The Money DoctorsThe Money Doctors
Clean

Auctions, Reserves and the New Rules of Buying Property in Victoria

View descriptionShare
 

Off-market deals now account for up to half of all property sales in Melbourne's most sought-after suburbs, and the way auctions are run is about to change dramatically. Harrison Kelly, Director at HMK Buyer's Advocate, joins the Bongiorno Group’s Matt Homewood and Jack Will to break down the current spring property market. 

Since May's budget changes to capital gains tax and negative gearing, investor confidence has dropped sharply while stock levels have shrunk, pushing more vendors toward private, off-market sales. 

Harrison explains how buyers can access these hidden listings, why auction clearance rates have fallen to historic lows, and what upcoming reforms — including mandatory reserve price disclosure seven days before auction — will mean for transparency. He also shares his read on which Melbourne pockets are thriving, which are struggling, and why both upgraders and first-home buyers may be looking at a rare window of opportunity. 

HMK Buyers Advocate
https://www.hmkbuyersadvocate.com.au/ 

 

The Money Doctors is proudly brought to you by leading financial services organisation the Bongiorno Group, the preferred tax and accounting partner for the Australian Medical Association Victoria and the Victorian & Tasmanian Regional Alliance Partner of the Australian Orthopaedic Association. 

For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/ 

This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product Disclosure Statement before deciding to acquire the product.  

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

The Money Doctors

The Money Doctors offers conversations on financial wealth and money matters for Australian medical … 
Social links
Follow podcast
Recent clips
Browse 144 clip(s)