Why international flights from Avalon will transform Geelong’s economy

  On Sunday 4 February, low-cost international airline carrier AirAsia announced it will move its Melbourne operations to Avalon Airport effective later this year.   The announcement was greeted with great fanfare, and rightly so. AirAsia X Malaysia will operate two daily flights to Kuala Lumpur from Avalon –  opening up access to over 130[…..]

Geelong property hot tip begs question — is it time to sell?

The Geelong Advertiser ran the following article on the 4th January 2018   Gartland Property, Geelong, agent Nathan Ashton said the first wave of workers at WorkSafe would spark a rush in the city’s property market in the next few months.   The next few months could prove critical for Geelong homeowners considering whether to[…..]

The Micro and Macro

Interest Rates The best place to begin is with the big picture, and for this exercise that big picture is ‘Interest Rates’. Behind the decision to keep the interest rates at their current level is the RBA’s view that the overall market is softening in the Melbourne and Sydney markets. Corelogic reported that this month[…..]

Gen Y, The Property Market and The Bank of Mum & Dad

Gen Y Home Buyers Those born between 1981 – 1994 are aptly known as Gen Y, and they are a large percentage of home buyers. One thing that we hear frequently from parents as property prices increase is ‘how are our kids going to afford to buy their first home?’. The belief is that Gen[…..]

To Hold or Not to Hold?

The following information is drawn from an article in the ‘Maverick’ newsletter prepared by BMT tax depreciation   It relates with a high percentage of our market place who are fortunate enough to be in a position that allows them to hold their current property and offer it for rent, and then purchase a new[…..]

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