Content about insider view

Content Item - BELL STREET BINGO: WHICH NORTHERN SUBURB WILL BE NEXT TO GET HIP?

Brunswick is long gone. Coburg, Thornbury, Preston too. And now the cafe brigade is continuing its march north.

Melbourne’s cool kid mecca – the inner north – has become increasingly expensive and, in turn, the trendy crowd is being forced to migrate above the long-understood hipster proof fence: Bell Street. One of Melbourne’s busiest roads has for years been the great divide of the north, and routinely held property prices back by hundreds of thousands of dollars.

But even Coburg North, a suburb well above the Bell Street threshold, has soared in price and cache, with the median house price now at $767,500. CoNo, as the trendy locals apparently call it, is now out of reach of many young buyers.

Tags: insider view,  melbourne property market,  property growth,  smart property investment

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Content Item - BANKS MAY MOVE ON INTEREST RATES INDEPENDENTLY OF THE RBA

"Many people fear that interest rates will go back to 7%. However, not all areas of the Australian economy are firing and while the economy is stable it is not in the interest of the Reserve Bank of Australia to risk a recession by making it harder for businesses and people to borrow."

"Whether it is for owner occupier property or for an investment, interest rates are still attractive so people should use them for carefully selected properties in well researched locations."

Tags: insider view,  interest rates,  understanding the property market

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Content Item - THE RARER THE PROPERTY, THE GREATER THE DEMAND AND THE PRICE

"First property buyers should look to entering the market as a town house owner in a well located property that they can potentially sell to families, couples, retirees and first home buyers. The aim is to build a portfolio of unique properties. Later, they can move on to a house. No two houses are ever identical. That is what creates demand. The rarity factor is the key. Unique aspects in terms of design and or location are what drives up the price."

Tags: expert advice,  melbourne property market,  jeff grochowski,  insider view

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Content Item - REPORT ON INVESTOR AND OCCUPIER MORTGAGES

RateCity has released a comprehensive report highlighting the issues facing home buyers and property investors when they apply for a mortgage.

1. Interest rates cut across all categories, largely led by a 0.25 per cent cash rate cut in August.

2. Home loans: Home loan rates have continued to trend downward after two RBA cuts in 2016, and a total of four cuts since February 2015, following a period of 18-months with rates on hold. Shorter-term fixed rates are sitting significantly lower than variable rates on average, suggesting there may be some room for rates to go lower in the easing cycle. Longer-term fixed rates are above variable, which suggests the low rates won’t last for ever.

Tags: interst rates,  understanding the property market,  jeff grochowski,  insider view

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Content Item - SINGLES PRICED OUT OF THE AUSTRALIAN PROPERTY MARKET

Only two of Australia’s eight capital cities have a median house price that can be afforded by an average single income, new analysis by Australia’s leading financial comparison website, RateCity.com.au, shows.

“Our analysis reveals a reality that many young Australians are now living; the impossibility of affording a median-priced house on an average salary in most capital cities,” said Peter Arnold, data insights director at RateCity.com.au.

Tags: accrue real estate,  insider view,  smart property investment,  can i afford to invest in property,  jeff grochowski

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Content Item - MELBOURNE RESIDENTIAL PROPERTY GROWTH DOUBLES AUSTRALIAN AVERAGE: ABS

MELBOURNE property’s price growth doubled the national average in the year to June, a new report shows - and experts say there’s more to come.

Figures released today by the Australian Bureau of Statistics show Melbourne’s average residential price increased 8.2 per cent during the 12 month period - the most of any capital city.

Tags: melbourne property market,  choosing the right location,  expert advice,  insider view

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Content Item - MELBOURNE SUBURBS WHERE IT’S CHEAPER TO BUY THAN RENT

Paul Bird from the REIV issued a media release that put a spotlight on those Melbourne suburbs where people should consider the economics of buying as opposed to renting.

Tags: choosing the right location,  can i afford to invest in property,  smart property investment,  insider view

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Content Item - TOP 10 QUESTIONS TO ASK TENANTS

These questions can help you screen tenants before taking the time to check up on references and will give you an insight into each individual, letting identify potential issues before they arise.

Tags: property management insights,  protecting your investment,  insider view

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Content Item - FINDING REALESTATE IN MELBOURNE, THE HIGHLY RANKED LIVABLE CITY

Year after year, Melbourne has been named in the top ten most livable cities in the World. Does that make realestate less affordable?

Each year, the list of the most popular cities in the World, draws attention to the leading locations and that focus, affects realestate prices. More people wanting to live somewhere that is very popular, leads to higher demand and that extra stimulous, leads to higher property prices.

Tags: melbourne property market,  expert advice,  choosing the right location,  insider view

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Content Item - Ms Nicole Deane

I was made to feel no pressure to buy these properties by Accrue and was advised that I was under no obligation and was shown numerous different properties before I made my decision.

Tags: insider view,  accrue real estate

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