By Peter Sarmas on 17 Mar 2014 No Comments
It was a cooler weekend thankfully, but this didn’t cool the heels of those looking to secure their next home. The REIV recorded a clearance rate of 73 per cent from 837 reported auctions, compared to 67 per cent last weekend and 68 per cent at the same time last year. There is certainly a sense of confidence in the property market ...
By Street News on 15 Mar 2014 No Comments
News this week from RP Data senior research analyst Cameron Kusher shows that the price of vacant land across the capital cities continued to climb throughout 2013. At the end of the year, the median selling price was $249,000, which is an increase of 6.9 per cent throughout the year with vacant land prices now ...
By Peter Sarmas on 15 Mar 2014 No Comments
After a slow long weekend, auction activity is set to surge again today. In fact the REIV believes there could be a record number of auctions during March overall. In his regular market commentary, Peter Sarmas examines which Melbourne suburbs were the standout performers last week ...
By CoreLogic RP Data on 14 Mar 2014 No Comments
The Australian Bureau of Statistics released housing finance data for January 2013 earlier this week. Among other things, the data showed that new listings were 2.0 per cent higher across the combined capital cities, and 12.7 per cent higher than they were a year ago ...
By Danielle King on 14 Mar 2014 No Comments
Having efficient homes is not about living in a mud hut in a paddock! It’s about being smart with your choices, efficient with your resources and protecting the future of your best asset. There are many myths about creating a green home, and we think it’s about time some of those myths were busted. So here goes ...
By Kristie Kwok on 12 Mar 2014 No Comments
Industry experts have urged first time buyers to be ready to compromise in order to get into the real estate market. Accepting a property in a less than perfect location, size or condition could help first home owners secure something more affordable. Although it might not be the dream home one imagined, it is an important stepping stone ...
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