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Between them, Wakelin Property Advisory Founder, Richard Wakelin and Director, Jarrod McCabe have purchased hundreds upon hundreds of Melbourne homes over the decades. Let’s take a trip down memory lane and look at their best career purchases, from both a house and unit perspective.
While a single auction bid may take seconds, it’s a moment that can unlock long term financial rewards for years to come. Let’s drill down on the auction bidding process, exploring successful strategies to help you edge out the competition.
Buyers often start off the purchasing process with an ideal property in mind, however like most things in life, ideals often have to give way to practicalities. After a number of failed attempts to secure their top priority properties, many buyers realise they need to make some compromises. Let’s look at dealing with second preferences and bridesmaid suburbs.
Off-market properties provide valuable and unique opportunities for those in the know. However, given its nature, it’s an area that can seem a little mysterious for many property investors. So let’s prise open and explore the world of off-market property.
The Statement of Information was introduced in 2017 as a measure to provide greater transparency and prevent under quoting. Unfortunately in the time since, agents have developed workarounds and exploited loopholes, which have rendered much of the information unreliable. Learn how to identify the crafty techniques that all too often catch buyers out.
Expressions of interest campaigns have been increasing in popularity throughout the uncertainty of the pandemic. While expressions of interest can provide vendors with greater surety, they can be daunting for many buyers unfamiliar with the process.
Victoria’s tentative roadmap out of COVID-19 lockdowns, and the advent of one-on-one inspections, are set to revive property market activity. However, those preparing to buy or sell in the coming months, will need to adapt to shifting operating and market dynamics.
Fear of missing out (FOMO) amid strong market demand once lockdowns ease means buyers may gloss over potential red flags that must be identified and evaluated before purchasing a property. Learn how to carry out the necessary due diligence to avoid common pitfalls that can risk upending a successful property investment strategy.
When COVID-19 restrictions eventually ease, we can expect a fast rising market, just as we saw following last year’s protracted lockdown in Melbourne. How do you accurately assess a property's value in a rising market to ensure you capitalise on key investment opportunities.
Residential property investment is a business venture and requires a rational and objective state of mind. Unfortunately, given the aspirational nature of property, emotions often bleed into investment decisions. Understand the fundamentals of selecting an investment property that will deliver long term capital growth and robust rental yields.
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