Blog
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Calm in Melbourne property market supports investmentFebruary 14, 2012The good news is that after the softness of the property market over the last 18 months, we are seeing signs that the Melbourne market has stabilised and that we are entering a new cycle, affording investors a rare opportunity to buy high grade property at much more affordable prices... |
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There’s so much more to being a property investment adviser than being just a buyer’s advocate or just a buyer’s agentFebruary 13, 2012Here at Wakelin Property Advisory we describe ourselves as residential property investment advisers. Everything we do on behalf of clients is focused on securing the best investment returns for them. Occasionally, others call us a buyers advocate or a buyers agent. Were not fans of those titles because they incorrectly suggests that our single objective is just to buy property on behalf of clients. Yes, we do buy properties on behalf of clients... |
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CEO Institute Leaders' Summit 2012January 24, 2012I had the privilege to participate on an esteemed panel this morning on the topic Finding opportunities in a disrupted market at the Melbourne Cricket Ground, hosted by the CEO Institute. Too often these sorts of discussions can descend into bland motherhood statements... |
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Alan Kohler and I talk property investmentDecember 1, 2011I had fun and gathered some major insights into how other investment experts are grappling with the challenge of skittish times at the shooting of an Eureka Report Investing Outlook video this afternoon. Sitting around the table with the doyen of business commentary Alan Kohler were investment allocation expert Doug Turek and Managing Editor of Eureka Report, James Kirby... |
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Housing affordability a problem – but there are answersNovember 22, 2011In light of an Australian Bureau of Statistics report showing dramatically higher housing costs over the last 15 years, Monique Sasson Wakelin, managing director of Wakelin Property Advisory, is encouraging all stakeholders to address this pressing concern. The ABS data shows that despite housing costs rising 42% over the last decade for mortgage holders, the proportion of household income spend on a mortgage remains steady at around 18%, said Ms Sasson Wakelin... |
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Monique on ABC774 Saturday Breakfast ShowNovember 14, 2011Monique Sasson Wakelin was a guest of Hilary Harper's Saturday 12 November 2011 Breakfast Show to discuss buying strategies in the current soft market. You can hear a recording of the show and read some of the tips here. Image: Pixomar |
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ANZ looks at comparative asset performanceNovember 2, 2011Asset Returns: Past, Present and Future is another fascinating report from the economics team at the ANZ. It reviews comparative after-tax and after-cost returns for the main asset classes over the last 24 years, and provides some predictions for the future. The main finding is that residential property was the standout asset over the last 24 years, outstripping shares, government bonds, commercial property and term deposits... |
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REIV September 2011 quarterly updateOctober 17, 2011Saturday saw the release of the REIVs median price data for the September 2011 quarter. The 2.8 per cent drop in the quarterly median price for houses in Melbourne confirms the trend that prices have been slowly softening since around May 2010. As is often the way, it has taken sellers that long to meet the market. In its release the REIV suggests that outer suburbs are performing better than inner suburbs... |
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Richard Wakelin talks to Channel Seven NewsOctober 10, 2011Last night, Richard Wakelin was interviewed by Channel Seven News about the state of the Melbourne property market. See here (after short broadcaster's advert) for story, which includes his tips about where to buy and where to avoid. (Like this post? Click here to have future blog postings sent directly to your email) |
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Managing growth seemingly beyond our controlOctober 6, 2011We witnessed a fascinating, but ultimately frustrating panel discussion this afternoon at the Property Council-hosted Growth Summit Business Lunch, in Melbourne. Fascinating as the panel, broadcasters Virginia Trioli and Waleed Aly and writer Sophie Cunningham, provided an excellent discourse on the obstacles a rapidly growing Melbourne must surmount if we're to maintain our much-touted liveability status... |
