Saturday’s recorded auction clearance rate of 67 per cent was the lowest recorded for five months.
News
Buyers are increasingly bidding above asking prices
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06 December 2013
New research from realestate.com has found that across Australia a healthy 41 per cent of property buyers in the market in September and October were willing to bid above the asking price.
Interest rates remain steady over Christmas break
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05 December 2013
In its final meeting of the year the RBA has kept interest rates on hold.
The RBA released a statement that was identical to the previous month, stressing that the value of the Australian dollar was 'still uncomfortably high'.
Brokers warned about 'scheme promoting'
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04 December 2013
Mortgage brokers may be unwittingly breaking the law with investment loans that the Australian Tax Office (ATO) see as 'scheme promoting'.
What do property buyers want?
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02 December 2013
What is it that buyers are after when buying property? The features they might be looking for can depend on how much they are paying for the property, the size and location of the property and who it is that is buying the property, that is, whether the purchaser is an owner-occupier, investor or developer.
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