Sue and Peter loved their spacious family home of 15 years, but it was time to downsize and find something with a smaller more manageable garden. After meeting with several real estate agents they decided to use the one who offered them a discount on his commission. They were pleased with their choice and looked [...]
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Posted in Market Updates, News, Research on Apr 9th, 2013
The Real Estate Institute of Victoria (REIV) released some interesting data this week relating to Victoria’s housing affordability. According to these latest figures housing affordability has improved by 20% since the prices peaked in late 2010. This is one of the reasons why more buyers are currently active in the residential market. The REIV research [...]
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Posted in News, Research on Feb 28th, 2013
It is most people’s worst nightmare: you buy your dream house or holiday home on a lush hillside overlooking the ocean, then your new neighbours decide to build their dream home and block parts of your view. So what is the law when it comes to a shared outlook? The general advice most town planners [...]
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Posted in Market Updates, News, Research on Feb 25th, 2013
ith the first unofficial auction weekend for 2013 now done and dusted, the analysis of results point to an excellent start to the auction year. A total of 473 properties went under the hammer across Melbourne and the surrounding areas, with 269 sold at auction, 63 sold prior to auction and 141 passed in (87 [...]
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