MCG Quantity Surveying’s Mike Mortlock rejoins Cate in the studio to share more of his ‘1,000 Assets’ study with Cate. This particular episode focuses on a well-recognised, but little understood investor trend: why houses are more preferred by investors than units are.
“The four year change was around a 10% increase in houses and a 28% drop in units.”
Mike’s business has recently completed an interesting ‘White Paper’ study titled 1,000 Assets.
The study involved a four year documented focus on investor behaviour, from location trends to renovation expenditure and beyond. MCG Quantity Surveying uncovered some 40+ trends within the study and their work will continue to shape our ability to profile Australian investor behaviour.
In March, Mike provided Cate with the raw insights in an effort to identify the behaviour behind the trends and to glean a better understanding of some of the drivers for these investor behaviours.
Armed with the entire data set, Cate asked Mike if they could distill her top four trends on The Property Diaries for our listeners.
Cate unpacks some of the likely explanations from the coal face and sheds light on some of the methodology for how units are designated.
We’re very grateful to Mike for allowing us to delve into these findings to explore some plausible explanations for the trends he’s uncovered.
We hope you enjoy!
Cate met Mike back in 2018 when Mike asked her to feature on his podcast, Geared for Growth. The pair hit it off straight away and have enjoyed tax, economic, political, sports cars, and (-the occasional bit of-) science banter.
Mike’s business have recently completed an interesting ‘White Paper’ study titled 1,000 Assets. The study involved a four year documented focus on investor behaviour, from location trends to renovation expenditure and beyond. MCG Quantity Surveying uncovered some 40+ trends within the study and their work will continue to shape our ability to profile Australian investor behaviour.
Cate quizzes Mike during this first episode about what he does, how investors have changed over the years, and what buyers can anticipate in this current market.
Contact Mike: https://www.mcgqs.com.au/who-we-are/
https://1000assets.pages.ontraport.net/