For the week ending the 22nd October, a total of 788 houses were scheduled to go under the hammer in Victoria. There were 410 homes sold at auction this week, with 244 homes passed in and 134 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 69%. Image source: Envato Elements If you have already found a property …
Reno or Sell? That is the Question.
Are you tossing up whether to renovate your current home or sell up? Maybe you're comparing the dollar figures to see what is your cheapest option? The reasons for staying where you are and renovating or moving to a home that better suits your requirements will not only have a financial impact one way or the other for you and your family, but an emotional toil as well. We aren't calling …
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Melbourne Weekend Auction Results
For the week ending the 15th October, a total of 485 houses were scheduled to go under the hammer in Victoria. There were 259 homes sold at auction this week, with 146 homes passed in and 80 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 70%. If you have already found a property you are interested in and would …
Have interest rate hikes affected your borrowing power?
Some house prices are easing; however, the interest rate rises are resulting in banks reassessing the borrowing capacity of buyers, particularly first home buyers. It was the dream of many Australians when they thought they would finally get a chance to get into the market after the big banks forecasted the biggest property price plunge in history earlier this year. But, interest rate hikes are …
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Melbourne Weekend Auction Results
For the week ending the 8th October, a total of 512 houses were scheduled to go under the hammer in Victoria. There were 287 homes sold at auction this week, with 158 homes passed in and 66 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 69%. If you have already found a property you are interested in and would …
Tips on how to get the best return when selling your property
Homeowners and investors who want to sell their houses should always consider increasing the value of their property before putting it on the market. This way, they can get the best return for their property. There are various ways to increase the value of a home without having to spend a fortune. It’s a matter of knowing the areas of the house that need some fixing. Doing minor or cosmetic …
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Melbourne Weekend Auction Results
For the week ending the 1st October, a total of 542 houses were scheduled to go under the hammer in Victoria. There were 287 homes sold at auction this week, with 170 homes passed in and 85 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 69%. If you have already found a property you are interested in and would …
Do you know how to choose the right suburb to buy your next home?
Buying a home is one of the most important decisions a person makes in their life. As such, it should not be rushed. Time should be taken to research and plan. This will make sure that you buy the property of your dreams in the right location and within your budget. When choosing a property and suburb, thorough research is strongly recommended. It is also essential that you understand the …
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Melbourne Weekend Auction Results
For the week ending the 24th September, a total of 885 houses were scheduled to go under the hammer in Victoria. There were 619 homes sold at auction this week, with 266 homes passed in and 143 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 70%. If you have already found a property you are interested in and …
Do you know the 3 most common methods of sale?
You have finally found the most perfect property. You have fallen in love with the house, land and lifestyle that you could have – you have even visualised where your furniture will be placed. But now you are faced in a bidding war against equally motivated buyers wanting to purchase YOUR dream property! This is yet another challenging scenario that …
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