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...
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...
