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 ...
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 ...
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 ...
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. ...
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 ...
72 Elginton Street in Moonee Ponds would have to be one of my favorite facades in Melbourne. It encapsulates stunning Victorian architecture. Interestingly though, this house proved to us all that the power of market timing is everything. Because it sold for $1.05 million in March 2009 and then rebounded with a $1.475 million result ...