by Chris | Jan 29, 2016 | Latest News, Melbourne Buyer Insights
2015 has been a massive year across the Melbourne property market, and NPB Melbourne advocates have compiled the best and worst performing suburbs according to the NPB Clearance Rate. Best 12 performing suburbs in 2015 by NPB Clearance Rate (where a minimum of...
by Chris | Jan 29, 2016 | Latest News, Melbourne Buyer Insights
The National Property Buyers Clearance Rate (Melbourne) is calculated based on a minimum of 30 properties at auction per week selected by NPB advocates. NPB Clearance Rates are usually higher than REIV or other industry clearance rates as only investment grade...
by Chris | Jan 29, 2016 | Latest News, Melbourne Buyer Insights
The best of the best from the Melbourne Property Management team in 2015 Bentleigh Let by NPB Property Management for $690 per week This very well positioned 2 storey townhouse in Bentleigh was purchased by National Property Buyers on behalf of our clients in...
by Chris | Jan 29, 2016 | Latest News, Melbourne Buyer Insights
Top Buys The Top Five Buys from Melbourne buyer advocates and the Top Vendor Advocacy result for 2015. Best Bargain Ascot Vale 2 bedroom, 1 bathroom first floor apartment with a generous floor plan with balcony and quality north facing position. Walking...
by Chris | Jan 29, 2016 | Brisbane Market, Latest News, Melbourne Buyer Insights
2015 saw APRA announcing directives to change the lending criteria for the big four banks and Macquarie Bank. The directives have stipulated banks need to not only revise their lending criteria for residential mortgage loans, but to also increase the level of capital...
by Chris | Jan 29, 2016 | Brisbane Market, Latest News, Melbourne Buyer Insights
2015 will go down as a record breaking year for interest rates. Rates have dropped steadily since 2011 from 4.75% and were 2.5% at the start of 2015. It didn’t take long for the RBA to move, dropping the cash rate to 2.25% in early February. In May the RBA lowered...
by Chris | Jan 29, 2016 | Brisbane Market, Latest News, Melbourne Buyer Insights
That prices in some markets were turbo charged over 2015 is an understatement. Across the market, there was approximately $283 billion worth of property transacted across half a million house and unit sales. Sydney saw the biggest increase in capital growth of all the...
by Chris | Jan 29, 2016 | Latest News
Purchasing a property is probably the most expensive transaction that many people will make. Getting it wrong can mean losing hundreds of thousands of dollars – not to mention the stress. That’s why making the right purchase is so critical. In a special series, we...
by Chris | Jan 22, 2016 | Latest News
Could interest rates drop in 2016? Yes, according to interest rate future pricing from Citigroup, who have predicted the RBA to pass a rate cut of 25 basis points at their June board meeting. Rates are already at historic lows and a further reduction could be...
by Chris | Jan 15, 2016 | Latest News
Most buyers understand that a Buyer’s Advocates role is to undertake the work of finding and purchasing a property for them. The process will usually involve searching through advertised properties or industry contacts and databases to find a range of options,...
