An auctioneer’s take on the market
Agents and Auctioneers see the market differently. Agents have a far more grassroots understanding of the market. The Agent sees the individuals that come to a particular property and, from the number and type of buyers interested, makes generalisations about how the market is doing. Strong demand for one property or another will often be…Read More→
Okay, now, but perhaps not so good later.
The Federal Government secured a compromise with the Greens so they could pass their $10 billion Social Housing Fund. Now, if you haven’t been putting in the effort to understand what that really means, and I don’t blame you, let me quickly explain. The Government isn’t going to spend $10 billion on housing. They are going…Read More→
Is increased immigration boosting property prices?
Net overseas immigration last financial year saw 400,000 more people come to Australia, and this financial year, it looks like we will add another 300,000 people. Promotors of Real estate are shouting this Net Immigration number is massive and will push up property prices. It’s a neat argument, focusing on one data point (net immigration)….Read More→
The Best way to approach Rent Increases
One of our long-term clients asked us how we think through rent increases and the strategy we use. She referred to a newsletter I wrote many years ago and asked quite reasonably if our approach was still relevant given the nature of the rental market and the changes in law. Our strategy So first, I’ll…Read More→