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Repayment: use one of our mortgage calculators to understand what your monthly repayment is Model a safe budget trusted conveyancers, inspectors and brokers to keep things in check. 9) True total cost of ownership Budget steps Book a free strategy session  with a licensed Melbourne buyers agent We’ll clarify your brief, budget

WOW! In just a short 2 weeks, a state of emergency has been declared in Victoria and Australia Capital Territory, as the COVID-19 coronavirus infection count doubled or tripled in some states. How would this affect the property outlook? Things are going to be volatile. That is definite. As states start adopting measures to limit the spread, things will vary from state to state, depending on the severity of the problem. But some form of lock down is looking likely. How will that translate to property prices in Melbourne, Victoria? Buyer are starting to hold off their purchases. They are starting to uneasy and believe house prices will fall. They could be right. However, vendors or sellers still have an expectation, many are not yet prepared to sell, as they do not have to. What does this mean? Residential property prices will stay stable. We're not likely to see any significant rise in house prices, neither are we going to see a significant drop in house prices. It will be a different story, with commercial properties, though. Any lock downs will affect commercial properties negatively. What happens in a lock-down? It is anybody's guess at the moment what that will look like, given that different countries and different jurisdictions can have different rules on what can or cannot be done. Some impose curfews, only allowing residents to get out of the house on certain days of the week, some simply do not allow residents to enter or exit restricted zones. In the event of a full lock down, office workers will be working from home, business can still go on. In the age of electronic transactions, this is not likely going to create an issue with transactions and activities which can be done electronically. However, some inspection activities such as building and pest inspections, is highly likely going to be affected. What will a property investor will do? With a seasoned investor, such times are gold! As Warren Buffet puts it: "Be fearful when others are greedy and greedy when others are fearful.” A good buying time is when no one is buying. You've less competition when buying. You could even pick up a good bargain, if you look at the right places. How do you buy in a full lock down? At Concierge Buyers Advocates, we have a COVID-19 Response Plan. We have the necessary processes, experience and a network of professionals whom can make this happen. Most of our transactions are done electronically, and all you need is a device with internet access. Let us worry about the logistics. If you have a property to inspect, but you are unable to, get in touch with us. We have a property inspection service that provides buyers like you with an unbiased site inspection report. Ready to make full use of the opportunity? Have a chat with us.

Investing in Melbourne’s real estate market offers a world of opportunity, especially for buyers with a budget Brighton Median Price (2024): $2.8 million Rental Yield: ~2.5% Growth Forecast: 5-7% annually Why Should Hawthorn Median Price (2024): $2.3 million Rental Yield: ~3.2% Growth Forecast: 6% annually Why Should Malvern Median Price (2024): $2.1 million Rental Yield: ~3% Growth Forecast: 5-6% annually Why Should With a budget between $1.5 million and $3 million, you’re positioned to secure premium properties that

Victorian businesses and residents during the covid pandemic, leaving a significant gap in the state budget The best suburb for your investment depends significantly on your budget. The Risks of Stretching Your Budget If your budget is $900,000 but you’re targeting Footscray, where A Smarter Choice for Your Budget Instead of overstretching in Footscray, a better investment strategy might be to look at Healesville, where the median price aligns more closely with your budget.

Discover Where to Buy Smart in 2025 – Whether You’re a First Home Buyer or a Savvy Investor Thinking about buying property in Melbourne in 2025? portfolio, we’ve compiled a data-backed list of the Top 3 Boom Suburbs in Melbourne — tailored to every budget often focused on value for money , liveability , and long-term potential — without stretching their budgets We offer: Data-driven suburb shortlists tailored to your budget and goals Access to off-market opportunities

Where are Buyers Buying in Melbourne in 2025? portfolio, we’ve compiled a data-backed list of the Top 5 Popular Suburbs in Melbourne — tailored to every budget often focus on value for money , liveability , and long-term potential — without stretching their budgets investment — now’s the time to act. 💬 Ready to Buy in 2025? What We Offer: ✅ Tailored suburb shortlists based on your goals and budget ✅ Access to exclusive off-market

The first batch of 3000 was released in Jan 2020, and it was 100% allocated within weeks! The second batch of 7000 was released in Feb 2020, and was meant to last till 30 June 2020. July and on - When 2021's allocation of 10,000 FHLDS is released, we could see First Home Buyers get

short-listed into the Finalist and winning the "Highly Recommended" award at the Monash Business Awards 2023

Despite Lockdown 6 taking hold of the entire month of August 2021.property prices still managed to rise Over the 12 months to August 2021, Melbourne property prices rise "only" 13%, an average of 1% a month So, if you're in the market to buy your property, be prepared to pay 24% more than your budget, or 50%

The Melbourne property in 2022 was an interesting one. Official Cash Rates went from a low 0.1% to 3.1% by Dec 2022. The Melbourne Property market outlook for 2023 If you are thinking of buying properties in 2023, in a How do you buy Properties in a Buyer's Market like 2023? Wishing you a successful 2023.