For the week ending the 17th September 2023, a total of 630 properties were scheduled to go under the hammer in Victoria. There were 340 homes sold at auction this week, with 172 homes passed in, and 117 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 …
Home Buying vs Online Dating. Which is Harder?
If you had to choose, which would you rather do - home buying or online dating? Actually, if you compare the pair you'll find both experiences surprisingly similar. They each begin with browsing the internet, searching for 'the one' that catches your eye and sets your heart a-flutter from the get-go. When you finally discover an initial attraction that gets your toes tingling, the next …
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Melbourne Weekend Auction Results
For the week ending the 10th September 2023, a total of 669 properties were scheduled to go under the hammer in Victoria. There were 379 homes sold at auction this week, with 161 homes passed in, and 129 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 76%. If you have already found a property you are …
Why Are Home Buyers and Sellers Now Feeling Less Stressed?
If you've been searching for a home to buy in recent months you may have been frustrated by the lack of stock. Home owners probably don't need to be told that market uncertainty has been established as the leading cause of low sales volumes. Naturally, when the future looks uncertain and our financial security is threatened, we hunker down and play it safe until we can see some positivity …
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Melbourne Weekend Auction Results
For the week ending the 3rd September 2023, a total of 682 properties were scheduled to go under the hammer in Victoria. There were 366 homes sold at auction this week, with 176 homes passed in, and 140 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 …
Home Staging – Why We Love It AND Hate It
Home staging, also known as property styling, is a property marketing concept that has become increasingly popular in recent years. Styling a property for sale makes sense. Just as you might have your car detailed before selling it, your home should also be shown in its best possible light. In fact, home staging is fast becoming a marketing tool as effective and important as photos, videos and …
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Melbourne Weekend Auction Results
For the week ending the 27th August 2023, a total of 715 properties were scheduled to go under the hammer in Victoria. There were 400 homes sold at auction this week, with 181 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 75%. If you have already found a property you are …
Stressed About Your Fixed Rate Changing To Variable Soon? We Can Help!
If your fixed rate mortgage term is coming to an end and the switch to variable rates is looming, you may be feeling quite worried about how your budget will cope. Borrowers with a $750K mortgage are paying on average a hefty $1,900 per month more than they were in May last year. Coupled with rising inflation, many home owners are certainly feeling the pinch right now. Perhaps …
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Melbourne Weekend Auction Results
For the week ending the 20th August 2023, a total of 537 properties were scheduled to go under the hammer in Victoria. There were 316 homes sold at auction this week, with 119 homes passed in, and 101 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 78%. Image source: Envato Elements If you have already found …
Will The First Home Buyers Grant Be Abolished?
In a historic move Victoria's long standing state funded first home owner grant may be abolished as the government's budget overhaul includes a review of current housing affordability schemes. Following advice from Infrastructure Victoria that the first home owner grant has failed to boost housing affordability and has provided more benefits to developers than first home buyers through …
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