New data shows that an average of 6.1% of homes nationally are re-listed within two years of purchase. Why? Whilst Victoria's rates are the second lowest, coming in at 4.3%, the top reason for homeowners re-listing their property within two years is relocation, closely followed by financial stress, such as being unable to keep up with mortgage repayments and selling to avoid defaulting on their …
Melbourne Weekend Auction Results
For the week ending the 29th April 2023, a total of 610 houses were scheduled to go under the hammer in Victoria. There were 385 homes sold at auction this week, with 134 homes passed in and 90 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 78%. If you have already found a property you are interested in and would …
Pockets of opportunity still exist if you know where to look!
We are in such an interesting market right now. It is one of flux where buyers and sellers are navigating many mixed messages. So how do you sift through what is the right information that suits your circumstances and what your next move needs to be? You do your own research and due diligence or you tap into the knowledge, expertise and experience of industry professionals …
Continue Reading about Pockets of opportunity still exist if you know where to look! →
Melbourne Weekend Auction Results
For the week ending the 22nd April 2023, a total of 445 houses were scheduled to go under the hammer in Victoria. There were 292 homes sold at auction this week, with 83 homes passed in and 70 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 81%. If you have already found a property you are interested in and would …
Learn to spot the next boom town!
Ever wondered how some property investors are always in the right spot at the right time, just before a suburb booms? What do they know that you don't? The secret is to follow the 'big boys'. Where are the big companies spending money? Where is the government channeling funds and allocating budgets to build better roads, community facilities like schools and create transportation …
Melbourne Weekend Auction Results
For the week ending the 15th April 2023, a total of 455 houses were scheduled to go under the hammer in Victoria. There were 271 homes sold at auction this week, with 86 homes passed in and 98 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 81%. If you have already found a property you are interested in and would …
Set goals to increase your property investing success!
How successful do you feel you are with your house hunting and property investing? Do you regularly set goals to aid you on your property investing journey? Let me ask you this - would you jump in your car and drive around aimlessly without first deciding where you needed to go? I'm guessing not. So why would you do exactly this with your investing, by not setting firm goals and …
Continue Reading about Set goals to increase your property investing success! →
Melbourne Weekend Auction Results
For the week ending the 8th April 2023, a total of 45 houses were scheduled to go under the hammer in Victoria. There were 20 homes sold at auction this week, with 16 homes passed in and 7 homes that sold prior to auction, according to data from the Real Estate Institute of Victoria. If you have already found a property you are interested in and would like a professional to help in securing …
The market has turned, did you notice?
I have been studying the market with interest these past few weeks. Despite what you may still be hearing out there in the media, the market has turned. Prices have plateaued out and are on the way back up. We've recently attended auctions for clients in Box Hill and Blackburn and I can tell you first hand the market there is piping hot! Of course, not all suburbs do the same thing, as we …
Continue Reading about The market has turned, did you notice? →
Melbourne Weekend Auction Results
For the week ending the 1st April 2023, a total of 814 houses were scheduled to go under the hammer in Victoria. There were 481 homes sold at auction this week, with 187 homes passed in and 146 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 77%. If you have already found a property you are interested in and …
