logo
EXCLUSIVE Real estate agent exposes the mistake many young Aussies are making - and it could have drastic consequences in the future

EXCLUSIVE Real estate agent exposes the mistake many young Aussies are making - and it could have drastic consequences in the future

Daily Mail​14-07-2025
A pair of glamorous real estate agents have urged home buyers to act decisively, warning that waiting for the 'perfect moment' could mean missing out altogether.
Christina and Natasha Pincevic, aged 30 and 24 respectively, founded CMP Real Estate in Gledswood Hills, about 60km southwest of Sydney, in 2022.
Christina highligted a mistake that she saw many young buyers make.
She said too many buyers focus on trying to time the market instead of recognising genuine opportunities when they arise.
'My grandfather had this old photo, an elderly man hunched over with a cane. The caption read: "The young man who waited for the price of real estate to come down". I've never forgotten it,' she says.
'In this industry, the ones who sit back waiting for the "perfect time" usually end up watching from the sidelines, priced out, outpaced, and outplayed.'
Instead of trying to guess the market, Ms Pincevic advises buyers to focus on their finances, long-term goals, and the quality of the opportunity in front of them.
The agent said borrowers waiting for a rate cut may be making life harder for themselves, warning it will also increase competition.
'Rate cut or not, if you're waiting around for the 'perfect moment', you'll miss it. Smart buyers don't try to time the market, they move when the numbers work, the location's right, and the opportunity stacks up,' she said.
'So if you're in a position to buy now, get your pre-approval in place and be ready to act fast. Real estate doesn't reward hesitation - it rewards action. And if you're waiting for the market to get easier… you'll be waiting a long time.'
She said many first-home buyers do everything right, except take the final step.
'Young families and first-home buyers are still active, but they tend to be more cautious. They research carefully but often hesitate, and in this market, hesitation can mean missing out,' she explained.
'Ultimately, the buyers making the biggest impact aren't always those spending the most, they're the ones ready to act quickly.'
Her advice to first-time buyers? Be prepared and know what you're working with.
'First-home buyers need to get a clear handle on their finances before letting emotions take over,' she said.
'It's important to speak with a broker early, understand your borrowing capacity, and explore any government incentives you may be eligible for. Right now, there are several support options designed to help buyers get into the market.
'The key is preparation, the right property will come along, but if your finances aren't in order, you could miss the opportunity.'
Ms Pincevic said western Sydney is experiencing rapid growth spurred by the construction of the new international airport - due to be completed in 2026.
The Western Sydney International Airport will operate on a 24-hour schedule, unlike Kingsford Smith - the city's current airport in Mascot - which closes at 11pm and opens at 6am each day due to noise restrictions.
'Western Sydney's boom is being driven by one major catalyst, the new airport. It's not just a runway, it's triggering billions in infrastructure, jobs, and development across the region,' Ms Pincevic said.
Suburbs like Badgerys Creek, Austral, Edmondson Park and Leppington are firmly on her radar.
'You've got roads, rail, industrial, commercial and retail all coming in, and buyers are getting in early while they still can,' she explained.
In a market that never sits still, Ms Pincevic's advice is to be proactive.
'Stay informed, stay ready, and don't wait around for someone else to tell you it's time. Because by the time the moment looks perfect, the best opportunities are often long gone,' she urged.
NAB is forecasting national dwelling prices to rise by 3.3 per cent by the end of 2025, following a strong post-Covid surge in 2024, when prices jumped 9.7 per cent.
Recent CoreLogic data shows a surge in Brisbane, Adelaide and Perth, with all three cities recording strong growth over the last 12 months.
In contrast, Sydney's market has been more subdued, with house prices edging up 1.7 per cent and unit prices rising just 0.2 per cent.
Melbourne has seen an annual rise of 0 per cent for houses and 1.5 per cent for units.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Major change for millions of Aussie workers next week
Major change for millions of Aussie workers next week

Daily Mail​

time29 minutes ago

  • Daily Mail​

Major change for millions of Aussie workers next week

More than 5.1million Aussies who work for a small business will soon have the right to ignore calls and texts from their bosses after hours. The second stage of 'right to disconnect' laws comes into effect next Monday, exactly one year after the Albanese government enforced the rule for companies with more than 15 employees. The controversial laws give employees the right to refuse to monitor, read, or reply to contact outside their working hours, unless doing so is unreasonable. This includes contact from an employer, colleagues and third parties such as clients and suppliers. But the laws don't make it unlawful for an employer to contact an employee outside working hours. 'Instead, they give employees a right to refuse to monitor, read or respond to the contact, unless doing so is unreasonable,' the Fair Work Ombudsman website states. Whether or not a refusal is unreasonable will depend on the circumstances. Factors could include the nature of the worker's role and level of responsibility, their personal circumstances and extra pay, or compensation received for working additional hours or being available after hours. Ahead of the major change, the NSW Small Business Commissioner has urged employers and employees from the outset to have a conversation about what out-of-hours contact might mean. 'They should set expectations about contact and responding to contact when either party is not working,' the website states. However, many questions remain, including what is considered unreasonable. There isn't any advice in the legislation, which encourages businesses to consider whether employees are being paid for this time after-hours or if the request is urgent. Those who don't comply with the laws have been threatened with hefty fines of up to $18,780 for individuals and $93,900 for companies per breach. However, no cases involving large companies have yet made it to court in the first year of legislation. The laws have reignited online debate among employees and small business operators. 'I'm a manager and constantly get calls and texts after hours, weekends and holidays. Staff wanting to swap shifts, calling in sick, and security call-outs,' one woman posted online. 'Wow, I'm gonna be getting paid 24/7. Shouldn't this work both ways? Staff should respect their bosses' time off also.' A worker added: 'Your boss is only your boss during work hours, after work hours he's just another person & I decide if I answer their calls or not.' Workers on call 24-7 were concerned about the potential impact the laws could have on their role. 'I work a job doing supermarket refrigeration service, does this mean I can ignore emergency breakdowns, even though I'm on call 24/7?' one wrote. 'Or can I ignore texts telling me which job I will be at next morning? Or what about important information about jobs I need to pass onto my boss? Can I just not do that because it's out of hours?' However, others had no problems with being contacted after hours by their bosses. 'I work for a small company and sometimes it just happens. If you have a respectful relationship with your management it shouldn't be an issue from time to time,' one woman commented.

Tiny bungalow bought for just £5k with stunning views of millionaires' playground Sandbanks hits market for £1.5m
Tiny bungalow bought for just £5k with stunning views of millionaires' playground Sandbanks hits market for £1.5m

The Sun

time3 hours ago

  • The Sun

Tiny bungalow bought for just £5k with stunning views of millionaires' playground Sandbanks hits market for £1.5m

A TINY bungalow that was bought for just £5,000 nearly 70 years ago has hit the market for a whopping £1.5 million. The property, on Shore Road, Dorset, boasts views of the sea and is just a stones throw away from Sandbanks, a luxury millionaire's playground. 6 6 6 Sitting on such a sought after location the little bungalow commands a big price. It has been owned by the same family since 1957, in the time since it was purchased Sandbanks has become one of the most desirable home locations on the planet. Despite the original £5,000 price tag only being worth around £170,000 today the property is being sold for a seven figure sum. It hit the market as part of a probate sale with an asking price of £1.5 million. The pricey bungalow does come with a caveat though, a covenant attached to the bungalow states that it cannot be extended upwards. The lucky buyers will be out of luck if they hoped to turn the property into a two-storey. Any hopeful buyer will have to consider the agreement which limits what they can do with the property. The estate agent does note that the three bedroom home can be torn down and rebuilt or extended at the back to provide some more space. At the moment the dainty home boasts a large lounge and dining room, patio doors opening onto the front garden and views of the harbour. The buyers will also get a smaller kitchen and utility room, two double bedrooms and a conservatory. Channel 4 star Celia Sawyer, known as 'Mrs Bling,' faces a heated privacy battle with her neighbour Neil Kennedy in Sandbanks The tiny bungalow even comes equipped with an internal garage for keeping swanky motors safe. Elliot Whitehead, of Lloyds Property Group, told the Daily Mail: "This is a rare opportunity to acquire a prime coastal home that is in a fabulous location and offers direct access to the Sandbanks lifestyle. "It has incredible views of Poole Harbour and is within moments of Sandbanks' award-winning beaches, fine dining and yacht clubs. "Due to the covenant, the new owner won't be able to go up but they could come out a little bit. It has quite a large garden and potential to extend at the back." 6 6 6 Homes at the exclusive resort sell for millions of pounds with the record price for a Sandbanks property sitting at £13.5 million. Among the resorts past and present residents are Harry Redknapp, Channel 4 star Celia Sawyer and entrepreneur Tom Glanfield. The tiny bungalow sits just a few hundred feet from the beach and boasts incredible views of the swanky area. While not quite as expensive or large as some of the neighbouring properties the bungalow offers the opportunity to purchase a home sitting on prime real estate. Sandbanks has been one of the most sought after locations for property buyers in the UK for some time. 5 Tips to Get on The Property Ladder Saving for your first property is tough, but it is possible. Here are a few steps for first-time buyers. 1. Cut back on luxuries and start saving Consistent monthly saving is the best way to accumulate enough money to get on the ladder, for a deposit and purchase fees. To do this, you need to take a look at your monthly outgoings and think about what can be cut out - holidays, new clothes, weekly takeaway. Using a savings calculator can help you to establish how long you will need to save for a deposit. Based on your income, you can figure out a realistic amount to save each month. 2. Have a realistic property search Set a budget for the property price you would like to buy, and think realistically about the location and size of your property. While we all may want that house with a view or extra bedroom, can you afford it? 3. Research Help To Buy and Shared Ownership schemes The government has introduced a few ways to help first-time-buyers get on the property ladder and they're great for those on lower incomes or to buy a property in more expensive areas like London. 4. Consider buying with another person Investing with somebody else you know is a sure way to get onto the property ladder. You only need to save half the amount you would otherwise, so you can work towards getting your property sooner. You can invest with a friend, family or partner. Naturally, it is a big step and a huge commitment so be open and honest about what you expect from living together — if you haven't already. 5. Talk to a mortgage broker and get your documents in order A mortgage broker can tell you exactly how much you can borrow for a mortgage, what you will need to pay monthly and in upfront costs.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store