At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.85 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 1.75 per cent. The Board places a high priority on the return of inflation
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
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
The Melbourne residential property market is currently witnessing an absolute perfect storm in favour of the seller. House prices are rising, and the following factors are directly influencing market sentiment and growth. Higher Demand Record Low SupplyRecord Low-Interest Rates (2%)Stamp Duty IncentivesFirst Home Buyer IncentivesNew Construction IncentivesHigher than average savings
Often when we are bidding on behalf of our clients, we will call the Auctioneer by his or her name. Why? It adds credibility, builds trust and may throw other buyers off their game. Just knowing the listing agent and being familiar with potential rival bidders is not enough if
Buyers considering making a pre-auction offer must first understand the agent’s rules of engagement. The rules of engagement are set by the selling agent and auctioneer who is representing the owner of the home. Also known as the (vendor) Too often, buyers mistakenly assume that by making a pre-auction offer,
We share our top tips on what to ask when interviewing your property buyer’s agent! 1 – Google them, if they have an excellent reputation, you will find out pretty quickly with a simple Google Search. Interview them before you even pick up the phone or enquire online. 2- Ask about
The solution is the technology at our fingertips, combined with a sprinkle of professional service expertise from an Independent Buyers Agent. (AKA Andrew Date) That’s me by the way! Chest beating aside, as much as I played a role in securing an OFF MARKET Warehouse for our Californian based clients.
As we look back on the period between 2014 – 2017, we witnessed property investors flock to the market. We watched property prices in Sydney & Melbourne reach double-digit annual growth. The headlines were all about how “Investors were outbidding first home buyers” and shattering the great Australian dream for
