AgentOnline

Australian property market to avoid crash, but price growth moderate to 2014: BIS Shrapnel

David Meadowcroft — Mon, 27 Jun 2011 04:37:27 +0000

The Australian property market is not set to crash anytime soon, a new report from BIS Shrapnel has found, with prices expected to remain steady over 2011 and grow moderately over the next two years. The report pins Sydney, Perth and Brisbane as the cities likely to record the fastest residential property growth in the [...]

The 10 P’s of Property Sales

David Meadowcroft — Fri, 20 May 2011 05:06:06 +0000

You know the 3 P’s of buying property – Position, Position, Position but what about selling property? Are there common principles that also apply to selling? Many purchasers subsequently become sellers so it is not unusual for us to assist clients in both roles over time. Therefore, this issue is dedicated to the specific concern [...]

Do Real Estate Agents REALLY Influence Prices?

David Meadowcroft — Thu, 07 Apr 2011 02:02:05 +0000

So many times I read articles in the Press about rising Real Estate values, and quite often these articles are accompanied by comments from the public accusing Real Estate Agents of inflating values and making Real Estate unaffordable. This makes about as much sense as saying the young girl who gives you great service at [...]

A Story 23 Years in the Making!

David Meadowcroft — Wed, 02 Mar 2011 03:41:14 +0000

I’ve waited 23 years to tell this story. Well, not really… because I have been telling it FOR 23 years, but now I have a reason to share it with you. I have always had a problem with how the media report sales prices, and in particular the reporting of an agenda – “Prices are [...]

The Four Prices a House Sells For

David Meadowcroft — Fri, 25 Feb 2011 04:55:06 +0000

I’ve always said there are 3 prices a house sells for, but now I realise there are four. The trouble is, if you are thinking of buying or selling a property nearby, you need to know the real price out of these 4. What are the 4 prices? Firstly, there is the price the buyer [...]

National Consumer Credit Protection Act

David Meadowcroft — Mon, 14 Feb 2011 13:30:30 +0000

What effect will this have??? The National Consumer Credit Protection Act has now come into force, with some ramifications that I think have so far gone “under the radar”.. “What the new laws effectively mean are that the obligation is now firmly on banks and brokers to ensure that a borrower has the capacity to [...]

Interest Rates on Hold for February

David Meadowcroft — Tue, 01 Feb 2011 05:08:17 +0000

Home owners have been spared another rise in mortgage repayments, with the Reserve Bank opting to keep interest rates on hold while it weighs up the economic impact of the floods in Queensland and other parts of the country. At its first meeting for 2011, the RBA kept the official cash rate at 4.75 per [...]

Bueller house up for sale – Anyone…anyone…

David Meadowcroft — Sun, 30 Jan 2011 09:52:24 +0000

The house made famous for housing the 1961 Ferrari 250 GT California in Ferris Bueller is up for sale. Anyone…anyone… See more here

Where is the Housing Market Heading in 2011?

David Meadowcroft — Fri, 28 Jan 2011 08:30:54 +0000

What a difference a year makes for the Australian housing market. Twelve months ago, Australia’s housing sector was steaming along, with most metropolitan cities enjoying year-on-year price growth well above 10%, and some commentators starting to fret that the market was starting to look decidedly overheated. As agents around Australia gear up for the start [...]

Drop in First Home Buyers Keeps Property Prices under Pressure

David Meadowcroft — Mon, 24 Jan 2011 09:10:01 +0000

The number of first home buyers looking for properties has dropped dramatically over the past year, creating fewer prospective property owners that is producing a softening effect on prices, experts say. Finance and mortgage analysts say higher interest rates and the lack of stimulus in the form of an extended first home owners grant is [...]