Melbourne Auction Results

Retirees Face Funding Shortfall

By Peter Sarmas on 11 Sep 2016 No Comments yet, your thoughts are very welcome

According to Roy Morgan 415,000 people are expected to retire over the next 12 months. From a younger person’s point of view this sounds like good news because it frees up jobs, but from an economic perspective it is a dire situation as dependence on government funding increases. ...

Housing Affordability Continues To Freefall

By Peter Sarmas on 4 Sep 2016 No Comments yet, your thoughts are very welcome

Affordability and underemployment will continue to worsen, many would-be-buyers will continue to be locked out of the real estate market. ...

What’s Driving the Property Market?

By Peter Sarmas on 28 Aug 2016 No Comments yet, your thoughts are very welcome

The Reserve Bank has reduced the cash rate by 0.5% this year in an attempt to lower the Australian dollar and spur on the economy after the mining boom. The end result however has been further growth in house prices in the two major cities. ...

How To Research Your Next Great Property Purchase

By Peter Sarmas on 21 Aug 2016 No Comments yet, your thoughts are very welcome

  Melbourne Auction Results 21st of August 2016 75% Clearance Rate 646 Reported Auctions Sold at Auction: 487     Passed in: 159     Sold Before: 50     Sold After: 2               Source:REIV   Market Wrap A clearance rate of 75 per cent was recorded this weekend ...

Valuer General Sees 39 Per Cent Price Rise in Melbourne Suburbs

By Peter Sarmas on 31 Jul 2016 No Comments yet, your thoughts are very welcome

  Melbourne Auction Results 31st of July 2016 78% Clearance Rate 516 Reported Auctions Sold at Auction: 466     Passed in: 133     Sold Before: 68     Sold After: 0               Source:REIV   Market Wrap (REIV) A clearance rate of 78 per cent was recorded this ...

Survey Finds Now Is a Good Time To Buy

By Peter Sarmas on 25 Jul 2016 No Comments yet, your thoughts are very welcome

Property investors appear to back with May recording a solid growth in investor lending and rumours that lenders like CBA are struggling to keep up with a backlog of loans to be processed. So where is that slump we’ve all been waiting for? Late last week CoreLogic and TEG Rewards released their latest findings which will surprise many. ...

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