by Wendy Chamberlain | Jul 26, 2015 | Auctions
This weekend’s auction in Melbourne achieved a 79 percent clearance rate, higher than last weekend’s 75 percent rate and last year’s 70 percent on the same weekend. The Real Estate Institute of Victoria (REIV) recorded a total of 671 auctions this...
by Wendy Chamberlain | Jul 22, 2015 | Buying a Home
Home values in Australian cities recorded a 3.8 percent growth in the first four months of the year owing to the strong market conditions particularly in Sydney and Melbourne. This is according to the CoreLogic RP Data Home Value Index. The index report, however,...
by Wendy Chamberlain | Jul 20, 2015 | Buying a Home
Macleod is a suburb in Melbourne situated 14 kilometers northeast from the Central Business District. It has a population of 9,606 as of 2011. People wanting to live in Macleod have two options when buying a residential property. They can choose between houses (total...
by Wendy Chamberlain | Jul 19, 2015 | Auctions
This weekend’s auction recorded a clearance rate of 76 percent compared to last weekend’s 74 percent. A total of 597 auctions were reported to the Real Estate Institute of Victoria (REIV) with 456 selling and 141 being passed in. Of the total passed in, 65...
by Wendy Chamberlain | Jul 13, 2015 | Buying a Home
Before buying a residential property, it is a must to do a personal inspection. This is important so you would know the real condition of the property, areas that need repair, potential problems and if it is indeed worth your money. Potential buyers should take a step...
by Wendy Chamberlain | Jul 12, 2015 | Auctions
This weekend’s auction recorded a clearance rate of 77 percent, similar to last weekend. A total of 502 auctions were reported to the Real Estate Institute of Victoria (REIV) with 387 selling and 115 being passed in. Of the total passed in, 45 were on a vendor...
by Wendy Chamberlain | Jul 8, 2015 | Buying a Home
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...
by Wendy Chamberlain | Jul 6, 2015 | Auctions
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...
by Wendy Chamberlain | Jul 6, 2015 | Buying a Home
Buying a residential property takes time and research and sometimes, to succeed in this process, one needs to have a professional agent. Unfortunately, not every homebuyer who hires a buyers advocate end up successful. Here are common mistakes in picking a buyers...
by Wendy Chamberlain | Jun 29, 2015 | Buying a Home
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...
