Latest Property News

Asbestos Register Now Required by Law

By AOXEN on 4 Sep 2013 3 Comments

Due to the serious health risks associated with asbestos, it is now law in most states and territories across Australia that every commercial building constructed prior to 31st of December 2003 has an asbestos register and an asbestos management plan. It is the responsibility of the person with control or management of the property ...

Ballarat Buying

By Cate Bakos on 3 Sep 2013 No Comments

Recently I secured a gorgeous renovated period beauty for fabulous clients of mine who were keen to diversify their investment portfolio with a higher yielding, regional purchase. The brief was not hard at all... I had a budget of $300,000 and I was under instructions to meet a gross rental yield which exceeded 5.5 per cent p.a ...

Sydney Auction Clearance Rate Hits a Stunning 84 per cent

By Pete Wargent on 3 Sep 2013 No Comments

Auction clearance rates in Sydney hit the astonishing level of 84 per cent on Saturday, the highest recorded this year, completing a record month of August for the city. Last weekend's 79 per cent clearance rate was the only weekend in the last eight where less than a "boom time level" of 80 per cent of auctioned properties were sold ...

The Strength of Auctions in the Rising Market

By Catherine Cashmore on 2 Sep 2013 No Comments

After last week’s clearance rate dropped from 82 per cent to 79 per cent once all results had been collected, this week’s 75 per cent rate was back in line with the year-to-date trend, which currently sits at 71 per cent. ...

Melbourne Auction Results – September 2, 2013

By Peter Sarmas on 2 Sep 2013 No Comments

While multiple bidders were still out in force over the weekend, the auction clearance rate fell back from its revised 79 per cent rate last week to reach 74 per cent, which is still favourable when compared to the 63 per cent recorded at the same time last year. I would expect this figure to be revised down further ...

Mornington is a Highlight on the Peninsula

By Peter Sarmas on 30 Aug 2013 No Comments

Of all the suburbs on the south eastern peninsula, Mornington is without a doubt one of the highlights. Renowned for its small town atmosphere, Mornington is a suburb where everyone seems to know everyone – which is perhaps because once you’re there, you never want to leave ...

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