Builders worried as stimulus fades


BUILDERS are worried there will not be enough private sector work available when the Federal Government stimulus programs end.

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Builders worried as stimulus fades

Clearance Rates In Sydney Rising

Residex collected 95% of all Auction sales across NSW for the week ending 2nd July 2011.

The results are as follows:

Sydney Metro Clearance rate increases slightly to 56%

Regional NSW Clearance rate remains unchanged at 29%

Dairy farm sale cracks market


NEVILLE Peck is a rare breed.

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Dairy farm sale cracks market

Rural land sales lift


INTEREST in the rural property market has picked up, according to leading real estate agents.

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Rural land sales lift

Renewed intrest in dairy farms


DAIRY farms aren’t tipped to reach the high prices of 2008 but the market is picking up, writes SIMONE SMITH

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Renewed intrest in dairy farms

Top 5 outdoor reno tips


Gavin Taylor, director at Metropole Property Strategists, shares with Your Investment Property the following tips when considering an outdoor makeover

 

  1. Make sure the building presents well: This may mean re-painting, re-roofing, modernising the spouting and guttering, replacing window frames, or reconfiguring the entrance area – it’s all focused on giving the building an excellent external feel.

  1. Provide outdoor entertaining: With our excellent climate, a good outdoor entertaining space is greatly sought after. This could take the form of a deck, or even better a pergola which might have a vine growing over, or a retractable sun-shade. Or perhaps a verandah added on to a family room.

  1. Outdoor lighting: In the evening, a garden or an entrance looks wonderful with good lighting. It can emphasise a feature or hide a blemish. Careful lighting can create an ambience of comfort and style which will make the property very desirable. Don’t forget to market the property at a time that shows this off.

  1. Car spaces: Off-street car spaces are worth a lot, both in dollars and convenience. And covered off-street parking – a carport or a garage – is right at the top of the pile.

  1. Landscaping: Landscaping can add hugely to presentation, usefulness and desirability – but can detract if done badly. Achieve a balance between maintenance, water efficiency and hard and soft surfaces to create a landscape in which the property stands out.

Your Investment Property

This article has been republished with permission from Your Investment Property magazine. Try our Loan Repayment Calculator and find the best repayment strategy for you.

Homesales.com.au


Homesales.com.auHomesales.com.au has launched a new free to list service for licensed real estate agents.

The no-cost offer is ongoing and is open to real estate agents selling residential properties Australia-wide. Homesales.com.au, the property arm of Australia’s No.1 automotive classifieds group carsales.com Ltd, launched in 2009 as a dedicated residential real estate site.

Homesales.com.au

TAHL in sales talks with Ascendas


ASCENDAS is rumoured to be in talks with Australia’s largest hotel owner, Tourism Asset Holdings, on the purchase of 20 properties.

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TAHL in sales talks with Ascendas

Mirvac looks ripe for picking


MIRVAC Group could be a takeover target for private equity, an Asian developer or local property giant Lend Lease.

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Mirvac looks ripe for picking

Credit to boost Charter defences


CHARTER Hall has boosted its line of credit with Westpac by $25 million to $100m for further investment opportunities.

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Credit to boost Charter defences

Marketing Your Rental Property Online

Welcome to the age of the Internet. Fortunately, the Internet provides several opportunities for those invested in the real estate market. Taking your real estate marketing campaign online offers you access to extremely qualified candidates to whom you may not otherwise be able to connect.

Centro completes US portfolio sale


Major step in moving to Aust-only model: chairman. 29 Jun 2011 2:22 PM

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Centro completes US portfolio sale

Grazing at Giffard


THE best of both worlds is on offer at this fantastic Giffard property.

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Grazing at Giffard

Tinamba West dairy for sale


THESE proud dairy farmers will work until the day they leave, writes CIMARA PEARCE

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Tinamba West dairy for sale

homesales.com.au give agents free kick


homesales.com.au has launched a new free to list service for licensed real estate agents. The no-cost offer is ongoing and is open to real estate agents selling residential properties Australia-wide.

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homesales.com.au give agents free kick

Reportfinder.com.au


Reportfinder.com.au is a concept dedicated to delivering a much needed service to the real estate and pre-purchase inspection report industry.

We endeavor to make the pre-purchase report part of your next property purchase as pain-free as possible by giving you access to reports that have already been carried out and introducing prospective buyers to qualified inspectors in their area.
Reportfinder.com.au

Valad Property scheme vote on August 1


Valad Property scheme vote on August 1… 28 Jun 2011 20:37 PM

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Valad Property scheme vote on August 1

Acorn Capital diluted to 9.07% in IPGA


Acorn Capital diluted to 9.07% in IPGA… 28 Jun 2011 18:23 PM

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Acorn Capital diluted to 9.07% in IPGA

Gen-Y ‘avoid rent’ to save for home loan


A SURVEY of mortgage-holders under the age of 30 found 71 per cent of respondents claimed never to have rented a property.

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Gen-Y ‘avoid rent’ to save for home loan

Housing exposure won’t bite our banks


Calls for Australian banks to reduce their property exposure not only ignore the fact that business loans are far riskier, but fail to recognise the broader stimulatory effect of property lending. 28 Jun 2011 12:12 PM

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Housing exposure won’t bite our banks

IMF buoyed by ASIC’s Centro win


Litigation funder to continue class actions against property group. 28 Jun 2011 10:30 AM

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IMF buoyed by ASIC’s Centro win

Directors feel Centro’s governance chill


Company directors have been put on notice through the Centro Properties case that they are still liable for their actions, irrespective of the advice of external experts such as professional auditors.

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Directors feel Centro’s governance chill

Property market set to improve


The residential property market has been slow recently, but a combination of factors will come together to see the market improve from 2011-12, predicts BIS Shrapnel.

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Property market set to improve

Westfield’s Lowy recovering from surgery


Company says operation on bile duct successful.

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Westfield’s Lowy recovering from surgery

A bellyache for property bears


Moderate housing growth until 2014 is on the cards for Australia, BIS Shrapnel says, but which areas will benefit the most? 27 Jun 2011 2:58 PM

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A bellyache for property bears

Fund manager fees ‘too high’


MACQUARIE Real Estate founder Bill Moss is questioning the fee-charging regime of listed property fund managers.

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Fund manager fees ‘too high’

Sydney Auction Results Saturday 25th June 2011


Total Properties: 322

Sold: 213

Withdrawn: 31

Cleared: 60%

Total Sales: $176,461,600

Median: $805,000

Suburb Address Type Price Result
Abbotsbury 13 Woodman Pl 4 br h $798,000 S
Acacia Gardens 1 Mapiti Pl 5 br h $540,000 S
Allambie Heights 41 Binalong Av 4 br h N/A PN
Annandale 1/192-196 Albion St 2 br t $780,000 VB
Ashfield 24 Carlisle St 2 br h $747,500 S
Ashfield 1/11 The Avenue 2 br u $450,000 PI
Auburn 172 Harrow Rd 2 br h N/A PI
Auburn 29 Union Rd 4 br h $650,000 S
Avoca Beach 4 Nurragi Cl 4 br h $646,750 SP
Balgowlah Heights 27 Woodland St S 3 br h $1,270,000 S
Balmain 7 Clay St 1 br h N/A PI
Bankstown 6/42 Dutton St 3 br t $388,500 S
Bankstown 56a Dutton St 3 br h $502,500 PI
Bankstown 68 Edgar St 3 br h N/A PI
Bankstown 333 Hume Hwy 2 br h $385,000 SP
Bankstown 44 Little Rd 3 br h $510,000 VB
Bass Hill 2/324-328 Hector St 4 br t $425,000 S
Baulkham Hills 2 Brokenwood Pl 4 br h N/A PN
Bayview 47 Kananook Av 3 br h N/A PI
Beaumont Hills 38 Millcroft Wy 4 br h N/A PN
Belfield 2/101 Madeline St 2 br h $420,000 S
Bella Vista 1 Fitzgerald Wy 5 br h N/A PI
Berala 156 Nottinghill Rd 3 br h N/A PI
Berala 3 Pamela Cr 3 br h N/A PI
Beverly Hills 19 Shaw St 4 br h $996,000 S
Beverly Hills 144 Stoney Creek Rd 3 br h $600,000 VB
Bexley 2 Halley Av 4 br h $920,000 S
Bexley North 26 Oliver St 3 br h $840,000 S
Birchgrove 189 Rowntree St 2 br h $980,000 S
Blacktown 37 Wilga St 3 br h $380,000 S
Blackwall 504 Orange Grove Rd 3 br h N/A PN
Blue Haven 9 McKellar Bvd 4 br h N/A W
Blue Haven 78 Roper Rd 4 br h N/A W
Blue Haven 79 St Lawrence Av 4 br h N/A W
Bondi 2/36 Bennett St 2 br u N/A SN
Bondi 18/10-12 Fletcher St 2 br u $820,000 SP
Bondi Beach 10/69 Curlewis St 2 br u $590,000 SP
Bondi Beach 304/10 Jaques Av 1 br u $719,000 SP
Bondi Junction 5/23 Allens Pde 2 br u $600,000 SP
Bondi Junction 12 Mill Hill Rd 3 br h $1,110,000 SP
Bonnyrigg 15 Kempt St 3 br h $468,000 S
Brighton-Le-Sands 7/20-22 Crawford Rd 2 br u $441,000 PI
Bronte 32 Alfred St 2 br h $1,260,000 S
Bronte 26 Brown St 4 br h $2,535,000 S
Cabarita 46/45 Phillips St 4 br u $1,420,000 S
Cabramatta 9 Woods Av 4 br h N/A PI
Cammeray 3/11-15 Moodie St 4 br t $1,105,000 S
Campsie 164 Beamish St 6 br h $1,481,000 S
Canada Bay 5/113-117 Regatta Rd 2 br u $545,000 SP
Canley Heights 30 Allenby St 4 br h $450,000 S
Canterbury 12a Unwin St 2 br h $490,000 S
Caringbah 39 Raleigh Av 3 br h $850,000 SP
Carlingford 4 Elsmore Pl 4 br h N/A PI
Carlton 1 Botany St 3 br h $831,000 S
Carlton 16 Henry St 4 br h $966,000 S
Carlton 10/23-25 Jubilee Av 3 br u $576,000 S
Carramar 1 Matthews St 4 br h $350,000 S
Carramar 257 River Av 3 br h N/A W
Castle Hill 4 Dresden Av 4 br h $745,000 VB
Castle Hill 11 Erlestoke Pl 4 br h $950,000 S
Castle Hill 153 Tuckwell Rd 4 br h N/A PI
Casula 1/13 Clune Cl 3 br h $400,000 VB
Chatswood 196/1 Katherine St 3 br u N/A SN
Chester Hill 111 Bent St 4 br h $586,000 S
Chiswick 113/1 Manta Pl 2 br u $535,000 S
Clemton Park 39 Chisholm Av 2 br h $725,000 S
Clemton Park 13 Lawn Av 4 br h $740,000 SP
Concord 14 Ada St 4 br h $1,050,000 VB
Concord 1/20 Gipps St 2 br t $532,000 S
Concord 65 Links Av 3 br h $1,150,000 PI
Concord West 44 Wilga St 4 br h $1,142,000 S
Condell Park 73 Taylor St 3 br h N/A PI
Coogee 3 Woodland St 5 br h N/A SN
Cremorne 30/1 Cranbrook Av 2 br u $625,000 SP
Cremorne Point 3/6 Wulworra Av 2 br u N/A PN
Cronulla 4 Cook St 4 br h N/A SN
Cronulla 34 Elouera Rd 3 br h $940,000 S
Cronulla 30 Seaview St 5 br h $1,320,000 S
Crows Nest 85 Hayberry St 3 br h N/A PN
Crows Nest 105/300 Pacific Hwy 2 br u N/A W
Croydon 17 Brighton St 3 br h N/A PI
Croydon 19a Cromwell St 2 br h $720,000 S
Croydon 53 Edwin St 4 br h $1,240,000 VB
Darlinghurst 167 Palmer St 4 br h $1,350,000 S
Dee Why 32/29 Howard Av 1 br u $445,000 SP
Dee Why 40 Monash Pde 3 br h $2,100,000 SP
Double Bay 6c/7 Ocean Av 2 br u $535,000 S
Drummoyne 9 Burnell St 4 br h $4,500,000 VB
Dulwich Hill 4 Canonbury Gr 4 br h $1,310,000 PI
Dulwich Hill 112 Denison Rd 2 br h $840,000 S
Dulwich Hill 129 Denison Rd 5 br h $1,490,000 S
Dulwich Hill 218 Wardell Rd 5 br h $1,255,000 S
Dundas 174 Park Rd 2 br h $542,000 S
Dural 20 Ravensbourne Cct 4 br h N/A PI
Earlwood 51 Richmond St 3 br h N/A PI
East Gosford 16 Lushington St 3 br h $305,000 S
East Killara 41 Eastgate Av 3 br h N/A PI
East Lindfield 30 Sydney Rd 5 br h N/A PN
Eastwood 4 Auld Av 5 br h $1,410,000 S
Eastwood 12 Gordon St 3 br h $1,075,000 S
Eastwood 14/10 Rowe St 1 br u N/A W
Eastwood 14 Tarrants Av 2 br h $773,000 S
Engadine 26 Mountain St 4 br h $646,000 SP
Engadine 4/24 Station St 3 br h N/A PI
Enmore 7/7-9 Tupper St 2 br u $517,000 SP
Epping 29 Rawson St 4 br h $1,260,000 S
Epping 7 Ross St 3 br h $732,000 S
Erskineville 46 MacDonald St 2 br h $875,000 SP
Erskineville 175a Union St 2 br h $1,060,000 SP
Fairfield 18a Codrington St 3 br h $450,000 VB
Fairfield West 45 Beale Cr 4 br h N/A PI
Fairfield West 16 Dampier Cr 3 br h N/A PI
Forest Lodge 3 Cross St 2 br h $820,000 SP
Forestville 11 Walkom Av 3 br h $680,000 S
Freshwater 32 Albert St 3 br h $935,000 SP
Georges Hall 10 Keswick St 3 br h N/A PI
Gladesville 75 Wharf Rd 4 br h $3,750,000 VB
Glebe 10 Walsh Av 3 br h $950,000 S
Glenfield 75 Atlantic Bvd 4 br h $470,000 S
Glenhaven 13 Blaxland Pl 4 br h $960,000 S
Glenorie 41 Cattai Ridge Rd 8 br h N/A PI
Glenwood 15 Bagala St 4 br h N/A PI
Gordon 19a Cecil St 4 br h N/A PN
Gordon 37 Elgin St 4 br h $1,070,000 S
Granville 4/47 The Trongate 2 br u $290,250 S
Greenacre 1 Kareela Cr 4 br h N/A PI
Greenacre 306a Waterloo Rd 3 br t $525,000 S
Greenfield Park 17 Moorina Cl 4 br h N/A PI
Greenwich 27 Manns Av 3 br h $1,775,000 S
Grose Wold 164 Avoca Rd 4 br h N/A PI
Guildford 64 Bangor St 2 br h $383,000 S
Guildford 68 Bangor St 2 br h $350,000 PI
Guildford 329 Excelsior St 3 br h N/A PI
Gunderman 7235 Wisemans Ferry Rd 3 br h N/A W
Gymea 112 Garnet Rd 2 br h $726,000 S
Gymea Bay 37 Darryl Pl 4 br h $910,000 SP
Harris Park 10/52 Weston St 2 br u $300,000 VB
Homebush West 10 Telopea Av 3 br h N/A PI
Hunters Hill 2 Abbey St 4 br h $1,670,000 SP
Hunters Hill 39 Farnell St 3 br h N/A PN
Hunters Hill 11 Francis St 4 br h $4,200,000 VB
Hurlstone Park 1 Barton Av 4 br h $955,500 S
Hurstville 6 Australia St 6 br h $1,339,000 S
Illawong 13 Kinsella St 4 br h N/A W
Illawong 20 Redman Av 4 br h $910,000 S
Jamisontown 5/14-16 Regentville Rd 1 br u N/A PI
Kareela 17 Struen Marie St 4 br h $925,000 S
Kensington 7 Brompton Rd 4 br h N/A PI
Kensington 63 Milroy Av 4 br h $2,400,000 S
Kingsford 6d/331-333 Anzac Pde 2 br u $590,000 S
Kingsford 17 Rigney Av 4 br h $1,291,250 SP
Kingsgrove 25 Kinsel Av 3 br h N/A W
Kirrawee 10 Pollard Pl 4 br h $560,000 S
Koolewong 209 Glenrock Pde 2 br h $260,000 S
Lakemba 7/85 Hampden Rd 2 br u N/A PI
Lakemba 12/65 Railway Pde 2 br u $290,500 S
Lakemba 2/116 Sproule St 2 br u $225,000 S
Lane Cove West 307 Burns Bay Rd 3 br h $1,250,000 S
Lavender Bay 27 Bayview St 4 br h $2,105,000 S
Leichhardt 161 Balmain Rd 2 br h $807,500 SP
Leichhardt 3/23 Emma St 2 br u $715,000 PI
Leichhardt 9/87-91 Flood St 1 br u $305,000 S
Leichhardt 4 Hawthorne St 3 br h N/A SN
Leichhardt 14 Lyall St 3 br h $1,150,000 VB
Leichhardt 2/59a MacKenzie St 2 br t $725,000 S
Leichhardt 62 Rofe St 3 br h $845,000 S
Lidcombe 72 Bombay St 2 br h $540,000 SP
Lidcombe 26/18 Clarence St 2 br u $305,000 S
Lidcombe 2 Edith St 5 br h $840,000 S
Lidcombe 53 Gallipoli St 4 br h $915,000 S
Lilyfield 85 Lamb St 3 br h $1,310,000 VB
Lilyfield 73a Ryan St 3 br h N/A W
Lindfield 58 Grosvenor Rd 3 br h $1,015,000 PI
Lindfield 79 Highfield Rd 2 br h $1,150,000 VB
Little Bay 65a Dwyer Av 5 br h $1,020,000 SP
Liverpool 7/51 Bathurst St 2 br u $290,000 SP
Liverpool 15 Northumberland St 4 br h N/A PI
Long Jetty 161 Tuggerah Pde 7 br h N/A PI
MacMasters Beach 22 MacMaster Pde 6 br h N/A W
Macquarie Park 59/1-15 Fontenoy Rd 2 br u N/A PI
Manly 10 Bruce Av 7 br h $3,600,000 VB
Manly 6/43 East Esp 2 br u N/A W
Manly Vale 16 Seebrees St 3 br h $922,500 SP
Marayong 10 Robshaw Rd 3 br h $350,000 S
Maroubra 2/693 Anzac Pde 1 br u N/A PI
Maroubra 10/43 Bond St 2 br u $580,000 VB
Maroubra 3/23 Duncan St 2 br u $585,000 SP
Maroubra 4/35 Galvin St 2 br u $545,500 PI
Maroubra 27 Hinkler St 2 br h N/A W
Maroubra 80 Paine St 2 br h $831,000 S
Marrickville 37a Francis St 4 br h $1,380,000 VB
Marrickville 2/43 George St 2 br t $655,000 SP
Marrickville 8/302 Livingstone Rd 2 br u $441,000 S
Marrickville 39 Moncur St 3 br h $830,000 SP
Marrickville 24 School Pde 5 br h N/A NB
Marrickville 33 School Pde 3 br h N/A SN
Marsfield 36/20-24 Busaco Rd 3 br t N/A W
Mascot 31 Horner Av 2 br h $845,000 PI
Matraville 4 Howell Av 4 br h $1,455,000 S
Matraville 18 Oxley St 2 br h $870,000 S
Menai 18 Pioneer Dr 5 br h $1,030,000 S
Merrylands 38 Garnett St 5 br h $725,000 S
Merrylands 11 Hilltop Rd 4 br h $840,000 PI
Merrylands 31 William St 2 br h $500,000 SP
Merrylands 33 William St 2 br h $500,000 SP
Middle Cove 31 Victoria Av 4 br h $1,721,000 SP
Miranda 9 Ingara Av 2 br h $693,000 S
Moorebank 3 Wilkes Av 3 br h $447,500 S
Mosman 53 Prince St 3 br h N/A PN
Mosman 94 Prince Albert St 5 br h $3,200,000 S
Mosman 4/152 Raglan St 2 br u $565,000 SP
Mount Lewis 70 Old Kent Rd 6 br h N/A PI
Narara 5 Driftwood Av 2 br h N/A NB
Naremburn 37 Central St 3 br h N/A W
Narwee 2 Narwee Av 4 br h $800,000 S
Neutral Bay 604/1 Watson St 2 br u $745,000 VB
North Balgowlah 12 Burringbar St 3 br h $1,185,000 S
North Balgowlah 16 Serpentine Cr 3 br h N/A PN
North Bondi 3/129 Hastings Pde 2 br u $715,000 S
North Curl Curl 57 Pitt Rd 4 br h N/A PI
North Strathfield 27 Queen St 2 br h $690,000 VB
North Sydney 1511/77 Berry St 2 br u N/A SN
North Willoughby 21 Cambridge St 3 br h $1,556,000 SP
North Willoughby 1b Council St 3 br h $1,120,000 S
North Willoughby 46a Mabel St 4 br h $1,300,000 VB
Northmead 17 Sherwood St 4 br h $480,000 PI
Oatlands 38 Lind Av 5 br h $955,000 PI
Oatlands 15/38 York St 3 br t N/A PN
Oyster Bay 82 Carina Rd 4 br h $980,000 VB
Paddington 150 Flinders St 10 br h N/A PI
Paddington 170 Hargrave St 3 br h $1,230,000 PI
Paddington 14 Leinster St 3 br h N/A W
Paddington 68 Sutherland St 3 br h $1,360,000 S
Padstow Heights 2 Valley Rd 5 br h N/A SN
Pagewood 22 Cowper Av 3 br h N/A PI
Panania 224 Marco Av 3 br h $570,000 S
Peakhurst 2/28 Samuel St 3 br h N/A PI
Penshurst 8a Godfrey St 4 br u $825,000 PI
Picnic Point 190 Lambeth St 2 br h N/A PI
Prestons 26 Huskisson St 3 br h $465,000 S
Putney 24 Stanley St 3 br h $959,000 S
Pyrmont 414/320 Harris St 2 br u $720,000 SP
Pyrmont 401/2 Jones Bay Rd 2 br u N/A PI
Pyrmont 162/102 Miller St 2 br u $581,000 S
Queens Park 4/16 Arnold St 2 br t $1,090,000 S
Queens Park 62 Rawson Av 3 br h N/A PI
Queenscliff 7/157 Queenscliff Rd 2 br u N/A PI
Queenscliff 1/89 Queenscliff Rd 3 br u N/A PI
Randwick 156 Clovelly Rd 5 br h $1,425,000 S
Randwick 24 Pine St 3 br h N/A PN
Rhodes 6/7-11 Cropley St 3 br t $572,000 S
Rhodes 929/60 Walker St 2 br u N/A NB
Riverwood 84 Hannans Rd 3 br h $600,000 VB
Riverwood 41 Napoleon St 2 br h $569,000 S
Rockdale 15/58-62 Bay St 2 br u $480,000 S
Rosebery 473 Gardeners Rd 3 br h $790,000 S
Roseville 27 Barcoo St 5 br h N/A PI
Rozelle 40 Belmore St 2 br h $785,000 SP
Rydalmere 19 Gladys St 2 br h $533,000 S
Ryde 10 Sewell St h N/A PN
Sadleir 70 Bobin Rd 3 br h $330,000 S
San Remo 368 Scenic Dr 3 br h N/A W
Sandringham 3 Primrose Av 4 br h $1,265,000 S
Seaforth 9 Acacia Rd 4 br h $2,000,000 VB
Seaforth 29 Kirkwood St 5 br h N/A SN
Seaforth 96 Seaforth Cr 4 br h $2,000,000 VB
Seven Hills 7 Ozark St 3 br h N/A W
South Granville 41 Boronia St 4 br h N/A PI
Springwood 30 Burns Rd 4 br h N/A SN
Springwood 3 Paterson Rd 2 br h N/A PI
St Johns Park 75 Melbourne Rd 3 br h N/A W
St Leonards 311/34 Oxley St 3 br u N/A PN
Stanmore 148 Albany Rd 3 br h $800,000 S
Stanmore 88 Corunna Rd 3 br h $825,000 PI
Stanmore 80a Douglas St 2 br h $900,000 S
Strathfield 97 Chalmers Rd 3 br h $1,410,000 S
Strathfield 1 Eve St 4 br h $739,000 S
Strathfield 38 Howard St 6 br h $1,620,000 S
Strathfield 18/2 Phillip St 2 br u N/A PI
Strathfield 3 Thomas St 5 br h $2,600,000 S
Strathfield 64/90 Wentworth Rd 2 br u $400,000 SP
Strathfield South 31/1 Bennett Av 3 br t N/A PI
Surry Hills 59 Albion St 4 br h $981,000 S
Surry Hills 24 Bennett St 3 br h N/A PI
Surry Hills 638 Bourke St 3 br h $2,200,000 SP
Surry Hills 184 Commonwealth St 4 br h $1,055,000 S
Surry Hills 205 Commonwealth St 2 br h $1,125,000 S
Surry Hills 4/13 Corben St 1 br u $560,500 SP
Surry Hills 14/33 Reservoir St 1 br u $535,000 S
Surry Hills 107 Wilton St 2 br h $805,000 S
Sydenham 84 Frederick St 2 br h $642,000 S
Sydney 82/5 Macquarie St 2 br u N/A SN
Tempe 6 Green St 2 br h $610,000 PI
Tempe 26 Samuel St 4 br h N/A W
Tennyson Point 3/109 Tennyson Rd 3 br t N/A PI
The Entrance 628/18 Coral St 2 br u $221,000 S
Toowoon Bay 8/60 Eloora Rd 3 br t N/A NB
Turramurra 118 Merrivale La 4 br h N/A PN
Wahroonga 160 Campbell Dr 4 br h N/A PI
Wahroonga 43a Russell Av 4 br h $1,140,000 SP
Waterloo 13/161-163 Phillip St 3 br u $700,000 SP
Waverton 4/19 Tunks St 3 br u N/A PI
West Pennant Hills 102 Range Rd 4 br h N/A W
West Ryde 13 Herbert St 4 br h $1,005,000 S
Wetherill Park 34 Hassall St 2 br h $370,000 SP
Willoughby 8 Pendey St 3 br h N/A W
Wollstonecraft 5/36 Milner Cr 3 br t $850,000 S
Wollstonecraft 43 Sinclair St 3 br h $1,160,000 S
Yagoona 17 Ashby Av 3 br h $409,500 S
Yagoona 210 William St 4 br h $895,000 S

KEY: S indicates property sold; SP – property sold prior; PI – property passed in; PN – sold prior not disclosed; SN – sold not disclosed; NB – no bid; VB – vendor bid; o res – other residential; w – withdrawn prior to auction; N/A – price or highest bid not available; SA – sold after auction; SS – sold after auction price not disclosed. br – bedroom(s); h – house,cottage,villa, semi,terrace; u – unit, duplex; t – townhouse; dev site – development site; o res – other residential.

For a more comprehensive list of results covering all reported sales by postcode in the past 12 or 24 months, visit http://www.homepriceguide.com.au Copyright © Australian Property Monitors 2011.

Melbourne Auction Results Saturday 25th June 2011


Total Properties: 212 

Sold: 117

Withdrawn: 7

Cleared: 53%

Total Sales: $84,331,000

Median: $647,500

Suburb Address Type Price Result
Airport West 21a Etzel St 3 br h $550,000 VB
Albert Park 142 Kerferd Rd 4 br h N/A PI
Altona Meadows 9 Mulcahy Ct 3 br h N/A PI
Ardeer 20 Holt St 2 br h $297,000 S
Ardeer 3/60 Maxweld St 2 br u N/A PI
Armadale 52 Armadale St 4 br h N/A PI
Ascot Vale 14/157 Epsom Rd 2 br u $400,000 VB
Ashwood 14 May Park Av 3 br h $1,150,000 S
Ashwood 68 Silver Ash Av 3 br h $705,000 S
Aspendale 106 Station St 2 br h $551,500 S
Balliang 2530 Bacchus Marsh Rd 3 br h $600,000 VB
Balwyn 35 Gordon St 4 br t $1,060,000 SP
Bayswater 2/2 Banksia Ct 3 br t $430,000 S
Bayswater 3/2 Banksia Ct 3 br t $412,000 S
Beaumaris 425a Beach Rd 3 br t $1,205,000 S
Beaumaris 4/12 Towers St 2 br u N/A PI
Bentleigh 8 Marquis Rd 2 br h N/A SN
Bentleigh East 27 Begg St 2 br h $660,000 S
Bentleigh East 4 Hemingford Rd 4 br t $839,000 S
Bentleigh East 25b Patricia St 3 br t $720,000 VB
Berwick 25 Homestead Rd 3 br h $340,000 VB
Berwick 5 Rheanva St 3 br h $546,000 S
Black Rock 4/5 Love St 3 br t $705,000 S
Black Rock 45 Stanley St 5 br h $1,600,000 S
Black Rock 1/23 Tulip St 3 br u N/A PN
Blackburn 31 Francis St 2 br h $630,000 S
Blackburn 36 Laurel Gr N 4 br h $750,000 VB
Blackburn 38 Salisbury Av 5 br h $1,000,000 VB
Bonbeach 2/58a Broadway 3 br t $445,000 S
Bonbeach 45/97 Broadway 2 br u $285,000 S
Bonbeach 156 La Perouse Bvd 4 br h N/A PI
Box Hill 13 Bass St 4 br h $830,000 VB
Box Hill 4/21 Simpsons Rd 2 br u $455,000 S
Brighton 530 New St 4 br h $1,321,000 S
Brighton 42a Willansby Av 3 br t $1,200,000 VB
Brighton 14 William St 4 br h $2,700,000 VB
Brighton East 100 Canberra Gr 3 br t $1,100,000 VB
Brighton East 24 Clive St 2 br h $700,000 VB
Brighton East 10/71-73 Union St 2 br u $680,000 S
Brunswick 49 Ewing St 3 br h $875,000 S
Brunswick 240 Victoria St 3 br h $560,000 VB
Brunswick East 5/23 Balmoral Av 1 br u $347,000 S
Brunswick East 210 Stewart St 4 br h $900,000 S
Bundoora 6 Warrenwood Pl 3 br h N/A PI
Burwood 46 Leopold St 4 br h N/A SN
Burwood 61 McCubbin St 3 br h $740,000 VB
Camberwell 1/26 Cornell St 2 br u N/A SN
Camberwell 2/33 Donna Buang St 2 br u $585,000 SP
Carnegie 4/96 Mimosa Rd 2 br u $555,000 S
Carnegie 87 Truganini Rd 4 br h $900,000 SP
Caulfield 2/167 Kambrook Rd 3 br u $615,000 PI
Chadstone 1b Gooyong Av 4 br t $785,000 S
Chadstone 3/5 Rae St 3 br u $514,000 S
Chadstone 1/2 Robert St 3 br u $605,500 S
Chadstone 1/2 Warrina St 3 br u $425,000 S
Chelsea Heights 23 Amron St 3 br h $400,000 VB
Cheltenham 6/30-32 Jean St 3 br t N/A PI
Cheltenham 29 Kelmar St 5 br h $855,000 S
Cheltenham 11 Norland St 3 br h $540,000 S
Chirnside Park 27 Meadowbank Av 3 br h $450,000 S
Chirnside Park 7 Vintage Gr 4 br h $620,000 VB
Clayton 34/2 Monash Green Dr 1 br h $288,000 SA
Clayton South 42 Main Rd 3 br h $490,000 VB
Clifton Hill 9 Spensley St 2 br h $722,500 S
Coburg 4 Jersey St 3 br h N/A PI
Coburg 171a Reynard St 2 br t $500,000 S
Coburg North 2 Julius St 2 br h N/A PI
Craigieburn 23 The Garlands 2 br h $315,000 VB
Dandenong North 8 Victoria Ct 3 br h $331,000 S
Deer Park 80 Birchwood Bvd 3 br h $340,000 S
Docklands 77/801 Bourke St 2 br u N/A PI
Docklands 2702/80 Lorimer St 3 br u N/A PI
Doncaster East 4 Milan St 3 br h $706,000 S
Doveton 174 Kidds Rd 3 br h $315,500 S
Doveton 14 Laurel Av 2 br h $303,000 S
Eaglemont 88 The Eyrie 4 br h $1,521,000 S
Elsternwick 1 Sandham Ct 3 br h $1,360,000 S
Eltham 6 Kerby St 3 br h N/A PN
Eltham North 33 Orchard Av 3 br h $627,000 S
Elwood 9/17 Byrne Av studio $350,600 SA
Elwood 16 Goldsmith St 3 br h $1,525,000 S
Elwood 4/24 Milton St 1 br u $520,000 S
Epping 12 Teneriffe Cl 5 br h $479,500 VB
Epping 37 Viewgrand Bvd 5 br h $550,000 S
Essendon 1 Edward St 3 br h N/A SN
Fitzroy 104 Charles St 3 br h $860,000 SP
Footscray 28 Victoria St 2 br h $525,000 SP
Forest Hill 66 Bindy St 4 br h N/A PI
Forest Hill 8 Finlayson St 3 br h $560,000 VB
Frankston 13 Kenley Ct 3 br h N/A PI
Glen Iris 51 Iris Rd 4 br h $1,060,000 PI
Glen Iris 8/1456 Malvern Rd 2 br u $480,000 PI
Glen Waverley 20 Mannering Dr 3 br h $655,000 PI
Gowanbrae 15 Orchid Ct 4 br h $845,000 S
Greensborough 13 Delfin Cr 3 br h $640,000 VB
Greensborough 1 Viewgrand Wy 8 br h N/A PI
Hawthorn 3/63 Berkeley St 2 br u N/A PI
Hawthorn 81 Kooyongkoot Rd 6 br h $2,750,000 S
Hawthorn East 54 Lilydale Gr 3 br h $825,000 S
Heidelberg West 191 Oriel Rd 2 br h $417,000 S
Highett 13 Princess Av 3 br h $595,000 S
Hughesdale 2 Richardson St 3 br h $640,000 S
Ivanhoe 34 Bond St 4 br h $1,125,000 S
Ivanhoe 15 Ford St 4 br h $1,240,000 S
Ivanhoe 12 Kingsley St 3 br h N/A PI
Ivanhoe 2/141 Maltravers Rd 2 br h $620,000 S
Ivanhoe 8 Scotts Pde 5 br h $1,935,000 S
Ivanhoe East 9 Robin Hood Rd h N/A PI
Keilor Downs 1 Chrysler Ct 4 br h $490,000 PI
Keilor East 2/36 Hassett Cr 3 br t $463,000 S
Kensington 72 Lambeth St 2 br h $760,000 S
Kew 32 Barnard Gr 3 br h $1,080,000 S
Kew 9/72 Cobden St 1 br u $390,000 S
Kew East 28 Belford Rd 4 br h $1,470,000 S
Keysborough 9 Lake Edge Dr 4 br h N/A PI
Langwarrin 34 Francis Cr 4 br h N/A W
Melton West 8 Rotarian Pl 4 br h N/A PI
Mentone 23 Bourke St 4 br h $1,000,000 VB
Middle Park 7/82 Patterson St 2 br u $570,000 SA
Mitcham 2 Mountfield Rd 3 br h N/A SN
Mitcham 18 Somers St 3 br h $615,000 S
Moorabbin 42 Matilda Rd 3 br h $550,000 S
Mulgrave 18 Bertrand Av 3 br h $530,000 S
Mulgrave 10 Ibrox St 3 br t $490,000 S
Mulgrave 2 Tyalla Ct 3 br h $474,500 S
Narre Warren South 13-14 Eve Cl 4 br h $800,000 VB
North Melbourne 107/21-27 O’Connell St 2 br u $430,000 S
Northcote 117 Beaconsfield Pde 4 br h $948,000 S
Nunawading 2/98-100 Mount Pleasant Rd 2 br u $430,000 VB
Oak Park 5/9 Cartwright St 2 br h N/A PI
Oakleigh 9 Taylor St 4 br h $1,130,000 S
Oakleigh South 11 Luntar Rd 3 br h $520,000 VB
Parkdale 66 Davey St 5 br h $1,150,000 S
Parkdale 6 Princes Ct 4 br h $800,000 VB
Pascoe Vale 4 Sylvan Gr 3 br h $880,500 S
Patterson Lakes 224 Gladesville Bvd 4 br h $805,000 S
Patterson Lakes 31 Snapper Point Dr 4 br h $1,115,000 S
Port Melbourne 8 Little Ingles St 3 br h N/A PI
Prahran 41 Charles St 3 br h N/A PN
Prahran 4/14 Chatsworth Rd 2 br u N/A PI
Prahran 26a Highbury Gr 2 br h N/A PI
Prahran 18/670 Malvern Rd 1 br u $320,000 VB
Prahran 208/46-49 Porter St 2 br u $520,000 S
Preston 17 Seymour St 3 br h N/A W
Richmond 56 Coppin St 3 br h $790,000 VB
Richmond 13/129 Hoddle St 1 br u $525,000 SP
Richmond 61 Laity St 2 br h $696,000 S
Richmond 17 Montgomery St 2 br h $867,000 S
Richmond 3/64-68 Regent St 2 br u $710,000 S
Rosanna 2/10 Greville Rd 2 br h N/A PI
Rowville 17 Lucy Hill Ri 4 br h N/A PI
Roxburgh Park 130 McPherson Bvd 5 br h $557,000 SA
Sandringham 71 Victoria St 4 br h $1,300,000 VB
South Melbourne 29 Emerald Hill Pl 1 br h N/A PI
South Yarra 63 Davis Av 3 br h N/A PI
South Yarra 5/4 Marne St 1 br u $479,000 S
Southbank 109/83 Queensbridge St 2 br u N/A PN
Springvale South 14 Dorrit St 3 br h $410,000 S
Springvale South 15/542-544 Springvale Rd 3 br t N/A PI
Strathmore 3/242 Woodland St 2 br t N/A PI
Surrey Hills 23 Barton St 3 br h N/A SN
Surrey Hills 711 Canterbury Rd 3 br h $770,000 VB
Surrey Hills 91 Croydon Rd 4 br h $1,370,000 S
Sydenham 21 Charles Ct 3 br h N/A SS
Templestowe Lower 5/208-210 High St 2 br u $398,000 S
Thomastown 3/33 Currajong St 2 br u N/A PI
Thomastown 30 Karingal Wy 4 br h N/A PI
Thornbury 179 Gooch St 2 br h N/A SN
Thornbury 186 Mansfield St 3 br h $650,000 VB
Thornbury 2/379-381 Station St 2 br u $425,000 S
Toorak 2/19 Bruce St 2 br h N/A PI
Toorak 7/732 Orrong Rd 2 br u N/A PI
Tullamarine 4/50-52 Broadmeadows Rd 2 br u N/A PI
Tullamarine 35 Christopher Cr 3 br h $395,000 VB
Tullamarine 12 May St 3 br h $420,000 S
Vermont South 36 Fortescue Gr 4 br h N/A PI
Vermont South 26 Lindau Dr 3 br h $622,000 S
Vermont South 11 Livingstone Rd 5 br h $761,000 S
Vermont South 25 Weeden Dr 4 br h $660,000 SA
Westmeadows 1 Hopetoun Ct 3 br h $400,000 S
Wheelers Hill 3 Darlington Av 4 br h $682,000 S
Wheelers Hill 45 Petronella Av 4 br h $600,000 VB
Wheelers Hill 88 Whalley Dr 5 br h $720,000 S
Williamstown 9 Clough St 3 br h $858,000 SP
Yarraville 20 Kent St 2 br h $655,000 SP

KEY: S indicates property sold; SP – property sold prior; PI – property passed in; PN – sold prior not disclosed; SN – sold not disclosed; NB – no bid; VB – vendor bid; o res – other residential; w – withdrawn prior to auction; N/A – price or highest bid not available; SA – sold after auction; SS – sold after auction price not disclosed. br – bedroom(s); h – house,cottage,villa, semi,terrace; u – unit, duplex; t – townhouse; dev site – development site; o res – other residential.

For a more comprehensive list of results covering all reported sales by postcode in the past 12 or 24 months, visit http://www.homepriceguide.com.au Copyright © Australian Property Monitors 2011.

Just Jeans Group founders put Port Douglas hilltop retreat on market


A Far North Queensland real estate agent has just listed the region’s most expensive property in the current market which is expected to fetch more than $10 million.

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Just Jeans Group founders put Port Douglas hilltop retreat on market

Phoenix rises to shine


THE Gold Coast residential property market has been delivered a strong vote of confidence with the launch of Trilink Group’s $60 million residential development at Varsity Lakes.

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Phoenix rises to shine

Mirvac provides $80.8m against Tennyson flood damage


Mirvac provides $80.8m against Tennyson flood damage… 25 Jun 2011 06:28 AM

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Mirvac provides $80.8m against Tennyson flood damage

Select Asset Management buys 1.6m Primeag shares


Select Asset Management buys 1.6m Primeag shares… 25 Jun 2011 06:28 AM

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Select Asset Management buys 1.6m Primeag shares

Buyers head for the hills


WHILE the market has been very slow, Peter Wrigley of Carolans First National has been getting enquiry in the Nambour and Palmwoods areas.

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Buyers head for the hills

Fortune favours brave buyers


DAN Neylan does not believe the market will languish like the early part of this year.

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Fortune favours brave buyers

Struggle year not like ‘old days’


THERE is no doubt that 2010 was a struggle in all sectors from real estate and development through to retail and tourism, says Ben Wilson of Ray White Lifestyle.

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Struggle year not like ‘old days’

Agents predict market swing


THE six months leading up to Christmas will be tough for the Sunshine Coast, according to Vicki Stewart of Stewart Tandy and Associates.

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Agents predict market swing

Coast family create viral video to sell home


ONE Gold Coast family has turned their kids into YouTube sensations in a bid to sell a house the real estate agents couldn’t shift.

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Coast family create viral video to sell home

360 Capital defers trust float


Sources say demand for IPO was weak. 24 Jun 2011 5:57 PM

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360 Capital defers trust float

Real Estate Investing In an Economic Downturn

Have you ever thought about going into business, even if everyone you know is telling you it is not a good idea? The chances are strong that you will allow your family and friends to dissuade you from even making the first move toward your dream of going into business on your own.

Weiss Asset Management buys 10.6m Trinity securities


Weiss Asset Management buys 10.6m Trinity securities… 24 Jun 2011 13:27 PM

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Weiss Asset Management buys 10.6m Trinity securities

Mirvac writes off Brisbane development


Tennyson Reach development $80m value wiped out. 24 Jun 2011 12:42 PM

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Mirvac writes off Brisbane development

Mortgage stress, concern about interest rates and the adventurous couple who bulldozed their house: This Week’s Picks


This week we read about how the number of homeowners falling into arrears has increased, how clever design can bring space to a home on a subdivided block and learnt how interest rates are more important to homeowners than exit fees. Check out This Week’s Picks below:

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Mortgage stress, concern about interest rates and the adventurous couple who bulldozed their house: This Week’s Picks

Banning of exit fees welcomed


The decision to ban exit fees from July 1, 2011, has been welcomed by the comparison website RateCity.

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Banning of exit fees welcomed

US May new home sales, inventories fall


Inventories of new homes hits record low. 23 Jun 2011 10:39 AM

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US May new home sales, inventories fall

Perpetual motion sees Paul in the hot seat


AT PERPETUAL, Paul Skamvougeras’s colleagues often joke that he has done well to buy an island in his native Greece.

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Perpetual motion sees Paul in the hot seat

Moss plans sale of local Charter assets


MACQUARIE Real Estate founder Bill Moss says unitholders must back liquidation of Charter Hall Office REIT’s $1.86 billion local portfolio.

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Moss plans sale of local Charter assets

Melbourne properties going cheap…


The Melbourne property market has certainly seen better days. Most real estate agents are struggling to clear properties as people are looking but not buying. According to RP Data, during April, Melbourne houses were discounted by an average of 6.9 per cent from their initial asking price ito help achieve a sale

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Melbourne properties going cheap…

Project Rebellion : Front Page News!


Over the past several weeks Ben Hurley from the Australian Financial Review has been conducting an investigation into the revolt by real estate agencies around the country against Realestate.com.au. Today on the front page of the Australian Financial Review Ben’s article “Real Estate Agents Revolt” appears. The article discusses hotly debated topics on this blog and its interesting seeing the discussion raised in more mainstream media.

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Project Rebellion : Front Page News!

Mortgage Stress Bites: Western Sydney and Logan Lead the Way


THE number of homeowners falling into arrears has increased with Western Sydney and Logan, in the Gold Coast corridor to Brisbane, leading the way according to new figures.

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Mortgage Stress Bites: Western Sydney and Logan Lead the Way

Dumping of stamp duty concession could result in higher rents


While the dumping of Tasmania’s stamp duty concession is another nail in the coffin for housing affordability, it might possibly result in a silver lining for landlords, according to Damien Taplin of TPC Valuers.

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Dumping of stamp duty concession could result in higher rents

Gillard tilts toward middle income Australia


Struggling to win over middle Australia, the prime minister offers early signs she knows how win a key battle with Tony Abbott. 23 Jun 2011 8:14 AM

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Gillard tilts toward middle income Australia

Review site to rate agents


Rate that AgentFounder of Rate that Agent and former real estate agent, Michael Jackson said while agents can demonstrate their local experience and expertise through the online service, vendor and home buyers now have the opportunity to make a better informed decision when selecting an agent, based on past referrals and reviews.

“The motivation to create the site was to establish a national resource to shine the spotlight on top of real estate agents and caution unsuspecting home buyers and vendors about the poor ones,” Mr Jackson said.

What is Rate that Agent?

It’s an unbiased free online system that gives Real Estate Agents the power to demonstrate their local experience, expertise and track record and for Home Buyers and Sellers to connect with Agents based on Agent Profiles and past client endorsements.

Rate that Agent

Tips to attract top tenants


To attract quality tenants you need to offer a quality property. Here’s a guide to considerations you need to make before you purchase your property, after you buy and during the tenant search.

Purchasing a rental property
First off: identify the type of renter you’re hoping to attract and put yourself in their shoes. If you’re hoping to attract students, look for property close to universities, colleges and transportation. If you’re after families, then proximity of schools will play an important role. And if your ideal tenant is a senior, look for property close to community centres, shopping and transportation.

Also look for a neighbourhood that you’d want to live in. Is it a quiet road? Are the streets clean? Are the neighbours’ yards tidy? Are the parked cars in relatively good condition? A neighbourhood that is a mix of owner/occupier housing and renters is generally one that will be better kept than a neighbourhood that strictly caters to renters.

Once you’ve determined location, focus on the property itself. Again, think of your ideal renters’ concerns. Students looking for a share house will probably value big bedrooms, as they will spend more time there. Seniors will be looking for something that is one level. And families will be keen on something with a yard, preferably enclosed.

Making the property presentable
It goes without saying that the interior should be clean. Keep paint to muted colours – you might love a signature wall in the living room painted bright red, but it won’t be everyone’s cup of tea.

In the kitchen, fix drawers so they slide easily and make sure handles on screwed on tight. Get rid of stains, crumbs and mould. Lining the cupboards can cover a few sins. Invest in quality appliances and if you can’t afford new appliances, see what you can do to make them more presentable. For instance, new wire racks in the oven will go a long way in approving its overall appearance.

In the bathroom, consider buying a cheap, but new vanity. Installing a new toilet seat would also be a good touch. And a bright mirror is a definite must.
Renting it out

If you choose to rent the property out yourself, then there are a couple of things you can do to increase your chances of picking a good tenant.

One is to be honest in the ad. If you oversell its attributes, good tenants might get turned off and overlook the genuinely positive aspects of the property.

And don’t be greedy. Gauge how much similar properties in the area are renting for and price accordingly. If you overprice, you might find yourself with a tenant that is desperate to find a place because no one else would rent to them based on their history. And avoid increasing the rent too much. You’ll just encourage turnover and you could end up out of pocket for a considerable amount of time.

Be presentable. If you’re showing the property, make sure you look like someone the tenant would want to deal with. Let them know you would respond to needs quickly, but you’re not going to be visiting the property all the time.

Have a formal application that includes rental history and make sure you check references that include their employer and previous landlords/property managers.

If you decide to use a property manager, make sure you investigate their services thoroughly. Consider how they market properties, how they deal with issues such as arrears, repairs and maintenance, and how frequently they will inspect the property.

Landlords insurance
Sometimes you can do everything right and still end up with a bad tenant. Landlord insurance can take some of the stress out of renting by covering damage or loss to your property, protection against unpaid rent, theft or malicious damage, and even the cost of replacing or repairing furnished properties.

Your Investment Property
This article has been republished with permission from Your Investment Property magazine. Try our Loan Repayment Calculator and find the best repayment strategy for you.

Colonial sells 3m Charter Hall Retail REIT securities


Colonial sells 3m Charter Hall Retail REIT securities… 22 Jun 2011 17:38 PM

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Colonial sells 3m Charter Hall Retail REIT securities

Astro Japan Property reducing hedge book by 1/3rd


Astro Japan Property reducing hedge book by 1/3rd… 22 Jun 2011 15:53 PM

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Astro Japan Property reducing hedge book by 1/3rd

Stunning Wirraminna for sale


COASTAL, rural and lakeside living combine at Wirraminna to make an excellent lifestyle.

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Stunning Wirraminna for sale

The spark behind Seven Creeks Estate


TRADITION is a key to Seven Creeks Estate at Euroa, writes KIM WOODS

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The spark behind Seven Creeks Estate

Peaceful Picola home


KEVIN and Deborah Swan had lived in the small town of Picola all their lives.

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Peaceful Picola home

Land ownership review drags on


INTERNATIONAL investors continue to snap up Australian land and agribusiness.

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Land ownership review drags on

Kelly plays down mortgage concerns: report


Westpac chief unworried by rise in delinquencies. 21 Jun 2011 7:38 AM

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Kelly plays down mortgage concerns: report

Agricultural Land Trust pays 1.49c


Agricultural Land Trust pays 1.49c… 21 Jun 2011 06:09 AM

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Agricultural Land Trust pays 1.49c

The Great Aussie Dream is getting smaller……


THE great Australian dream of owning a double storey house in the suburbs with a pool, and a large back yard – is no more… Instead, more and more Australians would choose to own a townhouse or an apartment in close proximity to the city or other suburban centres. According to a report from the Grattan Institute, home loan affordability was not the only concern of potential home buyers. There are many myths and assumptions about housing , and what Australians really want

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The Great Aussie Dream is getting smaller……

Biggest home seller in Australia joins forces with The Big Issue


Ray White auctioneers put their skills to good use in Melbourne on Saturday in a unique challenge to promote awareness of homeless and marginalised Australians. Ray White auctioneers entered in to a sales challenge with vendors of The Big Issue to see how many magazines they could sell in twenty minutes, as part of the magazine’s 15 th birthday

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Biggest home seller in Australia joins forces with The Big Issue

Biggest home seller in Australia joins forces with The Big Issue


Ray White auctioneers put their skills to good use in Melbourne on Saturday in a unique challenge to promote awareness of homeless and marginalised Australians. Ray White auctioneers entered in to a sales challenge with vendors of The Big Issue to see how many magazines they could sell in twenty minutes, as part of the magazine’s 15 th birthday

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Biggest home seller in Australia joins forces with The Big Issue

How to tell if it’s the bottom of the property market


The market has cooled, properties are up for sale for longer periods of time and there are fewer buyers out there. So we should be at the bottom of the market, right

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How to tell if it’s the bottom of the property market

Interest Rates, Not Exit Fees Most Important to Homeowners


DESPITE the Federal Government’s claim that Australian homeowners are concerned about exit fees, a recent survey proves the opposite.

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Interest Rates, Not Exit Fees Most Important to Homeowners

Facebook, Twitter and Blogging, do’s and don’ts for the real estate agent!


Over the past year or so we have seen the rise of Real Estate Agents using Facebook to promote their business or personal profile. The best of you continually add informative and fun content to your page and have seen a steady rise in fans. But there is a disturbing trend to this and this shows complete mis-understanding of how to market yourself online.

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Facebook, Twitter and Blogging, do’s and don’ts for the real estate agent!

Hanging home buyers out to dry


It’s the central and retail banks which hold potential solutions to our property market problems, but both groups are looking the other way while home prices fall. 20 Jun 2011 7:53 AM

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Hanging home buyers out to dry

Aussies doing their block for city lifestyle


AUSSIES want more townhouses and apartments in desirable areas rather than a house on a quarter-acre block, a report reveals.

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Aussies doing their block for city lifestyle

Limits affect housing size choices


ASK someone in Australia what type of house they want to live in and the answer is a big freestanding home close to the CBD.

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Limits affect housing size choices

Sydney Auction Results Saturday 18th June 2011


Total Properties: 309

Sold: 189

Withdrawn: 47

Cleared: 53%

Total Sales: $147,191,500

Median: $735,000

Alexandria 77 Renwick St 3 br h $740,000 S
Annandale 5/1a Booth St 3 br u N/A NB
Annandale 31/44 Collins St 2 br u $542,000 S
Annandale 156 Nelson St 4 br h $2,120,000 S
Annandale 22 Railway Pde 4 br h N/A W
Annandale 49 Reserve St 2 br h N/A W
Annandale 13a Wells St 2 br h $735,000 S
Artarmon 4 Selwyn St 4 br h $1,700,000 VB
Ashbury 26 Fourth St 3 br h $873,000 S
Ashfield 8 Banks St 3 br h $791,000 S
Ashfield 65 Holden St 3 br h $900,000 S
Ashfield 1/35 Orpington St 2 br u $501,000 PI
Ashfield 8/6 Orpington St 2 br u $480,000 SP
Ashfield 8/7 The Avenue 2 br u $478,000 S
Auburn 29 Berith St 3 br h $427,000 S
Auburn 7/78-80 Helena St 2 br t N/A PI
Auburn 2 Hillview St 3 br h N/A PI
Avoca Beach 40 Walder Cr 4 br h N/A PI
Balmain 117 Beattie St 3 br h N/A SN
Balmain 5 Clayton St 3 br h N/A W
Balmain 40/1 Hyam St 2 br u $683,500 SP
Balmain East 1 Hosking St 3 br t $1,320,000 SP
Banksia 10 Bowmer St 3 br h $705,000 S
Banksia 6 Farr St 3 br h $665,000 S
Bankstown 137 Northam Av 3 br h $550,500 S
Bankstown 38 Pringle Av 4 br h $600,000 S
Bass Hill 38 Australia St 3 br h $470,000 S
Bateau Bay 2 Guyagal St 4 br h N/A W
Baulkham Hills 12 Lotus Cl 4 br h $685,000 PI
Beecroft 22 Finlay Av 4 br h N/A W
Beecroft 17a Hull Rd 3 br h N/A PI
Beecroft 195 Murray Farm Rd 5 br h N/A W
Belfield 6 Birriwa Av 3 br h $776,000 S
Belfield 25-27 Blanche St 3 br h $876,000 S
Belfield 16 Excelior Av 3 br h N/A PI
Bellevue Hill 17/32 Bellevue Rd 1 br u N/A PN
Bellevue Hill 1/52 Bellevue Rd 2 br u $575,000 VB
Bellevue Hill 11/179 Victoria Rd 2 br u $590,000 S
Belmore 12 Kingsgrove Rd 2 br h $546,000 S
Bexley 16a Bayview St 3 br h $740,000 SP
Bexley 2/64-66 Connemarra St 3 br h $574,000 S
Bexley 2a Perrys Av 3 br h $728,000 S
Bexley 4/5-7 Preddys Rd 3 br h $507,000 S
Bexley North 36 Fortescue St 3 br h $800,000 PI
Birchgrove 86 Short St 4 br h $1,910,000 S
Birrong 7 Larien Cr 4 br h $830,000 S
Blacktown 166 Bungarribee Rd 4 br h N/A PI
Bondi Beach 2/29 Beach Rd 2 br u N/A PN
Bondi Junction 15 Mill Hill Rd 3 br h $2,500,000 VB
Bondi Junction 11 Woodstock St 4 br h N/A SN
Botany 1220 Botany Rd 3 br h $752,500 S
Bradbury 74 Coachwood Cr 3 br h N/A NB
Breakfast Point 53/1 Juniper Dr 2 br u $630,000 VB
Brighton-Le-Sands 3/12-16 Reading Rd 2 br h $560,000 SP
Brighton-Le-Sands 36 The Grand Parade 3 br h N/A W
Bronte 8/343 Bronte Rd 2 br u $685,000 SP
Bronte 16 Hewlett St 5 br h $2,060,000 PI
Burwood 41/12-16 Belmore St 2 br u $505,000 S
Burwood 58/3 Railway Pde 3 br u $632,000 S
Burwood Heights 4 Culdees Rd 5 br h $2,120,000 S
Cabramatta 1/98-100 Broomfield St 3 br u $311,000 S
Cabramatta 2/82 Hughes St 3 br t $388,000 S
Cabramatta 17 Huon St 3 br h N/A PI
Campsie 2 Palmer St 2 br h $450,000 PI
Canley Heights 36 Ascot St 3 br h N/A PI
Canley Heights 22 George St 4 br h $465,000 S
Canley Heights 47 Queen St 3 br h $720,000 S
Canley Heights 17 Salisbury St 2 br h $441,000 S
Canterbury 6 Bellbird St 4 br h N/A W
Canterbury 147 Canterbury Rd 1 br h N/A SN
Carlingford 288 Marsden Rd 6 br h N/A PN
Castle Hill 6 Bassett Pl 4 br h N/A PN
Castle Hill 117 Chepstow Dr 4 br h $760,000 PI
Castle Hill 224 Excelsior Av 5 br h $760,000 PI
Castle Hill 11 Reid Av 3 br h N/A PN
Casula 3 Arwon Av 5 br h N/A PI
Chatswood 43 Clanwilliam St 4 br h N/A NB
Cherrybrook 2 Rimu St 5 br h N/A NB
Chester Hill 10 Mount View Av 3 br h N/A PI
Chifley 23 Carnegie Cct 4 br h N/A PI
Chippendale 63 Shepherd St 2 br h $790,000 SP
Clovelly 12 Allan Av 4 br h $1,072,000 S
Collaroy 3 Beach Rd 5 br h N/A NB
Collaroy 46 Parkes Rd 5 br h N/A W
Concord 5 Sydney St 3 br h $1,200,000 S
Concord West 39 Consett St 2 br h $1,000,000 S
Condell Park 9 Sixth Av 4 br h N/A PI
Connells Point 12 Loch Maree Cr 4 br h N/A SN
Coogee 44/2-6 Abbott St 2 br u $590,000 VB
Coogee 5/182 Arden St 2 br u $655,000 SP
Coogee 2/190 Arden St 1 br u N/A PN
Coogee 2/25 Berwick St 2 br u $530,000 S
Coogee 9/12 Havelock Av 1 br u $366,000 SP
Coogee 5/6 Wolseley Rd 3 br u $1,795,000 S
Cremorne 7 Lodge Rd 3 br h $1,890,000 S
Cremorne 5/2-6 Parraween St 1 br u $506,000 SP
Cremorne 3/65 Parraween St 2 br u N/A W
Cremorne 3/8-12 Winnie St 3 br t $740,000 VB
Cremorne 18/102 Young St 2 br u N/A W
Cremorne Point 3/64 Cremorne Rd 2 br u $875,000 S
Cronulla 8/8-12 Giddings Av 2 br u $410,550 SP
Crows Nest 5/143 Ernest St 2 br u $610,000 SP
Croydon 80 Cheltenham Rd 4 br h $1,190,000 S
Croydon 53 Edwin St 4 br h $476,000 S
Croydon 58 Queen St 4 br h $1,320,000 S
Croydon 36/10 Webb St 3 br u N/A PI
Darlinghurst 5/220 Liverpool St studio $482,000 S
Denistone 23 Anzac Av 4 br h $990,000 PI
Denistone 20 Buena Vista Av 2 br h N/A PI
Dolls Point 25 Minton Av 2 br h N/A PI
Double Bay 8 Beach St 4 br h $3,500,000 VB
Drummoyne 20/64 Lyons Rd 2 br u $635,000 S
Drummoyne 20 Thornley St 4 br h $1,430,000 S
Earlwood 529 Homer St 3 br h $920,000 S
Earlwood 69 Permanent Av 3 br h N/A W
Earlwood 20 Richmond St 2 br h $623,000 S
Earlwood 1b Undercliffe La 3 br h N/A W
East Gosford 10 Carrol Av 4 br h $502,000 S
Eastwood 1/594 Blaxland Rd 1 br u N/A W
Eastwood 36 Holway St 4 br h $886,000 S
Eastwood 131 Shaftsbury Rd 4 br h $952,000 S
Edensor Park 174 Edensor Rd 4 br h N/A W
Epping 58 Carlingford Rd 3 br h $838,000 S
Epping 30 Chelmsford Av 3 br h $982,000 S
Epping 48 Chelmsford Av 3 br h N/A PN
Epping 7 Francis St 4 br h $1,142,975 SP
Epping 13 Grandview Pde 4 br h N/A W
Epping 8 Lewis St 4 br h $950,000 SA
Georges Hall 79 Caroline Cr 4 br h $555,000 S
Georges Hall 46 Denman Rd 3 br h $435,000 S
Georges Hall 81 Hazel St 3 br h N/A PI
Georges Hall 88 Oak Dr 4 br h $485,000 S
Gladesville 40 Hillcrest Av 4 br h $2,341,000 S
Gladesville 21 Imperial Av 5 br h $1,200,000 VB
Gladesville 7 Rundle Pl 3 br h $1,175,000 SP
Gordon 52 Elgin St 5 br h $1,900,000 PI
Gorokan 123 The Corso 4 br h N/A PI
Gosford 21/145 Faunce St 2 br u N/A NB
Grays Point 22 Warren Av 3 br h $735,000 S
Green Valley 280 Whitford Rd 3 br h $440,000 S
Greenacre 8 Sylvanus St 3 br h $590,000 S
Greenacre 62 Tennyson Rd 3 br h $1,080,000 S
Greenacre 65 Wentworth St 5 br h $985,000 S
Guildford 17 Hinchen St 3 br h N/A PI
Guildford 45 O’Neill St 3 br h N/A PI
Gymea 14 Serpentine Rd 4 br h N/A NB
Gymea Bay 17b Huskisson St 4 br h N/A W
Gymea Bay 3 Huskisson St 4 br h N/A W
Haberfield 43 Hawthorne Pde 3 br h $975,000 SP
Heathcote 55 Corinth Rd 3 br h N/A W
Homebush 36/9 Hillcrest St 2 br u N/A W
Hornsby Heights 9 Blackash Pl 5 br h N/A W
Hunters Hill 2 Paul St 4 br h N/A W
Hunters Hill 9 Ramleh St 3 br h $1,250,000 PI
Illawong 4 Cranbrook Pl 4 br h N/A PI
Ingleburn 8b Carlisle St 4 br h $395,000 S
Kangaroo Point 138a Kangaroo Point Rd 4 br h $1,500,000 VB
Kellyville 65 Maeve Av 5 br h N/A PN
Kensington 10/4-10 Darling St 2 br u $531,000 S
Kensington 42a Duke St 3 br h $1,380,000 S
Kensington 85/1 Gloucester Pl 3 br u $750,000 S
Kingsford 22 Fischer St 2 br h $1,010,000 S
Kingsford 25 Kennedy St 3 br h N/A W
Kirribilli 4/6 Elamang Av 2 br u N/A NB
Kirribilli 5/3 Waruda St 2 br u $920,000 S
Kogarah Bay 1 Renn St 4 br h $800,000 VB
Lakemba 6/9 MacDonald St 2 br u $236,500 S
Lakemba 32 Yerrick Rd 4 br h $800,000 PI
Leichhardt 53/69 Allen St 2 br u $580,000 SP
Leichhardt 9 Annesley St 2 br h $1,130,000 VB
Leichhardt 19 Excelsior St 2 br h $605,000 S
Leichhardt 49 Junior St 1 br h $612,000 S
Leichhardt 41 Leichhardt St 2 br h $850,000 SP
Lidcombe 11/14 Swete St 2 br u N/A PI
Lilyfield 1 Frazer St 3 br h N/A PI
Lilyfield 11a Lonsdale St 3 br h $1,231,000 S
Lindfield 8/4-6 Gladstone Pde 3 br u N/A PN
Lindfield 93 Middle Harbour Rd 5 br h N/A PN
Liverpool 54 Boundary Rd 3 br h $390,000 S
Malabar 43a Dacre St 6 br u N/A PI
Maroubra 6 Duncan St 4 br h $2,020,000 S
Maroubra 8/2-4 Fenton Av 1 br u $530,000 S
Maroubra 10 Parer St 2 br h $770,000 SP
Marrickville 59 Frampton Av 2 br h $770,000 S
Marrickville 9 Newington Rd 2 br h $615,000 S
Marsfield 12/7-9 Brunton Pl 2 br h $547,000 S
Mascot 48 Alfred St 4 br h N/A NB
Menai 8 Pioneer Dr 5 br h $1,130,000 S
Merrylands 19 Lansdowne St 4 br h N/A PI
Milperra 8 Ingram Av 5 br h N/A PI
Milsons Point 701/8 Glen St 3 br u N/A PN
Miranda 4 Graham Av 3 br h $762,000 SP
Miranda 4 Graham Av 3 br h $762,000 SP
Moorebank 79 Junction Rd 4 br h $470,000 S
Mortlake 48 Bertram St 3 br h N/A PI
Mosman 8/31-33 Awaba St 2 br u N/A W
Mosman 5/2 Badham Av 3 br t $975,000 SP
Mosman 8/10 Harnett Av 2 br u $675,000 SP
Mosman 17/11-13 Myahgah Rd 2 br u N/A PN
Mosman 8 Pearl Bay Av 4 br h N/A SN
Mosman 18 Prince St 4 br h N/A W
Mount Pritchard 133 Meadows Rd 3 br h N/A PN
Naremburn 38 Glenmore St 4 br h N/A PN
Neutral Bay 69 Undercliff St 3 br h N/A PI
Newtown 101/130 Carillon Av 1 br u $450,000 SP
North Bondi 9 Wairoa Av 3 br h $1,350,000 VB
North Epping 19 Marcella St 4 br h $945,000 SP
North Parramatta 5/4-8 Waugh Av 2 br t $470,500 S
Northbridge 1/276 Sailors Bay Rd 2 br u $600,000 SP
Oatley 104 Letitia St 3 br h N/A PI
Old Guildford 22 Railway St 4 br h $435,000 PI
Orchard Hills 23 Cabernet Cct 5 br h N/A PN
Paddington 20 Alexander St 3 br h $1,500,000 SP
Paddington 30/13 Oatley Rd 2 br u $880,000 VB
Paddington 3/56 Ormond St 2 br u $850,000 SP
Panania 66 Tower St 3 br h $550,000 SP
Pennant Hills 11b Albion St 3 br h $700,000 S
Penshurst 2/54 Laycock Rd 4 br h $692,000 S
Petersham 22 Searl St 2 br h $762,000 S
Point Clare 1 Nioka Av 3 br h N/A PI
Point Piper 16 Longworth Av 5 br h $16,100,000 PI
Point Piper 3/38 Wunulla Rd 2 br u $750,000 VB
Punchbowl 45 Mount Lewis Av 3 br h $500,000 S
Punchbowl 17 Weyland St 3 br h $490,000 S
Putney 2 Gregory St 3 br h $895,000 S
Putney 207 Morrison Rd 2 br h $925,000 S
Pymble 8 Crown Rd 5 br h $1,950,000 PI
Pyrmont 703/18-20 Allen St 2 br u N/A SS
Pyrmont S201/233 Harris St 2 br u $662,000 S
Pyrmont A803/24 Point St 1 br u N/A PN
Pyrmont A5/14 Quarry Master Dr 2 br u $670,000 S
Queenscliff 2/43 Greycliffe St 3 br h $970,000 PI
Ramsgate 10 Campbell St 3 br h N/A NB
Ramsgate Beach 6/14 Alfred St 5 br t N/A W
Randwick 32 Earl St 3 br h N/A W
Redfern 44 Baptist St 2 br h N/A W
Redfern 473 Cleveland St 3 br h $700,000 VB
Redfern 2/142 Regent St 2 br u $545,000 S
Revesby 3 McPherson St 2 br h $577,000 S
Revesby 11 Weston St 3 br h $577,000 S
Riverview 28b College Rd S 5 br h N/A PN
Rockdale 128 Bay St 2 br h $611,000 S
Rockdale 44 Herbert St 5 br h N/A PI
Rosebery 22 Princess Av 3 br h $1,050,000 VB
Rosehill 12 Jordan St 3 br h N/A PI
Rosemeadow 21b Theseus Cct 4 br h $259,000 S
Roseville 17 Barambah Rd 3 br h N/A PN
Roseville 31a Findlay Av 3 br h N/A PI
Rozelle 27 Cambridge St 3 br h $892,000 S
Rozelle 49 Crescent St 2 br h $1,050,000 PI
Rozelle 10 Percy St 2 br h $900,000 S
Rozelle 20 Prosper St 3 br h N/A PN
Russell Lea 34 Bay Rd 3 br h N/A NB
Russell Lea 1 Reims St 3 br h $1,320,000 S
Ryde 13 Anderson Av 3 br h $745,000 SP
Sandringham 4/122-130 Clareville Av 6 br h $315,000 PI
Sandringham 46 Clareville Av 2 br h $760,000 PI
Sans Souci 18/114 The Promenade 2 br t $572,500 S
Sans Souci 13 Wellington St 3 br h $827,500 S
Seaforth 30 Ellery Pde 4 br h N/A W
Seaforth 22a Grandview Gr 4 br h N/A W
Seven Hills 56 Himalaya Cr 3 br h N/A W
St Ives 12 The Cloisters 5 br h N/A PI
St Ives Chase 4 Craig St 4 br h N/A PI
St Johns Park 5 Homebush St 3 br h N/A PI
St Leonards 202/40 Atchison St 2 br u N/A PN
St Leonards 11 Berry Rd 3 br h $1,200,000 S
Stanmore 5 Aubrey St 2 br h $730,000 S
Stanmore 35 Cardigan St 4 br h $1,290,000 S
Stanmore 20 Lincoln St 3 br h $810,500 S
Stanmore 112 Railway Av 3 br h $741,000 S
Strathfield 11 Ada Av 6 br h $2,985,000 SP
Strathfield 14 Cameron St 6 br h $1,605,000 S
Strathfield 27 Cross St 6 br h N/A W
Strathfield 5/397-399 Liverpool Rd 3 br t $552,000 S
Strathfield 5/10-12 Parnell St 2 br u N/A PI
Strathfield 1/76 The Boulevarde 2 br u $567,000 S
Strathfield South 22/150 Dean St 4 br t $636,000 S
Summer Hill 11 Drynan St 2 br h $850,000 SP
Summer Hill 8/6-8 Gower St 1 br u $455,000 SP
Summer Hill 20/147 Smith St 2 br u $560,000 S
Surry Hills 17/127 Albion St 1 br u $495,000 S
Surry Hills 35 Lansdowne St 2 br h N/A PN
Sydenham 53 George St 4 br h $725,000 VB
Sydney 3009/101 Bathurst St 1 br u $890,000 SP
Taren Point 122 Holt Rd 4 br h $1,715,000 PI
Tempe 5 Lymerston St 4 br h N/A W
Terrigal 2 Grasslands Av 4 br h N/A PI
Terrigal 16b Kings Av 3 br h N/A W
Terrigal 117 Riviera Av 5 br h N/A SN
The Entrance 15/15 Ocean Pde 2 br u $215,000 S
Toukley 21 Tamar Av 2 br h N/A W
Turrella 1 Wilkins St 3 br h $687,000 S
Ultimo M909/70 Mountain St 1 br u N/A PI
Umina Beach 39 Greenhaven Dr 4 br h N/A W
Wahroonga 151 Lucinda Av 4 br h $1,050,000 VB
Wareemba 149 Hampden Rd 3 br h $330,000 VB
Warriewood 25 Carpenter Cr 6 br h $1,050,000 VB
Waterloo 1013 Bourke St 2 br h $720,000 VB
Watsons Bay 11/3 Military Rd 2 br u $745,000 SP
Winston Hills 7a Model Farms Rd 3 br h N/A PI
Woollahra 37 Jersey Rd 3 br h $3,000,000 VB
Woollahra 4/120 Oxford St 4 br u $1,020,000 PI
Woolooware 4/3a Trickett Rd 1 br u $336,000 S
Woongarrah 36 Barrington Dr 4 br h N/A PI
Yagoona 6a Fenwick St 3 br h N/A PI
Yagoona 50 Rangers Rd 2 br h $445,000 VB

KEY: S indicates property sold; SP – property sold prior; PI – property passed in; PN – sold prior not disclosed; SN – sold not disclosed; NB – no bid; VB – vendor bid; o res – other residential; w – withdrawn prior to auction; N/A – price or highest bid not available; SA – sold after auction; SS – sold after auction price not disclosed. br – bedroom(s); h – house,cottage,villa, semi,terrace; u – unit, duplex; t – townhouse; dev site – development site; o res – other residential.

 

For a more comprehensive list of results covering all reported sales by postcode in the past 12 or 24 months, visit http://www.homepriceguide.com.au Copyright © Australian Property Monitors 2011.

Melbourne Auction Results Saturday 18th June 2011


Total Properties: 257

Sold: 137

Withdrawn: 7

Cleared: 52%

Median: $610,000

Total Sales: $78,279,470

Suburb Address Type Price Result
Albert Park 5/56-58 St Vincent Pl 1 br u N/A PN
Altona 3/237 Esplanade 2 br t $590,000 PI
Armadale 7/844 Malvern Rd 2 br u N/A SN
Armadale 9/23-25 Rose St 1 br u $482,000 S
Aspendale 2/184 Nepean Hwy 3 br t $750,000 VB
Aspendale 63 Tarongo Dr 4 br h N/A NB
Balwyn 11 Percy St 5 br h $2,700,000 PI
Balwyn 12a/47 Yerrin St 3 br u $475,000 S
Balwyn North 105 Doncaster Rd 5 br h $1,260,000 S
Bentleigh 4b Cushing Av 4 br t $1,020,000 VB
Bentleigh 16 Seaview Av 3 br h $950,000 S
Bentleigh 2 Strathmore St 2 br h $957,000 S
Bentleigh East 140 Bignell Rd 3 br h N/A SN
Bentleigh East 204 East Boundary Rd 3 br h $750,000 VB
Bentleigh East 4a Hemingford Rd 3 br t $752,000 S
Bentleigh East 1/16 Majdal St 4 br t $660,000 VB
Bentleigh East 2 Moor St 3 br h $731,888 S
Bentleigh East 2 Namron St 3 br h $700,000 VB
Bentleigh East 40 Wards Gr 5 br h $800,000 VB
Berwick 5 Brennan Ct 3 br h $890,000 VB
Berwick 48 Brisbane St 4 br h $670,000 VB
Berwick 14 Graneel Gr 4 br h N/A PI
Berwick 16 Mirrabook Ct 2 br h N/A PI
Black Rock 3/16 Middleton St 3 br t $860,000 SP
Blackburn 49 Alandale Rd 5 br h $790,000 VB
Blackburn 113-115 Lake Rd 3 br h $1,050,000 S
Box Hill 953 Canterbury Rd 5 br h N/A PI
Box Hill 12/29-31 Howard St 2 br u $352,500 S
Box Hill North 6/22 Paisley St 3 br u $635,000 PI
Box Hill North 1/4 Saxton St 3 br t $945,000 S
Box Hill South 3 Frank St 4 br h $725,000 S
Box Hill South 19 Monash St 3 br h $771,000 S
Braybrook 7 Hanna Ct 3 br h $710,000 VB
Braybrook 12 Kingsford St 2 br h N/A PI
Braybrook 24 Rose St 2 br h $370,000 S
Braybrook 1/13 Windsor St 2 br u $333,000 S
Braybrook 8 Winjeel Ct 4 br h $750,000 PI
Brighton 7/30 Brickwood St 2 br u $610,000 S
Brighton 119 Cole St 3 br h $1,225,000 VB
Brighton 37/149 Male St 2 br t $700,000 VB
Brighton 65 William St 3 br h N/A SN
Brighton East 1/252 South Rd 3 br u $575,000 S
Brighton East 2/252 South Rd 2 br u $410,000 S
Brighton East 3/252 South Rd 2 br u $397,000 S
Brighton East 179 Thomas St 4 br h $845,000 VB
Brunswick 269 Brunswick Rd 3 br h $596,000 S
Brunswick East 3/20 Albert St 3 br h N/A SN
Brunswick East 3/2 Holmes St 2 br t $550,000 VB
Brunswick East 212 Stewart St 2 br h $625,000 S
Burwood 6/4-6 Keogh St 2 br t $500,000 SP
Burwood 4/35 Leopold St 3 br u $670,000 S
Burwood East 12 Aruma Ct 4 br h $561,000 S
Burwood East 24 Robinlee Av 5 br h $525,000 VB
Camberwell 1/16 Hollsmoor Rd 4 br h $1,250,000 VB
Camberwell 2/25 Thomas St 2 br u N/A PI
Carlton 578/488 Swanston St 2 br u $300,000 S
Carrum 11 Emma St 3 br h $460,000 VB
Caulfield North 6/62 Hawthorn Rd 2 br u N/A PI
Caulfield South 164 Sycamore St 4 br h N/A SN
Chelsea 2/52 Blantyre Av 3 br h $387,500 SA
Chelsea 2/7 Sherwood Av 2 br u N/A PI
Cheltenham 17 Peters Dr 4 br h $540,000 VB
Cheltenham 3/1a Sunray Av 2 br u $360,500 S
Cheltenham 230a Warrigal Rd 2 br h $460,000 S
Cheltenham 109 Wilson St 3 br t $480,000 VB
Clayton South 1 Frank Av 4 br h $450,000 PI
Coburg 25 Blair St 2 br h $575,000 VB
Coburg 14/95 Harding St 2 br u $400,000 VB
Coburg 9a Methven St 3 br h $600,000 VB
Coburg North 4 Ballard Av 2 br h $421,000 S
Cranbourne 6 Hotham St 4 br h N/A NB
Croydon 272 Maroondah Hwy 3 br h $500,000 VB
Croydon Hills 20 Bowness Ct 5 br h $650,000 S
Dandenong 7/4-6 Keys St 2 br u $230,000 VB
Dandenong 14 Kirkham Rd 3 br h N/A PI
Dandenong North 21 Murray Rd 3 br h $420,000 VB
Dandenong North 1/18 Victor Av 3 br t $300,000 S
Delahey 5 Goldsmith Av 4 br h $390,000 VB
Delahey 42/A Yeats Dr 3 br h $322,500 S
Docklands 702/834-842 Bourke St 1 br u $350,000 PI
Docklands 607/18 Waterview Wk 2 br u $535,000 VB
Doncaster East 3/46 Boronia Gr 3 br t N/A NB
Doveton 7 Liquidamber St 3 br h $300,000 VB
Eaglemont 40 Alandale Rd 2 br h N/A PI
Elwood 3/117 Brighton Rd 2 br u N/A PN
Elwood 6a Foam St 3 br t $936,000 S
Elwood 2/1 Ormond Esp 2 br u $500,000 PI
Eumemmerring 11 Gumbuya Cl 3 br h N/A W
Eynesbury 595 Eynesbury Rd 4 br h N/A SS
Fairfield 2 Evans St 3 br t $727,500 S
Ferntree Gully 3/5 Veronica St 2 br u $242,000 PI
Fitzroy North 7/118 Holden St 1 br u $357,000 S
Flemington 10 Dartford St 3 br h $842,000 S
Flemington 39 Eltham St 4 br h $930,000 VB
Flemington 50 Pinoak Cr 2 br h $705,000 S
Footscray 2/15 Empire St 2 br t $450,000 PI
Footscray 10/103-107 Gordon St 2 br u N/A SN
Frankston 9 Bondi Av 7 br h $650,000 VB
Frankston 1/18 Nolan St 2 br u $295,000 S
Frankston South 2 Hendra Ct 4 br h N/A W
Glen Iris 1/29 Dickens St 2 br h $771,000 SP
Glen Iris 1487 High St 4 br h $1,050,000 VB
Glen Waverley 2/11 Montclair Av 3 br t $751,000 SP
Glen Waverley 9 Oleander St 4 br h $640,000 S
Glen Waverley 20 Tamarisk Av 3 br h $635,000 S
Glenroy 51 Morell St 4 br h $479,000 S
Greensborough 83 Alexandra St 3 br h $650,000 PI
Hampton 15 Hamel St 4 br h $1,380,000 VB
Hampton 3 Linacre Rd 3 br h $1,460,000 S
Hampton 5/34 Linacre Rd 2 br u $495,000 S
Hampton 4/35 Willis St 2 br u N/A SN
Hawthorn 222/367-369 Burwood Rd 1 br u $147,500 SP
Hawthorn 8/563-565 Glenferrie Rd 1 br u $345,000 S
Hawthorn East 16 Beaconsfield Rd 4 br h $1,850,000 S
Heathmont 3 Banksia Ct 4 br h N/A PI
Heathmont 11 Campbell St 3 br h $715,000 S
Highett 46a Albert St 3 br t $740,000 SP
Highett 1a Dart St 2 br h $510,000 VB
Highett 5/10-11 Maxflo Ct 1 br u $375,000 VB
Hughesdale 31 Willesden Rd 4 br h $880,000 VB
Ivanhoe 3/26 Belmont Rd 3 br u $851,000 S
Ivanhoe 4/59-61 Green St 1 br u $330,000 S
Ivanhoe 403/3 Kiernan Av 3 br u $700,000 S
Ivanhoe 1/30 Livingstone St 2 br t $469,500 S
Ivanhoe 3/43 Marshall St 2 br h $540,000 VB
Keilor 212 Burrowye Cr 4 br h $583,500 S
Keilor East 58 Rachelle Rd 3 br h $540,000 VB
Kensington 37 Bayswater Rd 3 br h $780,000 VB
Kew 3/1227 Burke Rd 2 br u $517,000 S
Kew 16/1 Yarra Bvd 3 br t $770,000 S
Keysborough 4 Chris Ct 4 br h $440,000 SA
Keysborough 20 Emmerson St 4 br h N/A PN
Kingsville 139 Coronation St 3 br h $560,000 PI
Kingsville 207 Geelong Rd 3 br h N/A NB
Langwarrin 43 Cedar St 4 br h $480,000 PI
Lilydale 57 Cave Hill Rd 3 br h $400,000 VB
Maidstone 1 Churchill Av 3 br h N/A W
Maidstone 61 Madden St 3 br h $690,500 S
Maribyrnong 36 Cumberland Dr 4 br h $1,000,000 VB
McKinnon 5/10 Capitol Av 2 br u $469,000 S
McKinnon 2/1 Graham Av 3 br u N/A W
Meadow Heights 8 Manuka Pl 3 br h N/A W
Melbourne 7/6 Anthony St 1 br u $353,500 S
Melbourne 1116/480 Collins St 1 br u $285,000 SP
Melbourne 212/547 Flinders La 2 br u $280,000 PI
Melbourne 2406/68 Latrobe St 2 br u $540,000 PI
Melbourne 301/1 Roy St 3 br u $900,000 VB
Melbourne 124/539 St Kilda Rd 2 br u $520,000 VB
Melton South 51 Blamey Dr 3 br h N/A PI
Melton West 5 Connata Pl 3 br h N/A PN
Middle Park 23/109 Nimmo St 1 br u $490,000 VB
Middle Park 107 Wright St 3 br h $1,750,000 VB
Mill Park 6 Redleap Av 3 br h $370,000 VB
Montmorency 20 Kirwana Gr 5 br h $578,000 SA
Moonee Ponds 78 Dean St 3 br h $740,000 VB
Pascoe Vale
Mount Dandenong 1-3 Toorak Rd 4 br h $489,500 S
Mount Evelyn 21 Mitarm Cl 3 br h $365,000 S
Mount Waverley 4/543-545 High Street Rd 3 br t $550,000 S
Mount Waverley 3 Marie Ct 3 br h $551,000 S
Mount Waverley 1/32 Parkinson St 3 br u $535,000 S
Mulgrave 4 Everton Cl 3 br h $570,000 S
Mulgrave 5 Hainthorpe Gr 4 br h $460,000 VB
Mulgrave 9 Selhurst Park Rd 4 br h $830,000 S
Mulgrave 2 Suffolk Gr 4 br h $652,000 SP
Mulgrave 101 Waverley Park Dr 4 br h $685,000 PI
Murrumbeena 3/22 Murrumbeena Rd 1 br u $280,000 VB
Notting Hill 2/642 Blackburn Rd 3 br u $455,000 SP
Oakleigh 5/167 Atherton Rd 2 br t $395,000 S
Oakleigh East 3/5 Highland Av 3 br t N/A PI
Oakleigh East 1/59 Patrick St 3 br u $546,000 S
Olinda 10 Monash Av 2 br h $302,000 S
Pakenham 68 Tipperary Cct 4 br h $276,000 S
Parkdale 5/8 Laburnum St 2 br u $390,000 VB
Parkdale 18a Olive Gr 4 br h $690,000 VB
1/15 Sefton St 3 br t N/A W
Port Melbourne 104 Derham St 2 br h $685,000 S
Port Melbourne 399 Howe Pde 3 br h $1,210,000 S
Port Melbourne 3a Princes Pl 3 br h $1,050,000 PI
Prahran 42 Aberdeen Rd 2 br h $675,000 S
Prahran 11/300-302 High St 2 br u N/A PI
Reservoir 33 Gertz Av 4 br h N/A SN
Reservoir 5/54 St Vigeons Rd 2 br u N/A PI
Reservoir 2/1 Titus Ct 2 br u N/A NB
Richmond 143 Burnley St 2 br h $700,000 VB
Richmond 6/25 Coppin St 2 br u N/A SN
Richmond 708/8 Howard St 2 br u $745,000 PI
Richmond 18 Lincoln St 3 br t $860,000 PI
Richmond 11 Sutton Gr 3 br h $1,100,000 S
Richmond 9 Waverley St 3 br t N/A SN
Ringwood East 12 Rawson Ct 4 br h $745,000 S
Roxburgh Park 34/22 The Ridge 3 br h N/A PI
Sandringham 27 George St 3 br h $810,000 PI
Seddon 34 Hamilton St 2 br h $667,500 S
Seddon 36 Walter St 3 br h $620,000 VB
South Melbourne 405 Dorcas St 4 br h N/A SN
South Melbourne 407 Dorcas St 4 br h N/A SN
South Morang 67 Meridian Dr 4 br h $460,000 VB
South Yarra 3/45 Albion St 2 br u $558,000 S
South Yarra 520/30 Bray St 2 br u $500,000 VB
South Yarra 15/9 Cromwell Rd 2 br u $505,000 S
South Yarra 6 Fulham Av 4 br h $4,700,000 VB
South Yarra 1/2-4 Mona Pl 1 br u $395,500 S
South Yarra 2/14 Tivoli Rd 1 br u $260,000 VB
South Yarra 503/200 Toorak Rd 2 br u $595,000 PI
Springvale 2 Davis Wy 4 br h $757,000 S
Springvale 2 Kallista Rd 3 br h $510,000 VB
St Kilda 14/47 Brighton Rd 1 br u $304,000 SA
St Kilda 310/163 Inkerman St 2 br u N/A NB
St Kilda West 13/318 Beaconsfield Pde 1 br u $345,000 S
Sunshine 31 Couch St 4 br h N/A PI
Sunshine 8 Walter St 3 br h N/A PI
Sunshine West 8a Susan St 3 br t N/A PI
Toorak 58 Irving Rd 2 br t $981,000 PI
Toorak 7/645 Malvern Rd 2 br u $420,000 VB
Toorak 10/746 Orrong Rd 2 br u $624,000 S
Viewbank 17 Duff Pde 5 br h $690,000 S
Wantirna 15 Sandhurst Rd 3 br h $482,500 S
Werribee 2 Carbon Ct 3 br h $270,000 SP
West Footscray 148 Cross St 3 br h $480,000 VB
West Footscray 35 Napoleon St 3 br h $435,000 VB
West Melbourne 93/33 Jeffcott St 3 br u $626,000 PI
Wheelers Hill 8 Gumtree Cl 5 br h $800,000 PI
Wheelers Hill 9 Oregan Cl 4 br h $719,000 S
Wheelers Hill 58 Rembrandt Dr 3 br h $625,500 SP
Wheelers Hill 53 Strickland Dr 4 br h $841,000 SP
Wheelers Hill 3 Truscott Ct 4 br h $610,000 S
Williamstown 32 Railway Pl 3 br h $750,000 PI
Williamstown 13 Richard St 2 br h $700,000 VB
Williamstown North 77 Park Cr 4 br h $840,000 VB
Windsor 13 Ellesmere Rd 6 br h N/A SN
Yarraville 2 Barnet St 2 br h N/A SN
Yarraville 7 Brooks Pl 2 br h N/A SN
Yarraville 3 Free St 3 br h $685,000 S
Yarraville 54 Murray St 3 br h $754,000 S
Yarraville 11a Stewart St 2 br h N/A W

KEY: S indicates property sold; SP – property sold prior; PI – property passed in; PN – sold prior not disclosed; SN – sold not disclosed; NB – no bid; VB – vendor bid; o res – other residential; w – withdrawn prior to auction; N/A – price or highest bid not available; SA – sold after auction; SS – sold after auction price not disclosed. br – bedroom(s); h – house,cottage,villa, semi,terrace; u – unit, duplex; t – townhouse; dev site – development site; o res – other residential.

 

For a more comprehensive list of results covering all reported sales by postcode in the past 12 or 24 months, visit http://www.homepriceguide.com.au Copyright © Australian Property Monitors 2011.

Lowy’s $1.9m home makeover


AGING Westfield Group founder Frank Lowy has splashed out $1.9m on his harbourfront mansion to make it easier for him to access.

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Lowy’s $1.9m home makeover

Clever fence men make pool inspections a snap with iPhone app


Cairns businessmen are using their iPhones to help ease the pressure of their? workloads.

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Clever fence men make pool inspections a snap with iPhone app

Much-loved home scans the skyline


FROM the street it looks like your average house, but when welcomed inside you discover it is a family home built out of hard work, happy memories and a love that has lasted more than 55 years so far.

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Much-loved home scans the skyline

Cove’s shrinking footprint


SANCTUARY Cove has been officially recognised for actively reducing its ecological footprint by becoming the first mixed-use development in Australia to receive EnviroDevelopment certification.

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Cove’s shrinking footprint

Changes erode state’s advantage


JUST like State of Origin, Queensland is set to lose its competitive advantage over NSW when it comes to housing after this week’s State Government changes to stamp duty, according to one agent.

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Changes erode state’s advantage

GPT deal falls through


Mining magnate Nathan Tinkler is believed to have pulled out of a $600 million deal with developer GPT Group to redevelop a site in central Newcastle.

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GPT deal falls through

On-site power a winner


GENERATING electricity using small gas-powered plants can cut bills and reduce greenhouse emissions.

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On-site power a winner

House prices prove nay-sayers wrong


THE numbers indicate a stabilising of the downward trend in our biggest cities.

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House prices prove nay-sayers wrong

Home in on the right design


FINDING a suitable architect is the difficult but essential first step for many intent on designing a new home or renovating.

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Home in on the right design

Units stack up as house sales drag the chain


DESPITE the residential market being flat as a tack, units are still performing better than houses.

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Units stack up as house sales drag the chain

How to buy property in a falling market


Peter BoehmResidential property buyers, especially first time buyers, are getting mixed messages at the moment. On the one hand, property spruikers, estate agents and those with an interest in promoting and selling property are talking the market up.

On the other hand, market analysis provided by independent property research companies show prices have fallen in all the major markets which is likely to continue into the immediate future. In fact, some pundits predict that prices could fall by as much as 10% over the next twelve months.

It’s a buyers’ market

Historically high stock levels, consistently low auction clearance rates (rates which are below the levels needed for a balanced market), the prospect of higher borrowing costs and a drop in home loan approvals are among a number of key indicators that has the property pendulum clearly swinging in favour of the buyer.

For this reason buyers are being encouraged to enter the market because, it is argued, their negotiating position is the strongest it has been for some time and as a result, they may be able to pick up a bargain, particularly from sellers who have to sell. While this may be true in theory, in practice recent price falls have not been sufficient to effectively mitigate chronic affordability issues. Add to this the risk that post-purchase prices could fall even further it means buying conditions are not really as favourable as some would have us believe they are.

Buyer beware

Let’s explore the impact of falling house prices a little further and assume you’ve bought a $400,000 property by contributing $40,000 of your own money and have borrowed the rest. This means you’ve borrowed at a 90% loan-to-value ratio and have 10% equity. Let’s now look at how your equity would be affected if prices dropped by varying amounts over a twelve month period:

As the table above illustrates it takes only a 5% reduction in property values to wipe out half your equity while a 10% reduction would wipe out everything. Anything above 10% and you’re in negative equity territory (Remember during the first twelve to eighteen months of a principal and interest loan the principal balance reduces only marginally).

So if you’re looking to buy and you’re worried about falling prices, the scenario we’ve looked at above is not a particularly appealing one, at least over the short term. So the question becomes, is it better to buy now, or to wait?

Is now is a good time to buy?

One of the main arguments for buying now is that residential property should be viewed as a long term investment and that while prices can and do fluctuate, history has shown that over the longer term they increase. In fact, historically they double every seven to ten years or so. So if you can get a good price now, even though there’s a risk that prices may fall, in the longer term you’ll still be ahead because when the inevitable price recovery occurs you’ll recoup (usually quickly as demand picks up) any short term losses. And don’t forget, a loss is only a loss if it’s realised. So if your property does go down in value in the short term, it’s only a paper loss unless and until you sell.

Aligned to this is that if you wait and the expected loss doesn’t materialise but in fact prices start edging up, you would have forgone the benefits of capital growth. This could hurt you in a number of ways. Firstly, you could end up paying more tomorrow than you would today. Secondly, and consequently, you may need to put up a bigger deposit and borrow more, which will cost you in time and money (i.e. higher borrowing costs) and you may even, ironically, be priced out of the market if prices really take off. And finally, you may miss out on wealth creation through your property’s capital appreciation.

Another reason to buy now is less competition. With fewer active buyers and more housing stock on the market you may find yourself in the enviable position of being spoiled for choice as well as having the upper hand as far as negotiations are concerned. And we’re not talking just about price, but also things like the settlement period (e.g. it could be longer or shorter), deposit requirements, repairs and maintenance (i.e. getting the owner to fix problems and faults) and the inclusion of items that may not otherwise have been part of the sale (like furnishings and fittings and outside items like plants etc).

Is it’s better to wait?

Of course while there are benefits in buying now there are also some advantages in waiting. Chief among these of course is the possibility that if you wait a bit longer you might get the property you want at a cheaper price, especially if the property has failed to sell at auction and/or the property has been on the market for some time. A lower price may mean the difference between being a home owner and being a renter.

A lower price may also help improve affordability and save you money through lower borrowing (i.e. interest) costs. In addition, as prices drop, so to does the loan-to-value ratio because your deposit makes up a larger proportion of the purchase price. This will help you reduce the amount of lenders’ mortgage insurance you have to pay, or even help you avoid it altogether.

Finally, by waiting, it not only enables you to save a bigger deposit and shore up your finances, but gives you more time to consider market direction, giving you greater opportunity to assess the likelihood of further price falls or whether the bottom has been reached and the market is about to turn upwards.

The do’s and don’t of buying in a falling property market

If you’re thinking about buying in a falling market, here are some do’s and dont’s to consider:

 

  • Do research the market and in particular the areas you are thinking of buying into. And don’t forget to assess how individual property types, as well as suburbs are moving. Some locations and property types are performing better than others.
  • Do negotiate hard. Be patient. Use your research to support and justify the price you have offered.
  • Do look to add value. This is one of the best ways to benefit from a falling market. Less popular or run-down properties can be bought at a considerable discount and once updated or renovated can provide significant capital gains often above the level achieved in the market generally. But don’t forget the old adage Location Location Location.
  • Do contribute as big a deposit as you can. It’s a security against falling prices and in case you get into financial difficulties.
  • Don’t buy just because you believe you can snap up a bargain. Remember there’s no guarantees and, especially if you’re buying to invest, your focus needs be on the medium to long term. If you’re investing, it’s risky to expect quick, short term gains – this is a gamble and should be avoided unless you have money to lose.
  • Don’t buy if you can’t afford it. For instance, if your limit is $500,000 and a property you wanted but couldn’t previously afford was originally marketed for $575,000 but is now being offered at $525,000, you’d still be buying above your limit if you tried to purchase at that price, even with a $50,000 discount. Always stick to your budget no matter what the market conditions.
  • Don’t borrow at a very high loan-to-value ratio. If prices drop your initial equity can quickly disappear (as we discovered earlier). You should always aim for at least a 10% deposit but 20% is better.
  • Don’t buy before you sell. If you are relying on the proceeds of sale from an existing property make sure you know exactly how much this property will contribute towards your new one – remember buyers of your property will be trying to get your price down as low as possible, just like you are with the property you’re want to purchase.

Follow Peter on Twitter at http://twitter.com/pete_boehm/

Peter Boehm’s first book The Great Australian Dream: A Guide to Buying Your First Home is now available from all good bookstores and online. It discusses the numerous challenges Australians face in entering the property market and provides straightforward advice, hints and tips on

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Hedge funds back Moss to run Charter


A TRIO of hedge funds are proposing that the Bill Moss-founded Moss Capital become the new manager of the Charter Hall Office REIT.

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Hedge funds back Moss to run Charter

Tamawood downgrade guidance to $7m


Tamawood downgrade guidance to $7m…

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Tamawood downgrade guidance to $7m

Becton Property resolutions approved


Becton Property resolutions approved… 17 Jun 2011 10:09 AM

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Becton Property resolutions approved

Buying a house next to public transport, dodgy builders and strangers sleeping on your couch: This Week’s Picks.


This week we read about the importance of being close to public transport for homebuyers, how unlicensed builders can potentially do more damage than good and learned of a new website that that matches bedrooms with bodies: This Week’s Picks

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Buying a house next to public transport, dodgy builders and strangers sleeping on your couch: This Week’s Picks.

Southport Depot site secured


GOLD Coast City Council has bought a 5.4ha Southport parcel as the site of a future Southport Depot.

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Southport Depot site secured

Week one in a million


MORE than $1 million worth of factory units at Biggera Waters has been sold in one week by Ray White Commercial Runaway Bay.

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Receivers close in on Quinlivan titles


GOLD Coast property industry figure Dudley Quinlivan’s woes have deepened, with receivers moving on another of his properties.

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Receivers close in on Quinlivan titles

US data offers hope for stronger recovery


Jobless claims fall; housing starts, permits gain.

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US data offers hope for stronger recovery

No high-rises for burleigh


HIGH-RISES will be kept out of the Burleigh central business district as it goes through a long-awaited redevelopment phase.

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Insurance premiums soar 300 per cent


INSURANCE premiums for homes in flood zones have jumped more than 300 per cent, with companies warning of more hikes to come.

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Insurance premiums soar 300 per cent

Five Tips on How to Teach Kids to Respect Money


YEARS after finishing school, many of us would look back and wonder what real-life value some of the lessons we were taught actually gave us.

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Five Tips on How to Teach Kids to Respect Money

Growthpoint has 99% of Rabinov Property Trust


Growthpoint has 99% of Rabinov Property Trust…

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Growthpoint has 99% of Rabinov Property Trust

Coast unit prices holding steady


UNIT prices on the Gold Coast have fallen just 2.7 per cent since the property market peaked in early 2008, according to research released yesterday by RP Data.

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Coast unit prices holding steady

Australand Property acquires master planned residential site in Sydney


Australand Property acquires master planned residential site in Sydney… 15 Jun 2011 17:26 PM

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Australand Property acquires master planned residential site in Sydney

Westfield’s Lowy set for full recovery


WESTFIELD Group co-founder Frank Lowy is in hospital receiving treatment for an inflamed bile duct, but is expected to make a full recovery.

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Westfield’s Lowy set for full recovery

Multi-tiered property marketing contributes to price drops and rising mortgage arrears rates


Multi-tiered property marketing is the ‘elephant in the room’ and a major contributing factor to Queensland’s recent ranking as the number one most vulnerable state to mortgage stress, according to WBP Property Valuers.

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Multi-tiered property marketing contributes to price drops and rising mortgage arrears rates

Now is the moment for cashed-up Sydney investors


Sydney’s housing shortage combined with interest rate stability, increased immigration and vacancy rates below one per cent will continue to strengthen Sydney property investments, according to Angus Raine of Raine and Horne.

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Now is the moment for cashed-up Sydney investors

Grazing at Malmsbury


KALLUMALLY West has served as an excellent grazing property for its owners for the past 15 years.

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Stunning home at Leopold


DAVID and Barbara Ricardo moved to Qualcryst 28 years ago from Geelong.

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Mortgage stress grips nation


QUEENSLAND makes history as Australia’s worst state for mortgage defaults, with two per cent of holders in arrears.

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Mortgage stress grips nation

Natural disasters to hit premiums


AUSTRALIA’S biggest insurance companies are lifting premiums as they react to a succession of natural disasters.

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Natural disasters to hit premiums

State leads field in mortgage defaults


QUEENSLAND has made history as Australia’s worst state for home loan defaults, with 2 per cent of mortgage holders in arrears.

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State leads field in mortgage defaults

SkyCity to fund major NZ convention centre


Casino operator preferred developer; approval pending. 14 Jun 2011 4:56 PM

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SkyCity to fund major NZ convention centre

SkyCity to fund major NZ convention centre


Casino operator preferred developer; approval pending. 14 Jun 2011 4:56 PM

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SkyCity to fund major NZ convention centre

Finding Private Investors to Fund Your Real Estate Investments

If you are considering getting started in the real estate market with a project of your own, but you are low on funds, then you need to know how to find the right private investor to fund your project.

Some signs of life in the Australian property market


Despite all the doom and gloom in the media, the latest data from the ABS reveals some sign of life in Victorian home loan activity, which may be an indication that the Victorian property market is finally stabilizing. Victorian seasonally adjusted owner-occupied home loans increased by 4.1 per cent in April compared with the figures for March. Seasonally adjusted figures for the year thus far, show a slightly higher (1.8%) number of home loans than for the same period during 2010.

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Some signs of life in the Australian property market