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Melbourne Weekend Auction Results

Melbourne Weekend Auction Results

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...
How Have Land Tax Increases Impacted Investors?

How Have Land Tax Increases Impacted Investors?

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...
Melbourne Weekend Auction Results

Melbourne Weekend Auction Results

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...
Update On Victoria’s Housing Crisis

Update On Victoria’s Housing Crisis

by Wendy Chamberlain | Oct 18, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

The housing shortage, lack of affordable homes to buy and shortage of long term rental properties are hot topics Australia wide. Queensland’s housing and homeless crisis is spiraling, and escalating house prices combined with record low vacancy rates in South...
Melbourne Weekend Auction Results

Melbourne Weekend Auction Results

by Wendy Chamberlain | Oct 14, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

For the week ending the 13th October 2024, a total of 638 properties were scheduled to go under the hammer in Victoria. There were 348 homes sold at auction this week, with 166 homes passed in and 124 homes sold prior to auction. According to data from the Real Estate...
Wages vs Interest Rates And House Prices: The Widening Gap

Wages vs Interest Rates And House Prices: The Widening Gap

by Wendy Chamberlain | Oct 11, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

While house prices in Victoria haven’t risen at the same rate as some Australian states, recent data from Canstar highlights the difficulty couples and single income buyers still face when trying to secure a big enough home loan to purchase a...
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