How To Snap Up Bargain Properties In a Declining Market

By Jim Mcdonald

This blog post outlines important features of a declining property market. An understanding of the current market dynamics will provide property buyers with the opportunity:   DON’T BELIEVE THE MYTH ABOUT LOW STOCK Contrary to popular belief, there is plenty of high-quality property on the market at the moment. The confusion arises because many sellers…

buyers advocacy

Auction vs Private Sale? A Critical Question In A Cooling Market

By Jim Mcdonald

Melbourne’s softening real estate market has put the spotlight on Melbourne’s obsession with Auctions. Unlike the rest of the world, the default position for Melbourne’s real estate agents is to sell the property by Auction. However, there is often a huge difference in selling price between auctioning a property with a real estate agent and using…

Gatwick Hotel St Kilda Apartments – Estimated Selling Price Revealed

By Jim Mcdonald

As we publish this blog post, the first episode of The Block has just screened. As a result, we’re going to take another look at these St Kilda apartments given that the additional information now available. We first wrote about the transformation taking place at Gatwick Hotel as a result of The Block TV show back in…

140 Luxury St Kilda Apartments To Hit The Market In March 2019

By Jim Mcdonald

140 luxury apartments will be built on the site currently occupied by the Novotel St Kilda. The apartments are expected to sell from between $1 million and $15 million and will have uninterrupted views of the bay and Melbourne’s city skyline.

St Kilda Junction Oval Development

Can Recent Developments In St Kilda Increase Property Prices ?

By Jim Mcdonald

There are 2 major developments taking place in St Kilda, Melbourne at the moment. In addition, there is a 3rd significant development due to take place in 2019. All 3 developments could have a huge effect on property prices in St Kilda, and the surrounding suburbs of West StKilda, East St Kilda, Elwood and Windsor. This Blog post…

Vendor Advocacy - Auction Property

Melbourne Property Boom End – Vendor BEWARE!

By Jim Mcdonald

Property prices across Melbourne have weakened for an 8th consecutive month, putting an end to the 5-year property boom. So how should you respond to such news if you are planning to sell your property? Jim McDonald, the owner of JMAC Vendor Advocacy, doesn’t mince his words: Vendors need to be very careful. These are…

‘The Block’ – Transforming ‘The Gatwick’ Into High-End St Kilda Apartments

By Jim Mcdonald

[UPDATED AUGUST 6, 2018] Channel Nine confirmed that it had purchased The Gatwick hotel in March 2017. However, it wasn’t until July 2017 that it became clear that the purchase price was close to $10 million dollars. As one of Melbourne’s top Buyers and Vendors Advocates, we can’t help but try and work out how…

buyers advocacy

How to Sell your Property

By Jim Mcdonald

There is more than one way to sell your property. The majority of sellers give this honour to a real estate agent. Using a vendors advocate is another way to sell.

Families Swoop on ‘Green’ Brighton East Properties

By Jim Mcdonald

Brighton East is peeking out from Brighton’s shadow and property prices are attractive. It has an emblematic colour – and it’s not blue but green. Large swathes of parkland give it decidedly bucolic character and make it a magnet for families. In the 19th century, it was the home of the market gardens and farms, and…

Buyers-Advocate-Melbourne-South-East

A Buyers Advocates View Of 5 Melbourne South East Suburbs

By Jim Mcdonald

The job of a Buyers Advocate includes working through the hard cold facts on everything and anything related to the purchase of a property. To that end, we’ve listed some of the more basic considerations relating to 5 of Melbourne’s more popular southeastern ‘Bay-Side’ suburbs – Brighton, Cheltenham, Beaumaris, Sandringham & Hampton.

buyers advocacy

Melbourne Property Auctions Rising In August

By Jim Mcdonald

The Melbourne property market will begin the final month of winter supported by unequivocally strong results reported over the month of July. This weekend well over 700 homes will again be offered for auction in Melbourne which is similar to the 776 auctioned last weekend and well ahead of the 612 auctioned over the same…

Is Melbourne’s Real Estate Bubble Special?

By Jim Mcdonald

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…