Author: Nicole Gervasi

Approx. reading time: 2 minutes

New proposal unveiled that could save renters thousands

Insights

Australian renters are facing significant challenges as rents reach record highs and the cost of living surges, making housing increasingly unaffordable. In response to this crisis, the McKell Institute, a think tank that collaborates with leading academics, industry, and policy experts from top Australian universities, has proposed a novel solution aimed at relieving renters’ financial
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Approx. reading time: 3 minutes

The 77 SUBURBS homes earned owners more than $200,000 a year

Insights

The suburbs where house prices rose by $200,000 or more # Suburb State Region (SA4) Median value (AVM) YoY change (%) YoY change ($) 1 Bellevue Hill NSW Sydney – Eastern Suburbs $9,951,000 13% $1,109,000 2 Strathfield NSW Sydney – Inner West $3,936,000 14% $477,000 3 Mermaid Beach QLD Gold Coast $3,071,000 17% $447,000 4
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Approx. reading time: 1 minute

Melbourne rental markets remain exceptionally tight

Uncategorized

Vacancy rates in Melbourneโ€™s rental market are usually very tight, often sitting below the national baseline. And thanks to soaring demand and a severe undersupply across Victoria, and the rest of the country, the national vacancy rate is exceptionally low today by historical standards. SQM Research reports Melbourneโ€™s vacancy rate at 1.5%. By comparison, the
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Approx. reading time: 3 minutes

Best buying tips for this Spring Season

Insights, Uncategorized

In the first month of this Spring season, we saw the highest number of new listings come onto the market. This has given buyers more choice and as expected led to softening auction clearance rates. As usual, new listing volumes will hit a seasonal peak in November, before tapering off in the weeks leading up
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Approx. reading time: 1 minute

More million-dollar markets than ever before

Insights

The number of Australian suburbs with a $1 million median price for either houses or apartments has reached a new record high. Over the 12 months to 31 August, 218 more suburbs surpassed a $1 million median for houses or apartments. Australia now has 1,257 suburbs with a median house value at or above $1
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Approx. reading time: 2 minutes

Review Of Risk Factors for Commercial Property Insurance

Insights

As part of our ongoing service for clients it is important to consistently review the current risks factors for commercial property insurance. Whilst tobacco outlets have come under intense scrutiny recently, there are other occupiers that can also impact your insurance cover. These include: Tatooists Dry cleaners Laundromats Food premises involving deep frying Storage of
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Approx. reading time: 3 minutes

INTERESTING RESIDENTIAL VCAT CASE OUTCOMES

Insights, Legal Updates

As an ongoing service to clients we will be providing you with details of VCAT cases every few months concerning VCAT cases. Here are three cases which may be of interest to you from the Residential Tenancies list at VCAT which are summarised below: 1. Smyth v Trovato Investments Pty Ltd (Residential Tenancies) [2024] VCAT
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Approx. reading time: 1 minute

Residential Tenancy Act – Major Items To Refresh

Insights, Legal Updates

END OF TENANCY – Rental providers giving renters a notice to vacate must now provide evidence in some circumstances. – Changes to notices to vacate for overdue rent (rent arrears), will result in some notices not being valid if the overdue rent is paid before the termination date (the first 4 notices or strikes). –
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