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While Melbourne and Canberra have been the only capital cities to record annual declines in their home values of -1.2% and -0.7% respectively, it appears that is about to change. RBA rate cuts in February and May have helped to boost borrowing power, with further rate cuts expected. In May, Cotality (formerly CoreLogic) research showed 38% of outer Melbourne suburbs have already recorded value …
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Whether you are approaching retirement age or you are already enjoying a retirement lifestyle, you may start to consider selling your home and moving to accommodation that will work better for you as you age. So what are the options? Downsizing A typical choice Victorians make as they age is to downsize. Selling the family home and moving into something smaller has several benefits. It can …
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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 …
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 …
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 …
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 …
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 …
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 …
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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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 …
