Melbourne Auction Results

The Weekend’s Election Result Could See House Price Rises

By Peter Sarmas on 3 Jul 2016 No Comments yet, your thoughts are very welcome

Should Malcolm Turnbull be returned as Prime Minister, real estate going forward appears to have more certainty. Future property investors won’t experience any changes in capital gains tax or negative gearing for established properties in the short term. ...

What Global Uncertainty Means for Property Prices

By Peter Sarmas on 26 Jun 2016 No Comments yet, your thoughts are very welcome

The unthinkable has happened last Friday when Britain’s voted to leave the EU and really shows the importance of voting. To everyday Aussies this means very little but its the after affects that I’m concerned about and the cracks have already started to appear. ...

Smart Vendors Cash In Before Spring

By Peter Sarmas on 19 Jun 2016 No Comments yet, your thoughts are very welcome

No doubt the Australia’s property market has been good, especially in Sydney and Melbourne. The latter, seeing auction clearance hovering above 70 per cent since the start of the year excluding last week’s Queens Birthday weekend. ...

Annual Price Growth Jumps over 13% In Melbourne and Sydney

By Peter Sarmas on 5 Jun 2016 No Comments yet, your thoughts are very welcome

Good news last week when GDP figures released for March showed the Australian economy actually grew by 1.1 per cent for the quarter and house prices jumped. ...

Are Millennials Better off Than their Parents?

By Peter Sarmas on 29 May 2016 No Comments yet, your thoughts are very welcome

The hotly debated question at the moment is whether it is easier for millennials to buy their first home than it was for their parents? The current perception is yes of course, but a recent article in the Australian Financial Review gives us an alternative view with a surprising outcome. ...

Apartment Danger Zones in Melbourne

By Peter Sarmas on 22 May 2016 No Comments yet, your thoughts are very welcome

A total of 731 properties went under the hammer over the weekend, well below the 995 auctions for the same weekend last year. The Domain Group reported a clearance rate of 74 per cent, indicating the market is steady and in some parts very strong. ...

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