The Property Pod

This week the boys from 4one4 Property Co jump in the Property Pod studio to discuss all things Land and Development in their home city of Hobart.

Find out where the majority of the blocks of land are for sale currently & how many have sold in the year to date.

Show Notes

This week the boys from 4one4 Property Co jump in the Property Pod studio to discuss all things Land and Development in their home city of Hobart.

Find out where the majority of the blocks of land are for sale currently & how many have sold in the year to date.

What is The Property Pod?

A fun and accessible look into Hobart and Tasmanian Property with 4one4 Property Co. Real Estate Agents, Patrick Berry and John McGregor

Aaron Horne
Like timber is so expensive. I’m just like, oh, my God.

John McGregor
Lot of it, though, is it? I’m just going to have a shot in the dark.

Patrick Berry
Strap yourself in guys, this is gonna be good!?

Aaron Horne
I love this! It’s going to get pretty wild for me.

Aaron Horne
Alright everyone. Welcome back to the property pod, your weekly engagement into real estate here in the Hobart marketplace. I’m your host, Aaron Horne, and it’s a pleasure to be back at the desk with our boys the real estate agents from Fall One for Property Co. Patrick Berry and John McGregor. Welcome back, team. How are we doing?

Patrick Berry
Excited that I’m sitting in this seat for a third week in a row.

Aaron Horne
As I know how that it. I told you this. This is it. We’re we’re on now. This is the game time. We’re back on. Probably pot is here to stay and we’re going to get it done.

John McGregor
I cannot get enough of this place.

Aaron Horne
Did you guys did you guys missed it last week when you weren’t weren’t invited into the studio, and I just took the reins all by myself.

John McGregor
Who did you notice? I just sat at the back like a creeper for the.

Aaron Horne
Whole half of the year. Any legal advice?

Aaron Horne
I thought I’d do a little test and see if you listen. They want to find out whether you put any homework in. What are we talking about?

Patrick Berry
Listen to an episode 675.

Aaron Horne
I don’t think I have a lot.

Aaron Horne
I know enough of the editing. I know what goes on in there.

John McGregor
It’s just like movie stars. It never like to watch their movies, you know, it just we’re professionals.

Aaron Horne
In an artist. So once, once it’s produced, it’s no longer and.

Aaron Horne
It’s out of your control. Once it’s out in the world, it’s. Yeah, opens slather.

Aaron Horne
Yeah.

Aaron Horne
No, look, it was amazing having the the team from the Talent Collective on their Winter Fest is actually on the day of this release. So this will come out on Friday between one and seven out at Ellington Point. If you’re listening to this on the day it comes out. Yeah, hold on to win the and check that out.

Aaron Horne
It should be a lot of fun.

John McGregor
Yeah, absolutely. I love the fact that we could support that kind of stuff through this medium as well.

Aaron Horne
Oh, look, the the awesome thing is they reached out to me and said, like, I would love to pump it up. Is there anything you can do to help? And I was like, Yeah, look, if you guys want to come and have a chat, it saves me coming up with a topic for the week. So you’re actually doing me a massive favor.

Aaron Horne
Well, I really appreciate it. When people that I bring stuff to this show, it’s all content all the time.

Aaron Horne
Well, to me, to be honest, this is this was one that you brought to the table today. You on the weekend served us up another Jared Beavan article. You threw it out at the gangs and oh, we could talk about this over the.

Patrick Berry
In the pocket, right? So full disclosure, I read the headline and that’s as far.

Aaron Horne
As I go. Yeah.

Aaron Horne
Hit the paywall.

Aaron Horne
And that was it. Letting pay bit.

John McGregor
Then you extract information now?

Aaron Horne
No, look, I.

Aaron Horne
Went through it. It’s actually pretty interesting.

Patrick Berry
I did have a look over.

Aaron Horne
What we.

Aaron Horne
What we were looking at. What caught your I was how many blocks of land were for sale in Hobart at the current time? Like obviously you’re quite interested in it. You purchased a block of land.

Patrick Berry
Or a block of land and I think what caught my interest was will land move into almost like a two tier market in Hobart. So you know, warehouses are selling quite freely but will land start to slow down as a result of building costs going up and up and up. So that’s probably what caught my eye the most is, is that land’s been so hard to get for so long because you know, there’s so many properties being built in Tasmania yep.

Patrick Berry
And now with the rising costs, will we start to see land sit around a little bit longer, a market? Is there an opportunity out there for a savvy buyer that might be able to get a good block of land at a good rate at the moment because there’s less competition than there is to buy a home? That’s what sort of caught my eye.

Aaron Horne
Yeah, for sure. Well, I don’t I’m not sure if you’ve gone through the notices yet. I wonder if you guys would be able to guess the amount of land listings that are currently on the market.

Aaron Horne
I just looked at the screen. It’s right in front of my store is at 140, and maybe one third of the audience is just like, You guys are a nice day.

Aaron Horne
Oh, we’ve got a cola yes.

Aaron Horne
Who’s that on line three? OK, yes. You’re saying it’s a 140.

Aaron Horne
Da dah.

Aaron Horne
No. Looking at the notes here that Ninos put together for us it is saying that yeah. The 140 land listings on real estate dot com as of the week of the 10th of June 2022. So yeah. Extrapolating from there.

Patrick Berry
It’s way more than I actually thought it would be. When I looked through the article I was expecting like land is like you can never get a piece of land to build a home unless you’re prepared to live you know. 40 minute drive from Hobart, 50 minute drive from Hobart, it’s near impossible to get it.

Aaron Horne
Or it’s a giant parcel of kind of bush that you can’t really do anything.

Patrick Berry
With it on the side of a hill and you know, you need a rope to climb up.

Aaron Horne
It like this.

Patrick Berry
Are the problems with the blocks that are normally available in Hobart to buy. So 140, that’s a big number.

John McGregor
Well then when it said the men of sales that we had in, in 20, 20 would use the last two years, 390 and 466. So you know from last year that’s about a quarter of what it sold. So it’s in many ways it seems like a lot, but maybe it isn’t. I don’t know. It’s hard to, hard to say.

Aaron Horne
Well let’s kind of run through where the majority of the blocks for sale are currently and just have a look at kind of what’s out there. So like the, there’s 16 and Sorrel and 13 and Primrose St so you’re heading down a way from the city but into some beautiful, beautiful.

Patrick Berry
Country and there’s going to be more down that way as well. They’re starting obviously there’s a heap, a new road infrastructure that way. So they’ve got the new bypass for the airport. They’ve actually got a Cyril bypass as well. That’s due to open probably any any day now.

Aaron Horne
Is that where they’ve done through the causeways?

Patrick Berry
The Yes, they’ve done between the two causeways they’ve done at the airport. You’ve also now done a whole road that skips Cyril back to Dodge. It’s very symbolic. Yes. Not even going to Cyril. Yeah. But as you start to drive through now, you can just see what that bypass will do to open up extra lane subdivisions to allow Cyril to grow even larger.

John McGregor
Well, this one, an article I read from the Mercury again, actually, I think they’re interviewing either one of the Cyril Alderman or something along that line, but they’re receiving every month between one to $4 million in building applications across their municipality. So, you know, value of building applications. So that can be anywhere from you know, five every month just on builds alone, more or less, obviously, depending upon the value of it.

Patrick Berry
Yeah. So look, I think that area is going to go massive.

Aaron Horne
Well, just on like a on a personal level for you, the BMX club is proposing to move to Cerro. Is that something?

Patrick Berry
Yeah.

Aaron Horne
So this is happening. Not happening.

Patrick Berry
So yes, if people don’t know, my little boy is BMX and we currently here at Glenoak is where our track is. But we will be relocating to Cyril. I believe the tenders for the actual construction of the track go out at the end of this week or start of next week. So yeah, they’re very much pushing forward. Part of Pembroke Park redevelopment.

Patrick Berry
They’ve just had the sports stadium built down there as well. I think there’s a full time cafe in the sports stadium as well. Yeah, yeah. Stage equity ovals, they’re skateparks there. So it’s going to be a really great multi-use sport. I think there’s netball courts in behind as well, so it’s got to be the everything size.

Aaron Horne
Yet Zero is growing and it’s going to be growing fast.

John McGregor
It actually was the fastest growing municipal OK. Yeah. So you think of that, I suppose with.

Patrick Berry
Land don’t fact.

Aaron Horne
Checkers. Yeah, exactly.

John McGregor
I heard it on the grapevine.

Aaron Horne
And when.

John McGregor
I heard it, I made it up.

Aaron Horne
That the those, the bartenders I told him and he was like, Yeah, that was me looking in the mirror when I read the.

John McGregor
But then so that you think about how many young families are moving into that suburbs over the next ten years, you know, looking across all those that infrastructure that helps for young people to have you know, more new activity still makes perfect sense to say, you.

Patrick Berry
Know, it should be good.

Aaron Horne
And then yeah, if you’re making it easier for people to get there from the city with all this extra you know, it’s no different to them coming out towards Glenorchy or Bridgewater wise. So yeah, sorry. Watch this space. Yeah, probably a good spot to get into.

Patrick Berry
And look, that appears to be the largest development happening at the moment. So like you look at some of the other suburbs where land is available, like Oak Downes got Island, Valley, six, Norfolk, seven, they’re all sort of lower numbers that don’t really show growth. They’re probably just indicators that, you know, there’s vacant blocks that have just never been built on that are now just turning over.

Aaron Horne
Yeah. Lennar Valley six is a really interesting one because that feels like it’s kind of yeah, it’s.

Patrick Berry
Locked in of a large subdivisions up there, so there is probably a few that potentially bought and have decided these course not to build yet. I would guess that they’re probably located in the one way. You’ve got one for sale or had one.

John McGregor
Yes, we have one county. Yeah.

Patrick Berry
And then there’s the one on the other side of the road as.

Aaron Horne
Well, kind of near the John Turnbull Park where they’ve expanded up into that hill there, I imagine.

John McGregor
And, and they’re not easy blocks to build on. That’s the thing because I mean Land of the Valley site, everything’s on.

Aaron Horne
I hate to say the name. Don’t be shocked people. Exactly.

Aaron Horne
It’s it’s interesting here though, like John, I know you said like kind of at the moment is 140 on the market and maybe that indicates that it’s quite slow. But as of April 2022, Hobart had 144 land sales at a 284,000 median. So we’re already at 144, the 140 on the market already. So it’s actually looking like it’s going to be a boom year and, and continue to, to grow.

Aaron Horne
So I think the, the anticipation is that there’ll be even more land sales this year than they ever have been across the Hobart region.

Patrick Berry
It, it’ll just be interesting I guess to see how like banks value like what your intentions to use the land for is straight away. So I know here at our office we’ve had two blocks out recently fell over because the people wanted to buy and build, but then by the time that they got the building costs and the land cost, the total value of the home was not going to be worth what the mortgage was.

Patrick Berry
OK. Yeah. So I think if you’ve got a bit of equity behind you, that’s where you’re going to be able to really negotiate with a landowner and get a really good deal because you’re not going to be relying on that in valuation as much to be able to create your next opportunity. But it is also something to be just a little bit careful of as well.

Patrick Berry
You don’t want to overcommitted in an area if you only plan on living there for 12 months is probably not going to get that money back when the time comes to sell.

John McGregor
So that’s interesting point is the building cost of in Hobart at least 30%.

Patrick Berry
Where most materials are up 60%, 60.

John McGregor
Per cent.

Patrick Berry
So timber is 66% over the last two years. OK, steel’s up around 50 something glass like it’s all going up like crazy. Yeah, yeah. And that’s the problem is that the building contracts are getting so expensive now that’s the time the house is finished sitting on the land. The value is can’t justify what the home is.

John McGregor
Worth, especially if you build within, within this time frame at this point. Yeah, yeah.

Aaron Horne
This might sound ridiculous. Like hit me if I’m wrong here, but I’m just thinking don’t we grow heaps and heaps of timber like that way? Like, so does the timber get exported out of Tassie and then we have to, like, import it back in?

Patrick Berry
Like, I think this is, I think you might be correct because I had the same question about power. You know how there’s all this talk about power? Yes. And so I’m like, well, we have like hydro. So our power is clean, it’s cheap, it’s free, it’s not generated by coal. But apparently we sell most of our power to the mainland.

Patrick Berry
Yes. Need to have so much clean power, but then we buy dirty power back into the state. Yeah, that’s why our power bills are going up.

Aaron Horne
I feel like.

Aaron Horne
Since like literally ridiculous.

Aaron Horne
I feel like it’s got to be the same with timber, like surely the forestry and all that stuff. Like where the regrowth, I don’t know. Be good to talk to someone about that. But obviously there’s people way smarter than us that are dealing with this. But as you’re saying, like, timber is so expensive, I’m just like, oh my God.

Aaron Horne
A lot of.

John McGregor
A lot of element though. Is it I’m just going to have a shot in the dark.

Aaron Horne
I love it. Let’s go to this. Shot yourself. You guys get it. It’s going to get pretty wild for me.

John McGregor
But the challenge I suppose, that covers it caused is that the supply chain that everything’s interconnected to has just been completely, you know, stopped. And what happened because money was so cheap, everyone wanted to buy everything. So it just created such an excess of demand that then, you know, shooting at forward, even if I suppose everything was producing at normal capacity, this probably still wouldn’t have been able to keep up because there’s just way too much demand.

John McGregor
Yeah. And so it’d be several years. I only knows how many years before, you know, it just sort of comes back to a normal level after everything’s caught up, after everyone’s requested all these renovations and builds and across the board look.

Patrick Berry
That sounded really intelligent. John, I can’t wait to hear Luke’s assessment on that after this.

Aaron Horne
Yeah. Can we just like, we’ll cut that little set outside, analyze that we don’t economics on a weekly or something.

Aaron Horne
I feel like you’ve nailed it, John, but.

John McGregor
It could be one of those statements that just feels like it’s true. No matter when we say it. Yeah, you can’t.

Aaron Horne
Really say Luke.

Patrick Berry
Wouldn’t Luke be proud if John was there?

Aaron Horne
Also but bravo. He’s got a he’s got he’s got that one thing right.

Aaron Horne
I’ve got to say, I completed the trilogy of this is off topic, but this is about your brother. I was listening to the Pay to Hell. He has got a podcast oh man. I kind of Ghazni.

John McGregor
He’s podcast.

Aaron Horne
So I had to basically go through movies that people haven’t seen and be like, I can’t believe I haven’t seen this and he watched The Godfather, the first one, and now he’s gone through all Three Godfathers, and I completed the trilogy of Luke watching The Godfather over the weekend, and I feel like I’ve watched The Godfather with Luke really?

Aaron Horne
Yeah. You ain’t seen nothing yet. You guys are nothing yet. Anybody out there listen to Peter Hell is podcast called You Ain’t Seen Nothing Yet. He doesn’t need us to plug it, but yeah.

Aaron Horne
We’d like to plug out that. You love it.

John McGregor
Though, when there’s a movie that you want someone to say because, you know, it’s just unbelievable and you just waiting in anticipation to see the look on their face like oh my God.

Aaron Horne
Well, it was like the time I told you that slice alone was very cutting Brockie together. And, you know, I’ve never seen Rocky like.

Patrick Berry
It’s like, I don’t know if you’ve heard of this movie as.

Aaron Horne
The Rock White guys showed kind of.

Aaron Horne
The funny thing is, this episodes got to go out before that. What it is that’s not going to fly.

Aaron Horne
Dammit. Well, there’s a.

Patrick Berry
Golden age.

Aaron Horne
Strike listening for that for.

John McGregor
Those that ended up starting at the end.

Aaron Horne
Yeah.

Aaron Horne
Sorry. Back onto it. Yeah.

John McGregor
Well, one of the things that in Tassie too is that we’ve had it since 2016. The latest census said we’ve had a population growth of 50 to 60,000 people. Yep. So that’s ten, 10% and for Tasmanians I don’t think that’s it. I don’t think it’s ever grown at that pace before.

Patrick Berry
Oh Simon touched on it. I believe this episode’s after some.

Aaron Horne
Incidents and he talks about how.

Patrick Berry
Tasmania has got a rising population in Melbourne Sydney, you’ve got a declining population, hence the reasons why their prices are starting to drop. Yet ours seem to be staying steady. So, you know, I think it’ll be interesting to see what happens over the next sort of 12 months around land sales.

John McGregor
Well one thing that I know Glenorchy had been focusing on as a potential is to obviously re-imagine the way that the land releases go because again, which I cake’s the wrong word, but when you look at say the it’s always suburban sprawl, it’s always suburban sprawl. So it’s just, you know, large, relatively large backyards with large family homes.

John McGregor
Yeah. And again, probably it may not be the right way to service the needs of our population moving forward. So that consistent you know, look at how the those the land could be better utilized rather than just doing consistent sprawl. Hopefully it will be something that you know, they look at over the next five to 15 years.

Aaron Horne
So you’re talking about kind of the medium density stuff that we’ve covered off before about, you know, building up rather than out.

John McGregor
Exactly right. Yeah. Yeah.

Aaron Horne
Well, what I wanted to talk about building from the building on what we have been talking about is kind of the future development of our beautiful city, Hobart way, way, way back when, probably the first on Simon came on, maybe we spoke about the Hobart City deal. Yep. Um, I don’t know if much has happened with the Hobart City deal, but there are still lots of promises that are coming out.

Aaron Horne
So Mach Point is a massive one where it’s just sitting there. There’s massive arguments about what should be done with it. And then another point of contention is the new development of the Tasman Bridge, which is being proposed just this week.

John McGregor
With that, I love the idea. We’re just expanding the size of it. So then you’ve got much more free throw for, you know, walking and biking and I’m not sure if this is a bit of a, you know, a morbid means, but you can see the reason, the height of it as well. So it’s way beyond, you know, so the people can’t is jumping point, you know.

Aaron Horne
Yes, that is a morbid.

Aaron Horne
Sorry to say.

Patrick Berry
It’s more about just having accessibility, connecting the bikes people walk, run, enjoy the bridge a little bit more than just driving across it is what they’re looking at. Absolutely. Yeah, yeah. I think that’s awesome. I think more people doing like exercise and enjoying the view that comes from that bridge. Why not stop and enjoy it rather than just race across it?

Aaron Horne
Oh, look, it’s it’s kind of that arterial part that brings the Eastern Shore over to us and also over to them. Sort of thing. Like, Yeah, the ferries are really great, but if you can get a better use of it and put. Yeah, bike lanes and et cetera in it, yeah, why not go for that? So yeah, basically what’s happening is concept plans for $130 million upgrade to the bridge have been released for public comment.

Aaron Horne
So the reason I wanted this episode to be going out before some other ones that we’ve recorded is this is the first time we’ve been on top of it where we can say, Did you come in and get your comment in? Because normally I come and say, Yeah, if we’d have been on top of this, you would have been able to comment, but you’ve missed your window.

Aaron Horne
So between Monday, June 27th and Tuesday, July 1920, 22, you can contact them or go and have a look at the plans and yet let people know so they’re viable for public comment and the public listen to this.

Aaron Horne
Oh those people out there, get on it, get on it and.

Aaron Horne
Put in any comment. Put a little.

Aaron Horne
Where did you hear about this. The Property Board just so they know that’s where it came from. I hope their servers are up to the challenge we download it, crash the system.

John McGregor
Yes, everyone will allocate time slots, right? So they flood the system.

Aaron Horne
Yeah. If it crashes on you don’t worry.

Aaron Horne
We’ll talk to them about other passionate property pod listeners and then we know there’ll be more time but yes.

Aaron Horne
I’m, I’m all for it.

Patrick Berry
I, I actually really enjoyed when the Mercury put up those couple of days ago reading the comments from all the people below and just blows my mind how people think like 90% of the comments is it needs more lanes, put in two more lanes. I’m like, well yeah.

Aaron Horne
Yeah.

John McGregor
And way and again all the doing you’d widen it and then they just condense into the exit. Yeah. Instead of completely stuff the whole thing anyway.

Aaron Horne
Yeah. And like it’s all well.

Patrick Berry
And good to widen it to have a bike trail or a walking path because the weight involved in that is a lot more sensible, but widen it to get to more lanes where trucks and cars can go across it.

Aaron Horne
Just call it. We just think.

John McGregor
There’s this image in there’s a highway. I believe it’s in China where it goes from 50 lines and conventions into like five or six. Yeah. And so all that oh, you just see is this bottleneck hundreds and probably thousands of cars just bottlenecking into this tiny little you know, this is.

Patrick Berry
One of those Instagram story videos that soldier probably.

Aaron Horne
Probably fake but I like it. Let’s just say it’s true. Let’s just say it’s true.

Patrick Berry
The sandbox and I showed.

Aaron Horne
You the video. Yeah me in the mirror.

John McGregor
I mean, I guess like that’s why the artery is a good analogy for it because, you know, you can try to squeeze as much as you can, but ultimately, if the exit lines don’t exist was just going to slow everything down, it’s pointless. Yeah. At the end, I suppose with those initial photos when he’s got that bright purple surround about the interior of it in the exterior, I think that might need to be revisited it’s a pretty, pretty intense ecologist to be permanent on the bridge.

Patrick Berry
I’m not a fan of that job.

John McGregor
Well, I like the idea with all the lights here, they can change it depending upon the season.

Patrick Berry
Would you prefer it just be like gray and dull?

John McGregor
Yeah, exactly. You know, just. Just like the concretes. 1970s Russian, you know.

Aaron Horne
I like The Mofo was on being able to say the big Red Bridge was yeah. It was really sweet. And we know.

Patrick Berry
It’s at Christmas time we could go green and red.

Aaron Horne
John’s that Holy Spirit. Exactly. Yeah.

Aaron Horne
Look, the Sydney Harbor Bridge, the coat hanger, people love it. It’s kind of an iconic thing. So I’d like let’s make the Tasman Bridge is iconic is that.

Patrick Berry
Yeah exactly the bold John bit of purple in your life. Come on. You’re probably the.

Aaron Horne
Boldest bloke in this room. Like, think about like, look at you. You got your chest hair out.

Aaron Horne
Just letting it, let it hang it with you. Just think he worried about a bit purple bridge.

John McGregor
Just images of my chest.

Aaron Horne
That’s it. That’s that’s. And that’s where we lost him.

Patrick Berry
I know you’re still there, mate. Thanks.

Aaron Horne
I read that they’re not going to be bought into the proposal. Now they’ve already gone the voting.

Aaron Horne
Yeah. If they would have stopped and gone.

John McGregor
They’re already crashed.

Aaron Horne
Just before we leave, I did want to talk about Mach point. It’s a massive point of contention. Even Albo, the Prime Minister, was here the other day saying, you know, get your act together. We would. You’ve got the pricing there. The money’s allocated from your Hobart City deal. Let’s do something with it.

Patrick Berry
What’s happening is the problem is that no one will agree on what needs to go there.

Aaron Horne
Yes, like.

Patrick Berry
It is such it’s the largest piece of land in a city that probably any capital city will say for forever. Like you won’t see this amount of land come available so close to the center of a city.

John McGregor
And realistically, everyone has a right to contribute to the, you know, their important what it should be. That’s a tough one.

Patrick Berry
Yeah. So I think that’s always going to be a problem as people try to decide what to utilize it for.

Aaron Horne
It just feels like classic Tassie, though, like let’s just like sit on our hands and not do anything and just let it like it’s just sitting there doing nothing. Like make a decision on the footy stadium. We’ll put in Bob Clifford’s come out saying he wants to put in you know, a shopping district there and like just let it be like putting all the car parks so that we can funnel everyone there and then let’s get them out and the cable car done.

Aaron Horne
But yeah, yeah, I it’s just nothing is happening.

Patrick Berry
Nothing.

John McGregor
Well when we did one of the old AFL bosses come out to say that it’s almost to put in a Tassie team’s almost like a free deal for the AFL, but the Tassie government will supply 50 million and then if the Macquarie boy build the stadium, AFL doesn’t, you know contribute. It’s, it’s, it’s kind of like a free just a free team for the AFL that have to invest anything.

John McGregor
So you could again if that was there as a, you know, an internationally recognized stadium along with Bob Clifford’s point where you do you do have a very deep port so we can invite the largest cruise ships in as well. Um, it’s, you know, it’s a phenomenal opportunity for a diverse means of inviting people. Yeah.

Patrick Berry
I think whether it be a sports stadium or some sort of other format, just the ability for events to be held high space I think is key because events bring in tourists, tourist brings in money that generates more opportunities for the city. So, you know, stadium sounds like a great idea. And sure, the idea of a team would be great, but, you know, maybe it is have to be a footy stadium.

Aaron Horne
Yes. Is that exactly what he needs right now? Maybe. Maybe not. But just having it sitting there vacant is pretty frustrating as well.

Patrick Berry
I think having a stadium though that holds closer to 30 or 40,000 people in Hobart is something that the city is getting close to requiring though like Delray. That 18,000. Yes, it doesn’t very, very rarely fill up. Yeah. Also limits the opportunities of events that will come here because of its history. Yeah. So if we had a bigger stadium that then control card, bigger events and there’s a larger chance that people would go out to support it.

Patrick Berry
So that’s, that’s the weird part.

John McGregor
Yeah, yeah, yeah, yeah.

Patrick Berry
You got to build it before they would come.

Aaron Horne
All the ones where spread out a way to out.

Aaron Horne
It’s not built to drains. Maybe it’s Wentworth.

Patrick Berry
Obviously you build the drains, but.

Aaron Horne
Anyway, we’re not where they look.

Aaron Horne
All right, guys, that is this week’s episode. Thank you, Nino, for putting together the notes for us. We got through most of them. Yeah, there’s a bit of land out there to buy. There is a bridge development that you can comment on if you’re a timely in listening to this episode.

Patrick Berry
And if one of you could just suggest that it be vinyl wrapped in John’s.

Aaron Horne
Chest.

Aaron Horne
Is such a good comment to go through. I was listening to this podcast.

Aaron Horne
That I recommended that I mention them and something to do with.

Aaron Horne
Chest hair. So thank you there. Respectable real estate agents, by the way.

Aaron Horne
All right, guys, thanks for wasting your time listening to the perfect part once again. We’ll be back next week. We no silly banter.

Aaron Horne
So you guys that.

Aaron Horne
You have been listening to the property bought, recorded and edited by Fool One for Media House in conjunction two for one for Property.

Patrick Berry
Code. This podcast is general information. Only in the thoughts of views expressed is the opinion of our panel and listeners should always take the news their own investigation into any topic we discuss to ensure they fully understand their own situation.

John McGregor
It does not constitute and should not be relied on as purchasing, selling, financial or investment advice or recommendations. Express or implied, and it should not be used as an invitation to take up any agent or investment services. No investment decision or activity should be undertaken on the basis of this information without first taking qualified and professional advice.