Most media outlets are now talking gloom and doom. Many are saying the Westpac rate increase will lead all banks to increase their rates and therefore stop people buying properties. Many bloggers and print media point to median prices beginning to slow and in many capital cities, apart from Melbourne and Sydney, already in negative […]
It is now becoming frequent that we see auctions with ridiculously low reserves that are set in advance or even as one auction just announced – $1 reserve. What will this mean for the future of Real Estate? If a reserve is set so low as to be meaningless or indeed a “no reserve” auction […]
If you had listened to the property spruikers through 2003 – 2010 and bought Docklands, Southbank and high rise in some sections of the CBD, you may well have generated a reasonable rental yield. You should have had around 4% or better most years. But your property will have most likely not gone up in […]
