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EOFY Wrap Up

by Wendy Chamberlain | Jul 5, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

As the 2023/2024 financial year closed, we saw plenty of movement in the real estate market throughout the previous 12 months. Across the nation home prices rose by 5.9% during the 2023/2024 FY according to a report by realestate.com.au, due to high demand and...
Melbourne Weekend Auction Results

Melbourne Weekend Auction Results

by Wendy Chamberlain | Jul 1, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

For the week ending the 30th June 2024, a total of 492 properties were scheduled to go under the hammer in Victoria. There were 260 homes sold at auction this week, with 114 homes passed in and 118 homes sold prior to auction . According to data from the Real Estate...
First Home Buying: Where to Look And What To Buy

First Home Buying: Where to Look And What To Buy

by Wendy Chamberlain | Jun 28, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

Many believe that interest rates and house prices have made buying a first home unachievable in most Australian cities – without help from the Bank of Mum and Dad at least. But if you know where to look and what to buy – and you’re prepared to...
Melbourne Weekend Auction Results

Melbourne Weekend Auction Results

by Wendy Chamberlain | Jun 24, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

For the week ending the 23th June 2024, a total of 603 properties were scheduled to go under the hammer in Victoria. There were 329 homes sold at auction this week, with 135 homes passed in and 139 homes sold prior to auction . According to data from the Real Estate...
Surging Mortgage Hardship Claims

Surging Mortgage Hardship Claims

by Wendy Chamberlain | Jun 21, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home

With talk of a recession looming, it isn’t surprising that the early warning signs of financial stress are being seen in surging mortgage hardship claims and quick home resales, as reported recently by the ABC. Data from CoreLogic shows a recent increase in...
RBA Leaves Cash Rate On Hold

RBA Leaves Cash Rate On Hold

by Wendy Chamberlain | Jun 18, 2024 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging

Interest rates didn’t decrease today as many mortgage holders hoped, but neither did they rise. Around the world central banks are beginning to cut their interest rates, but the Reserve Bank of Australia (RBA) left the cash rate on hold at 4.35 per cent. The...
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