Everybody loses except real estate agents
Miriam discusses with News Daily about how everybody loses with auctions, except real estate agents. “The challenge with auctions is that there are no cooling off periods available,” Property Mavens buyers agent Miriam Sandkuhler said. “People are buying it unconditionally on the day, and again, that’s why agents use them. They like a fast, unconditional sale.” Read more
Key Melbourne Areas Continue To Perform
Strong buyer competition in key areas of the Melbourne market, coupled with lower levels of stock available, is continuing to drive prices higher.
But buyers need to be highly selective about what and where they buy. Leading buyers agent Miriam Sandkuhler says fewer than 10% of properties in the market have the right fundamentals to perform consistently over the medium to long term.Read more
Why Investing in Property Isn’t Set and Forget
Miriam talks with realAs in regards to investing and why it isn't about setting and forgetting. Many investors venture into the property market wanting to buy a property that will deliver high capital growth, high income returns, require little maintenance and effectively need little of their time and attention. In other words, a ‘set and forget’ investment property that will make them wealthy, with little to no effort. Read more
Melbourne’s quality real estate is pulling in more bidders at auction
Miriam talks with Domain and says that the north and the west were experiencing high demand but current listings in these precincts were about two-thirds down on last year’s. Reservoir, 12 kilometres north of the CBD, was a top auction location on Saturday, hosting 13 auctions. “Reservoir has passed the threshold of being working class and is now up and coming,” Ms Sandkuhler said. Read more
How have estate agents changed?
This month Property Investor asked 5 property experts: What do you think the role of the estate agent has evolved to become in 2016? As Miriam says "I see the role of estate agents needing to become much more specialised and niche." Read more
4 Reasons Why Real Estate is Underquoted
Miriam talks about why real estate is under-quoted an how the need for pricing transparency nationally must come ahead of everything else, to eliminate an ingrained mistrust of estate agents by many consumers. Read more
North vs South wars: Melbourne
It’s a age-old turf war that is replicated across Australia’s capital cities – are you a northsider or a southsider? In the first in a series of North vs South we take a look at the territorial wars in our cities, starting with Melbourne.
The north-versus-south suburbs’ rivalry of Victoria’s capital city stems from deep historical roots. Naturally divided by the Yarra River, which snakes its way east-west from the Dandenong Ranges out to Port Phillip Bay . Read more
Hard to bag a bargain for established houses in pockets of Melbourne
Strong competition is forecast for established houses in the inner and middle ring suburbs before Easter.
In Preston, a 1950s three-bedroom weatherboard on just 380 square metres punched well above its weight when five bidders took it from the $610,000 reserve to $710,000, according to buyer’s advocate Miriam Sandkuhler. She let 10 Hope Street, Preston go to a young family, via Nelson Alexander. “It was a direct result of high demand and very low supply,” she said. Read more
Melbourne Moves Ahead As Capital Growth Leader
The start of 2016 has been a positive one for Melbourne’s real estate, with figures from Core Logic RP Data showing the Victorian capital is pulling ahead as Australia’s strongest market.
According to Core Logic RP Data’s latest Hedonic Home Value Index, the 12 months to the end of January saw Melbourne become the nation’s leader in terms of capital growth. Released yesterday, the index shows the past 12 months has seen the median dwelling price in Melbourne increase by 11% to $595,000. Read more
Buyers' Agent Brief
Miriam talks with Nicola McDougall from API Magazine about a Buyer's Agent Brief on how clarifying a client's objectives are important, including long term financial goals, how many properties he wants to buy and in what time frame.
I would want to know If Joseph is investing for capital growth or income and what his risk profile is (so that the strategy and property type match it). Read more