Changes to property taxes coming if Labor wins the election
Many investors are not fully aware of what changes Labor proposes if they win power on the 18th of May. You need to know how this will affect your portfolio and property buying plans for the future. Labor believes that investors are taking advantage of tax concessions and are inflating property prices whilst competing with […]
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. […]
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 […]
Thornbury is hot!
The Melbourne suburb of Thornbury is hot at the moment. A Thornbury home has recently established a new price record as a renovated four-bedroom period residence sold at auction over the weekend. 13 Shaftesbury Parade sold for $1,945,000 through Nelson Alexander, which was notably higher then when the same address was sold in 2011 for […]
Bought in Collingwood
Bought in Collingwood last weekend by Buyer Solutions on behalf of overseas based clients. The magnificent warehouse refit located at 75 Budd Street met heated bidding and strong, determined opposition under auction conditions. Our Purchase clients intend to rent the property for a period and to move in once they return to Melbourne. The vendors […]
Top 15 Growth Suburbs in Victoria – Some Possible Reasons Why?
Top 15 Growth Suburbs in Victoria – Some Possible Reasons Why? According to REIV median data and the quarterly change in values from December 2012 to March 2013, there has been alot going on in the top 15 growth suburbs in Victoria. Here is a list of suburbs, with the March 2013 median figure, comparing […]