Since the Federal Budget was handed down, I’ve witnessed a noticeable shift in investor behaviour. Many of the investors I work with who were previously considering established homes are now focusing almost exclusively on new-build properties. The reason is simple: they want to preserve access to negative gearing and the
Each week we attend, bid, monitor and track Auctions. The current clearance rate in Melbourne, according to REIV 63% and REA said 49%. After 18 years of tracking auction clearance rates on Saturday, 20th June, I’ve learnt not to believe what is published on a Saturday afternoon. These preliminary clearance
South Yarra’s Domain Road precinct has long been one of Melbourne’s most quietly prestigious addresses, tree-lined, blue-chip, and home to some of the city’s grandest 19th-century residences. Now, one of its most historically significant properties is about to be tested by the open market for the first time in decades.
Today we monitored 8 auctions across Melbourne! 34 Canberra Road, Toorak, – Started at 2.5-26M – Price drop to 2.3-2.5M – Sold for an undisclosed amount. 1/64 Irving Road, Toorak – Quoted – 1.690-1.850M – Passed in, now a private sale. 1/20 Grange Road, Toorak, Quoted 2.4-2.6M –
Purchasing at $20M+ in Victoria involves layers of due diligence that standard residential transactions simply don’t encounter at the same intensity. Planning overlays in Toorak are significant. Heritage overlays, neighbourhood character overlays, and vegetation protections all affect what can be done with a property over time. Buyers who intend to
The house at 39-41 Hopetoun Road, Toorak, was initially listed at 17-18.5 million. However, like many homes at the top end of the market, the price has been reduced to 14.5 million. The land size of 1,665 m2 is significant, and Hopetoun Road, Toorak, would be in my top
Three auctions. One clear message is that quality is still commanding attention, but the market has no patience for mispricing. Suburbs covered: Prahran · Armadale · Malvern East. Price range: $3M – $6.5M 19 Chatsworth Road, Prahran, Passed In, Now Listed at $3,675,000 Quote: $3,400,000 – $3,700,000 | Passed
Victoria’s rental laws have undergone their most significant overhaul in decades. If you own residential investment property in this state, the rules governing what you can and cannot do have changed substantially, and the consequences of non-compliance are serious. This article sets out your key obligations as a rental provider,
We attended the auction of 76 Park Road in Middle Park. The home was a three-bedroom, two-bathroom home on approximately 337 m² of land. The home last sold as a 4-bedroom in 2023 for $4,025,000, and the current owners completed a significant cosmetic renovation. They actually removed one bedroom upstairs
Why Melbourne Sellers Are Choosing a Vendor Advocate And How Our Multi-Agent Approach Gets Better Results Thinking about selling your home in Melbourne? Before you call a real estate agent, there’s something you should know, and it could be worth tens or hundreds of thousands of dollars to you. I’m
Today I attended two of Toorak’s most significant auctions. For the first time since 2022, an Auction above 8M played out in the street. Both homes passed in. Here’s what I saw and what it means. 7 Russell Street, Toorak, Guide $8.5M–$9.0M on 1,095m², an Executor’s Sale. This distinguished classical
The 2026 Federal Budget Just Changed the Rules for Property Investors. Here’s What You Need to Know. Last night’s federal budget delivered the most significant shift in property tax policy in a generation. If you own investment property or have been thinking about it, this affects you directly. Let me
For years, Australians have been told property prices are driven purely by supply and demand. But policy matters too, and this latest budget will have a major impact on where Australians choose to place their money over the next decade. In my opinion, the single biggest winner could be the
Nine out of ten boxes ticked & well under budget! N & G were moving their young family out of the Inner City in search of space, good schools and the kind of street their kids could grow up on. We found them exactly that off-market, in three inspections, with
The right home, in the right suburb, secured at the right price. A busy surgeon and a full-time mother of three came to us with a clear brief and little time to spare. Here’s how we helped them secure a rare inner-city asset and gave their family room to grow.
Acknowledgement of Country: Industry Insider respectfully acknowledges the Traditional Custodians of the land on 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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