
To have, and we did have many of them, one
of which was about easement's. Now we've spoken about them before,
but we did a bit of a refresher course on
what they are and if they're a deal breaker.
Speaker 4 (00:37):
Yeah.
Speaker 3 (00:37):
Adam Hoble joined us principal building designer at Adam Hobel
Design and of course author of the book, nailed it
and he had a really good take on it, and really,
I mean he says it's not a deal breaker. It
is okay, and you can work around these issues that
pop up if you do have easement in your backyard.
Speaker 1 (00:54):
Or frontyard and he did give us some good advice
about that. We also spoke about this National Community Housing
conference that was in hamber recently and kind of some
of the things that were shared there and brought to
the table.
Speaker 3 (01:04):
Mark Degutardi is the new CEO of the Australian Community
Housing Organization and sort of gave us an overview of
the conference and then some of the things to come
out of it as well and some of the you know,
the real outcomes that are going to mean something to
get the houses up out of the ground exactly.
Speaker 1 (01:20):
And we spoke to Sam McGregor, principal at Winrows Property
the latest Totality Home value index. He spoke about the
local camera finding in that and he sounded pretty positive overall.
Speaker 3 (01:30):
I want to say, yeah, very much so in I mean,
why wouldn't he so? Dwelling prices across Canber rose by
two point two percent for the spring quarter. And then
he spoke about what might be happening next.
Speaker 1 (01:42):
Year as well, and so we love getting his insights.
Speaker 3 (01:44):
Indeed we do.
Speaker 2 (01:45):
All right.
Speaker 3 (01:45):
So there it is the Mix one or six point
three podcast. It's all thanks to JW.
Speaker 2 (01:49):
Land.
Speaker 4 (01:52):
Well.
Speaker 1 (01:53):
Can we've spoken about easements before in the real estate
space a couple of different times, not recently, though, and
it is a space that's kind of changing and people
are learning more about us.
Speaker 3 (02:03):
Yes, and look a lot of people hear the word easement,
go oh, exactly what is not quite sure? Well, I
had to.
Speaker 1 (02:09):
Remind myself and ask you, even though we've spoken about
on the show before, and so we're gonna speak to
Adam Hoble, who's principal building designer, Adam Hoble Design and
author of the book now to kind of get his
perspective on it and if it is a deal breaker. Adam,
Good morning, Thank you so much for joining us.
Speaker 4 (02:28):
Good morning, guys. How are you?
Speaker 2 (02:29):
Yeah, we're good.
Speaker 3 (02:30):
Thank you.
Speaker 1 (02:31):
First, let's kick off and just remind everybody and ourselves
slash me exactly what isn't easement?
Speaker 4 (02:38):
Yeah, look quite simply, and easement is a portion of
land that contains service or infrastructure assets. So you know
we're talking drainage pipes, power lines, power poles. And the
important thing is that that portion of land, the utility
(02:58):
that controls that that asset has a legal right to
both control and access that portion of land.
Speaker 3 (03:06):
Okay, so give us a and you've done a pretty
good job there, but give us a typical example of
what that might look like in a suburban property. Is
as simple as a powerpole in the backyard.
Speaker 4 (03:17):
Look it can be, yes, and they the power poles
are the most easy to identify. Power poles, power lines,
we can easily spot those. There are some electricity infrastructure
that is located underground. So just because you don't see
power poles doesn't mean that you're off the hook. So
I'll jump in here and kind of recommend that people
(03:38):
do or dial before you dig, process before getting into
any kind of extension building project. Otherwise, so underground assets
drainage and sewer pipes, obviously we can't see those, but
you must find.
Speaker 2 (03:51):
A complete land pole back then or down the side.
Speaker 4 (03:54):
Sense that's that's certainly sure giveaway that you have a
drainage or storiesment on your property as well.
Speaker 3 (04:00):
And so it was Renee right in saying that this
is all sort of you know, it's a moving beast
and things can change.
Speaker 4 (04:07):
Yes, it is. There has been a couple of changes
in the last couple of years. So obviously we can't
build on an easement, but we also need to make
sure they're providing access. So don't assume that just because
not building there, we also need to make surely compride access.
Speaker 2 (04:27):
To those ems.
Speaker 4 (04:28):
And that's the that's the space that kind of seems
to be constantly shifting.
Speaker 1 (04:33):
And is it a deal breaker.
Speaker 4 (04:36):
It's not a deal breaker. There are It's rarely a
deal breaker. There are some blocks in Canberra, in our
older suburbs, so read Ainsley Turner for example, that has
easements running right through the middle of the block and
they become very restrictive. Most of the time theres are
run along either the side or rear boundary. Occasionally you
(04:58):
might have a side and a rear boundary easement. That
those instances where they're running right through the middle of
the block are rare. So again, dog, before you dig,
searches are really important to make sure that there are
no surprises and an experienced designer will be able to
help you step through that process of understanding what those
(05:21):
limitations are.
Speaker 2 (05:22):
But rarely is your breaker.
Speaker 1 (05:23):
Yeah yeah, okay, Well some very good advice there, Adam.
Thanks for refreshing us this morning and giving us all
that insight. We really appreciate it well.
Speaker 3 (05:30):
And thanks for this year as well.
Speaker 2 (05:31):
Mate.
Speaker 3 (05:32):
You've been on a few times now, So it's really
your insights are excellent as we've just heard.
Speaker 4 (05:35):
So thank you, you welcome guys. Thanks take care, you
to take care.
Speaker 1 (05:40):
Adam Hoble, who's principal building designer at Adam Hoble Designer.
The Australian Community Housing National Conference was on in Camber
recently and brought together a bunch of advocates and people
in government and industry and so on who are working
in this space.
Speaker 3 (05:53):
Can I say I was there at a couple of
bits of this doing a little bit of presenting and
it was inspiring to watch these people come in from
all over Australia talking about this very very serious and
important problem and there's.
Speaker 1 (06:05):
So many people contributing and trying to make it a
better space for people who need it.
Speaker 2 (06:08):
Right yep.
Speaker 1 (06:09):
And Mark Degatadi is CEO at Australian Community Housing, joins us.
Now Mark, good.
Speaker 4 (06:13):
Morning, good morning to you guys.
Speaker 1 (06:15):
Now, look, can you give us an overview of Australian
Community Housing and what it is that you do.
Speaker 4 (06:20):
Yeah. So, Australian Community Housing is the national peak body
for Australia's not for profit community housing providers. So they
provide social and affordable housing to low and very low
income families, give them a hand to build a safe
and secure home. So we've got about one hundred and
twenty thousand properties acros Australia.
Speaker 3 (06:40):
Wow, so important work. We know that out of everything
A week and a half or so ago at the conference,
what was the number one thing that came out of
it for you?
Speaker 4 (06:50):
Oh? Look where I mean, it's been talked about a
lot that we're in the middle of a housing process
that's not new cam But you know, for me, I
guess the thing that came out was just the opportunity
that exists right now to help change some people's lives.
Speaker 2 (07:04):
You know where we've got.
Speaker 4 (07:06):
A federal government that's funded some housing, some money for
social housing, state governments that are leaning in. So it's
just a real opportunity for us. And you know, we
talk a lot about building houses, and of course that
is what we do, but it's actually building homes that
that's what has the impact and it's a real privilege.
(07:28):
We got to hear some stories last week from tenants
really courageously stood up in front of five or six
hundred people and told the stories of their lives and
you know what is really clear to me is that
when we are good at building homes, that gives people
the opportunity to chanceform their lives and that their stories
were just extraordinary. So that's the one thing I think
that's sticking with me, that chance to help people change.
Speaker 3 (07:50):
Their lives, and it must be sort of it must
be really good for you your into Finally, can we say,
you know, governments at all levels of stuff wanting to
really listen to organizations like yours.
Speaker 4 (08:04):
Yeah, Look, it doesn't happen all that often that you
get federal government and state government and local government all aligned. Unfortunately,
it's taken a housing crisis of epic proportions to get there.
But I'd rather focus on the fact that the opportunity
exists can and they're all sitting there, all leaning into
(08:26):
the problem, all working together with not for profits but
also the private sector. How do we help solve this
housing crisis across all levels of housing that buyers, renters,
people who need social affordable housing. It's just fantastic to
see that opportunity exists. Our role, of course now is
to make sure we deliver.
Speaker 1 (08:46):
Yeah, and so with that question in mind that you
just posed just quickly what is your priority for twenty
twenty six.
Speaker 4 (08:53):
Well, the governments last a week or so ago announced
another twenty one thousand somethings, another twenty one thousand so
on of felt for homes over next three and a
half years. So our challenges to deliver out. Our number
one priority is to deliver because we know if we do,
we change people's lives. And then we get the opportunity
to say the government that worked really well, have a
(09:14):
huge impact.
Speaker 2 (09:15):
Let's keep going.
Speaker 1 (09:16):
Yeah, one hundred percent and it does change people's lives.
Mark Decatati, thank you so much for joining us this morning.
Speaker 4 (09:21):
Thanks for talking to me.
Speaker 1 (09:22):
Cheers, thank you. Mark Decatati, whos CEO of Australian Community
Housing and cam Well, quickly mentioned a story we ran
through the week, this kind of stuff at a local
level that we ran in the news CCHC Australia. We're
doing this launching this new housing project where twenty two
houses going to be built in strath Nan for single
women struggling to break into the housing market. So it's
(09:43):
like a it's the Act's first build to rent to
buy program so they get cheaper rent over ten years
so they can save up and then they can potentially
buy the home at the end of that.
Speaker 3 (09:53):
And you know what, David Maxwell out there and the
whole team at Gin and d Area know this is
front and center for them as well. It's very important
part of the whole huge development that they're doing there.
So that is one small piece of the puzzle. Yeah,
that is now in place, which is awesome.
Speaker 1 (10:07):
It's so good. Now once a month or so, can
we like to shine a local lens on the National
property report that's the Totality Home Valley Index that was
published this week. Find out what that means for us
here in Canberra and surrounds. And Sam McGregor is principal
at Windrows Property. He does that for us each time
and we love it.
Speaker 4 (10:26):
Sam.
Speaker 2 (10:26):
Good morning, Renee, Good morning Cam.
Speaker 1 (10:29):
How are we Yes, we are good now, look give
us an overview as always what this report shows for Canberra.
Speaker 5 (10:35):
Oh, it's a pretty simple one but significant this month
and it's a great one because we're looking back over the.
Speaker 2 (10:42):
Quarter of spring.
Speaker 5 (10:43):
So in the last month we saw a one percent
growth in the average dwelling price across the region and
about two point two percent across the spring quarter. The
important thing there, I think is that. Actually it was
about one point three percent for.
Speaker 2 (10:55):
Free standing home so a lot of that growth came
from freestanding dwelling across the region.
Speaker 3 (11:01):
Okay, and was that expected? Did you think that number
would come back too? Point two percent? That sounds like
quite a lot.
Speaker 5 (11:07):
Oh, look, yeah, Camdy, it's a significant amount.
Speaker 2 (11:10):
I can't say that.
Speaker 5 (11:10):
It's expected, but it doesn't really surprise me if I
can say that. You know, two point two percent growth
in three months is significant.
Speaker 2 (11:18):
In anyone's books, because it shows there's a lot of competition.
We've had this conversation a couple of times, and I
suppose it was probably September we started talking about the
fact that there would be.
Speaker 5 (11:30):
Pressure on house prices thanks to the government's new first
home buy scheme, and without a doubt, that's exactly what
we're seeing. The average dwelling price in Camera Thinks, according
to this report, is a million and.
Speaker 2 (11:42):
Thirty five thousand, so just a touch above that cap.
Speaker 5 (11:45):
For first home buyers, which is obviously where the money's
coming from and where it's flying into the market.
Speaker 1 (11:50):
Yeah, and Sam I noticed as well. One of the
key findings here talks about the rbas are cautioned around
inflation and its effect on interest rates and that sort
of thing and how that could impact future Great.
Speaker 5 (12:01):
Yeah, look, Brende, there's an interesting one there, because again,
the RBA's.
Speaker 2 (12:06):
Jobs to manage inflation, and you might say the federal
government's job to keep people happy and give them what
they need.
Speaker 5 (12:12):
From a policy perspective, it's been a great policy to.
Speaker 2 (12:15):
Help first time buyers get into the market, but it
was always going to light a fire under values.
Speaker 5 (12:20):
So the RBA is putting a lot of caution out
there with price pressure that is clearly there upwards thanks
to the government policy. Then they're sort of saying, well,
everyone needs to wind.
Speaker 2 (12:31):
Their expectations back a bit on what interest rates are
going to do, and it's not looking like they'll be
cutting them anytime soon.
Speaker 3 (12:36):
And is that the main thing that agents are speaking
about at the moment or is there something else that
you're all murmuring about together.
Speaker 2 (12:43):
Oh?
Speaker 5 (12:43):
Well, to be quite honest, there's probably more that we're
facing Christmas time. So it's been a manic year and
we've been watching growth and a lot of pressure in
the market.
Speaker 2 (12:53):
It's probably been close to six months now where like
a lot's.
Speaker 5 (12:56):
Been happening so yep, we're all sort of talking about that,
But you've got to say double edged sword interest rates
and government policy. If interest rates don't come down, this
policy is.
Speaker 2 (13:04):
Still going to stay in place. The market's still going
to stay strong.
Speaker 5 (13:07):
So it's I think what we're talking about at the moment.
Speaker 2 (13:11):
Is what's happening in the new year, what can we
expect to happen in the new year, And my view
is that we will continue to see this kind of growth.
It's just going to move from maybe the seven hundred
to a million bracket up to that next point.
Speaker 5 (13:23):
Because what we're seeing a lot of first time.
Speaker 2 (13:25):
Buyers buying their first home. That's great. They're probably playing
a little more than they would have six or twelve months.
Speaker 5 (13:29):
Ago, and so now there's people going to get their
second home and upgrading and saying this is a great
time for us to upgrade as well. So we're seeing
it's going to flow into.
Speaker 2 (13:37):
The rest of the market in the new year. And
that's probably the hardest thing at the moment that we're
all sort of watching.
Speaker 1 (13:42):
Okay, well, no doubt, we'll catch up with you again
not too long once the new year gets underway and
find out where that's all up to. But Sam, thanks
so much for your time today and for your time
throughout the year as well. We love having you on
the show.
Speaker 3 (13:54):
Can I just also let's give a shout out to
the brains behind the operation.
Speaker 2 (13:58):
We see Lauren.
Speaker 3 (14:00):
I work with Lauren, you know, in the week leading
up to get all this together, and then we bring
Sam on and he just takes all the glory.
Speaker 2 (14:08):
Yeah that's exactly right. Yeah yeah.
Speaker 5 (14:10):
Laura my wife, she's the one that leads a charge
and she makes it all happen. So it's been absolutely
my pleasure, on our pleasure to work with you guys
this year and look forward to doing again in the.
Speaker 1 (14:18):
New Yep, we will, we absolutely will Merry Christmas to
you and your tribe there now Sam as well.
Speaker 2 (14:23):
Okay, thanks you, thank you so great weekend.
Speaker 1 (14:26):
You two are Sam McGregor, who's principal at win Rose Property.
Speaker 3 (14:29):
Well, those are the interviews we most enjoyed in last
week's Mixed 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
cham and Renee's
Speaker 1 (14:43):
Real Estate Show on Mix one O six point three
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