Buyer Beware – What You Need to Know About Garage Conversions
Buyer Beware – What You Need to Know About Garage Conversions By Janet Spencer Converting a garage into a room can be a great way of adding value to your property and getting extra space for an additional bedroom, living space or study or playroom. But, before you rush into it here are a few […]
Buyer Solutions scores 99.36% for customer satisfaction
We are very pleased to announce that Buyer Solutions scores 99.36% for customer satisfaction in 2019. The judging process for the 2019 Australian Achiever Awards for Australia’s Real Estate Services category was completed on 12th of June and Buyer Solutions scored a highly recommended 99.36%. Now into its twenty-second year, the Australian Achiever Awards are […]
Change of loan serviceability rules is great news for borrowers
The recent announcement by Australian Prudential Regulation Authority (APRA) of the change of loan serviceability rules is great news for borrowers. Combined with the defeat of Labor’s negative gearing reforms and the Morrison government’s scheme to help first-time buyers, analysts have begun tipping an end to property price falls across Sydney and Melbourne. Since 2014, […]
REIV Residential Market Index May Update
About the RMX The REIV Residential Market Index (RMX) is a residential property price index (RPPI) designed to provide a current, simple insight into real property price trends in Victoria. An RPPI measures the price change of the stock of residential dwellings over time. The Residential Market Index (RMX) provides an accessible weekly guide to […]
Trick or Treat? Melbourne Property Market Now
Trick or Treat? Melbourne property market now is offering both. Patchy, erratic and all over the place. Just the way we like it at Buyer Solutions and not at all what we have come to expect in the raging market conditions that prevailed in 2016 and 2017. Property buyers could find this confusing and comments […]
No ‘Bricks and Slaughter’ in Hawthorn
I need to speak on the recent article by 60 Minutes entitled Bricks and Slaughter. Personally, I think it made incorrect generalizations about the future of the property market. In fact, other media outlets share our view. The property market moves at different speeds at different times depending on what and where you are buying. […]
Why did a property sell 50% above the quote range?
Why did a property sell 50% above the quote range? Special value to a special buyer? Buyer Solutions team inspected a villa unit in Balwyn North last month in Corhampton Road. It was an unrenovated, modest unit with some good attributes. The client we were working for at that time didn’t wish to renovate and […]
Rent fair? Changes are coming to the Residential Tenancies Act in Victoria
Rent fair? Changes are coming to the Residential Tenancies Act in Victoria. Parliament voted through these changes late on the 6th of September, 2018. So tenants, landlords and property managers get ready for 130 changes that will affect your relationships going forward. At the latest, this will be introduced in July, 2020 but I expect […]
Investing in property – capital growth or high yield?
Property investors need to ask “What’s more important when investing in property, capital growth or high yield?” Goal 1 – to create wealth – you need Capital Growth As an investor, personally I favor capital growth oriented assets. I want my investments to go up over time. My expectation is that an investment property should […]
Buyer Solutions Finalists in the Australian Small Business Awards 2018
Announcing Buyer Solutions finalists in the Australian Small Business Awards 2018 in the Champion Real Estate Agency category. Of the eighteen finalists, Buyer Solutions was the only agency from Victoria in the national list. This is the largest awards program for small business in Australia. “The Small Business Champion Awards is a celebration of small business […]