by Wendy Chamberlain | Jul 12, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
When the property market is experiencing low stock and demand is high, auction numbers ramp up as strong competition helps vendors to get the best result. But many buyers dislike auction – the crowds, the frenetic pace, the uncertainty and the pressure. If...
by Wendy Chamberlain | Jul 5, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
As the 2023/2024 financial year closed, we saw plenty of movement in the real estate market throughout the previous 12 months. Across the nation home prices rose by 5.9% during the 2023/2024 FY according to a report by realestate.com.au, due to high demand and...
by Wendy Chamberlain | Jun 28, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
Many believe that interest rates and house prices have made buying a first home unachievable in most Australian cities – without help from the Bank of Mum and Dad at least. But if you know where to look and what to buy – and you’re prepared to...
by Wendy Chamberlain | Jun 21, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
With talk of a recession looming, it isn’t surprising that the early warning signs of financial stress are being seen in surging mortgage hardship claims and quick home resales, as reported recently by the ABC. Data from CoreLogic shows a recent increase in...
by Wendy Chamberlain | Jun 14, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
The amended Vacant Residential Land Tax comes into effect on the 1st January 2025. If your property has been vacant during 2024 for more than six months, you could be hit with a VRLT in 2025. Currently, the VRLT applies to vacant homes in Melbourne’s inner and...