The Australian Property Market Has Flipped

Book a Free Strategy Call with Joel https://calendly.com/joel-tomii/clien... What happens when the properties that made you money stop being the best ones to own? Joel is considering selling two of his biggest winners and shifting that money into Melbourne boutique apartments. In this episode, he and Brody explain the numbers behind that decision, including a $510K South Yarra apartment and a $350K St Kilda purchase, and why they believe the next opportunity looks different from the last property boom. Why tradies need to watch this • Understand when selling a successful investment might help you move into your next opportunity. • Learn why pulling equity out means taking on more debt and interest costs. • See how cash flow affects your ability to keep growing a portfolio. • Explore two real Melbourne apartment purchases and their rental yields. • Understand land content, replacement cost and the difference between boutique and high-rise apartments. • Learn why a house may still suit some investors even when other asset types are moving faster. • Hear the warning signs to look for when assessing apartment buildings and strata costs. Timestamps 0:00 - Introduction: The Australian property market is shifting 0:38 - Why Joel is considering selling properties 1:35 - Perth and regional Queensland: Taking profits after strong growth 3:20 - What Joel learned about timing a sale 4:30 - Why selling can help grow a portfolio 6:05 - Equity withdrawals are loans, not free money 7:10 - Freeing up cash flow by selling two properties 8:15 - Reinvesting profits into boutique apartments 9:10 - Using property cycles to guide decisions 10:58 - Why affordable entry-level properties are in focus 12:00 - Finding opportunities when sentiment is negative 13:35 - Why the right people and advice matter 14:15 - Boutique apartments and villa units versus houses 15:11 - Client case study: $510K South Yarra apartment 17:17 - Two bedrooms, parking and a 6.37% advertised rental yield 18:16 - How stronger yields can support future borrowing 19:38 - Bank valuation and equity before settlement 21:00 - Breaking down South Yarra land content 22:10 - Why low-density blocks differ from high-rises 23:30 - Comparing purchase price with replacement cost 25:29 - Client case study: $350K St Kilda apartment 27:00 - One-bedroom apartments and rental yield 29:00 - Land content and demand for smaller apartments 31:10 - Will houses become the better investment again? 33:00 - Matching property types to income and portfolio goals 35:30 - Taking action without getting caught in negative headlines 36:23 - Rapid Fire: When units started outperforming houses 37:41 - Are Joel and Brody still buying houses? 39:01 - Explaining the shift to investors who prefer houses 39:55 - Are there more opportunities like the South Yarra deal? 41:06 - Why boutique apartments are outperforming standard blocks 41:57 - Is St Kilda's yield a good strategy for new investors? 42:23 - Will the apartment trend eventually reverse? 43:04 - The biggest risk: Poor building due diligence 44:08 - Final thoughts