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In this week’s episode of the Geared for Growth podcast, host Mike Mortlock is joined by Casey Taylor, Managing Director and Lead Buyer’s Agent at Taylored Property Wealth, to discuss navigating the current property market and how buyers are reacting to uncertainty regarding interest rates and property prices. They also shine a spotlight on the outlook for Brisbane which has performed exceptionally well in recent times.  

Casey shares his perspective, categorising buyers into two types: those who take action and those who find excuses to delay making a purchasing decision. He explains why he believes acting sooner rather than later is the best approach and talks to the expected increase in competition as rates fall. 

Mike and Casey delve into the psychology of buyers and examine the factors that hold people back. Casey offers his insights on looking to the future and how education and planning play a significant role in mapping out a successful investment journey. 

The conversation then shifts to the property market in Brisbane. Both Mike and Casey highlight the recent surge in prices in South East Queensland. They address whether there is potential for further growth or if the market has reached its peak. Casey discusses the many exciting developments planned for Brisbane in the coming years and emphasises that there are still multiple groups coming to open homes, with properties continuing to sell quickly.  

Mike concludes the episode by asking Casey to share his thoughts on what investors need to know and focus on for success over the next six months and beyond. Casey offers insightful advice, encouraging listeners to take action now and benefit from early investment opportunities. 

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Podcast Transcript

In this week’s episode of the Geared for Growth podcast, host Mike Mortlock is joined by Casey Taylor, Managing Director and Lead Buyer’s Agent at Taylored Property Wealth, to discuss navigating the current property market and how buyers are reacting to uncertainty regarding interest rates and property prices. They also shine a spotlight on the outlook for Brisbane which has performed exceptionally well in recent times. 

What we cover in this episode

  •  Are purchasers just waiting for something to happen before they make a move? 
  • What is holding people back from investing in property?  
  • Casting a spotlight on Brisbane – can the run continue? 
  • Having the confidence to transact in a moving market 
  • How much do you need to spend in Brisbane? 
  • Has the value of proximity to the CBD changed over time? 
  • Casey’s outlook for the next location to focus on 

Quotes

There’s people out there that find the excuse to go out and take action, look at those positives where they should take action and then there’s others out there that are kind of looking for those excuses why not to take action potentially and I think that’s just a reflection of where their mindset is that” 2:13 

I think it’s important to separate yourself from the pack and keep taking that action, that’s what it comes back to” 3:50  

“There’s just a lot of exciting things in the Brisbane marketplace where we see those areas we believe it’s going to continue to perform strongly and just consistently long term” 9:23  

What we do in our business and what I do as a property investor is I’m looking at what that property is going to do over 20 or 30 years, not necessarily just for the next couple years so it’s really having that long term mindset when we’re going out there and investing in property” 9:35 

I think that despite it being further from the city there’s still that demand and like you said there’s lots of amenities still in those areas and sometimes they can be second CBD’s” 16:30 

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