‘Out of the ordinary’ properties often sell with unpredictability
We were engaged by a lovely couple to help them acquire a property which was due to be auctioned this weekend just gone. They had fallen in love with a property which was particularly unique and in a very popular location, so we quickly geared up for due diligence and auction preparation. The property they…
Exploring St Albans…
Yesterday was a significant day for two of our lovely investor couples, and an exciting afternoon for us. Both secured their properties under the hammer on the same day, in the same suburb. One couple’s strategy was based on locating a property offering a strong combination of growth and rental yield within a gentrifying, metro growth suburb…
Special “Sight-Unseen” Ex-Pat Home Assignments
Every now and then we get the privilege of assisting clients who are based overseas with the acquisition of their return-to-Australia home. It’s an assignment based on trust, patience, and collaboration. Unlike a local-home-finder who can share in the inspection process and give feedback after an actual visit, overseas-based ex-pats rely on our ability to tap…
What is it about period houses that makes them so special?
They are usually over a hundred years old. Sometimes they need re-stumping. They cost a lot more to maintain, and they can’t easily be changed or redeveloped. Many don’t cater for cars being off-street. Worse yet, they don’t offer particularly strong rental yields. So why would any investor want one? Period properties in the right locations are often…
Why Off-Markets are Challenging
We are often asked about off-market properties by prospective buyers. There is little surprise that these types of sales are made available to advocates based on our market reach and agent relationships. But there is one other strong reason why advocates partake in these types of sales more than a regular buyer. They can be challenging.…
Extroardinary and Unusual Properties are Often Unpredictable at Auction
As we transition from Winter into Spring, a lot will change on the Melbourne Real Estate landscape. Listing numbers will increase, relative buyer-to-seller ratios will decrease, and competition will feel a little less fierce in the popular inner and middle-ring pockets. Mainstream homes with strong owner-occupier appeal seem to be selling week on week for…
Revelling in Richmond
We had an exciting brief for a Victorian cottage located in a quiet street within what is otherwise a very vibrant area. Our client’s Melbourne office is based in Richmond and the criteria was interesting. We were instructed to find a two or three bedroom cottage within walking or cycling distance of the office, boasting…
Our off-market Californian Bungalow in Coburg
Last week we were alerted to a Californian Bungalow in Coburg’s Donne Street which caught our attention. On some 300sqm of land, boasting a beautiful floor plan and great neighbourhood, our biggest challenge was gleaning enough details to send to our interstate investors who would need to be able to make a swift decision if…
Fascinating Fairfield..
Yesterday on the still, crisp winter’s day at Gillies St Fairfield, the crowd milled in anticipation outside the gorgeous three bedroom, period styled co-joined cottage. Houses like this are often termed “crowd-pleasers” by us, because they have broad owner-occupier appeal based on a third bedroom, generous rear courtyard and great open-plan living area. From couples…
Sparkling Seddon… a feast of Victorian-era beauties
Selecting an out-performance property takes a lot of facets into account. From cashflow considerations to capital growth drivers, quality of tenant and amenities to name a few. Diving a little deeper and looking carefully at the demographic make up, any changes in this data, and the rate of change can give way to some really exciting discoveries.…
A Late Off-Market Twist…
A recent adventure with two investor clients took us on a trail in Melbourne’s inner west. We were on the hunt for a period two bedroom property in a pretty street offering easy accessibility to rail and cafes. The biggest challenge we faced throughout our quest were the competing buyers out there; home-finders, investors, and other…
The Battle for the Brunswick Converted Church
Yesterday was a busy auction day for us. After a strange few weekends either side of the election, Saturday 16th July delivered some strong results in the tightly held inner ring suburbs, and we certainly felt the brunt of the energetic bidders out there. One of the few we missed included this stunning church conversion…
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