Ep. 160: The $1M Club Just Got Crowded
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Once upon a time, a $1 million property made you a big deal. Now? You’re just one of the crowd. 💰🏠
In Episode 160 of The Weekly Investor News Podcast, Nick Bendel and Owen Davis unpack the shocking stats showing how a third of Australia’s property markets now have a median price of $1 million or more — up from just 14% five years ago.
What’s driving this surge, and what does it mean for buyers, investors, and the next generation trying to enter the market?🎙️ In this episode:
📊 Million-Dollar Boom – How 34.1% of suburbs are now in the $1M+ club, and what it says about Australia’s housing affordability crisis
🧱 Building Too Slow – Construction timelines are shrinking but still lag behind demand; why the workforce and planning systems need urgent reform
👷♂️ Where Are All the Tradies? – The decades-long decline in trade apprenticeships and what it means for future housing supply
🏦 Banking on Stability – The RBA says our financial system is strong, with most borrowers ahead on repayments and few in negative equity. But is the system as solid as it seems?
From million-dollar medians to the slow build problem and the ever-resilient banking system, Nick and Owen dig deep into the stories shaping Australia’s housing market — with their trademark wit, insight, and no-nonsense commentary.
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🎧 Tune in for real insights and real talk about the property market that never sleeps.
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👍 Like this video if you think the quarter-acre dream is history
📝 Comment below — would you trade your backyard for city convenience?
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160 episodes