Are you prepared to wait a decade for your property to grow in value?

It happens every property cycle. Developers get carried away and build too many properties, or at least they build too many of the wrong properties in the wrong locations and some  (in fact many) investors lose out. And it’s happening again right now. The latest CommBank Property Insights estimates that 80,000 apartments are under construction in…

New Rules Too Late To Stop Melbourne CBD Oversupply

The Melbourne CBD apartment market is heading for an oversupply that will cause property values to drop and hurt investors. And unfortunately it’s too late for the new laws set to clamp down on Melbourne CBD’s skyscrapers to stop the predicted drop in inner city apartment prices over the next few years. Planning Minister Richard Wynne announced that the…