Author Archives: Adam Woledge

25 March 2020

To our valued clients and the larger community, Out of respect for those who have lost jobs or may be entering difficult financial times, we won’t be providing market updates or posting on social media sites. While we can, we…

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22 February 2020

  Saturday was the first auction weekend for 2020 with genuine volume.  It was a mixed day, with a number of homes selling well above the quoted ranges and reserves, others passing in around or just above the range and selling…

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1 February 2020

Welcome back to the 2020 Melbourne property market. It was the first solid weekend of inspections and, despite the weather, which was anything but predictable, expectations didn’t sway, with a continuation from where we concluded in 2019 – low stock,…

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30 November 2019

As 2019 comes to an end, buying a home in one of the world’s most liveable cities remains a challenge. We believe a combination of factors have contributed to this. The first half of the year was cautious, as vendors…

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26 October 2019

Saturday was the first test of the rising Melbourne market under the pressure of volume and, in general, it held up surprisingly well. We feel the ‘in demand’ quality homes, such as well-located single-storey homes, downsizer homes, large family homes…

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12 October 2019

Buying good homes in Melbourne is about to become even harder. Why do we say that? We think the market we are currently in (whether prices are up or down) is the new normal and will be for at least…

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14 September 2019

The third quarter Melbourne Market for 2019 has been anything but predictable. We have seen consistently high clearance rates, above 70%, since July and very low increases in stock levels.  Why?  Because there are more people wanting to buy in…

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31 August 2019

The market continues to perform strongly, on low stock levels, since it resumed after the Winter break. Clearance rates have been solid and many properties have seen multiple bidders again, particularly the good ones (ie well located, orientated, functional floorplan,…

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27 July 2019

With mid-year school holidays over and Spring on the horizon, the Melbourne property market becomes all the more topical. The ‘Confidence Swing’ after the election appears to have been very positive, with buyers far more confident to transact now. Inspection numbers…

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22 June 2019

  We have seen a steady rise in auction clearance rates in May and June. Low stock levels, the election result certainty and the more recent interest rate reduction has installed some confidence back into Melbourne buyers. Buyers also seem…

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