With the constant inflation and high-interest rates in Australia this year, many aspiring homebuyers are turning sceptical as to whether they should purchase a property in the current cooling market or play a waiting game until the economy shows stability again. In real estate, situations change like the seasons, and
The lag effect is the potential ineffectiveness of fiscal policy due to the time it takes to recognise an issue, implement the appropriate approach, and affect the economy. The March 2022 qtr inflation data highlighted a 5.1% figure that shocked many and led to the Reserve Bank of Australia raising
Whenever house hunting for our buyer advocate clients, we put a lot of things into account. Majority of buyers want to be close to cafes, parks, and public transport. Whilst families want a property in a sought after school zone close to parks, playgrounds, cafes, and the amenities. As buyer’s
As buyers’ advocates in Melbourne, one of the most common must-haves that our clients always tell us is a spacious backyard. With the right budget, this is attainable however with a limited one, it can be quite tricky. When a property is in a great location, within your price range,
As buyer agents we have all heard about Feng Shui from clients, our friends, families, colleagues, or acquaintances whether it be a passing topic for conversation or a deep-thought discussion amongst peers. However, what exactly is Feng Shui? Why do some home buyers or even homeowners exercise this practice when
What is an Auction Reserve Price? The auction reserve price is typically set 48 hours before the auction. The sales agent and auctioneer will meet with the vendor over zoom or face to face and talk about the campaign. The auction reserve price is set based on feedback from the
Selling and buying property is a juggling act. The emotions are high, uncertainty sets in, and it can be overwhelming. When the real estate market is booming, and you wish to upsize or downsize, the choices can be few and far between.Many people sell their house before buying so they know
1. Check the laws on short-stay letting / Air B n B. Some developers choose not to monitor by-laws in relation to short-stay letting. This means that you could move into an apartment and realise that you are surrounded by short-stay properties which could impact not only on your peace
A global city needs world-class road and rail projects to keep up with population growth. This infrastructure helps increase productivity and helps keep Melbourne in the running for one of the world’s most livable cities. In this article, we mention three infrastructure projects that will have an impact on house
The period known as the Art Deco era represented a time of dramatic change in society. During its emergence in the 1920’s, a brave new world was evolving following the devastation of World War 1. Many of our clients who focus on buying inner-city areas of Melbourne often request features
