Property News

Will Property be the Hottest Asset Class for the Next Five Years?

By Pete Wargent on 11 Jun 2013 No Comments

Mark Bouris caused a bit of a ripple this week by suggesting that the Australian property markets will represent "the hottest asset class you can possibly think of" for the next five years. Of course, just as a hairdresser is probably not the best person to ask if you need a haircut, so it is in this instance, but is Bouris likely to be right? ...

Local Insights – Montmorency

By Peter Sarmas on 8 Jun 2013 No Comments

As we edge into winter, areas of the Melbourne property market are performing better than others. This week, we decided to offer our local insights on the small but very popular suburb of Montmorency, which is loved for its country and community feel ...

Melbourne Property Market Update – June 8, 2013

By Peter Sarmas on 8 Jun 2013 No Comments

After meeting this week, the Reserve Bank decided to leave the cash rate on hold at its record low 2.75%, choosing to wait and see what impact last month’s cut has on the economy. Read on for the other property-related items in the news this week ...

Toni Collette $1 Million Out of Pocket after Property Battle

By Peter Sarmas on 7 Jun 2013 No Comments

Australian actress Toni Collette and musician partner David Galafassi have been ordered to pay over $1.1 million after losing a non-performance legal battle in court against Susan and Nick Kelly, founders of the Industrie men’s clothing label. The couple were set to purchase the Paddington home in east Sydney to live with children Sage and Arlo for over $6 million in September 2011 ...

Renting Versus Buying

By Greville Pabst on 6 Jun 2013 No Comments

Both renting and buying have their advantages and disadvantages. Approximately 30 per cent of Australian households currently rent due to the affordability, the flexibility to relocate and the ability to reside in otherwise unattainable areas ...

The Importance of Landlord Protection Insurance

By Peter Sarmas on 5 Jun 2013 No Comments

While the majority of tenants take good care of rental properties, there are always exceptions to the rule. This is why landlords need to have the right insurance cover should they find themselves in a situation of dispute. Only 54 per cent of self-managed landlords had their property insured – leaving 42 per cent of self-managed landlords vulnerable to a potential loss ...

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