PROPped by the Bar - EP11 - featuring local builders Mark Lemaistre, Gary Watts and Simon Taylor

In this episode of PROPped by the Bar we focus on the recent rise of home building materials which is putting pressure on the local industry. A really hot residential and commercial market is pushing house prices further than we've ever seen. Plus it's a 'grand home that has got a big number' featured as our property of the week.

Our guests this month are three of Geelong's best builders join us to discuss how they have worked with price increases during the last 12 months.

Mark Lemaistre, Lemaistre Builders
Gary Watts, Signature Homes
Simon Taylor, Metricon

Intro 0:00
1:07 Lockdown Impact & stock supply challenges
3:55 Commercial Market
7:40 Red Hot Market
9:55 Analysis of Residential Building Cost increases
15.20 Mark Lemaistre, Lemaistre Builders - Introduction & Background
17:14 Ocean Grove's most expensive house
18:15 High End Build Range
21:15 COVID impacts on build time
22:47 Are there any bargains left in Ocean Grove?
23:58 Mark's outlook for 2022
26:14 Gary Watts, Signature Homes - Introduction & Background
26:39 Signature’s Market & Cost Impact due to COVID
28:58 Build Timeframes Impact & 2022 Outlook
34:57 Simon Taylor, Metricon Homes - Introduction & Background
35:41 Land Supply
38:54 Metricon’s new South Geelong Office
39:51 Material & Labour Cost Increases
41:07 Regional Demand
43:06 What does Metricon see as the Next Trend
44:27 Property of the Week - Noble St Sale