For the week ending the 19th November, a total of 667 houses were scheduled to go under the hammer in Victoria. There were 327 homes sold at auction this week, with 235 homes passed in and 105 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 65%. If you have already found a property you are interested in and would …
Tips on getting the best return when selling your property
Homeowners and investors who want to sell their houses should always consider increasing the value of their property before putting it on the market. This way, they can get the best return for their property. Doing minor or cosmetic repairs is an ideal step to take. Check your kitchen and bathrooms for fixtures that may need to be replaced such as cabinet handles, cabinet doors, lighting and …
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Melbourne Weekend Auction Results
For the week ending the 12th November, a total of 656 houses were scheduled to go under the hammer in Victoria. There were 329 homes sold at auction this week, with 207 homes passed in and 119 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 68%. If you have already found a property you are interested in and would …
All you need to know about the changes to the First Home Super Saver Scheme
The First Home Super Saver (FHSS) scheme allows individuals to save money for their first home through their super fund. This is to help first home buyers save faster with the concessional tax treatment of superannuation, and the FHSS tax offset, which reduces the amount of tax payable. For FHSS determinations made from 1 July 2022, the amount of eligible contributions that can count towards …
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Melbourne Weekend Auction Results
For the week ending the 5th November, a total of 500 houses were scheduled to go under the hammer in Victoria. There were 262 homes sold at auction this week, with 150 homes passed in and 87 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 70%. If you have already found a property you are interested in and would …
‘A Place to Call Home’ Budget aims for one million new affordable homes
REIV calls for necessary property sector reforms across four key areas in lead-up to 2022 Victorian State Election. In the lead-up to the 2022 Victorian state election, The Real Estate Institute of Victoria (REIV) is calling on state political leaders and advisers across the property sector to support reforms that will ensure a prosperous future for all participants in Australia’s property …
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Melbourne Weekend Auction Results
For the week ending the 29th October, a total of 371 houses were scheduled to go under the hammer in Victoria. There were 207 homes sold at auction this week, with 108 homes passed in and 55 homes that sold prior to auction. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 71%. If you have already found a property you are interested in and would …
10,000 places available under the Regional First Home Buyer Guarantee
From Saturday 1 October 2022, 10,000 new places were made available under the Australian Government’s Home Guarantee Scheme (HGS). The new Regional First Home Buyer Guarantee (RFHBG) supports eligible first home buyers living in regional areas to purchase a modest home in a regional area with a deposit of as little as five per cent. The Home Guarantee Scheme is an Australian Government …
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Melbourne Weekend Auction Results
For the week ending the 22nd October, a total of 788 houses were scheduled to go under the hammer in Victoria. There were 410 homes sold at auction this week, with 244 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 69%. Image source: Envato Elements If you have already found a property …
Reno or Sell? That is the Question.
Are you tossing up whether to renovate your current home or sell up? Maybe you're comparing the dollar figures to see what is your cheapest option? The reasons for staying where you are and renovating or moving to a home that better suits your requirements will not only have a financial impact one way or the other for you and your family, but an emotional toil as well. We aren't calling …
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