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CoreLogic: Melbourne property values could reach new heights by January 2020!

Forget the downturn - Melbourne's property values could reach record heights as early as January, with strong spring results promising good times ahead for vendors in 2020. Melbourne's property market is on track to make a full recovery from the downturn and reach record high values by January, new research shows. Rapid improvements in house and unit values over spring means the market may have completely corrected by early in the new year, leading property data firm CoreLogic suggests. Property values have started to improve since June, after an 11.1 per cent drop that began at the...

[New Video] Top Melbourne Suburbs That Are Set To Grow By 18% To 20% Over The Next 3 Years Revealed! …Plus 8 Suburbs You Need To Avoid At All Cost In 2020 And Beyond.

Top Melbourne Suburbs That Are Set To Grow By 18% To 20% Over The Next 3 Years Revealed!

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. After a two-year slide, Australian house prices look to have bottomed out, sending buyers flocking back to the market. The sudden turnaround in sentiment can be traced to three factors: Following the conclusion of the federal election, the property market has regained stability as a result of the securing of negative gearing and capital gains tax, two, the Reserve Bank slashing interest rates to its lowest ever levels and three, the Australian Prudential Regulation Authority (APRA) removing the...

Melbourne house prices will soon be growing at double-digit rates!

Melbourne house prices will soon be growing at double-digit rates!

Sydney and Melbourne house prices will be growing at more than 12 per cent per annum by the middle of next year, one of the nation's largest banks has forecast as the Reserve Bank talks up the chances of the economy recovering in 2020. Economists with the ANZ believe a change in sentiment along with cuts in interest rates and the federal government's income tax reductions will super-charge Sydney and Melbourne to a point they will effectively wipe out the price falls recorded between 2017 and early this year. Sydney dwelling prices rose by 75 per cent between 2012 and 2017 while over the...

[New Video] The Impact of Supply and Demand on Australian House Prices in 2019 and 2020

The Impact of Supply and Demand on Australian House Prices in 2019 and 2020 – By Konrad Bobilak

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. You probably have heard an old saying; "Land Appreciates and Buildings Depreciate", hence the money is always in land. Which brings me to one of the most important Key Drivers of Capital Growth to appreciate (and there is quite a number of them) is that Not All Land Is Created Equal. That is, 150 square metres of land in Richmond will always outperform 1,000 square metres of land in Sunbury. Always remember that 80 per cent of the growth is based on the location, and only 20 per cent of growth is based on...

Sydney and Melbourne begin housing market recovery: HTW Property Clock

National Property Clock Houses - Investors Prime Real Estate

The housing markets in Sydney and Melbourne are all starting to recover, according to valuation firm Herron Todd White. Their October National Property Clock sees them move from the bottom of the market to starting to recover. Sydney only spent one month at the bottom of the housing market with their bounce back in prices being sharp. The outer suburbs of the capitals are again catching on the coat tails of their bigger neighbours. The likes of Geelong outside of Melbourne and Newcastle and the Illawarra region outside of Sydney are also starting to recover. The Illawarra went straight...

The Melbourne Housing Market Rebound Gathers Steam!

The recovery in the housing market is gathering momentum through the first month of spring but policy makers and regulators remain relaxed about the rebound to date, according to an analyst. Property research firm CoreLogic's September home value index results revealed the national index posted the largest monthly gain since March 2017, largely driven by a strong rebound in Sydney and Melbourne where values were up 1.7 per cent over the month. CoreLogic's Hedonic Home Value Index reported that national dwelling values rose by 0.9 per cent over September. This marks the second month of...

The Melbourne Property Market Is Sizzling! Latest RP Data September Report Reveals…

The Melbourne Property Market Is Sizzling! Latest RP Data September Report Reveals...

Sydney and Melbourne have continued their resurgence over September, jostling for the best performing capital. They both saw dwelling values rise 1.7 per cent, taking Sydney's quarter value rise to 3.5 per cent, slightly higher than Melbourne's 3.4 per cent. Last month both saw 1.6 per cent gains. The two major capital city markets are now the best performers over the quarter, dating back to July, the first month they recorded value gains after over 18 months of declines. The bounce back in Sydney and Melbourne continues to be driven by houses which rose 1.9 per cent over September....

Latest ABS Figures Show That Property Investors Are Back In The Market, Accounting For 32% Of Mortgages In Sydney And 26% In Melbourne In September!

Latest ABS Figures Show That Property Investors Are Back In The Market, Accounting For 32% Of Mortgages In Sydney And 26% In Melbourne In September!

Sydney and Melbourne remained the best performers in September due to the increased participation of property investors, according to the latest report by CoreLogic. The two cities both reported price gains of 1.7% on a month-on-month basis. For the three months September, Sydney and Melbourne also reported the most substantial value growth at 3.5% and 3.4%, respectively. The two housing markets lifted the overall growth in dwelling values by 0.9% monthly and 1.7% quarterly. The growth in these two cities can be attributed to the strong activity by property investors. Figures from the...

Learn To Pay Off Your Home Loan In 10 Years Or Less, And Use The Savings To Build Your Very Own Property Empire In 2019!

Learn To Pay Off Your Home Loan In 10 Years Or Less, And Use The Savings To Build Your Very Own Property Empire In 2019! Konrad Bobilak

Dear Fellow Property Investor, Here are the 2 key concepts that I will be teaching at my live Melbourne event: How to smash your current home mortgage in record time!, and How to build a property portfolio that will have the potential to replace your current job income. Interested in learning more? Then keep reading... You see, one of the most important concepts that you can learn in your lifetime is how to correctly structure your personal finances, and create a system that enables you to pay off a typical 30 year principal and interest home loan in 10 years or less. And while this...

The Melbourne Property Market Has Turned The Corner in 2019 & Is On the Rise Again

The Melbourne Property Market Has Turned The Corner In 2019 And Is On The Rise Again! Konrad Bobilak

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Here is what you will learn by watching this video: One of the fundamental principles of investing in property in Australia is to appreciate that the market moves in distinct cycles which are characterised by periods of strong capital growth and demand for properties, through to periods of flat-lining market, following periods of distinctive falling median prices, lower demand for properties, and a decline in property prices. The general rule of thumb is that these property cycles last 7 to 10 years, and can...