For the week ending the 25th May 2025, a total of 729 properties were scheduled to go under the hammer in Victoria. There were 440 homes sold at auction that week, with 161 homes sold prior to auction, 1 sold after auction and 127 homes passed in. According to data from reiv.com.au, there was a clearance rate of 83%. If you have already found a property you are interested in and would …
Four Ways To Invest In Property
People often think property investing is about building a portfolio of residential rental properties, but that is just one of several ways to generate wealth through property investment. House Flipping Although building material costs have escalated in recent years, renovating and selling properties can still be a lucrative way to make money. You just need handyperson skills or good …
RBA Cuts The Cash Rate
At today's monetary policy meeting the Reserve Bank dropped the official cash rate to 3.85 per cent. In a widely anticipated move, the RBA's decision to cut the cash rate by 0.25 per cent brings it to a level last seen in May 2023. In today's press conference Reserve Bank Governor Michele Bullock said inflation is back under control, but US tariffs introduce a new set of challenges to the …
Melbourne Weekend Auction Results
For the week ending the 18th May 2025, a total of 528 properties were scheduled to go under the hammer in Victoria. There were 318 homes sold at auction that week, with 128 homes sold prior to auction and 82 homes passed in. According to data from reiv.com.au, there was a clearance rate of 84%. If you have already found a property you are interested in and would like a professional to …
Why Winter Is A Good Time To Sell
Get ready to break out the beanie, gloves and scarf… there are just two weeks left before it is officially WINTER! If you've been contemplating selling your home but think you should wait until spring, here are six good reasons why selling your home in winter is actually a good idea: So don't dismiss the idea of selling in winter - unless you live by the beach or have a swimming pool it …
Melbourne Weekend Auction Results
For the week ending the 11th May 2025, a total of 477 properties were scheduled to go under the hammer in Victoria. There were 304 homes sold at auction that week, with 99 homes sold prior to auction and 74 homes passed in. According to data from reiv.com.au, there was a clearance rate of 84%. If you have already found a property you are interested in and would like a professional to help …
Melbourne Property Values On The Rise
On the back of 0.25% property value price growth in April, industry experts are predicting a strong comeback to the Melbourne property market this year. After lagging behind most other states for the past couple of years, Melbourne property reached a median value of $781,000 in April, recording the second highest monthly price growth in the nation behind Adelaide. According to …
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Melbourne Weekend Auction Results
For the week ending the 4th May 2025, a total of 418 properties were scheduled to go under the hammer in Victoria. There were 253 homes sold at auction that week, with 100 homes sold prior to auction and 65 homes passed in. According to data from reiv.com.au, there was a clearance rate of 84%. If you have already found a property you are interested in and would like a professional to help …
How Will The Election Result Affect The The Housing Industry?
Tomorrow's federal election is likely to bring about a new approach from a Coalition government or the continued rollout of the current Labor government's housing policies in the following key areas: Housing Supply Labor remain committed to their National Housing Accord target of building 1.2 million homes by 2029 as well as the continuation of their Housing Australia Future Fund …
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Melbourne Weekend Auction Results
For the week ending the 27th April 2025, a total of 170 properties were scheduled to go under the hammer in Victoria. There were 106 homes sold at auction that week, with 34 homes sold prior to auction and 30 homes passed in. According to data from reiv.com.au, there was a clearance rate of 82%. If you have already found a property you are interested in and would like a professional to …
