Melbourne’s October Real Estate market reflected improved results suggesting we may be through the worst of the challenges the industry has faced in the latter half of 2022. The month’s sales results suggest that both buyer and seller sentiment is returning to the market. Sellers appear to be adjusting their expectations to reflect current conditions, and active buyers are showing
Are you considering entering the real estate market and searching for the best way to buy a property? At Noel Jones, we know how important it is to be prepared for the road to becoming homeowners. To give you that extra helping hand, we have put together six important considerations for those looking to buy a property in Melbourne.
The saying that beauty is only skin deep is true for kitchens, as well as life in general. If you’re renovating, building or planning to buy, when it comes to the heart of the home, it’s crucial to see beyond a kitchen’s impressive exterior to how it functions. A beautiful, on-trend kitchen can be a showpiece but, if the area
The end of 2022 is fast approaching, leaving many pondering the same question; “What will 2023 hold for the residential property market”? There are several varying opinions among industry experts. However, there is one thing that they all agree on, and that is that it’s likely we’ll continue to see further drops in the price of residential property. Where they
The Albanese Labor Government’s first federal budget since coming to power is squarely focused on curbing both inflation and government spending. As the Reserve Bank continues to lift interest rates from their historic lows and cost-of-living concerns dominate headlines, the 2022-23 budget treads a fine line between upholding election commitments and making savings. The budget did not feature any immediate
The September quarter saw us farewell winter and welcome spring, the season that many in Real Estate circles look forward to the most. It’s a time when the weather starts to warm, the flowers start to blossom, and people often choose to enact their plans to buy and sell property, making it a busy and exciting period for all involved.
Purchasing a home is likely one of the biggest financial investments you’ll make in your lifetime – if not the most significant. For many of us, a home purchase is only possible with the help of a mortgage loan, which adds an extra layer of complexity to studying the market for the right property. If you’re looking to buy your
When we think about property, it needs to be with the appreciation of the wider market. The valuation of homes, units, and even commercial sites will shift and swell into cyclical ‘bubbles’ that will eventually pop for one reason or another. Fortunately, some factors that impact a property’s value are within the seller’s control, while others are out of their
Spring is officially upon us, and it’s the first since 2019 that will see us transacting in customary conditions. Whilst it remains to be seen whether the market will flourish with the same vigour as the spring blooms, Dr Andrew Wilson, chief economist for My Housing Market has recently been quoted as saying that early signs are emerging that suggest
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