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We’re not feeling what the media are reporting

By Cate Bakos | January 29, 2023

The title may sound surprising, but this isn’t the first time our coal face has felt quite different to what’s being reported. Sometimes data is lagged and the pace of change isn’t yet showing in the data, but this time is a little bit different. Our supply and demand ratio is lower than past months,…

3 Quirkiest Auctions

Our three quirkiest auctions

By Cate Bakos | January 22, 2023

This fun retrospective recalls three of the quirkiest auctions I’ve experienced in my career in real estate

Phone Square

How much should you tell the agent?

By Cate Bakos | January 15, 2023

There is a fine line between telling a selling agent too much information and providing enough information to optimise your property search success. So, how much is too much? And how do buyers often get it wrong?

City Pic

Melbourne city apartment outperformance

By Cate Bakos | January 8, 2023

This week’s #catesunday blog explores the underlying and growing demand for a dwelling type that has historically underperformed.

2022 Bag

Our *unusual* year that was 2022

By Cate Bakos | December 31, 2022

There is no doubt about it… .2022 has been one of the most unusual years we’ve experienced in a long time, and that’s saying something since the craziness of 2020 and 2021. However, five key things have enabled me to categorise 2022 as one of our most unusual. As we head into 2023, there is…

Older Couple

Emotional vendors

By Cate Bakos | December 18, 2022

Emotional vendors often discriminate. For the lucky winner who has the successful offer, they may or may not realise the weight of the favourable treatment, but for the one who missed out, the loss can feel particularly frustrating. Over two decades I’ve seen countless examples of this and I’ve aided buyers put their most favourable…

Cate Square 10 Dec

The last burst of 2022

By Cate Bakos | December 11, 2022

This spring has officially been labelled as one of our most underwhelming spring markets in terms of available stock. The most surprising statistic I’ve seen makes a lot of sense when I correlate it to my coal face experience, but nevertheless, it’s still startling. It’s little wonder that July was the busiest month this year…

Uday Mittal

The voices in our head

By Cate Bakos | December 2, 2022

Having worked in this industry with buyers since 2003, and having bought my first home back in the 1990’s, I’m familiar with the ways human psychology can rain on a property buyer’s parade. Psychological-induced worries can strike when we’re least expecting it, and it can cast a spell in all kinds of ways. These days,…

Auction Face

Which property segments are good buying?

By Cate Bakos | November 27, 2022

The media would have us all believing that the entire property market is in dire straits right now, but the truth is the median price shift nationally has not been as significant as portrayed. As shown below in this CoreLogic chart, the annualised national change year on year is less than one percent. Granted, the…

Cate Square

Two smaller properties, or one larger one?

By Cate Bakos | November 20, 2022

I get this question so often. An investor has, (let’s say) a $1,200,000 budget. They schedule an appointment to chat about their options and their strategy, and part the way through, the question pops up. Or, perhaps they as the question up front. Either way, it’s clear that they don’t yet have a strategy and…

Auction Adrian

Where has our spring market gone?

By Cate Bakos | November 13, 2022

This year’s spring in Melbourne is distinctly different to past years’. Our listing and sales volumes are down significantly and our auction clearance rates are no longer signalling seller’s market conditions. Last year’s heady clearance rates coincided with large stock volumes. Melbourne’s eternal lockdown was finally over and vendors were keen to sell prior to…

Eric And Shelley Square

What differentiates buyers markets from sellers markets?

By Cate Bakos | November 6, 2022

Earlier this year I penned a piece about 2022’s buyers, and how they were different from those who tackled the heady rush of the COVID-market boom. For many, the focus shifted dramatically from “just get it” to “I’ll take my time to buy carefully and I’ll apply scrutiny”. Now that interest rate rises are upon…

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