by Wendy Chamberlain | Aug 25, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
If your fixed rate mortgage term is coming to an end and the switch to variable rates is looming, you may be feeling quite worried about how your budget will cope. Borrowers with a $750K mortgage are paying on average a hefty $1,900 per month more than...
by Wendy Chamberlain | Aug 18, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
In a historic move Victoria’s long standing state funded first home owner grant may be abolished as the government’s budget overhaul includes a review of current housing affordability schemes. Following advice from Infrastructure Victoria that the first...
by Wendy Chamberlain | Aug 11, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
DOWNSIZING certainly has a few advantages, such as more time to enjoy life and less time spent on maintenance and housework. You might save money on energy and water bills, and find it easier to lock up and leave when you’re ready to travel. But what about...
by Wendy Chamberlain | Aug 4, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
Underquoting. All buyers hate it, so why does it happen? Underquoting has been around a long time. Real estate agents are legally required to provide a price guide for all properties listed for sale. They calculate the price guide based on past sales of similar...
by Wendy Chamberlain | Jul 28, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
The NAB Residential Property Index rose sharply in Q2 2023, with NAB economists predicting property price rises of 4.7% this year and 5% to the end of 2024. Based on an expectation that the RBA will lift rates to 4.6% by September and then leave rates on hold until...
