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On 4 February 2019, the final report of the banking royal commission was delivered. Commissioner, Kenneth M. Hayne, made recommendations that relate specifically to the home loan mortgage industry. Importantly, the Commissioner has suggested changes that seek to strengthen existing regulations and promote cultural change. These recommendations impact everyone from
If you believe the 88-year-old investor Warren Buffet, the time to invest or enter the property market is when others are fearful. Warren Buffett is the chairman & CEO of Berkshire Hathaway one of the most successful investors to ever walk the planet. 18 months ago, Warren would have described
It’s a sensitive time in the property market at the moment, and as a result we’re seeing a higher rate of properties pass in at auction. If you’re bidding on a property at auction, a pass in may throw you off a little – but if handled well, it can
1 – Unrealistic vendors, looking for a price that is not in line with current market conditions. In a declining market, comparable sales are no longer relevant. The number one reason a property passes in is that the vendor still thinks the neighbour’s house which sold for $1.5 million 12
If you’ve visited Melbourne in the past few months, or you’re a local resident, you will have noticed the massive infrastructure works currently underway as part of the $11 billion Metro Rail Project. This massive piece of construction involves a twin 9km rail tunnel running from Kensington to South Yarra
If you’ve only recently tuned in to this year’s season of The Block, you may be surprised to learn what St Kilda’s Gatwick Hotel was like before the teams worked their magic. Forget sparkling bathrooms, fresh paint and designer furniture… we’re talking drugs, murder and some seriously icky rooms. It’s
We get a lot of sellers asking us: “should I sell my house in spring?” With your garden looking so fresh and buyers coming out of hibernation, it sounds like the ideal time to put your house on the market, right? Maybe not – the season isn’t the only thing
Over the last 5 or so years, Melbourne’s inner South – encompassing suburbs such as South Yarra, Windsor, Prahran, and more – has boomed as a property hotspot. The area’s proximity to the CBD, vibrant culture, a plethora of restaurants, parks, sporting venues and more have all attracted the attention
Real Estate Sleep Out Here at Industry Insider, we try our best to recognise the privileges and challenges that each of us been dealt in our lives. As people who are accustomed to the peaks and troughs of life, we know all too well that sometimes individuals need a helping hand to
At Industry Insider it’s our great pleasure to help many first homebuyers make their way onto the Melbourne property ladder. It’s always a buzz seeing the transformation from hopeful buyer to successful new homeowner smiling in front of the SOLD sign. Behind the scenes, there’s often a lot of education
Acknowledgement of Country Industry Insider respectfully acknowledges the Traditional Custodians of the land of which we work, the Bunurong Boon Wurrung and Wurundjeri Woi Wurrung peoples of the Eastern Kulin Nation and pays respect to their Elders past, present and emerging.
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