Archive for February, 2019

Stevan Vuk-Luboya & Property Nest nominated #1 Agent and #1 Agency of The Year

Congratulations our sales agent Stevan being nominated #1 Sales Agent. With over 34,000 registered profiles on RateMyAgent, Stevan Vuk-Luboya & Property Nest rank in the top performing 6% of real estate agents and agencies in the whole Australia.  The industry's most anticipated awards, putting clients' needs first. Now in its fifth year, the Agent of the Year Awards are the only awards in Australia that celebrate and recognise real estate agents and agencies that provide truly excellent client service, based primarily on customer satisfaction. “The RateMyAgent Agent of the Year Awards are the only awards which use verified customer reviews and feedback, so they’re an honest gauge of the customer... View article »
Posted in News on 22nd February, 2019

2018 Sydney Olympic Park Property Report & 2019 Predictions

Sydney Olympic Park has experienced some strong sales early in the year with a suburb record price being achieved July (Opal Tower), most notably the highest price paid was for 3301/1 Brushbox St Sydney Olympic Park. 2018 will remain a year of strong sales and weakening interest, with the year starting out with strong consumer confidence and bullish buying behaviours, and then transitioning to a market fuelled by fear and speculation. Finishing the year some 10% down on sales prices and some 18% down on sales volume. This was largely due to the tightening of lending conditions led by APRA, and... View article »
Posted in Buy, News, Rent, Sell on 21st February, 2019

Reserve Bank Australia emphasises the importance of house prices

The policy outlook is firmly linked to progress in reducing the unemployment rate and moving the inflation rate back into the 2-3% policy band. The risks around the outlook centre on the household sector and dwelling investment. The Bank remains generally comfortable with the outlook for business investment; government spending and external conditions. Clearly, developments in the housing market, particularly in Sydney and Melbourne, are attracting considerably more attention than we had seen in the minutes of meetings held in 2018. In particular, the Bank’s current position that the effect of recent price falls on overall economic activity was expected to be relatively small... View article »
Posted in Buy, News, Rent on 20th February, 2019

2018 Newington Property Report & 2019 Predictions

2018 will remain a year of strong sales and weakening interest, with the year starting out with strong consumer confidence and bullish buying behaviours, and then transitioning to a market fuelled by fear and speculation. Finishing the year some 10% down on sales prices and some 18% down on sales volume. This was largely due to the tightening of lending conditions led by APRA, and the Royal Commission into banking behaviour and practices. Locally, we experienced some strong sales early in the year with a suburb record price being achieved in second quarter, most notably the highest price paid for a... View article »
Posted in News on 14th February, 2019

Qualities of great Property Manager

When it comes to property managers, there are certain qualities you just can’t do without. Attention to detail With so much paperwork and important dates that need to be met regularly, attention to detail and organisation are critical skills your property manager simply has to have. Within the properties themselves, a property manager’s ability to pick up on the features and little details that will appeal to certain tenants will help to deliver happier tenants who’ll want to remain in the property longer, providing a more stable rental income to landlords. Passion If you rent long enough you might ran into a property manager who... View article »
Posted in Manage, News, Rent on 7th February, 2019