Expert Property Insights from Mark Bouris and John Gibson

Talking Real Estate with John Gibson – Featuring “The Mentor” Mark Bouris AM.

In this snippet from our latest podcast, Mark Bouris takes us back to his early years, revealing the decision behind his very first property purchase. From humble beginnings to major business deals, Mark’s story is all about bold moves and sharp insights.

Check out the snippet below and watch the full episode for more of The Mentor’s insights on property, business, and what it takes to stay ahead in the game.

Listen to the full podcast here.

What’s Shaping the Property Market

Auction clearance rates have slowed across the board. Are we in a buyer’s market, or is it too early to call? My advice: don’t wait for the perfect moment to buy. If you’ve got a long-term outlook and are ready to act, now is the time to make your move. A potential reduction in interest rates could fuel another rebound next year, and don’t overlook the impact of immigration on demand.

NAB has revised its interest rate cut forecast to February 2025, in line with Westpac and ANZ, anticipating a gradual decline to 3.10% by early 2026.

Sydney property prices have remained stable, with a 0.1% monthly increase and up 4.0% year-over-year. Brisbane prices also rose 0.1% last week and 0.7% monthly, reflecting a 13.7% annual increase.

The property undersupply is expected to continue, and experts agree we won’t meet housing construction targets.

The industrial sector continues to thrive, making it a strong option for first-time commercial investors.

With extensive experience and a deep understanding of various property sectors, our team is well-equipped to help you navigate the market effectively. Whether you’re looking to invest, sell, rent or need expert advice, we’re here to provide tailored solutions that meet your needs. Don’t hesitate to reach out for assistance—we’re ready to support you every step of the way!

Vendor (Seller) Advocacy Service

25 Tamarama Street, Tamarama

Residential Buyer’s Agent

We were tasked with assisting a client in acquiring a prestigious Woollahra home at auction. This property presented a unique opportunity, and our role was to navigate the complexities of the auction process to secure the best possible outcome. Through strategic bidding and maintaining composure under pressure, we successfully acquired the property for our client, showcasing our ability to manage high-stakes situations effectively.

Client Objectives: The client sought a distinguished home in Woollahra, a location known for its value and prestige. Our goal was to secure this property through a competitive auction process.
Auction Strategy: Our approach involved smart and confident bidding, carefully strategising to maximise our client’s position while resisting pressures from agents and auctioneers.
Execution Under Pressure: Despite intense competition and the high-pressure environment, we maintained our composure and strategic focus, ensuring a successful acquisition.
Outcome: The successful acquisition of the Woollahra home highlights our expertise in auction bidding and our ability to secure excellent purchases for our clients, even in challenging market conditions.

Testimonial

“After months of searching, we were feeling buyer fatigue. That’s when we engaged John Gibson at Locate Negotiate. John quickly found us an off-market opportunity, with sellers committed to a sale. He handled all the due diligence and put together a smart, strategic plan that got us the property at the right price and on the right terms. John’s expertise and sharp negotiation made all the difference. If you want a professional who knows how to close a deal, John’s your man.”

– Mike and Donna L.