Are house prices falling? Not yet, but residential property prices are certainly not immune to the impacts of the coronavirus pandemic. Predicting property prices is a favourite pastime for many economists but in most circumstances, forecasts are inaccurate. During the coronavirus crisis, there have been projections of house price … Read more
One of Frankston South’s last remaining acreages — on 25, no less — is set to make its long-time owner millions, and could also pay off handsomely for the buyer. The 10.12ha block at 42-52 Stotts Lane borders housing estates but has rural conservation zoning not yet approved for development. But … Read more
The return of live auctions in some states and territories this month is the best news for Australia’s property industry since the coronavirus crisis ramped up in mid-March. Auctions appear to be trending back to normal in Sydney and Melbourne, but it will take some time for numbers to get … Read more
A townhouse has raised the price benchmark by $77,000 in Langwarrin after a flash sale. The 23A Maple St home lasted less than a week on the market before it changed hands for $752,000. At the front of a subdivided block, it eclipsed the previous suburb record for a townhouse, set … Read more
We are very excited to announce that again we are taking part in the St Vinnies CEO Sleepout to raise funds and awareness for homelessness in Australia, with our Director Ash Weston choosing to brave difficult conditions again in the fight for homelessness. Last year Ash helped to raise … Read more
Commencing in the coming days over a four week period (7 days a week), Frankston City Council in partnership with the Victorian Government is undertaking a city-wide cleansing blitz. What’s happening? At least 50 officers have been engaged through the Victorian Governments Working for Victoria program, ensuring those who may have lost … Read more
When the mercury drops, the cost of keeping your home toasty with central heating or space heaters can quickly add up. In fact, it’s estimated that the cost of heating a medium-sized house can range from $1140 to $1705 a year, depending on the type of heating system used, so it … Read more
Last Friday Scott Morrison announced a three-step plan to restart the Australian economy, including easing of real estate restrictions. Since that time the number of new properties advertised for sale has jumped. On Friday 8 May, Prime Minister Scott Morrison announced a three-step plan for bring Australia’s economy out of … Read more
If you’re renovating soon, be careful not to fall into cutting corners on areas that will save you time and money down the track – not to mention energy exerted on cleaning and upkeep. Building and renovating is an expensive exercise at the very best of times, so it can … Read more
The Commonwealth Bank has released modelling showing house prices could fall by almost a third by the end of 2022 under a prolonged economic slump, as it braces for a sharp rise in soured loans caused by the coronavirus. However, chief executive Matt Comyn also cautioned the outlook was highly … Read more