A recent article published on realestate.com revealed an alarming trend. One in four Melbourne landlords have sold an investment property in the last year, leaving Melbourne ranked as the second worst capital city to invest in property. While the trend is nationwide, only Hobart beats Melbourne for the bottom spot, as an estimated 217,000 properties have been sold by investors …
The Great Escape – Would You Do It?
Where would you choose to live if work commitments didn’t influence your decision? One of the positives to come out of covid-19 has been increased flexibility in the workplace allowing permanent hybrid or work from home arrangements, with a significant flow-on effect in the housing market. The subsequent impact of changing business models on the housing industry saw an increase in the number …
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Victoria’s Housing Reforms – The Good, The Bad And The Ugly
Last month the Andrews government released their long-awaited housing reform policies. The good news? The government is doing something to accommodate the housing shortage and the lack of rental accommodation as well as affordable housing. The bad news is that many experts doubt the efficacy of the proposed changes and the news could even turn ugly if the proposed strategies …
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Go Hard or Go Home, Say Melbourne’s First Home Buyers
PropTrack data analysts recently assessed the 20 top suburbs around the country that attracted the most email enquiries from first home buyers. The analysis of email enquiries by first home buyers to agents on realestate.com.au during August showed that first home buyers around the country were most interested in units in the Melbourne CBD, followed by Parramatta in Sydney and …
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Spring Home Trends Not To Be Sneezed At!
What’s your favourite season? We enjoy the cosy glow of toasty fires and cheeky red wines but we’re glad when winter comes to an end. And while we love outdoor dining in summertime and the taste of a refreshing G&T, we soon start complaining about unrelenting summer heat. That's when we start looking forward to the cooler temperatures again, and the vibrant hues of autumn …
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Rising House Prices – When Will They Hit The Roof?
According to the PropTrack Home Price Index, national property prices rose again for the eighth straight month in August. Fueled by a housing shortfall and increased overseas migration, cities such as Brisbane, Adelaide and Perth along with regional Queensland and South Australia saw new record high property prices. In Melbourne, prices rose a modest 0.15% in August while the rest of …
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Powerful First Impressions: Do They Really Matter?
Do first impressions matter? 100% they do, especially when you're selling a property! Imagine being introduced to someone new and their clothes are stained, their face is dirty and their hair is long and lanky. Their glasses are broken and cobbled together with tape, and they're carrying a stinky bag of household rubbish. Are you diving in to shake their hand with enthusiasm? Maybe not. …
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Home Buying vs Online Dating. Which is Harder?
If you had to choose, which would you rather do - home buying or online dating? Actually, if you compare the pair you'll find both experiences surprisingly similar. They each begin with browsing the internet, searching for 'the one' that catches your eye and sets your heart a-flutter from the get-go. When you finally discover an initial attraction that gets your toes tingling, the next …
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Why Are Home Buyers and Sellers Now Feeling Less Stressed?
If you've been searching for a home to buy in recent months you may have been frustrated by the lack of stock. Home owners probably don't need to be told that market uncertainty has been established as the leading cause of low sales volumes. Naturally, when the future looks uncertain and our financial security is threatened, we hunker down and play it safe until we can see some positivity …
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Home Staging – Why We Love It AND Hate It
Home staging, also known as property styling, is a property marketing concept that has become increasingly popular in recent years. Styling a property for sale makes sense. Just as you might have your car detailed before selling it, your home should also be shown in its best possible light. In fact, home staging is fast becoming a marketing tool as effective and important as photos, videos and …
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