Blog & Insights

A Snapshot of the Latest Property Rules

A Snapshot of the Latest Property Rules

Significant protections are currently still in place for tenants who have reason to be worried about inspections of their property during Covid-19. The virus has not gone away and neither have genuine concerns. In Victoria, tenants can decline to permit access to...

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Will Property Prices REALLY Drop By 30%?

Will Property Prices REALLY Drop By 30%?

When credible players in business start talking about extraordinary falls in value for Australian property, we should all pay attention, right? Well yes. But we need to really pay attention, not just read the headlines. Commonwealth Bank did not predict drops of 32%...

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Property Inspections – What’s Legal, What’s Safe?

Property Inspections – What’s Legal, What’s Safe?

Restrictions for property inspections under Victoria's Benevolent Leader  are to be relaxed from Wednesday 13th May. Open inspections are now permitted again, with a limit of 10 people at any one time (plus agents). Also, the same number can participate in an...

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Property Prices: Where Next?

Property Prices: Where Next?

Generally speaking, property prices don’t move quickly; more like a large ship turning. But they are nearly always moving up or down. Once it is clear which direction, the strange thing is that buyers and sellers tend to think the direction will continue to get...

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Victoria Bans Property Inspections (Really!)

Victoria Bans Property Inspections (Really!)

Update 2.30 Mon 13/4/20 Consumer Affairs Victoria have reversed their position and one on one inspections for occupied properties are now permitted again. The rules relating to inspections have been spelt out and basically reflect the position taken by agents prior to...

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CV-19: What Can We & Can’t We Do In Victoria

CV-19: What Can We & Can’t We Do In Victoria

Everyone is trying to get the balance right; and everyone has an opinion about where that balance is. We have different rules in Victoria to every other state in Australia. Here, we can’t visit direct family members unless for health reasons. In fact, we have quite...

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Will COVID-19 Affect Property Prices?

Will COVID-19 Affect Property Prices?

In short, yes. Of course it will. It is going to affect every part of our economy and lives over coming months. The silliness of the Great Toilet Paper Shortage goes to show that people are scared and not necessarily behaving rationally. And doesn’t the news media...

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Coronavirus: The Local Impact of a Global Crisis

Coronavirus: The Local Impact of a Global Crisis

As the death toll climbs inexorably toward 1000, clearly the loss of life from this frightening virus is of most impact. Fear is now rippling around the world. This fear will be of ongoing impact even after the disease has been controlled. It was something of a shock...

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New Rental Laws – A Whole New Ballgame

New Rental Laws – A Whole New Ballgame

A disaster coming or “finally, things will be fairer”? Whatever your opinion, new laws (flagged before the last election) are about to be activated in Victoria. Fairly strong opinions are held on this topic. Some changes aren’t too contentious. Others definitely are....

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Why Do Real Estate Agents Lie?

Why Do Real Estate Agents Lie?

10 Examples with the Best Response of Lies Real Estate Agents Tell in 2020 It is not uncommon for a real estate agent to be tempted into bending the truth to make a sale. This tendency toward dishonesty is perhaps the key reason that the real estate industry has had a...

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A BIG Sleeper Tax Is Coming – Act Very Soon

A BIG Sleeper Tax Is Coming – Act Very Soon

The good news is that this tax will mainly only affect Australian residents living overseas (expats) but the consequences are huge. And most of them are unaware of it. If you know someone in this category, please bring this to their attention. The window is closing....

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