The Wakelin Blog
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Do you enjoy white knuckle rides? I hope so, because in recent weeks we’ve all been subjected to the high-stakes brinkmanship of the US and EU debt crisis and the accompanying gyrations in Australian and international stock markets, and it has not been for the faint-hearted. Despite the Australian economy’s relatively low exposure to problems in the US and Europe, our stock market has not been spared...
The Block may have been a ratings winner for Channel Nine, but with 3 out of the 4 properties auctioned at the weekend passed in, there were tough lessons for anyone thinking of buying and renovating property. Why were the results so disappointing? To begin with, by paying $3.6 million to secure four properties in a row in Richmond, Channel Nine almost certainly paid a substantial premium...
Please come along to the Telstra Conference Centre, Room 1, Level 1, 242 Exhibition St, Melbourne on Tuesday 16 August at 1.30pm to hear Monique Sasson Wakelin talk on The Outlook for Residential Property, hosted by the Australian Investors Association...
This morning’s release by the Australian Bureau of Statistics of its Capital Cities House Price Indexes for the June quarter is further evidence that the dire predictions of a rout in property prices in 2011 has not occurred, according to Monique Sasson Wakelin, managing director of property investment advisors Wakelin Property Advisory. “Taking the capital cities together, property prices have fallen just 1.9 per cent over the last 12 months,” said Ms Wakelin...
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