‘Try before you buy’: Experts issue COVID-19 tree, sea change warning to Melbourne homebuyers
Homebuyers desperate to escape Melbourne post-lockdown are being warned to think twice before making the move out bush. Miriam Sandkuhler, buyer and vendor advocate and chief executive of Property Mavens, said city dwellers were abandoning the big smoke in droves in search of larger homes on bigger blocks. Read More
In search of country vibe
How to ace buying in a school zone
Not worth the gamble: How to avoid buying a property lemon
Termites, defects, and flammable cladding are being overlooked by buyers rushing into the FOMO-driven property market before it gets too hot.
As house prices race ahead at a pace not seen in 17 years, intense competition has stoked a rise in the number of sales conducted without independent pest and building inspections. Read More
Tree-changers urged to try before they buy
Could some homebuyers be making a mistake as they join the regional housing boom? Stephen Cenatiempo spoke to Miriam Sandkuhler from Property Mavens, who says it’s important to do your research before making a tree or sea change. Click here to listen
Potential sea changers warned to look out for poor performing beach houses
Potential sea changers should be on alert for any poorly built or poorly performing properties that hit the market in coming months, amid skyrocketing interest in buying property in Australia’s favourite holiday destinations.
Be warned of bargains that look too good to be true and think carefully about long-term work arrangements when dreaming of a post-covid lifestyle change, buyers agents say. Read More
Where to buy in Melbourne without having to pay a top price tag
Sea changers wanting to “try before they buy” have driven double-digit growth in rental values across the Mornington Peninsula and southeast.
Beachside suburbs make up all 10 Melbourne suburbs with the highest annual increases in rents in the house market in 2020, according to property data firm CoreLogic.
Blairgowrie and Bonbeach tied for the No. 1 spot, with their median weekly rental values rising 10.8 per cent to $526 and $578 respectively in the year to September 30. Read More