Coronavirus to kill Australian Property | Webinar & Podcast

Damien Klassen

Nucleus Wealth

The strong rebound in Australian property values has come to a shuddering halt with the Coronavirus lockdown. Auction clearance rates and buyer sentiment have collapsed, unemployment is surging, and mortgage availability is tightening. All of which points to declines in Australian property values. Yet these headwinds pale next to the looming headwind of heavy falls in mass immigration over the medium term… 

Listen in as Nucleus Wealth’s Head of Investments Damien Klassen, Chief Economist Leith van Onselen, Chief Strategist David Llewellyn Smith and Head of Operations Tim Fuller discuss the ultimate victim of Coronavirus, Australian property price.

Listen in podcast form here with the webinar slides to see referenced charts here

(Links are featured at the bottom right of the player if you wish to listen on your preferred platform). If you enjoy, consider subscribing on YouTube or your preferred podcast platform to ensure you don't miss future episodes


Topics include:

  • Coronavirus a unique challenge to Australian property and growth model as a whole
  • Mass immigration and international students
  • Foreign buyers’ role in Australian property
  • Rental crash
  • 1.3 million loss making landlords
  • Policy exhaustion and options

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The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an authorised representative of Nucleus Wealth Management, a Corporate Authorised Representative of Nucleus Advice Pty Ltd - AFSL 515796.

Damien Klassen
Head of Investment
Nucleus Wealth

Damien runs asset allocation and global stock portfolios for Nucleus Super, Nucleus Ethical and Nucleus Wealth. His 25 year+ career includes Global Quant at Schroders, Strategy at Wilson HTM & co-founder of Aegis.

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