Smart Buying: How to Navigate Australia’s Spring–Summer Property Market

Don’t rule out property investment until you’ve done the numbers.  You’ve read the books, magazine articles and reports. And you’ve been religiously checking real estate websites for properties. But when push comes to shove, you never follow through.   Don’t worry, you’re not alone. In fact, despite real estate being a national pastime, only 8.4% of Australians, or roughly 2.1 million people, owned an investment property, according to the Australian Tax Office.

Advertising real estate in today’s day and age has never been so elaborate. In order to appeal to sellers and buyers alike, Real Estate companies need to capitalise on all pieces of the marketing pie, in order to stand out from the crowd.

Gone are the days were companies only use traditional marketing methods (sign boards, mail drops, news paper listings, etc.) and hope it provokes enough interest to motivate a reader to buy a house!

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We’re all familiar with the adage “money can’t buy style”, and more than likely you’ve seen the evidence at any televised red carpet shindig. Well, it’s just as true for renovations as it is for fashion. There are times when a incredibly expensive renovation can look disastrous, and a cheaper renovation can look fantastic.

MMJ Real Estate WA's Managing Director Chris Geers talks Childcare Investments in WA for the Epoch Times...   For the past 12 years I have had direct involvement in the child care market in Perth, Western Australia (WA). Initially as a licensed valuer of child care centres and businesses, and more recently as a real estate agent buying, selling and managing them. Now, as the parent of a two year old who attends child care, I am also a customer.

Growing demand for office space is driving down vacancy rates in CBDs across Australia, with Melbourne and Sydney at decade-lows, according the latest Property Council Australian Office Market Report.   Overall, Australian office vacancy fell by 0.7 per cent in the six months to January 2019 to 8.5 per cent.