Category Archives: Market Pulse
Now may be the cheapest time to buy
Now may be the cheapest time to buy. While there is still a strong sense of control, thoughtful buying and sensibility over emotion due to interest rate levels and the cost of living, there is a change in confidence around…
How do you buy a good property in the current Melbourne market?
It was another strong weekend in the Melbourne property family home market, with a clearance rate in the 70% range. Some properties sold strongly, even after they passed in at auction – due to very good (and experienced) selling agent…
Stock to rise but are there many super Saturdays left for 2023?
Stock levels. Very topical subject this time of year. Not much stock has come on the market in the last week or so due to school holidays (many agents and families are away on holiday), and this is causing…
Spring is here but it doesn’t feel like it in the Melbourne property market.
We’ve just had the first weekend of Spring. It was supposed to be a Super Saturday (with over 1100 homes advertised for auction), but it just didn’t feel like it. The clearance rate figure advertised was not totally accurate, with…
Don’t rely on the auction date: your dream home could sell before you’re ready
The first few weeks back from the winter break have been fast paced and sometimes even desperate. Some properties have sold within hours of the first inspection. 34 Yarrbat Avenue Balwyn, 90 Adeney Avenue Kew, and 43 Hardy Street South…
An imbalance beyond the seesaw seems set to continue
With the depths of winter and school holidays almost behind us, we are hopeful that stock levels will be on the rise and some of the nervousness demonstrated by vendors, unsure whether it’s the right time to sell or not,…
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…
