by Wendy Chamberlain | Mar 19, 2019 | Buying a Home
As the Melbourne housing market weakens some home owners are dropping their asking prices or making minor updates in preparation to relisting properties that had previously failed to sell. Wendy Chamberlain has spoken to The Sunday Age regarding this topic. “I’ve been...
by Wendy Chamberlain | Mar 17, 2019 | Auctions
Melbourne recorded a 56 percent auction clearance rate over the weekend. The number of scheduled auctions on Saturday was 744 while the number of reported auctions was 549. Many of the properties sold were transacted after being passed in. The number of properties...
by Wendy Chamberlain | Mar 5, 2019 | Buying a Home
The Royal Bank of Australia yesterday announced that interest rates will remain at 1.5 per cent, where it has sat ever since August 2016. RBA governor Philip Lowe said the low interest rate would continue to support the economy: “Further progress in...
by Wendy Chamberlain | Dec 12, 2018 | Auctions
Melbourne recorded a low auction clearance rate of 44 percent over the weekend. This was an improvement as the clearance rates fell below 40 percent on four weekends this spring. The number of scheduled auctions on Saturday was 1,057 while the number of reported...
by Wendy Chamberlain | Sep 4, 2018 | Auctions
Melbourne’s auction clearance rate improved on Saturday at 59 percent compared to last weekend’s 58 percent. This was a big improvement from the low 54 percent in the past two weeks. The number of scheduled auctions was 725 compared to the previous...
