by Wendy Chamberlain | Nov 11, 2019 | Suburb Profile
More people are choosing Melbourne as their place of residence. This is expected to continue in the next two decades with some suburbs experiencing a population explosion. According to state government forecast, the increase could be twentyfold. In the western part of...
by Wendy Chamberlain | Nov 5, 2019 | Buying a Home
The Reserve Bank today decided to hold interest rates at the historic low of 0.75%. The decision to hold interest rates after the October cut was largely expected given a minimal improvement in unemployment and a minor uptick in inflation. RBA governor Philip Lowe...
by Wendy Chamberlain | Nov 4, 2019 | Auctions, Buying a Home
By now I’m sure you’ve started to hear the media reporting that house prices are on the rise. For the past quarter, Melbourne house prices jumped 4.1 per cent, with houses regaining almost half of the price falls that occurred during the recent downturn....
by Wendy Chamberlain | Oct 1, 2019 | Buying a Home
The Reserve Bank has dropped its official cash rate below 1% for the first time as it battles rising unemployment and stimulate a slowing economy. This is the RBA’s third cut since June and comes after data showed the unemployment rate has increased to 5.3%,...
by Wendy Chamberlain | Sep 30, 2019 | Auctions
Melbourne once again showed a strong auction result on Saturday recording 78 percent. The number of listings, however, was low due to the Grand Final public holiday that saw the Tigers competing against the Giants. The total scheduled auctions over the weekend was 49...
by Wendy Chamberlain | Sep 18, 2019 | Suburb Profile
Buying a property in Pascoe Vale can be a daunting and difficult process. For many of us, it 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 to make it easy to buy a home or...
by Wendy Chamberlain | Sep 17, 2019 | Auctions
Melbourne recorded a strong clearance rate of 76 percent on Saturday, up from the previous week’s 74 percent. The auction market continues to do well despite the low volume of listings. The total scheduled auctions during the weekend was 760, still up from last...
by Wendy Chamberlain | Sep 11, 2019 | Suburb Profile
Buying a property in Glen Huntly can be a daunting and difficult process. For many of us, it 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 to make it easy to buy a home or...
by Wendy Chamberlain | Sep 10, 2019 | Auctions, Buying a Home
Several suburbs in Melbourne will have six new train stations a few years from now. Part of a major project called the Suburban Rail Loop, this public transportation is aimed at providing Victorians easy access to their place of work, schools and other amenities. It...
by Wendy Chamberlain | Sep 8, 2019 | Auctions
Melbourne recorded a 74 percent clearance rate during Saturday’s auctions. It slipped from the previous 81 percent two weekends ago, considered the highest since April 2017. More listings were noted with the total scheduled auctions at 704 and confirmed results...
