The suburbs most popular for Victorian first-home buyers

Buyers and sellers advocate Wendy Chamberlain from Chamberlain Property Advocates has spoken to Domain regarding Melbourne’s first home buyer’s preference towards buying homes closer to Melbourne CBD, shunning long commutes. “Wendy Chamberlain said she had noticed a move towards the northern suburbs over the past six to eight months. “They’re definitely buying based on a[…]

Downsizers are selling their family home to buy city property and enjoy beach lifestyle

The Melbourne downsizers buying city properties to suit their beach lifestyle

Buyers and sellers advocate Wendy Chamberlain from Chamberlain Property Advocates has spoken to Domain regarding what is currently on Melbourne downsizers’ wish list. “I think there is a definite trend of downsizers buying a low-maintenance city base in Melbourne that offers them quick and easy access to freeways to escape down the coast as they[…]

The reserve bank of Australia decides to keep rates on hold

RBA keeps rates on hold despite their less optimistic view of the Australian economy

  After a 2 month summer break, the RBA has kept interest rates on hold at 1.5 per cent. In recent times the RBA has maintained a fairly optimistic view on the economy, however they did note in the post-meeting statement that “downside risks” have increased. Today’s meeting confirmed that the RBA hasn’t changed course,[…]