Welcome to September, which also means the change of seasons with the arrival of spring, which also means that the real estate market is heating up. And this is what we've been waiting for! Sales listings have increased and the number of interested buyers is also increasing. So now we just need to see the impact. To check what's happening in your local market, [...]
When is the right time to buy property? This is one of the questions I am asked most often, but there is no secret formula that can give you a definitive answer. We don’t know when the market is going to turn, we don’t know when property demand and supply will be optimally balanced in your favour, we don’t know when your dream home [...]
This is a tricky thing to estimate at the moment with sale prices fluctuating as much as they are and so much uncertainty in the market. And this doesn’t help much if you’re about to go to auction or place an offer on a home that you’ve fallen in love with. The key, as always, is research! Find comparable properties in the same neighbourhood [...]
For those of us without fixed interest rates, these rate increases are hitting us pretty hard. Due to the incredibly long period of stability, we're no longer used to the "variable" component of our variable interest rate. This is having some noticeable effects on the property market: Decline in auction clearance rates as properties aren't always reaching the vendor's reserve Decline in property [...]
There's so much talk at the moment about interest rates rising, property values dropping, speculation of crashes, doom and gloom and uncertainty. Well I'm here to say 'stay calm.' Interest rates do go up. They've gone up again yesterday. Hopefully that will be the last for a few months but it might not be. They've been so low for so long that we're no [...]
The Australian property market has seen massive changes over the past two years. The greatest of which was the record rise in housing values. According to Australia's leading property researcher, CoreLogic, housing values rose 24.6% between the end of March 2020 and February 2022. This is great news for those who already own property, but not so great for first home buyers or those [...]
The current property boom is a hot topic right now with lots of people wanting to know how they can capitalise on it. Here are my tips to give you some ideas: First home buyers Get on the bandwagon. Property isn't going to get any cheaper and it's going up at a rate faster than most people can save. So if you can afford [...]
The property market is running hot right now and there’s no sign of things cooling down. Some property experts are even going so far as to call it a “ferocious market”. This shouldn’t put you off buying a new home or investment property if now is the time that is right for you to buy. Buying in this kind of market just means you [...]
We’re seeing record high property sales prices, auction clearance rates and open home inspections combined with record low interest rates and it’s creating some real energy. The result is that the property market is going a little bit crazy right now. Sea changers are flocking to regional and coastal areas, people are upsizing, downsizing, investing, rent-vesting. Home owners and developers are buying and selling [...]
2021 certainly rolled around fast and we're already into our second month. How did that happen? There's a whole lot going on in the property market with huge demand growing in south east Queensland. It seems like everyone in the country has found out that this is the place to be! Vacancy rates on rental properties on the Gold and Sunshine Coasts are at all [...]
