by Wendy Chamberlain | Mar 15, 2021 | Real Estate News
The federal government’s bill to wind back responsible lending laws received strong endorsement from the Senate last week when the Economics Legislation Committee tabled its report recommending that the bill be passed. Echoing the Morrison government’s...
by Wendy Chamberlain | Mar 14, 2021 | Auctions
The week ending 13th March delivered a relatively high volume of properties at auction with a clearance rate of 82%, according to REIV data. Ath same time last year, the clearance rate was 70%. Across Melbourne, 808 auctions were reported. 493 homes were sold...
by Wendy Chamberlain | Mar 7, 2021 | Auctions
The week ending 6th March saw Melbourne’s unrelenting buyer demand continue as the city enjoyed a weekend of stellar autumn weather. The REIV recorded a clearance rate of 84%. This result is based on 360 auctions reported across Melbourne. 243 homes were...
by Wendy Chamberlain | Feb 28, 2021 | Auctions
The week ending 27th February again saw homebuyers out in force, with the REIV recording an 84% clearance. This time last year the clearance rate was 78%. This result is based on 882 auctions reported across Melbourne. 558 homes were sold at auction and 185...
by Wendy Chamberlain | Feb 25, 2021 | Real Estate News
In the RBA’s first monetary policy announcement for 2021, it was predicted that the conditions for a rise in the interest rate wouldn’t “be met until 2024 at the earliest”. This statement gave many potential homebuyers added confidence...
by Wendy Chamberlain | Feb 23, 2021 | Suburb Profile
Buying a property in Brunswick West can be a daunting and difficult process. For many of us, buying property 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 when buying a...
by Wendy Chamberlain | Feb 21, 2021 | Auctions
The week ending 20th February was bolstered by Melbourne’s first Super Saturday of 2021, with the REIV recording an auction clearance rate of 86%. At the same time last year, the clearance rate was 80%. This result is based on 823 auctions reported across...
by Wendy Chamberlain | Feb 17, 2021 | Real Estate News
A Melbourne schoolteacher is facing a first homebuyer’s worst fears after discovering that the apartment she purchased in 2018 contains severe defects. Lauren Bird decided to invest in an apartment in order to get into the property market. Unfortunately,...
by Wendy Chamberlain | Feb 16, 2021 | Real Estate News
Earlier this week, I was listed along with 99 other experts in PropTech Newsletter’s The 100 Most Influential People in Real Estate. It was a wonderful surprise and it’s an honour to be placed in the company of those who made this list. I’ve been in...
by Wendy Chamberlain | Feb 16, 2021 | Real Estate News
Six-figure premiums continue to be paid for homes within Melbourne’s top public school zones. In February 2020, the REIV released the results of an analysis of 2019 residential property sales. The analysis revealed that families can expect to pay up to $425,000...