Described by its google description as one of the hippest suburbs in Melbourne (which obviously means it’s true!)
It’s the home of the mighty pies, even though technically Victoria Park is in Abbotsford. Why they do that is beyond me (‘Welcome to Thornbury’ is actually located in Northcote if you didn’t know), very confusing for the average punter!
Read MoreWhile we all hope (and pray) that our houses only increase in value over time, they'll still invariably lose value in other ways. We're ignoring land size and location today, obvs. This is all about the building itself and all the expensive bits attached to it. Let us delve into the world of property depreciation.
Read MoreIf driving into Bendigo for a day trip isn’t on your to do list this year then do yourself a favour and put it at the top. Named a UNESCO city of gastronomy in 2019, alongside 65 others worldwide, this culture, art and history rich city is a regional treasure.
It’s one thing to visit for the day but making the move permanently? The ABS records a net 22,651 Melbournians have relocated to other parts of Victoria during the pandemic and for those looking to join them we can see why you are tempted.
With a population forecasted for 2021 at 123,632, the median 3 bed house price sitting at $575.000 and the established airport flying direct to Sydney with Qantas (Adelaide and Brisbane following soon), the appeal to snap up one of the many period homes and immerser yourself in the welcoming and diverse community is great.
Read MoreYou might know someone who's bought an investment property through a trust, has raved about it (using lots of jargon), and you'd like to know more. Let’s look at the pros and cons:
Read MoreDo you want to know about our secret weapon? The one that works harder for our clients than anything else? We used to be real estate agents. Yep, that’s right, we used to be one of ‘them’... and we’re not mad about it!
In fact we love estate agents, they are our friends, personally and professionally, and we appreciate the job they do. However, it is a massive win for our clients that we understand how the other side works.
We’ve attended sales training and real estate agent coaching for over 8 years, we’ve sat in on countless sales meetings, we have talked directly to vendors about their wants and needs and how to achieve them, and negotiated directly with buyers from the other side of the fence.. we’ve done it all.
Read MoreWe wholeheartedly believe in property. We believe everyone should buy real-estate for wealth creation. We talk about property all day everyday and we love it.
Recently we have been hosting ‘Lunch and Learns’ at our co-working space (mostly for first home buyers) where we talk about how to set your property strategy, what constitutes an A-grade property, how to vet and then secure it.
Read More36 sleeps till Christmas! Although in real estate, we countdown the number of auction weekends until Christmas, and there’s only 5 of those left for the year! Wow. Where has the year gone??
So with only 5 auction weekends to go before we kick into a new year, let’s take a look at what that means for buyers and potential sellers hoping to transact pre Xmas.
Read MoreIn the age of smashed avo on toast, eco-friendly living and a general vibe among Millenials of wanting freedom in work, life and surroundings (thanks, pandemic), the tiny house revolution is a comin'!
You might have seen the Scandi-minimalist / bohemian-chic imagery of these teeny homes online. Or watched the many sea-change-inspired property shows with couples 'packing it all in' moving out of cities for a rural, nomadic life on a shoestring. But is it a viable investment decision, with a promise of an idyllic lifestyle? Perhaps, but be warned, not all tiny homes are built equal.
Read MoreYou’re looking at buying an investment property and suddenly everyone starts talking about ‘gearing’... negative... positive... neutral... wtf?!
What does it all mean? It’s actually very important you understand the basics of it, if you are investing in property. So let’s investigate.
When it comes to investing, the term 'gearing' refers to borrowing to buy an asset. It is simply a way to describe borrowing to invest. So if you take out a loan to buy a rental property, your investment is said to be geared.
Read More‘How’s the market?’ asks every man and his dog… Our answer usually goes one of two ways, if we want to move things right along the answer is simple, ‘Booming!’
If the person asking, is looking to understand where things are sitting within parameters that actually mean something to them and their property search, or the sale of their property, we pull up a chair…
Read MoreSo, you want the inner city pad for the lifestyle factor and you’ve got under a million bucks to spend… apartment hunting we go!
We love apartments, but some are definitely better than others. In this article we explore some tips on what to look for when buying an A-grade apartment.
Read MoreDo school zones have an effect on housing prices in Melbourne? You bet they do!
Unless you have school-aged children or are planning to have kids in the near future, school zones are unlikely to be high on the priority list when it comes to the criteria for your dream home. However, you could be doing yourself a disservice when it comes to capital growth potential if you’re not taking this into account.
Read MoreHey Victorian investors this one’s for you.
Whilst anything that involves the word tax usually puts everyone to sleep, we’ll try and make this as brief and informative as possible.
Read MoreSo you’ve bought a property, you’re waiting eagerly for settlement to come around. You’ve called the agent or the agent has called you to book in the pre-settlement inspection or final inspection as it’s otherwise known.. What now?
Well a few things to flag right from the outset which a lot of buyers don’t realise that the vendor doesn’t actually have to have the property vacant for this inspection, nor do they have to have the power on.
Read MoreWe recently ran a session with a bunch of savvy business owners and professionals about all things property. We only had half an hour so wanted to note down a few of the takeaways from our presentation for those of you looking to enter the property market;
Read MoreThere is no doubt COVID has changed the way people are working. No longer are businesses demanding employees work 9-5 Monday to Friday from CBD office buildings. Pure joy has spread through the community of commuters who were regularly wasting up to 2hours of their day getting in and out of the office. Saving on parking costs, Myki fees, $28 salads and everything else that comes with it. The flexibility it has created is undeniable, but is this new way of life sustainable and what does it mean for the property market?
Read MoreWhilst we’ve been thrown into another lockdown, virtual/online auctions are back in full swing.. and if you haven’t been swapping Netflix for Zoom Auction action, we wanted to give you a bit of a wrap up of the two very different ends of the spectrum of online auctions you can encounter.
Read MoreFirstly, let us clarify that we are not debating the ‘location, location, location’ catch cry. Our philosophy is to buy the worst house in the best street you can afford. However, that is exactly where a lot of people become unstuck.
When we first sit down with clients, they’re usually wanting to buy a big house in their dream suburb. Unfortunately, more often than not they simply cannot afford both.
Read MoreIn a hot market, it is very easy to start breaking the golden rules when it comes to buying property. One of the biggest mistakes we have seen people make in a rising market is starting to compromise their search and location is usually the first thing people will forgo.
Read MoreReal estate is one of those loosely regulated industries whereas a buyer, it can often feel like absolutely anything goes, because in many aspects… anything goes!
Particularly when it comes to buying property prior to an advertised auction date. There are countless ways agents can manage this and it is completely up to them how they decide to process an acceptable offer prior to auction.
Without a crowd of competing buyers at public auction supporting your idea of the property value, it can be stressful knowing how to play your hand without putting all your cards on the table.
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