by Wendy Chamberlain | May 17, 2021 | Auctions
For the week ending 15th May there were 978 auctions reported across Victoria, according to REIV data. The auction clearance rate for this period was 82%. Volume was slightly down from the 1281 auctions reported in the previous week. 635 homes were sold at...
by Wendy Chamberlain | May 10, 2021 | Real Estate News
As part of its 2021-22 Federal budget, the Federal government has announced a new scheme aimed at supporting eligible single parents to purchase a home. As explained on the Housing Australia website, the Family Home Guarantee “provides eligible single parents...
by Wendy Chamberlain | May 10, 2021 | Auctions
During the week ending 8th May there were 1019 auctions reported across Victoria, according to REIV data – a slight decrease from the 1204 reported during the previous week. The auction clearance rate for last week reached 81%. 632 homes were sold at...
by Wendy Chamberlain | May 3, 2021 | Real Estate News
On the 17th April 2021, the Federal government extended the deadline by which construction must commence under the Australian HomeBuilder Grant program. Initially, construction needed to have begun within 6 months of contracts being signed. That deadline is now...
by Wendy Chamberlain | May 2, 2021 | Auctions
The week ending 1st May saw an increase in the volume of auctions listed compared with the previous week. According to REIV data, 970 auctions were reported across Victoria and a clearance rate of 81% was achieved. 609 homes were sold at auction while 179 sold...
by Wendy Chamberlain | Apr 25, 2021 | Auctions
The final weekend in April was another busy one for Victoria’s real estate market, with 704 auctions reported and a clearance rate of 80% according to REIV data. Volume was more than 30% lower than the week before, which saw 1104 auctions across Victoria....
by Wendy Chamberlain | Apr 22, 2021 | Buying a Home
. In the context of Australia’s booming 2021 property market, it wasn’t surprising to read this article by Yara Murray-Atfield on ABC News this morning, which explains how a Melbourne couple turned to social media out of frustration with the competition...
by Wendy Chamberlain | Apr 19, 2021 | Buying a Home
. In 1961 – a full six decades ago now – strata title was introduced to Australia, beginning in New South Wales. Today, strata title is by far the most common type of property title covering apartment blocks and unit properties. This may lead some buyers...
by Wendy Chamberlain | Apr 18, 2021 | Auctions
The week ending 17th April delivered strong results in Victoria’s auction market, with a clearance rate of 86% according to REIV data. 907 auctions were reported during the period. At the same time last year, a mere 149 auctions were reported while the...
by Wendy Chamberlain | Apr 11, 2021 | Auctions
The week ending 11th April saw the number of auctions reported across Victoria rise to 778 (according to REIV data), a quick rebound from the 173 listed in the week leading up to Easter. The clearance rate for the week was 80%. 481 homes were sold at auction...
