by Wendy Chamberlain | Oct 11, 2015 | Auctions
Yesterday was a record auction day for October in Melbourne achieving a clearance rate of 74 percent. There were a total of 1,250 properties listed, 981 reported and 737 sold. Domain Group noted that home sellers were more motivated to sell due to the weakening market...
by Wendy Chamberlain | Oct 6, 2015 | Buying a Home
The Reserve Bank of Australia (RBA) has maintained the cash interest rate at two percent. During its board meeting today, Reserve Bank Governor Glenn Stevens noted that as the economy is growing at below the long-term averages, their monetary policy needs to be...
by Wendy Chamberlain | Oct 6, 2015 | Buying a Home
Coburg is one of Melbourne’s suburbs situated 8 kilometers north of the CBD. Part of the City of Moreland, it has a population of 24,977 as of 2011. The suburb has hundreds of shops in it main commercial precinct and is also serviced by different public...
by Wendy Chamberlain | Oct 4, 2015 | Buying a Home
This AFL Grand Final weekend, Melbourne achieved a 56 percent clearance rate. A total of 51 properties were listed, 31 were reported and 18 were sold yesterday with a median price of $801,000. This weekend’s clearance rate was much lower than last...
by Wendy Chamberlain | Sep 22, 2015 | Buying a Home
Melbourne has been named as most livable city in the world for five straight years. It has various reasons to be so including sufficient and affordable housing for all types of people. Thousands of suburbs exist in Melbourne and those who want to learn more about them...
