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Market Update January 2023

Homes in suburbs across Melbourneโ€™s east have had some of the biggest price growth in Victoria over the last quarter, defying the state-wide slowdown. Real Estate Institute of Victoria figures reveal that the median property price in Mitcham is $1.2 million, which is a 17% increase over recent months. Meanwhile houses in Croydon have reached a median of $880,000, reflecting

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Home Improvements

A peek at 2023 styling forecasts

Fashions come and go, but the new year brings fresh ideas and inspiration. Whether youโ€™re looking to renovate or merely enjoy analysing fashion forecasts, letโ€™s explore some top trends set to influence our homes and beyond.ย  ย  Colourโ€™s comeback After the serene, neutral years of whites and greys dominating homes, vibrancy is taking centre stage as the world embraces its

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Selling

4 Market Benefits of Selling Your Property Sooner Rather Than Later

The process required when you decide to sell your house can take anywhere from a matter of days, to a stretch of weeks, and even several months. With all that is involved, however, selling your property sooner rather than later can bring about a multitude of benefits that can positively impact your financial situation and peace of mind.ย  Whether youโ€™re

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Investing

Prepare for 2023 by claiming depreciation

An important part of yearly preparation for property investors includes re-visiting finances and finding ways to improve cash flow. Claiming depreciation deductions on your investment property may be the answer. To help you plan the new year, BMT Tax Depreciation have put together four reasons why investors should order a depreciation schedule. You donโ€™t have to spend any money to

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Market Update December 2022

Melbourneโ€™s long-term property market prospects are among the best in Australia, with our city tipped to be Australiaโ€™s biggest capital by 2030. While we are emerging from one of the most turbulent years in real estate history, many experts expect the market will stabilise in 2023. Rapid interest rate rises quickly replaced the pandemic as the biggest factor impacting Australiaโ€™s

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Residential_Houses_In_Melbourne
Buying

Should You Rent or Buy in Today’s Melbourne Housing Market?

Are you looking at the Melbourne housing market, scratching your head and wondering whether it is cheaper to rent or buy? The past few years have certainly proved tumultuous in the property market, with lockdowns and supply chain shortages creating incredible shifts in demand as the availability of new properties became scarcer.ย  Whatโ€™s more, we are now firmly in an

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Market Update November 2022

Victoriaโ€™s wild weather, state election and the busiest auction weekend since June made for a newsworthy November. While auction levels were relatively low during spring, they surged in late November. Almost 1000 homes went under the hammer on the final weekend, with an overall clearance rate of 66.3%. Melbourneโ€™s eastern suburbs had an overall clearance rate of around 70% in

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