Archive for the ‘Interest rates’ Category

What to do when you don’t know what to do

What to do when you don’t know what to do

We all have to make decisions every day of our lives. We are all different in our ability to be decisive. Some are happy to “go with the flow” while others find it an anxiety ridden process where their fear of an incorrect decision leading to a negative outcome can almost be paralysing.

This can get amplified when it comes to … Read the full post »

Great Ocean Report – April 2017

At present there is a significant amount of property market commentary happening in the press. Topics such as housing affordability, negative gearing, capital gains discounts, housing bubbles, rental stress, APRA regulations, RBA policy and record prices are appearing daily in all forms of main stream media. As is usual with our reports, we will do our best to explain what’s actually happening.

The first thing you need to understand, and … Read the full post »

Selling in winter

We often get asked when is the best time to sell your property. Like anything in real estate there are no absolutes, it is a judgement made on the basis of probabilities of many factors. Winter is generally regarded as the low season for selling on the coast. This judgement is mainly made on the decreased foot traffic that the coast experiences at this time of year. Interestingly in the … Read the full post »

What is a housing bubble?

Recently, almost on a daily basis, we have been seeing property market commentary from “experts”, mostly economists warning of “Australia’s housing bubble”. Most people understand the concept but I thought I would clarify what it is and what it is they are concerned about.

According to Wikipedia, “a property or housing bubble is a form of economic bubble normally characterised by a rapid increase in market prices of real property … Read the full post »

Bidding at Auction

Bidding at auction can be quite intimidating for those who have never done it before. In reality, given that most people only transact in real estate once or twice in their lives, the opportunity to practise is quite limited! There are a few tips to it though that I’m happy to share.

The first tip I will give you is – don’t do it! If you can hire a professional … Read the full post »

2016 / 2017 New Years Update

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Great Ocean Report – November 2016

As we are about to roll into Summer and the end of 2016, we are now in a position to reflect on the significant market influences that have been driving, what has again been, an extremely buoyant year for the real estate market on the Great Ocean Road.

Stock levels (properties available for sale) are at an all time low. Having multiple interested parties in properties for sale has been very … Read the full post »

Great Ocean Report – September 2016

As Spring is upon us, it’s time to report on what has been an incredibly busy winter and look at what is probably the most fascinating property market and trading conditions that we have witnessed. There has, as usual, been a lot of commentary in the press as to the state of the Australian property markets and we will again try and demystify what is happening for you.

The best analogy … Read the full post »

Strategy vs Tactics

Over the past 25 years I have been a keen observer of the behaviour of asset markets and their participants. I have closely watched both the share market and the property market and have seen fortunes made, and plenty lost, in that time. When I look back over that period, a common trait of those who I have watched thrive is that they knew the difference between strategy and tactics.

The … Read the full post »

Great Ocean Report- July 2016

Our July report is always dedicated to a look back on the performance of the Surfcoast property market for the previous financial year. The 2015/16 financial year saw a very active coastal market buoyed by low interest rates and continued positive sentiment from the metropolitan property markets.

So let’s look at the performance of each of the towns during this period. As a reference these sales are house sales, that is … Read the full post »

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