Pete Wargent blogspot

Co-founder & CEO of AllenWargent property advisory & buyer's agents, offices in Brisbane (Riverside) & Sydney (Martin Place) - clients include hedge funds, resi funds, & private investors.

4 x finance/investment author - 'Get a Financial Grip: a simple plan for financial freedom’ (2012) rated Top 10 finance books by Money Magazine & Dymocks.

"Unfortunately so much commentary is self-serving or sensationalist. Pete Wargent shines through with his clear, sober & dispassionate analysis of the housing market, which is so valuable. Pete drills into the facts & unlocks the details that others gloss over in their rush to get a headline. On housing Pete is a must read, must follow - he is one of the better property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.

"Pete Wargent is one of Australia's brightest financial minds - a must-follow for articulate, accurate & in-depth analysis." - David Scutt, Business Insider, leading Australian market analyst.

"I've been investing for over 40 years & read nearly every investment book ever written yet I still learned new concepts in his books. Pete Wargent is one of Australia's finest young financial commentators." - Michael Yardney, Australia's leading property expert, Amazon #1 best-selling author.

"The most knowledgeable person on Aussie real estate markets - Pete's work is great, loads of good data and charts, the most comprehensive analyst I follow in Australia. If you follow Australia, follow Pete Wargent" - Jonathan Tepper, Variant Perception, Global Macroeconomic Research, and author of the New York Times bestsellers 'End Game' and 'Code Red'.

"Pete's daily analysis is unputdownable" - Dr. Chris Caton, Chief Economist, BT Financial.

Invest in Sydney/Brisbane property markets, or for media/public speaking requests, email

Wednesday, 10 July 2013

SQM's Louis Christopher on the Aussie housing market

Interesting video on Switzer TV here featuring Louis Christopher of SQM, who tends to talk a lot of sense.

He notes that the Sydney market is very strong with stock levels plummeting (by more than 23% y/y), and this is being reflecting in housing data, with the Sydney market easily breaking new highs and rising. 

Price growth in Sydney has shown no real signs of slowing to date.

Perth has been on a great run thanks to the mining boom, but the housing market could begin to slow as the mining construction boom passes its peak, notes Christopher.

Christopher also believes that the Adelaide is likely to remain soft due to plenty of supply. 

Plenty have been tipping Adelaide as a hot market for many years now but price growth has been weak and dwelling values remain around 4-5% below their previous peaks. 

Quality investments in Melbourne would have represented an infinitely better selection since 2008 with prices booming dramatically. And, for that matter so would Sydney.

Unsurprisingly, the Melbourne market has calmed down since its meteoric rise, though inner- and middle-ring  suburbs seem to have remained robust enough.

Dwelling Prices graph