Results for week ending June 5 Winter isn’t coming. It’s here! But in the world of real estate things are still peachy-warm. Buying activity remained strong over the weekend, with the preliminary combined capital city clearance rate pushed higher to 70.4 percent, up from last
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One of the first things you’ll need to decide as a real estate investor is whether to buy a new property or to find one with an established dwelling. Existing properties are perceived by many investors to be less attractive, requiring the hassle of renovation
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Results for week ending May 29 Sellers made a comeback last weekend, resulting in a spike in auction volume of more than 25 percent. A total of 2,419 homes were auctioned across the combined capital cities, compared to 1,920 last week. Importantly, buyers rose to
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Results for week ending May22 The preliminary results show the combined capital city clearance rate hit 70 percent this week, up slightly from last week’s final reading of 69.5 percent. Auction volume was on par with last week, as 1,863 homes were brought to auction
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Property investors face risks at all times, and in all seasons, so 2016 is no different than any other year in that respect. The difference today is that the risks for investors entering the market now are not necessarily what they were three, five or
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Results for week ending May 15 The combined capital city clearance rate improved this week, but total auction volume fell nationwide by nearly 400 homes, or 18 percent. The preliminary results show 68.9 percent of 1,824 auctions clearing successfully. The Stats Sydney posted the strongest
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Buying an investment property is a big decision. With hundreds of thousands of dollars at stake, it’s no wonder investors sometimes get cold feet. There are ways for buyers to legally back out of a contract of sale, but be careful. Although real estate sales
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Results for week ending May 8. The combined capital city clearance rate slipped four basis points this week, dropping to 65.7 percent. Auction volume was also down across the country. The Stats Sydney sellers were the most successful over the weekend, with preliminary reports showing
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It’s been reported that it costs the Australian government six cents to make a five-cent coin, meaning the little silver Echidna is now on death row. RIP little fella. Oh how I remember when you used to buy something meaningful at the lolly shop, or
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Results for week ending May 1. The combined capital city clearance rate strengthened again this week, rising to 71.3 percent, even after a notable spike in seller activity. The Stats Melbourne was by far the most active city with 1,408 auctions. This number is significantly
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