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A fun and accessible look into Hobart and Tasmanian Property with 4one4 Property Co. Real Estate Agents, Patrick Berry and John McGregor
00;00;00;08 - 00;00;15;00
Aaron Horne
You know, if it was one that kind of that blew me out. And I guess maybe it's that gentrification across the the last ten year period, because I know we've spoken before about I wasn't allowed to go to parties and, you know, if like back in the day it was too dangerous. I love New Norfolk. Now you.
00;00;15;03 - 00;00;19;08
Patrick Berry
Knows that if they do this report in another five years time, you know, if it's no longer on that.
00;00;19;08 - 00;00;20;05
Aaron Horne
Night. I agree.
00;00;20;05 - 00;00;27;03
Unknown
I think going wasn't going to go. I know you're listening to the property.
00;00;27;06 - 00;00;41;29
Aaron Horne
All right, guys, welcome back to the property pod, your weekly engagement into real estate here in the Hobart marketplace. I'm your host, Aaron Horn, and I am joined back by the two guards at the desk. It's been a red hot minute between drinks for everyone in here, but welcome back, Patrick Barry and John McGregor.
00;00;42;01 - 00;00;48;25
Patrick Berry
Can I just say that after what, three or four years of doing this podcast, you are nailing these interesting every week. You don't stuff it up anymore.
00;00;48;25 - 00;00;53;23
Aaron Horne
And I stress about it anymore. I used to be like, Oh my God, I'd be lying in bed thinking and then I say this, and.
00;00;53;23 - 00;00;55;24
Patrick Berry
Then I say this. Now it rolls off the tongue.
00;00;55;24 - 00;01;12;28
Aaron Horne
Rolls off the table. Can I even, like, make it up if you're not here, If you're not here, I got this, no problem. And then I got someone else and they say, No, it's good to have you back. J-Mac May and Pat flew solo last week, and we talked all about his trip to Inman. You were away.
00;01;13;01 - 00;01;13;17
John McGregor
It was on.
00;01;13;23 - 00;01;15;29
Aaron Horne
You in South Australia.
00;01;15;29 - 00;01;21;03
Patrick Berry
Yeah, that's right. Where was I? Was I cause I spent so much time abroad. Where was I last? I was on a.
00;01;21;03 - 00;01;22;15
Aaron Horne
Cosmic trip around the globe.
00;01;22;15 - 00;01;26;03
John McGregor
Yeah. Yeah. Well, that was for the release of my brother's Gene McGregor and Young.
00;01;26;06 - 00;01;28;29
Aaron Horne
Yeah. I was hoping you'd bring some in. You got in the sitting about?
00;01;29;02 - 00;01;35;29
John McGregor
I do. I do. On my kitchen bench mostly, but. Well, we've got, we're going to do, do a tasting at the end of the week and I'm.
00;01;35;29 - 00;01;42;10
Patrick Berry
Sure the listeners will have a discount code in the notes that, you know, we get a kickback like, I don't know, those big name podcasting.
00;01;42;12 - 00;01;44;02
Aaron Horne
Yeah, affiliate marketing, but I just.
00;01;44;02 - 00;01;45;28
Patrick Berry
Use the codes below.
00;01;46;01 - 00;01;48;11
Aaron Horne
Type in McGregor Gene.
00;01;48;14 - 00;01;51;12
Patrick Berry
Friends of the property pod speak today.
00;01;51;12 - 00;02;18;15
John McGregor
Jesus, it's so good. It took six years in the making for those guys. They realistically that Chris is a high voltage electrician, has his own company and Scott was in the Air Force. Yeah, Never really had lots of time to consistently break it, you know, to work on it. But one thing they discovered when they originally I think they said the idea first borns that they were going to have like a little bar in Latvia and realize well that's probably, you know, the coordinating all that was a bad idea because they were.
00;02;18;16 - 00;02;19;23
Aaron Horne
Traveling why Latvia like.
00;02;19;23 - 00;02;21;06
John McGregor
Well they're traveling through Eastern Europe at the.
00;02;21;06 - 00;02;24;01
Aaron Horne
Time Yeah we just fell in love. Latvia, something like that.
00;02;24;04 - 00;02;38;04
John McGregor
It could have been some other ill country, but something like that. And he but when they got back and they realized it really wanted to do this, their first discovered actually we didn't have to become good distillers first. So they end up just learning how to make alcohol.
00;02;38;04 - 00;02;38;25
Aaron Horne
Yeah, Yeah.
00;02;38;28 - 00;02;49;22
John McGregor
So to have their own clear spirit and then build a gin from there and just it just never they always thought, well this it's, you can get into gin really quick boss Mac I'll throw in two botanicals and boom, you've got a product.
00;02;49;22 - 00;02;50;06
Aaron Horne
Yeah. Yeah.
00;02;50;09 - 00;03;14;03
John McGregor
They. But the reality is like with it's over flooded you know the market this gins absolutely everywhere but they never did it with the intention that they wanted to make money. They just wanted to make a good alcohol you know So so with that then they replied the long game to think well look this there's an oversaturation of product, but they just want to make something that I really love, drink themselves and build just a small little business around it that hopefully they can just sort of pay a decent little salary.
00;03;14;05 - 00;03;21;06
John McGregor
Yeah. And then just be distillers and, you know, Chris could sell his company and Scott retired from the Air Force. So that's sort of the long term goal.
00;03;21;12 - 00;03;30;19
Aaron Horne
Yeah. When, when you came in, this is the family. G Now just like Jean, I would have put you guys down for you kind of get whiskey barrel bait. Yeah. Something dirty like.
00;03;30;19 - 00;03;31;11
Patrick Berry
That. Whiskey?
00;03;31;12 - 00;03;49;13
Aaron Horne
Yeah, yeah, yeah. No, it looked really cool. All the design on it and everything they've put together. And obviously, like you said, it's been a six year process to kind of just go from idea to this place. Will we be seeing them on Shark Tank or anything like that coming soon? Like I saw some fancy botanical drinks that were on there last night.
00;03;49;13 - 00;03;50;19
Aaron Horne
I love Shark Tank, by the way.
00;03;50;20 - 00;04;06;20
John McGregor
So the plan is they have all the products paid for so they can just slowly sell it. They've got 2000 bottles in the first run and then figure out where they are, the market, Nicole, figure out how they're going to sell it. So that's a whole nother skill set. Scott was just sharing with us on a family chat as well.
00;04;06;21 - 00;04;23;24
John McGregor
Yeah, yeah. It's so exciting. And, you know, not playing favorites. Look, if you don't like gin, you're not going to like it, you know, because obviously the gin first makes sense. Yeah. Yeah. But honestly, it's a really bloody good product. It's really bloody good. So. So we thought we've got a boat to mix to make this cocktail that they had on the launch night.
00;04;23;27 - 00;04;31;20
John McGregor
So on Friday, ideally I'll bring the stuff in if we can. If not this week we'll do it next week. Yeah but I just said everyone in the office can give it a, give it a crack.
00;04;31;26 - 00;04;36;15
Aaron Horne
I'll be here for that. It'll be a January adventure.
00;04;36;17 - 00;04;37;09
Patrick Berry
So. Yeah, well they're.
00;04;37;10 - 00;04;40;12
John McGregor
Here for the the Gin Fest next week.
00;04;40;14 - 00;04;41;07
Aaron Horne
There's one next week.
00;04;41;07 - 00;04;42;03
John McGregor
Yeah. Yeah.
00;04;42;05 - 00;04;44;20
Aaron Horne
Sweet rock n roll. Oh. Should have been on the podcast.
00;04;44;23 - 00;04;46;16
John McGregor
They're coming for sure. Yeah, they got done.
00;04;46;18 - 00;04;50;09
Aaron Horne
Deal. So they get sort of next week. Tell us about your gin. Let's taste it.
00;04;50;09 - 00;04;54;24
John McGregor
Yeah. And talk about real estate sector. Yeah. Yeah.
00;04;54;27 - 00;04;55;24
Patrick Berry
What's the difference?
00;04;56;01 - 00;05;06;14
Aaron Horne
But boozy real estate was sort of that. I wanted to talk real estate today. I looked into a little bit of stuff. There was kind of a report that came out through Prop tracker. Yeah, that is it. I think it.
00;05;06;14 - 00;05;07;25
Patrick Berry
Was. It's year on the money.
00;05;07;28 - 00;05;39;14
Aaron Horne
And it was interesting this kind of about this, you know, how long people will hold onto a property or how long people will be in certain suburbs. And it's interesting I, I know I've heard of the, you know, the seven year itch. I think you mentioned that even before we started. But that life cycle of kind of you get into your home about seven years later, you feel like it's time to move on to the next one where about five and a half years into having the place where in at the moment our family's grown exponentially since we purchased the house, It was kind of like, Oh, this would be a good fixer upper.
00;05;39;19 - 00;05;58;21
Aaron Horne
Now it's like, now it's a good family home, but it's like, Oh, are we going to participate? So we're actually quite just the average right on track to be the normal person of hitting seven years. It's time to move. Yeah. Yeah. So I just kind of wanted to look into some of the stats on this on this report and say it if it holds true or if it's.
00;05;58;21 - 00;06;10;03
Patrick Berry
A look at this. What always interests me is that people think that it's just seven years, but it's actually every suburb's different. Yeah, some suburbs are longer than others, but most people don't realize that. They just assume that.
00;06;10;06 - 00;06;35;08
Aaron Horne
Well, I guess like a bunch of this stuff is like getting the median and bringing it into it here. And yeah, I guess the easy answer, easy answer is about seven years, and that's when we're going to start prospecting on to the next one. Yep. But yeah, it's interesting. Some of the suburbs here that we've looked across, the report had across all of Tassie, all across Australia, but of course being Tassie based, we looked into our marketplace and I looked across the top ten suburbs with the longest average hold period.
00;06;35;11 - 00;06;42;19
Aaron Horne
So if you want to kind of go through some of those one, maybe we could talk to why we think those suburbs might have a longer time than other ones.
00;06;42;23 - 00;06;58;19
Patrick Berry
Yeah, well I guess the first stat that the report actually outlines, which I thought was quite interesting across all of Tasmania, it's actually the one year each year. So we took about seven, but the average person in Tasmania owns a property for over ten years. It's actually up 23%, a.
00;06;58;21 - 00;07;01;01
Aaron Horne
Ceremony at halfway. I've still got plenty of life out of my head.
00;07;01;01 - 00;07;04;08
Patrick Berry
Yeah, right. So just settle in anywhere, anytime, all right?
00;07;04;10 - 00;07;07;13
Aaron Horne
Oh, my God. Yeah. That's close to world class. The schools. Because of all the things I did. Yeah.
00;07;07;13 - 00;07;27;06
Patrick Berry
It's interesting, because I assume that as properties become more expensive, people are less inclined to move. Things like that probably are factors as to why people aren't moving as much as what they were. But, you know, it's an interesting sort of report that's come out and the stats and then even the suburbs that are that perform better than others are quite interesting for the different reasons.
00;07;27;06 - 00;07;30;23
Patrick Berry
I guess like why they they're appealing to people.
00;07;30;25 - 00;07;45;22
Aaron Horne
Yeah. So I want to pick kind of your brains on why you kind of thought so Looking at the top ten suburbs on this report from top track, it's got West Moonah at the the top of the top and then we've got Newtown, Launceston I guess, General as the whole city. And then we got.
00;07;45;22 - 00;07;47;05
Patrick Berry
To love that Launceston is just.
00;07;47;05 - 00;07;48;09
Aaron Horne
Yeah, it's just smack.
00;07;48;09 - 00;07;52;12
Patrick Berry
Back I guess. It's no different to the suburb of Hobart. There is a Hobart. Okay, so.
00;07;52;14 - 00;07;53;06
Aaron Horne
Essentially this.
00;07;53;08 - 00;07;53;26
Patrick Berry
Doesn't have any.
00;07;53;26 - 00;08;05;25
Aaron Horne
Suburbs, no Riverside or Mowbray or any of those other places, Newstead, South Hobart, West Hobart, Dodges Ferry, a pretty interesting one there, Lindisfarne, Somerset and Lauderdale.
00;08;05;25 - 00;08;22;18
Patrick Berry
Well, first thing I noticed when I look at that list of ten suburbs is they all come with a different style of lifestyle. Yep. And it's, you know, dodges ferries. Yep. Beachy Vibes Town where people move down there because you can still commute back to Hobart within sort of an hour, less than an hour now with the new highway, new bypass.
00;08;22;21 - 00;08;37;00
Patrick Berry
And you're still getting that weekend Beach vibes of Clifton Beach and being able to be part of the surf life saving community. That type of stuff. Yeah, I know for a fact that a lot of people relocate from Sydney's northern beaches to sort of the Dodges ferry Carlton, that sort of area.
00;08;37;03 - 00;08;45;20
Aaron Horne
Yeah. Even Lauderdale is a, is a prime spot for somebody that's kind of lived in that kind of area and is looking for kind of Yeah. That beach lifestyle that's not too far from the city.
00;08;45;20 - 00;08;50;23
Patrick Berry
Yes, I think it's a lot of people from the mainland that forget the Tassie is too cold to actually swim.
00;08;50;25 - 00;08;51;04
Speaker 5
Before.
00;08;51;07 - 00;08;58;05
Aaron Horne
They're used to that travel time and that commute. And they're not they've got no issues with what you're complaining about. 40 minutes to get to work. Yeah, I kind.
00;08;58;05 - 00;08;59;16
Patrick Berry
Of get to the corner store in 40.
00;08;59;16 - 00;09;00;12
Aaron Horne
Yeah, exactly.
00;09;00;15 - 00;09;16;28
Patrick Berry
But then you know, you look at some of the other suburbs and you know, if you take Newtown or Westminster into consideration, they both have a lot to offer as far as cafes, restaurants, lifestyle that's within the community itself and also a short commute back to Hobart City itself.
00;09;16;28 - 00;09;39;27
Aaron Horne
Yeah, So that when I looked at those ones, the thing that instantly jumped out of me was was that those family areas where you're not inner city living, you've still kind of got a backyard. You can still maybe ride your bike on the street without having the fear of, you know, being run out, being run over or yeah, I still had that homely, even 1980s vibe about some of the areas there.
00;09;40;00 - 00;09;43;03
Patrick Berry
I got those big lush trees down the street. Yeah.
00;09;43;05 - 00;09;59;09
John McGregor
So one one thing you West Moana you consider the make up of most of those homes and a lot of them were built by European migrants at the time. They're all brick, they're all double storey and they've got the, the, you know, the three bedroom house at the top and a rumpus or a granny flat underneath.
00;09;59;09 - 00;10;02;09
Aaron Horne
So you just go up my house in West Moonah that I grew up in.
00;10;02;14 - 00;10;21;27
John McGregor
So they're built to be able to sustain a family over multiple generations. Yeah. So it kind of makes sense that those houses serve more than, you know, one or two children. They serve up to, you know, three, four, five. You know, however big a family, they're built to be able to sustain that growth. Yeah. So they could, you know, hold that family up for a longer life cycle as well.
00;10;21;29 - 00;10;39;09
John McGregor
But even, I mean, again, you know, new to Newtown, the same that because it had been an aspirational suburb that's going to be that you know, your second or third move often in most cases. So then you're able to you're not going to want to move again. It's like, okay, we're in the suburb. We need to be house.
00;10;39;09 - 00;10;53;21
Patrick Berry
Are you you're working on the theory that Newtown is one of those suburbs that you can't buy into as a first time buyer. You're working to that level. So when you hit that, you're in sort of maybe, you know, early to mid forties, you know, you're getting that that that goal of the final family home.
00;10;53;21 - 00;11;11;21
Aaron Horne
Yeah absolutely Yeah well like you South Hobart's West Hobart it's almost like you've reached a of Rachel I want to reach I don't want to overreach this point and then in a counter to that that some of the shortest average hold periods do seem like they're more the suburbs where I've got into the market. Yeah.
00;11;11;21 - 00;11;30;20
Patrick Berry
The your first time buyer you invest in marketplace so obviously investors turn properties over a lot quicker because they'll they'll use it for a certain period of time to get value out of capital gains at tax times from lower tax. Different things like that that you know, there's a purpose to it. Yeah. And then they move on to the next investment property.
00;11;30;20 - 00;11;50;21
Aaron Horne
It's interesting, just like jumping straight out at me at the so looking at the other end with the top ten suburbs with the shortest average house period, we've got like your East Devonport, you always stand your Mowbray. I remember when I wasn't here when you spoke to the guy, but who was the investor that we came in who'd purchased places in that area?
00;11;50;24 - 00;11;53;04
Patrick Berry
God, I hope he's not listening, cause I. I'm having my blank.
00;11;53;04 - 00;11;54;09
John McGregor
Yeah, and I could same.
00;11;54;13 - 00;11;55;13
Aaron Horne
Yep. Sitting right here. Yeah.
00;11;55;14 - 00;11;56;12
Patrick Berry
And you'll say, yeah.
00;11;56;12 - 00;11;57;01
John McGregor
I've got a monthly.
00;11;57;02 - 00;11;59;11
Patrick Berry
So. And he brought so much more value than you ever did.
00;11;59;11 - 00;12;03;15
Aaron Horne
Oh yeah. But anyway, I remember. Yeah.
00;12;03;21 - 00;12;07;23
Patrick Berry
Well all these suburbs that he's listing pretty much all the ones he was buying. Exactly.
00;12;07;23 - 00;12;24;25
Aaron Horne
So yeah, it was really right on to the, the bowl there and yeah. As you look into those kind of let's get in the market, let's find out why I like Byfield. That's where I lived. When I went to uni, there were so many kind of housing commission homes there that you could say lots of investor who picked up prices.
00;12;24;25 - 00;12;29;14
Aaron Horne
Oh, man, that was where in his investment property we were. It was looking after us while we were.
00;12;29;16 - 00;12;31;16
Patrick Berry
Was he really where.
00;12;31;18 - 00;12;32;00
Aaron Horne
He was looking?
00;12;32;00 - 00;12;32;17
Patrick Berry
It's interesting.
00;12;32;17 - 00;12;36;19
Aaron Horne
He was looking after us. We weren't looking after the house.
00;12;36;21 - 00;12;38;01
Patrick Berry
There's any point looking at that place.
00;12;38;01 - 00;12;56;07
Aaron Horne
But I actually do think from memory, the back bedroom that Turner lived did, there was definitely like a doctor in the roof there when we moved in that. So definitely been growing. Something interesting in that back room, I'm sure just had a lot of special vibe, that room.
00;12;56;09 - 00;12;57;07
Patrick Berry
And he was always.
00;12;57;13 - 00;13;01;12
Aaron Horne
So relaxed. How Well, he wasn't paranoid.
00;13;01;12 - 00;13;04;07
Speaker 5
Yeah, I was.
00;13;04;07 - 00;13;08;02
Patrick Berry
Like jovial over the.
00;13;08;05 - 00;13;23;29
Aaron Horne
Look. It's interesting. Yeah. Looking at these kind of the other end of the spectrum, New Norfolk was one that kind of that blew me out. And I guess maybe it's that gentrification and across the, the last ten year period because I know we've spoken before about I wasn't allowed to go to parties in New Norfolk back in the day.
00;13;23;29 - 00;13;26;06
Aaron Horne
It was too dangerous. I love New Norfolk.
00;13;26;06 - 00;13;31;00
Patrick Berry
Now you know, is that if I do this report in another five years time, you know, if I it's no longer.
00;13;31;00 - 00;13;32;11
Aaron Horne
On that night I great.
00;13;32;14 - 00;13;45;17
Patrick Berry
List. It's definitely becoming a family vibe area. Yeah new subdivisions going out there like there's a really cool brewery that's opened up out there, distillery out there. So, you know, McGregor takes off. Maybe they can get a distillery up that way somewhere.
00;13;45;20 - 00;13;48;17
John McGregor
Oh, just wait. We'll have blimps and everything blinks.
00;13;48;18 - 00;13;55;26
Patrick Berry
Was blue got here because no one has blimps. It doesn't hurt to bring.
00;13;55;28 - 00;13;56;11
Aaron Horne
In blimps.
00;13;56;11 - 00;14;00;22
John McGregor
But that's I mean, you get really good value for, you know, per hour because guns that damn fast.
00;14;00;25 - 00;14;02;20
Patrick Berry
I heard the Hindenburg is on site.
00;14;02;22 - 00;14;06;06
Aaron Horne
Hey anchor that just burn the gene to, like fuel the blimp.
00;14;06;14 - 00;14;10;07
John McGregor
Yeah, that's the point. Like, there's just there's so many ways to use a blimp that was still invented.
00;14;10;13 - 00;14;13;14
Patrick Berry
Those early batches. It didn't go anyway. Yeah, that's right.
00;14;13;17 - 00;14;15;26
Aaron Horne
We got this.
00;14;15;29 - 00;14;27;26
Patrick Berry
But, like, there is a lot to like about, you know, if it is really giant ls up there, they have a day. And I don't know if you've been out there recently, even like the rowing clubs got these giant clubs. Oh yeah, I'm on the waterfront, so I didn't know that was there.
00;14;27;29 - 00;14;41;14
Aaron Horne
And the way the valley kind of sits, it always seems to be so glassy down there. You never kind of have to worry about kind of it blowing. Of course, the amount of times I've been down there flying the drone and looking, you know, like over the river. I'm like, Man, this place is gorgeous.
00;14;41;14 - 00;14;56;06
Patrick Berry
Yeah, That's how I can see why it's definitely changing. I'm surprised to see it on that list. If I'm being honest. It's actually very surprised to see a side just like 5.5 years is the average hold, according to this report. And to me, that seems strange.
00;14;56;06 - 00;15;06;17
Aaron Horne
So from a real estate agent point of view, I know you just mentioned before you, like found the next place that as I should be prospecting like getting these boots on the ground and dropping his.
00;15;06;19 - 00;15;07;04
Patrick Berry
Fliers.
00;15;07;05 - 00;15;15;15
Aaron Horne
His card. Now, what about the card of you guys? We haven't covered this on the property part. I'm just kind of dart in there. Did you wait? Talk about the Reddit thread as his card.
00;15;15;15 - 00;15;17;03
John McGregor
Oh, that's great. Yeah, it's so good.
00;15;17;03 - 00;15;44;06
Aaron Horne
So just randomly out of nowhere the other day, Mark Stewart, friend of the podcast, has text or he said, I don't know if you've seen this. What do you think about it? And it was this Reddit thread of Arron Murray had popped his card into someone's letterbox and drawn a Well, he had enjoyed the penis on it. Someone had drawn a penis on it and put up, you know, this list of sick of getting all these rubbish email letterbox but right it's a pretty horrible place.
00;15;44;06 - 00;15;48;10
Aaron Horne
Like Reddit is the place on the internet worse than Twitter where people.
00;15;48;16 - 00;15;49;04
Patrick Berry
Would just hate on it.
00;15;49;06 - 00;15;58;03
Aaron Horne
So mad at each other. And so they always things it was always lovely things coming up. That's right that Arron about Martin about oh Volvo are actually a pretty good agency.
00;15;58;06 - 00;16;08;18
John McGregor
It was it was really surprising because even what it was only a few people proportionately they're dumping on agents like let's find like what's wrong with that. Yeah it was just it was just weird like you don't expecting it.
00;16;08;18 - 00;16;24;16
Patrick Berry
Don't you love when it happens on Facebook as well? When someone puts out a comment and they're expecting everyone to be on their site and it's totally back. Yeah, yeah, yeah, yeah. We're all over the place today, but I'm currently on this ticket sales thing for F1 Group and this person had a free access code to be able to get presale tickets.
00;16;24;16 - 00;16;25;02
Aaron Horne
Okay. Yeah, you.
00;16;25;02 - 00;16;40;21
Patrick Berry
Just got randomly selected. I mean, I got a code and this person's like, I've managed to secure tickets. I don't need my access code for Monday's morning sale, if you'd like to buy it from me. DME is a fricking free code and everyone just hate it on them. They're like, You can't sell a code you got for free.
00;16;40;21 - 00;16;54;19
Patrick Berry
That's just a dog act. Giveaways. So a lot. Wow. Yeah. Yeah. And like, he was like, you know, I think in his head he was like, Oh, I've got this code. I want to go to waste. I'll sell it to someone cheap. But yeah, everyone's just like, you should. If you giving that code away to the poor people, I couldn't get a code.
00;16;54;19 - 00;17;00;29
Patrick Berry
And it's a great example of like to me of the same thing with the irony. This guy's put up thinking people are going that's going to hate or.
00;17;01;01 - 00;17;01;15
Aaron Horne
Yeah.
00;17;01;19 - 00;17;02;19
Patrick Berry
And they didn't know.
00;17;02;19 - 00;17;04;10
Aaron Horne
Well, yeah, it was funny, quite positive.
00;17;04;10 - 00;17;11;11
John McGregor
And especially given, you know, and nature of our business like we're the easiest max and to be crapped on. But that didn't happen.
00;17;11;13 - 00;17;29;18
Aaron Horne
Oh well he did like the words. There were some. Yeah. If you, if you want to find it, head out of it or read it. And I think if you search in like a Hobart subreddit you'll find a heron Maori with a phallic symbol drawn across his face and then some, some not. But the main things and some nice things that.
00;17;29;18 - 00;17;30;11
John McGregor
Yeah, yeah, yeah.
00;17;30;15 - 00;17;39;17
Patrick Berry
But getting off topic lately. But it brought back to prospecting in an area where a house may be. Yeah. To say yeah.
00;17;39;20 - 00;17;50;23
Aaron Horne
Could a real estate agent use this list and be like okay so the whole time for properties here is lower than other suburbs. I'm going to try and take my climbing in this area.
00;17;50;24 - 00;18;06;21
Patrick Berry
I think there's merit behind it. Yeah, if it works, I don't know. Like any prospecting is only good if you repeatedly do it consistently. I think we have a lot of prospecting. People expect the answer tomorrow or the listing tomorrow, not the one in 2 to 3 years time. Yeah. Yeah. I guess it would depend how hard you prospecting area.
00;18;06;21 - 00;18;29;01
John McGregor
Well, the other part too is you need to for an agent's perspective, if you're trying to establish a certain, you know, income for the business, you also need to know how many houses are actually in that area because it is like it's got the hot, you know, it's got the highest turnover, but there's only like 500 homes in the in the suburbs or you probably still going to starve a little bit because it sounds like they're selling, you know, quite quickly, but there's just not many houses.
00;18;29;01 - 00;18;45;14
John McGregor
Yeah. So it's all relative to the actual size of the market in that as well. Yeah, it's but honestly, like it is, you know, like in any business you can determine what your market, how many there are and what's the potential exposure. So it makes sense from a strategy perspective, of course.
00;18;45;16 - 00;18;57;28
Aaron Horne
Yeah. And it's it's an interesting kind of Yeah. But you've got to mention in jest. But I was like, well, it's not the worst way of trying to find business. Like you're well, if you can work out the places to go, are you going to have a lot of success? Right.
00;18;58;00 - 00;19;17;19
John McGregor
Well, I'd like to when going back to the thing about movement you Norfolk so that the economists and flattery is it always get the longest I had a nice the bit she talked about it's like better infrastructure and gentrification so the more that a suburb is going to be able to serve you, the more likely you going to stay.
00;19;17;22 - 00;19;27;03
Aaron Horne
Yeah, which is kind of what I mentioned with New Norfolk before. It was like it feels like the idea of the suburb of Norfolk is not the same as, you know, early 2000.
00;19;27;03 - 00;19;36;16
Patrick Berry
So in the suburbs it's doing well with the council, doing well at the moment is the civil council. Yeah, The way that they are creating opportunities for their people in that area is just astounding.
00;19;36;17 - 00;19;41;16
Aaron Horne
Have you been to the new park that's around? Yeah, I'm with the Ninja Warrior.
00;19;41;18 - 00;19;42;11
Patrick Berry
No, I haven't.
00;19;42;12 - 00;19;56;00
Aaron Horne
Oh, man. Yeah. Oh, it's so good. So, yeah, it's got a massive kids playground. Not as big as the Kingston one, but like, heaps of little areas for different age kids and then an adult sized ninja warrior course for training. For Ninja Warrior.
00;19;56;02 - 00;19;58;17
John McGregor
It's set. I had no idea that was it.
00;19;58;18 - 00;20;05;03
Patrick Berry
It's a massive fight between Kingston and Syria, in my opinion. So the council that are offering the best value for their people.
00;20;05;03 - 00;20;05;19
John McGregor
Yeah. Yeah.
00;20;05;19 - 00;20;13;06
Patrick Berry
Considering it's just a standing what those two suburbs are doing as far as like facilities, like infrastructure and playgrounds.
00;20;13;06 - 00;20;17;13
Aaron Horne
I don't want to shit on our local area, but like, what about our pool?
00;20;17;16 - 00;20;32;23
John McGregor
Well, it's as you're speaking, the first thing that I said, you know, running Thor, which is going to Google, is one that lacks vision of what it wants to do next. Because you think of all those those suburbs like it's very driven, right? Family. Let's invest in the infrastructure to get them to have everything they need locally, which is good.
00;20;32;23 - 00;20;36;17
John McGregor
Okay, I suppose it's just been so well established like now what the heck do we do?
00;20;36;17 - 00;20;54;20
Patrick Berry
Yeah, it's like if you treat the council as a business, for instance, it's any business, it grows. They get to a point where they feel like they've hit a wall. Where do we go from here? Like if you look at Sorrel and Kingston, they're both emerging suburbs. They both like getting lots of new subdivisions, population. So they've actually got income coming in to help fund these projects.
00;20;54;20 - 00;21;08;07
Patrick Berry
Yeah, yeah. Where Glenorchy hasn't got an opportunity to develop more, that's properties. More people are living to the suburbs. So they, they're at a point where they've spent their income, Oh, it's all allocated, it makes it hard to do these projects where yeah, yeah, Cyril's got endless construction happening.
00;21;08;08 - 00;21;11;19
Aaron Horne
Oh yeah. Well yeah, it's the same, the payments track is the same.
00;21;11;19 - 00;21;19;03
Patrick Berry
But if you're a population or your housing is growing rapidly, you've got extra funds that aren't allocated to anything. So you can do these projects.
00;21;19;03 - 00;21;23;26
John McGregor
Yeah. And listed less objection because it's sort of a bit more future focused. And I guess is there I guess.
00;21;23;26 - 00;21;31;00
Patrick Berry
You've got to offer those things. So people say, yeah, I want to move to that area 100% Yeah. So you can see why some of the suburbs are doing really well at the moment.
00;21;31;05 - 00;21;33;19
Aaron Horne
Yeah, No, I dig that. That's actually a really good point. And yeah.
00;21;33;20 - 00;21;38;02
Patrick Berry
Not nothing against Glenorchy. You guys are doing a pretty good job. We're getting some new playgrounds at the moment.
00;21;38;02 - 00;21;44;07
Aaron Horne
Oh yeah. No. And yeah. And the one, the skate park just going in it, the Montrose Bay and the one oh.
00;21;44;07 - 00;21;48;00
Patrick Berry
Paton I'm not on the skate park. Oh that's a story for another time.
00;21;48;00 - 00;21;53;07
Aaron Horne
Oh okay. Well we'll save that for next week. I'm but air down by.
00;21;53;10 - 00;21;54;13
John McGregor
Keeping on read it you know.
00;21;54;13 - 00;21;56;09
Speaker 5
Yeah.
00;21;56;12 - 00;22;01;20
Patrick Berry
I've actually got to say I've read it's going on that at the moment they're not getting much traction though.
00;22;01;22 - 00;22;10;20
Aaron Horne
But yes no look there are things going in and and as you say, like there emerging suburbs where there's space to grow, we're kind of boxed in here in this space when we get stuck.
00;22;10;20 - 00;22;13;07
Patrick Berry
On the ability to create more opportunities.
00;22;13;07 - 00;22;30;11
John McGregor
And so I suppose so much can division do because the local with a finite amount of use of space or the repurposing of buildings, it's just got so many different heads at this point with so many different conflicting perspectives. Whereas in growth, it's like, well, it makes sense. Well, this is there's, there's space, you've got space view, we've got space from there.
00;22;30;13 - 00;22;31;01
John McGregor
Everyone's happy.
00;22;31;06 - 00;22;39;14
Patrick Berry
Like I'm sure somebody went to the city council and said, I want to train for Ninja Warrior, I need a training facility. They're like, Great, awesome. You can have this.
00;22;39;17 - 00;22;52;27
Aaron Horne
It's so funny. When I watch the show, I'm like, It looks really, really hard. I wonder how I'd go and you know, how it always starts. You jump from like the first train platform level and I'm like, Yeah, I know that. And then the next one is one of those ones where it like, works on your upper body.
00;22;53;02 - 00;22;53;18
John McGregor
Oh yeah.
00;22;53;18 - 00;22;58;21
Aaron Horne
You've got to swing with your own body weight. I was just like, Oh no.
00;22;58;23 - 00;23;02;00
Speaker 5
Oh no. Oh, no.
00;23;02;02 - 00;23;03;20
Aaron Horne
That's as far as I've got.
00;23;03;22 - 00;23;05;29
John McGregor
Yeah. Oh, it's nuts.
00;23;06;02 - 00;23;16;26
Aaron Horne
So you went off to your hierarchs just recently and did a fitness fest event. So Bobby, head down to Cyril and on your way to the in-laws to strut by and say.
00;23;17;04 - 00;23;17;15
Patrick Berry
I'll.
00;23;17;17 - 00;23;18;20
Aaron Horne
See how you go in the course.
00;23;18;24 - 00;23;24;03
John McGregor
It would be thing we do like an office challenge, Ninja warrior, and none of us get past the three first three obstacles.
00;23;24;03 - 00;23;29;22
Aaron Horne
Actually, with a mind that's not so bad. That might be might be next Wednesday's fun card.
00;23;29;24 - 00;23;33;00
John McGregor
We end up just doing a squat competition stuff.
00;23;33;02 - 00;23;37;00
Patrick Berry
As long as a push ups because Laurie's got that. Yeah. Yeah. Laurie.
00;23;37;01 - 00;23;38;04
Aaron Horne
Laurie.
00;23;38;06 - 00;23;42;20
Patrick Berry
Oh, yes, we are. I really apologize for the listeners this week because.
00;23;42;20 - 00;23;44;11
Aaron Horne
It's been a while between takes.
00;23;44;14 - 00;23;59;00
Patrick Berry
But Mario was adamant he could beat Laurie a push up competition and for people that don't know our Mary goes to the gym most days and he's quite buff these days and Laurie it's Laurie seventies Yeah late seventies I don't apologize Laurie if I've oversold you, I won't listen.
00;23;59;00 - 00;24;00;08
Aaron Horne
But yeah, somewhere in the seventies, all of.
00;24;00;08 - 00;24;11;08
Patrick Berry
Them had a push off push up competition, and Laurie's had like 70 push ups and going strong and Mary is struggling, begging Laurie to stop because she couldn't do any more launches to get it better.
00;24;11;08 - 00;24;14;19
Aaron Horne
Where was I for this hour? I can't believe I missed this.
00;24;14;21 - 00;24;20;25
Patrick Berry
Aaron was so cocky, arrogant, confident. His old shit that I've got this out, man. Yeah, I just point down and wait today.
00;24;20;28 - 00;24;23;27
John McGregor
Laurie just got that old man old build of strength that just.
00;24;24;02 - 00;24;25;28
Patrick Berry
Oh, yeah. Oh, yeah, yeah. It was impressive.
00;24;26;03 - 00;24;31;05
Aaron Horne
I will shout out to Laurie Gray the the muscle, bloody muscle. A full on, full of fondness for the muscle.
00;24;31;06 - 00;24;32;02
John McGregor
Yeah. Yeah.
00;24;32;04 - 00;24;45;19
Aaron Horne
I love that. All right, well, look, we talk some real estate. We talked a lot of rubbish. Shorter than only my five was, to be honest. Thanks, guys. We will be back next week. Maybe with some gender ties. Yeah. Only time will tell.
00;24;45;21 - 00;24;47;01
Patrick Berry
Maybe some special guests.
00;24;47;02 - 00;24;53;12
Aaron Horne
Maybe. Yeah. If John can get it organized. Oh. Oh, yeah. Those want. Yeah, I'm still working on that as well. Yeah. Yeah.
00;24;53;14 - 00;24;56;01
Patrick Berry
I still think you're talking different special guests to what I'm talking about.
00;24;56;01 - 00;24;57;20
Aaron Horne
Well, guess you're talking about.
00;24;57;22 - 00;24;58;24
Patrick Berry
Four BPO people that are.
00;24;59;02 - 00;25;02;19
Aaron Horne
Oh, yeah, Yeah, I forgot about that. Yeah.
00;25;02;21 - 00;25;03;19
Speaker 5
Oh.
00;25;03;21 - 00;25;09;06
Aaron Horne
I would love to get them on the board. I hope I can even just a little mini interview with them. All right.
00;25;09;12 - 00;25;10;02
Patrick Berry
Let's finish this.
00;25;10;02 - 00;25;20;00
Aaron Horne
We'll be back next week with more property. Thanks for sticking with us, guy. You have been listening to the property board recorded and edited by Foreman for Media House in conjunction with the.
00;25;20;00 - 00;25;34;06
Patrick Berry
Fall and Fall Property Code. This podcast is general information only and the thoughts of views expressed is the opinion of our panel. And listeners should always seek, then use their own investigation into any topic we discuss to ensure they fully understand their own situation. It does not constitute.
00;25;34;06 - 00;25;50;15
John McGregor
And should not be relied on as purchasing, selling, financial or investment advice or recommendations expressed 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 seeking qualified and professional advice.