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...
by Wendy Chamberlain | Sep 1, 2015 | Buying a Home
The suburb of Glenroy is located just 13 kilometers north of the Central Business District. It has a population of 19,664 and belongs to the local government area of the City of Moreland. In recent years, an increase in medium-density developments was noted in the...
by Wendy Chamberlain | Aug 30, 2015 | Auctions
Melbourne’s weekend auction yesterday recorded a clearance rate of 79 percent with a total sales of $507,885,800. A total of 1,046 auctions were listed while there were 848 reported auctions. Of the number, 677 properties were sold with a median price of...
by Wendy Chamberlain | Aug 25, 2015 | Auctions
Auctions are one of the fastest ways to sell or buy a property. By putting your property on auction, you enjoy the benefits of having your home advertised complete with details and photos in national and regional publications, websites and sale boards at the...
by Wendy Chamberlain | Aug 23, 2015 | Auctions
Yesterday’s auction recorded a 76 percent clearance rate compared to 74 percent for the entire state of Victoria. A total of 839 auctions were listed while 671 were reported to the Real Estate Institute of Victoria (REIV). Of the total number, 512 properties...
by Wendy Chamberlain | Aug 18, 2015 | Auctions
One way of buying a property in Australia is through an auction. With this option, the buyer has an opportunity to provide bids according to his or her budget. But bidding at property auctions requires certain skills and strategy. It is best that buyers come prepared...
