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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 weekend's 704 while the confirmed results was 616. The number of properties sold was 511 490 with 126 being passed in. Total sales …
Continue Reading about Melbourne Auction Results | 14th September 2019 →
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 investment property by: removing the stress and frustration of buying a home saving you time and allowing you to get your …
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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 is worth $50 billion as confirmed by the Andrews government. Premier Daniel Andrews announced last week that the 90-kilometer …
Continue Reading about Melbourne Suburbs To Benefit From The Suburban Rail Loop →
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 at 531. The number of properties sold also went up to 511 with 120 being passed in. Total sales amounted to more than $338,184,000 …
Continue Reading about Melbourne Auction Results | 7th September 2019 →
The RBA has kept the official interest rate on hold at its historic low of 1.0%. This comes after the RBA cut interest rates in June and July this year. Before that, the cash rate had sat at 1.5% for the better almost 3 years. RBA governor Philip Lowe said “Economic growth in Australia over the first half of this year has been lower than earlier expected, with household consumption weighed …
Buying a property in Coburg 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 investment property by: removing the stress and frustration of buying a home saving you time and allowing you to get your weekends …
Continue Reading about Buyer’s Agent Coburg – Suburb Profile →
Melbourne recorded strong auction results on Saturday with a clearance rate of 81 percent, up from last weekend's 70.2 percent. This rate was much higher compared to the same period last year with only 52 percent and the highest since April 2017. The total scheduled auctions was 596 while the confirmed results were 456. The number of properties sold was 380 with 76 being passed in. Total sales …
Continue Reading about Melbourne Auction Results | 24th August 2019 →
Melbourne achieved an auction clearance rate of 70 percent on Saturday, still considered a strong result. A strong buyer confidence was noted as the spring selling season starts amid the cold weather. It was the fourth consecutive week that Melbourne recorded a clearance rate of 70 percent or above. More house listings were recorded over the weekend. There were a total of 474 scheduled …
Continue Reading about Melbourne Auction Results | 10th August 2019 →
As predicted the Reserve Bank of Australia has maintained it's record low interest rate of 1%, with no change at this month's board meeting. The pause in cutting will allow time for RBA governor Philip Lowe time to see how the previous cuts will impact the economy. "It is reasonable to expect that an extended period of low interest rates will be required in Australia to make progress in …
Continue Reading about RBA looks to government for other ways to stimulate the economy →
Real Estate. It's a funny business. You have at your disposal experts you can call on to help you on the journey and save you money. We're talking big money, not small change you can find down the back of your couch. Yet it is probably still one of the few industries where people feel they can have a crack at it themselves (or call on Uncle Bob) and do a better job. If your toilet backs up, are …
