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What Does The Latest Rate Rise Mean For The Property Market?

What Does The Latest Rate Rise Mean For The Property Market?

by Wendy Chamberlain | Nov 10, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home

While Tuesday’s interest rate rise didn’t come as a surprise, it still hurts many mortgage holders who are already struggling. The November rise marks the RBA’s fifth increase this calendar year following hikes in February, March, May and June, with...
A Melbourne Cup Day Interest Rate Rise

A Melbourne Cup Day Interest Rate Rise

by Wendy Chamberlain | Nov 7, 2023 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging

Although annual inflation is dropping, at the November board meeting the RBA has elected to raise the cash rate. It’s a double blow to Melbourne Cup Day punters whose horses didn’t rise to the occasion with the Reserve Bank raising the cash rate by another...
Melbourne Weekend Auction Results

Melbourne Weekend Auction Results

by Wendy Chamberlain | Nov 6, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home

For the week ending the 5th November 2023, a total of 271 properties were scheduled to go under the hammer in Victoria. There were 139 homes sold at auction this week, with 88 homes passed in, and 44 homes that sold prior to auction. According to data from...
Is Property Investing Still A Good Idea? Melbourne Landlords Don’t Think So.

Is Property Investing Still A Good Idea? Melbourne Landlords Don’t Think So.

by Wendy Chamberlain | Nov 3, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home

A recent article published on realestate.com revealed an alarming trend. One in four Melbourne landlords have sold an investment property in the last year, leaving Melbourne ranked as the second worst capital city to invest in property.  While the trend...
Melbourne Weekend Auction Results

Melbourne Weekend Auction Results

by Wendy Chamberlain | Oct 30, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home

For the week ending the 29th October 2023, a total of 1101 properties were scheduled to go under the hammer in Victoria. There were 559 homes sold at auction this week, with 307 homes passed in, and 235 homes that sold prior to auction. According to data from...
The Great Escape – Would You Do It?

The Great Escape – Would You Do It?

by Wendy Chamberlain | Oct 27, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home

Where would you choose to live if work commitments didn’t influence your decision? One of the positives to come out of covid-19 has been increased flexibility in the workplace allowing permanent hybrid or work from home arrangements, with a significant flow-on effect...
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