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 / AirBnB. 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 and quiet but
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
A Guide for First Home Buyers Everything to know for First Home Buyers 1 – Don’t Listen to friends or family that have not bought property before. You need to seek advice from people who have actual on the ground experience in the area you want to buy. Independent & local
5 key pieces of property investment advice (for vendors and buyers) When it comes to selling or buying a property in Melbourne, it can be overwhelming finding a place to start. I recently spoke to TickerTV about my property investment advice for vendors and buyers alike; today I’ll deep-dive further
So, you’re considering the decision to start home renovations on your property with the main intention to sell it for a profit. For the uninitiated, this is called ‘property flipping’. And there are good examples are all around Melbourne, with this beautiful home in Brunswick West initially selling for $930,000
How To Beat A Lack Of Supply And Purchase Property In 2019 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
What You Need To Know About Combustible Cladding In 2017, a horrific blaze at London’s Grenfell Tower killed 72 people and left many asking serious questions about the materials used in the building’s construction. Similarly, in 2014 a severe fire consumed 13 stories of the Lacrosse tower apartments, Melbourne, with
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
Stamp duty or land transfer duty – as it’s sometimes called in Victoria – can be an unpleasant surprise for those embarking on the home owner journey. Stamp duty in Victoria is a large source of taxable revenue for the state government, consistently proving to be a thorn in the
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
Buying a house, whether you’re a first time home buyer or not, is an exciting time. Nevertheless, it’s something that you need to be fully prepared for. These seven tips will help give you the edge over your competition, and purchase of your new home for less. 1. Location, location,
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
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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