by Konrad Bobilak | Mar 14, 2017 | property
Stamp duty will be abolished for first home buyers purchasing a property valued below $600,000, the Victorian Government says. From July discounts will also be available for property purchases between $600,000 and $750,000 on a sliding scale, regardless of whether...
by Konrad Bobilak | Mar 14, 2017 | property
Image: This Balmain waterfront property in Sydney was auctioned at the weekend for $6.1 million, well over the $5.5 million reserve. Supplied Victoria’s decision to waive stamp duty for many first homebuyers will fast become counter-productive,...
by Konrad Bobilak | Mar 6, 2017 | property
I don’t live in Sydney but I am up there almost weekly and have been for large parts of the year for more than two decades. I get to observe the city and its property market but I am not a skin-in-the-game participant. I like Sydney. In fact, I love Sydney. Indeed, I...
by Konrad Bobilak | Mar 6, 2017 | property
WE ALL know housing affordability in Sydney is bad. But it may be worse than we think. House price growth in the New South Wales capital has ramped up, big time. That’s right, just when we thought house prices couldn’t possibly keep growing at the pace they have,...
by Konrad Bobilak | Mar 6, 2017 | property
Australia’s love affair with property is simply undisputed. Whether it is around the suburban ‘barbie or in the boardrooms of Circular Quay, we just can’t get enough. But what really drives residential property markets? How does the Australian property market function...