Latest News & Blog
Property Investors warned now is a ‘critical’ moment to secure an investment property before Christmas, while prices still remain affordable…
Dear Fellow Property Investor, Melbourne home buyers have been warned it’s a “critical moment” with just days left to secure a home before Christmas. Property experts are advising to “seize the opportunity now”, with Melbourne offering some of the most competitive deals nationally. However, experts are warning a potential interest rate in the new year will bump up prices. With 1369 properties slated for auction it is expected buyers will remain very much in control. PropTrack senior economist Paul Ryan said Melbourne’s auction clearance rate from last week sat at a steady 58 per cent,...
[NEW VIDEO]: How To Get Rich In The Flat Melbourne Property Market In 2024 – By Konrad Bobilak
Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.
Home prices hit a record high as Melbourne Property Market leads growth!
Dear Fellow Property Investor, Australian home prices have surged to new heights in October, marking the 22nd consecutive month of growth despite ongoing affordability challenges. National home prices increased by 0.26 per cent in October, with the combined capital cities now up 5.85 per cent over the past year. Melbourne emerged as the strongest performer among capital cities, with prices jumping 0.49 per cent after six months of decline. REA Group Senior Economist, Eleanor Creagh said price falls have started to reverse in Melbourne, with buyers out in force for the peak of spring...
[NEW VIDEO]: Victorian Government Slashes Stamp Duty For Off-The-Plan Townhouses on 21st October 2024
Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Dear Fellow Property Investors, Victorian government's stamp duty cuts on off-the-plan apartments, units, and townhouses offer significant savings for property buyers. Learn more about eligibility, how to benefit, and why now is the prime time to buy with these expanded concessions. In a significant policy move aimed at stimulating the property market, the Victorian government has announced a major reduction in stamp duty for off-the-plan apartments, units, and townhouses. Effective from October 21, 2024,...
The Top Melbourne Suburb, where one in three Apartments are selling at a loss…
Richard Swanson faced a tough choice: sell the South Yarra investment property he had owned for six years for a loss, or hold on and hope it recovered in value. He chose to hold. That was five years ago and since then prices have only fallen further. After about 11 years, he has just sold the apartment for $156,000 less than he paid. This is the puzzle at the heart of Melbourne’s housing affordability crisis: property prices have soared over the long term, but not for all properties. There aren’t enough homes, but there are too many of the wrong type of home. Young families have...
VIC Government slashes stamp duty for off-the-plan Townhouses; savings available immediately, 21st Oct 2024.
Dear Fellow Property Investor, Victorian government's stamp duty cuts on off-the-plan apartments, units, and townhouses offer significant savings for property buyers. Learn more about eligibility, how to benefit, and why now is the prime time to buy with these expanded concessions. In a significant policy move aimed at stimulating the property market, the Victorian government has announced a major reduction in stamp duty for off-the-plan apartments, units, and townhouses. Effective from October 21, 2024, the expanded concessions will apply to all eligible off-the-plan purchases and will...
The Melbourne suburbs where rents jumped 30 per cent in one year!
Dear Fellow Property Investors, Landlords in the majority of Melbourne rental markets are asking for more rent than this time last year, some by as much as 34 per cent, even as the hot market starts to lose steam. Houses and units in most suburbs recorded double-digit growth in the year to September, and only seven markets were stagnant or went backwards over the same period. It comes as the most recent Rent Report from property listings site Domain found median house and unit rents were stable during the September quarter, though they remain at unaffordable and record highs of $580 per...
Are you thinking of buying Melbourne Investment Properties in 2024 whilst they are still cheap?
Are you thinking of buying Melbourne Investment Properties in 2024 whilst they are still cheap? Remember that not all Melbourne property is created equal; you need to know where to buy, what to buy, and which suburb represents the best value for money! Dear Fellow Property Investor, Australia’s housing market has had a mixed start to spring, but PropTrack data has revealed a number of suburbs around the country that have seen massive growth over the past 12 months. The data looked at Melbourne suburbs with at least 100 sales for the year, revealing that some areas had experienced...
Chart shows Melbourne’s impending property BOOM!
Dear Fellow Property Investor, They say a picture can be worth a thousand words…. Check out the latest HTW Australian National Property Clock for Melbourne! That’s right, Melbourne has been slowly moving though the bottom of the housing market property cycle and is now in the best possible section of the property clock – 8:00 o’clock, moving onto 9:00 o’clock which coincides with the BOOM phase! The BOOM phase starts at 9:00 o’clock and peaks at 12:00 o’clock… Remember… You will ONLY get one opportunity like this every 10 years! So let me ask you a question… Do you have a game plan for...
Melbourne homes are now 41% cheaper than those in Sydney, a $600,000 difference, marking the largest price gap in 20 years.
Dear Fellow Property Investor, Sydney has long been Australia’s most expensive city for homebuyers, but the price difference between Sydney and Melbourne has reached unprecedented levels. PropTrack’s Eleonor Creagh said that as of August, Sydney’s median house price is 70% higher than Melbourne’s, with Melbourne homes now 41% cheaper – a $600,000 difference, marking the largest price gap in 20 years. Housing supply and land constraints drive Sydney’s premium. One significant factor behind Sydney’s rising premium is its constrained land supply. Sydney’s natural features, including its...