May Auction Tales, the stories of Melbourne real estate auctions, or those I see. Auctions are fun if you are not the one bidding for your next home. Nerve wracking, frustrating and confusing if you don’t know what you are doing. Each week I view at least one auction. Often they are different real estate…
Auctions Tales Abound in Melbourne Auctions Tales are inevitable when buying a home in Melbourne. Every buyer has a story. Ray White Bundoora seems to have the most homes that my clients are interested in. This particular home has 3 bedrooms, 1 bathroom, 1 garage and was set in a large, very spread out development…
GOING, GOING, NOT GONE, (Buyer Beware) Auction statistics for last weekend from the REIV (Real Estate Institute of Victoria) declared a Clearance rate of 80% with 775 auctions reported and total sales volume of $810 million – that’s a lot of Stamp Duty into the State Government coffers. 152 of auctions reported were passed in,…