Werribee market shows no sign of slowing down

Werribee market shows no sign of slowing down

Tweet Werribee and its surrounding suburbs continue to show signs of significant growth as far as median house and unit prices are concerned, as the inner rings of both Melbourne and Sydney face a softening in the market come 2018. Closer to the city, the bayside suburb of Altona saw a 17.6 per cent increase in the number of sales over one year, with a median sale price for houses increasing 15.1 per cent in the same period to $935,000 and 47.2 per cent in three years. Units in Altona saw healthy growth, with median sale price increase of 18.5...

read more

Will you be shopping for a new home in the New Year?

Will you be shopping for a new home in the New Year?

Tweet The property market tends to be a little quieter over the Christmas break, but that doesn’t mean that people aren’t thinking about their next real estate move, with data from realestate.com.au revealing that January is the most popular month of the year to search for house and land packages for sale. House and land listings on the real estate portal in 2013 and 2014 received the highest number of visits and enquiries in January when compared to any other month of the year. In January 2013 visitor numbers peaked at 396,968 for house...

read more

5 tips for first time sellers in Werribee

5 tips for first time sellers in Werribee

Tweet We often provide tips and advice for first time buyers, however many don’t realise that it can be just as confusing and daunting to sell a property for the very first time so we have provided some tips to help out Werribee’s first time sellers. Think about where you will move once your home is sold Before you sell your home you should try and decide where you will move to next so you don’t get caught out with no home to go to. Some people decide to buy somewhere new before selling. If you’re in this scenario then you may be...

read more

Property industry experts predict another year of price growth

Property industry experts predict another year of price growth

Tweet Despite the news of doom and gloom in the real estate market, it appears many industry experts believe that the real estate market will continue to see price growth for the next year. A survey by the NSW division of the Australian Property Institute canvassed valuers, financiers, analysts and fund managers and just under half believed that property prices would continue to grow, particularly in Sydney and Melbourne for another six months. Some respondents were even more optimistic, believing that prices would continue to grow for a...

read more

Is the tide turning for homebuyers?

Is the tide turning for homebuyers?

Tweet Could the booming Sydney and Melbourne property markets finally be starting to cool down? There are early indicators that the property market could be seeing some stabilisation with auction clearance rates dropping as low as 71% in Sydney and 73% in Melbourne after months of being in the 80-90% range. However, auction clearance rates don’t tell the whole story and demand is still exceeding supply – meaning that it’s still a seller’s market. The ABS recorded an 18.9 per cent rise in real estate prices in Sydney in the 12 months...

read more

When shouldn’t you renovate before selling?

When shouldn’t you renovate before selling?

Tweet If you’re getting your property ready for sale then you’ve probably asked yourself whether or not it’s worth investing in renovations. Whilst there are many cases where renovating can help add value to your home, there are also cases where they can end up being more trouble than they’re worth. You should always thoroughly research any renovations you plan on undertaking at your property, and stick to a strict budget if you decide to go ahead with them. Renovations can reinvent your property but if you’re selling you only want...

read more