Latest Property News

Auction Clearance Rates Up. Are We in a Boom?

By Kristie Kwok on 20 Nov 2013 No Comments

Properties are selling faster, house prices are rising and high auction clearance rates prevail. House prices grew by 1.2 per cent in Melbourne over the month of October, and the latest research released by RP Data Auction Plus suggests Melbourne’s clearance rate is around 71 per cent ...

Why do Chinese Investors Find Australian Property so Attractive?

By Kristie Kwok on 20 Nov 2013 1 Comment

Chinese investment in Australia tripled from 2007 to 2012, according to real estate firm Colliers International. Local restrictions on property purchases, tax disincentives and the new wealth accumulated in China are major contributing factors to this trend. We examined some of the other reasons Chinese buyers are drawn to Australian property ...

When an Agent Plays Games, Another Will Play Ball

By Cate Bakos on 19 Nov 2013 No Comments

This week was another exciting week for me and my clients in general, though there was one purchase that stood out among the rest. I had the pleasure of working with a delightful couple who are expecting their first child. Despite some difficulties with a game-playing real estate agent, we managed to find the perfect property ...

Melbourne Auction Results – November 18, 2013

By Peter Sarmas on 18 Nov 2013 No Comments

When I sat down for my dose of The Financial Review on Sunday afternoon, I couldn’t help thinking we are either entering a boom or we are already in one. It almost feels like the late 1980s when massive successes were regularly paired with tales of corruption and criminal entrepreneurs Bond and Skase dominated the news ...

How to Spend an Hour in… Yarraville

By Peter Sarmas on 16 Nov 2013 No Comments

Everyone’s talking about Yarraville. It has cool wine bars, they say. Quirky design shops. Vintage Melbourne architecture. And it’s only 8 kilometres west of the CBD. When I found myself with an hour to kill in the area, I decided to discover what all the fuss was about. And it didn't take long before I decided I’m concurring with the masses ...

Melbourne Property Market Update – November 16, 2013

By Peter Sarmas on 16 Nov 2013 No Comments

This week, the Housing Industry Association (HIA) predicted a steady recovery for renovation investment and strong growth in the housing sector over the next few years. In their spring National Outlook report, they claim dwelling commencements could eventually match the highs achieved during the post-GFC stimulus ...

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