by Wendy Chamberlain | Nov 17, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
You can’t argue with numbers, and the numbers are showing that property investors are selling up and tossing their landlord’s hats away, clearly a prospect which is causing anxiety for many tenants. New research by the Property Investment Professionals of...
by Wendy Chamberlain | Nov 13, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
For the week ending the 12th November 2023, a total of 730 properties were scheduled to go under the hammer in Victoria. There were 379 homes sold at auction this week, with 207 homes passed in, and 144 homes that sold prior to auction. According to data from the Real...
by Wendy Chamberlain | Nov 10, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
While Tuesday’s interest rate rise didn’t come as a surprise, it still hurts many mortgage holders who are already struggling. The November rise marks the RBA’s fifth increase this calendar year following hikes in February, March, May and June, with...
by Wendy Chamberlain | Nov 7, 2023 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging
Although annual inflation is dropping, at the November board meeting the RBA has elected to raise the cash rate. It’s a double blow to Melbourne Cup Day punters whose horses didn’t rise to the occasion with the Reserve Bank raising the cash rate by another...
by Wendy Chamberlain | Nov 6, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
For the week ending the 5th November 2023, a total of 271 properties were scheduled to go under the hammer in Victoria. There were 139 homes sold at auction this week, with 88 homes passed in, and 44 homes that sold prior to auction. According to data from...
by Wendy Chamberlain | Nov 3, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
A recent article published on realestate.com revealed an alarming trend. One in four Melbourne landlords have sold an investment property in the last year, leaving Melbourne ranked as the second worst capital city to invest in property. While the trend...
