By Cate Bakos on 26 Nov 2013 No Comments
Last week I had the pleasure of assisting two very lovely and loyal clients with a would-be property purchase. They have been searching the inner west for their next home for the last two years. Following the birth of their second child this year, they decided to ramp up their search for a three to four bedroom Victorian era home ...
By Peter Sarmas on 25 Nov 2013 No Comments
Is there evidence of a splitting property market in Melbourne - where buyers are aggressively bidding on certain property types in certain areas while other properties and suburbs remain subdued? Some commentators are calling this auction clearance rate drop the end of a ‘bull run’, but I’m not quite convinced yet ...
By Peter Sarmas on 23 Nov 2013 No Comments
This week, a study released by Mortgage Choice revealed that Australians are confident about their finances. This optimism is said to be due to a succession of positive economic data. Property prices are also climbing at a steady rate. Peter Sarmas consulted property expects who attended a number of auctions ...
By Jessica Hoadley on 22 Nov 2013 No Comments
Have you sinned lately? Opposite the Macedonian Orthodox Church on Victoria Street, Seddon, Seddon Deadly Sins is where locals of all faiths congregate every morning of the week. My friend and I arrive at 10am on a grey Saturday morning. We're shown through the busy front and back rooms to the sheltered rear courtyard ...
By Emily Tatti on 21 Nov 2013 3 Comments
You could snap up Julia Gillard’s famously modest Altona house at an upcoming auction. The property, which saw its share of media coverage during Ms Gillard’s three year prime ministership, will officially go under the hammer on Saturday December 14. It is expected to sell for upwards of $600,000 ...
By Sharon Fox-Slater on 21 Nov 2013 1 Comment
Given the potential profits, some property owners are tempted to rent their house by the room, but this strategy can be a legal and logistical minefield. The situation is particularly alarming if you find your tenant is a potential ‘slumlord’, secretly subletting individual rooms for profit. The ‘rooming house’ concept is becoming increasingly common ...
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