A few pointers to those buyers in our highly competitive ‘hot’ market. Make sure that you are really a serious buyer and communicate this strongly to the agent with whom you are working on a particular property. Demonstrate that you are knowledgeable of the particular sector of the market that you are dealing in and [...]
First home buyers ask the question, why is it so hard to get into the market? There are a few factors at play, but it doesn’t mean that it’s prohibitive. The Reserve Bank has decided to keep the cash rate as it is for the time being, which is only 2% and therefore not a [...]
Melbourne’s property market has smashed yet another record, with the city’s median house price increasing to almost $730,000 in the three months to September 30. REIV CEO Enzo Raimondo said the $729,500 median* is the highest ever, up 4.5 per cent from the previous quarter. Mr Raimondo said continued high auction numbers in recent months [...]
Melbourne Cup…The race that stops a nation! But it’s only a temporary quiet week for real estate. Don’t let it stop you. Good properties in this market are still achieving record prices so if you’re thinking of selling, now is still probably an optimum time to present your property to market. A softening is forecast, [...]
