By Peter Sarmas on 28 Aug 2013 No Comments
It seems the 2013 federal election is a bit of a lame duck when it comes to affecting consumer sentiment in the residential housing market. Historically, confidence in housing slips in the run up to an Australian Federal election. Home buyers traditionally become cautious about the uncertain political environment ...
By Cate Bakos on 27 Aug 2013 No Comments
This Saturday just gone I bid on a great villa unit in Northcote. This property ticked all of the 'ideal investment' boxes for me and I have to admit, I was quite excited when my young first home buyer client brought this property to my desk to review, appraise and secure ...
By Peter Sarmas on 26 Aug 2013 No Comments
If you’ve attended a property auction in either Melbourne or Sydney in recent weeks, you may have raised an eyebrow at the high prices some properties are fetching when the gavel falls. Data from Australian Property Monitors’ recent quarterly housing market report revealed that Melbourne’s median house price jumped in June ...
By Peter Sarmas on 26 Aug 2013 No Comments
The Melbourne market reached its highest clearance rate over the weekend at 82 per cent for 357 properties sold at auction. Despite the high number of properties unreported, there appears to be a renewed confidence in the market at the moment. This weekend last year the clearance rate was 57 per cent from 467 auctions ...
By Peter Sarmas on 23 Aug 2013 No Comments
After a series of reckless events and public scandals, Justin Bieber could be breaking away from Los Angeles for a quieter location – Michael Jackson’s Neverland Ranch, to be exact. It seems that a change of scenery to Los Olivos, California (a two hour drive from his current home in Los Angeles) could be just what the Biebs needs ...
By Peter Sarmas on 23 Aug 2013 2 Comments
Located midway between Melbourne and the Mornington Peninsula, Frankston is a beachside city that has more to offer than its outdated reputation might suggest. Plentiful in the way of schools, shops, restaurants and entertainment, Frankston has come a long way from the stereotyped outer suburb it once was ...
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Chinese Property Investors Taking Over the Australian Market - Fact, Fiction or Fearmongering?
Why Taking a Long-term Position on Property Investment Can Reduce Risk
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