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 […]
It’s common knowledge that spring is the most popular time to sell your home. The weather is usually good, bringing people out for auctions and daylight savings is under way, meaning there’s extra scope to hold open for inspections in the evening. But the best time to buy, or find a rental property, is not […]
With Australian property prices continually on the rise and foreign investment both encouraged and welcomed by the government, the Australian government needs to look at helping its citizens who might not be as financially well off. The median house price is currently at a record high of $826K in Melbourne, so how do we go […]
Property managers don’t drive the fancy cars, but they should be praised just as much as their sales agent counterparts. Tenants and landlords everywhere grumble about their property managers, assuming they aren’t doing their job properly or are simply doing nothing at all. It makes sense that the source of most complaints that real estate […]
When Bruce Oliver and Ivan Tandyo started Xynergy Realty in 2008 out of Ivan’s two-bedroom apartment, they had no idea they would manage over $1.3 billion worth of assets ten years later. This year marks Xynergy Realty’s ten-year anniversary, providing a time to reflect on all the duo have been able to achieve – from […]