Victorian Budget: Stamp Duty For New Homes To Be Reduced By 50 Per Cent
VICTORIAN BUDGET: STAMP DUTY FOR NEW HOMES TO BE REDUCED BY 50 PER CENT Brought to you by Domain.com.au - Melissa Heagney The cost of stamp duty will be slashed by up to 50 per cent in Victoria under a new move announced in the state budget today. The full 50 per cent discount will only apply to newly built homes valued up to...
Market Update | 7 & 8 November 2020
After achieving another 100% auction clearance rate for the second weekend in a row, our Fletchers agents are showing no signs of slowing down as the market continues to heat up leading into Christmas. ‘The market is now showing great resilience after so much uncertainty during stage 4 lockdown,’ Partner & Auctioneer, Steven...
Rob Fletcher in Market Updates
October Rental Market Update
In the passing month, a total of 44 properties were leased during the period 1/10/20 to 31/10/20 by our Property Management team. Statistical Summary Property Enquiries: 2,676 Inspections: 734 Physical Inspections: 903 Applications Received: 236 Total Properties Leased: 44 New Business: 15 New Managements were leased...
Adrian Lieschke in Market Updates
Market Update | 24 & 25 October 2020
This weekend, there were a couple of things a bit different for Victorians! First, we saw the Tigers and Geelong go head to head in an all-Victorian final...held in Queensland, at night! Secondly, we saw a range of auction methods utilised - completely on-site, completely online and a new option, the "hybrid" auction. With...
Rob Fletcher in Market Updates
2020 REIV Senior Online Auctioneering Competition - Steven Zervas
2020 REIV Senior Online Auctioneering Competition - Steven Zervas Congratulations to Fletchers Canterbury Partner & Auctioneer, Steven Zervas, who participated in the REIV’s 2020 Senior Online Auctioneering Competition earlier this week. Our team is looking forward to seeing the results tomorrow. Best of luck, Steven!
Steven Zervas in Market Updates
Public Auctions Back on in Melbourne with a Maximum of 10 People
Public auctions back on in Melbourne with a maximum of 10 people Brought to you by Domain - Melissa Heagney Melburnians will be able to attend public auctions for the first time since stage four restrictions were introduced in August, under new rules announced Sunday. Victorian Premier Daniel Andrews said a maximum of 10 people...
What Does the Federal Budget Mean for the Australian Housing Market?
What Does the Federal Budget Mean for the Australian Housing Market? Brought to you by corelogic.com.au - Eliza Owen Three major housing-related measures were highlighted in Treasurer Frydenberg’s budget address on the 6th of October: an extension of the First Home Loan Deposit Scheme (FHLDS), additional low-cost financing for...
Market Update | 10 & 11 October 2020
As Melbourne’s property market gradually regains momentum, Corelogic has reported a ‘striking turn in housing market sentiment’, with significant increases in consumer confidence and new property listings over the past month. Corelogic Head of Research, Tim Lawless, said ‘with restrictions starting to lift and private...
Rob Fletcher in Market Updates
September Rental Market Update
In the passing month, under stage 4 lockdown conditions a total of 17 properties were leased during the period 1/09/20 to 30/09/20 by our Property Management team. Our team achieved -3.2 days vacant to off market [from available date to date removed] and just 10.8 days of lost rent or true vacancy [from available date to lease start date] with an...
Adrian Lieschke in Market Updates
Market Update | 3 & 4 October 2020
With private inspections now permitted, industry experts believe home buyers could spur on a late selling season for Melbourne’s property market. According to Domain, ‘buyers and sellers have barely 12 weeks – the time it can take for a property settlement – to make a move before Christmas, after private...
Rob Fletcher in Market Updates
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A Home for Modern Children November 19thIn today's fast-paced, hyper-connected world, the age-old adage "There's no place like home" holds...
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Market Update | 16 & 17 November 2024 November 19thAuction activity continued to ramp up over October, with the weekly auction count by CoreLogic exceeding the 3,000 mark...