Sunday Blog - Expert property investment insights

RECHARGE & RELOAD YOUR PROPERTY GAME.

..Under-quoting .. when buyers should save their building inspection money for shoes

By Cate Bakos | February 14, 2015

Buyers hate it. Agents do it. Advocates understand it, and some accept it. But how do we cope when our clients are STILL tempted to go to auction under the false hope that they actually have a chance of success when we know that their budget does not match the property value? Recent comparable sales…

…Moonee Ponds

By Cate Bakos | February 8, 2015

The first Saturday of February was the official start to the 2015 auction season and we were prepped to bid on this three bedroom single fronted Victorian property for a client of ours. At first glance, this property is dated and stands out in the street as the one which is in need of some…

…When an Underbidder Becomes the Winner!

By Cate Bakos | January 25, 2015

In the final fortnight to Christmas, Amy bid on an A-grade property for two very special clients of ours. We’d hoped we could secure the property prior to auction, but with the market-shortage of great 2BR boutique, renovated apartments in our targeted locales, we found ourselves not only facing a strong number of competing buyers,…

… a Christmas Eve purchase in Sunshine

By Cate Bakos | January 15, 2015

Our last few days before Christmas were fairly quiet and we took the opportunity to reflect on our year and send Christmas cheer to some of our amazing supporters who had made 2014 so special. But whilst most purchasers (and agents for that matter) were winding down in preparation for the holidays, one of our…

…The Christmas Rush

By Cate Bakos | December 21, 2014

Fifty-Seven Clive St West Footscray went to auction as one of the inner-west’s last scheduled public auctions of the year. Two buyers advocates (including myself) were in attendance and overall there were more than 6 bidders.  I think the auction at 57 Clive St surprised everyone with a result of $874,000.  This is the second…

….Footscray

By Cate Bakos | December 15, 2014

Back in September we met two wonderful new clients who gave us a very exciting brief…. to find a pretty, renovated, low maintenance period property within 7km of the CBD for around $650,000. Did we know it was a tough brief? Yes. Did we think we could find a renovated gem in the inner-west? Definitely.…

….Absolute Waterfront Properties

By Cate Bakos | December 7, 2014

We had the pleasure of working with two adorable clients over what was a slightly longer assignment timeline than ‘normal’. We knew a longer process would be the case because their wishlist was quite specific, and the property was particularly rare. They were hoping to find their dreamhome in Patterson Lakes – with absolute water…

….Raglan St Port Melbourne

By Cate Bakos | November 30, 2014

Port Melbourne as we know it today is a thriving, beautiful beachside mecca only 5km from Melbourne’s CBD. It is home to luxurious shops, high end cafes and restaurants and is one of the states highest median household income suburbs. Interestingly though, Port Melbourne wasn’t always like this. It was one of the cities poorest…

…Thornbury

By Cate Bakos | November 23, 2014

Recently we had the pleasure of assisting two first-time property purchasers who chose to make their first acquisition an investment property. We targeted areas where we felt they could achieve maximum growth, steady rental demand and tame negative cashflow outgoings with their budget of $405,000. We chose Thornbury and Fairfield as suitable target areas, knowing…

Converted Churches… why they are special yet challenging

By Cate Bakos | November 16, 2014

I received a call from a lovely past client on late Friday afternoon. Her friends were planning on bidding at auction for a landmark church, recently renovated and converted into a pair of townhouses, split neatly down the middle of the church and offering a beautiful 3BR interior with suspended bridge hallway in the old…

Eastwood Street, Kensington

By Cate Bakos | November 2, 2014

When prospective clients ask me to help them find a metro asset which can produce a gross rental return of 5% or better, I usually brace myself for a tough assignment. The reason for this is that in most circumstances, finding returns like this usually spell compromise, and I don’t like compromising much when it…

Spotswood – one of Melbourne’s tiniest suburbs

By Cate Bakos | October 31, 2014

This sleepy little suburb is one of the remaining few which offers incredible value to buyers who are looking for period houses within a distance of 6km to the city.   Take this cute Victorian cottage for example; bought last week for $540,000 in arguably one of Spotswood’s best streets. When I first arrived at…

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