by Wendy Chamberlain | Nov 5, 2024 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging
We hope the Melbourne Cup brought you some joy today, because the Reserve Bank did not. The narrative remains unchanged… at today’s meeting the Reserve Bank of Australia announced its decision to leave the cash rate unchanged at 4.35% yet again. While...
by Wendy Chamberlain | Nov 4, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
For the week ending the 3rd November 2024, a total of 263 properties were scheduled to go under the hammer in Victoria. There were 166 homes sold at auction this week, with 56 homes passed in, 1 sold after auction and 40 homes sold prior to auction. According to data...
by Wendy Chamberlain | Nov 1, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
Victorian property prices haven’t experienced the same level of significant growth that many other states have seen in recent years, in fact there has been a decline both in metropolitan Melbourne and regional Victoria property values since 2021 and and 2022...
by Wendy Chamberlain | Oct 28, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
For the week ending the 27th October 2024, a total of 938 properties were scheduled to go under the hammer in Victoria. There were 498 homes sold at auction this week, with 220 homes passed in and 220 homes sold prior to auction. According to data from the Real Estate...
by Wendy Chamberlain | Oct 25, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
Recent data analysis featured in PropTrack Market Insights indicates the higher land taxes imposed by the Victorian government have impacted the Victorian rental market in several ways. New land tax thresholds were announced by the Victorian government in May 2023 and...
by Wendy Chamberlain | Oct 21, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
For the week ending the 20th October 2024, a total of 665 properties were scheduled to go under the hammer in Victoria. There were 358 homes sold at auction this week, with 150 homes passed in and 157 homes sold prior to auction. According to data from the Real Estate...