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  • Housing Prices Fall Faster than During GFC

    With house prices falling faster than during GFC, would you buy now? Or wait-and-see? https://www.news.com.au/finance/economy/australian-economy/house-prices-fall-faster-than-during-global-financial-crisis/news-story/1717ddae11fca3b4063f166c491d7f87

  • Introducing Our Introducer

    Know someone who can use some help to search for his/her Melbourne property? Get in touch! You'll be rewarded with a AUD$500 Introducer Fee, when he/she signs up. It's easy! Here is how it works. Get in touch with us. Register for a referral code. Make sure the person you refer provides this code when he/she contacts us. Once he/she signs up and the full buyer agent service agreement is signed successfully, your AUD$500 (or equivalent) will be on its way to you, in the form of VISA gift card. Other services, such as negotiation, auction bidding only services attract a reward of AUD$100 (or equivalent). It's that easy! Help a friend and get rewarded! Register now!

  • Labor and Coalition policies on negative gearing and capital gains tax

    https://www.news.com.au/finance/real-estate/buying/housing-explainer-labor-and-coalition-policies-on-negative-gearing-and-capital-gains-tax/news-story/206dd8af09ae4a29cb475adb76c00fbc

  • Surprise at Melbourne Property Auction Market

    If you need proof that savvy investors are still buying, here's one: "A dated house smashed its reserve by $241,000 to nail Yarraville’s “first litmus test” of 2019, but a Flemington weatherboard sold for a loss in a mixed auction weekend reflected in the clearance rate. " Smart investors know property prices at desired locations will rise eventually, and they are making full use of the current 'soft market' conditions to grab a bargain. Do they wait for the market to bottom out? Ideally, they do, but predicting the bottom of the property market is as accurate as guessing the Powerball winning combination. If it is easily predictable, many would have done so, and you will be competing with them for a purchase, and this will drive prices up anyway. Is this a good time to buy? If you have the serviceability why wait? But you have to know where to buy. Have a chat with us. We have helped savvy investors grab some good deals. We might be able to help you. read on.. https://www.news.com.au/finance/real-estate/melbourne-vic/agents-report-different-vibe-to-2019-melbourne-auction-market/news-story/d2e7f0b8921af421e860d47982e30b1f?fbclid=IwAR2AOwE6u6xDe6uvOO8WU5LIsEzqMutXlRU7-HC7kuoE0UShUawKTDz7aO0

  • Where can you find a $70k property with 10% yield in Victoria?

    What if... There is a A$70,000 property in Victoria with a rental yield of over 10%? Yes, you've read correctly, and there is no typographical errors. A A$70,000 property with a rental yield of over 12%. It exist, but it may not be for everyone. Search for it. Or you can engage us. With our promotional fixed fees, the yield would pay for the services within a year.

  • Is Falling Prices a Good Time to Buy?

    This may be counter intuitive, but amidst the doom and gloom, savvy investors have been quietly making their kill. Yes, prices have fallen, and good deals can be found for less. You'll just have to know where they are. Some may choose the DIY search, while smarter ones seek the help of buyer's agents. https://www.smh.com.au/business/the-economy/house-price-falls-in-sydney-and-melbourne-accelerated-through-february-20190301-p5111t.htmlve https://www.smh.com.au/business/the-economy/house-price-falls-in-sydney-and-melbourne-accelerated-through-february-20190301-p5111t.html

  • What would you pay for this view?

    Yes, there are lots of talk about an oversupply of apartments in inner Melbourne CBD. But with a view like this, from a 2 bed, 1 bath high floor apartment, what would you pay? Prices have been badly depressed because of talks of an oversupply. Most property investors, however, take full advantage of this and took on a long term view. Prices will recover. With Melbourne expecting to hit a population of over 6 million by 2030 (planning.vic.gov.au), the demand on property and housing is just going to get stronger and stronger. With the current average of around 75,000 new homes a year, supply is still roughly 50% of predicted demand. I will be lying if I say prices will recover in the next few months. But based on historical statistics, prices of houses double every 7 to 10 years. ie, such a 2 bed apartment in the CBD, is likely to be worth a million, if not more, in 10 years time. This featured property is currently listed at at 30% discount. It comes with gym and pool facilities, right in the middle of the CBD. That's convenient city living at its best. Is this a good time to buy? Property investors taking a long term view would. Would you? Have a chat with us.

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