Latest Property News

When To Sell Prior to Auction

By Cate Bakos on 29 Oct 2013 1 Comment

A few months ago I had the pleasure of meeting a lovely couple who were looking to upgrade to their next family home. Like many families in this position, they were worried about buying before selling, merging settlement dates, finding deposits, and the time-pressure to sell. However, they were able to get their home on the market just in time ...

Melbourne Auction Results – October 28, 2013

By Peter Sarmas on 28 Oct 2013 No Comments

Is Melbourne witnessing a property boom? Not since 2010 have we seen so many properties on the market in one Saturday. This appears to be due to vendors trying to time their property sale between Grand Final day and the Melbourne Cup weekend. From the 1,317 auctions reported to the REIV so far, a healthy 74 per cent cleared at auction ...

Melbourne Property Market Update – October 19, 2013

By Peter Sarmas on 26 Oct 2013 No Comments

Melbourne property prices jumped to record levels in the September quarter, though REIV chief Enzo Raimondo warned this may not be sustained over the long-term. First home buyers should also be aware of affordability issues when interest rates inevitably rise. The Melbourne market continued its upward growth cycle ...

Crocodile Dundee Splits From Wife and Malibu Mansion

By Peter Sarmas on 25 Oct 2013 1 Comment

After 23 years of marriage, Crocodile Dundee star Paul Hogan will be re-entering the world of bachelorhood. Co-star Linda Hogan has filed for divorce, stating that the split is due to ‘irreconcilable differences.’ Signs that there was trouble in paradise first became noted when the pair sold their Malibu mansion to Thor actor Chris Hemsworth ...

How to Beat your Competition at Auction

By Peter Sarmas on 25 Oct 2013 No Comments

If you’re a first home buyer looking to purchase your first property in Melbourne, it’s highly likely you’ve attended a few auctions over the recent weeks and seen some properties go for prices well above what the agent has been quoting. It’s not a nice way to enter the property market, but unfortunately that is the nature of the beast right now ...

The Seven Deadly Sins of Property Investing

By Greville Pabst on 24 Oct 2013 No Comments

Property can be a great investment vehicle to grow your wealth. In fact, more of Australia’s wealthiest people attribute their fortune to property than any other investment class. But, as many will attest, it’s not all roses. Here’s a list of seven deadly sins committed by property investors the world over ...

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