by Wendy Chamberlain | Mar 12, 2022 | Auctions, Buying a Home, Real Estate News, Selling a Home
There were 407 auction results reported this week, ending the 12th March. A total of 241 were sold at auction, 87 were passed in and 79 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 79%. Auction activity is...
by Wendy Chamberlain | Mar 9, 2022 | Buying a Home, Real Estate News
If home ownership has always been just out of reach for you, the Victorian Homebuyer fund could be of assistance. The Victorian Government acknowledges that increasing house prices have made it difficult for Victorians to save for a deposit and get into the market. To...
by Wendy Chamberlain | Mar 5, 2022 | Auctions, Buying a Home, Real Estate News, Selling a Home
There were 888 auction results reported this week, ending the 5th March, approximately double the number compared to this time last year. A total of 683 were sold at auction and 205 were passed in. Data from the Real Estate Institute of Victoria report a clearance...
by Wendy Chamberlain | Mar 3, 2022 | Buying a Home, Real Estate News
This week, the Victorian State Government has scrapped their newly proposed social housing levy earmarked for July 2024. The Andrew’s Government planned to introduce the levy on residential developers building three dwellings or more or greater than 3 lot...
by Wendy Chamberlain | Mar 2, 2022 | Buying a Home, Real Estate News, Selling a Home
Data from Domain in 2021, show that some bayside suburbs of Melbourne that were five kilometers or less from the beach, saw a price increase of as much as 30%. Black Rock recorded the highest price hike of 30.6%, followed by Mentone and Frankston South with a 29%...
by Wendy Chamberlain | Feb 26, 2022 | Auctions, Buying a Home, Real Estate News, Selling a Home
There were 1021 auction results reported this week, ending the 26th February. A total of 596 were sold at auction, 247 were passed in and 177 sold prior to auction. Data from the Real Estate Institute of Victoria report a clearance rate of 76%. According to Domain,...
