Latest Property News

When Should I Buy a House?

By Peter Sarmas on 11 Sep 2013 No Comments

When to buy a house is a question that many first home buyers fret over. Given that your home is likely to be the most expensive purchase you will ever make, it is completely understandable that people tend to err on the side of caution when it comes to entering the property market ...

Baby Boomers with SMSFs Leading the Charge, but Buyer Beware

By Peter Sarmas on 11 Sep 2013 No Comments

Wealthy baby boomers are using self-managed super funds (SMSFs) to hustle in on traditional first home buyer price ranges in Sydney and Melbourne. Ray White Elizabeth Bay's Laura Bitar estimated that the number of investors using their SMSFs to purchase a property has doubled since last year ...

Aussie Underperformers in Property

By Pete Wargent on 10 Sep 2013 No Comments

When I started writing my first book back in 2010, I underscored the reasons why I felt that of all the Australian capital cities, with the possible exception of Hobart, the city I would be least inclined to buy real estate in would be Adelaide. Given the supply/demand dynamic, I couldn’t see any valid reason why property prices would rise faster ...

Beautiful Balwyn

By Cate Bakos on 10 Sep 2013 No Comments

Saturday started with a flash of brilliant sunshine and a warm spring breeze, but by midday, the Melbourne weather was feeling decidedly glum. Rain, cold wind and dark clouds provided buyers with a difficult backdrop as they ventured out to visit their chosen properties. Nothing was different for 35 Yongala Street in Balwyn ...

Auction Attendance Down, but Clearance Rate Steady

By Catherine Cashmore on 10 Sep 2013 No Comments

Pre-election chitchat should have assured sellers – and buyers – that housing values do not typically suffer from federal elections. I think in the current circumstance, a strong Coalition win will be enough to promote a sense of security, and perhaps relief, in Australians, who are not going to suffer a second term of minority rule ...

Melbourne Auction Results – September 9, 2013

By Peter Sarmas on 9 Sep 2013 No Comments

Unless you were hiding under a rock, you wouldn’t have missed out on one of the most anticipated days on the calendar this Saturday. The public went to the polls and voted for the Coalition in what appeared to be a landslide victory. For the first time in a number of years, we have a majority government with the ability to rule without compromise ...

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