Key Points Ascot Vale, 13 Fisher – Ray White – With views over the Maribyrnong River, this was bought for $2,000,000. Land value $2,000+ per sq metre 8 buys over $1m in Caulfield and Elsternwick this week, including in the heart of the Bagel belt – 31 Aroona with Rochelle Butt of TBM at $2,511,000 Templestowe, 70B Newmans [...]

Key Points: We covered nine auctions in Port Phillip – and unlike other weeks, all but two sold. The biggest sale was 100 Victoria Ave, Albert Park (Andrew Stuart, Hocking Stuart) at $3,270,000. See report below. Another block of flats auctioned for over $3,000,000 at 18 Spray St Elwood (Juanita Kelly of Woodards) BidderBuzz Auction of the Day: Albert [...]

The elephant in the room for agents is always: “How much is it worth?”. You might be having a nice conversation about the weather or the footy, and the amazing fact that you both know Peter who went to the same school as so and so. But anyone, whether buyer or seller

Key Points 284 Albert South Melbourne bought at auction for $2,170,000 Nick Yannopoulos of RT Edgar Many homes on offer today failed to attract any interest Two good $2m+ homes in Park St. St Kilda West  failed to attract a bid BidderBuzz auction of the day 229 Page St, Middle Park, Andrew Stuart, Hocking Stuart, Under the Hammer $1,620,000, 2 [...]

Key Points Fall in Clearance Rate today Stock offering not as good as October 23rd Very little new stock in this week owing to Melbourne Cup in 4 weeks A lot of off market on offer $3m+ homes have come on in big numbers compared to winter Biggest sale 5 Glassford St, Armadale, Justin Long, Marshall White, Under the Hammer $2,350,000 “Good [...]

The big news this week for homebuyers was not Gary Ablett or the GF Replay; it was the major stock inflows that took place on Monday, Tuesday and Wednesday when agents began their marketing campaigns for the next Super Saturday - October 23rd. Check out the size of the Weekly Review this week. While one weekend does not make a summer, we now seem to have finally started the Spring surge. Prior to the Grand Final(s) stock was particularly low and prices were definitely beginning to firm on the back of this.

Backward bidding is about throwing stones, it’s about fighting back, it’s about saying enough is enough.

September Executive Summary: Demand: Solid and increasing Reported Boughts: 46 Bidderman: Substantial improvement in bidders per auction at the higher level. Random cross section of bidders. 1/3/2/1/3/1/3/2/2/3/3/3/2/1/0/0 for a month average of 1.875 Supply: New Stock Low Overhang from May however new stock is still light on at end of September and that which comes on at a reasaonble price [...]

In our last article we talked about the possible tax benefits when investing in property through a self managed super fund (SMSF). While taxation is undoubtedly an issue, and holding your investments within the most appropriate tax environments is vital to ensuring you maintain your wealth, today’s article will focus on one of the most [...]

Key Points Boroondara still the “healthiest” million dollar market to sell in – although impressive challenge from Stonnington today. A few upper end quality homes are drifting onto the market – but supply is tight. Current sales volume is way less than the peak one to two months ago Agent Comments – This week we asked if the election [...]

Some people think buying off the plan is an easy way to buy property and a fast way to make money. You put down 10 per cent now or, in some cases, as low as 5 per cent, with the balance payable in six, 12 or 24 months. This gives you additional time to save and the [...]

There is always a great deal of talk about “Boom” suburbs! The media love it, some so-called property experts love it, and it is a hot topic at dinner parties. “Where are property prices going to BOOM next? ” The word “boom” creates a buzz and gets everyone’s attention Unfortunately, a ” boom suburb ” can be like a [...]

Good design can add real value to a property. Melbourne is the most livable city in the world and, within its suburbs, lies a diverse and eclectic mix of homes. Architectural features, the quality of fittings, lighting aspect, sun, environment and airflow all need specialist consideration when determining price. It Is Easy To Over Estimate Value In [...]

Our Fundamentals Buying the right property is a science. And an art. There are a lot of factors which affect whether or not you get a good deal when buying property. For those who love the Art vs Science arguments, let’s say there is an art to finding, matching and negotiating a property. That is [...]

Some of our tips to reduce stress and emotion when buying property: Counteract inexperience and buy in some expertise. It’s not that you shouldn’t use Dad or Uncle Ben – they just don’t probably understand in the same way what your needs are. Hire a buyer advocate or an experienced valuer. Spend some money to [...]