The Wakelin Blog

Mid-Year Outlook Webinar

Want to know Monique's views on the outlook for the property market for the balance of the year? If so, click on image below to access her recent webinar, including a list of questions answered on the night:

The slow painful death of the first home owner grant

June 11, 2013 Like a B-movie horror flick villain that refuses to die, the First Home Owner Grant (FHOG) will limp into the new financial year to haunt us all despite the Victorian Treasurer’s valiant efforts in his May Budget to curtail this beast. Yes, the $7,000 grant for established property will be phased out on 1 July. But it will be increased from $7,000 to $10,000 for newly constructed homes. I’m no fan of grants or concessions that distort the property market...

Will politicians damage the property market?

Will politicians damage the property market? May 20, 2013 Click to Enlarge + Australia’s economy should be the envy of the western world. Where many western nations are plunging in and out of recession, our economic growth is only slightly below trend and unemployment is relatively low. And with inflation seemingly tamed the Reserve Bank is comfortable with a cash rate at a generational low of just 2.75 per cent...

Richard Wakelin talks to Financial Review TV

Following a strong property market last weekend, including a 70% auction clearance rate, Richard Wakelin spoke to Rebecca Thistleton of TV.AFR.COM (The Australian Financial Review TV channel) on the state and outlook for the Melbourne market. Click here to view.

What to invest in Prahran: Richard Wakelin shares secrets with API readers