Latest News & Blog

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Dear Fellow Property Investor, Late last year the Andrews Government passed the Residential Tenancies Act (RTA). The new Act is the most comprehensive change to residential tenancies in 20 years. The new legislation will ensure that every rental property meets basic standards. Some of these new measures, which will come into effect on 29th March 2021 and are part of the more than 130 rental reforms the Labor Government is introducing to Residential Tenancies to strengthen renters’ rights, better protect...

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.   The price gap between Melbourne houses and units has widened over the past year, and experts expect it will grow further while international borders remain closed and immigration is at a standstill. Melbourne’s median house price – which hit a record high of $936,073 in the December quarter – is now 64 per cent higher than the unit median of $569,677, which also reached a new high in December, according to the latest Domain House Price Report. In some of Melbourne’s most affluent suburbs, the price...

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Dear Fellow Property Investor, Melbourne’s median auction price has risen by $100,000 in the space of a year, as an influx of buyers vying for limited stock has driven up competition and prices for houses being sold under the hammer. As of February 21, the three-month average median for houses sold at auction was $1,010,333 compared with $909,100 over this period last year, while the median auction price for units reached $662,500, up from $656,833, Domain figures show. In November last year, just weeks...

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.   Dear Fellow Property Investor, Despite predictions that COVID-19 would lead to a property market collapse, house and unit prices in Melbourne hit record highs in December 2020. Domain data reveals the median house price in Melbourne is now an eye-watering $936,073, up by 5.3 per cent in the final three months of 2020. Median prices for units rose by 4.4 per cent over the same period, to reach a record-high of $569,677. The best performing region was the Melbourne’s outer-east, where prices skyrocketed...

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Dear Fellow Property Investors, Here is how to get instant FREE access to the 15 hour online course – The Real Estate Investing Fastrack Weekend, including a 430 page manual. STEP 1: Buy a copy of my book 'Australian Real Estate Made Simple' OR 'Australian Property Finance Made Simple' on AMAZON, either hard copy or digital version. STEP 2: Give me a 5 Star Positive Feedback on AMAZON as a review of your purchased book. STEP 3: Email me a copy of the receipt and a screen shoot of your 5 Star Positive...

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Gentrification in Melbourne – suburbs set to transform Long-term Melbourne residents will recall the seismic shift that occurred in St Kilda in the 1990s, when the working class population was given the boot in favour of the up-and-coming hipster class. In the space of a few years, the beachside suburb south of the CBD was transformed from a sleazy hangout where many feared to tread, into some of the hottest real estate in Melbourne. This phenomenon is gentrification – and it’s happening around Melbourne in...

Australian housing values racked up a third consecutive month of declines in July, with CoreLogic's home value index dropping 0.6% over the month, a slight improvement from June when the national series was down 0.7%. Across the capital cities, only Canberra (+0.6) and Adelaide (+0.1%) posted a rise in dwelling values over the month, while Melbourne (-1.2%) and Sydney (-0.9%) led the decline, recording the largest month-on-month falls in July. Regional markets are generally showing more resilience to falling values. Across the combined regional areas, housing values were unchanged in July...

Dear Fellow Property Investor, Check out this recently published article by HotSpotting's Terry Ryder on debunking Australian economists' theory on the 'September Cliff'. “A Shakespearean character suggested (Henry VI, Part 2, Act IV, Scene 2), as a great way to improve the country: “First thing we do: let’s kill all the lawyers.” While the idea has merit in 21st Century Australia, I think a better strategy would be to get rid of all the economists. A good method of dispatch would be to push them off a cliff, similar to the September cliff they’re all predicting as the next catastrophe to...

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Dear Jacqui test, Check out this recently published article by HotSpotting's Terry Ryder on how Australian house prices are defying constant forecasts of dramatic virus downturn by the largely uniformed media. “House prices continue to defy forecasts of dramatic decreases from the virus shutdown – and the significance of that continues to be downplayed and misreported by mainstream media. It would be refreshing if journalists could simply report the facts, in an even and balanced way, rather than go to...

Dear Fellow Property Investor, Check out this recently published article by HotSpotting's Terry Ryder on how Australian house prices are defying constant forecasts of dramatic virus downturn by the largely uninformed media. “House prices continue to defy forecasts of dramatic decreases from the virus shutdown – and the significance of that continues to be downplayed and misreported by mainstream media. It would be refreshing if journalists could simply report the facts, in an even and balanced way, rather than go to extraordinary lengths to find negatives to feature in their headlines....