by Wendy Chamberlain | Sep 10, 2019 | Auctions, Buying a Home
Several suburbs in Melbourne will have six new train stations a few years from now. Part of a major project called the Suburban Rail Loop, this public transportation is aimed at providing Victorians easy access to their place of work, schools and other amenities. It...
by Wendy Chamberlain | Sep 8, 2019 | Auctions
Melbourne recorded a 74 percent clearance rate during Saturday’s auctions. It slipped from the previous 81 percent two weekends ago, considered the highest since April 2017. More listings were noted with the total scheduled auctions at 704 and confirmed results...
by Wendy Chamberlain | Sep 3, 2019 | Buying a Home
The RBA has kept the official interest rate on hold at its historic low of 1.0%. This comes after the RBA cut interest rates in June and July this year. Before that, the cash rate had sat at 1.5% for the better almost 3 years. RBA governor Philip Lowe said “Economic...
by Wendy Chamberlain | Aug 26, 2019 | Auctions
Melbourne recorded strong auction results on Saturday with a clearance rate of 81 percent, up from last weekend’s 70.2 percent. This rate was much higher compared to the same period last year with only 52 percent and the highest since April 2017. The total...
by Wendy Chamberlain | Aug 13, 2019 | Auctions
Melbourne achieved an auction clearance rate of 70 percent on Saturday, still considered a strong result. A strong buyer confidence was noted as the spring selling season starts amid the cold weather. It was the fourth consecutive week that Melbourne recorded a...