SUNDAY BLOG

RECHARGE & RELOAD YOUR PROPERTY GAME.

Cash Rate

Interest rate speculation

By Cate Bakos | November 14, 2021

This week’s blog is delivered following popular demand. Many consumers misunderstand the interest rate news right now, and there are two common elements that are getting confused; interest rate increases: currently only fixed rates, not variable ratesincreased buffer rates, as initiated recently by APRA Back to the first point…. So many people are feeling a…

Mum Helpingm

The best kind of moral support

By Cate Bakos | November 7, 2021

We get to enjoy so many exciting journeys with our clients. Many come to us for assistance because the task of finding a home can feel daunting or overwhelming. A large proportion of our clients are first time buyers, yet even for those who are upgrading, the enormity of the task can often trigger these…

Light Square

Making good decisions

By Cate Bakos | October 31, 2021

I recently listened to a great documentary on ABC National radio’s Ockham’s Razor. A marine science expert, Paul Hardisty spoke about the plight of saving the Great Barrier Reef. “Every day we make hundreds of choices, big and small, that build to become the story of our lives – the friends we make, the careers…

Tarneit

What the MCG Rental Loss Index tells investors

By Cate Bakos | October 24, 2021

Every few weeks I chat with an industry buddy, quantity surveyor – Mike Mortlock. We enjoy analysing data; and more so, I like distilling the numbers with Mike and shedding light on what’s happening at the coal face to trigger the data that he’s produced. Mike is an industry thought leader who has recently produced…

Leafy Front Door

Off-market buys: why there are *less* good opportunities Melbourne right now

By Cate Bakos | October 17, 2021

I’ve written a lot about off-market properties because they are a popular, but often misunderstood concept. Selling agents sometimes mislabel them, a lot of buyer’s agents use them in their advertising spiel, and plenty of buyers fall prey to non-quality or over-priced off-markets. It’s unfair, though to suggest that there aren’t some great off-market opportunities…

Melbourne Map

Our market movement

By Cate Bakos | October 10, 2021

The recent CoreLogic report is a sobering reminder to buyers who are tackling a purchase effort in the vast majority of our capital (and regional) cities around the nation. Although it’s hard to fathom for many, we do have to take stock of the rate of market movement when assessing a likely sale price of…

September Growth

MacroPru: What is it?

By Cate Bakos | October 3, 2021

Since the GFC, this term has become a well-worn one in banking and finance circles, but so few understand what it really means, and why it’s become so important. Recent news articles in this past week suggest that it will strike again, and some commentators, agents and investors alike are mindful of macro-prudential measures being…

Sofa

Six things to ask yourself before you sign that contract

By Cate Bakos | September 26, 2021

In this energetic, fast-paced seller’s market, peppered with lockdown restrictions and sudden announcements, many buyers are acting impulsively, and some are acting irrationallly. Whether it be time constraints, a huge dose of FOMO, or sheer fatigue, buying a property deserves a thoughtful approach. More now than ever before, we’ve seen and heard of some impractical…

Cheque

Paying the deposit

By Cate Bakos | September 19, 2021

As well understood as a deposit is, it’s not uncommon for deposit payments to be a cause of confusion, (and sometimes concern). As with any significant commercial transaction, any executed contract must be accompanied by a consideration. A consideration is merely a part payment, (usually a small portion of the desired deposit payment). In previous…

Economics Tile

Real Estate and Behavioural Economics

By Cate Bakos | September 12, 2021

I recently listened to Professor Richard Thaler speak on the ABC about his work in the field of economics. In 2017, Thaler was awarded a Nobel prize in his field for his work on Behavioural Economics and his work has been instrumental in government policy, retail, health, and many other applications. What intrigued me when…

Square Vista

Right-sizing… doing it right

By Cate Bakos | September 5, 2021

We often work with down-sizers… empty nesters… or more commonly termed “right-sizers”. Typically this demographic is older, the kids have moved out long ago and their focus is on lifestyle. Specifically, they are determined to introduce more convenience, less maintenance and increased pedestrian amenity to their life. The term “right-sizer” refers to a growing number…

Victorian Inverted

Two bedroom cottages in Melbourne

By Cate Bakos | August 29, 2021

Melbourne’s inner 10km radius suburbs boast many beautiful properties; specifically turn-of-the-century worker’s cottages within the suburbs closer to the CBD. Back in the late 1800’s our inner suburbs were not necessarily home to the wealthy. Our more affluent families sought their family homes on larger blocks in the likes of Malvern, Armadale and some of…

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