This week we chat about Tasmania's Ancillary Dwellings Grant Program that applications have just opened up on... The boys discuss how this may be an answer for the Housing Shortage that is currently affecting the Hobart Marketplace.
Transcript of Granny Flat Grant
Episode: | EP86
Show Title: | Granny Flat Grant
Cast: | Aaron Horne, Patrick Berry & John McGregor
Show Length: | 25 minutes 48 seconds
John: To build that granny flat, it actually quite... it could be potentially a very good financial move for a client, so the numbers stack up for sure.
[intro music]
Going once... going twice... SOLD! You're listening to The Property Pod!
Aaron: Okay, guys. Welcome back to The Property Pod, your weekly engagement into real estate here in the Hobart marketplace--I'm getting so good at this intro--my name is Aaron Horne.
Patrick: I'm so glad you went there, because... [laughter]
Aaron: Absolutely! Yeah, thank you so much! Welcome back to The Property Pod. I'm your host, Aaron Horne, and I'm joined…
John: ... and he is crushing it [laughter]
Aaron: I'm on fire this morning, guys. It was freezing this morning, so when I woke up this morning to my son, I put on the "Hello, Google" and it said, "Welcome, Good Morning! It's minus one." You gotta love a minus one morning here in this brisk brisk state of Tasmania.
Patrick: It's so cold when I left home this morning. I got rid of the ice off the car with the old bucket of water, and started driving down Crosby road. Had to pull back over because the water had re-frozen [laughter] onto the front of the glass and then Parker and I had to drive back with no vision to get more water.
Aaron: I was doing the "Ace Ventura head out the window" trick, you know he drives with his head out of the window, yeah, so I was doing that one because I only have to cross two streets [laughter] I probably shouldn't say that in the company car [laughter] that I was driving somewhat, I'm...
Patrick: Insurance claim... [laughter]
Aaron: No, the mercury dropped very very low but, Pat... well Pat, you're meant to be on the warmer side of the country.
Patrick: I was supposed to be in Queensland but here I am with you, boys, instead
John: Well, you're welcome! [laughter]
Patrick: Not sure if that's a good thing or not, but hey, I'll take it
Aaron: Look, I think one positive of it was: you would have missed your daughter's dance recital this morning at the Stedeford's, had you been in Queensland…
John: Oh yeah
Patrick: That's true. [Aaron: you got to get there this morning...] instead, I got to watch dancing for a couple hours, but hey…
Aaron: Mate, you were beaming when you came back and you said that...
Patrick: It was pretty funny [Aaron agrees] like, I don't think it was supposed to be funny, but it was. Kids are funny.
John: I watched that movie "Little Miss Sunshine", a couple of nights ago and that great scene where you find out that the whole dance scene that her grandfather taught it was just an absolute abomination. I just... I love that scene, so you just made the whole... I'd love to go to a dance result or something like that where that happens.
Aaron: Well, it's not the same; it's in the movie, but you were describing a young girl who maybe just danced to the beat of her own drum...
Patrick: ...on stage and it didn't matter what everyone else was doing, she was going to do…
John: I love that! [laughter]
Patrick: That's very good [laughter]
Aaron: All right, let's jump into some real estate stuff today. We've got to get into it;
We've got a little bit to talk about. First up, there's this realestate.com report that's come out that... it's not quite in our realm, but it's in the rental realm of things you want to cover off on this, John?
John: So I think what's describing is that the amount of views that's coming through the website for rental properties in Tasmania has just again continued to increase so…
Patrick: Yeah, crazy. I think they were saying 2,600 views per listing.
John: Yeah, that's amazing!
Patrick: It's just silly [John agrees] like that's just unbelievable…
Aaron: I can't even fathom that that many people are looking at rental listings like here, there, and everywhere to just try…
Patrick: And there appears to be a lot of tenants moving around a moment. We've had a few lease breaks take place at the moment and I follow a couple of Facebook pages like rental towers and a few others, and there's a lot of people that seem to be just finishing up in a lease where they're at and and moving into something else [John: moving sideways] yeah and I don't know if they're doing that to try get a cheaper rent or if they're doing it because it doesn't fit their needs anymore, but yeah, just a bit of movement around at the moment, but the market's still really strong. This shows that--like 2,600 views per property. That's a lot of people...
John: 100 percent! When that's just like straight activity and more so to that, it's unlikely where you'll have, say in a real estate--in a sales transaction, you just got a lot of people sticky baking. It's not as common we find that you're going to be sticky peeking just at other rental properties.
Aaron: Yes, that seems more like out of necessity than out of kind of: "I just want to have a window shop through what could potentially be"
John: Yeah yeah, exactly right…
Patrick: Yeah, but this stat here: it's the highest number in Australia. So, out of all of the entire country, people looking here the most for rentals. But it's up by 72.4%.
John: That's insane!
Patrick: It just shows how many people are seeing Tasmania as an option and maybe, they can't buy at the moment, so they have to rent because they move back to the state and there's no stock for sale like there's a heap of different reasons why maybe the rental market is still just booming along.
Aaron: I think out of this report as well, it had something to do with Hobart being again top three cities and it's still seen affordable as from the mainland perspective--from the perspective of I can afford to look into that market. [John agrees] Again, we're in that position where there's not a lot of stock on...
