A risky business or safe as houses?

We’ve all heard the phrase “safe as houses”, and indeed, investing in real estate has long been considered a safe and secure long-term investment strategy, particularly for those who do their due diligence and locate good-quality properties in areas that are likely to grow in appeal and value. That said, as with almost all areas […]

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4 key reasons why the property pessimists are changing their minds

Why were all those property pessimists wrong? In fact, why are they becoming more positive about property? Of course it wasn’t just the usual band of Negative Nellies making dire predictions of significant property price falls earlier this year, it was also some credible economists suggesting property values could fall by up to 20%. Yet […]

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Total Property Listings Decreased in August

National residential property listings decreased in September by 6.3% from 312,680 listings in July 2020 to 293,053. Compared to 12 months ago listings were also down by 10.0%. All capital cities recorded decreases in property listings over the month with Melbourne recording the highest decrease at 13.2%. Hobart recorded the second largest decrease at 9.4% […]

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Why have the capital cities performed differently amid COVID-19?

Not every Australian housing market has performed the same way since the onset of the COVID-19 pandemic. The latest CoreLogic Home Value Index results revealed that since March, Melbourne property values fell 3.5%. Meanwhile, the ACT dwelling market reached a record high. From June to July, the rate of decline eased across Perth from -1.1% […]

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Despite Covid 19 Australia has 46 NEW million-dollar suburbs

Believe it or not…Australia has 46 new million-dollar suburbs despite the Coronavirus induced recession. Melbourne saw median house prices in 24 suburbs exceed the seven-figure threshold this year, while Sydney had 15 and Brisbane, seven. ​Despite everything that’s been thrown at them, our property markets have remained remarkably resilient. And the upper end of the […]

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Property prices fall but avoid the predicted major slump: Domain House Price Report

House prices have fallen nationally by just 2 per cent over the last March-to-June quarter according to the latest Domain House Price Report. Yet some of the headlines in the media say “Property prices plummeting” Far from it! At a time when unemployment is rising and household incomes are shrinking, our housing markets have remained […]

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Understanding The Psychology Of Buying A Home

There’s no denying that buying a home is a big decision and yet you may be surprised by the number of people who are influenced by factors other than price, resale value and location. From the number of a house to a lick of new paint on the walls, it seems we are influenced by […]

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Why 2020 is the WORST time to buy property

It’s a bold statement, but it’s true. For some of you who are reading along right now, 2020 is absolutely the worst possible time you could consider buying a property. In fact for these people, moving forward with a real estate purchase this year would have the potential to cripple them financially, not just now […]

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All you need to know about selling your home

Thinking of selling your home now that our property markets are moving out of the government imposed Coronavirus cocoon? Well let me tell you … selling your home can be a stressful and confusing time. As well as packing boxes, booking removalists and dealing with all of the logistics of the move, you also prepare […]

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Here’s how I interpret auction clearance results

Now that lockdown restrictions have been loosened more and more vendors are putting their property to auction. In the good old days a Sunday wasn’t complete without checking the weekend clearance rates, especially for property pundits in Melbourne and Sydney. That’s because the auction results are a timely gauge of conditions of what’s going on […]

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