by Chris | Oct 17, 2011 | Melbourne Market
by Antony Bucello The REIV has reported a clearance rate of 55% from the 633 properties that went to auction on the weekend, up from the 51% revised clearance rate recorded last weekend. A total of 349 properties found new owners and 284 properties passed in, 192...
by Chris | Oct 10, 2011 | Melbourne Market
by Antony Bucello The Reserve Bank of Australia’s decision to keep interest rates on hold last week did little to improve overall buyer confidence in the Melbourne property market. The REIV has reported a clearance rate of 53% from the 501 scheduled properties that...
by Chris | Oct 7, 2011 | Melbourne Buyer Insights
WELCOME to the October edition of Melbourne Monthly Buyer Insights, a newsletter by National Property Buyers summarising the performance of the Melbourne metropolitan property market. September NPB Clearance Rate 67% Monthly NPB Clearance Rate Remains Consistent WHILE...
by Chris | Oct 3, 2011 | Melbourne Market
3 October 2011 The REIV has not published a clearance rate this weekend as there were too few auctions to give an accurate reflection of the market due to the AFL Grand Final. While there is no official clearance rate calculated, there were still 47 auction results...
by Chris | Sep 28, 2011 | Latest News
The REIV June quarter median prices reveal that the median price of a house has increased by 5.4 per cent to $590,000 from $560,000 (revised) in the March quarter and by 5.7 per cent in the last 12 months. This confirms the Melbourne residential property market has...
by Chris | Sep 26, 2011 | Melbourne Market
26 September 2011 The Clearance Rate reported by the REIV this week was 53%, down slightly on last weeks’ revised clearance rate of 55%. A total of 628 properties were scheduled for auction over the weekend and 335 of those found new owners. 58 of those, or 17%, sold...
by Chris | Sep 21, 2011 | Latest News
The July rental vacancy rates show that the availability of rental homes in Melbourne continues to improve. REIV Communications Manager Robert Larocca said that the rental vacancy rate for Melbourne increased to 2.5 per cent from 2.2 per cent in June and was now well...
by Chris | Sep 21, 2011 | Latest News
Melbourne’s median house price jumped by 5.4 per cent in the June quarter while the national property market recorded its strongest results in a year, according to new research. The June quarter Real Estate Market Facts report, released by the Real Estate Institute of...
by Chris | Sep 20, 2011 | Latest News
Perth’s recent property boom was largely fuelled by sudden population growth, but there were also many keen investors eager to try their hand in the property market, many of whom were entering the rental property sector for the first time. Owning an investment...
by Chris | Sep 19, 2011 | Melbourne Buyer Insights, Melbourne Market
INCREASE IN REIV & NPB CLEARANCE RATES The REIV reported a clearance rate of 57% this weekend, an improvement on last weekends revised clearance rate of 54%. A total of 593 properties went under the hammer and 338 of those sold and 255 passed in. Of the 255...
