by Wendy Chamberlain | Apr 22, 2018 | Auctions
The auction market in Melbourne slowed again on Saturday recording a lower clearance rate of 61 percent compared to last week’s 68 percent. The number of scheduled auctions, however, went up to 756 from 731 the previous week. The number of reported auctions also...
by Wendy Chamberlain | Apr 20, 2018 | Buying a Home
The Melbourne property market is confirmed to be in a cooling condition due to the drop in auction clearance rates in many suburbs since the start of the year. Data collected by the Domain Group from January to March shows clearance rates were lower compared to the...
by Wendy Chamberlain | Apr 18, 2018 | Buying a Home
Capital gains tax or CGT is commonly imposed in Australia and is part of one’s income tax. This particular tax is levied against the selling of a real estate property and other capital assets. Basically, it is levied on profits gained when one disposes of an asset...
by Wendy Chamberlain | Apr 16, 2018 | Auctions
Melbourne’s auction market further improved on Saturday recording a 68 percent clearance rate last weekend’s 66 percent. The number of scheduled auctions also went up to 731 from 601 the previous week. The current clearance rate was also higher compared to...
by Wendy Chamberlain | Apr 11, 2018 | Buying a Home
When buying a home, it is strongly recommended that buyers check all the areas of the property to ensure that you are aware of its condition including the not-so-good signs. A residential property is a valuable investment and you don’t want to waste your money on one...