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...
by Wendy Chamberlain | Jul 5, 2018 | Suburb Profile
Buying a property in Watsonia 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...
by Wendy Chamberlain | Jul 3, 2018 | Auctions
The new Federal legislation on the payment of GST in property developments took effect as at July 1st 2018. The legislation is aimed at preventing businesses in the property development area failing to remit the GST to the Australian Taxation Office (ATO) after a sale...
by Wendy Chamberlain | Jul 3, 2018 | Buying a Home
The Reserve Bank of Australia today left the current official cash interest rate unchanged at its historic low level of 1.5 percent. An earlier survey showed most respondents predicting the current rate to be kept on hold. In his monetary policy statement earlier, RBA...
by Wendy Chamberlain | Jul 2, 2018 | Auctions
Melbourne’s auction clearance rate fell back to 60 percent on a cold Saturday from the previous week’s 62 percent. The number of scheduled auctions followed the same trend at 641 from the previous 821. Reports noted that the very cold weather caused a low...
by Wendy Chamberlain | Jun 28, 2018 | Suburb Profile
Buying a property in Bulleen 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...
by Wendy Chamberlain | Jun 26, 2018 | Buying a Home
Homebuyers differ in the things they look for when buying a property. Some families prefer flat homes with a backyard while some prefer a two-level property. There are young couples who like to live near the beach with views of the water while the others opt for an...
by Wendy Chamberlain | Jun 25, 2018 | Auctions
Melbourne’s auction market recorded a 62 percent low clearance rate on Saturday, an improvement from last weekend’s 59 percent. Th figure, however, is still low despite a high volume of scheduled auctions at 821. The number of reported auctions was at 668...
by Wendy Chamberlain | Jun 18, 2018 | Auctions
Melbourne’s auction market continues to experience a low clearance rate below the 60 percent level. It recorded a 59 percent clearance rate last Saturday, slightly higher than the 56 percent the previous week. This was despite the higher number of scheduled...
