The Importance of a Criteria List

Posted / Filed under Sunday Blog.

Recently we had the pleasure of working with a lovely guy who was searching for his first home. He’d been looking for a while, but made the decision to enlist some professional help because he was ultra time-poor and felt a bit out of his depth when establishing correct pricing. Home buyers source the help of… Read more »

The Agent’s *RULES*

Posted / Filed under Sunday Blog.

There is no doubt we find ourselves in a  tough buying climate (technically referred to as a Seller’s Market and characterised by demand outpacing supply, and defined by the auction clearance rate figures being above 65%). Auction success for most buyers is threatened by heated bidding, crazy budgets, and desperate buyers.  It is little wonder that buyers… Read more »

Beautiful Black Rock

Posted / Filed under Sunday Blog.

Some assignments go down in history as being particularly memorable for good reasons. Sometimes the journey is a long one with a fantastic reward at the end, and often our clients are an absolute delight to work with from the minute we commence our search. This assignment was both. Back in October we commenced our… Read more »

The perfect investment for time poor investors

Posted / Filed under Sunday Blog.

by Amy Mylius One of the best things about an ‘off market’ property is that it hasn’t had the exposure of online advertising and a five week auction campaign with dozens of buyers walking through the door. One of the worst things about this type of property is that the vendor hasn’t committed to any marketing expenses… Read more »

Is the Quest for 100% Costing You In a Moving Market?

Posted / Filed under Sunday Blog.

We enjoy our home-finder briefs, but the process is enormously different to our investor briefs  at the strategy phase.We don’t look at metrics, nor do we cover off rental yields or vacancy rates. We just  focus on two segments, but they are often complex, difficult and confronting for buyers.  These two critical steps upon commencement… Read more »

Houses vs Units.. and where do Townhouses fit?

Posted / Filed under Sunday Blog.

Our auction bidding list this weekend featured a combination of houses and units…. units of varying style and size, but well-located, beautifully proportioned and enticing for tenants and home-buyers alike. Sadly for two particular clients, their hard work, patience and due diligence didn’t pay off yesterday and we were mildly surprised by the strength of… Read more »

The importance of understanding cashflow

Posted / Filed under Sunday Blog.

This week we have had the pleasure of working with a mixed array of client briefs; from home-finders to investors. Not unlike other weeks, our investor assignments have all been unique and our metrics we’ve targeted have been engineered based on cashflow. Many investors assume that investing is all about capital growth, but there are other… Read more »

Investing in Ardeer…

Posted / Filed under Sunday Blog.

One of our first purchases of the year was for a young investor-client with a budget of circa $600,000. When we started our journey in late 2016 our strategy focused on well located townhouses whilst concurrently keeping our eye out for opportunities in Sunshine and surrounds for houses on full blocks. Not surprisingly, the median… Read more »

The Potential Cost of Social Proof

Posted / Filed under Sunday Blog.

Yesterday’s 11am auction at Yarraville’s Free Street was our first official auction bidding assignment for the year. The three bedroom, modernised old house in the heart of the Yarraville Village on this quiet and hidden away little dead-end street had caught our client’s eye for more than one good reason. The proximity to work, generous… Read more »

How to prevent value-adding turning into over-capitalising…

Posted / Filed under Sunday Blog.

Back in October I had the pleasure of working with a fantastic duo who had targeted Brunswick houses with possibilities and potential for their investment strategy. Aside from their sheer drive and energy, their draw card was their professional experience; accounting and drafting. Being able to look into the possibilities, consider design options, understanding town… Read more »