Melbourne’s house and apartment prices have transitioned from bottoming out, to now trending in the other direction. Since the late 2017 market peak, the property market has had a tough time, but prices are now rising again. While homes are getting more expensive, the supply continues to dwindle. This is
What you need to know when downsizing your home Regardless of your lifestage – whether you’re a baby boomer, empty nester or just someone looking for a lifestyle change – the idea of selling your family home can be daunting. The memories it contains and the comfort of staying put
Many facets work together to add overall value to a suburb, including public transport, amenities and popular attractions. One often overlooked element that can add considerable value to your property: proximity to outstanding public schools. Why do excellent public schools hold such influence over a suburb’s value? It all comes
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
With the 2019 federal election on the horizon, changes to the negative gearing policy have become a frequent topic of discussion. Introduced in the 1980s by the Hawke government to encourage Australians to populate the housing market with rental properties, the policy did its job. Unfortunately, more than 35 years
If you believe the 88-year-old investor Warren Buffet, 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 to ever 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 relevant. The number one reason a property passes in is that the vendor still thinks the neighbour’s house which sold for $1.5 million 12
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 piece of construction involves a twin 9km rail tunnel running from Kensington to South Yarra
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
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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