Don’t be a victim of underquoting 

Buyers are being encouraged to base their comparable sales data research on  monthly, rather than quarterly, figures to avoid being victims of underquoting,  according to Australia’s leading professional body of buyer’s agents.   “In a rising market while we can’t predict the strength of the capital growth figure,  we can factor in a heightened seller’s market when appraising a property,” said Ms.  Bakos.   “Underquoting is much … Continue reading Don’t be a victim of underquoting 

Melbourne Population Exodus, 30,000 people to relocate, double-digit price decline

“A hard lockdown of more than 100-days will be the cause of the biggest shock to Melbourne’s economy that most of its residents have ever seen. It is highly possible that it could lose as many as 30,000 people over the next couple of years,” said Propertyology’s Head of Research. Tens of thousands of people are likely to relocate away from Melbourne over the next … Continue reading Melbourne Population Exodus, 30,000 people to relocate, double-digit price decline

Australia ranked 19 in the world for global house price growth

• Knight Frank has released its Global House Price Index Q2 2020, which tracks the movement in mainstream residential prices across more than 50 countries and territories worldwide using official statistics• Australia is ranked 19th in the world for global house price growth, with a 6.1% rise in house prices over the past year• Australia has risen up the global rankings from one year ago … Continue reading Australia ranked 19 in the world for global house price growth

Happy As A Pig In Mud

Happy as a pig in mud – that is how Zac has described this property he is marketing on Brisbane’s Northside. The home is set on a 728sqm block with a 16m frontage. It’s just a few minutes’ walk from the local state school, golf course, and 10 minutes to get you down to the waterfront. The house has three bedrooms, a large shed, an … Continue reading Happy As A Pig In Mud

Pandemic drives demand in regional markets

According to reports we have been receiving, there has been a noticeable increase in inquiry from investors and first home buyers, who, having negotiated to work from home and can see the benefits, has encouraged them to consider relocating to more affordable regional centers.  Property Mavens buyers and vendors advocate Miriam Sandkuhler tells me what she is experiencing. Continue reading Pandemic drives demand in regional markets

Doomsayer explains his theory

When Veronica Morgan first heard of our next guest, she wrote him off as just another disaster predictor out to get a headline and get noticed –  but it wasn’t until she had a conversation with Martin North that she realized there was some reasoning behind his thinking.  In the first part of this interview, Veronica asks Martin about his view that property in Australia … Continue reading Doomsayer explains his theory

Grand Proportions and Undefined Luxury

This magnificent home has been designed to the highest standard to capture an impressive 180-degree view of Terrigal, Wamberal, and the ocean. With 4 levels of pure indulgent comfort, a combination of European and custom bespoke fixtures and fittings, state-of-the-art technology, and more than 792sqm of living. Providing a lifestyle unlike any other, every imaginable luxury has been considered. A property that is huge in … Continue reading Grand Proportions and Undefined Luxury

Regional buyers seize the day

Young families, relocating workers, and retirees looking to optimize their superannuation savings are among some of the home buyers opting for a regional owner-occupier change.  Many will choose to rent creating a strong investment possibility.  Cate Bakos from the Real Estate Agents Buyers Association talks over the possibilities with Propertyology’s Simon Pressley. Continue reading Regional buyers seize the day

Nine Week High

64.5% of homes sold at auction on the weekend as volumes continue to rise across the capital cities.  Let’s have a look at the preliminary results.   CoreLogic tracked 1,424 auctions this week returning a preliminary auction clearance rate of 64.5 percent.    This was the highest number of auctions held in nine weeks, demonstrating an ongoing improvement in seller confidence as auction clearance rates … Continue reading Nine Week High