BY Mal James 24th May 2008
There are a myriad of questions and issues to consider when thinking about moving from the prized family home with the typical Aussie large back yard to the more confined spaces offered by the alternative style of apartments or warehouse conversions. From a longer term investment viewpoint, we [...]
BY Mal James 24th May 2008
Negotiation Practice 101…
Hello Buyers,
Hope your house hunting is going well.
Over the coming weeks you may well notice stock numbers dropping dramatically. There are two reasons for this; we are heading into winter which traditionally is a quieter time of year (some vendors don’t like to sell at this [...]
BY Adam Woledge 17th May 2008
In my travels I look at many, many houses and when you see a good one, it really stands out. No. 4 Talofa Street Brighton East is a good example, and if not sold prior to will be auctioned by Buxton’s on June 14 at 11.30am.
This house [...]
BY Mal James 17th May 2008
Buying at Auction or Private Sale.
Hello Buyers,
Throughout the searching process you will look at properties that are being auctioned and others that for private sale. It is important for you to know, there are differences between the two sale options.
Auction Properties
Auctions are ‘unconditional’ this means as a buyer you [...]
BY Mal James 17th May 2008
OFF MARKET – QUIET SALES – In our comments we feel it important to respect privacy hence some of our vagueness.
Current Off Markets and Quiet Sales that we feel are genuinely for sale over $1m
Booroondara – 8
Stonnington – 4
Bayside – 5
Port Phillip – 2
Glen Eira – 1
Other Councils – 3
In the [...]
BY Mal James 3rd May 2008
Successful investing is about one thing – growth. In property investing, the cash flow needs to be affordable and make sense. Capital growth as the main driver or cornerstone.
So how does growth work? Quite simply, growth comes from price increases, fueled by supply and demand, over long [...]
BY Adam Woledge 3rd May 2008
There is an old saying in real estate, don’t buy the best house in the street and in particular the best house in an average street.
14 Forbes Street Essendon is a wonderful home and achieves a very high rating of 781, however one underlying thing lets this down [...]
BY Mal James 2nd May 2008
Hello Buyers,
This is the fun part of purchasing your new home!
You will need your favorite searching ‘tool’ e.g the Internet, newspapers, real estate magazines ( not ‘Wheels’ or ‘Marie Claire’ ) and a knowledgeable real estate agent.
The bulk of new property is downloaded onto the internet midweek and some is also available in publications such [...]
BY Mal James 26th April 2008
When talking to prospective investors, the most asked question is where to buy. Probably half of our investor clients like to know the area they are investing in; it just gives them some comfort and if the numbers stack up, they prefer the devil they know versus the [...]
BY Mal James 26th April 2008
Not much to report on the auction front this weekend due to the Anzac Long Weekend. There were some strong results for good properties particularly bayside in Hampton and Sandringham. For example 2 Ocean Street, Hampton click here for rating. The home was fully renovated in a fantastic [...]
BY Mal James 19th April 2008
When considering an investment property, one of the most important tasks we undertake is an analysis of what is likely to happen to your cash flow over a long period. Unless you have the money sitting in the bank (and assuming that most people don’t), owning a second [...]
BY Adam Woledge 19th April 2008
Over recent weeks we have observed that the residential property market has softened. Whilst many properties are passed in, the really good ones seem to fly and continue to sell beyond the reserve price.
On the weekend 18 Alexandra Avenue Canterbury was auctioned. It ticked all the boxes – good land size (around 8500 sq. feet), [...]
BY Mal James 19th April 2008
Like all good Boy Scouts and Girl Guides it’s important to be prepared. Before you start scouring through agent websites and trudging through open for inspections in search of your dream home, please complete the following, after all you are about to spend a very large sum of money!
You must have the following in place;
Firstly, [...]
BY Mal James 12th April 2008
A lot of clients ask for advice on spreading their portfolio; not unlike the concept of spreading your investments in the share market to protect you from highs and lows of stock market performance. In our experience, property, when bought well, works a little differently.
This is how I [...]
BY Adam Woledge 12th April 2008
Renovations can sometimes go wrong in places and be ill considered.
A living example of this currently up for sale at 25 Cowper Street Brighton. A lovely period style home with a lot going for it – i.e. great street, north facing rear, generous off street parking, ornate period details [...]
BY Mal James 12th April 2008
Dear Buyer’s – What are you waiting for?
The market is in your favour and prices have softened. So why aren’t you taking advantage of the great buying opportunities out there?
Over the weekend I was astonished to see a number of good 1st and 2nd home buyer properties pass in at [...]