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Melbourne Property Market Update – September 6, 2013

By Peter Sarmas on 6 Sep 2013 No Comments yet, your thoughts are very welcome

After a strong winter selling season, property experts believe the Melbourne market will see a record number of auctions in spring. The prospect of a more stabilised government after this Saturday’s federal election is also likely to have a positive effect on the property market. Read on for more updates ...

‘McSuper’ Funds Encourage Financial Planners to Push Investors into SMSFs

By Peter Sarmas on 5 Sep 2013 No Comments yet, your thoughts are very welcome

A boom in property sales for self-managed superfunds (SMSFs) is spawning a new generation of intermediaries offering pre-packaged legal, insurance and referral services, which some industry experts say could put investors into financial hardship. Clients and advisors are being urged to exercise extreme caution ...

Melbourne Auction Results – September 2, 2013

By Peter Sarmas on 2 Sep 2013 No Comments yet, your thoughts are very welcome

While multiple bidders were still out in force over the weekend, the auction clearance rate fell back from its revised 79 per cent rate last week to reach 74 per cent, which is still favourable when compared to the 63 per cent recorded at the same time last year. I would expect this figure to be revised down further ...

Mornington is a Highlight on the Peninsula

By Peter Sarmas on 30 Aug 2013 No Comments yet, your thoughts are very welcome

Of all the suburbs on the south eastern peninsula, Mornington is without a doubt one of the highlights. Renowned for its small town atmosphere, Mornington is a suburb where everyone seems to know everyone – which is perhaps because once you’re there, you never want to leave ...

Ferris Bueller House Slashes Asking Price

By Peter Sarmas on 30 Aug 2013 No Comments yet, your thoughts are very welcome

The house that was used in the filming of the 1986 comedy classic Ferris Bueller’s Day Off is once again for sale. The two-part home is located on 370 Beech Street in the leafy suburb of Highland Park, Illinois, and was built in 1953 by architect A James Speyer, a protégé of Mies Van der Rohe. It has been listed for an asking price of ...

Melbourne Property Market Update – August 30, 2013

By Peter Sarmas on 30 Aug 2013 No Comments yet, your thoughts are very welcome

This week in property, Street News has taken a look at the Melbourne market over the weekend which saw a record high auction clearance rate of 82 per cent – that’s 357 properties sold at auction. Peter Sarmas discusses the statistical data of the weekend results, and analyses what this means for the property market ...

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