For the week ending the 15th April 2023, a total of 455 houses were scheduled to go under the hammer in Victoria. There were 271 homes sold at auction this week, with 86 homes passed in and 98 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 81%. If you have already found a property you are interested in and would …
Set goals to increase your property investing success!
How successful do you feel you are with your house hunting and property investing? Do you regularly set goals to aid you on your property investing journey? Let me ask you this - would you jump in your car and drive around aimlessly without first deciding where you needed to go? I'm guessing not. So why would you do exactly this with your investing, by not setting firm goals and …
Continue Reading about Set goals to increase your property investing success! →
Melbourne Weekend Auction Results
For the week ending the 8th April 2023, a total of 45 houses were scheduled to go under the hammer in Victoria. There were 20 homes sold at auction this week, with 16 homes passed in and 7 homes that sold prior to auction, according to data from the Real Estate Institute of Victoria. If you have already found a property you are interested in and would like a professional to help in securing …
The market has turned, did you notice?
I have been studying the market with interest these past few weeks. Despite what you may still be hearing out there in the media, the market has turned. Prices have plateaued out and are on the way back up. We've recently attended auctions for clients in Box Hill and Blackburn and I can tell you first hand the market there is piping hot! Of course, not all suburbs do the same thing, as we …
Continue Reading about The market has turned, did you notice? →
Melbourne Weekend Auction Results
For the week ending the 1st April 2023, a total of 814 houses were scheduled to go under the hammer in Victoria. There were 481 homes sold at auction this week, with 187 homes passed in and 146 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 77%. If you have already found a property you are interested in and …
6 Things our Clients thank us for!
We often get asked: what's the difference between a buyer's advocate and a real estate agent? The key difference between a buyer's advocate and a real estate agent is who they represent. A real estate agent is acting on behalf of the seller, also known as the vendor. A buyer's advocate is acting purely on behalf of the buyer, working exclusively for them to achieve the very best outcome …
Melbourne Weekend Auction Results
For the week ending the 25th March 2023, a total of 967 houses were scheduled to go under the hammer in Victoria. There were 542 homes sold at auction this week, with 219 homes passed in and 203 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 77%. If you have already found a property you are interested in and …
Include an ‘offer expiration’ clause in your offer
Also known as a sunset clause, it is wise to include an "offer expiration" clause in any offer that you make to purchase property. Such a clause states a date and time when your offer will expire and will encourage a Vendor to make a decision or risk losing a sale. It will also encourage an agent to act quickly to ensure your offer is presented to the Vendor promptly. Ideally, a sunset …
Continue Reading about Include an ‘offer expiration’ clause in your offer →
Melbourne Weekend Auction Results
For the week ending the 18th March 2023, a total of 908 houses were scheduled to go under the hammer in Victoria. There were 481 homes sold at auction this week, with 239 homes passed in and 186 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 74%. If you have already found a property you are interested in and …
Looking to invest with a tenant in mind?
Here is a golden rule for your investing. Rather than buy first then wonder, how do I get a tenant, why not buy with the tenant in mind? For the suburb that you are looking to buy in, go into the real estate agency, walk past the sales guy/gal, sit down with the rental manager and ask them: Then go and buy that sort of property. You have an entire market that is already there, …
Continue Reading about Looking to invest with a tenant in mind? →
