Michael Byriel Ray White

25/05/2023

How quickly do properties sell in your suburb ?

With property prices edging higher and buyer demand remaining resilient, new data has revealed homes are selling faster than they were pre-pandemic.

23/05/2023

Governments change their minds. Every move they make changes the way you play the game. It creates winners and losers, and out of that comes opportunity.

Changes to Stamp Duty in NSW will see First Home Buyer properties between $650,000 to $800,000 withheld from selling until July 1, when first-home buyers can buy without stamp duty. Yet, sellers between $1m and $1.5m should sell now, as first-home buyers in that range can opt for land tax payment as opposed to stamp duty until the end of June.

The Victorian budget is nothing short of brutal for investment and holiday homeowners. Land tax increases will see many investors rush to market.

APRA's considering changes to the assessment rate, which will take fixed-term borrowers out of mortgage prison and into the opportunity to refinance.

Governments rarely focus on supply, instead playing with demand through first-home buyer grants, incentives and discounts. Even in a time of housing affordability or rental crisis, there's active encouragement for investors to sell.

The threat of rent caps and further capital gains changes see many running to the banks for a fixed rate of return without the risk. Sure, there's no capital growth, but there's a good rate of return without the risk of further policy changes.

16/05/2023

15/05/2023

What a blast from the pass!

13/05/2023

Happy Mother's Day 💐 to all the amazing Mums out there!

10/05/2023

Increased assistance payments for low-income renters, measures to boost rental supply and measures to increase construction of social and affordable rental housing are the big-ticket items.

Given the one in three households that rent are more likely to be younger Australians, on lower incomes, with less wealth than owner-occupiers, and typically lower savings buffers, the measures will come as some relief.

The Federal Budget 2023 was recently released, and as expected, there were a number of key announcements related to the property market. PropTrack Senior Eco...

07/05/2023

06/05/2023

Our April results are in and our Ray White Scarborough Office and Aspley Group has sold a whopping 85 properties totalling just under $65m worth of real estate!💰🏠 We want to give a big shoutout to our top agents and teams for their incredible performance!🏆

We are thrilled to have seen more buyer activity this month, with 3,323 buyers through 657 open homes and private inspections!👀

We are committed to providing the best service and results for our clients, and this month's performance shows just that.👌 Thank you to all our clients, staff, and partners for their continued support!😊

04/05/2023

View the profile of Michael Byriel from Ray White - Aspley Group. View Michael Byriel's real estate for sale, rentals, and sold properties.

26/04/2023