Interest Rate Remains Steady at 2%

The Reserve Bank of Australia has retained the current cash interest rate at two percent for the second month in a row. RBA governor Glenn Stevens said it was appropriate to leave the rate as it is. He added that even with the average growth pace of the economy, the...
Melbourne Weekend Auction Results | 4 July 2015

Melbourne Weekend Auction Results | 4 July 2015

This weekend recorded a clearance rate of 77 percent, slightly lower than the 79 percent rate last weekend but higher than the 71 percent figure last year. The Real Estate Institute of Victoria (REIV) noted a total of 508 auctions this 4th of July weekend amounting to...

Buying a Home in Victoria

The state of Victoria in the southeast of Australia is the smallest state and the second most populous in the country. This most urbanised state has a population of more than 5.3 million as of 2011 but the Australian Bureau of Statistics predicts the number will...

Cost of Hiring a Buyers Advocate

Homebuying is tedious work as it takes time, research and a lot of paper work. As such, you have two options – do it on your own or get the help of a buyer’s advocate. The process of buying a home can be done without a hitch if one gets the services of a...