Melbourne Auction Results | 28th July 2018

Melbourne’s auction market slightly improved over the weekend recording a clearance rate 58 percent. The number of scheduled auctions 687. The number of reported auctions was 507 while the number of properties sold was 320. Total sales recorded was $223,223,000 while the median price in the area was pegged at $766,000. Properties that performed the[…]

Buyer’s Agent Fairfield – Suburb Profile

Buying a property in Fairfield can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment[…]

Buyer’s Agent Heidelberg – Suburb Profile

Buying a property in Heidelberg can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment[…]

Melbourne Auction Results | 14th July 2018

Melbourne’s auction market was steady over the weekend achieving a clearance rate 56 percent, similar from the previous week. The number of scheduled auctions was down to 484 from 526. The number of reported auctions was also down at 377 while the number of properties sold was 220. Total sales recorded was $149,977,000 while the[…]

What is Equity?

Many people are aware of their home equity but do not understand very well how it is calculated and its other uses. Basically, equity is the difference between a property’s current market value and the outstanding balance of any debt held against it. It is an asset from a homeowner’s point of view and it[…]

What is Passive vs Active investing?

Investing in real estate is one effective way of building wealth and establishing a property portfolio moving into the future. There are two basic types – active and passive. Regardless of the type of property investing you are doing, each method requires time, knowledge and skills in order to reach your goals and maintain a[…]

Melbourne Auction Results | 7th July 2018

Melbourne’s auction clearance rate slipped further on Saturday to a low of 56 percent from the previous week’s 60 percent. The number of scheduled auctions followed the same trend at 526. The number of reported auctions was also down at 392 from last weekend’s 502 while the number of properties sold was 236. Total sales[…]

First Homebuyers in Melbourne Need 5 Years to Save for a Home Deposit

Buying a house in Melbourne is still a huge challenge for many young people. A new report shows that young Melburnians are more likely to take five years to save for a deposit to buy a home in the cheapest suburbs. The report released by the Domain Group looked into the entry-level prices of homes[…]

Buyer’s Agent Watsonia – Suburb Profile

Buying a property in Watsonia can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment[…]