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New social housing levy for developers scrapped

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...

Price rise for seaside living

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%...
Melbourne Weekend Auction Results

Melbourne Weekend Auction Results

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,...

Melbourne Weekend Auction Results

by Wendy Chamberlain | Feb 19, 2022 | Auctions, Buying a Home, Real Estate News, Selling a Home

There were 926 auction results available this week, ending the 19th February. A total of 550 were sold at auction, 191 were passed in, 185 sold prior to auction. There were 29 properties withdrawn. No properties were sold after auction this week. That’s a...

Bank valuations: what are they for?

by Wendy Chamberlain | Feb 16, 2022 | Buying a Home, Real Estate News, Selling a Home

No question is a silly question.  When selling or buying a property, a million questions can go through your head.  It is important, therefore, to get sound advice from an expert in real estate who can give you unbiased and clear information based on years of...
Melbourne Weekend Auction Results

Melbourne Weekend Auction Results

by Wendy Chamberlain | Feb 13, 2022 | Auctions, Buying a Home, Real Estate News, Selling a Home

The week ending the 12th February, 2022 saw 1082 Melbourne properties scheduled for auction. Of these, 440 properties were sold and 126 were passed in. Five properties sold after auction and four prior to auction. This was a clearance rate of 78% based on 575 auction...
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