Latest Property News

Hangover Stock Brings About Buying Opportunities

By Peter Sarmas on 26 Feb 2018 No Comments

This week Melbourne's auction market has been tested with over 1200 properties reportedly going under the hammer over the weekend. Although both Domain and the REIV show clearance rates at nearly 70%, this on the surface seems good but in actual fact is 10% down for the same time last year. Speaking to a number of agents around town confirms.... ...

Where is The Property Market Heading?

By Peter Sarmas on 12 Feb 2018 No Comments

There has been a lot of “white noise” surrounding the Sydney and Melbourne property market over the last few months and it has taken me a while to determine which way things were actually going to go. Is the Australian property market heading down the gurgler or is this just a glitch? ...

Why I’m Not Worried about a Property Downturn

By Peter Sarmas on 25 Sep 2017 No Comments

It is really important to emphasise why I believe this economic exit from the property sector will not be a disaster. ...

Have Australians become a bunch of Whingers?

By Peter Sarmas on 11 Sep 2017 No Comments

  Melbourne Auction Results 11th of September 2017 73% Clearance Rate 836 Reported Auctions Sold at Auction: 523     Passed in: 194     Sold Before: 99     Sold After: 0     Postponed 14       Source:REIV   Melbourne Market Wrap March 11th September , 2017 The REIV reported 836 properties ...

Melbourne’s Daily Average Visitors Nearing 1 Million

By Peter Sarmas on 28 Aug 2017 No Comments

According to Population Estimates and Forecasts report nearly one million people will be visiting Melbourne on an average weekday within the next five years ...

Is Housing Affordability Creating A Gap Between The Rich and The Poor?

By Peter Sarmas on 7 Aug 2017 No Comments

Australia's political parties are using housing affordability as a platform to boost their popularity and polarise the community, but is this a local issue? Low interest rate cycles globally have pushed asset prices up, so how will this affect our market? ...

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