Zoning absolutely matters

#Industrial

Over the past week I’ve had two prospective clients ask me about the suitability of their property selections as they canvas the market for their home. My responses to both were very similar. “I don’t recommend it at all.”  My reason was all about the zoning of the property. Unlike some of my words of caution where…

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The Quote Range, the Reserve and the Statement of Information….

#69Castlemaine 4

Like no other real estate topic, this one gets hearts pumping and sometimes tempers frayed. So many people misunderstand the legal rules though, and in particular the relationship between the three. This is understandable, particularly given we’ve had recent changes to our Victorian legislation around how agencies can represent a price expectation on a property…

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What’s your ‘why’?

#flip Strategy Drawing

I presented recently to a crowd of interested property investors and as I always find, the answers at the end of the presentation were varied and thought-provoking. People often ask situational questions that give me an insight into what they are considering, what they’ve already signed up for, or what has perhaps frightened them. It’s no…

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The importance of saying no…

#bargain Is Irrelevant

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…

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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…

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