by Wendy Chamberlain | Jul 17, 2018 | Auctions
Melbourne’s auction market was steady over the weekend achieving a clearance rate 56 percent, similar from the previous week. The number of scheduled auctions was down to 484 from 526. The number of reported auctions was also down at 377 while the number of...
by Wendy Chamberlain | Jul 17, 2018 | Buying a Home
Many people are aware of their home equity but do not understand very well how it is calculated and its other uses. Basically, equity is the difference between a property’s current market value and the outstanding balance of any debt held against it. It is an asset...
by Wendy Chamberlain | Jul 10, 2018 | Buying a Home
Investing in real estate is one effective way of building wealth and establishing a property portfolio moving into the future. There are two basic types – active and passive. Regardless of the type of property investing you are doing, each method requires time,...
by Wendy Chamberlain | Jul 8, 2018 | Auctions
Melbourne’s auction clearance rate slipped further on Saturday to a low of 56 percent from the previous week’s 60 percent. The number of scheduled auctions followed the same trend at 526. The number of reported auctions was also down at 392 from last...
by Wendy Chamberlain | Jul 5, 2018 | Buying a Home
Buying a house in Melbourne is still a huge challenge for many young people. A new report shows that young Melburnians are more likely to take five years to save for a deposit to buy a home in the cheapest suburbs. The report released by the Domain Group looked into...