WCTB Real Estate

With stage 4 restrictions now in place across metropolitan Melbourne due to a spike in COVID-19 cases, tenants are seeking clarification about how these new restrictions will impact their living arrangements.

Victorian Premier Daniel Andrews specified that property and real estate, among other industries, will close for six-weeks under the tighter restrictions, with home inspections and home auctions to continue online.

All Melburnians have to adhere to strict guidelines during the six-week lockdown period.

This has left many landlords, tenants and property managers confused about how to proceed, and with such high penalties for breaching stage 4 rules ($1,652

54% of Redfin offers faced bidding wars last month amid record-low mortgage rates and an acute shortage of homes for sale. Salt Lake City was the most competitive market, with 75% of offers encountering competition.

More than half of Redfin home offers faced competition in July for the third month in a row. Nationwide, 54% of Redfin offers encountered bidding wars last month, down slightly from June’s revised rate of 56%.

An offer is considered part of a bidding war if a Redfin agent reported that it received at least one competing bid.

Even as the coronavirus pandemic continues to

Leafy, family-focused enclaves, new developments and “old Canberra” suburbs have been dominating buyer wishlists, as new search data reveals the most popular streets in the city.

Canberra’s most in-demand streets – ranked by the number of views per listing within a suburb over the past three years – reflect a trend for affordable family areas as well as established locations, well-serviced by green space and amenities.

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Inner south cottage with a ‘fernery’

Streets with less than fives homes for sale over that

Sydney Roosters coach Trent Robinson and wife Sandra Stefan have quietly bought in Bronte.

But they continue to rent nearby, after paying $4m for the early 1900s semi which hadn’t traded for over three decades.

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Robinson and his wife Sandra have lodged renovation plans. (Photo by Cameron Spencer/Getty Images)

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They have lodged $484,000 renovation plans from Randwick-based Chapman Architecture.

It will see the two-bedroom home, single storey house on

Low mortgage rates, spending more time at home and working from home are driving forces for people moving due to the coronavirus pandemic. 

Three-quarters of homebuyers say the coronavirus pandemic has impacted their homebuying plans, according to a survey of more than 1,000 people who are planning to buy a home within the next 12 months conducted by Redfin from July 19-21. Furthermore, one-quarter of homebuyers said it has caused them to move and/or speed up their moving timeline.

Sixteen percent of respondents said the pandemic has caused them to want to move and 15% said it has caused them