Auction Clearance Rate Results for Week Ending September 4. Volume was back down this week, pushing the combined capital city clearance rate up to a year-to-date high of 78.4 percent. A total of 1,858 homes were taken to auction, down from 2,153 a week ago.
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Mortgage interest rates in Australia are at an all-time low. Even so, a recent study revealed that seven out of 10 Australian households are having trouble meeting their monthly mortgage repayments. As investors, it’s crucial that we wisely manage both our cash flow and debt
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Results for week ending August 28. The number of auctions held across the capital cities this week increased to 2,113, and the preliminary clearance rate notched up to 76.6 percent. A higher number of listings is normal in the lead up to the spring months,
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It was like a scary scene from a horror movie, except this was real life. I was in Sydney as part of a national tour, which involved speaking every evening in a different city around Australia about how you can make more money in business.
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Results for week ending August 21. Low borrowing costs and limited inventory are pushing auction clearance rates to new highs. The preliminary combined capital city clearance rate was 76.6 percent this week. Volume was slightly higher than last week but remained unseasonably low, as 1,747
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Buying a property, whether it is to owner-occupy or for investment, can be an overwhelming process. There are many factors to consider and family, friends and colleagues love to come out of the woodwork to put their opinions forward; warranted or not. When finances are
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Results for week ending August 14. Sydney, Melbourne and even Perth posted auction clearance rates at or above 80 percent this week, and pushed the combined capital city result to a calendar year high of 77.8 percent. Auction volume continued trending down as only 1,444
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Imagine for a moment your parents, brother and pregnant wife being taken from you and murdered. This was Viktor Frankl’s awful experience. He was an Austrian neurologist and psychiatrist who suffered horrifically as a Jew in four Nazi prison camps, including Auschwitz. He watched helplessly
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The Reserve Bank of Australia (RBA) just cut the cash rate to an unprecedented low of 1.50 percent. Glenn Stevens also hinted in his monetary policy statement that further easing is likely. Even now, traders are pricing in a 50/50 chance of another rate cut
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Results for week ending July 31 A 2016 record result for Sydney and another stellar performance for Melbourne pushed the combined capital city clearance rate up to 73.9 percent this week. Supply levels rose as well, with 1,585 auctions held nationwide, compared to 1,329 last
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