Sydney's North Shore spotlight: Increased Asian interest
Sydney’s North Shore has seen increased buyer activity over the last few months, according to local real estate agents, developers, and industry leaders.The North Shore suburbs include: Roseville,...
View ArticleKnowing when to sell your investment property
When it comes to owning an investment property, investors tend to put most of their efforts towards selecting the asset, financing it and negotiating the purchase. After they buy, they attend to...
View ArticleMelbourne and Sydney markets have peaked
Growth in the Sydney and Melbourne property markets may have peaked, according to RP Data senior research analyst Cameron Kusher.An RP Data report showed Sydney and Melbourne recorded strong annual...
View ArticleBuyers bidding over asking price increasing, FHBs holding back
New research has found that sellers are increasingly willing to pay more to secure the property they have their sights set on, with those willing to offer or bid about the reserve price of a property...
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Positive news for Australian property
Tis the season to be jolly’ with this year’s Christmas bringing good news to our property market!Rents are down and there is capital growth in most capital cities. All players in the market will be, or...
View ArticleLetter from the editor: Talking about "foreign" buyers
Discussions I have with Property Observer reporters and those at other property media outlets have become increasingly concerned with the terminology around "foreign" property buyers. That is, when...
View ArticleFirst home buyers have choices; but they deem distant western Sydney option...
Its never been easy. Every generation of first home buyers has faced affordability obstacles and choices, but the noisiest of the latest batch of first home buyers would prefer to bleat rather than...
View ArticleAre agents potentially underselling in a hot market?
Many real estate agents currently working in the industry have never experienced market conditions like we are experiencing across Australia today. They have in the past been concentrating their...
View ArticleHouses outperforming units
Detached houses have now overtaken units as the best performers across the capital city property markets, according to new data.RP Data’s Property Pulse reveals that across Australia’s combined capital...
View ArticlePostcode 2088 - aka Mosman - harvests continued significant Chinese residency...
The latest off-market $9 million plus sale on Elfrida Street, Mosman to Chinese buyers - double anything prior on the street - caps off a year of sustained buying interest in Mosman by the...
View ArticleVendor rush good news for buyers
A surge in the number of properties up for auction and a slight cooling of clearance rates could tip the balance to bidders this weekend.Sydney is set to host its highest ever number of weekend...
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Buying affordable housing in capital cities is getting harder and harder
In the capital cities, two out of every three properties sold were for less than $600,000 (68.8%), while in the non-capital markets, nine out of every ten properties sold transacted for below that...
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North, south, east or west: How can investors make the most of house aspect?
North, south, east, west and all the variations in between. Real estate advertisements regularly highlight a property’s aspect and light-filled interiors in order to attract buyers. In Australia,...
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Smaller homes to combat housing affordability
Data released by the Australian Bureau of Statistics (ABS) earlier this week shows that the average floor area of a new home is starting to fall which is most likely a response to escalating vacant...
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Where would you buy if you were a first home buyer looking for a house?
The other day someone asked me if I was a first home buyer where would I choose to buy? It’s a tough question, particularly if I was looking to buy my first home in Sydney where the median house price...
View ArticleUpgraders must be wary of rising market: Smartline
Upgraders, our largest buyer segment in the Australian market currently, could lose tens of thousands of dollars if they delay their plans in a rising market.While much of the attention is on first...
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Surry Hills auction price silliness won't necessarily be contagious
There is no doubting the auction momentum.What started out last spring as good clearance rates has well and truly turned into market strength - though not in every Sydney pocket and price bracket.There...
View ArticleMarketing your property to Chinese buyers
Chinese foreign investment makes up a significant amount of Australia’s real estate market.A recent report by KPMG and the University of Sydney’s China Studies Centre revealed that Australia maintained...
View ArticleOff-the-plan values coming back at 15% below purchase price
Sydney’s off-the-plan apartment market is in a property ‘bubble’ and is an inflated market that valuers are seeing through, according to Just Think Real Estate’s Edwin Almeida.Pointing to the Sydney...
View ArticleFirst home buyers priced out of the market
First home buyers have remained on the sidelines despite the advantage of low-interest rates and government stimulus for new properties.SQM Research’s managing director Louis Christopher has told a...
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