Having trouble with private sales?
Are you having trouble with private sales? The market is rough out there for the inexperienced buyer. Numbers of private sales are increasing and auctions decreasing in 2018. According to the REIV last weekend there where 886 auctions held. The same time last year there where 932. Also, clearance rates at auctions have dropped from 72% same […]
Construction coming next door?
When buying a property you should find out whether there is construction coming next door or in the immediate area. This could impact you if you are moving in. It could also impact tenants if you are an investor. Often whilst projects are underway, the area is disrupted. Traffic in the area can be increased […]
Property Update at North Melbourne Football Club
This week we were invited to be part of a panel discussion at the North Melbourne Football Club to examine how real estate plays a part in overall financial fitness. The audience was made up of players and staff looking to educate themselves on what the benefits of owning good property are and how to invest in […]
Should you let a selling agent bid for you at auction?
Auction advice for property buyers from Buyer Solutions Last Saturday Buyer Solutions was bidding at an auction for our investor client in Melbourne’s eastern suburb of Forest Hill. The auctioneer took centre stage and three of his colleagues placed themselves amongst the bidders to assist buyers in attendance. From the buyers perspective is this a […]
Impulsive Property Buying – What Can Go Wrong?
Impulsive Property Buying – What Can Go Wrong? If you’re in the market for a property or just have an interest in real estate you’ve probably been to an auction. Tensions are high, adrenaline is pumping, serious bidders are eyeing off their competition and vendors are nervously lurking about in anticipation. Auctions are dramatic spectacles […]
Will stamp duty changes mean more homebuyers buy off the plan?- Buyer Beware
Changes to stamp duty rates from the 1st of July, 2017 will impact the property market in my opinion. From that date forward home buyers are being tempted into the off the plan market by reductions in stamp duty payable that will not apply for investors. Investors will no longer benefit from reduced stamp duty […]
Great morning with colleagues from Brisbane
I spent the morning today with Maddyson and Zoran Solano from Hot Property Buyers Agency and Hot Property Management based in Brisbane. We are both members of REBAA and Zoran is the Queensland State Representative and I am the Victorian State Representative. As you can imagine, Melbourne coffee fuelled active conversation on REBAA and the […]
What are people looking for on realestate.com.au?
We all know how tight the competition is for quality properties in Melbourne and there is no sign of this changing any time soon. Here are a few statistics from realestate.com.au that may help you understand the property landscape a little clearer. Based on the number of clicks per online listing, Melbourne has the country’s […]
Buying better with Buyer Solutions
Buyer Solutions bought on prestigious St Kilda Hill last weekend. Interestingly, in this tightly held pocket of Melbourne real estate, two almost identical Art Deco style one bedroom properties were offered for public auction only two hours apart. The first without car parking sold first at 11 am for $530,000. The second had car parking and […]
Should you rentvest?
Should you rentvest? If you can afford to buy a property and you actually buy the right property, then the team at Buyer Solutions say “Yes”. Many renters live in top quality locations with lots of amenity nearby. They value proximity to shops, bars, restaurants, transport, parks, schools, hosptals and a high “walk score” all […]