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RBA Leaves Interest Rates On Hold

RBA Leaves Interest Rates On Hold

by Wendy Chamberlain | Aug 1, 2023 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging

Mortgage holders breathed a sigh of relief today as the RBA announced its decision to leave interest rates on hold for what is only the second consecutive month since May 2022. Providing welcome respite from the past year’s relentless interest rate rises, the...
Melbourne Weekend Auction Results

Melbourne Weekend Auction Results

by Wendy Chamberlain | Jul 31, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home

For the week ending the 30 July 2023, a total of 554 properties were scheduled to go under the hammer in Victoria. There were 305 homes sold at auction this week, with 137 homes passed in, and 112 homes that sold prior to auction. According to data from the Real...

NAB’s Bold Price Rise Predictions

by Wendy Chamberlain | Jul 28, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home

The NAB Residential Property Index rose sharply in Q2 2023, with NAB economists predicting property price rises of 4.7% this year and 5% to the end of 2024. Based on an expectation that the RBA will lift rates to 4.6% by September and then leave rates on hold until...
Melbourne Weekend Auction Results

Melbourne Weekend Auction Results

by Wendy Chamberlain | Jul 24, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home

For the week ending the 23 July 2023, a total of 449 properties were scheduled to go under the hammer in Victoria. There were 249 homes sold at auction this week, with 117 homes passed in, and 83 homes that sold prior to auction. According to data from the Real...

Temperatures Are Down But Melbourne Property Prices Are Hot!

by Wendy Chamberlain | Jul 21, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home

June was a hot quarter for many Melbourne suburbs, according to the Real Estate Institute of Victoria’s high performer’s list. While there was plenty of news around the significant surge in unit prices, there was also good growth shown in median house...
Melbourne Weekend Auction Results

Melbourne Weekend Auction Results

by Wendy Chamberlain | Jul 17, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home

For the week ending the 16 July 2023, a total of 398 properties were scheduled to go under the hammer in Victoria. There were 227 homes sold at auction this week, with 86 homes passed in, and 85 homes that sold prior to auction. According to data from the Real...
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