Grange Sets A Huge Price Record!
Number 12 corner street has just set the price record for Grange. Selling for $4,650,000 the Brisbane property market is really showing no signs of a down turn. This record price was even achieved before an election. Which some critics say is the worst time to try and sell a house. This incredible home that…
Interest Rates and Australian Real Estate
Have you ever wondered what the relationship is between interest rates and property prices? Are higher interest rates bad for property prices? The answer to that question is more complex than a simple yes or no! So, let’s cover a few basics and discuss some possible outcomes. What dictates the rate, and why do we change…
Housing Policy: Australian Federal Election 2022
There is currently a global trend, of inflation, sky high commodity prices, record real estate prices and stagnant wage growth. At home in Australia there is a growing fear that some of the younger generations will rent for life. They are treading water not getting ahead. As housing affordability asymptotes towards the unachievable, I find…
Renting With Pets; Changes to the law
Changes To QLD Legislation So what are these changes, when do they come into effect and what does it mean for tenants and landlords? The Queensland state government has amended two pieces of legislation pertaining to tenants and landlords; The Residential Tenancies and Rooming Accommodation Act 2008 And The Residential Tenancies and Rooming Accommodation Regulation…
Selling a property – The Different Methods and Strategies
Methods of Selling a Property Let’s face it, for a lot of people selling a home is something they might only do a few times in a lifetime. Aside from the fact that it is unfamiliar territory for most people there are some important questions you need to ask yourself before you sell. The first…
TEAM MEMBER SPOTLIGHT – Gauranga Magriplis
We have such a talented and passionate team so we thought we would do a spotlight on them! This week we talk to Gauranga, a former pilot and and travel business owner. From those experiences he brings a wealth of knowledge and professionalism to the role he now occupies at Clark Realty. Are you interested…
Maintaining the Investment
There are some realities about owning & managing an investment property that property owners should accept before they become investment property owners. If not, the investment property that was meant to serve you as a rock-solid performer can cause unwanted expenses, energy, and stress. At Clark Realty we contact owners after every inspection regarding the…
Selling with Tenants
When a vendor puts their property on the market they more or less work in partnership with their agent to present and market the property for the best price possible. When the property is occupied by a tenant the sales process may be a little more complicated, but still more than achievable. In fact, at…
Would you rather house hunt than egg hunt over Easter?
Would you rather house hunt than egg hunt over Easter? Surprisingly, it is buyers that control the answer to the question “will open homes and auctions still be held over Easter?.” Despite our offices being closed, some of our sales staff are available and working by appointment this Easter Saturday. Real estate agents are…
Riding the Real Estate Wave, What Goes Up… Comes Down?
Strong markets (as we are in) are marked by lower supply and excess demand. This means there are more active buyers than sellers. The main effect of this situation is that excess buyers drive prices higher by outbidding each other for limited housing stock. Despite the market slowing down from the 20% increases we saw in…