Posts by Jim Mcdonald

Is Melbourne’s Real Estate Bubble Special?

We are probably seeing the greatest real estate bubble in modern history. It is fuelled by low interest rates, liberal lending and the demand of the largest generation in history. The question is are these trends coming to an end? It is likely that the bubbles that have not peaked or burst yet will in…

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Why Vendor Advocacy Usage Is Rising In Melbourne

Property Advocate Melbourne

Melbourne’s cooling property market has put the heat on real estate agents and seen vendor advocacy usage rates soar. In this post, we’ll explain why many sellers are questioning the relationship with real estate agents, and choose to use vendor advocates instead. You may be thinking that a vendor advocate is just another costly middleman within…

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Why Use A Buyers Advocate?

Property Advocate Melbourne

I often get asked what does a buyer advocate do. The simple answer is that buyers advocates source properties for clients. These properties could be ‘to live in’ properties or for investment properties. We source houses, townhouses, units and apartments. JMAC’s expertise in the Melbourne residential property market. Our clients might be local who are…

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JMAC Tips: Profit Is Made When Buying, Not Selling

It’s a lot easier to buy a property at below market price than it is sell a property at above market price. It’s also possible to identify properties that are likely to increase in value at a higher rate than the average. JMAC knows how long a property has been on the market, or if  a…

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3 Signs A Suburb Is About to Surge In Value

Melbourne Property median prices

When buying property in Melbourne, focus on these three sets of data to target suburbs that are likely to increase in value quickly: Average “days on market” is dropping. More properties are being auctioned. Rising yields and rental returns. Statistical information is the secret weapon for Melbourne’s property buyers.  JMAC has access to statistics and data that is…

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JMAC Tips: Use Data To Make Decisions

All growth suburbs have peaks and troughs.  Find a way of accessing data that others don’t have in order to make your decisions and gain an advantage. Look for the following when identifying ‘hot’ suburbs to buy into: Average “days on market” is dropping. More properties are being auctioned. Rising yields and rental returns. Here’s…

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Top 25 Melbourne Median House Prices Revealed

Melbourne Property median prices

South Yarra tops the list of median prices of houses, townhouses and units, for May. The chart above shows us the top fifty Nationally and in Victoria. Note that they are specifically related to bedrooms and type of dwelling. This kind of information is invaluable when buying an investment property or a place to live. It’s…

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