A recap and wrap-up of property in 2017

The year is quickly coming to an end and with less than three weeks until Christmas, we take a look back at the property market in 2017. Looking back at 2017 It has been an interesting year in the property market for many reasons. Rising prices have continued to [...]

By | 2017-12-06T08:46:47+00:00 December 6th, 2017|Buying a property, Homeowner, How to, Investment|0 Comments

Preparing your home for a summer sale

Summer officially starts this week which means there are only a few weeks for buyers to secure a home before the year’s end. With the large number of properties currently on the market, there are a few things you can do as a seller to make sure your property [...]

By | 2017-11-29T10:34:31+00:00 November 29th, 2017|Buying a property, First homebuyer, Homeowner, How to|0 Comments

How to prepare for a pass-in

We have seen lots of properties sold under the hammer, but coming into the final weeks of 2017 we have entered a different market that puts buyers in an ideal position. With plenty of stock to choose from, this could lead to more pass-ins at auction. Vendors need to [...]

By | 2017-11-22T09:57:47+00:00 November 22nd, 2017|Buying a property, First homebuyer, Homeowner, How to|0 Comments

How to negotiate purchase price

The year 2017 is quickly coming to an end, and with plenty of properties on the market now is the time to buy. December is usually characterised as a buyer’s market, with plenty of stock to choose from, making it more competitive for vendors. Buyers who have done their [...]

By | 2017-11-15T10:43:07+00:00 November 15th, 2017|Buying a property, Homeowner, How to|0 Comments

Shortlisting properties and coming up with a plan to avoid disappointment

Buying a property is very time consuming and you can spend hours on various property sites, looking for your next house to either live or invest in. Once you have found a house or apartment you find interesting with the attributes you’re looking for, it is imperative to spend [...]

Tips to avoid missing out at auctions

It’s a competitive market and it’s incredibly disappointing to miss out a property that you’ve fallen for. We’re seeing auctions passed in each weekend and a steady increase of sales prior to auction – a sign of the competiveness out there to secure a property. We’ve shared some tips [...]

Top tips before you ‘spring’ into action

Melbourne’s residential property market has created wealth for many astute homeowners and investors in recent years with figures revealing 35 consecutive quarters of growth during the most recent cycle, representing an increase of more than 42% to the median dwelling price in Melbourne. However, the diverse landscape of Melbourne’s housing [...]

Negotiating for success when a property passes in

Despite strong demand it’s not uncommon for a portion of properties to pass in at auction. Reasons can range from poor interest in a property or unrealistic price expectations, to the timing of the auction relative to other key events, among others. Irrespective of the reason, it doesn't necessarily spell [...]

Median house prices edging closer to the magical $1 Million

Written by: Greville Pabst, Executive Chairman of WBP Group If you ask the average planner, our population is expected to reach 8 million by 2050. But, planners are usually conservative. I believe we will hit this target much quicker and Melbourne is attracting the lion’s share of migrants. We [...]

The market for property under $750k remains strong

Written by: Greville Pabst, Executive Chairman of WBP Group What is clear is that the market for property under $750k is in very strong demand amongst first home buyers. This group currently represents only 15 % of our market but government stamp duty changes and grants have made this sector [...]

By | 2017-09-22T10:47:59+00:00 August 30th, 2017|First homebuyer, How to, Insights with Greville Pabst|0 Comments