{"id":6857,"date":"2016-01-27T01:00:37","date_gmt":"2016-01-26T14:00:37","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=6857"},"modified":"2016-01-27T01:00:37","modified_gmt":"2016-01-26T14:00:37","slug":"john-lindeman-australian-property-market-2016","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/","title":{"rendered":"John Lindeman – Australian Property Market 2016"},"content":{"rendered":"

 
\nOur guest today:\u00a0John Lindeman<\/strong> from Property Power Partners.
\n <\/p>\n

Transcript:<\/strong><\/h4>\n

Kevin:<\/b>\u00a0 Welcome back to the show. Joining us this time to give us his view on 2016, John Lindeman who is the Director of Property Power Partners. Let\u2019s get all the Ps in line there.
\nJohn, how are you?
\nJohn:<\/b>\u00a0 I\u2019m very well. Thanks, Kevin.
\nKevin:<\/b>\u00a0 Good. Happy New Year, too.
\nJohn:<\/b>\u00a0 Thank you very much, and yes, I wish you all the best for the coming year, as well.
\nKevin:<\/b>\u00a0 Well, that\u2019s what we\u2019re going to talk to you about to make sure that we get all of our ducks in a row. What do you think we\u2019re going to be saying about 2016 this time next year, John?
\nJohn:<\/b>\u00a0 I would hope you\u2019d be saying, \u201cWhy didn\u2019t we buy in the areas that John Lindeman predicted?\u201d
\nKevin:<\/b>\u00a0 That\u2019s right.
\nJohn:<\/b>\u00a0 Or \u201cWhy did we buy?\u201d which would be even better.
\nKevin:<\/b>\u00a0 We\u2019ll get to that in just a moment. John, you\u2019re predicting what? A fairly healthy market for 2016?
\nJohn:<\/b>\u00a0 I think so. I think in some parts of the country, it will be very, very healthy indeed and in others, there will be a time of continuing price correction, so I really see two markets going in the different directions.
\nKevin:<\/b>\u00a0 Is it going to be much different from what we\u2019ve seen in 2015, last year, as to where those markets will emerge \u2013 the good ones and the not-so-good ones?
\nJohn:<\/b>\u00a0 I think that the good one will continue to be New South Wales. I think Sydney is pretty much over its high growth, record growth that it\u2019s had over the last few years, but I don\u2019t think it\u2019s going to be a bubble. The growth will probably slow down there.
\nBut I think New South Wales is where the money is. It\u2019s a budget that\u2019s very healthy, a booming economy, and there\u2019s a lot of infrastructure development occurring in Sydney and New South Wales generally, which are some of the biggest infrastructure development projects we have going at the moment, and I think they\u2019ll continue to drive the regional house markets in New South Wales upwards over the next few years.
\nKevin:<\/b>\u00a0 John, what do you think will be the enemies of the market this year? Is it likely to be consumer confidence? Is it interest rates, or is it affordability? What\u2019s going to put a dampener on the market, do you think?
\nJohn:<\/b>\u00a0 I think what\u2019s happened over those two years \u2013 and will continue to happen \u2013 is that with the ending of the mining boom and a lot of the construction workers returning back to the cities they came from and then moving more into housing construction, what I\u2019m seeing is I\u2019ve just come back from a trip to Perth and massive unit development occurring over there and housing development, as well.
\nWhat that\u2019s leading to is a surplus of supply. To a lesser degree, we\u2019re seeing the same thing in Brisbane, but we\u2019re seeing the opposite occurring in Sydney, so there\u2019s just still not enough housing being built.
\nI think they\u2019re the two main things. The ending of the mining boom is changing the nature of housing markets in terms of these areas that had huge shortages of supply now going to experience surpluses. I did not predict a boom for Brisbane; I said it was one of the areas that would continue to have moderate growth, and I think that\u2019s going to slow down over the next year. Perth is likely to continue going backwards, unfortunately.
\nKevin:<\/b>\u00a0 You said at the opening that hopefully people will be delighted with the fact that they moved into the areas you\u2019ve suggested. Are you going to suggest a couple of areas for us, John, that we might want to focus on in 2016?
\nJohn:<\/b>\u00a0 What I can see happening is that, as I mentioned before, the New South Wales government has a huge cash injection from stamp duty. They\u2019re embarking on huge infrastructure developments around Sydney. I don\u2019t think that\u2019s going to turn the market around there because it\u2019s already booming anyway and these are really catch-up improvements.
\nBut when you look away from the capital city to the massive infrastructure development projects, such as the duplication of the Princes Highway south and the Pacific Highway north all the way to Brisbane, these are massive projects.
\nWe recently drove along both of those highways to have a really good look at what was happening. What you can see is the rent demand is escalating as thousands of workers have to live in towns like Kempsey, Taree, Coffs Harbour, Grafton, and Ballina while they\u2019re working on the highway duplication. The local authorities there are urging investors not to engage in rent gouging, but of course, they are. There\u2019s very, very few rental vacancies, so you can see rents really starting to ramp up in those cities and also price rises will then follow.
\nThe difference I see between this and, say, a mining boom is that the improvement of the highway will actually convert these towns into very desirable holiday and retirement areas. I think that price growth will occur after the highway is completed in the next four years. Those towns that I mentioned, Kempsey, Taree, Coffs Harbour, Grafton, and Ballina, when you go south now at Jervis Bay and Batemans Bay, all have a lot of growth coming their way in the next few years.
\nKevin:<\/b>\u00a0 That\u2019s an area for you to focus on then. John, on that point, we\u2019ll say thank you so much. All the best for 2016. Look forward to working with you through the year, as well.
\nJohn Lindeman, thank you so much for your time.
\nJohn:<\/b>\u00a0 It\u2019s been a pleasure, Kevin, and may I wish all of your listeners a very prosperous 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"

  Our guest today:\u00a0John Lindeman from Property Power Partners.   Transcript: Kevin:\u00a0 Welcome back to the show. Joining us this time to give us his view on 2016, John Lindeman who is the Director of Property Power Partners. Let\u2019s get all the Ps in line…<\/p>\n","protected":false},"author":176692471,"featured_media":6859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,11,13,17,25,27],"tags":[101],"class_list":["post-6857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-investment","category-sponsored-channels","category-trends-topic","tag-podcast"],"yoast_head":"\nJohn Lindeman - Australian Property Market 2016 - 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\/john-lindeman-australian-property-market-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"John Lindeman - Australian Property Market 2016 - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"  Our guest today:\u00a0John Lindeman from Property Power Partners.   Transcript: Kevin:\u00a0 Welcome back to the show. Joining us this time to give us his view on 2016, John Lindeman who is the Director of Property Power Partners. Let\u2019s get all the Ps in line...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-26T14:00:37+00:00\" \/>\n<meta name=\"author\" content=\"rolanrush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rolanrush\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 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\\\/john-lindeman-australian-property-market-2016\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/john-lindeman-australian-property-market-2016\\\/\"},\"author\":{\"name\":\"rolanrush\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"headline\":\"John Lindeman – Australian Property Market 2016\",\"datePublished\":\"2016-01-26T14:00:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/john-lindeman-australian-property-market-2016\\\/\"},\"wordCount\":1012,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/john-lindeman-australian-property-market-2016\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"podcast\"],\"articleSection\":[\"Kevin Turner\",\"Kevin's Update\",\"Latest Stories\",\"Property Investment Topics\",\"Sponsored Channels\",\"Trends\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/john-lindeman-australian-property-market-2016\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/john-lindeman-australian-property-market-2016\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/john-lindeman-australian-property-market-2016\\\/\",\"name\":\"John Lindeman - Australian Property Market 2016 - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/john-lindeman-australian-property-market-2016\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/john-lindeman-australian-property-market-2016\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2016-01-26T14:00:37+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/john-lindeman-australian-property-market-2016\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/john-lindeman-australian-property-market-2016\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/john-lindeman-australian-property-market-2016\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/john-lindeman-australian-property-market-2016\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"John Lindeman – Australian Property Market 2016\"}]},{\"@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\\\/384a57ac9e52cb9bf19896cb15eaa52d\",\"name\":\"rolanrush\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g\",\"caption\":\"rolanrush\"},\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/author\\\/rolanrush\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"John Lindeman - Australian Property Market 2016 - 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\/john-lindeman-australian-property-market-2016\/","og_locale":"en_US","og_type":"article","og_title":"John Lindeman - Australian Property Market 2016 - Realty Talk","og_description":"  Our guest today:\u00a0John Lindeman from Property Power Partners.   Transcript: Kevin:\u00a0 Welcome back to the show. Joining us this time to give us his view on 2016, John Lindeman who is the Director of Property Power Partners. Let\u2019s get all the Ps in line...","og_url":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/","og_site_name":"Realty Talk","article_published_time":"2016-01-26T14:00:37+00:00","author":"rolanrush","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rolanrush","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/#article","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/"},"author":{"name":"rolanrush","@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"headline":"John Lindeman – Australian Property Market 2016","datePublished":"2016-01-26T14:00:37+00:00","mainEntityOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/"},"wordCount":1012,"commentCount":0,"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/#primaryimage"},"thumbnailUrl":"","keywords":["podcast"],"articleSection":["Kevin Turner","Kevin's Update","Latest Stories","Property Investment Topics","Sponsored Channels","Trends"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/","url":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/","name":"John Lindeman - Australian Property Market 2016 - Realty Talk","isPartOf":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/#primaryimage"},"image":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/#primaryimage"},"thumbnailUrl":"","datePublished":"2016-01-26T14:00:37+00:00","author":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/#\/schema\/person\/384a57ac9e52cb9bf19896cb15eaa52d"},"breadcrumb":{"@id":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/channels.realty.com.au\/realtytalk\/john-lindeman-australian-property-market-2016\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/channels.realty.com.au\/realtytalk\/"},{"@type":"ListItem","position":2,"name":"John Lindeman – Australian Property Market 2016"}]},{"@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\/384a57ac9e52cb9bf19896cb15eaa52d","name":"rolanrush","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/86544778804295a7fa45cbde097dc3a58a45ba6ed28859f17059ca74c38723d2?s=96&d=mm&r=g","caption":"rolanrush"},"url":"https:\/\/channels.realty.com.au\/realtytalk\/author\/rolanrush\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/6857","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\/176692471"}],"replies":[{"embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/comments?post=6857"}],"version-history":[{"count":0,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/posts\/6857\/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=6857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/categories?post=6857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/channels.realty.com.au\/realtytalk\/wp-json\/wp\/v2\/tags?post=6857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}