Auction activity slumps amid AFL grand final Auction activity across the combined capitals is set to fall -31.6% week-on-week, with Melbourne and Adelaide celebrating the AFL Grand final. Currently, 1,903 homes are scheduled for auction across the capitals, down from the 2,781 auctioned last week but up from the 1,198 homes that went under the hammer this time last year. Melbourne is...
The volume of auctions held last week dipped to 1,828, down 34% from the previous week (2,781) as the Melbourne auction market paused amid the grand final long weekend. The preliminary auction clearance rate fell sharply last week, coming in at 64.5% across the combined capitals; the lowest early clearance rate since December 2022 when preliminary results held below 60% through most of the...
In the ever-evolving real estate landscape, staying informed is crucial, especially when it comes to making decisions about buying, selling, or leasing properties. If you're looking for accurate and up-to-date statistics for sales and rentals in your Mornington Peninsula suburb, we've got you covered. As a local boutique real estate agency, we understand the importance of personalized service....
Check if and how you can contribute money from the sale of your home into your super fund via a downsizing contribution. If you are 55 or older, you may be able to contribute up to $300,000 from the proceeds of the sale (or part sale) of your home into your superannuation fund. A downsizer contribution is a non-concessional contribution, but it doesn’t count towards the ...
MAXIMISING YOUR REAL ESTATE INVESTMENT: WHAT YOU CAN CLAIM BACK AT TAX TIME Despite a common misconception, investing in real estate in Australia isn't exclusive to the affluent with abundant resources. In reality, the 3.25 million homes owned by roughly 2.24 million of the nation’s investors are held by everyday Australians. This means the rental market is largely dominated by s...
Calling all seniors who are thinking of downsizing… We are excited to have joined the Victorian Government's Seniors Discount Directory and are now able to offer discounts for both sales and property management services, to all eligible holders of a Victorian Seniors Discount Card or Victorian Seniors Business Discount Card. As you know, we are passionate about ensuring our sen...
Here are the must know stats, facts and figures on Australia's residential property market. Tight supply lifts housing markets in Australia's mid-sized capitals In CoreLogic's Housing Chart Pack, the June 'Chart of the Month' shows the surplus or deficit of total listings relative to where listings have been historically. CoreLogic Head of Research Australia, Eliza Owen ...
Just over 2,300 auctions set to take place across the combined capitals There are 2,329 capital city homes currently scheduled for auction this week, up 76.8% from last week when just 1,317 auctions were held. The lower volumes last week were attributed to the King’s Birthday long weekend in six of the eight states and territories. This time last year, 1,945 auctions were held across...
As part of the 2024-25 State Budget, the Victorian Government has announced a $700 million expansion of the Victorian Homebuyer Fund.The Budget also includes the following Homebuyer Fund eligibility requirement changes from 1 June 2024: Increasing the regional purchase price cap from $600,000 to $700,000, and Including single parent applicants in the joint applicant income threshold of $20...
The preliminary clearance rate nudged 10 basis points lower last week, to 71.4% (71.5% the previous week which revised down to 63.6% once finalised, the lowest final clearance rate so far in 2024). The volume of auctions has been trending higher, rising to an 11-week high, with 2,319 homes taken under the hammer, the highest number of auctions since the week before Easter and 28% above lev...
King’s Birthday long weekend sees auction activity plummet There are 1,327 capital city homes currently scheduled for auction this week, down -44.2% from last week when 2,380 auctions were held. The lower volumes are attributed to the King’s Birthday long weekend in six of the eight states and territories. This time last year, 1,033 auctions were held across the combined capita...
Growth in Regional Australia’s dwelling values and rents continued to pick up pace over the past three months, taking both to new record highs. Dwelling values across Regional Australia rose 2.1% in the three months to April 2024, the fastest quarterly growth rate in almost two years, outperforming capital city values which rose 1.7% in the same period. CoreLogic Australia Economist...
Just shy of 2,400 capital city homes up for auction this week There are 2,395 capital city homes currently scheduled for auction this week, up 5.8% from last week when 2,264 auctions were held and 32.0% higher than this time last year (1,815). Auction volumes across Melbourne are expected to hold above 1,000 for the fifth consecutive week, with 1,094 homes up for auction. This w...
Fifth busiest auction week of the year to date Auction volumes are set to increase 5.1% week-on-week with 2,315 capital city homes currently scheduled for auction making it the fifth busiest auction week of the year. The previous week saw 2,202 homes taken to auction across the combined capitals, while this time last year, 1,692 auctions were held. Melbourne is set to see auction vol...
Here are the must know stats, facts and figures on Australia's residential property market. This month in CoreLogic's Housing Chart Pack, we take a look at quarterly value growth by property types. CoreLogic Economist Kaytlin Ezzy said there has been a shift in buyer demand towards units, especially in capital city markets where housing prices have soared, and buyers are being priced out ...
Head of Research Eliza Owen explores the highest migration regions in Australia and how it has impacted home values and rents. Australia is slowly moving through an enormous (though temporary) spike in overseas migration. The ABS reports Australia’s population increased 2.5%, or 660,000, in the year to September 2023. Its latest regional migration data reveals the areas wit...
Combined capitals set to host busiest week of auctions since before Easter After holding relatively flat for the past four-weeks, the combined capitals are expecting a 14.8% rise in weekly auction activity, with 2,255 homes currently scheduled to go under the hammer. The previous week saw 1,964 capital city homes auctioned, while this time last year, 1,724 auctions ...
In today's Pulse, CoreLogic research director Tim Lawless reveals the impact of population density on the housing market. With Australia’s population moving through the fastest rate of growth since the 1950’s, our cities and towns are naturally densifying. At a national level, the population density of 3.5 people per square kilometer (sq. km) is among the lowest in t...
Auction volumes steady for fourth consecutive week There are 1,951 capital city homes scheduled for auction this week, with volumes holding between 1,900-2,000 for four consecutive weeks. There were 1,900 homes taken to auction last week, while 1,978 homes were taken to auction the week before last. One year ago, 1,739 auctions were held across the combined capital cities. Melbourne's&nbs...
Capital city auction activity eases after a post-Easter bounceback After recording a post-Easter bounce back in auction numbers over the past two weeks, the combined capitals are set to see auction activity ease this week, with 1,896 homes currently scheduled to go under the hammer. This week's scheduled auctions are down -4.1% from the 1,978 auctions held last week but are 31.7% higher th...
Auction volumes hold steady week-on-week across the combined capitals There are 1,980 capital city homes currently scheduled for auction, similar to last week (1,985) although up from this time last year when 1,708 auctions were held. In Sydney, 854 homes are scheduled to go under the hammer, just five more than last week when 849 auctions were held across the city. Over the same wee...
Auction activity set to rebound after the Easter long weekend There are 2,057 capital city homes currently scheduled for auction this week, up from 901 last week (Easter) and 652 this time last year (also Easter). Sydney is set to be the busiest auction market this week with 942 homes scheduled for auction, up from 414 last week and 371 this time last year. The lower volumes both las...
CoreLogic's national Home Value Index (HVI) rose 0.6% in March, on par with February’s increase, taking the current upswing in housing values through its 14th straight month of growth. Since declining -7.5% between April 2022 and January 2023, the national HVI has increased 10.2%, or, in dollar terms, by approximately $71,832, rising to new record highs each month since November...
A vital research paper into the wealth created by Australia’s largest asset class, the Pain and Gain Report reveals the proportion of properties sold for a nominal profit or loss in Q4 2023. The Australian property market continues to demonstrate sustained resilience, with the rate of profit-making sales and number of transactions increasing in the December quarter. CoreLogic's late...
Largest volume of auctions held since the week prior to Easter 2022 Ahead of next week’s Easter long weekend, we are expecting to see the largest volume of auctions held this week since the week prior to Easter 2022 when 4,035 homes were taken to auction. There are currently 3,470 homes scheduled for auction across the combined capital cities this week, up from 2,834 last week and 2,...
Research Director Tim Lawless unpacks what today's cash rate decision means for the housing market. The decision to keep the cash rate on hold at 4.35% came as no surprise, with most economists agreeing the next move on rates will be down, although the timing of an RBA rate cut remains uncertain and dependent on inflation outcomes. A boost to confidence: Nonetheless, the hold d...
After outperforming through much of 2023, upper quartile home values are now recording a slower quarterly rate of appreciation compared to the broad middle and lower quartiles, CoreLogic’s March Housing Chart Pack shows. Historically, the upper quartile of the housing market tends to lead the cycles, both into the upswing, but also into downturns. Research director Tim Lawless ...
Second busiest auction week of the year with just under 2,800 capital city homes set for auction There are currently 2,797 homes scheduled for auction across the combined capital cities, the second busiest auction week of the year to date, behind w/e 25th February (2,853). Last week saw significantly fewer homes taken to auction due to the public holiday long weekends in four of the e...
Victorian property experts have warned homeowners and buyers that they are set for one of the most complex years in the state’s housing market’s history, as major government-mandated changes hit home. Here are eight market changes that have come in or are set to commence: Land Tax – January 1, 2024 Impacting investment, commercial and holiday home properties, from 2024 it w...
According to Corelogic RPData Auction volumes set to fall more than 30% across the combined capital cities amid public holidays They state that there are 1,773 homes scheduled for auction across the combined capital cities this week, down -33.5% on last week when 2,665 auctions were held. The lower volumes are largely attributed to the Labour Day long weekend in Victoria, along with public...
In the ever-evolving real estate landscape, staying informed is crucial, especially when it comes to making decisions about buying, selling, or leasing properties. If you're looking for accurate and up-to-date statistics for sales and rentals in your Mornington Peninsula suburb, we've got you covered. As a local boutique real estate agency, we understand the importance of personalized service....
Tax time turns up every single year, so we want to make sure you’re organized when tax time rolls around again next! To make sure your tax time goes smoothly, there are things you need to do throughout the financial year. Here's are the two most important things you need to do to save potential headaches when you complete your tax return. 1. Consult a professional This comes...
The weekends a perfect time to catch up on reading. If you're typically a nonfiction reader, your reading time can be put to good use by learning more about property investment in Australia. Here's our list of property investment books that will help you learn while you recharge on the weekend. From 0 to 130 properties in 3.5 years - Steve McKnight Steve McKnight's From 0 to 130 Propert...
As a property investor, there's a lot you need to manage every day. While your property manager will likely take care of most of the everyday administration of the property, there are a few key things you need to do for your portfolio to be set up for long-term growth. Here are 4 things you need to do to stay focused and avoid financial pitfalls in your portfolio. Be diligent with maintenan...
As the number of long-term renters in Australia continues to rise, they are looking for all the amenities and lifestyle factors that make them feel just as at home as if it were their own property. From technology to transport, there are several things renters are looking for from rental properties. We've listed the top things they are looking for in the list below. Technology As all of...
As a property investor, a large portion of your time, energy and thoughts probably go towards researching the property market. Whether you're looking to grow your portfolio or sitting tight in the current market, it's clear Australians love spending time researching property. According to new research by HSBC, Australians spend around 2.5 hours per week researching the property market. This res...
With credit tightening for property investors for well over a year now, making a strong case in your loan applications has never been more important. To make a strong case in your loan application, there are a few things you can do. Here's our list of what you can do to make the strongest case possible and increase your chances of a loan approval. 1. Do your research and shop around ...
As a rental provider, rent increases are something you need to think about as it comes time to offer your current renters a lease renewal. While it can be tempting to increase the weekly rent for your renters, there are market forces you need to consider when you're determining if it's suitable to increase the rental price for your properties. Here are the factors you need to consider and elimi...
Negotiating skills are essential to have in many situations particularly when you're navigating the purchase of large items or assets. With the high value that property transactions attract, knowing how to navigate the negotiation process is crucial. Not only can strong negotiation skills help you in other areas of your life, but it can save you thousands of dollars. Here are a few things to re...
Deciding whether to buy an established or off-the-plan property as an investment takes a lot of consideration. Like any investment, there are upsides and downsides to both options. We're taking a look at some of the factors to consider when deciding between established or off the plan investment properties. With established properties, investors can value-add by making changes to the proper...
With the rapid growth that occurred in Australia's property market throughout 2021 and 2022, many investors may have been priced out of the best investment markets in Australia. But what if you could find a bargain property somewhere just outside these markets to grow your portfolio? Not only would a cheaper property potentially increase your chances of securing finance, but you could be left w...
We all know the basic premise of value growth in most industries is supply and demand. For the property market, demand is a property investor's best friend. To understand the state of supply and demand across markets in Australia, there are specific indicators to keep an eye on as you research. Here's our list of some of the indicators that you can monitor to get a detailed idea of s...
Whether you're strictly a property investor, or you have other investment holdings as well, understanding how to properly manage your money is crucial. The key principle that underpins effectively managing your money is making sure that once you've worked hard to earn your money that you put it to work for you. Here are three finance hacks every property investor should know to ...
Accessing the equity in your investment properties is essential for growing your portfolio and staying nimble as the property market goes through cycles of change. As the mortgage market continues to undergo changes, understanding how to access your equity is key if you come across investment opportunities. As a property investor, equity is likely something that's always on your mind. Re...
Some of the things that start to show their age quickly in a property are the fixtures and fittings. While some fixtures and fittings may need to be updated due to damage or a fault in the item, knowing when to update things in your home is important. This keeps your home in excellent condition before you need to make major updates. Another major benefit of keeping your fixtures and fittings up...
Next date: Friday, 25 August 2023 | 08:00 AM to 04:00 PM The Mornington Peninsula Shire holds four ‘No Charge’ Green Waste events each financial year. These events are for Shire residents or ratepayers only, with green waste to be delivered only from residential vehicles and trailers. These events are very popular. Delays should be expected, esp...
We are thrilled to announce that our annual Mornington Peninsula Photography Competition is back for 2023! Following the huge success of our last two competitions we are really looking forward to seeing what the entries in our latest competition will be! This is an exciting event for photography enthusiasts and lovers of the Mornington Peninsula! We know there are a lot ...
Owning a rental property Australia can be stressful, especially at tax time. There are tax benefits of rental property Australia, however for an owner, trying to collate various records, both paper and digital across different providers isn’t an easy task. One benefit of engaging a real estate professional to manage your investment property means that most of the records can be capt...
Congratulations to the winners of our 2022 #MorningtonPeninsulaPhoto competition DRUM ROLL....
It's back......The Mornington Peninsula Photography Competition. With such a resounding success in 2021, we are proud to once again be hosting this great competition, where locals and visitors can share their favourite images of our Mornington Peninsula. There will be a limit of 10 images per person, so now is the time to start shortlisting your favourites! The competition will be run over A...
Sneak peak on the sample internal colour selection palette for the luxury townhouses at Luxe Rosebud. Join David and Janet as they explain the choices you have for the internal colours at your new luxury townhouse development in Rosebud on the Mornington Peninsula. Luxe Rosebud is a collection of 7 individual architecturally designed double storey residences (soon to be constr...
Over June's four weekends the Real Estate Institute of Victoria (REIV) recorded more than 2,967 auctions. 2,010 properties sold. 1,505 at auction, with 944 passed in. 502 properties were sold before auction & 3 properties were sold after auction. The clearance rate was 68%, down on May’s 70.75%.Property market analysts CoreLogic summed current conditions up last week saying “a f...
Coastal Perfection Envisioned and superbly crafted by Mainline Building Group, each light-filled residence is set in a flourishing landscape evoking a sense of opulence and refined sophistication. Spacious interiors seamlessly transition for complete outdoor connection. Introducing an exclusive collection of seven residences, carefully designed with space, security and the signature style of...
When is the best time to buy property? Many buyers are in the dilemma of deciding when to buy property..... will the market crash? Will it continue to rise, or will it plateau? With so many variables effecting both buyers and sellers, from interest rate changes, current World climate, fuel prices, food shortages, covid 19, changing careers, schools for kids......... many would ...
McNeill Real Estate are once again proud to be sponsoring the Friends Of Fusion Gala Dinner. In recent times many of us have adapted to a lifestyle of physical disconnection. Of course as human beings we all need deep authentic connection, this is especially true for our young people. Despite the great developments in online platforms where our youngsters are natives, when it comes t...
How do you know whether it is the right time to sell your house? If you've been toying with the idea of a new home or drooling over properties you imagine yourself living in, then what would it take to put the wheels in motion? How to know when to sell your house isn't an easy decision to arrive at. Obviously, no-one wants to purchase a new property, then see it de...
McNeill Real Estate Photography Competition Top 20 The moment we've all been waiting for The votes are in for the top 20 favourite photos taken on the Mornington Peninsula The Top 3 will win one of three prizes, totalling $800!! Thank you once again to everyone who entered our competition - we had in excess of 900 images - well over our expectations! Afte...
McNeill Real Estate Photography Competition Top 40 The moment we've all been waiting for The top 40 have now been selected and invitations are open to vote on your favourite photo/s taken on the Mornington Peninsula The Top 3 will win one of three prizes, totalling $800!! Thank you once again to everyone who entered our competition - we had in excess of 9...
McNeill Real Estate have always had a vision: a vision to positively impact our older generation as they transition from their family home into a home more suited to their lifestyle by providing open, transparent and seamless real estate services to retirees (and their families) on the Mornington Peninsula. Prior to entering the world of real estate, Janet McNeill provided parale...
McNeill Real Estate Photography Competition Invitations are open to submit that special photo taken on the Mornington Peninsula and for a chance to win one of three prizes, totalling $800!! We are calling on all people, young and old, who love the Mornington Peninsula to showcase that very special image which depicts this wonderful Peninsula and its people. From the family beac...
Proudly Supporting our Youth during Homelessness Week - Sleep in your Car Join us in support of our youth on the Mornington Peninsula, during Homelessness Week. As you know there are a number of people living on the Mornington Peninsula who are experiencing hardship, and this number has increased due to the impact of COVID 19. We have experienced receiving many applications for renta...
In the second video of our series of Walks around the Mornington Peninsula, we take you to the Mornington Main Street Market. The market is a favorite with many locals, as well as visitors to Mornington and the Mornington Peninsula. The market started in 1979 and is now Victoria's longest running street market. Packed with stalls containing home baked, handmade and home-grown products. Many ...
In the first video of our series of Walks around the Mornington Peninsula, we take you through the vast Wildlife Reserve at The Briars, Mount Martha, as well as walking around the grounds of the Homestead and outbuildings. The Wildlife Reserve is home to many native flora and fauna. You will find Australian Native animals in their natural habitat, on your walk. Kangaroos, Wallabies, Echidna,...
In this video we give you an update of the current COVID 19 coronavirus restrictions...this includes a lockdown... as at 11.59 pm on 27th May 2021 through to 11.59 pm on 3rd June 2021, affecting the Melbourne Metropolitan area.... including the whole of the Mornington Peninsula Victoria Australia. In particular, how COVID will effect real estate on the Mornington Peninsula. The information ...
In this video we give you a run down of the current restrictions as at 26 May 2021 - affecting the Melbourne Metropolitan area.... including the whole of the Mornington Peninsula. The information is sourced from the https://www.coronavirus.vic.gov.au site. If you would like to keep updated, check out the site on a regular basis. Transcript from the Victorian Government website: New restr...
In this video we talk about some great tips on what you need and how to pack your home in readiness for a move. From the items you need, to when to start packing, choosing which room to start with, care for your fragile items, overpacking boxes and hiring a professional. Don't forget to ask questions, and tell us your great tips when you pack to move home! McNeill Real Estate's cha...
Are you ready to move and want to know how to choose a removalist? Then stay tuned... In this video we talk about some great tips on how to choose a great removalist to help you move from your old home into your new home. This guide to moving house series will help you to make the stressful event seamless. From insurance, to services, obtaining quotes, hourly rate vs fixed quote and ...
Thank you to everyone who entered our Mothers Day Competition. We had so many wonderful entries, it was had to say that only one mum could win! However, congratulations to Tina Ramadge, who entered on behalf of her mum Ria. The ladies won our competition prize, which consisted of: Quality Australian made wine, from Smidge Winery in the McLaren Vale region of ...
Are you looking for the best way to present your property? In this episode we talk about the benefits of home styling when selling your home. From how to do your own home styling, to getting advice from a professional, using some of your furniture and some of the professionals, or employing a professional to style your entire home. Even using the benefit of virtual home staging -...
Welcome to McNeill Real Estate's Mothers Day Competition. We are very excited to be running our latest Mother's Day Competition through our facebook page. If you are a mum, or you know a mum, daughter, sister, niece, aunt, cousin etc..... then head over to our facebook page and enter the competition. We have a fantastic box of quality Australian made wine, from Smidge...
What's the prediction for the property market? If you’re reading this, you’ve probably been keeping an eye on the property market over the past 12 months. Throughout the height of the COVID outbreak in Australia you may have read many articles about how property prices are going to fall, home values are going to rise, apartments will be sold cheaply, but houses will be...
You have an empty house you want to sell - wondering how to make it look attractive to potential buyers? In this episode we give you some great tips on how to ensure that your vacant property will attract the attention of buyers before they visit, as well as making it appealing when they walk through the door. As you know, over 90% of homes are first discovered by buyers onlin...
Congratulations... you've decided to buy a home .... and so have 1000's of other buyers!! (or at least, that's what it feels like!) The world seems to have gone a little bit crazy right now..... no matter where you are wanting to live, there are a LOT of people wanting to buy at the same time. This is creating a big headache if you are wanting to buy a home.... Some home...
You may be wondering whether this is a good time to buy - we feel it is a great time... And here’s why… 1. Interest rates are at a record low. 2. The Victorian Government has reduced stamp duty by up to 50% for eligible properties with a dutiable value of up to $1 million. 3. The Australian Government’...
Congratulations - you've sold your house... the deposit is paid...... when do you get your money?? In Victoria, a seller can request to receive their deposit before settlement. Using Section 27 of the Sale of Land Act 1962, a seller can provide information to a buyer, which is then relied upon by the buyer, to decide whether they consent to the early release of the deposit. The p...
You're trying to buy a house and missing out - should you make offers on multiple properties? With the market being so HOT for sellers right now, and HUGE demand from buyers..... you may be forgiven for thinking it's a great idea to make offers on a few properties at the same time! This could be an issue if you end up being accepted by more than one seller at the same time! Do yo...
Merry Christmas and a Happy New Year to all of our wonderful clients, friends and family.....May all your dreams come true in 2021.
#1 BEACHES Mornington boasts a safe Harbour – which even had a visit from a Southern Right Whale – and is visited by fishermen, swimmers, snorkellers, photographers and families alike. Shire Hall beach, Fisherman’s Beach and Mills Beach are all family friendly with plenty of sand, beach boxes and great views towards the Melbourne City skyline. #2 DINING...
Victoria Home inspections and auctions are currently allowed to take place under the following guidelines: Inspections: Inspections must be by appointment only. Up to 20 people are allowed to inspect a property subject to the four square metre rule (one person for every four square metres of available floor space in the home). Infants under one year of age, owners, residents and the mi...
We have a winner!! We would like to personally thank everyone for entering our latest exciting competition which we held in conjunction with well-known and very popular master photographer, Tom Putt. We were absolutely delighted with the response, in fact we were almost overwhelmed with the amount of entries received! Unfortunately there can only be one winner and we ...
POINT NEPEAN, MORNINGTON PENINSULA We are teaming up with #artist @tomputtgallery to give away this fantastic #aerial #photograph of the Mornington Peninsula titled 'Point Nepean from above' valued at $647. How to enter: GO TO INSTAGRAM AND FIND OUR POST: https://www.instagram.com/p/CHJ76O3D-Ow/ a) Fill out the entry form http://bit.ly/MRE_PUTT_COM...
The Premier has announced that we will be able to conduct trick or treat with our kids, however they will be in a very different way: 'Key messages This Halloween there are some actions you can take to keep your friends, family and community safe, while still enjoying yourself. If you have any symptoms of coronavirus (COVID-19) get tested and stay at home. By staying at hom...
Staying safe As restrictions ease it is more important than ever that we take steps every day to keep ourselves and others safe. The steps below can help protect you from coronavirus (COVID-19). Stay safe as restrictions ease by washing your hands regularly, wearing aโฏfaceโฏmaskโฏwhen you leave home, coughing and sneezing into your elbow, and keeping at least ...
With private inspections being conducted across Victoria - you may be wondering how you can make the most of your time at a property - especially given the restricted inspection window. Under current restrictions, Victorians can only attend private, appointment-only inspections that go for no more than 15 minutes and are less than 25kms from their homes. ...
Summary of changes From Sunday 11:59pm 18 October 2020 changes are being made to restrictions in both metropolitan Melbourne and regional Victoria. Over the coming days more information about the changes to restrictions will be added to our Victoria's restriction level page and coronavirus Victoria website. Changes for metropolitan Melbourne Metropolitan Melbourne is in Secon...
Rental Properties are in high demand on the Mornington Peninsula With many people looking to rent a quality home on the northen end of the Mornington Peninsula, we have noticed a significant increase in the number of enquiries from potential tenants. Properties available for rent are in short supply, with only 25 in Mornington, 3 in Mount Martha and 8 in Mount Eliza at the time of wri...
You have to love real estate. What else is there that's essential to our needs and we use every day that actually increases in value over the long term and lately, the short term? I can't think of anything. Perhaps that's why real estate lives in a free market environment and has no specific recommended retail price. Have you ever noticed how two similar properties in the same area can sell...
Home inspections are now allowed We are pleased to see that Real Estate Agents in the Melbourne Metropolitan area are once again allowed to conduct one on one private inspections at properties for sale and rent. This is certainly a very welcome easing of the restrictions and one that we are very grateful for. Our buyers, sellers, tenants and landlords can once again feel confid...
During Stage 4 Lockdown Restrictions, Real Estate Agents are still Open for Business. How we operate has changed, with the majority of business conducted online. The future of Real Estate and buying/selling/renting will no doubt be very different to how it has been. We are still able to provide a full service with appraisals, listings, and viewings, however it is now even more importan...
- will you be ready? We know that buyers cannot physically inspect your homes right now, but as soon as restrictions ease, there are many people champing at the bit to find their dream home!! If you are thinking of moving, let us help you prepare for the Spring Selling season...... shoot us a dm or contact Janet and David to book your virtual appraisal today.......0419 503 327 | 0438 788 595...
To Our Valued Landlords, Tenants, Vendors & Buyers, As you will now be aware, from 11:59pm Wednesday 5th August 2020, Real Estate offices across Metropolitan Melbourne are required to close their doors for the next 6 weeks due to Victorian Stage 4 Covid19 Lockdown! For the next six (6) weeks the rules no longer permit physical inspections of any type for any property. LANDL...
Everything you need to know about moving to a smaller place. There are many reasons that might bring about the need to downsize, and for some, the opportunity to move to a smaller home is an exciting new life chapter and lifestyle change. But our homes are very personal, which is why downsizing is often emotionally charged and complicated. On the one hand, a downsizer wants to mainta...
Are you wanting more information regarding the Government Home Builder Scheme? HomeBuilder is a time-limited grant program to help the residential construction market to bounce backfrom the Coronavirus crisis. HomeBuilder will provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 tobuild a new home or substantially renovate an existing ...
Consumer confidence may be rising, but the country's big banks suspect about 96,000 home loan borrowers who asked for a six-month loan deferral are facing financial difficulties. Source: Australian Financial Review Karen Maley Columnist Major banks are bracing for a savage increase in problems in their massive mortgage portfolios after preliminary investigations suggest up to one in...
There's no denying that dogs are man's best friend, but the belief has never been more true. We’re collectively spending more time at home and it's never been a better time to accommodate a furry housemate (for the indefinite future)! Just like deciding to adopt a pet that might be around for more than a decade, you must take the time to determine if you’re in the right place. Th...
Mother's Day Compeition Hey everyone, be sure to enter our great Mother's Day Competition - follow the link below to enter. https://bit.ly/MRE_MOTHERS_DAY_COMPETITION Nominate a great mum to win this awesome prize.... Which includes: - 1 JBL Noise Cancelling wireless headphones- 1 Bottle Saint Hilaire Sparking Wine- 1 Box of Ferrero Collection Chocolates- 1 packet of bath bombs- ...
Housing New laws are being introduced into Victoria’s Parliament to help protect residential tenants facing hardship as a result of the coronavirus (COVID-19) pandemic. These new laws are set to come into effect to help protect tenants in residential properties from eviction, other than in exceptional circumstances, and allow for the rent to be reduced if they are suffering financial ha...
Risk Mitigation for Landlords in Viral Times Recently our Director was invited to discuss the latest situation for both tenants and landlords during the pandemic. Uwe Jacobs of Property Friends hosted the interview which can be seen below. Rent Reduction Landlords and tenants are encouraged to negotiate for a temporary rent reduction, however they will need to make up the payment once the s...
The name itself presents a problem; how to effectively separate one from the other? First off, there’s no need to swap your family photos for algebra posters and replicate a traditional classroom - just make sure you’ve got clean tables to work on and a well-lit room, and make it your own. Some parents prefer learning-free zones, but if you’re tight on space, you c...
The perfect real estate storm for sellers is here.... Have you been sitting at home or work, wondering whether now is the right time to sell your home? Worried that there are not enough properties on the market, so you won't be able to find your next dream home? Stop worrying...... We all know property markets can change, but right now conditions for property sellers have nev...
You may be aware that new regulations have come into force regarding pool safety. On average, four young children die in Victoria in home swimming pools or spas each year, and many more are taken to hospital for near-drownings. We encourage the active supervision of young children in and around swimming pools and spas at all times. In Victoria, the construction and installation of swimming po...
Hastings Suburb Statistics – check out how your suburb faired up to October 2019 When deciding on your investment and whether your suburb has been the right choice, it is good to know the information recorded by RP Data. I am delighted to be able to provide you with the information for Hastings, Victoria and you may be interested to see if you are sitting on a a great investment...
Mornington Suburb Statistics – check out how your suburb faired up to September 2019 When deciding on your investment and whether your suburb has been the right choice, it is good to know the information recorded by RP Data. I am delighted to be able to provide you with the information for Mornington, Victoria and you may be interested to see if you are sitting on a a great investment! ...
Deposits The deposit paid under a Contract of Sale of land is normally 10% of the purchase price. It can less or more if the buyer and seller agree, unless the sale relates to an “off the plan” purchase where the deposit cannot be more than 10% of the purchase price. The deposit is normally held in the trust account of the Marketing Agent or the Seller’s Solici...
The exciting process of purchasing and selling real estate can involve potentially complex legal transactions, and from time to time you may come across terminology in contracts and legal paperwork that you’re not familiar with. Here are some of the most common terms you may encounter and their meaning: Acceptance: An acceptance of an offer according to its terms which usually lead...
McNeill Real Estate takes on the Challenge We were thrilled to be involved in the Arthur's Seat Fun Run again this year, both as entrants and this year as a major Event Partner! The weather was quite dreadful in the week leading up to the run, however on the day it was quite kind! We had a great team of 12 people who proudly wore our run hats and took the challenge for t...
McNeill Real Estate was delighted to attend the AFL Grand Final Dinner on 25 September, hosted by ANZ volunteers. The event was all in support of Ladder, who the ANZ volunteers had been providing hands-on program support to Ladder over the past 12 months. The night was hosted by 2 x Premiership player, Brad Sewell and guests heard from 3 x Premiership Captain and Brownlow Medalist, Mi...
Ever wondered why you would need an appraisal from a Real Estate Agent when you are NOT selling your home..... It’s Tax Time and your Accountant needs to know the value of your investment for depreciation and/or possible capital gains or Land Tax purposes Your insurance premium is due for renewal and you want to make sure you have enough cover You want to re...
Private Schools Guide As you may be looking for the best Private Schools on the Peninsula and elsewhere in Victoria, for your children, grandchildren, nieces, nephews or friend's children, take a look at the Private Schools Guide which gives you heaps of information to help you choose the ideal Private School for your loved one. Search the Schools Guide for a world of information on around 30...
With End of Financial Year deals and Tax time looming, now is the time to ensure you are able to claim your full deductions.... Source: ato.gov.au 1. Pre-pay interest If you have a fixed-rate loan and have an annual income that’s on close to being in the next tax bracket, it’s often worth considering pre-paying your interest for the next 12 months, as this will allow you to claim...
Have you ever wondered whether Winter is a good time to sell??? Do you reckon the buyers won’t come out in the cold? Every Saturday has been cold & wet – Mother Nature has given us some amazingly diverse and spectacular shows!!! Think for a moment, if you were looking to buy a home, would you like to see it in its most natural state? Without a bright sun shini...
Property prices on the Mornington Peninsula have changed dramatically in the last year. We are coming into the end of the financial year....... Interest rates have dropped once again, the election is over and confidence is back as buyers return their focus to finding a new home. Topped with last minute spending by investors to maximise tax returns for the 2018-2019 tax year, this cou...
We are thrilled and delighted to announce that the winner of our Mother's Day competition is Haley Giles, who was nominated by her husband Rob Giles. Rob and the kids came in today to collect the prize, so that they could give mum Haley a HUGE surprise when she came home from work later today. Packed with delicious chocolates, Body Shop products and $100 voucher, Haley will no do...
๐๐COMPETITION TIME๐๐ ๐It's time to pamper your Mum!๐ ๐This Mothers Day spoil your Mum with this gorgeous gift!t Valued at over $200๐ โ $100 Visa Gift Cardโ A Body Shop Premium Collection Gift Setโ Yummy box of Lindt Lindor Chocolates ๐And we are going to make it SUPER easy for you to win!๐ Go to our facebook page ๐๐๐๐๐๐๐๐๐๐๐๐๐๐ All you need to do is โ ...
Whether you are looking to buy or rent your next home, sell your current home, or rent out an investment, we help people achieve their dreams by finding the perfect home for them. Contact us to discuss the various strategies we have for marketing your property to attract quality buyers.
We are thrilled and delighted to announce that the winner of our Easter Hamper competition is Kristin McLoughlin and her family. Kristin and Ava came in to collect their prize today, and were excited when they saw how much chocolate was in the hamper! Wishing everyone a great, safe and happy Easter break. From all of us at McNeill Real Estate
โก๏ธโก๏ธHUGE CHOCOLATE easter giveaway!โก๏ธโก๏ธ๐ซFollow the steps down below to be in the running๐๐ฅ Go to our facebook page - https://www.facebook.com/McNeillRealEstate/posts/2449349288644142 โ LIKE this page โ TAG a friend you would share this gift with SECRET EXTRA ENTRY๐: โ Go to https://www.mcneillrealestate.com.au/competition for an additional entry! That's it! Entries cl...
We are excited to be entering a new decade, with many exciting things on the horizon. The World of Real Estate is changing and we are proud to be changing too. As part of the ever changing online world, we are delighted to have been involved in providing a fully online platform for receiving offers. This system has been trialled by us for 12 months, and the feedback from sellers an...
Spring is well and truly in full steam. Every year, as the weather starts to warm up, genuine buyer enquiries go through the roof! With markets, flowers, sunshine and rain, it is bringing a freshness and vibrancy to everything we do. Most people are looking to be in their new home before the next School year starts. To ensure that you don’t miss out on this rush of buyers, y...
Welcome to Spring We are thoroughly looking forward to some bright sunny days and beautiful flowers all around. As you know local properties are selling and I am not sure if you have put your property on the market yet, but if you haven’t then the spring season is the time for selling. What we have found from previous years is that our buyer enquiries go through the roof as the wa...
Congratulations to our Winner – Peter – who was a successful entrant in our competition. Peter was randomly chosen as the winner of the $500 Visa Gift Voucher and will no doubt be spending the money wisely!!! With a holiday already planned, Peter will have some spending money so that he and Ann can enjoy themselves while away. We are thrilled with all the entries and thank everyone...
McNeill Real Estate are giving you the chance to win a $500 Visa gift Card in the Month of March! To qualify to win you need to: Own your own home on the Mornington Peninsula…. and Have 15 minutes to spare. Text the word MARCH to 0419 503 327 for full details. Competition closes on March 31st 2018 and the winner will be d...
Our Director is a proud volunteer driver with the Peninsula Transport Assist who provide reliable transport for clients to attend hospital and medical appointments, as well as to go shopping, visit friends or relatives etc. The drivers are all volunteers who have been police checked and had a driving assessment by an independent driving instructor, their vehicles have been safety ch...
Mornington Suburb Statistics – check out how your suburb faired up to October 2017 When deciding on your investment and whether your suburb has been the right choice, it is good to know the information recorded by RP Data. I am delighted to be able to provide you with the information for Mornington, Victoria and you may be interested to see if you are sitting on a a great investment! Y...
Mount Martha Suburb Statistics – check out how your suburb fared up to October 2017 When deciding on your investment and whether your suburb has been the right choice, it is good to know the information recorded by RP Data. I am delighted to be able to provide you with the information for Mount Martha, Victoria and you may be interested to see if you are sitting on a a great investment!...
When deciding on your investment and whether your suburb has been the right choice, it is good to know the information recorded by RP Data. I am delighted to be able to provide you with the information for Red Hill, Victoria and you may not be surprised to see that it is a very tightly held location! You can download the full report Red Hill_suburb_statistics_report or just read thr...
When deciding on your investment and whether your suburb has been the right choice, it is good to know the information recorded by RP Data. I am delighted to be able to provide you with the information for Mornington, Victoria and you may be interested to see if you are sitting on a a great investment! You can download the full report suburb_statistics_report-Mornington_June_2016&n...
When deciding on your investment and whether your suburb has been the right choice, it is good to know the information recorded by RP Data. I am delighted to be able to provide you with the information for Mount Eliza, Victoria and you may be interested to see if you are sitting on a a great investment! You can download the full report suburb_statistics_report-Mount_Eliza_2016 or j...
Currently wondering how Mornington is performing in relation to the Mornington Peninsula Market? Then follow this link to download your report today. suburb_statistics_report_mornington_May_2016
Cleaning: It is believed that cleanliness is next to Godliness. This is the first and most obvious need especially just before inspections. Your home must be spotlessly clean and hygienic so buyers can look forward to moving into a sparkling and healthy home. Dust, grime, stains, slime and spillages are some of the major turn offs and so are dirty carpets, scuffed and scummy-looking floor...
WHAT DOES HOME STAGING INVOLVE?Simply cleaning a house and doing routine maintenance, however, is only a small part of staging.Home staging involves:De-cluttering: This is the removing your personal belongings from the viewer’s sight. It helps in taking away the personality that comes with your own belongings. Usually, buyers visualize their own belongings in your home when planning to by...
Official rates on hold again over October Economic outlook remains cloudy Still a chance of rate cut this year Housing market weakening The Reserve Bank has again decided to leave official interest rates at the record low of 2.0 percent over October. Rates have now been on hold for five consecutive months but the prospect remains for another cut – perhaps as early as nex...
HOME STAGING Regardless of the type of property you own, be it a freestanding house, a single unit, a cottage, a terrace, a heritage, a contemporary home or an investment property, it is vitally important in any economic times, and even more specifically in Australia where the real estate market remains slumped, to stage your home for sale. Staging ensures a greater appeal to all the buyers vi...
PREPARING YOUR HOME FOR SALE IMPORTANCE It is important that your home stands out from the competition if it is to sell quickly, add a few thousand to your final sale price and do so without too much hassle. The key is to ensure that it is actually well prepared for the sale. To achieve this, you need to do a small number of things that will add the most value to your home in the least amoun...
The great thing about email marketing is the ability to see who has opened your email, the exact time they opened it and what link(s) they clicked on. By understanding basic email stats you will find better ways to communicate with your customers, leading to more business and increased brand recognition. Here’s why you need to monitor basic email stats: Ensure your audience is...
For those unfamiliar with LinkedIn, allow me to offer some quick insights behind this social platform. The platform is primarily centered around professionals and industry-relevant content. LinkedIn enables members to connect and share content with other professionals, including colleagues, peers, potential employers, business partners, and new employees. Put simply, think Facebook, but wi...
There are 1,412 auctions scheduled this week ending 13 April 2014 in Melbourne compared to 626 this time last year. With 1,400 also scheduled in Sydney this weekend will provide a rare opportunity to compare the two capital city auction markets. The unprecedented increase in the number of auctions is part of a wider rise in homes on the market over the last month. There are now 22 per cent mor...
Calling all Mornington Victoria Australia residents – for a limited time we are running a competition where you can be in the draw to win $1,000 Cold Hard Cash just in time for the end of the financial year! If you live in Mornington Victoria and own your own (or have a mortgage), or own an investment property in Mornington Victoria then you are invited to contact me for details on...
Autumn is traditionally a busy time in real estate, but the changing weather can also bring its own set of challenges when you are trying to ensure your property is presented at its best for potential buyers. The following is a checklist of ideas to help with that presentation: 1. As the season of falling leaves, you need to be extra vigilant in keeping gutters and drains cleared of debris, pa...
Do you own a home?
Prepare for profit. Download our top tips on how to get the highest and best price when selling.