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Melbourne Weekend Auction Results | 27th March 2021

Melbourne Weekend Auction Results | 27th March 2021

by Wendy Chamberlain | Mar 28, 2021 | Auctions

  The week ending 27th March saw a massive 1438 auctions reported across Victoria (based on REIV data) as the market ramped up for the weekend final before Easter. The clearance rate for the week was 85%. At the same time last year, it was 90%. 956 homes were...

Melbourne Weekend Auction Results | 20th March 2021

by Wendy Chamberlain | Mar 22, 2021 | Auctions

  The week ending 20th March delivered strong results in the auction market, with volume and the clearance rate both performing well. According to REIV data, the clearance rate for the week was 83%. At the same time last year it was 67%. 943 auctions were...

A vote on the federal government’s bill to change responsible lending laws could arrive as soon as this week

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...

Melbourne Weekend Auction Results | 13th March 2021

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...

Melbourne Weekend Auction Results | 6th March 2021

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...
Melbourne Weekend Auction Results | 27th February 2021

Melbourne Weekend Auction Results | 27th February 2021

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...

Australia’s strengthening dollar could affect fixed-rate mortgage repayments sooner than expected

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...

Buyer’s Agent Brunswick West – Suburb Profile (updated February 2021)

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...
Melbourne Weekend Auction Results | 20th February 2021

Melbourne Weekend Auction Results | 20th February 2021

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...

First home buyers need to know the risks when buying a property

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,...
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