Posts by Cate Bakos
What happens when a property passes in? – Australian Property Investor Magazine
Sourcing a rental appraisal… why it’s so important
Sourcing a reliable rental appraisal should be at the top of an investor’s list when considering purchasing an investment property. We aren’t talking about getting the highest number you can get on an agency letterhead; it needs to be an achievable number from a reputable agency that you can confidently base your cashflows on. There…
Read MoreDoes land equate to capital growth?
There’s a common misconception that larger land has inherent value in its potential to develop down the track. Not all land is created equal, and not every investor is suited to a strategy which prioritises land size over potential capital growth, rental yields, tenant vacancy and maintenance requirements. When we’re chatting to agents about our…
Read MoreWhy would buyers take advantage of this market?
“Be greedy when others are fearful, and fearful when others are greedy”. Warren Buffett has famously quoted this line and has successfully applied it to varying asset class investment activity. Given that supply and demand drive market prices (whether it be shares, bonds, or property), it is vital for investors (and particularly speculators) to be aware…
Read MoreSelling a deceased estate: the art of letting go – Realestate.com.au
Villa Units…. what are they?
In property, the term ‘villa’ is not completely unique, but it is confused. British, American and Europeans are often perplexed by our Melburnian reference to something that is broadly understood by them as a flat or a unit. And their association with the word villa often conjures up a picture of a mediterranean oasis with grand architecture…
Read MoreAuction Bidding Tactics – Australian Property Investor
Outperforming Properties
Melbourne’s market is in a state of correction and can best be described as ‘patchy’. Buyers are generally erring on the cautious side and feeling less compelled to pounce on a property in anticipation of what could happen in Spring, and agents are more amenable to selling a property prior rather than taking a risk at auction. Auction pass-ins…
Read MoreAn entire postcode of Heritage Overlay?
Bidding for investor clients in Ballarat’s beautiful pocket of Soldiers Hill yesterday required some fortitude when the rain arrived. Bracing for the downpour and congested on the little verandah, buyers, onlookers and neighbours gathered to watch the gorgeous two bedroom, renovated weatherboard cottage go under the hammer. We had selected 303 Ligar St as…
Read More