We love it when we help our clients realise their hopes of purchasing a home they have fall in love with. When we met Mirella and Craig, they had been on the hunt for a home for four years. Yes, four long years!! They had become disheartened that they would never find their dream family home, not to mention they were fed up with Real Estate Agents and completely exhausted from spending …
Melbourne Weekend Auction Results | 22nd August 2021
The week ending 22nd August delivered a clearance rate of 98% from the 281 auctions reported for the period (based on REIV data). At the same time last year, a mere 95 auctions were reported while Victoria battled through its second wave of the pandemic. 138 homes sold at auctions and 136 sold before auction, with 7 passed in. 220 properties were withdrawn from sale and 527 auctions were …
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Melbourne Weekend Auction Results | 15th August 2021
The week ending 15th August delivered a clearance rate of 95% from the 374 auctions reported for the period (based on REIV data). At the same time last year, 107 auctions were reported and an 89% clearance rate achieved. 213 homes sold at auction and 142 sold before auction, with 19 passed in. 205 properties were withdrawn from sale and another 478 auctions were postponed. As we outlined …
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Live auctions and property inspections return as Victoria eases restrictions
This morning Premier Daniel Andrews announced that restrictions will ease across Victoria at 11:59PM tonight. This is incredibly welcome news for Melbourne's real estate sector, which has been unable to conduct live auctions or property inspections for two weekends in a row. The latest table of restrictions for the State includes the following rules for real estate services: auctions are …
Melbourne Weekend Auction Results | 3rd July 2021
The week ending 3rd July delivered a clearance rate of 80% from 719 auctions, according to REIV data. At the same time last year, there were 362 auctions reported and a clearance rate of 70%. 437 homes sold at auction and 140 sold before auction, with 141 passed in. 18 properties were withdrawn from sale. Competition remains strong for real estate across Australia. As Rachel Wells …
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What is a Buyer’s Advocate? Your Questions Answered.
Have you heard of a Buyer's Advocate before? Are you still unsure about what we do for people seeking to buy property? Relax. Your questions are about to be answered. If you've still got any lingering questions by the end of this article, I'll gladly answer them for you. Just send them my way! What is a Buyer's Advocate? A Buyers Advocate, also called a Buyers Agent, is a licensed professional …
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First home buyers need to know the risks when buying a property
A Melbourne schoolteacher is facing a first homebuyer's worst fears after discovering that the apartment she purchased in 2018 contains severe defects. Lauren Bird decided to invest in an apartment in order to get into the property market. Unfortunately, she wasn't aware of the importance of a strata report when purchasing an apartment. Ms Bird did what she thought was …
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Melbourne Weekend Auction Results | 30th January 2021
The final week of January saw Melbourne buyers active across Melbourne in what has been a robust market so far this year. The Melbourne auction market recorded an 83 percent clearance rate (based on REIV data), a slight increase on the 82 percent for the previous week. At the same time last year, the clearance rate was 69 percent. This result is based on 276 auctions reported …
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Melbourne Weekend Auctions Results | 18 July 2020
As Melbourne continues with Stage Three restrictions due to mounting cases of coronavirus, buyers are still out and about and buying real estate. The Melbourne auction market recorded a 82 percent auction clearance rate (based on REIV data), down from 88 percent last week. At the same time last year, the clearance rate was 74 per cent. This result is based on 192 auctions reported …
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Melbourne Weekend Auctions Results | 11 July 2020
With the Melbourne market back into Stage Three restrictions due to mounting cased of coronavirus, buyers appear to be getting used to the "new normal" of online selling options. The Melbourne auction market recorded a 88 percent auction clearance rate (based on REIV data), up from 71 percent last week. At the same time last year, the clearance rate was 76 per cent. This result is …
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