Posts by Cate Bakos
The importance of saying no…
After four straight years of strong performance, heady auction results and highly competitive buying conditions, Melbourne’s market pace has finally slowed down to a more balanced market. What felt like the run-that-would-never-stop has been tackled by APRA (our prudential regulator) and our auction clearance still sits above 60%; technically not quite a buyer’s market, but…
Read MoreThe Melbourne suburbs where unit prices are growing faster than house prices – Domain
Property Investor or Property Speculator?
There are multiple property investment strategies out there and while some Advisors have a preference for a specific strategy, there is no right or wrong answer, provided the investor achieves a suitable outcome. The differences in strategies revolve around how the debt is treated. It is either retired passively, retired in measured increments, or it…
Read MoreWhy it’s worth finding a cheaper mortgage – Smart Investor
Old Pubs…
Many of us love a nice old pub… but what about when it comes to buying one? This week’s exciting finalisation of a converted pub purchase in Ballarat bought many emotions and considerations to the table and it made me consider all of the reasons why pubs raise so many questions yet are such rewarding capital…
Read MoreMore than one way to buy a property – 4BC Radio
When an emotional decision overrules
We say it often to clients. “This is a financial decision and you need to separate emotion from the process.” It might be the selection of an investment property that matches all of the criteria set by the strategy, or it could be the avoidance of a home purchase due to a fundamental issue that…
Read More37 Australian Property Experts Reveal Best Buying Tips For An Investment Property – Property Investory
Five compelling reasons to buy west…
This weekend we proudly represented four clients with purchase attempts, two successfully, and interestingly, both were in the same suburb and each had some commonality. Both were double storey townhouses in Newport, and both were priced in the 6’s. Our first successful purchaser came to us with a desired investment budget of circa-$600,000 and a…
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