Buyer Agents Blog
Statement by Philip Lowe, Governor: Monetary Policy Decision
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Aug
02
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.85 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points t...
How to Avoid Overpaying for a Property
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Jul
05
Melbourne was host to 628 auctions last weekend (2nd July), down from 1,000 over the previous week and 1,073 this time last year. Of the 518 results collected so far, 56.8 per cent have been success...
Tips on How to Buy Well in a Buyer’s Market
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Jun
28
With the constant inflation and high-interest rates in Australia this year, many aspiring homebuyers are turning sceptical as to whether they should purchase a property in the current cooling market...
The lag effect and how it pays to be on the ground!
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Jun
08
The lag effect is the potential ineffectiveness of fiscal policy due to the time it takes to recognise an issue, implement the appropriate approach, and affect the economy.The March 2022 qtr inflati...
Why do school zones add value to a suburb?
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May
20
Whenever house hunting for our buyer advocate clients, we put a lot of things into account. Majority of buyers want to be close to cafes, parks, and public transport. Whilst families want a property i...
5 ways to revamp a small backyard
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Apr
14
As buyers’ advocates in Melbourne, one of the most common must-haves that our clients always tell us is a spacious backyard. With the right budget, this is attainable however with a limited one, i...
What is Feng Shui?
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Mar
18
As buyer agents we have all heard about Feng Shui from clients, our friends, families, colleagues, or acquaintances whether it be a passing topic for conversation or a deep-thought discussion amongs...
Auction Reserve Price?
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Oct
27
What is an Auction Reserve Price?
The auction reserve price is typically set 48 hours before the auction. The sales agent and auctioneer will meet with the vendor over zoom or face to face and talk...
Sold your home and haven’t found a new home yet?
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Sep
22
Selling and buying property is a juggling act. The emotions are high, uncertainty sets in, and it can be overwhelming. When the real estate market is booming, and you wish to upsize or downsize, th...
What buyers should be considering before purchasing an apartment!
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Jul
27
1. Check the laws on short-stay letting / Air B n B.
Some developers choose not to monitor by-laws in relation to short-stay letting. This means that you could move into an apartment and realise tha...