Melbourne Auction Results

Melbourne and Sydney Markets Defy Experts

By Peter Sarmas on 17 Jul 2016 No Comments yet, your thoughts are very welcome

NAB released the bank’s second quarter survey last week and the results will surprise many. House prices are set to rise faster than the predicted 5.1 per cent this year due to stronger than expected growth in Melbourne and Sydney (AFR). ...

Election Outcome Spurs On Clearance Rates

By Peter Sarmas on 10 Jul 2016 No Comments yet, your thoughts are very welcome

There may have been a sigh of relief for investors more so than first time buyers as the threat of removing negative gearing and increasing capital gains tax on established investment was quashed. ...

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. ...

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