Property News

Ride to Work? You’ll Need a Bike Barrier For That

By Urban Melbourne on 1 Nov 2013 No Comments

Between 1 and 3 per cent of Australian commuters are out on the roads today, proving cycling is often the fastest transport choice. Why don’t more people join them? It is not for a lack of interest, but the dangers involved in riding on Australian roads. We may have helmets, but the Dutch have the protection that matters: barrier protection ...

First Home Buyers to Surge in 2014 Despite Rising House Prices

By Peter Sarmas on 31 Oct 2013 No Comments

In spite of a fall in the number of first home buyers this year, it is widely predicted that first home ownership will make a big comeback in 2014. Though it would make more sense that potential first time owners will be put off by the rise in house prices, a closer look at the different elements within the housing market lends support to this optimism ...

Count The Cost When Renovating

By AOXEN on 31 Oct 2013 No Comments

Before you wage a renovation war on your property, there are several costs renovators often overlook when checking the feasibility of their job. After all, when you’ve got a tight budget, the last thing you want to do is to come up against unexpected costs that should have been factored in at the initial planning stage ...

On my High Horse – Giddy Up!

By Peter Sarmas on 30 Oct 2013 No Comments

I’ve decide to jump on that high horse again and have a bit of a rant about the misinformation being dished up in the property market at the moment. What’s really getting up my goat are these so-called experts advising people to rent instead of buy under the belief that there will be a better time in a few years when the market collapses ...

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 ...

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