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The latest happenings in the Melbourne property market. For our Essays and The Secret Agent Report, see our Research page.


Early Australian housing

earlyaushouseAustralia day has just been and gone but if you where living in this country in the late 1700's, how did you build your home to be comfortable and adapt to the climate?

Well obviously comfort was never an easy option for early Australian settlers!

Early Australian homes where very primitive and built mainly from the abundance of timber. These early homes often had no walls and the timber was used for used for walls, roofs, floors, doors, windows and even chimneys.

The Australian property mindset has always been 'the detached house on a quarter acre block'. We have started to see a shift in this way of thinking in our capital cities for some time but expect a massive change over the next 5 years on how we live and build!

 

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So what is a Buyers Advocate?

It can be a little confusing I know. According to the Real Estate Institute of Australia the official meaning for a buyers advocate is:

BUYERS ADVOCATE / AGENT – 'Represents a property buyer in negotiations with a vendor or his/her agent. The buyers advocate is paid by the buyer. A buyers advocate should be licensed and certified to act as a buyers advocate'

Think of a normal real estate agent representing the seller and then reverse this process so the agent is acting for the buyer, their role is to make sure the purchaser pays as little as possible for the right property saving the purchaser money.

A buyers advocate is usually employed to act in two ways, the first being secure only where a buyers advocate will either bid at auction for the client or conduct negotiations on the buyers behalf on buyer found properties and the second being a 'full search' which the buyers advocate will also find the right property for the buyer as well as securing it.

By employing a buyers advocate to act on your behalf you get the real benefits of someone who has an in depth understanding of how to negotiate for property while also staying emotionally detached from the outcome which so often gets a buyer into a situation where they pay too much or simply miss out on their desired property. Investors also get the real benefits of being able to claim the use of a buyers advocate as a tax deduction, unfortunately for home buyers this does not apply (we are working on it!)

As a client once told me 'it's like having a heavyweight boxer in your corner', maybe a buyers advocate is worth considering for your next property adventure!

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Game of Thrones Season 7 Episode 1 Spoilers Rumors & Updates

Game of Thrones Season 7 Episode 1 : Cersei and the Faith Militant Lancel Lannister along with the Faith Militant comes to Cersei to take her to the High Sparrow to which she blankly refuses. When one their men tries to attack, he is brutally killed by the Mountain. She then tells the Militant that the High Sparrow is always welcome to see her in the Red Keep. Moreover, King Tommen announces the royal decision to end trial by combat.Dissapointed by this Cersei meets Qyburn who through Varys’ little spiders has found out something important.

Game of Thrones Season 7 Episode 1 Spoilers Rumors & Updates

Arya attacked

Watch Game of thrones season 7 episode 1 spoilers and updates online from our site. Lady Crane, the actress Arya was to kill, finds her lying in her chambers wounded. She nurses her helps hr stitch the wounds. Later we see the Waif finally finishing Arya’s job by killing Lady Crane. She then attacks Arya who escapes this time. The Waif follows Arya in the city until she reaches Arya’s hideout. We see Arya standing there cutting the only burning candle in the place with her sword needle. Later in the house of Black and White JaqenH’ghar finds a trail of blood and follows it to hall of faces. He finds Waif’s face lying there and Arya pointing her sword at him. He then congratulates her on finally becoming a No One, to which Arya refuses and tells him she’s Arya Stark of Winterfell and that she’s finally going home.  Jaqen looks at her proudly as she leaves. Arya’s training is finally complete, which is certainly a bad news to the ones on her hit list.

The episode, just like its predecessor, has set up to tone for the penultimate and the finale episode. While the viewers now await the great battle in the north, it would be equally exciting to know Cersei’s ultimate plan now that trial for combat is gone. Also, Khaleesi has returned, so fans are also keen to know how she plans to defeat the Masters and finally set upon her journey to Westeros. To know all this and more Game of Thrones info, feel free to visit us.


Up and Up and Up

UpArrowsmallAn interesting article appeared in the Age today about Melbourne house prices over the past 12 months.

Melbourne surged 25.2% in 2007 outstripping all other Australian capital cities.

With 1000 people moving into melbourne each week demand looks likely to increase however it is doubtful 2008 will be as strong as 2007.

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Good buying in Queensland

Queensland to me has always seemed the place where the more 'established' people among us migrate to get some warmer weather.

_Mango

Currently in a boom, Queensland is growth rate is nothing short of spectaclur with great forcasts ahead, So where do you buy in this roaring state? I say you go where the Mangoes are, Tullip is only 25 km from Townsville are is surging in vale however pricing is still we below nearing towns and with an expected inflow of 20,000 migrants over the next 2 years due to the food boom this could be a good chance to profit.

Enjoy the mangoes!

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Lifestyles of the rich and famous!

Welcome to Richard Branson’s island where for a cool $60,000US a night you can indulge yourself in the luxuries that would be expected to please Sir Richard…

If only we could all have a property on an island like this!
Guests to have stayed here include the Rolling Stones & the Beatles as well as the owners of Google having their wedding on the island.

 


Stamp Duty, is relief in sight?

An interesting speech by the Victorian premier today stated the government’s attempts to have a ‘relief package’ for the average 1st homebuyer was succeeding…
I think that all they are succeeding 1st home buyers to do is to keep pushing the boundaries of Melbourne by building in cheap area’s which have very little public infrastructure or transport. The way our cities need to grow is internally by making our city more compact rather than keep bulldozing land which does nothing for the environment and makes our people so reliant on cars.

Which would we prefer to be like, LA or New York?