Melbourne Auction Results | 11th August 2018

Melbourne’s auction market remains to be slow performing with a clearance rate below 60 percent. Over the rainy and windy weekend, it recorded a 58 percent clearance rate. The number of scheduled auctions was 642. The number of reported auctions was 492 while...

What is Negative Gearing?

In real estate, negative gearing is when the cost of buying and maintaining an investment property is higher than the income you gain from it. With this loss, it is then possible to offset the income you earn thereby allowing you to pay less tax on the property. For a...
Melbourne Auction Results | 28th July 2018

Melbourne Auction Results | 28th July 2018

Melbourne’s auction market slightly improved over the weekend recording a clearance rate 58 percent. The number of scheduled auctions 687. The number of reported auctions was 507 while the number of properties sold was 320. Total sales recorded was $223,223,000...

What is Positive Gearing?

In real estate investing, a piece of property can either be positively geared or negatively geared. It is, therefore, best to understand what this means before making your investment strategy. Positive gearing means the income one gains from his or her investment is...