Which was it? [worst house on the best street] or [best house on the worst street]

by Alexander Gibson | Apr 19, 2021 | Articles

The old property adage of ‘buying the worst house on the best street’ has stead true for many Australians in their property. However, what most people really ascertain from this is to buy the cheapest house on the most expensive street. But what actually makes the...

Hopeful or Hopeless: [Regional House Price Growth]

by Alexander Gibson | Apr 7, 2021 | Articles

“Property Prices are rising by up to $100,000 a month in Casuarina- Kingscliff area north of Byron Bay.” “Austinmer, about 70 kilometres south of Sydney, jumped by more than 40 per cent in the past 12 months” These regional house price figures have been...

Why the ‘fiscal cliff’​ won’t affect house prices [Three Graphs]

by Alexander Gibson | Mar 29, 2021 | Articles

The ‘fiscal cliff’ refers to the cut in government stimulus payments that are due to occur at the end of March this year. Buyers may have convinced themselves that the possible distress this may cause to home owners and small business owners and/or parts of pandemic...

Why you will always pay more at auction [The Winner’s Curse]

by Alexander Gibson | Mar 22, 2021 | Articles

The Winner’s Curse is a tendency that the winning bid at an auction will generally exceed the intrinsic or inherent worth of the item. A great illustration of the Winner’s Curse was best conveyed by behavioural economist Richard Thaler. Whereby as a social experiment...

Buying Property: Why its more about what you do not do

by Alexander Gibson | Mar 15, 2021 | Articles

In any amateur tennis match. Players inspired by watching the Australian Open will struggle to recreate the shots that led Novak to victory. Despite knowing this, we try to win points through fast cross-court hits and risky half volleys. The secret to winning any...