by Wendy Chamberlain | Jul 1, 2019 | Auctions
Melbourne’s auction clearance rate improved further to 73 percent on Saturday despite the cold weather conditions. This rate above 70 percent was achieved for the first time since September 2017 and the strongest clearance rate since March 2018. Real estate...
by Wendy Chamberlain | Jun 28, 2019 | Suburb Profile
Buying a property in Sunshine West 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...
by Wendy Chamberlain | Jun 17, 2019 | Auctions
Melbourne’s auction clearance rate improved to 65 percent on Saturday from the previous weekend’s 60 percent. After a slow Queen’s birthday long weekend, more listings were noted. CoreLogic’s auction analyst Kevin Brogan cited the interest rate...
by Wendy Chamberlain | Jun 9, 2019 | Auctions
Melbourne’s auction market recorded a clearance rate of 60 percent over the weekend. Many first homebuyers felt being left out as more investors and international buyers took part in the auctions. The number of scheduled auctions was still low at 173 while the...
by Wendy Chamberlain | Jun 5, 2019 | Buying a Home
As many first home buyers struggle trying to get into the housing market, a new government scheme has been announced in the hopes of helping them take the first step on the property ladder. The First Home Loan Deposit Scheme will lower the required home deposit from...
by Wendy Chamberlain | Jun 4, 2019 | Buying a Home
The Reserve Bank has cut its official interest rate from 1.5% to a historic low of 1.25%. This was a widely expected result and is the first change in the RBA’s policy setting since August 2016. The RBA governor Philip Lowe suggested an upcoming rate cut in last...
by Wendy Chamberlain | May 30, 2019 | Buying a Home
It really does feel like the real estate market has given a collective sigh of relief, with the coalition retaining power. Irrespective of your political views, the uncertainly surrounding the impact of Labor’s policies on negative gearing and capital gains tax...
by Wendy Chamberlain | May 28, 2019 | Buying a Home
With many confident the RBA will be cutting interest rates at the upcoming June meeting, Australia’s banking regulator APRA (Australian Prudential Regulation Authority) has announced a proposal to scrap a rule requiring mortgage customers’ lending capacity...
by Wendy Chamberlain | May 21, 2019 | Auctions
Melbourne’s auction market recorded an improved clearance rate of 63 percent on Saturday, up from the previous weekend’s 57 percent. Multimillion-dollar sales were noted in several capital cities over the weekend including Melbourne, Sydney and Brisbane....
by Wendy Chamberlain | May 17, 2019 | Suburb Profile
Buying a property in Kensington 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...