By Peter Sarmas on 11 Mar 2014 No Comments
Over the hot long weekend only 233 auctions were reported to the REIV. Of those, 166 sold, while 67 passed in; 34 on a vendor bid. Although the numbers were lower and the weather wasn’t conducive to large crowds, a clearance rate of 71 per cent was recorded, compared to 73 per cent last weekend and 62 per cent this weekend last year ...
By Kristie Kwok on 10 Mar 2014 No Comments
Is auctioning your house the best way to sell? Or should you consider selling privately? Although auctions as a selling method are gaining popularity in the Melbourne housing market, the fact remains that private sales are much more common, because it is a less daunting process for some buyers ...
By Peter Sarmas on 8 Mar 2014 No Comments
Despite the fact that Australia's unemployment rate has reached its highest point in ten years, figures suggest the property industry may not be as severely affected as people expect. This week on Street News, Peter Sarmas examines how well the property market is performing in spite of the flagging local economy ...
By Street News on 7 Mar 2014 No Comments
Heart for the Homeless have teamed up with creative agency The Lume in a new initiative to raise awareness around homelessness in Australia. Their ‘It’s Your Move’ digital initiative uses 60-second stop-motion video to encourage household goods donations to charities, using the Heart For The Homeless website ...
By Louis Christopher on 6 Mar 2014 No Comments
The count of national listings suggests a residential market that is in a moderate uptick. Normally, listings jump in each February following its hiatus in the holiday season. However, this year there was only a modest rise in stock level. That would suggest to me that vendors are in no rush to sell ...
By Kristie Kwok on 6 Mar 2014 No Comments
Although the number of property auctions in Melbourne grew significantly in 2013, almost 70 per cent of real estate sales were still conducted privately. For those who are looking to put their house on the market in order to upgrade, downsize or cash in on capital growth, when and why should you consider using a property auction ...
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