Tracey's Property News

Sydney: the second most expensive property market in the world?

sydney is the second most expensive real estate market in the worldIn an article on ABC news, business reporter David Chau turns his attention to Australia’s housing market.

According to the latest Demographia rankings, Sydney is the second most expensive property market in the world.

But a local Australian housing market expert disagrees.

Read More

7 Quick Renovation Projects That Add Value To Your Home

add value to your homeAt some point you may want to sell your current home or investment property. We all want to maximise the value of our homes.

It might be surprising to know that there are some renovation projects that can decrease your home dramatically. Hopefully, you still have not done any of these things.

Luckily, if you are thinking about improving your home, there are some renovations that can increase your home’s value quite significantly. Let’s have a look at what those are.

At the end of the article I will also share with you the biggest value killer.

Read More

Overseas Investors Continue to Focus On Sydney’s Eastern Suburbs

sydney eastern suburbs property market“Location, location, location” may be the undisputed mantra of real estate everywhere. But if Carolyn Cummins’ piece on the state of Sydney’s market is anything to go by, “timing, timing, timing” is equally appropriate.

In her recent report for, she points out that “The appreciating dollar and new taxes have not deterred overseas investors buying up luxury homes in Melbourne and Sydney.”

And this is why, if you’re thinking of buying real estate in Sydney’s Eastern Suburbs, the time may be right now.
Read More

Property Spruiking Strategies That Are Too Good to be True

property spruiking signThe real estate industry is a competitive field. To stand out, businesses employ different marketing strategies to entice more buyers to purchase a property.

And it’s probably because of this, that some businesses end up walking a fine line between promoting their properties and spruiking them.

Read More

Sydney Rental Market Will Stay Strong – Here’s Why

Sydney's rental marketTo say that Sydney’s rental market has exploded in recent years is an understatement.

Demand remains high, despite the number of rental properties increasing by over 800 percent since 2010—which would normally prompt prices to drop.

But what’s the real reason behind Sydney’s ability to defy the laws of real estate supply and demand?

Read More

Beware of Under-Quoted Property Prices

under-quoted propertyThere has been a lot of talk in the real estate industry lately about a few agencies deliberately under-quoting potential buyers.

But just how prevalent is this illegal technique and how does it affect you?

Read More

Home Price Growth In Sydney Continued in June 2017 – and Beyond?

Sydney's Eastern SuburbAs we reached the mid-year mark, home prices in Australia’s biggest cities continued to rise.

This is according to a report written by David Scutt for Business Insider Australia, who notes that: “Prices in Sydney, Melbourne, Canberra and Hobart all screeched higher, logging gains in excess of 2%, while those in Perth jumped by 1.4%,” based on statistics released by Corelogic for their Hedonic Home Value Index.

This is encouraging news for all investors and home owners. But what about the future?

Read More

7 Questions to Ask Before Buying Investment Property

invest in Sydney propertyBuying investment property is serious business.

Before you actually make the jump, there are several critial questions that you have to answer. Especially one of them is often overlooked.

Read More