Often, the rule of home buying is sell first, then buy. It appears this has never been truer. With the property market going from strength to strength and the demand for houses, especially in Melbourne, being at an all time high, it seems right now is the time to sell. Particularly if you are considering downsizing, there's a good chance you'll be left with cash to splurge. …
We love our happy clients
We love it when we help our clients realise their hopes of purchasing a home they have fallen in love with. Daniele is one of those lovely clients we were able to assist with her dream of becoming a home owner. This is what she had to say, "Wendy has been a rock throughout the buying process. With good, objective advice, she has guided me through the whole procedure, taking the stress …
Buyer’s Agent Eltham North – Suburb Profile (updated October 2021)
Buying a property in Eltham North 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 home or investment property by: removing the stress and frustration of buying a homesaving you time and allowing you to get your …
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Melbourne Weekend Auction Results | 10th October 2021
The week ending 10th October delivered a clearance rate of 86% from the 875 auctions reported for the period (based on REIV data). At the same time last year, there were just 41 auctions reported. 526 homes sold at auction last week and another 222 sold prior to auction, with 125 passed in. 26 properties were withdrawn from sale and 94 auctions were postponed. It is great to see that the …
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APRA tightens home loan rules
Australian Prudential Regulation Authority (APRA) announced on 6 October that it is introducing tighter mortgage serviceability tests, making it more difficult for some borrowers to get a home loan. The minimum interest rate buffer on home loan applications has been increased from 2.5 to 3 percentage points. Therefore, from November, new borrowers will be tested by banks to determine their …
Looming crackdown on the surge in house prices
As house prices continue to increase, there are whisperings of home loan crackdowns looming within the next 12 months. There have been discussions held between the Federal Treasurer, Josh Frydenberg and the banking regulator APRA (Australian Prudential Regulation Authority) to determine how to take control of the situation before it gets out of hand. APRA is an independent statutory …
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Whether renovating for resale or a mini facelift, small fix ups count!
Whether your home needs a facelift or you are considering a refresh to sell it, there are little upgrades you can make that don’t cost a lot. Don’t underestimate the power of small fix ups like a fresh coat of paint, upgraded door handles, tapware, lighting fixtures or new cabinet handles. If your kitchen or bathroom surfaces are laminate, replacing them with a good quality …
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Buyer’s Agent Malvern East – Suburb Profile (updated October 2021)
Buying a property in Malvern East 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 home or investment property by: removing the stress and frustration of buying a homesaving you time and allowing you to get your …
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Building and pest inspections should always be completed before purchasing property. Here’s why.
The importance of getting a property inspected for building defects and/or pests was profoundly illustrated last week when we received an inspection report for a property we were considering on behalf of a client. The Property and Timber Pest Report we obtained for this house revealed a number of defects - as well as the possibility of further substantial damage due to the presence of pests. …
Melbourne Weekend Auction Results | 3rd October 2021
The week ending 3rd August delivered a clearance rate of 92% from the 560 auctions reported for the period (based on REIV data). At the same time last year, there were just 34 auctions reported. 392 homes sold at auction last week and another 120 sold prior to auction, with 46 passed in. 27 properties were withdrawn from sale and 104 auctions were postponed. If you're considering …
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