Foreign investment targeting Melbourne’s fringe
Land on Melbourne’s fringe is being rezoned from farmland to residential in an attempt to address Melbourne’s housing affordability yet a recent The Age article uncovered that developers are still looking overseas to attract buyers. The Labor government rezoned and released land as they saw this as the only solutions to the housing shortage and […]
Buying new and off the plan
As a professional buyers agent, I regularly receive offers from local property developers and real estate agents for recently released new or off the plan properties. I recently received this offer via email and it provides a good example of the types of inducements that are used to encourage unsuspecting property buyers into a property […]
Buyer Beware! Illegally erected dwellings
Buyer beware illegally erected dwellings can be a major problem. Recently we conducted research on a property being promoted by the selling agent as a habitable 5 bedroom property, In fact there were two bedroom and a study in the original house at the front of the property and two more bedrooms in a fully […]
Renovating to improve returns
Renovating to improve returns is something landlords and property investors need to consider in Melbourne’s competitive rental market. You want a good tenant and one who will want to lease and look after your property. Landlords often think only in terms of how much rent per week their investment can provide. We encourage Buyer Solutions […]
Balwyn falling
Balwyn falling, yes it is. House prices are certainly falling and they have done so very quickly in Balwyn. I believe that last weekend there were around 31 auctions in Balwyn and only 6 houses sold. This is a major change in buyer sentiment. Back in April 2015, land could achieve around $3000 per square […]
Is your buyer’s agent REBAA accredited?
Is your buyer’s agent REBAA accredited? The real estate industry has always attracted its fair share of ‘shonky’ selling agents but it’s disappointing to see operators who are now promoting themselves under the guise of being a legitimate ‘buyer’s agent’ taking advantage of innocent buyers. Buyer’s agents are licensed professionals who specialise in searching, locating, […]
Buyer beware – Don’t Overpay for Property
Buyer beware- Don’t Overpay for Property At Buyer Solutions we are sending a message to investors and home buyers loudly “buyer beware don’t overpay for property”. Just because interest rates are low and you want to buy a property, don’t just jump in and buy without doing proper research. The bank manager might say you […]
Overseas property investor buys the prize with Buyer Solutions
Our overseas property investor buys the prize with Buyer Solutions representation on the 14th of February at a competitive auction in the Melbourne suburb of Fairfield. This is what Katia had to say after the auction…….. “It’s not easy to buy a property, but when you are overseas with a huge time difference, the effort is […]
Self Funded Retirees are Feeling the Squeeze
Self Funded Retirees are Feeling the Squeeze Self funded retirees are feeling the squeeze at the moment with interest rates falling. If they have the bulk of their money in the bank or short term investment deposits the returns are low and getting lower. The Reserve Bank of Australia lowered the official cash rate on […]
Buying Well Versus Just Buying in Melbourne
Buying Well Versus Just Buying in Melbourne Buying well versus just buying in Thornbury, Melbourne proved a challenge but Buyer Solutions were up for the work involved. Located in the inner north, Thornbury is a diverse, buzzy and busy suburb. With great public transport access, shops dotted along High Street and a great selection of primary schools, […]