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Market News. After being led by the upper quartile most of last year, the strongest growth conditions have migrated to the lower quartile in Melbourne, Sydney and most capital cities. Across all capital cities, lower quartile home values increased 3.1% in the first quarter of this year compared with a 0.7% rise across the upper quartile. We’re also starting to see some rebound in regional city prices. Geelong’s middle and upper price levels in particular are showing some strong results this autumn.
Market News. Over the last 12 months, Sydney recorded growth of 8.7%, Melbourne 2.8% while Perth was the standout with growth of 21.1%. Across Australia, the lower value range of the market is recording stronger growth than the top quartile. Regional city prices are now growing with centres like Albury-Wodonga, Geelong and Ballarat performing well.
Market News. The release of property data for May 2024 confirms property remains a solid investment despite the cost of living increases and higher interest rates than we’ve seen over the last decade. CoreLogic’s numbers show a resilient national market, with Perth and Brisbane accelerating, and Sydney regaining ground lost in the great interest rates hike. Melbourne, Canberra and Hobart remain in the slow lane for now.
Welcome to the new financial year. While you’re getting your tax affairs in order and looking to the future, we’ll take a look at the latest property market stats and how some of our clients are making the most of real estate opportunities.
Welcome to Inner Circle for August. The busy spring market is just around the corner, so let’s take a look at what is happening in the property world.
Welcome to Inner Circle for October. As south east Australia warms up ahead of summer, let’s take a look at what is happening in the real estate world and what it means for you.
Welcome to Inner Circle for November. Market news – big Melbourne house rebound. The latest numbers from PropTrack show a big spike in sale prices for Melbourne houses in the month of October.
Welcome to Inner Circle for December. It’s been an awfully busy rush as we approach Santa time and I’m pleased to tell you, it’s investors and first home buyers who a reaping the presents!
Hello everyone and welcome to 2025! To usher in the New Year, I thought we could take a quick look back at 2024.
Welcome to Inner Circle for 2025! As Australians head back to the office and lap up the last days of summer, let’s take a look at what is happening in the world of real estate.
Well, they’ve finally done it! After four years, the Reserve Bank of Australia cut official interest rates last month and many analysts are predicting more cuts to come. Does this change things? You bet it does - read on to find out how.
Welcome to Inner Circle – Victoria’s most informative property newsletter! Do you want to be ready to make smarter property decisions? If you’re thinking of taking advantage of the rebounding property market, join us for our exclusive, one hour webinar tailored for property investors who want to stay ahead of the curve in 2025.
Welcome to Inner Circle – the insider’s update on the real estate market! Now that the election and school holidays are over, where does the real estate market find itself?
“Anecdotal evidence suggests that some agencies are employing property hosts to open properties for inspection, i.e. people who are not qualified Agents’ Representatives or Licensed Estate Agents may be acting as a host. Please be aware that such an approach is not permitted under the Estate Agents Act and exposes your agency to significant fines.
There are different drivers in play when a home buyer searches for a home to purchase versus an investor looking for an investment property. Key factors such as primary objectives, personal criteria, and emotion play important roles on what, where and how you choose it.
Property Mavens proudly makes its home in Melbourne’s inner bayside so we thought it would be a good idea to take a look at what’s happening locally. While other areas are capturing the limelight this year, be in no doubt Bayside is performing well for investors and homeowners alike.
It is the perennial question I get asked on radio, at forums or in my office: What is the best type of property to buy? The honest answer is, the same types I’ve been buying for a decade. But some years, things change and a new option pops up as a great investment. 2022 is such a year – so let’s take a deep dive into this year’s best buys.
One of the most fraught issues in property has been the political drama over negative gearing. It was the bunfight at the centre of the last election with the perverse effect of keeping house prices stuck in limbo despite very low interest rates and a surge in population growth.