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On 4 February 2019, the final report of the banking royal commission was delivered. Commissioner, Kenneth M. Hayne, made recommendations that relate specifically to the home loan mortgage industry. Importantly, the Commissioner has suggested changes that seek to strengthen existing regulations and promote cultural change. These recommendations impact everyone from
If you believe the 88-year-old investor Warren Buffett, the time to invest or enter the property market is when others are fearful. Warren Buffett is the chairman & CEO of Berkshire Hathaway one of the most successful investors ever to walk the planet. 18 months ago, Warren would have described
It’s a sensitive time in the property market at the moment, and as a result we’re seeing a higher rate of properties pass in at auction. If you’re bidding on a property at auction, a pass in may throw you off a little – but if handled well, it can
1 – Unrealistic vendors, looking for a price that is not in line with current market conditions. In a declining market, comparable sales are no longer a relevant metric. The number one reason a property passes in is that the vendor still thinks the neighbour’s house, which sold for $1.5
How the Metro Tunnel will transform Melbourne If you’ve visited Melbourne in the past few months, or you’re a local resident, you will have noticed the massive infrastructure works currently underway as part of the $11 billion Metro Rail Project. This massive construction project involves a twin 9km rail tunnel
If you’ve only recently tuned in to this year’s season of The Block, you may be surprised to learn what St Kilda’s Gatwick Hotel was like before the teams worked their magic. Forget sparkling bathrooms, fresh paint and designer furniture… we’re talking drugs, murder and some seriously icky rooms. It’s
Why spring might NOT be the best time to sell! We get a lot of sellers asking us: “Should I sell my house in spring?” With your garden looking so fresh and buyers coming out of hibernation, it sounds like the ideal time to put your house on the market,
Over the last five or so years, Melbourne’s inner South – encompassing suburbs such as South Yarra, Windsor, Prahran, and more – has boomed as a property hotspot. The area’s proximity to the CBD, vibrant culture, a plethora of restaurants, parks, sporting venues and more have all attracted the attention
Real Estate Sleep Out Here at Industry Insider, we try our best to recognise the privileges and challenges that each of us has been dealt in our lives. As people who are accustomed to the peaks and troughs of life, we know all too well that sometimes individuals need a
At Industry Insider, it’s our great pleasure to help many first homebuyers make their way onto the Melbourne property ladder. It’s always a buzz seeing the transformation from hopeful buyer to successful new homeowner smiling in front of the SOLD sign. Behind the scenes, there’s often a lot of education
My partner Libby and I are lucky enough to live in the multiple architectural award-winning building YVE, located at 576 St Kilda Rd, Melbourne. We love the building for all its amenities, and of course, its design. But what we enjoy the most about living where we live is the
Summer in Melbourne is traditionally a time for chilled out barbecues, the Ashes test series, Australian Open and swimming between the flags. But the heat of summer in Melbourne isn’t a particularly sizzling season when it comes to property. In fact, with many real estate offices closed for the New
You asked, so we’re answering. Of all the questions the team at Industry Insider gets asked, these are the most common. Whether you’re a property newbie or an experienced investor, we hope this blog post helps clarify some of the finer points of buyer’s advocacy for you. By providing these
With Melbourne property prices continuously rising, it can be difficult to find and purchase your “dream home”: a property you want to live in that’s also located in the suburb of your choice. That’s why many first home buyers are opting to buy investment properties while renting. The ‘rentvesting’ trend
What makes a great investment property? Investing in a property can provide several benefits, such as giving you a sense of financial security and stability. But, with the Melbourne property market soaring, it can be an intimidating time to conjure up the courage to even start looking. If you’re interested
Acknowledgement of Country Industry Insider respectfully acknowledges the Traditional Custodians of the land of which we work, the Bunurong Boon Wurrung and Wurundjeri Woi Wurrung peoples of the Eastern Kulin Nation and pays respect to their Elders past, present and emerging.
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