RBA Cuts Rates to 3.60% — What It Means for You
RBA Cuts Rates to 3.60% — What It Means for You The Reserve Bank of Australia has delivered a 0.25% cut to the official cash rate, reducing it from 3.85% to 3.60%. For home buyers and mortgage holders, this offers some welcome relief. For self-funded retirees, however, the lower rate could mean reduced income from […]
Buyer Beware: Why You Should Never Buy Property Without a Proper Property Inspection
Buyer Beware: Why You Should Never Buy Property Without a Proper Property Inspection Over the past month, we’ve seen a noticeable rise in buyers—particularly those interstate—purchasing properties without conducting a proper property inspection. Why Buyers Are Skipping Inspections Whether it’s due to distance, time constraints, or convenience, many buyers are relying solely on photos, videos, […]
Minimum Energy Efficiency Standards Coming to Victorian Rentals: What You Need to Know
Minimum Energy Efficiency Standards Coming to Victorian Rentals: What You Need to Know Significant changes are on the way for rental properties in Victoria. From March 2027, rental providers will be required to upgrade homes to meet new Minimum Energy Efficiency Standards — starting with hot water and heating, then expanding to include insulation, fixed […]
A Smart Property Purchase in Just 7 Days
From Sydney to Settlement: A Smart Property Purchase in Just 7 Days Referred by a respected, long-time colleague in Sydney’s property scene, this client came to Janet from Buyer Solutions with a clear goal: find the right Melbourne home — fast. They were relocating from Sydney with a firm timeline, hoping to avoid the hassle […]
Short Stay Levy is Now in Effect In Victoria
Buyer Solutions advised clients and readers last year that the Victorian Short Stay Levy was coming on 1st of January, 2025. So, it is now in effect. Please read the following link on the State Revenue Office ( SRO) website to be informed and up to date. If you have a managing agent handling your […]
Busy Buyer Solutions Vendor Advocacy
Busy Buyer Solutions Vendor Advocacy has sold 3 properties recently in South Yarra. An apartment in leafy Kensington Road and two semi detached homes in Quamby Avenue. All met strong demand and have been bought by owner occupiers. We have also sold a renovater’s dream in North Melbourne that met strong competition from three bidders […]
Buyer Beware – What You Need to Know About Garage Conversions
Buyer Beware – What You Need to Know About Garage Conversions By Janet Spencer Converting a garage into a room can be a great way of adding value to your property and getting extra space for an additional bedroom, living space or study or playroom. But, before you rush into it here are a few […]
Buyer Solutions scores 99.36% for customer satisfaction
We are very pleased to announce that Buyer Solutions scores 99.36% for customer satisfaction in 2019. The judging process for the 2019 Australian Achiever Awards for Australia’s Real Estate Services category was completed on 12th of June and Buyer Solutions scored a highly recommended 99.36%. Now into its twenty-second year, the Australian Achiever Awards are […]
Change of loan serviceability rules is great news for borrowers
The recent announcement by Australian Prudential Regulation Authority (APRA) of the change of loan serviceability rules is great news for borrowers. Combined with the defeat of Labor’s negative gearing reforms and the Morrison government’s scheme to help first-time buyers, analysts have begun tipping an end to property price falls across Sydney and Melbourne. Since 2014, […]
REIV Residential Market Index May Update
About the RMX The REIV Residential Market Index (RMX) is a residential property price index (RPPI) designed to provide a current, simple insight into real property price trends in Victoria. An RPPI measures the price change of the stock of residential dwellings over time. The Residential Market Index (RMX) provides an accessible weekly guide to […]