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With the low interest rates and avalanche of incentives to help First Home Buyers being announced, we are seeing a lot of buying interest from First Home Buyers. However, a common feedback we have from home owners are that affordable properties are usually in the western part of Melbourne, where good schools and public transport are not very accessible. So, behind the scene, we've been sourcing for some good opportunities to help First Home Buyers find the right property at the right price, here at South East Melbourne. Properties in South East Melbourne has consistently outperformed properties in the west, due to a good combination of good schools, good infrastructure, good job growth, etc. So, if you are interested, stay tuned. Like and follow our Facebook, and Linkedin pages for the latest news. You can be sure they we will announce them through those channels. I can promise that the deals are 100x better than the picture you see here.

This customer came to us, frustrated at being treated like a sausage by her previous buyers agent. It was an agency which advertised a lot in social media, and with a modern swanky office near Melbourne CBD. Experience with the "fake buyers agents" Little did she know, this agency and their buyers agents were receiving payments from both buyers like her (through their "mentoring programme" fees), and commissions from the property developers, from which they recommend and buy from. Unsurprisingly, the client was put through a sausage-factory or cookie-cutter process, where she was told to buy a new house and land property X at a certain price Y, depreciate it to claim tax offsets against her income. The property advisor was not interested in her plans for the properties, and would not listen to understand her needs. How our buyers found the real power of Independence? We happened to bump into her at a property inspection. We caught up for coffee subsequently, and client shared her unpleasant experience and vented her frustration. After realising how she isn't the first victim and had been conned into the unscrupulous investment scam, she decided to turn her unpleasant experience around and engaged our services. We looked into her circumstances, her income, assets, etc, and realise she could do a lot more, if she is up to it. Benefits of working with Genuine Buyers Advocates Two years later, today, she's the proud owner of 2 properties, and she is in the process of getting her second property in Glen Waverley subdivided and re-developed at Glen Waverley into 2 townhouses. That is 3 properties in 2 years, when it is ready in a few month's time. Had she persisted with her former buyers agents recommendations, she will have to dig deeper into her pockets to buy developer stocks, which typically have lower growth, and would be difficult to sell in future. This immediately set her up for financial freedom, and relieved her from her bad property investment experience. You do not need to own tens of thousands of properties for financial freedom. You only need to own the right properties to achieve that freedom. How can investors own 3 properties in 2 years? Every investor's circumstances are unique and different. Thus it does help to know what you are doing, what your possibilities are and how practical it is for you, in your circumstances to invest correctly and minimising risks. It does pay to speak with the right team.

Waiting for the 5% first home buyer scheme? You might be out of luck. As we've been mentioning, it is a good plan, but it is probably released at the wrong time. Why? If you've been following our blogs here and on Facebook, property prices have risen between 5-8% in Melbourne. In some popular suburbs prices have reached and even exceeded the 2017 peak. Bidding activities at some auctions have once again, reached insane levels, with buyers overpaying hundreds and thousands more for a property. What does these all mean for first home buyers? You have to be prepared to pay more. And lots more, if you're hoping to buy into a popular, established suburb. Now, if you are waiting for the 5% deposit scheme to get into the property market you need to be fast. There are only 10,000 golden tickets available for eligible first home buyers. You have to be quick. How can we help? Here at Concierge Buyers Advocates, we have been working hard to identify eligible properties in popular, high growth Melbourne suburbs for eligible first home buyers. These are individually selected and hand picked from the lists of leads and some quality builders. We've done the review and handpicked them based on their quality, affordability, locations, amenities, etc Buying your first home has never been easier. Here is our quick 5 step process, to speed up your purchase: Talk to us. We'll get you pre-approved for mortgage, if you need one. Reviewed the properties, pick one. Sign the purchase agreement. Sit back and relax. We'll manage the purchasing process for you, from financing and conveyancing. Buying your first home can never be easier. Get in touch today to find out more. Our Promotion For the first 3 buyers each month, we're throwing in either a free Solar systems or a Smart Home Automation systems, fully installed. Do not miss out. https://www.news.com.au/finance/real-estate/buying/scott-morrisons-first-home-loan-deposit-scheme-will-launch-on-january-1/news-story/7b196e2dfd7f04e720b20381ac1e6020

We are very honoured to be short-listed into the Finalist and winning the "Highly Recommended" award at the Monash Business Awards 2023 Gala Dinner and Awards Presentation. This award is dedicated to our clients who trusted our services, allowing them to swiftly Outsmart the Property Market and buy confidently. Special mention to our supportive business partners, family and friends. Without which we wouldn't have given our clients the confidence, the seamless experience they deserve. When we started this journey at Concierge Buyers Advocates at #GlenWaverley, Melbourne, we never imagined we would come this far. It all began with a simple idea: to provide an affordable property advisory service to regular folk like us - mums, dads, everyday property buyers who needed a helping hand in the real estate market. Our journey has been a wild ride. We faced challenges, highs and lows. The lockdowns didn't kill the virus, but it almost got us. But we never lost sight of our mission. We wanted to empower people to make confident decisions, to outsmart the market, and get their dream properties without breaking the bank. This award means a lot to us and our clients. And we will keep pushing the boundaries to deliver the best service possible. We're thrilled and humbled and we'll continue to strive for excellence in everything we do. #conciergebuyersadvocates #buyersadvocate #buyersagent #buyersadvocateaustralia #buyersagentaustralia #buyersadvocatemelbourne #buyersagentmelbourne

Surprising results isn't it? Or is it? In the midst of one of the worse virus pandemic, Melbourne property auction clearance rates hits 90%. This is 10% points higher than a "good-time" average of 80%. So, what's happening? Is this the real story? While real estate agents would want you you believe it's good time to sell, be vary... Only just 363 auctions were held. This is almost two-thirds less than the week before. And it is less than half of what we're sold this time last year, when everyone was not buying. That's not all gloom though. One of the reasons why auctions held was low, was because many sales had been pulled forward, and held during the weekdays, or have been converted to private sales. And if you've been holding your breath, expecting prices to fall, don't. Breath now. Prices have not fallen. At least not significantly. Many people had been overpaying for the last 6 months during the buying euphoria, anyway. It's not time to expect bargain prices. Banks have openly announced that they'll give struggling home owners a 6 months holiday, so, prices are not going to fall anytime soon. But there could still be an occasional bargain. You just have to keep a keen eye on the market. Or we can do it for you. Get in touch with us. Sign up for a free notification when we've spot a bargain. We can do the property inspection on your behalf as well, if you are unable to.

Have you been debating over investing in property vs saving your money in the bank? Let's explore the facts together CoreLogic, largest provider of property information, analytics and property-related risk management services in Australia and New Zealand, released this chart summarising the recent price correction. It is a chart which included the recent price corrections. Looking at Melbourne, prices has dropped 11.1% since peaking in late 2017. Despite this, it is still 23.5% higher than what it was 5 years ago. What does that mean? Imagine, if you had $50,000 5 years ago, and you put that into a savings account, it will become $52,550 in 5 years, at a very optimistic average of 1% interest pa. If you had invested this $50,000 into property 5 years ago, your $50,000 would have turned into a $61,750 investment. I.e., the $50,000 would be worth a massive $9200 more! So, would you invest in property? If you have the serviceability, why not? But you need to get the right property at the right location. Have a chat with us. We can help you achieve your real estate investment goals.

Do you see yourself owning a property here? A recent report from QBE finds that while major metropolitan cities in the Eastern Seabord of Australia has taken a tumble in the last 1.5 years, The Hunter region and Central Coast of NSW has surprisingly bucked the trend. It has grown 7.6% per annum compared to falls of over 10% in major capital cities. So, what makes the area attractive? ✅ Median house price sits below the threshold for the stamp duty exemption for First Home Buyers - making it more an affordable entry into the property market ✅ Employment growth has strengthened significantly. Down to 5.6% in 2018 from 7.9% in 2015. ✅ Low vacancy rates of averaging 2%, with some areas as low as under 1% ✅ University of Newcastle expansion project planned for coming years ✅ Major infrastructure projects int he region will continue to drive net migration inflow ✅ Forecasted price growth of 7% by 2021 Here at Concierge Buyers Advocates, we have direct contacts to developers in the region, and we are able to source for brand new properties at below market price. Here is an example of a typical deal: 🆓 Special Fee Free Deal. Yes you will NOT be charged a fee. We'll still negotiate using our buying power to help secure your property. Contact us for more details. There are properties which suit buyers from $400k to over $600k. There is a budget to suit everyone. * Limited Stock! And stock varies.

Came across this property. 5 bed 3 bath 3 cars. Situation in prime Melbourne inner city blue chip suburb. Asking $4.5M, in a suburb with median of over $7.7M for similar properties. Get in touch if interested.

In a dramatic turnaround, Melbourne Property prices is continuing its climb to recovery. In September alone, Corelogic has reported that prices has risen an impressive 1.9% compared to previous month. Echoing our observations a couple of weeks ago, Corelogic also reported that the fear of missing out (FOMO) is back. It is normal to see property sold at auctions for up to $200k above reserve. It is anyone's guess if this upward trend will continue. As the trade war between US and China and the global economic slowdown is starting to impact local businesses. Australian property prices is likely to be affected if the Australian economy does slow down. If that happens, property buyers who had overpaid in the last couple of months is going to feel the pain. Doing the right research to determine a fair value for a property is not easy. There are lots of factors to consider, to derive at a fair value. Have a chat with us, if you want to find out more. https://www.realestate.com.au/news/melbourne-real-estate-corelogic-tips-rapid-bounce-back-to-continue/

Can a foreigner own a property in Australia? This is one of the most frequently asked question. Short answer is yes. But there are some limitations. ​ Melbourne is a pro-property investment state. Not only does it have one of the lowest property investment taxes, fees and stamp duties, the property investment rules are generally more investor-friendly than any other states and territories in Australia. ​ There are, however, some restrictions on the types of properties a non-resident can buy in Melbourne. More information on what these restrictions are in our Foreign Property Investor page.. ​ A non-resident buying properties in Australia is subject to approvals from the Foreign Investment Review Board (FIRB). And approved non-resident buyers buying properties in Victoria, might also be subjected to additional stamp duties on their share of the property being acquired. ​ When do additional stamp duties apply? Additional stamp duties apply to any arrangement or transaction involving the transfer of an interest in residential property to a foreign purchaser, including: Buying a residential property at, for example, auction or by private sale. Buying a non-residential property with the intention of converting it to residential property. Being given a residential property as a gift. Certain leasing arrangements in respect of residential property. ​ Additional Stamp Duties in Victoria For contracts, transactions, agreements and arrangements entered into on or after: 1 July 2015 but before 1 July 2016 (even if the settlement date is on or after 1 July 2016), the additional duty rate is 3 per cent. 1 July 2016, the additional duty rate is 7 per cent. 1 July 2019, the additional duty rate is 8 per cent. ​ More information can be found on the Victoria State Revenue Office website