There are currently some major infrastructure projects in the pipeline for Victoria. Exciting times! The Suburban Rail Loop will incorporate 90 kilometres of railway line and a number of new train stations. It will mean significant changes in relation to commuting times and accessibility to Greater Melbourne and to Melbourne Airport (finally!). Read about this project here. The other …
Is your property not selling as soon as you expected?
With the current level of demand for real estate in major cities across Australia, it might seem like any structure with four walls and a door will sell the moment you put a "For Sale" sign out the front. However, there are always properties that struggle to find a suitable buyer within the seller's expected timeframe. Identifying why your home isn't selling involves a few enquiries, but when …
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Considering selling your home privately? What are the pros and cons?
While many properties are sold at auction, a large number are also sold by private sale. Choosing to sell your home privately has its advantages and disadvantages. We'll take a look at some of the pros and cons below. I wrote this article, which was published on Realestate.com.au in 2019, to explain the pros and cons of private sales. The points I raised in that article still hold true today. …
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Melbourne Auction Results | 4th July 2020
The Melbourne auction market recorded a 72 percent auction clearance rate (based on REIV data), up from 66 percent last week. This result is based on 300 auctions reported across Melbourne. 157 homes were sold at auction, 58 before auction with 85 homes passed in (31 on a vendor bid). 22 homes were withdrawn from sale. The sales figures come as 10 hotspot suburbs across Melbourne were put …
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