Author Archives: Adam Woledge
Sense of urgency enters Melbourne property market
Not only has the market remained strong since resuming after Easter, there is now a renewed sense of urgency from buyers who feel that if they don’t buy now, they might miss out altogether. On weekends just gone, we have…
Tight stock levels: are you ‘buy ready’?
One may be mistaken for thinking that, since Anzac Day, it is the first weekend out of lockdown again, with queues of potential buyers lining up for up to 15 minutes before scheduled open times to inspect the available properties…
Multiple factors impacting Melbourne property market
The more recent trend toward buyers preferring the ready-to-move-into homes over the ‘renovator’s delight’ or new build sites is potentially here to stay and we are noticing more and more buyers are prepared to pay a premium for it. Another…
Uncertainty for now: how long will this last?
Good properties performed well on Saturday, with multiple bidders, and some had solid results. A number of quality properties have also hit the net over the past couple of weeks and buyer numbers over the weekend were plentiful. One agent quoted 45…
How long are you prepared to place your life on hold?
We are almost six weeks into 2023 and the property market is getting its buzz back. We think the market will remain buoyant until Easter, for the following reasons: Stock levels have increased significantly over the past fortnight and there…
2022 – a year like no other
2022 was a whirlwind year: it seemed like three years of life crammed into one. As a society, we resumed doing things as we had in the past, like travel, holidays away and community sport. It was a year of…
Markets within the market
We believe Melbourne is continuing to run a two-tiered market at the moment: there are the properties buyers want to buy that are in limited supply and then the rest of the market. A good quality, new or renovated family…
Will the market change for Q4 2022?
Will the market change for the final quarter of 2022? Most property platforms (media and databases) have taken to using emotive and sensational phrases to sell their papers and the reports don’t always provide a true reflection of what is…
Media hype not telling full story
Most buyers, sellers and agents have now returned from their mid-year hiatus and, for many, a much-needed break after two very tough years. Despite the media’s best attempts to portray doom and gloom, using the most negative adjectives and…
Winter in Melbourne: is it a good time to buy or sell?
There is no doubt the market has changed since the start of the year. Expectations, sentiment and confidence is lower and the general results support this. Some vendors have been lucky enough over the weekend to have the opportunity to…
