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Latest property market update | Personalised investment planning

19/09/2026

Victoria Property Sales Law Changes | Effective 1 October 2026

The Victorian Government is introducing new regulations to improve price transparency in residential property sales and provide greater protection for buyers.
Key changes:
1. Reserve Price – For auctions and fixed-date sales, the reserve price will generally need to be disclosed at least 7 days before the sale.
2. Property Price Statement (PPS) – The new PPS will replace the current Statement of Information and include key property details and comparable property information.
3. Sold Price Disclosure – Once a transaction becomes unconditional, the sold price will generally need to be added to the PPS within 7 days.
4. The PPS must remain publicly available for at least 18 months.

For owner-occupiers, greater access to pricing and comparable sales data can help buyers make more informed decisions and determine whether a property is reasonably priced.

For property investors, having more actual sales data and comparable properties can provide better insights for market analysis and property valuation.

Investors should look at the actual sold prices instead of the selling price, comparable properties and the broader market fundamentals.
As the market becomes more transparent, data-driven decisions will become increasingly important when buying property.

18/09/2026

🏡 More than just a home — it’s the lifestyle around it.

Welcome to Smiths Lane, Clyde North — a thoughtfully master-planned community with schools, shopping, parks, a community hub and even a dedicated bus service right at your doorstep. 🌿

Inside, enjoy Fisher & Paykel appliances, smart home features, solar, landscaping, fencing and more — with the essentials already taken care of.

The next release is coming soon!

✨Interested in what’s next?
💬 Comment below or contact me for more details.

16/09/2026

🏠 Australia’s Property Market Update | September 2026

According to Cotality’s latest data, national dwelling values fell 3.1% over the three months to August, while annual growth has slowed to 2.7% and the downturn is becoming more widespread, with 93% of capital city suburbs recording a decline in value over winter.

But here is where it gets interesting.
📉 The higher end is taking the biggest hit
In Sydney, upper-end house values are now around 10.7% below their peak.
In Melbourne, the upper-end house value is down around 10.5% from peak.
This is very different from simply saying “Property prices are falling.” But the better question is “Which properties are falling and why?”
At the more affordable end of the market, demand has generally been more resilient.

For investors, I think this is one of the most important messages coming from the September data.
The investment strategy may need to change
During a rising market, it is easy to chase the city or suburb that has just delivered the strongest growth.

But in a correcting market, I believe investors need to focus much more on:
⭐Location
⭐Property type
⭐Owner-occupier demand
⭐Affordability
⭐Future supply
⭐Infrastructure and employment
⭐Rental demand
⭐Long-term growth fundamentals

There is also more negotiating power emerging for buyers.
Listings have increased significantly compared with last year, while vendor discounting has widened.
That doesn't mean every property that has fallen in price is now a bargain.
Some properties are falling because they were overpriced.
Others are falling because demand has weakened.
And some may simply be experiencing a normal correction after a period of exceptional growth.
Here’s the most important question for investor: “If I hold this property for the next 5–10 years, what fundamentals will drive its value?”
Population growth.
Employment.
Infrastructure.
Supply.
Affordability.
Rental demand.
And ultimately — the price you pay.

The September data suggests that the Australian property market is becoming increasingly selective.

For investors, that may actually make research and property selection more important than ever.

Source: Cotality, Monthly Housing Chart Pack – September 2026.

14/09/2026

🏠 HIGH INCOME ≠ FINANCIAL FREEDOM
Two recent Australian news stories highlight an important property lesson.
💰 You don’t need a university degree to earn a six-figure income. Skilled trades and specialised roles can offer strong earning potential.
But here’s the catch…

🏦 Borrowing capacity isn’t the same as affordability.
Australians are entering the property market later, while some are taking on mortgages that may extend well into retirement.
So, the goal shouldn’t be to borrow the maximum or buy the biggest property possible.

Instead:
✅ Buy based on fundamentals
✅ Build equity over time
✅ Keep debt manageable
✅ Protect cash flow
✅ Think beyond today’s mortgage
Because property investment isn’t just about owning property.

It’s about turning:
INCOME → ASSETS → EQUITY → WEALTH

Buy strategically. Manage debt. Think long term.

13/09/2026

Inflation is falling — but are rate cuts getting any closer❓

Australia’s annual inflation eased from 3.8% to 3.5% in July, but came in above the 3.2% economists expected.

That’s progress, but inflation remains above the RBA’s 2–3% target range — and underlying inflation remains persistent.

For property buyers and investors, the big question is what this means for interest rates and borrowing costs.

For now, one softer inflation reading doesn’t necessarily mean immediate relief. The RBA will be watching upcoming inflation, employment and economic data closely before its next moves.

🏡 For property investors, staying informed matters — because interest rates can influence borrowing capacity, repayments and market sentiment.

Follow Novem Property Advisory for more Australian property and market insights.

Source: 9News

12/09/2026

🎶 Friday night in the city ✨
A wonderful evening enjoying a live music performance, great atmosphere, and good company. Sometimes, it’s nice to slow down and enjoy the music.🥂🎵

10/09/2026

✨ Aurum Official Launch | A New Chapter for Queen Victoria Market ✨

It was a pleasure to attend the official launch of Aurum at 380 Queen Street, Melbourne yesterday.

Queen Victoria Market has always been a special part of Melbourne for me. More than 20 years ago, it was one of the first places I wanted to visit when I first came to Melbourne. Today, it’s interesting to see how much the area has changed and how it continues to evolve.

With ongoing investment in residential, commercial and student accommodation, together with RMIT University and the University of Melbourne nearby, the area has strong connections to Melbourne’s education, business and lifestyle communities.

For me, what makes Aurum particularly interesting is its location within this ongoing transformation. It offers an opportunity to be part of the next chapter of one of Melbourne CBD’s most well-known and vibrant areas.

It was also a great evening catching up with industry friends, meeting new people and learning more about the vision behind the project.

Congratulations to the Aurum team on the official launch, and thank you for having us! 🥂

📍 Aurum | 380 Queen Street, Melbourne

08/09/2026

Has Australia’s population growth outpaced its housing capacity?

In the 12 months to March 2026, Australia recorded around 489,300 net permanent and long-term overseas arrivals, compared with approximately 174,500 net new dwellings added.

But this isn’t as simple as saying migration is causing the housing shortage.

Australia’s ability to deliver new housing is also being challenged by high construction costs, labour shortages, planning restrictions, financing conditions and lengthy development timelines.

The bigger question is whether our housing supply can keep pace with population growth.

When demand consistently grows faster than supply, the pressure can eventually be felt through higher rents, stronger competition for housing and worsening affordability.

🏡 For buyers and property investors, understanding the relationship between population growth and housing supply is becoming increasingly important.

💬 Is Australia building fast enough?

06/09/2026

☀️ A beautiful sunny Father’s Day spent wandering around the market, enjoying good food, fresh air and quality family time.
Happy Father’s Day to all the amazing dads! Wishing you a wonderful day filled with love, laughter and happiness. 💙

04/09/2026

🏡 Looking for more space in Melbourne’s east?

Welcome to Oak Place, Wantirna — a large residential community by Stockland, combining modern living with green spaces and everyday convenience.

In this full house tour, we explore a 4-bedroom, 3-storey townhouse featuring:

✨ Open-plan living, dining & kitchen
🛏️ 4 bedrooms + flexible multipurpose space
🚗 Double garage
🌿 Spacious community surroundings
📍 Shopping, schools, healthcare & transport nearby

If you’re looking for a home that balances space, lifestyle and location, Oak Place is worth a look.

📩 Contact me to arrange an inspection.

Address

U8, 197-199 Springvale Road, Nunawading
Melbourne, VIC
3131

Telephone

+61410272683

Website

http://www.nexconhomes.com.au/

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