Smart Buying: How to Navigate Australia’s Spring–Summer Property Market

Choosing between small and large agencies in the real estate world isn’t something that can be decided by a coin flip.  Many smaller agencies come with the promise of a personalised approach with more attention to detail. On the other hand, larger agencies like MMJ real estate are more of a ‘blue chip’ option, with broader portfolios, contacts, and marketing reach.

MMJ Real Estate Directors Nick & Gavin are pleased to announce that as of the July 1, one of our valued agents, Phil Green, has become an equity partner of the MMJ Canberra business.

In a proposed reform to credit unions, building societies and online lenders, the federal government is planning to loosen restrictions on which institutions can call can themselves a bank. The move is set to undercut the power of the Big Four Banks, increase competition, and give more options to borrowers.

What is the difference between a Market Appraisal and a Property Valuation

The Australian Taxation Office (ATO) has changed the rules for clearance certificates yet again this financial year. The new rule was implemented as part of the 2017 federal budget and was in effect from July 1^st, 2017. It is due to affect approximately 60% of the housing market.

Housing affordability has become a hot topic in NSW. Young first home buyers and the middle-class are particularly scorned due to Australia’s high cost of housing in proportion to wage growth.  Luckily, the NSW government has recently released a new package of measures designed to improve housing affordability across NSW and give a leg-up to those looking to break into the housing market. Foreign investors, on the other hand, will be receiving a slap on the wrist.