Melbourne’s fragile fundamentals
Despite being the hardest hit by Covid lockdowns, Corelogic is reporting Melbourne has seen a 5.5% growth in property values over the last 3 months. Simon Pressley says…. “but the fundamentals are questionable!”...

Despite being the hardest hit by Covid lockdowns, Corelogic is reporting Melbourne has seen a 5.5% growth in property values over the last 3 months. Simon Pressley says…. “but the fundamentals are questionable!”...
Values were up by more than 1% across every capital city over May. Such a synchronized upswing is an absolute rarity across Australia’s diverse array of housing markets. Eliza Owens tells Bushy what is behind the continued improvement....
Welcome to Realty Talk – hosted by Bushy Martin from Know How Property Finance and his very popular podcast “Get Invested’. This week Bushy’s guests include Stuart Wemyss, Eliza Owen, and Simon Pressley, and Bushy’s Last Word or as he refers to it his Bush...
Over 60% of all new home loans in Australia are now facilitated by mortgage brokers. In measures to further strengthen the protection of Australian borrowers, ASIC introduced the new Best Interests Duty or BID process on 1st January this year. So what is BID...
With between 2,000 and 3,000 properties being auctioned nationally every week, clearance rates hover between 70% and 80%. It is likely your next purchase might be under auction conditions. Given the strong ongoing interest in auctions, it's worth revisiting key aspects of auctions for buyers....
This week, 2,691 homes were taken to auction across the combined capital cities, revising down from the 3,101 auctions predicted earlier in the week. The downwards revision is largely due to the extension of Melbourne’s lockdown. In comparison, the previous week saw 2,905 homes taken...
Your team of independent professionals should ideally include an accountant, mortgage broker, buyers agent, valuer, quantity surveyor, and property manager. Who on that list do you most need to impress? The answer may surprise you....
When auction clearance rates consistently remain near 80% it means there are more buyers than sellers in the market and this eventually leads to higher property prices, and that’s clearly what’s happening. With an excess of 2,000 properties being auctioned every week and given the...
Australian house prices have risen almost 9% in the first four months of 2021, following a further rise of 2% in April, according to Core Logic figures. This has made way for a ‘feeding frenzy’ amongst buyers increasing the fear of missing out (FOMO). Peter tells Bushy...