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Buying a property can be overwhelming that's why its important to get assistance from an experienced buyers agent. Call us to find out more or visit our website
At Property Mavens we understand that the wrong decision can cost you thousands, that's why we simplify the process for you as buyers agents. Call us to find our more
“Anecdotal evidence suggests that some agencies are employing property hosts to open properties for inspection, i.e. people who are not qualified Agents’ Representatives or Licensed Estate Agents may be acting as a host. Please be aware that such an approach is not permitted under the Estate Agents Act and exposes your agency to significant fines.
There are different drivers in play when a home buyer searches for a home to purchase versus an investor looking for an investment property. Key factors such as primary objectives, personal criteria, and emotion play important roles on what, where and how you choose it.
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.
It is the perennial question I get asked on radio, at forums or in my office: What is the best type of property to buy? The honest answer is, the same types I’ve been buying for a decade. But some years, things change and a new option pops up as a great investment. 2022 is such a year – so let’s take a deep dive into this year’s best buys.
As award winning buyers agents we know the importance of buying the right property. Call our director Miriam Sandkuhler or one of our buyers agents to find out more
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.
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.
At Property Mavens, we help investors to make the right choice when buying property in Melbourne and surrounds. Call us to find out more or visit our website
You might think property, like everything else in Melbourne, is locked down. But the sales of Melbourne homes are powering ahead and as the market opens up, it promises to get even hotter.
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.
Quite the opening line isn’t’ it! It’s about the flood of FAKE and bogus Buyers Agents still entering the sector and the huge risks to consumers. The 'PIG' I refer to are people who have entered the sector after being marketed to during ‘wealth creation seminars or Facebook ads, promoting this career pivot to ‘get rich quick’, on the backs of consumers.
While we spend a lot of time talking about which property to buy, managing a rental property is just as crucial to get a great investment return.
Maximizing Your Property Investment Returns: Tactical Financial and Rental Strategies for Landlords!
In your journey as a landlord, continuously optimizing your property's financial performance is essential. Here are some strategic steps to enhance your property investment returns:
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.
Managing cashflow shortfalls in property investment is essential for financial stability. Here are some effective strategies to help you weather the storm:
Election shock results “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. The current tightening of bank lending policies also highlights that inaction can cost opportunity altogether for buyers who are slow to take action. As I always say, the best time to buy property is when the bank will lend you the money. From there it about making a smart decision and buying the right property, in the right location, with the right attributes for growth , at the right price. That’s where we can help !
Property had a stellar year in 2021 with Melbourne values soaring 15.1% for the year; 22.1% nationwide. But at the end of the year, some statistics showed a slowing, leaving commentators suggesting the dream run was over. So, is it? We think that pessimism is misplaced with the market likely to record solid if somewhat unsexy growth in 2022. But there are signs you should look for to see how the market is travelling.
I have recently been engaged by clients to source, investigate and secure for them a home in the northern Melbourne suburbs. They are wanting a home that has potential for a good renovation in order to add value to their property. With the Brief and Budget locked in, I have now commenced the process of identifying suitable Investment Grade property options.
Multi award-winning REBAA member Miriam Sandkuhler from Property Mavens has started welcoming franchisee start-ups, saving entrants the hassle of setting up a business, including all administration systems and building a brand themselves.
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.
As buyers advocates in Melbourne we understand how damaging too much information can be, that's why we simplify the process for you. Call us today to find out more
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.
There are several frustrations that buyers commonly experience when purchasing a property which include: Limited Listings/Stock Levels: One of the most common frustrations for buyers is limited listings. In a competitive market, there may be few properties available that meet the buyer's criteria, leading to a longer search process and potentially settling for a property that isn't their first choice.
I recently spoke to a prospect who was comparing our buyer’s agency service and price to two other competitors. All 3 of us were established, reputable, skilled, very experienced, and worthy of engaging, so it was a fair comparison. And yes, there was some variation in our fees.
Miriam Sandkuhler, CEO of Property Mavens (independent property advisory firm) gets candid about the top 3 fears that prevent property investors from buying. From years of experience and expertise, she sheds light on these common fears and how to get beyond them.
At Property Mavens we understand risk and how to mitigate it for our clients when buying property in Melbourne and surrounds. Call us to find out how we can help
In today's dynamic real estate market, making informed decisions about your property portfolio is crucial. If you find yourself struggling with an underperforming property, it might be time to consider a strategic shift that can significantly boost your returns. Here's how you can take control of your investment journey:
Wage growth and property prices - an explainer. One of the fundamental drivers of property prices is the state of the overall economy. When times are good, the price of real estate tends to move up, but when the economy is struggling, property tends to suffer. The reason is that in a strong economy, wages and other incomes rise and in Australia (like most western countries) a sizeable chunk of that money flows through to property.
Buying property off the plan in Australia has become an increasingly popular option for buyers looking to enter the property market. However, like any investment, there are both risks and benefits associated with this type of purchase.
Given plenty of options, it can be overwhelming to choose the right investment property, that's why a buyers agent is so crucial. Call us to find out more
No nasties for investors. It goes without saying, negative gearing and capital gains tax concessions were unaffected by this year’s budget. It’s safe to say, any changes to tax and property ownership would cause a political earthquake which no politician wants.
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 wrong investment strategy can cost you thousands. At Property Mavens as award winning buyers agents we help you streamline things. Call us to find out more.
Buying a home is one of the biggest decisions you will make. At Property Mavens we make buying property easier. Visit our website or call to find out more
While many home buyers and investors focus on detached houses, in an expensive market like Melbourne, sometimes the best option with a limited budget is to wade into the unit market While it’s true Melbourne unit prices often rise less (8.7% in 2021, according to CoreLogic compared to 15.1% for detached houses) those broad figures include newer units which typically underperform market. So, what type of unit should you buy if you’re an investor or an ambitious home buyer?
With the Australian property market having a stellar performance throughout 2021, first time Property Investors are now looking at 2022 and deciding where to invest. After attending an online Property webinar yesterday, hosted by Hotspotting’s, Terry Ryder, with a panel of various property experts including our CEO Miriam Sandkuhler , it is clear that South East Queensland is a favoured location. And by all accounts the South East Queensland property market should be one of the stand out performers for 2022.
May 2017 - Buying property is an investment decision that should not be taken lightly. It requires an all-encompassing amount of research and decision making before a selection is finalised. And with close to every property being widely marketed to the public, it is important that investors carefully weed through the ‘glamorous’ advertising and the associated promises in order to make a wise property investment decision.
As little girls growing up, we have all seen the Disney animated fairy tales where the prince rescues the commoner and falls in love, or the Hollywood movie ‘happy ever after’ endings.
As women, we have been conditioned from a very young age by the media, the entertainment industry and even our families to assume we will meet our dream man (or woman), settle down and maybe even have children. And of course, we will live happily ever after…
The challenge with buying property in a rising market is to keep pace with the market and to and adjust your buying strategy accordingly, and if necessary, quickly. It’s not helped by the fact that in Victoria, when selling agents recommend the auction method to their vendors, the campaign inevitably starts off with either no disclosed price or bait pricing. This is where the campaign pricing starts low and then increases each week according to ‘buyer’ feedback.