Author Archives: Adam Woledge

2021: a year in review

2021 has been one of the fastest moving years we have experienced in real estate. It wasn’t just a fast rise in the property prices; the entire process was fast. Many properties were selling within the first week of inspections,…

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Market again on hold but strong results prevail for good properties

The rollercoaster continues for the Melbourne property market. Buyer demand remains strong and outweighs market supply. Interest rates remain low, job security for the majority remains positive. Household saving amounts continue to build for some. Clearance rates have been reported…

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Winter selling. Why not?

It has been an uncommon mid-year/school holiday break. Where the property market normally shuts down, it has continued throughout this winter break to allow for interrupted campaigns to conclude (as a result of our last lockdown).  In addition, we have…

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Are things the same or are they different?

So much is the same, and yet many things are now different and could have an impact on the future direction of the property market: Some banks have started to increase their fixed term interest rates. Increases in stamp duty…

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Traditional buying seasons blurred as market remains hot

It has been an interesting two weeks. For the first time since we can remember, we have attended auctions on the middle and last weekend of the ‘Easter’ holidays, as well as a number of new campaigns showing their first…

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Melbourne property market: hot or not?

The Melbourne property market over recent weeks has been particularly strong. We believe one of the reasons is that there is still a great demand and urgency from property buyers to buy, for many reasons: fear of missing out, having…

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Strong market sees record highs

Buyers, sellers, agents, analysts and reporters woke on Saturday morning with an air of optimism as the Melbourne property market hosted the largest auction weekend since the pre-Covid days in early 2020. They weren’t disappointed. Traditionally the end of February…

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Our thoughts as the 2021 property market commences

Welcome back to the 2021 Melbourne property market. What a difference Christmas and New Year can make to media sentiment. The doom and gloom being reported by the media for much of 2020 has now been replaced with positivity and…

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2020: a year in review

It’s hard to believe that we are coming to the end of another year when, in many ways, it feels like we are still just starting 2020. The Melbourne property market has experienced a number of ‘firsts’ this year.  Some…

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Melbourne property market making up for lost time

Off the back of a few weeks of 70% plus auction clearance rates, the property market in Melbourne is humming along nicely. In some cases, prices are surpassing historical records. The auction system is working well for the experienced agents…

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