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Read the latest market commentary from our CEO, Miriam Sandkuhler
The Good and the Bad of Covid and Covid finance
The Good and the Bad of Covid and Covid finance
Miriam Sandkuhler, CEO and Senior Property Advocate at Property Mavens, told The Property Tribune his team is witnessing a strong demand in Melbourne for solid traditional family homes – three bedrooms with a backyards on an established street at a price range of $1 million to $1.3 million. “That is being driven by interest from homebuyers, especially downsizers and first-time upgraders looking for more room. And that action is focused on the inner- middle suburban belt, roughly seven to 15 kilometres from the CBD,” she said.
Victoria housing affordability: Less than a fifth of Victorian homes are cheaper to buy than rent | PropTrack Less than a fifth of Victorian homes are more affordable to buy than rent, with new PropTrack data revealing one major difference between the state and the rest of the nation. However, Property Mavens chief executive and buyer agent Miriam Sandkuhler said she would caution property investors to buy in these areas, as a high proportion of these “homes” were very small units in precincts dominated by tightly congested development. “Calling these ‘homes’’ can be quite misleading,” Ms Sandkuhler said.
Melbourne’s vacancy rate rises as tenants flee rental market and buy: PropTrack Melbourne tenants are fleeing the rental market in droves and purchasing their first homes as the city records the biggest annual rise in its vacancy rate compared to all capital cities. However, Property Mavens chief executive and buyer’s advocate Miriam Sandkuhler said not every tenant was in a position to buy.
When the cameras stop rolling: lessons from The Block for profitable bush retreats Two houses from this year’s Daylesford season remain unsold, providing a salutary warning that styling alone won’t sell rural retreats; location, land value and privacy matter more than TV gloss.
Read the latest market commentary from our CEO, Miriam Sandkuhler
The Property Spots That Are Hot and Those Which Are Not Before taking the leap into property based on advice around hotspot suburbs, real estate investors should consider a range of other factors. It’s that time of year when the sound of carols fills the air, the streets fill with shoppers and some of us begin to wonder what we will look like in a bathing suit.
Welcome to Inner Circle – the insider’s update on the real estate market! Winter is here! As the cold wind blows in from the south and scarves make a return to our wardrobe, lets take a look at what’s shaping the real estate market this winter.
Welcome to Inner Circle – Melbourne is on the move! Well it’s official, the winter market in Melbourne and many regional Victorian cities is moving up! We are starting to see some good auction results, developers moving in on “knock-down” houses in the inner suburbs and other signs that the market is strengthening.
Welcome to Inner Circle – Melbourne is on the move! The market in Melbourne and many regional Victorian cities is moving up in price albeit with the number of homes listed for sale down in July.
Welcome to Inner Circle Spring is upon us and the air is filled with the aroma of freshly cut lawns and the season’s first blossoms.
Welcome to Inner Circle The footy finals are over, the gardens are in bloom so now is the time to get back to Australia’s favourite pastime: property!
Welcome to Inner Circle Ah November – that curious month in Melbourne where 30-degree days are followed by cold rain only for the sun to reappear a day or two later.
Welcome to Inner Circle This will be our last Inner Circle for a while. If you want to stay up to date with what’s happening at Property Mavens and our take on the real estate market, stay tuned to our social media feeds and to the blog on our website: propertymavens.com.au/media-blog