With auction clearance rates dropping across the Australia’s capital cities, it is important to know what happens once a property is passed in. If a property goes to auction and doesn’t meet the reserve price then it is the duty of the auctioneer to ‘pass in’ the property. Typically, the auctioneer will give first rights …Read More
After a challenging few years of competition and record-high housing prices, first home buyers (FHBs) are making a resurgence throughout early 2019. Taking advantage of the property slump and reduced competition, FHBs are now playing their part and getting their foot in the door bringing a fresh sense of optimism. With recent clearance rates hovering …Read More
A conveyancer is a critical player to have on your side during your property purchase. They are the legal practitioner who plays the important role of managing all the contracts, settlement monies and government registrations.
Here is a snapshot of the important roles that they undertake to ensure that the purchase of property is a smooth …Read More
Applying for a home loan can be a frustrating and lengthy process, especially in an ever-increasing difficult credit market. With very cheap interest rates and more properties coming onto the market, 2021 has seen huge demand on a buyer front. This is providing many great opportunities to first home buyers who are ready with the …Read More
The changing landscape of Australian property has exposed some unfortunate losers however it is not bad news for all segments of the market.
Over the last 12 months, Melbourne and Sydney markets have seen a fall of 9.1% and 10.4% respectively from the previous record highs in mid 2018. Here are some groups that are the …Read More
A buyer’s agent is a real estate professional who represents buyers in the purchasing of property. In the competitive Melbourne market, more prospective buyers are turning to Buyers Advocates to assist them in their search for the right property.
Top 3 Reasons to Use a Buyer’s Agent?
Knowledge of particular neighbourhoods
Buyer’s Agents are experts in researching …Read More
In keeping with current market and economic conditions, there has been a steady rate of deals being negotiated pre-auction amidst the unravelling Covid-19 situation across the country. Extended lockdown laws have influenced many vendors to move away from the traditional method of selling via auction allowing for many prospective buyers to negotiate via other methods such …Read More
Saving a deposit remains the hardest part of any home purchase. Although Melbourne’s prices are in a slight decline, the average time it takes to save a 10% deposit for a First Home Buyer is still around 5 years.
Here we list some tips that can be adopted to super charge your savings and potentially land …Read More
It is one of the toughest decisions to make: Sell and upsize or renovate your existing home. Growing families who are weighing up their options must consider all factors before committing to a potentially stressful and expensive journey.
For some, moving into a new house may be a desirable approach without the pressures and disruptions of …Read More
With the challenges of high housing prices and strong competition, first-time buyers are looking towards financial assistance from their parents to get their foot on the property ladder. According to Digital Finance Analytics, an estimated 55% of first-time buyers are now receiving help from mum and dad or other family members in order to kick …Read More