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  • ‘Happy end of an era’ auction day

    The self described ‘cool nanna’ Loretta Flint, 85, of Altona Meadows described the experience of selling her family home of 40 years at auction today as “a happy end of an era”.

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  • What’s Next for Property Markets?

    Predictions of how property markets are likely to behave into the future are always risky, especially if people rely on them. You’d want to be pretty certain the predictions will play out in the manner forecast or risk the livelihoods of those that make real estate decisions predicated on such … Read more

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  • Waiting on Spring to Sell?

    During the winter months, when market conditions can flatten out, vendors often choose to hold off on their selling plans until spring when both gardens and moods improve. In a balanced market, this can be a reasonable strategy; an attractive garden can add genuine value to a property and there … Read more

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  • Which Stat?

    Property market analysis can be confusing with the major data houses and property commentators using a variety of price assessment methodologies in their published analysis. For example, according to Core Logic, Perth’s median dwelling value is $813,810 as at 31st May. Ray White group’s Chief Economist reckons Perth’s ‘geometric mean … Read more

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  • Which Agent?

    Much has changed in real estate practice since I first entered the fray in 1998. Back then, sales agents would erect their own signs, call the ‘West’ to lodge their weekend adverts (yes, there was no online advertising) and drive buyers around in their ‘sensible sedans’. Typically, agents would carry … Read more

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  • Rate Cut Impact

    This week’s decision from the Reserve Bank of Australia to reduce the official cash rate to 3.85 percent during a period of property price growth is likely to sustain the current upward market trajectory. As the cost of borrowings fall, access to funds from buyers previously unable to meet the … Read more

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  • Why Auction my Property?

    With property listings across the Perth metropolitan area continuing to hover under 5,000 week to week, there’s little doubt that the current ‘sellers’ market’ conditions are likely to prevail for some time. With strong demand for quality homes our most popular method of sale, private treaty, normally attracts multiple offers … Read more

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  • And Now for Housing?

    Federal Labor’s emphatic victory in this week’s election lays the foundation for the government to get on with implementing the housing policies they promised to deliver during the campaign. When asked by ABC’s 7:30 last week if the Prime Minister secretly harboured plans to review negative gearing and capital gains … Read more

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  • Fighting for Renters

    Greens’ leader Adam Bandt’s appeared at a press conference recently sporting a t-shirt claiming he was “Fighting for Renters”. The progressive-left party wants to prevent investors with more than one property from claiming the expenses of owning additional rental homes from their taxable income. They also would like to impose … Read more

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  • Housing This Election

    Housing affordability is dominating this election campaign. Higher property prices, limited supply and increasing demand have made it increasingly difficult to enter the housing market. Both major parties have proposed different policy platforms to address housing and while both recognize the need for action, their approaches differ in philosophy, scope, … Read more

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  • Shares Versus Property

    The Donald upended the global economy this week, crashing share markets here and abroad. The economic upheaval has dramatically altered interest rate expectations. Markets now anticipate an almost certain 0.50 per cent cut at the RBA meeting next month. A cut of this magnitude will benefit mortgage holders, reduce cost … Read more

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