The PROPERTY DOCTORS, Sydney Australia Novak Properties
NOVAK PROPERTIES CREW and PROPERTY LEGENDS in the industry share their experiences and knowledge.ย Hacks and tips to make you a smarter property GURU :) Learn with exclusive content, advice, insider info and HOT real estate industry PRO SECRETS.ย For sale, for lease, residential, commercial, buying off the plan, finance, mortgages, interest rates, first home buyer, investments - all topics covered.ย The untold real estate info you've been waiting for.
EP. 1703 - CAN YOU LIVE IN YOUR COMMERCIAL PROPERTY?
๐ญ Can you live in a warehouse? It's not as simple as you might think...
โจ Key takeaways:
๐น Brookvale's industrial precinct is being revitalised with modern commercial buildings.
๐น Upgrading older warehouses helps support local businesses, tradies and essential services.
๐น Some older commercial properties once allowed owners to live and work on the same site.
๐น Existing use rights may still apply to some long-established properties, but new approvals are very different.
๐น Planning rules continue to evolve, making it essential to understand what you can (and can't) do before...
EP. 1702 - GOVERNMENT CONTROL OF RENT PRICES โ SOLUTION OR A BIGGER PROBLEM?
๐๏ธ Is government policy pushing investors away from residential property?
Policy changes, rent controls and tax reforms are reshaping the investment landscape. While some investors are looking towards commercial property, one thing remains true: when supply slows, affordability becomes even harder to achieve.
A healthy property market depends on confidence, new housing and balanced policy. The conversation is changingโand investors are adapting with it.
๐ฌ Do you think residential property is becoming less attractive, or will it always be the strongest long-term investment?
#PropertyMarket #RealEstate #PropertyInvestment #ResidentialProperty #CommercialProperty #HousingSup...
NOVAK NEWS - DOUBLE THE VALUE? or DOUBLE THE TROUBLE? THE TRUTH ABOUT SUB DIVIDING
๐๏ธ The best developments don't happen by chanceโthey happen by strategy.
One Beacon Hill project is a perfect example:
๐ก Bought for around $2M
๐จ Transformed into an upper & lower duplex
๐ฐ Upstairs sold for $2.2M, covering the purchase price and most of the build costs
๐ Downstairs now represents the upside.
The key? Understanding what the local market actually wantsโnot just what you can build. Research, planning and smart decision-making make all the difference.
Thinking about developing? โ Come in for a chatโwe're always happy to help.
#Pro...
EP. 1701 - IS YOUR HOUSE ACTUALLY A DEVELOPMENT SITE? HOW TO FIND OUT
๐๏ธ Could your property be worth more as a development site?
It starts with knowing three things:
๐ Your property's zoning
๐ Your land size & FSR (Floor Space Ratio)
๐๏ธ What can actually be built on the site
Once you have those, you can estimate a developer's feasibility and understand what your land could be worth.
One important thing to remember: your property may have two different valuesโone to a family buying a home, and another to a developer looking at the land. Sometimes they're the same...
EP. 1699 THE BEST TIME TO BUY? WHEN OTHERS ARE WAITING
๐ก Time in the market beats timing the market.
If you're financially and emotionally ready, focus less on picking the "perfect" moment and more on buying the right property. ๐
Markets move, prices fluctuate, but property has always rewarded those who think long term. โณ
๐ก Buy. Hold. Be patient.
The biggest mistake? Waiting another 12 months and watching the opportunity pass by.
#PropertyMarket #RealEstate #PropertyInvestment #HomeBuying #NorthernBeaches #WealthCreation #LongTermThinking #RealEstateAdvice
EP. 1700 COULD REAL ESTATE BE YOUR NEXT CAREER?
๐ก Thinking about a career in real estate?
The best advice? Just do it. ๐
Success doesn't happen overnight. Be prepared to learn, stay resilient, and embrace the ups and downs. The people who succeed are the ones who keep showing up. ๐ช
Real estate isn't a 9โ5โit's a long-term career built on relationships, consistency, and patience.
๐ฑ Learn first. Grow second. The results will follow.
#RealEstate #RealEstateCareers #CareerAdvice #GrowthMindset #Success #NorthernBeaches #Sales #Property
EP. 1698 DA VS Private Certification
๐ข๐ Starting a business is hard enoughโapprovals shouldn't make it harder.
For many commercial tenants, change-of-use approvals can take months โณ, delaying openings and adding uncertainty. A more streamlined process could help small businesses get up and running faster while still meeting the right requirements. โ
๐ก The key? Understand the approval process before signing a lease and get the right advice early.
#CommercialProperty #SmallBusiness #PropertyAdvice #BusinessGrowth #RealEstate #CommercialRealEstate
EP. 1697 - WHY ARE MY STRATA LEVIES SO EXPENSIVE?
๐ฐ Why have strata levies increased so much?
Many buyers see higher strata fees and immediately think they're paying too much. But here's what those levies actually cover:
๐ข Building insurance
๐งน Cleaning & maintenance
๐ฟ Gardening
๐ฅ Fire compliance
๐ก Common area electricity
๐ง Repairs & maintenance
๐๏ธ Capital works fund for future building upgrades
Over the past 20 years, the cost of running apartment buildings has increased dramatically. Building insurance, maintenance, compliance, and utilities have all become significantly more expensive, which is flowing through to strata levies.
The key takeaway? Don't judge a property on the st...
EP. 1695 TREAT THE JANITOR AS YOU WOULD THE CEO**
Sometimes your smallest opportunity becomes your biggest success.
A $250/week office lease turned into 100+ transactions, multiple development sales, and relationships that continue to create opportunities years later.
The lesson? Don't cherry-pick. Treat every client, every enquiry, and every deal with the same level of careโwhether it's worth $250 a week or $10 million.
When you focus on helping people instead of chasing commissions, the business has a way of taking care of itself.
๐ก Put more into the world than you expect to get back.
๐ค Look after people.
๐ Success will follow.
You ne...
EP. 1696 NEW AML LAWS: WHAT EVERY PROPERTY BUYER & SELLER MUST KNOW
๐จ Big changes for property sellers from 1 July.
If you're selling property, you'll now need to complete an identity verification process before your property can be sold.
This isn't just about showing your driver's licence. The new requirements may include additional verification and compliance checks as part of updated anti-money laundering laws.
Your real estate agent will guide you through the process, update any required paperwork, and answer any questions along the way.
While it's another step in the selling process, being prepared early can help avoid delays when it's tim...
EP. 1694 Inside the rentals engine room: every role explained
The best property management teams aren't built overnight. ๐
Behind every smooth tenancy is an incredible teamโfrom our property managers and front-of-house legends to our trusted trades who've been looking after our clients for decades.
It's the people behind the scenes, putting in the hard work every day, that make all the difference. ๐
A huge thank you to everyone who keeps the engine room running! ๐
#NovakProperties #PropertyManagement #NorthernBeaches #RealEstate #Teamwork #BehindTheScenes #PropertyManagers #RentalExperts #Grateful #Community
EP. 1693 History Doesnโt Repeat Perfectly, But it Often Rhymes
Every property cycle has had its ups and downsโbut one thing has remained remarkably consistent: the market has always recovered and gone on to surpass its previous peak. ๐
Rather than trying to perfectly time the bottom, focus on time in the market. Waiting for the "perfect moment" could mean missing out due to changing lending rules, policy shifts or increasing competition.
If you're financially ready and comfortable to buy, history suggests that getting into the market sooner can be more important than picking the exact bottom.
It's not a...
NOVAK NEWS - RENT UP, PRICES DOWN - WHO'S CONFUSED???
๐ก Property is a long-term game.
Headlines come and go. Interest rates rise and fall. Markets shift.
But one thing has remained remarkably consistent over the decades: property rewards those who stay in the market, not those who try to time it.
At the same time, affordability isn't just about house prices. Buyers still need to qualify for finance, and lending criteria remain one of the biggest hurdles for first-home buyers.
There's also another important piece of the puzzleโhousing supply. Landlords play a vital role in pr...
EP. 1692 - TOO YOUNG? OR TOO OLD? FOR REAL ESTATE ...
๐ Too old? Too young? Neither.
Success in real estate isn't about your ageโit's about your commitment.
Whether you're starting at 15 or 48, every stage of life brings strengths. Youth brings energy and time to build. Experience brings confidence, perspective and the ability to guide people through life's biggest decisions.
The biggest mistake? Waiting because you think you've missed your chance.
โจ You're not too young.
โจ You're not too old.
โจ Just start.
Your life experience becomes your advantage.
#RealEstate #CareerChange #RealEstateCareers #NorthernBea...
EP. 1690 IT'S COMMERCIALS TIME TO SHINE!
๐ข Is Commercial Property Having a Moment?
The latest budget may have changed the conversation around property investing. While residential investors face new hurdles, commercial property has remained largely untouchedโand buyers are starting to take notice. ๐
๐ผ Commercial enquiry levels are already rising.
๐ Stronger rental yields are attracting investor attention.
๐ฆ Borrowing through super for commercial property is still available, unlike residential.
โ๏ธ Vacancy is a consideration, but with the right strategy and proactive management, it can be planned for.
The key message? Don't overlook commercial. For many investors, it could present opportunities...
EP. 1691 - THE EVOLUTION OF A PROPERTY BUYER.... FROM FIRST HOME BUYER TO RETIREE
๐ก Property isn't a ladderโฆ it's a life cycle.
Most people don't buy one home and stay forever.
๐ Average hold period for a Sydney unit: 11 years
๐ก Average hold period for a Sydney house: 13โ14 years
Over time, life changes. Careers grow, families expand, children move out, retirement arrivesโand your property needs change too.
With each decade, many Australians gradually reduce their debt while building equity and planning for the future.
The biggest takeaway? Don't compare your journey to someone else's. Property is about supporting the...
EP. 1689 Visitor car space warsโฆ when Karen picks on Darryn
๐ Using the visitor parking? It could cost you.
Visitor parking is exactly that โ for visitors. Regularly using these spaces as your own could result in fines of up to $1,100, with repeat breaches attracting even higher penalties.
For landlords and tenants, it's another reminder that strata by-laws matter. Property managers should ensure tenants receive a copy of the building rules, and residents should respect shared spaces to help avoid unnecessary disputes.
After all, a parking spot isn't worth falling out with your neighbours. ๐
๐ฌ Have you ever had issues...
EP. 1688 Yesterday's Superannuation Changes,Skyrockets Rents!
๐ก More roadblocks. Fewer incentives.
This weekโs property discussion centred on one big question:
If we want more homes, where are the incentives to build and invest?
With changes affecting residential property inside super, many everyday Australians may have fewer pathways into property investment. Add mortgage prison, rising costs and a lack of new housing supply, and it's easy to see why confidence is being tested.
The takeaway? Without meaningful incentives, creating more housing becomes even harder.
๐ฌ Do you think Australia is doing enough to encourag...
EP. 1687 - REAL ESTATE ROULETTE ... WHEN TO MAKE YOUR BET ?
๐ก Thinking of upgrading your home? The current market might be working in your favour.
Many people focus on selling for less, but forget they're also buying for less.
๐ Example:
โข Sell a $1M apartment after a 5% drop = $50k less
โข Buy a $2M home after a 5% drop = $100k less
โข Net gain = $50k in your favour
And it doesn't stop there. A smaller mortgage today could mean significant savings in interest...
NOVAK NEWS - Post Investor Night Breakdown
๐ก Biggest takeaway from our recent investor night? Get a valuation done before July 2027.
With proposed capital gains tax changes, the value of your property at the time of the rule change could have a major impact on your future tax position. Don't leave it to the ATO to determine.
๐ก Key takeaways:
โข Get a professional valuation before July 2027
โข Claim every dollar of depreciation available
โข Present investment properties to owner-occupiers for the best sale result
โข Consider moving tenants out and completing updates before selling
โข Self-managed super funds continue to surge in popularity
The investo...
EP.1686 HOW TO HALVE YOUR RENT OVER NIGHT!
๐ฐ Got a spare room or unused space? It could be worth more than you think.
We're seeing people earn $25,000+ a year simply by renting out a spare bedroom. Others are bringing extra income into their businesses by finding creative ways to use unused space.
๐ Spare room = extra income
๐ข Unused commercial space = new opportunity
๐ Small changes can make a big difference
The lesson? Sweat the asset.
#PropertyTips #PropertyInvestment #PassiveIncome #SydneyProperty #NorthernBeachesProperty #RealEstateAdvice #Investing #PropertyOwner #RentalIncome #NovakProperties
EP. 1685 WATERPROOFING WARS!!! N SLEEPLESS STRATA NIGHTS
๐ง Waterproofing doesn't have to be a deal breaker.
Many Sydney apartment blocks will face waterproofing repairs at some stage. The key is understanding the cost, not fearing it.
๐ข Repairs are often part of a building's lifecycle
๐ฐ Smart buyers can find value where others see problems
๐จ Better modern systems mean longer-lasting results
Knowledge creates opportunity. ๐
#PropertyTips #SydneyProperty #StrataLiving #ApartmentBuying #PropertyInvestment #Waterproofing #RealEstateAdvice #NorthernBeachesProperty #NovakProperties
EP. 1684 no balconies, no worries
๐ข Do balconies really add value? ๐ค
For years, a balcony was a must-have feature. But are buyers, tenants and investors starting to think differently?
๐ฐ Balcony waterproofing can lead to expensive strata repairs
๐๏ธ Planter boxes and membranes can create long-term maintenance issues
๐ฟ Many newer buildings now offer shared rooftop terraces and entertaining spaces
๐บ And let's be honest... how often do we actually use our balconies?
For investors especially, a well-located apartment without a balcony can sometimes mean fewer maintenance headaches and lower future costs.
The takeaway? Don't judge a property by the balcony alone...
EP. 1683 The $13 Billion Supa Switch
๐ฐ What are people really doing with their super right now?
We're having more conversations than ever about superannuation, self-managed super funds (SMSFs) and how Australians are investing for the future.
๐ Property in super
๐ Investment diversification
๐จโ๐ฉโ๐งโ๐ฆ Family SMSFs
โ๏ธ Tax changes and new rules
๐ก Smarter investing in a changing market
The biggest takeaway? Awareness matters.
With super balances growing over decades, it's no longer a "set and forget" asset. Understanding your options, staying informed and asking the right questions has never been more important.
โ ๏ธ This isn't financial advice โ just a snapshot of the conver...
EP. 1682 - AUCTION CLEARANCE RATES: THE DA VINCI CODE OF REAL ESTATE? ๐ก ๐
๐ก Is the market turning? ๐
Auction clearance rates get all the attention, but they're only part of the story.
๐ Stock levels
โฑ๏ธ Days on market
๐ฐ Sale prices vs price guides
๐ Buyer confidence
๐จ Auction bidder numbers
These are the metrics we're watching closely on the Northern Beaches right now.
With stock levels easing and buyer sentiment improving, are we seeing the bottom of the market? Time will tell... but the signs are getting interesting. ๐
#NorthernBeachesProperty #PropertyMarket #RealEstate #SydneyProperty #AuctionClearanceRates #PropertyNews #MarketUpdate #NovakProperties #MorningMinutes #NorthernBeaches
NOVAK NEWS - THE BIGGEST MISTAKE SELLERS ARE MAKING RIGHT NOW...
๐ก Selling soon? Donโt make these costly mistakes.
A tenant in the property doesnโt mean you canโt present it beautifully. Sometimes a professional clean, extra storage, or even a small rental rebate can completely transform how a home shows to buyers.
And when it comes to choosing an agent, donโt focus solely on commission. In a tougher market, strategy matters more than ever.
โ๏ธ Presentation matters
โ๏ธ Preparation matters
โ๏ธ Strategy matters
Six months ago, almost any property could sell. Today, itโs the agents with proven systems, buyer relationships and negotia...
EP. 1680 BELL AT THE BOTTOMโฆ..DINGA LING A LING
๐ Bad sentiment. Fewer buyers. Better opportunities.
When confidence drops, competition drops too. Buyers who were searching 3โ6 months ago are now seeing lower price guides, longer days on market, and more room to negotiate.
๐ก The best buying opportunities rarely feel comfortable at the time. They're usually surrounded by uncertainty, delays, and negative headlines.
Australia has weathered wars, recessions, the GFC, COVID and countless market cycles. Yet over the long term, property has remained one of the country's biggest wealth creators.
๐ก If you can secure finance and find the right property, today's market may offer s...
EP. 1681 - ONLY 30 SEATS LEFT: PROPERTY UNLOCKED 2026
๐ก Property owners, investors and buyers โ are you up to speed on the latest changes?
The market is shifting, sentiment is changing, and the decisions you make today could have a big impact tomorrow.
๐ Land tax
๐ฐ First home buyer incentives
๐ Investment property strategies
๐ Post-budget changes
The best investment you can make right now is education.
Don't spend years saving a deposit only to make decisions without knowing the full picture. Knowledge gives you options. ๐ก
๐ Join us for an "Hour of Power" at Novak HQ this Thursday.
๐๏ธ Limited spots remaining.
EP. 1679 Open Homes: What Could Possibly Go Wrong?
๐ก Open homes aren't always as simple as they seem!
From tiny shower spaces and unexpected pet smells to common myths about theft, thereโs a lot that renters, landlords, and buyers don't always consider.
โ
Virtual inspections can help identify potential issues before you visit.
โ
Presentation matters more than you think.
โ
Experienced agents help protect tenants, owners, and properties during inspections.
The key? Preparation. A well-prepared open home creates a better experience for everyone involved.
Have you ever walked into a property and been surprised by something unexpected? Share your story below...
EP. 1678 You Cant Ask The Boss That!!!
"If my kids watch this in 20 years, I hope they remember one thing: I was always doing my best with what I knew and what I had. ๐
I've never spent much time looking left or right at what others are doing. A lesson I learned early on was to focus on my own race, give it everything I've got, and keep moving forward.
Just a guy doing what he can, when he can, how he canโand giving it 110% along the way.
#LifeLessons #FamilyFirst #KeepMovingForward #DoYourBest #Perspective"
EP. 1676 THE END OF THE REAL ESTATE MARKET HAS ARRIVED???
๐ก Thinking about buying property right now?
A few key takeaways from today's market:
โ
Great opportunities exist for buyers who are willing to make offers.
โ
Most sellers aren't under financial pressure and won't accept extreme lowball offers.
โ
Respectful negotiations get better results.
โ
Some sellers may be flexible if they've already secured another property.
โ
Local market conditions matter more than headline-grabbing statistics.
Don't let national headlines dictate your property decisions. Focus on local demand, days on market, and comparable sales.
#PropertyMarket #RealEstate #PropertyInvestment #HomeBuyers #SydneyProperty #RealEstateAdvice
EP 1677 - THE PROPERTY MARKET IS SET TO GO UP?
๐ก The property fundamentals haven't changed.
โ๏ธ Australia still has a housing supply shortage.
โ๏ธ Population growth continues to outpace new housing construction.
โ๏ธ Rental demand remains incredibly strong.
โ๏ธ Buyer activity is increasing, with strong open home attendance.
In suburbs like Dee Why, rents that were around $650 per week just a few years ago are now pushing $800-$850+.
While headlines focus on interest rates, budgets and global events, many buyers are simply getting on with their lives and making property decisions.
The best market insights come from what's happening on the ground, not just the headli...
EP. 1675 Worst landlord of the year awards!!! and the winner is???
๐ Thinking of managing your rental property yourself?
What starts as โsaving moneyโ can quickly turn into late-night calls, awkward conversations and costly mistakes. ๐๐ฌ
A professional property manager creates healthy boundaries between landlord and tenant, handles maintenance, negotiates rent increases, screens applicants and keeps everything running smoothly. โ
Tenants often prefer it too โ with a professional, independent point of contact for any issues. ๐ค
The result? Better relationships, less stress and a better outcome for everyone involved. ๐ก๐ก
#PropertyManagement #LandlordTips #RentalProperty #InvestmentProperty #NorthernBeaches #PropertyInvestor #RealEstateAustralia #NovakProperties #PropertyManager #LandlordLife
EP. 1674 - AI Meets Finance: What We Learned In One Hour
๐ค๐ก Could AI help you make smarter property decisions?
By analysing 40 years of Northern Beaches property data, AI tools like ChatGPT and Claude can help investors understand capital growth, leverage, cash flow and long-term returns in minutes.
๐ One key takeaway? Small changes in strategy can have a huge impact on your long-term wealth.
Whether you're buying your first property, building a portfolio, or exploring rentvesting, AI can help you model different scenarios and make more informed decisions.
๐ก The key is asking the right questions and using quality data.
Have you used AI to h...
EP. 1673 THE MARKET DROPPED... THE BUYERS FROZE
๐ก Property is a long-term game.
If you bought at the peak in 2022 and are selling today, you may not see the result you hoped for. But that doesn't make it a bad investmentโit just means you haven't held it long enough.
Ignore the dinner party experts and focus on advice from people who are in the market every day. Properties are still selling, buyers have more opportunities, and the best decisions are made with facts, not headlines.
#PropertyMarket #NorthernBeaches #RealEstate #PropertyInvestment #SydneyProperty
NOVAK NEWS - HESITANT BUYERS - WHAT ARE YOU WAITING FOR??
๐ก Waiting for the "perfect" time to buy? You could be waiting too long.
Buyer activity on the Northern Beaches remains strong, and quality properties are still attracting attention. While no one can predict the market, history shows that good property in great locations performs over time.
If you've found the right property, don't let headlines make the decision for you.
What do you think โ is now a good time to buy? ๐
#NorthernBeaches #SydneyProperty #PropertyMarket #HomeBuyer #RealEstate
EP. 1671 Honest Agents Sell. Nice Agents Donโt.
๐ค Tough conversations build trust.
The best agents don't hide behind texts or emails. They go face-to-face, tell the truth, and help clients move forward.
๐ซ Stop sugarcoating.
๐ฏ Be direct.
๐ธ Eat the frog.
The conversation you're avoiding might be the one that changes everything.
#RealEstate #Communication #Leadership #SalesTips #BusinessGrowth
EP. 1672 BUILDING INSPECTION: ESSENTIAL OR OVERRATED
๐ก Building inspections: Essential or overrated?
When you're spending $1M+ on a property, a small investment in a building or strata report can save you thousands later. ๐ฐ
โ
Peace of mind
โ
Better decision-making
โ
Fewer surprises after settlement
Sometimes the cheapest mistake is the inspection you didn't skip.
#PropertyTips #RealEstate #BuildingInspection #PropertyInvestment #HomeBuying
EP. 1670: Add Water, And Watch Your Bond Go Down The Sink
๐จ Floods, leaks, mould & water damageโฆ itโs a race against time โฐ
A few simple habits can save you THOUSANDS in property damage ๐
๐ง Use a dehumidifier in winter
๐ง Open windows daily for airflow
๐ง Donโt run dryers all day without ventilation
๐ง Use your air conditioner on โDRYโ mode monthly
๐ง Try DampRid buckets in cupboards & wardrobes
Most mould problems start from trapped moisture and poor airflow โ especially in bathrooms, units, blinds, curtains, cupboards & carpets.
One hidden issue we recently found? A brand new bathroom door swelling from moisture caused by a dryer running nearby all day ๐ณ...
EP. 1669 Yield Stacking Property In The Northern Beaches
With recent changes to rental loss deductions, cash flow and yield are becoming more important than ever. As demand for high-yielding properties grows, prices may rise and returns could compress โ making smart investment decisions critical.
We're also seeing a shift in the commercial market. Just 12 months ago, investors were targeting 6โ7% returns. Today, many are happy to secure quality assets around the 5% mark.
But yield is only part of the equation. You also need to consider:
โ๏ธ Interest rates
โ๏ธ Outgoings
โ๏ธ Cost of capital
โ๏ธ Deposit requirements
The investors who understand the changing landscape โ and act...