16 Months ago we bought a property Via Metropole, once the purchase has been done. We attended an auction a week later after our purchase, in the same street same size property. It was sold for $95,000 more than what we paid for.

Once we bought the property, I have got three quotes from rental agencies. They didn’t insist for us to use their rental agency at all.

We are in the process of building two townhouses with Metropole. At this stage they never told me that I have to use all their recommended services. Some I have taken. some I didn’t. I am still finishing the project.

The big difference between Metropole and some other buyers agencies.

1) Metropole always get back to you when you call them or email them.
2) They never show us any off the plan projects or new developments to buy. so their can make any commissions.
3) They know what they are doing and very good in the area of expertise.

Worth to talk to them and see if they fit your criteria.

Nat,

I have lived in Altona North for a 12 years and seen a good capital growth for a last year comparable with Altona.

1) Altona North doesnt have a train station. Which can be a negative point for the suburb.
2) Very close to the city. and travel to city or eastern suburbs is a breeze.

Altona

1) I would recommend on other side of railway which is close to the beach.

If you have $650,000 to buy. I would rather recommend west footscray. It has tottenham, westfootscray and middle footscray train stations.

Thanjk you.

Metropole is a good buyers agent. I have used them before. They have 40 years experience in property. They have bought and sold 2 billion worth of property. They are the best of all the buyers agents I have met.

Ofcourse, it will hurt a bit. But my plans will not change. We will keep buying one property a year.

Ryan, 

There is one interesting theory, I was researching for a long time in relation to Inflation and Interest rate. 

Inflation and Interest rate determine the price of Housing. In any Country rate of growth on Housing is Rate of Inflation + Interest Rate. I am still on the way to finish my readings. 

House price growth = Inflation + Rate of Interest. (you have to see 10 years span). 

Take any country, this is will true. Will publish graphs soon. Thats the reason I think next year house prices in Australia will increase by 4.5%. It can be taken as purely speculative theory as well. Please post your comment on it. 

Thank you.

Dear Melbinvester, 

If you have 763 sqm in Wantrina South, Which is a good are in Melbourne. I think you might squeeze in 3 properties. I was having a discussion with a Councilor from other area in Melbourne. They advised me, some changes are going to come 1st July 2014, Which might entitle you to put three properties. 

Please talk to a good town planner in the council. Making a visit to council office worth a shot. 

Thank you. 

Jamie,

WESTPAC is expecting 2 rate decreases next year. Hopefully we can see 2 more.

I went to ANZ to fix my Interest rates and they told they are expecting the rates will decrease next year.

Do you think they will decrease. Please let me know your opinion. 

Thank you