The Real Estate Institute of Victoria has reported that at the weekend (October 27 and 28) auctions saw a clearance rate of 66 per cent - a result derived from the highest number of auctions this year - over 1,000.
RP Data shows that the high cost of living around large capital cities is thanks to a concentration of the population in the surrounding areas of these cities.
The growth, while impressive, should be further developed through government incentives and grants as well as bank policy in the coming years, says HIA NSW executive director David Bare.
Under the National Rental Affordability Scheme (NRAS), the federal government has delivered 10,000 affordable rental homes for those who are in a low or middle bracket of income.
Getting experts to inspect your potential new home
The real estate agent handling the sale should be more than happy to accommodate your inspections, so just organise a time with them in conjunction with your experts, who can check out the home.
The ballots close this Friday (October 26) at 18:00 in Melbourne, which means residents have just a few days left to cast their votes for the city's lord mayor and deputy mayor.
The number one Chinese property publication in Sydney will host the first ever Chinese Property Expo held in Australia on Saturday 27 and Sunday 28 October in Sydney’s vibrant Chinatown.