Episode Transcript
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Speaker 1 (00:01):
Cameron Renee's Real Estate show on Mix one O six
point three.
Speaker 2 (00:04):
Be the Envy of Canberra. Live in de.
Speaker 1 (00:07):
Burgert Northorne Village by JW Land now selling.
Speaker 3 (00:12):
Cameron Renee.
Speaker 4 (00:13):
Well, it's Nige and Renee today because Cam's away with
the Saturday Morning real estate show thanks to JW Land
exchange on an apartment with just five thousand dollars at
de berg Teas and Seas Apply Renee, good morning to you.
Speaker 1 (00:24):
Good morning, Thanks for coming on.
Speaker 3 (00:25):
This is a lot of fun. I enjoy being on
the real estate.
Speaker 1 (00:28):
Show and you're going to love this next bit.
Speaker 3 (00:30):
Oh, I as I already do.
Speaker 1 (00:31):
You're going to love it.
Speaker 3 (00:32):
Now.
Speaker 1 (00:32):
We had a Property of the Week last week night
that had an epic garage, so it kind of prompted
a chat we're about to have about epic you know,
awesome setups in garages around Canbra. What are they like?
Speaker 5 (00:45):
You know?
Speaker 1 (00:46):
What have people turned garages into that sort of thing?
And so Andrew Chamberlain, who's the managing director at Blackshaw Monica,
is on the line.
Speaker 2 (00:53):
Hi Andrew, Hi, guys, Hie Renee, Hi, listeners. How's everybody going?
Speaker 1 (00:59):
Yes, we we're good and nice me too? Yes, Well,
Andrew Nige was just telling me he's got a bit
of a bit of a swish set up happening in
his garage.
Speaker 3 (01:08):
I have not.
Speaker 4 (01:11):
I turned half my garage into a into a pub
essentially with some little fridges and a TV who watched
the footy, and some chairs for the boys to sit on.
But nothing like the sorts of garages that you want
to talk to us about.
Speaker 2 (01:22):
Oh well, I mean garage. Think garaging has evolved, right, so,
and we have to remember the cars haven't been around
for that long. So once upon a time the garagers
were just an afterthought. They were just a single, very
modest brick garage in the back corner of of of
(01:43):
of otherwise very substantial properties in the older areas of Canberra.
They exist today. The apprentice was just sent down the
back corner of the block to test their brick laying skills.
And from that, of course they've evolved. And when I
was a kid like I have very fond memories of
spending time and my uncle's it was a workshop at
(02:06):
that point, and as you say, there were TVs, there
were pot belly stoves. He was he was he had
an MGB in the corner that he was restoring. Yes,
exactly exactly. There was the pit where you drove the
car over and you could work from under. It was
just a great place to be. And of course garages
(02:28):
and typically they were detached from the house or they
were underneath, and they were they were you can you
could you can you can smell what I'm describing right.
But now garages have become they've become showrooms where lighting
is important. There's not a speck of dust or grease
anywhere where the where the cars are on display. There
(02:52):
are cars that I've seen in some of Canberra's best
garages that I've never seen out on the street. I've
seen some of the Ferrari tests, the Rosses and McLaren's,
and some of the most amazing cars that exist that
collectors have in Canberra that just very rarely see the
light of day. They're just amazing and some of the technology.
Of course, the house we were talking about last week
(03:14):
had a lift in in the garage so that the
infrequently used car could just be hoisted up out of
the way and the daily driver just parks in underneath.
We recently, we recently rented at least a property on
behalf of a client in Turner that had had a turntable.
Speaker 5 (03:35):
And you could, so, yes, there was there was space, but.
Speaker 2 (03:40):
You also need to be able to move around in
that space, right, So the solution there was the car
would come in, you would sit on the turntable, you'd
turn it on, you could, you can you could almost
hear the Thunderbird theme as you were kind of rotating
around on this turntable and then kind of path in
your in your designated spot. Just just great stuff. I
(04:06):
just I love it. And then of course you've got
people like Adrian Portelli who famously airlifted McLaren up to
his penthouse apartment in Melbourne. I mean, there's just the
sky's the limit. Cars on super yachts that are a
track side at the Monaco Monaco Grand Prix. The sky's
(04:27):
the limit.
Speaker 1 (04:27):
Well, they certainly have evolved from what you've described as then, Andrew,
are you seeing many of these garages in established properties
being retrofitted with EV charging stations?
Speaker 2 (04:38):
Oh? We are, yes, So EV charging stations are fairly
easy to retrofit. Yes, the electric cars and the the
large garages are not necessarily kind of they don't necessarily
(05:01):
they're not compatible with the types of owners that so
someone with a collection of cars isn't necessarily the same
person who would who would drive an electric.
Speaker 1 (05:14):
Tape'd be very diplomatic here, Andrew.
Speaker 2 (05:17):
I'm trying to be. And they're just different types of clients,
different types of clients.
Speaker 1 (05:22):
I suppose, Yes, I can tell you which MARSK could
I be in, That's for sure. If I was doing
something to Mike Garrett.
Speaker 4 (05:28):
I'm a V twelve man myself and a twelve vault man,
if you know what I'm saying.
Speaker 2 (05:32):
Yeah, yeah, yeah, And you're either one or the other.
A collection of cars tend tends to have one one
type of car. And if you're an electric car type
of person, and look, I'm a fan of electric cars,
don't get me wrong, but you tend not to have
a collection of them, right. The car is more just
just a tool to get you from A to B
in a very efficient way.
Speaker 1 (05:53):
Yeah, yeah, one hundred percent. And just quickly, Andrew, before
we wrap things up, can you just quickly describe to
us the most epic you have seen at a property.
Speaker 2 (06:03):
Or it would have to be forty six frogut streets
in Turner. It's it's a home that was built by Blackets.
It's won many awards. It's the one that I described
that we've recently recently leased that it is. It's not
the biggest. I mean, there are obviously some garages that
are that are that are absolutely cavernous and you can
fit ten cars and they're they're cool. But this was
(06:26):
really this. This had beautiful lighting, it had a it
had a movement sensitive door so you didn't have to
actually touch anything getting out of the car and into
the house. It was it was really technologically cutting edge
and it was very fancy.
Speaker 4 (06:43):
I think the takeaway Renee and Andrew is that if
you have a Lazy Susan for your car, you have
made it in life's.
Speaker 2 (06:52):
Alo argue that, well, well, if that's your thing, then
then that's a good a good aspiration.
Speaker 1 (06:57):
Absolutely yes, so good Well, Andrew, we could talk to
you about this for another hour, I know doubt, but
we'll have to leave it there. Thank you. I'm so
much for sharing that with this morning.
Speaker 2 (07:05):
Thanks guys, See you later.
Speaker 1 (07:08):
Andrew chamberlains Managing director of black Shaw Monica.
Speaker 4 (07:12):
Oh Nige, you know he's got one of them Lazy Susans.
Speaker 3 (07:15):
For his car. Who does Batman Oh, I'm just saying.
Speaker 4 (07:20):
And if there's one rule you can follow in life, kids,
it's this. If Batman's doing it, you probably should too.
Speaker 1 (07:26):
Be like Batman, be more like.
Speaker 4 (07:29):
Yes, came the way today, Renee, And for whatever reason
they've let me ever go of co hosting the show
with you.
Speaker 1 (07:35):
Well, thank you.
Speaker 3 (07:36):
It's a pleasure hanging out with you. Mate. How are
you enjoying yourself so far?
Speaker 1 (07:39):
Yeah, it's great. And you mentioned before you came in
a bit bit on the tired side this morning.
Speaker 6 (07:45):
Night.
Speaker 1 (07:46):
We had a bit of a night for.
Speaker 4 (07:47):
An old man like me. I had a late night,
but a fun night. I was at the same gig
as our next guest. In fact, the Master Builders Association
of the ACT twenty twenty five Excellence Awards is where
we were, and joining us is the CEO of Master
Builders ac too, celebrating its one hundredth birthday. I might
add one hundred years of the NBA. Please put your
(08:08):
mins together for the CEO. Anna, Neila Gama, good evening, Wow,
good morning, even Anna.
Speaker 2 (08:15):
Nice night's still partying.
Speaker 1 (08:16):
I think I was going to say, Anna, I think
he's still still at the venue.
Speaker 2 (08:23):
That's the market for good event.
Speaker 4 (08:25):
Yes, and it really was. And congratulations to you and
all the crew. You put on a hell of a night.
Tell us a bit about it and some of the
winners that you enjoyed seeing.
Speaker 7 (08:36):
Oh look, I obviously enjoyed seeing all the winners and
all the finalists. But our Awards for Excellence, so it's
the Master Builder's Act and Construction Higher Awards for Excellence
is actually Camera's biggest black tie event.
Speaker 6 (08:50):
So we hopted thirteen hundred members of the industry. There
were one hundred and eighty finalists and fifty eight winners,
and that's across residential, commercial, and civil construction. Both businesses
and individuals themselves.
Speaker 4 (09:06):
All judge aside they should televise this event. And I'm
not making it up. It is like the Oscars, but
for buildings. Yeah, okay, and categories are awesome. You know,
crret me if I'm wrong, and it there's like, you know,
best bathroom Renovation under fifty thousand dollars. And now the
pictures come up, and you know, it is exciting and
fun and it's great to see these people get rewarded
for their work.
Speaker 7 (09:27):
Look, it really is much like the Oscars, a real
showcase of the work of building and construction, and if
you are doing home renovations, it does give you a
lot of ideas. But I think what builders and members
of the industry really like is that it's recognition from
their peers, not simply their clients. Is peer reviewed, is
(09:48):
independently audited, and the judges look really, really carefully at
the craftsmanship and the workmanships that goes into each and
every project or the contribution of the individual. It's a
really special accolade and a real point of difference for
the finalists.
Speaker 1 (10:04):
And yeah, and was there sort of a standout moment
of the night for you.
Speaker 6 (10:08):
Anna look, the entertainment was pretty amazing. It was fire dancers,
but all jokes aside. For me, I loved.
Speaker 7 (10:18):
Looking at the individual awards, the Young Builder of the Year,
the Women in Construction, project Manager of the Year.
Speaker 6 (10:25):
But the House of the Year and.
Speaker 7 (10:27):
Then the Project of the Year are just so so special.
Speaker 1 (10:30):
Yeah, so good. And Nige were saying that you get
to see some of the photos up on the screen.
Did you get to see some pretty cool stoce.
Speaker 3 (10:36):
It's amazing.
Speaker 4 (10:37):
We took great delight and are sitting at our table
trying to guess who was going to win just based
on the photos that went up. We'd all pick our
favorites and cheer if we got it right and all
that sort of. It is a whole lot of fun.
And as I said last night, and I tried to
articulate as best I can as someone who's grown up
in Canberra, I've lived here my whole life for fifty years.
And you're talking to a bloke who used to shop
with his dad occasionally at the man There Mall which
(11:01):
is now the Canbra Center. You know, I've been shopping
at Norman Ross at the Monaro Mall as a young
work with my dad. You know, Westfield Bell Connon wouldn't
exist if it wasn't for the NBA, and I would
not have almost got to first base for the first
time in my life. It wasn't if it wasn't for
the NBA because of Westfield Bell Connon.
Speaker 3 (11:17):
You know what I'm saying, Like just they do great work,
is my point.
Speaker 1 (11:22):
Yes, they do, and you very much illustrate that there.
Thank you, and it's so great to celebrate, you know,
all all the hard work, like you said, and everyone
celebrating each other. So thank you so much for all
your hard work and Thanks for chatting in to us
this morning.
Speaker 6 (11:37):
Thank you guys, have a great morning you too.
Speaker 1 (11:39):
See you later. That's Anna Nila Gama, CEO of Master
Builders ACTEAM Well nights. You might remember from last time
you filled in for Cam on the Real Estate Show.
Each month or so we have the Cotality Hedonic Home
Value Index come out, which is a national housing report
and we like to find out what the local stats
are and the local info for what it for us
(12:00):
here in Canberra. So we're going to do that again
this morning and say good morning to Sam McGregor, principal
at Windrows Property. Sam, Good morning, Good morning, Mante.
Speaker 5 (12:09):
How are you both today?
Speaker 1 (12:10):
Yes, we are good. Thank you. Now look Sam, can
you just give us an overview of the Camera market
as seen in this report.
Speaker 5 (12:17):
Certainly I really simple one, but really positive. This month, Renee.
Speaker 8 (12:21):
We saw in the Camber region zero point six percent
growth across the month of August. House prices or the
average house price in Camera sitting at about a million
dollars and the average.
Speaker 5 (12:32):
Unit price sitting a touch under six hundred thousand.
Speaker 8 (12:34):
So zero points six percent growth in the month of
August's pretty significant, okay, And.
Speaker 1 (12:39):
Is that what you were expecting or was any of
that surprising to you?
Speaker 8 (12:45):
In some ways surprising and in some ways not, I
suppose in the surprising way has been that August is
traditionally this last month in real estate, right, like, it's cold,
it's miserable, We've just come through a pretty wet, cold
winter and people aren't really looking to buy houses. Not
only that that's the month that obviously precedes spring, so
a lot of buyers are thinking, well, let's not buy now,
(13:07):
because not only.
Speaker 5 (13:07):
Do we not want to leave the house to look,
but maybe there'll be some good stuff coming to marketing
spring and it's a great time to be out shopping.
Speaker 8 (13:15):
But in saying that as well, on front doors, like
it's it's probably been a more hectic or yeah, it's
probably the right word. It's been a pretty intense market
up to about a million dollars for the last couple
of months, and I've seen a lot of competitions. So
whilst you know, the calendar tells us it probably shouldn't
be reflected like that, what I'm seeing on the ground
(13:35):
is completely different and it's pretty Yeah, there's a lot happening.
Speaker 4 (13:40):
So SEMy tell me that people subconsciously will say to themselves,
I really want to buy a house, it's a bit cold,
wait till I'm looking a bit boy. That's just just
part of the human condition, is it?
Speaker 8 (13:51):
Or I think it's both subconsciously and consciously.
Speaker 5 (13:54):
I think that people really just feel it and they go,
you know what, I don't think I'll go outside today
and they don't go. Look.
Speaker 8 (14:00):
It just happens every year and then something changes, and
I sort of I've said to a few people lately,
it always gets to.
Speaker 5 (14:06):
The start of spring, and I think that's right.
Speaker 8 (14:08):
I do love this job and forgot I haven't even
realized that standing at the front door through August and
showing houses is not as fun as it.
Speaker 4 (14:14):
Is in set ever see by that rationale though I'm
no expert, but would you not then be better off
buying a house in the dead of winter when no
one else is looking to You're going to have fewer
people trying to buy that same house.
Speaker 3 (14:26):
Or am I reading that wrong?
Speaker 5 (14:28):
No, makee You've absolutely nailed it. And that's why the data.
Speaker 8 (14:31):
Showing, you know, zero point six percent increase in August
shows that there was a bit of competition in August,
and whereas Traditionally it'd be a slow month.
Speaker 5 (14:39):
And you'd probably expect to drop.
Speaker 8 (14:41):
And that's sort of why I say it does surprise
me that we've seen that growth, but it doesn't because
of what I've seen out there.
Speaker 5 (14:47):
I just felt a little home in Higgins.
Speaker 8 (14:49):
Just to give an example, and in three and a
half weeks I had eighty six groups of people look
at it. That's absolutely phenomenal.
Speaker 5 (14:57):
And so it does show you that there's confidence out
there and people saying it's a great time to buy.
Speaker 3 (15:02):
Yeah, good a factory. Now.
Speaker 4 (15:03):
I grew up in Higgins, so there is that celebrity
factor as well that'll drive the prices up.
Speaker 1 (15:10):
Sam, Well, we are in spring now, right, and there's
been a couple of interest rate cuts and all that
sort of jazz. What are you expecting over the coming months.
Speaker 5 (15:17):
Look, you're exactly right.
Speaker 8 (15:19):
Spring always brings people out, gets people a bit excited.
I think that I was saying three months ago to people,
anything you.
Speaker 5 (15:25):
Buy now, I'd be very happy by the end of
the year that you did, and.
Speaker 8 (15:28):
I still really believe that. I think over the next
couple of months, we've just got to see the prices
go up. I put a lot of that down to
RBA and what they're doing with interest rates, probably thirty
percent of it. The other seventy percent is what the
federal government's doing for first home buyers. There are a
lot of incentives at the moment and the king so
they kick in within the next two to four weeks,
depending on what they are, and I think that we'll
(15:50):
just see the competition up to about a million dollars increase,
and so anything you buy today, you're still.
Speaker 5 (15:55):
Going to be happy in three months that you did.
Speaker 1 (15:57):
Yeah, that all sounds very positive. A little bit scary
in a way for some people perhaps, but all very
positive standing overall, Sam, thank you so much for sharing
that with us this morning.
Speaker 5 (16:08):
Thanks Nae, thanks so much. To enjoy the rest of
your sturday.
Speaker 1 (16:10):
You see you later, Sam McGregor, who's the principal at
Winrows Property.
Speaker 9 (16:14):
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
Jam
Speaker 1 (16:28):
And Rene's Real Estate Show on Mix one o six
point three