The RBA has left interest rates on hold at 4.1% but hasn't ruled out the possibility of more hikes to come. In a temporary reprieve from a long string of interest rate rises, Reserve Bank Governor Philip Lowe says today's decision gives the Board time to further assess the state of the economy. ABC news reports, "the board remains resolute in its determination to return inflation to …
Melbourne Weekend Auction Results
For the week ending the 1 July 2023, a total of 383 properties were scheduled to go under the hammer in Victoria. There were 207 homes sold at auction this week, with 105 homes passed in, and 71 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 73%. If you have already found a property you are interested in and …
Get Started In Property
As the saying goes, timing is everything. Over the years, people have approached me about creating a program that was accessible to anyone looking to buy a property. Not restricted by location or where you may be in the world. Well I'm proud to announce, the wait is over. 15 years in the making and bundling up my close to three decades of knowledge in the real estate …
Buying or selling during winter – are you doing the right thing?
The prospect of selling or buying a house during the cold and wet winter months doesn't tend to have us leaping off the couch with anticipation. But in actual fact winter can be a great time for vendors and buyers to be successful in the property market. If you're selling during winter you're more likely to have serious buyers at your open inspections and less of the local sticky-beakers. Also, …
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Melbourne Weekend Auction Results
For the week ending the 24 June 2023, a total of 659 houses were scheduled to go under the hammer in Victoria. There were 362 homes sold at auction this week, with 164 homes passed in and 131 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 75%. If you have already found a property you are interested in and would …
Giving your property a face lift before resale? Heres why it counts.
Whether your home needs a face lift or you are considering a refresh to sell it, there are little upgrades you can make that don't cost an arm and a leg. Don't underestimate the power of small fix-ups like a fresh coat of paint, upgrading door handles, tapware, lighting fixtures or even simply moving your furniture around for better feng shui. Doing minor cosmetic repairs is an ideal step to …
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Melbourne Weekend Auction Results
For the week ending the 17 June 2023, a total of 746 houses were scheduled to go under the hammer in Victoria. There were 428 homes sold at auction this week, with 166 homes passed in and 152 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 78%. If you have already found a property you are interested in and would …
Underquoting – read on as I peel back the curtain…
It's a hot topic - underquoting. Many of you will relate. You've attended an auction hoping to buy your dream home, only to have your dreams dashed because a property sold well above the advertised price. You may know that feeling of disappointment well. Not to mention costing you money to get contracts checked and inspections done. Week after week, auction after auction, this can …
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Melbourne Weekend Auction Results
For the week ending the 10 June 2023, a total of 236 houses were scheduled to go under the hammer in Victoria. There were 154 homes sold at auction this week, with 42 homes passed in and 39 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 82%. If you have already found a property you are interested in and would like …
Inspection must-dos!
Open for inspections are a great opportunity for homebuyers to check the condition of the property they are looking to buy. In order to make a sound buying decision, buyers and investors should either visit the home themselves, or appoint a trusted professional (such as a buyers advocate) to do so on their behalf. When onsite, take notes to keep track of the home, what impresses you …
