Great Ocean Report – September 2019

Spring
is here and as the temperatures increase so does the activity in the Australian
property markets. With so much economic news pumped into our daily lives, it is
hard to understand exactly what is happening and how it will affect each
property market in Australia. As usual, we will do our best to demystify what
is happening for you in plain English. 

As
we have discussed previously in our Great … Read the full post »

Great Ocean Report – end of financial year roundup

The
2018/19 financial year saw a slightly more subdued property market in terms of
volume, but still a very resilient coastal market in terms of price.  It is interesting to see the contrast in price
and volume of house sales in each town in our service area from the previous
financial year.

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

How’s the market?

As we head into Spring, which tends to be seen as the start
of the six month “selling season” which, on the coast, corresponds with the
warm six months of the calendar, I thought it would be good to provide a market
update. This will be handy for those who are getting ready to sell or have been
trying to understand what is happening so they can make some final decisions
around their … Read the full post »

Moving forward

Gazing into the crystal ball and forecasting what the future will bring is alway fraught with danger. However having been through 5 property cycles over the past 30 years I thought I would be brave, stand up on my soapbox and throw out a few predictions for the rest of this year in regards to the property market.

My impression is that potential property market participants (buyers and sellers) have been … Read the full post »

Day tight compartments

Worrying about the future and dwelling on regrets of past actions is a common human trait that nearly all of us would admit to periodically. It becomes a major problem when it overwhelms our thoughts to the point of affecting our wellbeing.

It can come in many forms and is often episodic depending on what is happening in our lives at that time. There is often a trigger event … Read the full post »

Great Ocean Report – April 2019

As usual in this report we try and demystify what is happening in the property markets and hopefully provide some clarity about where we are heading.

To establish some context for this article we need to establish that property markets are cyclical in nature and that there is not just one property market, there are hundreds of them in Australia. Each of these are affected by local drivers and also … Read the full post »

Kryptonite

If you have read this column for a while then you may have come to the realisation that I have a strong curiosity around what makes human beings act the way they do. What really intrigues me is the range of human emotions and how they vary from person to person, and even how people can change as their
circumstances alter. One of the toughest challenges is watching friends or family … Read the full post »

Great Ocean Report – February

We have been enjoying one of the best Summers, weather wise, on record and the love for our beautiful coastline is at an all time high. Many of the Surfcoast traders are reporting their best Summer ever due to the consistently high numbers of visitors drawn by the beautiful weather. The coastal real estate markets have been active but not immune to the negative sentiment witnessed in the metropolitan markets … Read the full post »

On purpose

I have recently returned from a leadership development course at Harvard in Boston where I was joined by 164 other participants from 30 other countries. This course is only run twice a year and it was a personally very rewarding week providing not only for new experiences but also providing clarity around my previously held beliefs.

The great thing about having such a diverse attendance is that you get to … Read the full post »

Great Ocean Report – December 2018

There is an incredible amount of property market commentary in the media at present and as usual, we will try and separate the facts from the smoke and mirrors.

To set the scene we need to discuss some principles of property markets. Firstly, they are cyclical but they are not uniform. Secondly, they are self-perpetuating. Thirdly, things are never as good or as bad as they seem. These may … Read the full post »

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