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[…..]

Residential Vacancy Rates

Gartland Property, as leaders in the Geelong property market, are currently experiencing residential vacancy rates below the industry average of just 0.4%. The latest statistics provided by the REIV (from participating members), states the average for the Geelong region is 1.7%.   This below-average rate, together with our dynamic team of experienced property professionals means[…..]

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[…..]