Streets ahead by a long way

Streets ahead by a long wayHome Buying Tips Real Estate News Neighbourhoods Capital gain: Coppin Grove, Hawthorn, has been a top performer during the past 10 years. Photo: Luis Enrique Ascui. Every suburb has them: the streets that stand out from the pack. They add value, they splash a bit of status on the residents, […]

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Will Santa bring change to Melbourne Property

The Orange Room News ” Allens Real EstateAnother weekend of 60% clearance rates on 875 reported Auctions and a further 690 private sales proving that the market is still marching on toward 2013 with gusto. Our enquiry levels have been exceptional, with many prospective purchasers now finding it very hard to compete in a market […]

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Hopeful Hype for Buyers?

Maximum PerformanceWhat do you believe when it comes to the ‘right time’ to buy property? There is so much conflicting information and negativism circulated by national media that is confusing and may actually destabilise a property market, unnecessarily causing people to ‘think twice’ when it could actually be a good time for them to invest […]

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How to properly assess property values

How to properly assess property valuesI was listening to the radio on my way home on Saturday evening and heard a presenter and a town planner talking about real estate in Melbourne. A caller had asked a question of the two regarding what the “plus” meant when an advertised property was quoted $490,000 plus. via […]

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Mansions fall off hot property list

A LACK of quality stock combined with economic uncertainty is creating a challenging environment for Melbourne’s million-dollar-plus real estate market. The $1 million to $2 million price bracket recorded the lowest clearance rate of all market segments, with less than half of the 70 auctioned properties sold. Overall, there were 628 auctions in Melbourne reported […]

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Jazzing up auction blues

DESPERATE real estate agents are cold-calling people pleading for them to spruik auctions to friends and family. Agents are also using jazz bands, coffee carts and champagne to lure nervous buyers in Melbourne’s struggling housing market. With the city’s clearance rate languishing at 58 per cent, agents are resorting to unconventional methods to attract interest […]

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South-east shines in glum market

STRONG auctions for family homes in pockets of the south-east indicate resilient demand in the face of an overall lacklustre market. While the clearance rate in percentage terms for melbourne’s auctions remains in the mid-50s, suburbs in the Glen Eira area have defied the general caution and produced some healthy results. There were 561 auctions […]

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