The Year That Was, and the Year It Will Be

2019 has seen the market regain stability and it has settled back into a balanced rhythm, and as we head towards the end of the year, we are starting to see local property markets start to increase in value. In November 2019 we have just seen the biggest lift in Melbourne house prices since May[…..]

Why Now is the Time to Buy!

The 18th of May 2019 was the turning point for our market and this coincides with Macquarie Banks report of a ‘textbook’ correction. This date was Federal election day and all uncertainty associated with what was going to happen quickly disappeared. We have experienced consecutive RBA rate cuts in June and July, a lightening of[…..]

The Local Geelong Property Market

  It is time to analyse what the recent changes in the economic landscape mean for the local Geelong property market. The two major factors of influence relate to the recent interest rate change and the influence of APRA.   The Reserve Bank of Australia has recently reduced its current cash rate to an all-time[…..]

Geelong Investors Take Note!

Investors take note, now is your time. Over the past 12months there has been a definitive downward shift in the number of investment properties purchased. This is understandable, previously the bench mark was a 5% return, and if a property was returning 5%+ then it was an easy purchase decision. What we have seen is[…..]

Dispelling the Myths of Auctions

Auction as a Buzz Word There is no doubt that the buzz word in real estate for at least the last 12 months in Geelong and the surrounds has been ‘Auction’. It is a word that instils both excitement and a little bit of fear in the minds of both buyers and sellers. Specifically, for[…..]

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