Sunday Blog

Closed tender sales campaigns have a few different descriptors. Some agents coin their campaigns “Expressions of Interest”, or EOI. Others refer to the method as “best and highest”. Buyers often dread this method of sale because it usually lacks transparency. In an industry of wide distrust, buyers are already cautious about the offer process and…

For over two years now, I haven’t been able to write about property market growth in my home state. Victoria’s property performance has been static at best, with small losses incrementally recorded for many of the months during this period. This table below showcases Melbourne’s (and regional Victoria’s) lacklustre performance since consecutive interest rate increases…

We’ve been purchasing property in Kensington for our clients for over fifteen years. Kensington is a special suburb, revered for it’s friendly community and recognised for it’s fabulous, inner-urban soul. Once home to abattoirs and livestock sale yards and an army ordnance depot, Kensington has transformed to a thriving village with an eclectic mix of…

Whether buying an investment property or a home, it’s the non-negotiables that are the most important. When we commence an assignment with our clients, we place a heavy focus on the strategy component at the commencement. We map out the criteria and separate them into “must-have’s” and “nice to haves”. In every case, our “must-haves”…

Over the past year, we have had an increased number of interstate buyers purchasing property in Melbourne. This trend hasn’t only been observed by our business. Anecdotally, other buyer’s agents and selling agents have reported a similar observation. Both investors and owner occupiers from interstate have decided to circle Melbourne as a city to purchase…

Fourteen years ago I helped my first Yarraville clients purchase a beautiful house in the local village. I was familiar with Yarraville somewhat, as I’d worked for a chemical giant previously with a petrochemical facility on Francis St. I was entranced by the village character though. It was diametrically opposing my memory of the suburb’s…

Victoria’s performance has been lacklustre these past couple of years. It’s not surprising that people have compared the property market to the share market and asked themselves this question. According to Core Logic, “When accounting for both capital gains and rental income, housing offered a total return of 8.3% over the 2024 calendar year. This…

This is one of the questions we often field. Is one significant property better, or is spreading the risk with multiple smaller properties more optimal? Firstly, let’s explore the reasons behind this question for many investors. Some like the idea of a property portfolio that they can count on two hands. We often hear people…

I am often asked by prospective purchasers, “Can an agent do that?” when they have had a disappointing outcome in a pre-auction or negotiation situation. The reality may surprise some. Agents are bound by auction rules, but negotiation and pre-auction scenarios are quite different. When imbalance in our market conditions strike, campaigns are more likely…

People often ask me how I found out information about a sale. When it comes to negotiation or auction bidding, our job is to establish the facts, read the play, and execute the best strategy with the right tactics. It shouldn’t come as a surprise when we know roughly, (or exactly) where a reserve price…