If you’re a first home buyer looking to purchase your first property in Melbourne, it’s highly likely you’ve attended a few auctions over the recent weeks and seen some properties go for prices well above what the agent has been quoting. It’s not a nice way to enter the property market, but unfortunately that is the nature of the beast right now ...
Property can be a great investment vehicle to grow your wealth. In fact, more of Australia’s wealthiest people attribute their fortune to property than any other investment class. But, as many will attest, it’s not all roses. Here’s a list of seven deadly sins committed by property investors the world over ...
If you are looking to buy a new house, you may have heard a lot of talk about building inspections and wondered whether you should get one before committing to a purchase. To put it simply, the answer is yes, you should! Building inspections are one of the most crucial steps you can take in ensuring you make a good purchase ...
This week I secured an investment property for two very special first-time investors. Like many first-time investors, they have a young family, busy lifestyles, a potential home upgrade on the horizon and a focus on family time with their two boys. They made a sensible decision to target a property that didn't exceed out-of-pocket costs ...
This week’s big news hardly registered a mention again, but the US managed to avoid defaulting on their debt and raised the debt ceiling. As a result, stock markets around the world did not collapse. Phew! As expected, the Republicans agreed to raise the debt ceiling at the eleventh hour, after playing hardball for weeks ...
The property market is going from strength to strength. According to the recent Australian Housing Outlook Report, Sydney, Perth and Brisbane will drive the market over the next three years. Here in Melbourne, we spoke to several real estate agents and buyer advocates to get their word on the city's auction activity ...