{"id":25560,"date":"2019-05-24T12:45:28","date_gmt":"2019-05-24T02:45:28","guid":{"rendered":"https:\/\/realestatetalk.com.au\/?p=25560"},"modified":"2019-05-24T12:45:28","modified_gmt":"2019-05-24T02:45:28","slug":"property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/","title":{"rendered":"Property \u2018shock\u2019 after election + The house that’s cheaper than a car + Dirty money in property and more!"},"content":{"rendered":"

We\u2019re back with Kieran Clair and Kevin Turner as they discuss interesting stories in the real estate industry this week.<\/p>\n

Housing sentiment is set to increase<\/strong><\/a> after The Coalition\u2019s shock win at the elections. The party has pledged to leave key housing tax breaks untouched and experts are expecting a rebound to Australia\u2019s property markets.<\/p>\n

With Labor\u2019s plan to restrict negative gearing, raise capital gains tax, and cancel franking credit refunds – all of which are seen as negative for banks – no longer a possibility, there\u2019s a boost to sentiment in the housing market. As the rate of decline in house prices has been slowing, this might just slow that down further. Hopefully the rate will stabilise for a while, says Morningstar Head of banking research, David Ellis.<\/p>\n

Our second story is about a 500sqm country property that\u2019s going for <\/strong><\/a>less<\/em><\/strong><\/a> than an old used car.<\/strong><\/a> It\u2019s going to need some work, but this might just be the cheapest house in Australia.<\/p>\n

The Murray Street property in Hay, 700km west of Sydney was sold for the extraordinarily low price of $7000 in May this year.\u00a0 In August 2004, the property sold for $48,000, and in June 2012 it was sold again for $30,000. The 1920 property is cheaper than most used cars, and almost $2000 less expensive than some luxury handbags, as reported by realestate.com.au.<\/p>\n

Compare this with the $113,500 median property price in the Hay area, the Murray Street property is a steal. The property boasts three bedrooms, one bathroom and one garage space. It\u2019s also close to several schools.<\/p>\n

Therese Murphy, the agent in charge of the property, called it a \u201crenovator\u2019s delight\u201d. The house is trashed and has loose bricks everywhere, but with a $7000 asking price, it\u2019s not a bad deal.<\/p>\n

US President Donald Trump has a $2.4B problem<\/strong><\/a>, but diehard supporters are still convinced of his business prowess. Tireless research through his federal income tax returns reveal that Mr. Trump has lost $US 1.17 billion ($A2.4 billion) in just one decade. However, 54% of voters across the political spectrum believe that he has been successful in business.<\/p>\n

The US president hit back and dismissed the report as a \u201chighly inaccurate Fake News hit job\u201d on Twitter.<\/p>\n

Our fourth story deals with dirty properties and clean money.<\/strong><\/a> The BBC drama McMafia<\/em> examined the penetration of western economies by organised Russian criminal gangs. This brought the issue into light, eventually leading to proposals for the first register of foreign-owned property aimed at preventing \u201cMcMafia-style\u201d money laundering. The government has been urged to put the policy into practice urgently and reinforced to plug potential loopholes.<\/p>\n

More than \u00a390bn is estimated to be laundered illegally through the UK each year, according to the all-party parliamentary committee scrutinising the registration of overseas entities bill.<\/p>\n

Our fifth story is about a house called a \u201cLiveaboard\u201d<\/strong><\/a>. <\/strong>The property is attached to a very sandy beach, so you can go to the beach from one side of the house and go fishing out the other side.<\/p>\n

Ironically, it\u2019s situated on the banks of Poverty Bay in Washington, but it looks like the perfect property for seaside excursions. Just imagine falling asleep to the mesmerizing sound of the surf and waking up to a day of kayaking, skimboarding, and hiking. Sounds great, right?<\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019re back with Kieran Clair and Kevin Turner as they discuss interesting stories in the real estate industry this week. Housing sentiment is set to increase after The Coalition\u2019s shock win at the elections. The party has pledged to leave key housing tax breaks untouched…<\/p>\n","protected":false},"author":176692473,"featured_media":25567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,11,13,19,25,29],"tags":[70,131],"class_list":["post-25560","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-news-update","category-sponsored-channels","category-video","tag-featured","tag-videos","post_format-post-format-video"],"yoast_head":"\nProperty \u2018shock\u2019 after election + The house that's cheaper than a car + Dirty money in property and more! - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Property \u2018shock\u2019 after election + The house that's cheaper than a car + Dirty money in property and more! - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"We\u2019re back with Kieran Clair and Kevin Turner as they discuss interesting stories in the real estate industry this week. Housing sentiment is set to increase after The Coalition\u2019s shock win at the elections. The party has pledged to leave key housing tax breaks untouched...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-24T02:45:28+00:00\" \/>\n<meta name=\"author\" content=\"Kevin Turner\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kevin Turner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/\"},\"author\":{\"name\":\"Kevin Turner\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/ae5a3b5e891767bd82ad3a068c514329\"},\"headline\":\"Property \u2018shock\u2019 after election + The house that’s cheaper than a car + Dirty money in property and more!\",\"datePublished\":\"2019-05-24T02:45:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/\"},\"wordCount\":570,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"Featured\",\"videos\"],\"articleSection\":[\"Kevin Turner\",\"Kevin's Update\",\"Latest Stories\",\"Property News Update\",\"Sponsored Channels\",\"Videos\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/\",\"name\":\"Property \u2018shock\u2019 after election + The house that's cheaper than a car + Dirty money in property and more! - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2019-05-24T02:45:28+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/ae5a3b5e891767bd82ad3a068c514329\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Property \u2018shock\u2019 after election + The house that’s cheaper than a car + Dirty money in property and more!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. Anywhere, Anytime.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/ae5a3b5e891767bd82ad3a068c514329\",\"name\":\"Kevin Turner\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d2d83fe833d0cb22c11728d9aa25f73b319e658b72509553eff8680404d8bfa7?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d2d83fe833d0cb22c11728d9aa25f73b319e658b72509553eff8680404d8bfa7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d2d83fe833d0cb22c11728d9aa25f73b319e658b72509553eff8680404d8bfa7?s=96&d=mm&r=g\",\"caption\":\"Kevin Turner\"},\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/author\\\/kevin-turner\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Property \u2018shock\u2019 after election + The house that's cheaper than a car + Dirty money in property and more! - Realty Talk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/","og_locale":"en_US","og_type":"article","og_title":"Property \u2018shock\u2019 after election + The house that's cheaper than a car + Dirty money in property and more! - Realty Talk","og_description":"We\u2019re back with Kieran Clair and Kevin Turner as they discuss interesting stories in the real estate industry this week. Housing sentiment is set to increase after The Coalition\u2019s shock win at the elections. The party has pledged to leave key housing tax breaks untouched...","og_url":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/","og_site_name":"Realty Talk","article_published_time":"2019-05-24T02:45:28+00:00","author":"Kevin Turner","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kevin Turner","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/#article","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/"},"author":{"name":"Kevin Turner","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/ae5a3b5e891767bd82ad3a068c514329"},"headline":"Property \u2018shock\u2019 after election + The house that’s cheaper than a car + Dirty money in property and more!","datePublished":"2019-05-24T02:45:28+00:00","mainEntityOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/"},"wordCount":570,"commentCount":0,"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/#primaryimage"},"thumbnailUrl":"","keywords":["Featured","videos"],"articleSection":["Kevin Turner","Kevin's Update","Latest Stories","Property News Update","Sponsored Channels","Videos"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/","url":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/","name":"Property \u2018shock\u2019 after election + The house that's cheaper than a car + Dirty money in property and more! - Realty Talk","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/#primaryimage"},"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/#primaryimage"},"thumbnailUrl":"","datePublished":"2019-05-24T02:45:28+00:00","author":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/ae5a3b5e891767bd82ad3a068c514329"},"breadcrumb":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/channels.realty.com.au\/realtytalk\/property-shock-after-election-the-house-cheaper-that-a-car-dirty-money-in-property\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/channels.realty.com.au\/realtytalk\/"},{"@type":"ListItem","position":2,"name":"Property \u2018shock\u2019 after election + The house that’s cheaper than a car + Dirty money in property and more!"}]},{"@type":"WebSite","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website","url":"https:\/\/channels.realty.com.au\/realtytalk\/","name":"Realty Talk","description":"Your Trusted Voice For Property Investing. Anywhere, Anytime.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/channels.realty.com.au\/realtytalk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/ae5a3b5e891767bd82ad3a068c514329","name":"Kevin Turner","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d2d83fe833d0cb22c11728d9aa25f73b319e658b72509553eff8680404d8bfa7?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d2d83fe833d0cb22c11728d9aa25f73b319e658b72509553eff8680404d8bfa7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d2d83fe833d0cb22c11728d9aa25f73b319e658b72509553eff8680404d8bfa7?s=96&d=mm&r=g","caption":"Kevin Turner"},"url":"https:\/\/channels.realty.com.au\/realtytalk\/author\/kevin-turner\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/25560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/users\/176692473"}],"replies":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/comments?post=25560"}],"version-history":[{"count":0,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/25560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/media?parent=25560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/categories?post=25560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/tags?post=25560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}