News


Property Report July/August 2017


The period of June/July has seen a welcome increase in vendor activity, likely owed to the turning of the financial year. The main cause of this recent dip has been vendor apprehension. But as expected, buyers are in high number. Integrity encourages buyers to register their interest while they are looking so that they may be informed of upcoming listings, as properties under $500,000 continue to sell at lightning pace. Values in the Kinglake Ranges continue to grow, without a sign of depreciating. It was only 15 months ago that buyers came to the region because they had been priced out of the outer East and North East (Yarra Glen and Whittlesea). Now buyers actively seek to be in the area, owed to its connectivity, regional atmosphere, and the retention of larger blocks in beautiful settings. As the rail line from Mernda extends, it is likely that values will follow a true course, although access to amenities and services remains a constant detraction. It is important, for the image a...

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Winter is on our Doorstep!


 Create a home that you will love to walk into in Winter A few alterations to your home will allow you to create your own cozy haven to return home to each day.  Firstly, focus on your heating solutions, and be mindful of the extra expenses and ways to avoid these in the cooler months.  It is very important to stop heat escaping your home, block those pesky drafts, close a few doors and capture the heat to create a path for it  to travel to the corners of your home in which you mainly reside. Heating your home can be costly, and there are a few things you can do to keep your bills down.  If you have a wood-burning fire, avoid the expense of the dryer and hang your clothes in front of the fire instead.  Put the reliable door snakes across the base of your doors to prevent the drafts creeping in. Add Colour Colour and mood are two very important factors in Winter, and have a huge impact on one’s frame of mind.  If your home décor is dre...


Market Review 2017


2016 represented a boom year in the local market. Due to inflation in the inner-suburbs markets, buyers (especially first home buyers) have turned their eyes of the commutable yet secluded Kinglake Ranges. Although house and land values have continued to   grow at a mean annual increase of 8%, the average first home buyer could still look for half acre residential blocks for $140,000 and 3 bedroom homesbetween $300,000 and $400,000. However, due to demand, we have seen the median price climb as some properties achieve up to 15% growth in 12 months. There is a large demand for lifestyle properties on small acreage for $500,000 to $550,000, yet the market has seen the mean value of 4 bedroom homes on 2.5 acre allotments to $600,000 and above. This all plays a part in the 25 year growth expansion of the Australian economy. To summarise property fundamentals and capital growth, things will continue to change in the Melbourne and regional property market year over year. A key ...


Integrity InSite Market Review 2016


 February 21, 2016   (According to REIV & Australian Property Institute State of the Market Seminar 2016) Melbourne Real Estate has seen a complete resurgence in the marketplace over the last 5 years, and what an incredible industry to be a part of. With a banner year in 2015, the state saw over 500,000 transactions cleared, totalling $283 billion in annual sales. This was assisted by a strong retail sector, historical low interest rates, and steady employment statistics. Unemployment in 2015 was only at 5.9%, showing population growth of 1.4% and a credit growth downturn in investment lending. These key factors played in favour for sellers across the state, similar to Sydney, seeing a huge hike in auction clearance rates and median averages. The year of 2015 showed its hand when it came to property prices, exceeding performance averages higher than the record 2010 market. Although, there were some downsides to this growth. Banks capped investment lending at 10%, and ...


Best Wishes for Christmas from Integrity


December 4, 2015   As Summer rolls around each year, the word behind every thought is “hope.” Here in the Valley, we hope for a safe and happy Christmas, and we hope that the hotter months will arrive with mercy. At Integrity Real Estate, the end of each year seems to be a quick start to the next rather than a slow finish to the previous, but that is how we like it.  We are already looking forward to the challenges of 2016, and have many  grand designs for the future. We are working harder than ever at both our  Yarra Glen and Kinglake offices to achieve Excellence in Service and to make a valuable contribution to our respective communities. As for the year that has been, 2015 has been our third consecutive record-breaking year: we doubled the size of our team, established a strong position with our new Kinglake office, achieved sales results up 15% on the previous year, and broke numerous settlement records. As a family business we understand the me...


Spring is in the Air at Integrity Real Estate


August 7, 2015   The Magnolias are in bloom, Spring  is in the air!! The scent of blossoms on the breeze is refreshing and such an exciting time to stand back, look at your home, restore and repair. If you’re thinking of selling, Spring is a great time to revamp and entice the keen buyer. One of the key elements is to de-clutter!! With Spring comes spring cleaning, and what better a time to open the windows, let in the light and breeze to freshen your home.    If your belongings are gathering dust, pack them away and create some clean lines and space within your home. Let it breath. Try  moving furniture around to open up living zones and create clean passageways through your home. A fresh coat of paint is the cheapest and easiest way to re-create your interior. Keep your colours matte, light and neutral as these tones add life and space to an area. This is  also appealing to prospective purchasers and will help encourage vision and potentia...