The Plight of the First Home Buyer

Posted / Filed under Sunday Blog.

This year we’ve been able to be a part of quite a few First Home Buyer purchases and particularly of late. With the introduction of the full Stamp Duty Concession for purchases under $600,000 since July 1 2017, this contingent has been a powerful force in the metro markets. Aside from dealing with inexperience, competitive… Read more »

Only five property weekends remaining for 2017

Posted / Filed under Sunday Blog.

With only five auction weekends remaining for 2017 we are preparing our clients for the pre-Christmas buying conditions. Unlike previous months we are currently seeing higher levels of stock on the market and we can anticipate some vendor and agent-driven subtle changes that are hallmarks of the approaching Festive Season. Most vendors facing a late… Read more »

Suburb Alert: Rippleside 3215

Posted / Filed under Sunday Blog.

A suburb wedged between two parks, boasting stunning Victorian and Edwardian era homes just 2.5km from Geelong’s city centre with beach access is one of our favourite underrated suburbs of 2017. Rippleside is one of Geelong’s tiniest suburbs; with less than 500 inhabitants and a mere ~200 homes gracing its pretty streets. Nestled between even-tinier Drumcondra… Read more »

South Kingsville… our Inner-West’s Smallest Suburb

Posted / Filed under Sunday Blog.

Our most recent acquisition was a special one indeed. A dear client who had moved down to Melbourne from Queensland had set her sights on the inner-west. We were engaged to help find her new home; preferably a modern townhouse with room for visitors, her two cats and she was keen for us to identify… Read more »

Bell curves and probability…

Posted / Filed under Sunday Blog.

Property prices can be hard to predict sometimes. Outcomes don’t always go to plan and there will always be the surprise results that we call anomalies. Every time we meet a home buyer and commence the assignment with our new client we discuss the need for our assignment to  focus on areas and dwelling types… Read more »

The Power of a Plan B

Posted / Filed under Property News and Media, Sunday Blog.

We often see buyers set their sights on a property they love. The excitement, the anticipation and the build up to auction day can be exhausting, and the fear of disappointment can really bite as the auction date closes in. We always continue the search, no matter how suitable the property may seem. We provision… Read more »

Sea Change in Belmont, Geelong

Posted / Filed under Sunday Blog.

What are some of the options for First Home Buyers with a circa-$500,000 budget when they ideally want a character house, a nice sized backyard and proximity to cafes, train and shops? Geelong…. just 75km from Melbourne, 55 minutes’ drive on the freeway and an easy train ride into Southern Cross Station. Our most recent… Read more »

Asking the right questions

Posted / Filed under Sunday Blog.

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… Read more »

Geelong’s Growth Story

Posted / Filed under Sunday Blog.

Properties consistently selling 15-20% over reserve, heated auctions, high clearance rates…. and a bit of buyer heartache. This isn’t what some would have assumed about Geelong if they’d been profiled when sentiment was down after the Ford Plant closure, but things are looking up for the City by the Bay… the Land of the Cats…… Read more »

Land size.. or land value?

Posted / Filed under Sunday Blog.

A very common myth we continually bust is the idea that large landsize trumps smaller (and even subdivided) blocks. Of course, when land values per square meter are equal and the land is not affected by easements, restrictions or covenants, the larger parcel will always be preferred.  But how do we decide which property will… Read more »