Latest Property News

Melbourne Property Market Update – November 9, 2013

By Peter Sarmas on 9 Nov 2013 No Comments

Warnings about self-managed superannuation funds have been rampant in the media over the last week. Now the Australian Securities and Investments Commission wants to ensure property investors are seeking advice from appropriately licensed financial experts ...

Gai Waterhouse Denies Melbourne Move After Cup Victory

By Emily Tatti on 8 Nov 2013 1 Comment

There’s little doubt racing queen Gai Waterhouse is still celebrating after winning her first Melbourne Cup with Fiorente, though she has had to quash rumours she intends to permanently shift her operations to Melbourne. She already has a 20 box training base at Flemington, and she also recently bought an apartment in the city ...

SMSF Could Make it Difficult for First Home Buyers

By Peter Sarmas on 7 Nov 2013 No Comments

The Reserve Bank of Australia revealed in mid-September that about $18 billion of the $500 billion in Self-Managed Super Funds (SMSFs) is invested in residential property. Currently, this equates to only about 3.6 per cent of the SMSF kitty, but it is a growing area of investment, with some surveys suggesting that this number could rise ...

Chinese Property Investors Taking Over the Australian Market – Fact, Fiction or Fearmongering?

By Louis Christopher on 7 Nov 2013 No Comments

Sadly, many within the Chinese community have been subjected to prejudice and fear, particularly when it comes to the real estate market. This notion that the Chinese may buy everything up and leave the rest of us with nothing is a false prejudice that has been in existence for quite a long time now. However, this is nothing but xenophobia ...

Hedging Your Bets When You Face an Auction

By Cate Bakos on 6 Nov 2013 No Comments

Recently I had an exciting adventure with a delightful couple who were determined to secure their dream home in Melbourne's inner west. Their criteria was very specific, their budget was sensible and their approach was grounded. I only encountered one issue. The property that caught their attention was an auction property ...

Confidence in Selling Increases

By Peter Sarmas on 5 Nov 2013 No Comments

According to the results of the RP Data – Nine Rewards survey carried out in October, fewer of us believe that now is a good time to buy a home or property, in comparison to an earlier survey. In a survey with 1,045 participants, a range of questions were asked to gauge expectations around housing prices in Australia ...

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