Latest Property News

Shopping for a Development Site

By Sharon Fox-Slater on 29 Oct 2014 No Comments

Some small-scale property development projects can deliver profits upwards of 20 per cent, but choosing the right site can be a major challenge. Holding costs, while you get plans approved and building quotes, really add up. That means it is often better for development beginners to consider buying a run-down property ...

Spotswood: An Underrated Suburb Poised For Redevelopment

By Cate Bakos on 28 Oct 2014 No Comments

Spotswood fascinates me a little bit because it seems quite underrated when compared to its adjacent neighbours; Yarraville and Newport. Seemingly quiet, it is poised for bigger things as its land use changes from industrial to residential and commercial. Significant redevelopment is also on the cards ...

Melbourne Auction Results – October 27, 2014

By Peter Sarmas on 27 Oct 2014 No Comments

This weekend a record 1641 properties were auctioned in Melbourne – beating the previous high of 1619 on the same weekend last year. The Melbourne property market often peaks at this time in October, as vendors and agents take a breather on the following Melbourne Cup weekend ...

Yarraville: Where Four Bedroom Homes Sell Like Hotcakes

By Cate Bakos on 21 Oct 2014 No Comments

On Saturday I bid at 20 Fairlie Street in Yarraville for some very special clients of mine. Unfortunately we were not the winning bidders, but I was so moved by the vendors' remarkable market timing, and ability to tap into what the local market needed, that I decided to write about the adventure ...

Melbourne Auction Results – October 20, 2014

By Peter Sarmas on 20 Oct 2014 No Comments

Financial commentator Michael Pascoe delved a little deeper into why first home buyer numbers are falling in the Melbourne property market. Unfortunately for those click baiting publishers, foreign buyers aren’t the reason for their perceived decline. But more of that after we cover this weekend’s auction activity across Melbourne. ...

First Home Buyer Figures Understated

By Pete Wargent on 16 Oct 2014 No Comments

A point that has been much discussed over the past year: the nonsensical figures being reported as fact regarding the level of first homebuyer activity. Even until relatively recently, the Reserve Bank was producing stats for first homebuyers which suggested that numbers were abnormally low after a spike caused by homebuyer grants ...

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