by Wendy Chamberlain | Oct 6, 2015 | Buying a Home
The Reserve Bank of Australia (RBA) has maintained the cash interest rate at two percent. During its board meeting today, Reserve Bank Governor Glenn Stevens noted that as the economy is growing at below the long-term averages, their monetary policy needs to be...
by Wendy Chamberlain | Oct 6, 2015 | Buying a Home
Coburg is one of Melbourne’s suburbs situated 8 kilometers north of the CBD. Part of the City of Moreland, it has a population of 24,977 as of 2011. The suburb has hundreds of shops in it main commercial precinct and is also serviced by different public...
by Wendy Chamberlain | Oct 4, 2015 | Buying a Home
This AFL Grand Final weekend, Melbourne achieved a 56 percent clearance rate. A total of 51 properties were listed, 31 were reported and 18 were sold yesterday with a median price of $801,000. This weekend’s clearance rate was much lower than last...
by Wendy Chamberlain | Sep 27, 2015 | Auctions
Melbourne’s auction clearance rates these past weeks have remained steady at 73 percent. A total of 1,101 auctions were listed and 888 reported this weekend. The total number of properties sold was 658 with 10 withdrawn while the median price recorded was...
by Wendy Chamberlain | Sep 22, 2015 | Buying a Home
Melbourne has been named as most livable city in the world for five straight years. It has various reasons to be so including sufficient and affordable housing for all types of people. Thousands of suburbs exist in Melbourne and those who want to learn more about them...
by Wendy Chamberlain | Sep 20, 2015 | Auctions
This weekend’s auctions in Melbourne recorded a 75 percent clearance rate. A total of 612 properties were sold, 811 were reported and 995 were listed with a median price of $816,000. In Victoria, a 76 percent clearance rate was recorded this weekend. A total of...
by Wendy Chamberlain | Sep 15, 2015 | Buying a Home
The suburb of Oak Park is located 11 kilometers north of Melbourne’s CBD and is part of the local government area of the City of Moreland. With a population of 5,771 as of 2011, it used to be part of the John Pascoe Fawkner estate. The suburb’s name was...
by Wendy Chamberlain | Sep 12, 2015 | Auctions
Today’s auction results in Melbourne recorded a 76 percent clearance rate with a median price of $806,888. A total of 1,036 properties were listed, 839 reported and 639 sold. The highest paid property this weekend was a house that sold for $4.6 million....
by Wendy Chamberlain | Sep 8, 2015 | Buying a Home
Property prices fluctuate due to various factors, such as the state of the local economy, employment opportunities and housing supply and demand. For this reason, people planning to buy a house need to keep track of market conditions to determine the current prices in...
by Wendy Chamberlain | Sep 6, 2015 | Auctions
Saturday’s auction in Melbourne achieved a clearance rate of 76 percent with a median price of $802,000. A total of 550 properties were sold from the 716 reported and 878 listed. Regionally, Victoria recorded a clearance rate of 76 percent compared to last...
