Blog
The Block Hampton; FAKE REALITY I have always been a passionate consumer advocate when it comes to real estate buying. I initiated and continued the media campaign and lobbying government against underquoting in 2014 for 2 years, to finally see legislated changes implemented in 2017 and then revised in 2019.
Property Mavens proudly makes its home in Melbourne’s inner bayside so we thought it would be a good idea to take a look at what’s happening locally. While other areas are capturing the limelight this year, be in no doubt Bayside is performing well for investors and homeowners alike.
House price data for the year to July was released on Monday and for property tragics like me, it proved a fascinating read. The overall picture is remarkably rosy, with CoreLogic showing Melbourne house prices rising 10.4% for the year. That was against a backdrop of the best performance in Australian property in 17 years.
One of the most fraught issues in property has been the political drama over negative gearing. It was the bunfight at the centre of the last election with the perverse effect of keeping house prices stuck in limbo despite very low interest rates and a surge in population growth.
Australia’s property market might be hot right now, but that doesn’t mean every property for sale is a good investment. Multi award-winning buyer’s agent Miriam Sandkuhler of Property Mavens says buyers still need to be very careful about doing the right research to choose locations carefully and due diligence before buying.
It was all going so well and then, like a bad dream, we’re back in lockdown. Frustrating for sure, but I see this as a short distraction for home buyers and investors.
The number of properties for sale is building as tree changers and sea-changers put suburban houses on the market to fund their lifestyle move.
Consumers are being urged to make sure their buyers’ agency is licensed and wholly independent. Currently every State and Territory in Australia has different licensing requirements so you need to make sure that the agency you’re dealing with holds a real estate qualification for the state that you’ll be buying in.
“The re-election of the Coalition government has cleared the way for investors to come back into the market. The near miss of Labor being elected and their negative gearing and capital gains tax property policies being implemented goes to show that investors shouldn’t rest on their laurels and assume that they can take their time when it comes to entering into the property market.
As an expert in property investing and founding CEO of Property Mavens (property investment advisory firm) Miriam Sandkuhler frequently gets asked her expert opinion on the industry. There is a flurry of newly graduated "buyers agents" in the marketplace, having done a 5 week non - RTO online course and now passing themselves of as ‘experts’ with NO experience. Many have never worked in the industry before !
Property Maven’s CEO Miriam Sandkuhler took some time to give her professional opinions on the trends in property investing in Australia for 2018. While she warns that she does not have a crystal ball she can say with certainty that what she is “forecasting won’t change unless there's an independent (or combination of) substantial adjustments to economic performance, employment, or interest rates escalating.”
As an expert in property investing and founding CEO of Property Mavens (property investment advisory firm) Miriam Sandkuhler frequently gets asked her expert opinion on what makes a property a good investment.
