For sixth year in a row, Melbourne has been holding the crown for being the world’s most liveable city. The survey conducted by the Economist Intelligence Unit (EIU) was based on an index score of 140 in healthcare, education, stability, culture, environment and infrastructure. Source: Economist Intelligence Unit This year, Melbourne scored 97.5 out of […]
Based on the results of the latest research findings, as of last June, property prices in Melbourne grew more than twice the national average value. Figures released by the Australian Bureau of Statistics (ABS) shows that the value of intermediate residence in Melbourne grew by 8.2% in the last 12 months. CoreLogic also reported that […]
Dear Xynergians! Just a friendly reminder that we are working together with Real Food and Fit n Fast Gym Victoria to provide our dearest clients the best possible real estate service. By signing up with Xynergy, you will be entitled to receive a FREE regular coffee made with the best organic blend and a FREE two weeks fit and fast gym access. […]
We are just one step away from our most favourite month in the year! Christmas is just around the corner and we can already start feeling the excitement. This month is especially special for Xynergy as our team members went on a long-awaited cruise trip. Not only that, we also have a very exciting announcement […]
There is no doubt that home affordability is affecting new home buyers in the country. Core Logic recently released a report that gives an overview of housing costs in different parts of the nation. With the markets still sizzling in Sydney and Melbourne, people are finding it hard, if not impossible, to set foot on the property […]
The legislation You may be familiar with the term “underquoting”. It is commonly passed around in the property industry and is probably the most misunderstood. More importantly, it is one of the most widely and covertly used sales tactics. So what is underquoting? According to Consumer Affairs Victoria (CAV), the definition of underquoting is “when […]
2017 has seen vast shifts in the property markets with the raft of changes in real estate regulations. But beyond these changes, there are bigger macroeconomic factors responsible for shaping the current state of play in the industry. With a multitude of factors surrounding investment decisions, we look at what you need to know about […]
It’s hard to deny that house prices in Melbourne and Sydney are through the roof. And it’s not uncommon to hear people blame the government’s ‘relaxed’ rules for foreign investment in Australia. And more often than not, overseas investors are misunderstood and seen as purely negative. People are quick to make assumptions and get […]
WHAT REALLY SETS PROPERTY APART FROM OTHER INVESTMENTS? Aside from return on investment, potential for negative gearing and the opportunity to gain a loan for a majority of the investment’s value, there are other factors that distinguish property from other investments. While anticipated return is obviously an important reason for selecting one investment over the […]