The Wakelin Blog
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For those who missed it at the time, here's the podcast of Monique's 21 December appearance on ABC 774's Saturday Breakfast Show Finance section talking to Hilary Harper. It included a review of the 2013 property market and a preview of the 2014 one...
But there will be divergence in the strength of capital growth in our capital cities, according to Monique Sasson, founder, Wakelin Property Advisory: A slight weakening in auction clearance rates around the country in the last weeks of the 2013 market on the back of some very high stock levels led some commentators to suggest that the market had peaked with a weaker 2014 market on the cards...
In 2014, the Melbourne property market is likely to maintain and even build on the momentum of 2013, according to Monique Sasson, founder of Wakelin Property Advisory: 2013 was a year of recovery with values of many properties recouping the losses since the last peak in 2010. We anticipate this trend to continue, and that the momentum of the last 12 months should carry the Melbourne market upwards in the first half of 2014...
A 2.5 per cent cash rate. Get comfortable with that number because it’s not changing one way or another any time soon, if my reading of the Reserve Bank’s recent pronouncements is correct. The Board sees an economy operating at a steady-though-cautious pace. And it is signalling that conditions don’t look like they will alter enough for the case for raising rates or dropping rates having sufficient momentum in coming months to break that inertia...
The three zones of Brunswick are like siblings in neat formation, standing two-and-half kilometres tall from Brunswick Road to Moreland Road. Brunswick proper is the big brother in the middle; it’s almost twice as big as its flankers. It has to be said, if you’re a home-buyer looking for an inner city lifestyle and are more attracted to the funkier north than the establishment east of Melbourne, then you’ll probably be pretty happy to live in Brunswick, Brunswick East or Brunswick West...
