『051: Michael Sier of BuyerX | Mornington Peninsula』のカバーアート

051: Michael Sier of BuyerX | Mornington Peninsula

051: Michael Sier of BuyerX | Mornington Peninsula

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“There’s no point buying something that’s cheap that nobody wants, because you’re going to inherit that problem when you go to sell it.” – Michael SierThe Mornington Peninsula has gone through one of the biggest property market shifts of the past decade. After the COVID boom, rising interest rates, land tax changes and weaker investor and holiday-home demand have reshaped the buyer pool.Michael Sier of BuyerX has spent years specialising in the Peninsula and breaks down what’s changed, where demand is holding up, and how buyers should think about different pockets from Mornington and Mount Eliza through to Blairgowrie, Sorrento and Flinders. He also explains why schools, transport, scarcity, lifestyle and future buyer demand matter when choosing a property.For anyone buying on the Mornington Peninsula, the key isn't simply finding value today — it's making sure there's strong demand for the property when you're ready to sell.Episode Highlights01:49 — How an IT Guy Became a Buyers Agent05:52 — The Mornington Boom Is Over. What Now?09:37 — How Michael Turned Agents Into Allies13:50 — Get the Suburb Right Before the House15:52 — Breaking Down the Peninsula’s Buyer Pockets18:25 — The $50K–$70K Land Tax Problem22:30 — Why Downsizers Are Moving to Mornington26:45 — Don’t Buy What Nobody Wants to Resell28:48 — Where the Peninsula Could See More Supply33:29 — Why Young Families Are Moving South35:17 — The Mornington Property Market in PerspectiveAbout the GuestMichael Sier is a buyer's agent with BuyerX, specialising in the Mornington Peninsula.His property career began more than 20 years ago when, while working in IT, he wanted to buy his first home but couldn't afford professional representation. He approached Melbourne buyer's advocate Mal James and offered to build software for his business in exchange for help buying his first property.That relationship developed into a mentoring and employment opportunity, giving Michael several years of experience across buyer advocacy, marketing, lead generation, due diligence, negotiation and auction bidding.He later co-founded Performance Property, focusing on investment property and portfolio building, before establishing BuyerX on the Mornington Peninsula. Michael has now spent more than a decade living on the Peninsula and has developed a specialist understanding of its different suburbs, buyer pools and lifestyle markets.His work today focuses heavily on helping owner-occupiers and lifestyle buyers understand not just the property itself, but the location, community, future lifestyle fit and eventual resale demand.Connect with MichaelLinkedIn | Michael SierWebsite | BuyerXFacebook | BuyerXInstagram | BuyerXWork with Chris (Alcove)Business Webpage Link - https://alcove.com.auEmail - hello@alcove.com.auContact Alcove at: (1300 252683)Socials:LinkedIn (Alcove) - https://www.linkedin.com/company/alcovembLinkedIn (Chris) - https://www.linkedin.com/in/christopherbates/Instagram (Chris) - https://www.instagram.com/chrisbates_alcove/🗓️Book a chat with us!🗓️Follow us on our socials!YouTubeLinkedInInstagramTikTokEnjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word, and join us for more insightful discussions in real estate. Your journey starts now!Subscribe on YouTube: https://www.youtube.com/@street-secretsSubscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/street-secrets/id1837331268Subscribe on Spotify: https://open.spotify.com/show/7sBYmpcuxCYwceQiHdBnaq?si=2Gdl60HRRWCBoUlcBHB0nAThe information provided in this podcast is for general informational purposes only and should not be relied upon as financial, investment, or credit advice. It does not take into account your personal objectives, financial situation, or needs. You should consider the appropriateness of the information to your circumstances and seek advice from a licensed financial adviser, mortgage broker, or other qualified professional before making any decision. Canopy Private Pty Ltd holds Australian Credit Licence 558709.
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