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  1. Hannah B. ·

    Halfway through the month. Thanks all, this thread is gold for anyone new to inspecting.
    2

  2. James O. ·

    Glenelg apartments: plenty of interest from downsizers, not many investors at those prices.

  3. Priya S. ·

    Had a building inspector flag a slab issue on a Ryde townhouse. Walked away. Worth every cent of the 600 dollar report.
    5

  4. Ahmed H. ·

    Good call. Defects in townhouses are often common property issues too, so read the strata minutes.

  5. Jess T. ·

    Belconnen: sold before auction for a number that surprised the agent. Buyers wanting certainty.

  6. Ben C. ·

    Seeing more investors sell in Hobart. Two of the four listings in our street are tenanted.

  7. Olivia N. ·

    Ballarat East: older weatherboards needing work are the ones getting crowds. Renovated ones sit longer.

  8. Marco D. ·

    Same in Marrickville. Original condition homes bring the builders and renovators out.

  9. Sarah M. ·

    The Reserve Bank's latest statement has a good chart pack if you want the bigger picture: rba.gov.au/publications/smp/
    Statement on Monetary Policyrba.gov.au
    3

  10. Tom W. ·

    Thanks Sarah, the household section was worth the read.

  11. Mei L. ·

    Ipswich update: rents flattening a little, and vacancy creeping up from very low levels.

  12. Daniel K. ·

    Rockingham had a unit sell in 9 days with no price on it. Agents are testing the market.

  13. Chloe R. ·

    Price guides are getting more realistic in Newcastle. Fewer underquoting grumbles at the opens.

  14. James O. ·

    Any Adelaide people seeing interstate investors drop off? Opens feel more local lately.

  15. Priya S. ·

    Yes, the agent at an Elizabeth open said interstate enquiries have halved since autumn.

  16. Ahmed H. ·

    Since the rate rise, two buyers I know have pulled out of auctions. Their brokers cut their borrowing capacity.

  17. Jess T. ·

    Same here. One couple dropped their budget by about 60k after the reassessment.

  18. Ben C. ·

    That's the real effect of a rate rise. Fewer bidders with less to spend, not empty rooms.
    62

  19. Olivia N. ·

    A Bendigo agent told me investors ask about yields first now, not growth.

  20. Marco D. ·

    Inner west results this weekend were mixed. Two strong results, three passed in.

  21. Hannah B. ·

    A reminder to keep comments about agents and vendors respectful, and to leave out names and addresses.

  22. Sarah M. ·

    Preston: the two bedroom unit I mentioned finally sold, about 5 percent under the original guide.

  23. Tom W. ·

    Geelong opens were quieter this weekend. Fewer groups than a month ago.

  24. Mei L. ·

    Brisbane's inner north is still strong for houses. Units are flat.

  25. Daniel K. ·

    Perth opens are slowing a little, but stock is still very low.

  26. Chloe R. ·

    Newcastle: more price reductions in the listings this week than I've seen all year.

  27. James O. ·

    Adelaide is holding up best of the places I watch. Low stock is doing the work.

  28. Priya S. ·

    Parramatta: two investor units listed in my building this week.

  29. Ahmed H. ·

    Blacktown auction this morning: one bidder, passed in, sold after negotiation.

  30. Jess T. ·

    Canberra: a quiet Saturday, but the good houses still sold. Plenty of buyers waiting for the right one.
    3
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