Latest News & Blog

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....

Dear Fellow Property Investor, Check out this recently published article by Chistopher Joye tackling the notion that the Australian Property market is on the brink of collapse. “I cannot remember a time when there was more universal agreement amongst analysts that Aussie house prices are going to plummet. Unusually, the major banks are also jumping on the bandwagon. ANZ, CBA, NAB and Westpac all say house prices are sure to fall by at least 10%. AMP reckons the drawdown will be 20%. UBS is somewhere between 10% and 20%. SQM thinks it could be potentially worse at 30%. Some nutters are...

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Dear Fellow Property Investor, Check out this latest video that I recently recorded with Cameron Fisher from Changing Places Real Estate. Here are some of the main points covered; IN THESE TIMES - TWO KEY MUST HAVES 1) Quality tenants are paramount: Long term tenants save you thousands $$$ They care for your property - treat it as their own Tend to have stable incomes Less demanding Do what it takes to keep them 2) An agent who has your back: When the going gets tough look to experience Does the property...

Dear Property Investor, Did you know that despite the COVID-19 International Crisis, the Australia's median house price has continued to rise, if only at a nominal rate, lifting 1.7 per cent over the quarter according to the latest data from property listing portal Domain. Nationally, house and unit prices increased over the first quarter of 2020, however economists have warned growth will be likely short-lived. Australia's property market has traditionally fared relatively well during global economic shocks, with the market experiencing six falls over the past three decades. Despite the...