Buying News

Mortlake SOLDs

A quick little drive up Mortlake's main street recently highlights a few of the successful sales in the popular township with plenty happening at the moment.  Call us to find out more!...

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Tenants’ rights strengthened

VICTORIAN tenants will officially be able to make minor modifications to their rental homes and own pets without landlord consent after new laws passed parliament last week. The reforms — which also include the introduction of “basic standards” and limit rent rises to...

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Building and Pest Inspections

Article by Peter O'Malley Is a building and pest inspection that important? Is it necessary to have a property inspected by a professional when buying and how much does it cost? For most people, buying a home or an investment property is the biggest investment they...

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The Moyne River

As we have the pleasure of presenting to the marketplace for sale this fine property (read on) only 9 kilometres out of Port Fairy on 26 acres with one of its entire boundaries fronting the Moyne River, we decided to take the opportunity to share with you some...

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Don’t take the bait!

Bait pricing hurts both sellers and buyers, and despite recent legislation changes aimed at preventing the practice, it is still rampant.  Just as AFL coaches find ways to manipulate rule changes for their own benefit, real estate agents find ways around the new...

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“What a refreshing meeting”

We asked Iris a few questions about her buying experience with Wilsons, always looking for feedback to help improve our service.  We believe that what customers say about a company's service, means a lot more than what the company says about itself. 1: “How did you...

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Delighted buyer AND seller!

The favourite part of our job - when two delighted customers, seller and buyer, come together to enjoy the process of a home being transferred from one to another - both happy with the outcome, this being a sale at the highest possible price for the seller, and for...

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John and Lorna

Again showing that our clients can win at both sides of the selling and buying equation, hear from John and Lorna as they take a break from packing up their home in readiness for their move....

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Replica Victorian Style Home

Victorian houses were built to last and highly sought after. They are described as romantic and delicate. The classic look, the shapes, the simple lines - Victorian homes have character and soul. The high ceilings, beautiful big cornices, the fireplace, the details...

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Tommy and Pam

We chat with Tommy and Pam, after their successful sale in Noorat, and purchase in Terang. Once a buyer was found for their property, all efforts turned to finding their next home, including a "wanted ad" on our website  which was shared on our Facebook page and seen...

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Should you take out Lenders Mortgage Insurance?

What is Lenders Mortgage Insurance (LMI) and should you have it? Actually, that's kind of a trick question, since it is not your choice, and it is not for your protection! Lenders' mortgage insurance protects your lender in the unfortunate event of you defaulting on...

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Open house or open slather?

Yes, the following video is simply a TV comedy skit from "The Chaser's War on Everything".  However, it does bring to light a legitimate concern regarding open inspections, that of security.  With only one or two agents present, and potentially several strangers...

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How septic systems work

Recently, while showing a buyer around a property in one of our Western district townships, I was asked a technical, yet fairly elementary, question about the workings of the septic system.  Quite frankly, I should have known the answer, but didn't! I dutifully went...

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Fishing and Real Estate?

With estimates of over five million Australians taking part in recreational fishing, it is Australia’s biggest sport and leisure activity. When almost one in four of us partake in this activity, plenty will understand the following analogies to the Real Estate...

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Catch of the day!

Well it seems that every week amongst the office team here at Wilsons, one of us is talking about the latest fish they or a family member has caught. I suppose this should come as no surprise, given it is estimated that over five million Australians take part in...

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Bread and Butter

Bread and butter", as defined online by www.thefreedictionary.com, can mean: bread and butter 1. The essential, sustaining element, as in The quality of the schools is the bread and butter of town property values. This idiom alludes to a basic food, bread spread with...

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The winners and losers in all markets

Written by Peter O'Malley. There is a simplistic thought pattern that rising property markets are good and falling markets are bad. Supporting the point, transaction volumes historically increase in rising markets and decrease in falling markets. These fluctuations in...

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Pea Soup Paradise

On a drive through Port Fairy and along Ocean Drive and Port Fairy's South Beach on one of the magnificent days of warm weather we have experienced in the south-west over the last 7 days, I was compelled to stop the car and stroll down across the white sand between...

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Lifestyle meets farming, rural tree/sea change

1545 GELLIBRAND RIVER ROAD, CHAPPLE VALE It is not very often that we have the pleasure of presenting the marketplace with such a spectacular property offering the genuine options of lifestyle and rural pursuit.  The current owner has simply enjoyed over 2 decades...

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Buying a Renovator…

There are many reasons someone will buy a home that needs some TLC or work done to it – it allows you to put your own personal stamp on the character of the property; it is more economical or it may be a “flipper” that you can do up and sell for a profit in a short...

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‘Open for Buyers’ Means an Open Agency

If you hire a real estate agent to sell your property, you have every right to expect him or her to work hard for you. You also should expect the same from the salesperson’s agency. Nobody expects anybody to work seven days a week, but just because a salesperson has...

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Conveyancing Conversation

Peter O'Malley sits down with Paul Denny of Paul Denny Conveyancing who shares 39 years of experience and advice for people buying and selling property.  This extremely insightful interview also highlights how the relationship between a vendor's real estate agent and...

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Abolishing stamp duty for first home buyers

About this initiative From 1 July 2017, first home buyers purchasing properties valued below $600,000 will be exempt from paying stamp duty. Further, first home purchases valued between $600,000 and $750,000 will receive a concession applied on a sliding scale. It...

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Do Real Estate Agents have a conflict of interest?

A common perception I often hear is that Real Estate agents have a conflict of interest, as their customers are both buyers and sellers, with seemingly opposing objectives.  Buyers want to buy as cheap as they can, while sellers want as much money as they can get....

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Don’t take our word for it!

In the world of business, the noise of companies spruiking their wares, and why they are the best fit for you, can be very loud, crowded, and confusing.  It all sounds good.  And if only it were all true. But what says a heck of a lot more about a company is not what...

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“Great Job!”

Peter discusses his recent successful sale, which was purchased a generation earlier through Wilson Real Estate, and now sold by the next generation of Wilsons.  This is what serving the local community for over 4 decades is all...

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Open houses: The lazy real estate tactic

Many in the real estate industry speak highly of open homes. This tactic has become so common that many sellers are under the impression that open homes are the only way to sell a property. What many people are unaware of is that open homes typically have more...

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Real Estate for sale – on the quiet.

We have several properties for sale that you may not be aware of - because for one reason or another, there is little to no outward specific marketing associated with them.  You won't find a sign out the front, nor will you see them feature on any website or our...

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The Pricing Game

It wasn’t so long ago, when a homeowner decided to sell their property the agent would advertise it for the agreed price. The price was set by the agent in consultation with the homeowner. The advertised price was simply the price the owner wanted. It was...

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Flipping houses – What you need to know

Buy a house, renovate and sell quickly for a substantial profit – it’s not hard to see why flipping houses seems like an attractive venture. House flipping certainly isn’t a new concept, with shows such as the The Block making it appear like an easy, glamorous way to...

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What is equity and how can it benefit me?

Simply put, home equity refers to the difference between the market value of your property and how much is still owing. Equity is the unencumbered interest an owner has in a property. For example, if your property was worth $500,000, and you still owed $400,000 on...

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Numero Uno. What is the meaning behind your house number?

Always drawn to a certain number? Are you playing your cards right when choosing your new home? Our numerology article could give you that lucky edge, or break a run-of-bad-luck in the home. There are numerous beliefs floating around the cosmos so we’ve narrowed it...

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Why you should consider rentvesting

Eager to enter the property market but can’t afford to buy where you want to live? It might be time to consider rentvesting. With headlines in the media often touting rising living costs and housing unaffordability, it is no surprise that many young people feel like...

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Home Safety Tip – Do you have a fire extinguisher?

There has been much talk about ensuring that your property is adequately fitted with smoke alarms (and is law in many states), but what would you do if a fire did occur? Investing in a fire extinguisher can help protect your property in the event of a fire. Following...

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The extra mile

Meet Carla & Murray, more delighted clients of Wilson Real Estate. Hear how Linda Miller went the extra mile to find them their dream property, all from the other side of the country. And the process couldn't have been...

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Homefinder finds home

Our aptly named "Homefinder", Daniel, knocked on Sharon and Daryl's door, and within a week, with Linda's help they had sold their home for a great price and purchased another, which they are very excited about!...

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Purchasing off-the-plan?

Three things you need to know before purchasing an off-the-plan development as an investment property. Many investors gravitate towards purchasing off-the-plan developments due to the perceived benefit they offer. Off-the-plan developments are often marketed as an...

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Open 7 days – Benefits in action

Hear from 2 delighted clients, Glen and Julie, buyer and seller of 72 Kerr Street, Mortlake. Sold within a week, with all the action happening on a Saturday afternoon and Sunday, when Wilson Real Estate are open for business, and the others are...

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Another delighted client!

Linda recently handled the sale of Manny's house in Illowa, then found a house for him to purchase, and to cap it all off - an investment property as well.  Another delighted...

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40+ Years of Wilsons

In 1976 real estate agency Mark Wilson and Associates began trading in Warrnambool. The business strategy of putting the customer’s best interests ahead of their own has assisted in the longevity and success of this family owned and operated real estate agency. 40+...

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Property investing tips

5 MISTAKES TO AVOID WHEN INVESTING IN PROPERTY: 1.     Not doing your research. When purchasing an investment property, it’s important to do your research about the location, local amenities, rental yields, vacancy rates and the property itself. While it may not...

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Inspection Etiquette

Much has been written about the pros and cons of Open Inspections versus taking individual buyers through properties by way of personal inspection with the agent. Without opening up a can of worms, the salesperson in me favours personal inspection because it is a...

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Meet Anna…

Meet Anna, another happy Wilsons customer. As you can see, Linda from our office went to great lengths to find the right home for Anna. If you'd like us to help you find your dream home, contact us any time. If you're thinking of selling, it makes sense to be with the...

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Is this the one for me?

Knowing when to move on the right property. Written by Peter O'Malley. Buying a home is one of the most important and largest financial decisions that you are likely to make. Getting it right will result in years of security and happiness from your home. As happy as...

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Our latest happy buyers

Ashleigh Porter and Ben Martin are our latest happy purchasers - having just bought a block of land in Koroit with the assistance of Percy Eccles, we wish them all the best with their plans for the...

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Don’t wait until it’s too late

Article by Paul Kounnas Unfortunately many elderly people put off selling their family home until it’s too late and the decision to sell is no longer theirs to make, it’s made instead by others. It is sad to see this happen to many of our elderly. Generally the reason...

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