Many buyers falsely believe that sellers are only after the highest price for their properties, when this is often not the case at all – even in strong market conditions. In fact, whenever a buyer is aiming to secure a private treaty negotiation, while price is always important, it’s not the only factor that they should consider when they’re preparing […]
Why the highest price doesn’t always win the day Read More »
Did you know that compared to the first lockdown in Sydney last year, there are actually fewer properties for sale now than there was back then? According to SQM Research, total property listings are down six per cent compared to April last year, which was a time of extraordinary unease for all of us. Back then, the pandemic was so fresh, and
The reality of buying in lockdown in Sydney Read More »
I recently had a former first home buyer client from a couple of years ago contact me regarding the potential purchase of their first investment property. This was always the plan for these clients, and we had this in mind when purchasing their home back then. I love it when a plan comes together because their home now has enough equity for them
Why you must treat your family home as an investment Read More »
The Reserve Bank of Australia (RBA) recently announced that it would slow down its bond buying efforts given the national economy is in better shape than was previously predicted. That said, the current lockdown in Sydney may yet slow down their slow down efforts, depending on how protracted that ends up being. However, the central bank is also
What does bond buying have to do with property? Read More »
Bespoke is a term that has become more common over recent years. In essence, it means something that is made for a particular customer or user and, in the beginning, was often used when someone had clothing, especially suits, made especially for them. Back then, “bespoke” probably had connotations that implied that such an activity was only available for the moneyed few. However, the term has
Why bespoke property investment is always best Read More »
I’m sure you’ve heard the saying, “There’s no such thing as a free lunch”. The phrase was invented more than 50 years ago and is commonly accepted to mean it is not possible to get something for nothing. Unfortunately, the promise of untold riches without little effort or financial input still seems to be the go-to marketing ploy for unscrupulous operators
How much is your “free” lunch costing you? Read More »
We’ve all heard the classic yarns from our grandparents about when Richmond in Melbourne or Balmain in Sydney was working class and property prices were cheap. Part of the reason for that, back in the old days, the landed gentry were exactly that – living on acreage far away from the inner-city where the factories and the population
How to recognise gentrification before it’s too “latte” Read More »
There was rather big news out of the Reserve Bank recently that might not have got the mainstream media coverage it deserved in my opinion. Now, I’m in no way an economist, but with property markets so keenly tied to certain economic indicators, I wanted to share my thoughts on what the latest inflation figures mean for homebuyers and investors. There
What does inflation have to do with interest rates? Read More »
The rapid increase in Sydney property prices has left some would-be property owners catching their breath. Some potential first-time buyers have found themselves already left out of the running with prices rising faster than their ability to save a decent deposit. This situation is starting to result in a sharp uptick in the numbers of people opting to become rentvesters –
Rentvesting – Can you have your property cake and eat it, too? Read More »
Like many growing global cities, Sydney has a very short supply of available land close to the CBD. The Sydney basin is flanked by mountains, national parks, and the sea, so when looking to booster our supply of well-located housing, we’ve had to go ‘up’ instead of ‘out’. Even with this geographical reality, Sydney apartments have seemed to
What I look for when buying Sydney apartments Read More »