Melbourne Auction Results

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. ...

Melbourne and Sydney Markets Defy Experts

By Peter Sarmas on 17 Jul 2016 No Comments yet, your thoughts are very welcome

NAB released the bank’s second quarter survey last week and the results will surprise many. House prices are set to rise faster than the predicted 5.1 per cent this year due to stronger than expected growth in Melbourne and Sydney (AFR). ...

Election Outcome Spurs On Clearance Rates

By Peter Sarmas on 10 Jul 2016 No Comments yet, your thoughts are very welcome

There may have been a sigh of relief for investors more so than first time buyers as the threat of removing negative gearing and increasing capital gains tax on established investment was quashed. ...

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