23 January 2022
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Buying via private treaty

Sale by private treaty is the most common way of selling property in Australia. So as we have moved full steam ahead into the spring season, I thought I’d settle some misconceptions about private treaty purchasing. Some buyers have a very strong preference for private treaty because they see it as the ‘fairer’ and ‘less […]

One of world's best property markets

On a global scale, Australian real estate provides outstanding value compared to other major international locations. Here you can purchase a waterfront on Sydney Harbour for under $10 million. In New York and London, and even holiday spots like The Hamptons on Long Island and the Côte d'Azur in the South of France, buyers will […]

Population growth keeps prices stable

There’s been some speculation recently on house price ‘bubbles’ and how interest rate rises are going to affect property prices. Of course, our low interest rates are an important aspect and stimulus initiatives like the boost to the First Home Owners Grant have definitely contributed to strong prices. But this concept of a price bubble […]

Essential inspection checklist for buyers

Buyer demand this spring season is incredibly high with thousands of Australians currently devoting every one of their Saturdays to looking for a new home. It’s not uncommon for motivated buyers to inspect 10 or 15 properties a day. Depending on your mindset, this can be fun and exciting or a real chore. Either way, […]

Presenting your property for sale

If you’re selling this spring, one of the best pieces of advice I can give you relates to the presentation of your property. Presentation is a critical part of the selling process as it directly contributes to how buyers feel about your home. Investing a little time and money upfront to get the presentation right […]

The art of negotiation

Many of us feel at a loss when it comes to negotiation, an important skill when buying by private treaty.  This is because we buy property so rarely in our lifetime that it’s virtually impossible to have gained the experience necessary to become a skilful negotiator. While a vendor has their selling agent to negotiate […]

Rents up 30pc, recent declines a blip

Average weekly rents across Australia have risen by 30 per cent or around $95 per week over the past three years – a fantastic boom for investors particularly during the Global Financial Crisis (GFC). Rents are now at historic highs – well above our long term average and they’re likely to remain stable. Although new […]

Choosing an agent

We now have firm indications that a significant amount of new stock is about to hit the market as the busiest selling season of the year gets underway. Internal RP Data figures show spring stock levels will be significantly higher than last year, which is great news following several months of severe shortages. It’s also a clear […]

Market review - spring 2009

We’ve had an unusual winter season with strong buyer demand and a severe shortage of stock resulting in very healthy prices, particularly at auction. But rather than a brief blip on the radar, I suspect it is the beginning of the next growth cycle, the one that property owners have been eagerly awaiting. Spring may […]

Is the GFC losing steam?

We’re now at the beginning of a long period of economic recovery. One of the worst global financial crisis we’ve ever seen is finally losing steam and global markets are definitely stabilising. Australian RBA Governor Glenn Stevens says this may turn out to be a shallower recession than first feared but risks remain, so caution […]

The rise of apartment living

Once considered the Great Australian Dream, the family house on a quarter acre block is no longer everyone’s ultimate property choice. Significant changes in our population profile and lifestyle priorities are feeding a strong trend in apartment living. Today, our lifestyles are vastly different to those of our parents. We’re working longer, starting families much […]

Upper end recovery begins

Australia’s prestige property market is showing signs of recovery as cashed up buyers swoop on discounted properties in our most desirable suburbs. Premium property took a hit last year as the full force of the GFC significantly impacted highly geared professionals, particularly those in the banking and finance sectors. Large job losses and declining wealth […]

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