Economic news points to an improved property market
As we move into the busiest time in the real estate market the good news is buyers are showing renewed positivity. Inflation is cooling, the US Fed Reserve is poised to cut rates which which should see the RBA following suit in early 2025. The pace of interest rate cuts will depend on local data,Read more
Pet ownership: what you can and can’t do
Even though two-thirds of Australian households are pet owners, finding a pet-friendly residence to rent can prove difficult and competitive. Basically, keeping a pet on the premises is at the landlord’s discretion, although assistance pets, such as guide dogs, cannot be refused. There are differences in Australian states and throughout New Zealand about pet ownershipRead more
How to create a portable vertical garden
Vertical walls of decorative vegetation have been popular in Europe and other countries with high-density cities, where ground cover is at a premium for years. Professional installations on a large scale — such as the 24-storey Tree House in Singapore, Patrick Blanc’s CaixaForum in Madrid, the towering green wall at One Central Park in SydneyRead more
The upsides of downsizing
The thought of exchanging the maintenance of a larger home for a hassle-free future full of travel, friends and newfound freedom is a common aspirant for downsizers on the move. Given the ideal replacement residence, more than half of Australians and New Zealanders aged over 55 are open to downsizing opportunities, according to Australian HousingRead more
Are property prices going to fall in 2022?
What’s happening to Melbourne property prices in 2022? Are property prices going to fall in 2022? Or will we see the current growth continue? It’s the age-old bull vs bear argument, but many experts are tipping a cooling property market and falling property prices. In this month’s article, we summarise the main reasons why thisRead more
How much can a view add to a property’s value?
A glorious view can make all the difference to a property. It could be an outlook to the city, an expansive vista of the Dandenong Ranges or a breathtaking seascape – all are sure to add value to a home. The beauty of a view’s value can be measured not only in the sale priceRead more
Now taking appointments for Private Inspections
We’re sure you would have heard the very welcome news that due to Victoria reaching the 70% target for first dose of vaccinations, there will be a slight easing of restrictions across greater Melbourne as of midnight on Friday. With regards to the Real Estate market, here’s what it means September 18th onwards: Property InspectionsRead more
Buying and Selling During Lockdown
Unlike Sydney, where one on one inspections of properties are permitted, property inspections in Melbourne are banned. However, this has not stopped many sellers and buyers from transacting. The Frank Gordon & Co team are still listing and selling many properties, as demand for property across all of Victoria remains high. There are buyers andRead more
Record demand from buyers who face less choice and rising prices
Record demand from buyers who face less choice and rising prices Buyer demand has reached record levels despite lengthy coronavirus lockdowns in the nation’s biggest property markets of Sydney and Melbourne, but purchasers have limited choice as prices continue to rise. The latest REA Insights Housing Market Indicators Report showed demand, based on the number ofRead more
Market Insight – Spring 2021
What does Spring selling season look like in 2021? Spring is a season of new beginnings and with longer days, and the warmer weather it has traditionally been Bayside’s prime selling season. This year looks set to be a little different with lockdowns likely to impact vendors’ willingness and ability to bring properties toRead more
VIDEO – Online Auction 9/85 Pickles Street, Port Melbourne
SOLD VIA ONLINE AUCTION The unexpected lockdown in Melbourne meant no opens or in-person auctions were allowed. Our team adapted immediately and pivoted auctions online in just 48 hours. We had the technology ready, we had our fabulous video inspections live online, so all that was left was to contact the buyers and make sureRead more
Despite lockdown Frank Gordon achieved 100% clearance rate over the weekend and sold all properties well above their reserve.
The unspoken benefit Personally one of the hardest things I’ve found adapting to “the new normal” is the never-ending list of plans, holidays, dinners, events put on hold or cancelled. By adapting our strategy and moving online, we have not only given our vendors a fantastic result, but we’ve given them the freedom toRead more
Reserve Bank of Australia – Announcement 07/07/2021
Reserve Bank of Australia – Announcement Date: 7th July2021 Topic: Reserve Bank of Australia The Reserve Bank of Australia has held the official cash rate at the current record low of 0.10 per cent as per expectations. If you are thinking of taking advantage of the recent changes in the property market, whether you want toRead more
Budget 2021 – What does it mean for property and home owners
Budget 2021 – What does it mean for property and home owners Date: 14th May 2021 Topic: 2021 Federal Budget and Property As you may have seen, Josh Frydenberg announced in his budget speech to help thousands of first-home buyers and single parents to realise their homeownership dream. The government flagged a $782.1m commitment over fourRead more
What you need to know about the new Victorian Legislation Amendments
What you need to know about the new Victorian Legislation Amendments Topic: Update in Victorian Legislation 2021 Property Managers have been eagerly awaiting the Victorian Government release of the Residential Tenancies Regulations, which clarify the Amendment Legislation that was passed back in 2018. We can finally confirm that the amended legislation is now in effect asRead more
Melbourne Property Market – Autumn 2021
Property sales volumes lift sharply in 2021. Date: 26th March 2021 Topic: Melbourne Property Market Autumn 2021 Property sales volumes in 2021 are 3o% higher than last year and expected to remain that way in according to the latest stats from Realestate.com.au. The current property market continued to produce excellent results for sellers in March asRead more
Is 2020 a good year to sell my house?
Date: 19th October 2020 Now that Melbourne is reopening and inspections and auctions are back on the table there are two questions on everyone’s mind, Where is the market heading? Is 2020 a good year to sell my property? For some, COVID-19 hasn’t stopped their plans selling and buying throughout the year. For others, theyRead more
Melbourne Real Estate post lockdown
Date: 12th October 2020 It’s the question on everyone’s lips, now that Melbourne’s COVID cases are dwindling and inspections have returned, what does the real estate market look like and has the value of my property changed? First of all, the advice in this article is general in nature. For a tailored property report and strategy,Read more
Stage Four Restrictions – FAQ and Information
Following the Victorian government’s announcement of Stage 4 restrictions, it’s safe to say Melburnians have a few questions about what we can and can’t do when it comes to property. There is new information released each day and we will continue to keep you informed so that you may navigate this tricky period. Are realRead more
Coronavirus – Seller Information & FAQ
Date: 31 July 2020 Selling Property during Coronavirus Here at Frank Gordon, community is at the core of what we do. We are here to support you during this time and if you have any questions, please do not hesitate to get in touch. We understand that things are moving quickly, so to help ourRead more
Where to buy masks in Port Melbourne and South Melbourne
Updated: 04 August 2020 Masks are now mandatory in public across Melbourne. So where to buy masks in Port Melbourne, South Melbourne, St Kilda and Elwood if you want to shop locally for masks made right here in Melbourne? And where to buy masks online now that retail businesses are closed for six weeks? WeRead more
Second wave restrictions and Melbourne real estate
Q – How is the second wave of stage 3 restrictions in Melbourne likely to affect the market? Having successfully navigated the initial wave of restrictions we are confident that this second phase will see the Melbourne market continue to function as normal and we will continue to achieve strong results for our clients. FrankRead more
Landlord tips for tax time
Blink and you might have missed it this year, but it really is June, and June means tax time. Now is a great time to maximise your property deductions and enhance your future cashflow so here are some of our landlord tips for tax time. When it comes to tax it’s best to listenRead more
Safe and Secure Practices
Date: Tuesday 9th June How is Frank Gordon helping to protect the community from coronavirus? With low rates of community transmission across the state and a high rate of testing the Victorian Government has moved to ease restrictions further to allow up to 20 people to attend an inspection or an auction from 1 June. TheRead more
Port Melbourne Library is open!
Q: Is the Port Melbourne library open? Yes! Date: 04 June 2020 In good news for local Port readers, both the Port Melbourne and St Kilda library is now open following coronavirus restrictions. The Albert Park library will continue to operate as click and collect for now. Available services include browse, borrow, wifi and print. UnavailableRead more
Melbourne Property Market – May 2020
So how did the Melbourne property market do in May? Date: 3rd June 2020 Topic: Melbourne Property Market 2020 There is no question about it, it has been an unprecedented few weeks, but the Melbourne property market has fared a lot better than many were expecting it to in May. The overall lack of supply hasRead more
10 DIY Tips to improve your home’s value during isolation.
How to improve my house during isolation. 10 Tips. Been thinking of renovating? Considering selling? Or maybe you’ve just been sitting at home for the last four weeks of Australia’s isolation analysing all the little niggles of your home. The good news is there are tonnes of ways you can improve the value of yourRead more
Year long veggie patch guide
Year long vegetable planting guide for Melbourne We all love fresh veggies and there is something so satisfying about crunching into your very own lettuce, or the added sweetness you get from home grown tomatoes A simple vegetable patch is a good way of adding visual interest and love into your garden – something buyersRead more
Breaking News: Auctions Return to Victoria
12 May 2020 In breaking news, auctions are back in Victoria from Wednesday 13th May. Auctions will be limited to 10 registered bidders which means the onus will be on buyers to do their due diligence prior to auction and really consider whether this is the property for them. What does this mean for sellers?Read more
Coronavirus – Tenant Information & FAQ
Date: 09 April 2020 Updated: 20 April 2020 Here at Frank Gordon, community is at the core of what we do. We understand this is a stressful time for many and we are here to support you during this time. If you have any questions, please do not hesitate to get in touch. We understand that thingsRead more
Coronavirus – Landlord Information & FAQ
Date: 08 April 2020 Updated: 20 April 2020 Here at Frank Gordon, community is at the core of what we do. We are here to support you during this time and if you have any questions, please do not hesitate to get in touch. We understand that things are moving quickly, so to help our landlordsRead more
COVID-19 and the Property Market
Date: 24th March 2020 COVID-19 is the issue on everyone’s lips. If you’re a homeowner or looking to become one, you’re probably asking how all this is going to impact the property market. At Frank Gordon, we’re real estate agents, not economists or clairvoyants so we’re not going to make predictions. Instead, we’re going toRead more
How we are adapting for COVID-19
COVID-19 is the issue on everyone’s lips. The second and third quarter of 2020 will be a uncertain time for our society and we need to practice common-sense and remain calm. What we know is that the government considers Real Estate and Property Management an essential service and we are open for business. Please beRead more
Footy tipping is open!
Here at Frank Gordon we love two things – Port Melbourne Real Estate and Footy! It’s time to take our passion to the public – our free Footy Tipping Competition is now open for fans nationwide!!! Think you’re the best tipper in the land?? Frank Gordon invite you to join our free Footy Tipping Competition.Read more
What’s on: Port’s Day of Health & Wellness
This weekend more than 40 local businesses around Port will open their doors to the community with a variety of free activities all looking to boost Port Melbourne’s health and wellness! So come down this Saturday (March 14) and enjoy complimentary massages, podiatry assessments, pilates, eye tests and even some Latin Dance. Some of theRead more
What’s on: The Port Phillip Mussel & Jazz Festival
When: Sat 7th March, 2020 – Sun 8th March, 2020 Where: South Melbourne Market, Cecil Street, South Melbourne What: Port Phillip Mussels & Jazz Festival Price: Free This week the sweet smells of sizzling seafood and the sound of smooth jazz will once again take over The South Melbourne Market. Now in it’s sixth year, the marketRead more
Breaking: RBA Cut to 0.5%
The Reserve Bank has slashed interest rates to a record low of just 0.5 per cent as it seeks to soften the economic impact from the CVID-19 crisis. Looking at the last 12 months, interest rates fell three times in 2019 as the RBA tried to kick-start the Australian economy. At the time this putRead more
New in Port – The Exchange Beach Club
Date: 30th January 2020 Our resident pop-up beach club has opened it’s doors on Port Melbourne beach for four-weeks only until February 24. Hosted by The Exchange you can now enjoy the beautiful blue ocean and white sands of Port Melbourne beach with a drink in hand! The beach club is open from noon untilRead more
Looking ahead to 2020
Date: 05 December 2019 Melbourne’s median house price is likely to reach a new record high in 2020. Indeed, NAB’s latest Residential Property Survey has also just predicted a house price rise of 7.4 percent across 2020. But this is their guess, and we’ll have to wait and see. Supporting these predictions is powerful population growth,Read more
2019 In Review: From Bust to Boom
Date: 1st December 2019 As Melbournians get ready for the summer break, we look back on a rollercoaster year in property. Our amazing spring market has seen five consecutive months of growth while nationally November prices experienced the largest monthly gain in 16 years! Melbourne’s recovery from the weakest housing market since the global financialRead more
Spring Market Update
Spring is here, and the housing market is warming up with national housing values experiencing a 0.9% growth, the largest monthly gain since March 2017. If we think of the traditional property cycle, there are clear signs that we are moving through the later stages of recovery. Looking at Melbourne specifically we are seeing anRead more
October Market Update
7th October, 2019 Last week the Reserve Bank of Australia announced it would cut the cash rate to a record low of 0.75% reducing the cost of borrowing for the third time in five months stimulating the economy. Increased affordability is also good news for potential sellers as this increases the pool of buyers for property. ParticularlyRead more