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Melbourne's auction clearance rate further slipped this Saturday to 61 percent from last weekend's 62 percent. The number of scheduled auctions went slightly to 958 from 950 the previous week. As for the number of reported auctions, there were 710 while the number of properties sold was 449. Total sales recorded was more than $325,446,000 while the median price was pegged at …
Continue Reading about Melbourne Auction Results | 12th May 2018 →
The Australian Prudential Regulation Authority (APRA) will soon remove a lending restriction for property investors. APRA chairman Wayne Byrnes recently said the 10 percent limit on bank lending imposed in 2014 would be scrapped. The lending restriction along with the limit on interest-only lending were meant to strengthen major bank balance sheets and limit the flow of speculative money into …
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Buying a property in Sandringham can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment property by: removing the stress and frustration of buying a home saving you time and allowing you to get your …
Continue Reading about Buyer’s Agent Sandringham – Suburb Profile →
Melbourne's auction market has been fluctuating in recent weeks and this Saturday, its clearance rate slipped again to 62 percent compared to last weekend's 65 percent. The number of scheduled auctions also went down to 950 from 1,124 the previous week. As for the number of reported auctions, there were 727 with 461 properties sold. Total sales recorded was more than $378,321,000 while the …
Continue Reading about Melbourne Auction Results | 5th May 2018 →
The Reserve Bank of Australia today retained the current official cash interest rate at its historic low level of 1.5 percent. The move was widely expected by economists surveyed by Bloomberg. All the economists agreed the interest rates will be kept on hold. In his monetary policy statement earlier, RBA Governor Philip Lowe noted the strong global economy, the growth experienced by several …
Continue Reading about Current Official Interest Rate Kept On Hold at 1.50% →
Buying a property in Kew can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment property by: removing the stress and frustration of buying a home saving you time and allowing you to get your weekends …
The auction market in Melbourne recorded a clearance rate of 65 percent on Saturday, up from last weekend's of 61 percent. The number of scheduled auctions also increased to 1,124 from 756 the previous week. As for the number of reported auctions, the figure also increased to 880 with 595 properties sold. Total sales recorded was more than $435,086,000 while the median price was pegged at …
Continue Reading about Melbourne Auction Results | 28th April 2018 →
When buying a real estate property, there are always risks involved and as such, it pays to plan well and do your research. Many experts normally advice buyers and investors to do their due diligence regardless of the type of property they want to purchase. Unfortunately, not everyone follows this advice resulting in disappointments and loss of money. So what really is due diligence and what …
Continue Reading about What is Due Diligence and What Does It Cover? →
Buying a property in Windsor can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment property by: removing the stress and frustration of buying a home saving you time and allowing you to get your weekends …
Continue Reading about Buyer’s Agent Windsor – Suburb Profile →
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 increased to 581 while the total number of properties sold was down to 369. Total sales recorded was more than $264,643,000 while the …
Continue Reading about Melbourne Auction Results | 21st April 2018 →
