Outliers

It was a quiet Saturday for Team Fetter/Sciola. Just the one auction, having sold two other houses before auction.  Our sole auction, a single front in Armadale, sold after passing in with three bidders.  Our perfect success rate of 100% clearance out of the Stonnington office for the last two weeks came to an end, […]

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What Next? 

The cash rate hit an historic low in Australia in November 2020 of 0.1%.  In addition, piles of stimulus money were thrown onto an already heated asset market, and we’re still paying for the inflationary hangover and debt burden today.  Doesn’t 0.1% just seem ridiculous now? For those on sub 2% mortgages, owning a house […]

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2024 recap 

Melbourne has seriously underperformed most other capital cities since COVID.  Perth and Brisbane seem to have been completely immune to interest rate rises, achieving double digit growth year on year in spite of mortgage rates tripling since 2022.  So we can’t blame interest rates for Melbourne’s lackluster growth, even negative growth in some instances.  My […]

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Fickle

Markets are fickle because they are driven by humans, who are fickle. Market sentiment is a very subjective and nebulous thing – attempting to collate a bunch of people’s feelings and emotions towards the market. It is purely subjective. It depends on who you ask and when. It can also turn on a dime.  Anyone […]

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