Category Archives: Market Pulse

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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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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25 May 2019

With the election and most other distractions out of the way, buyers and sellers can now focus on the remainder of 2019, although not until after the mid-year holidays. It was interesting to witness the difference one weekend made to…

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4 May 2019

With the second quarter for 2019 now well underway, it feels like we are entering a two-tiered market. What do we mean by that? There’s the old stock that has been around, some of it since 2018, which is either…

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23 March 2019

The current market conditions are testament to why we always encourage people to buy well and buy an ‘A’ grader. In a flatter, or lower, market, these are the properties that will hold their price or value. In addition, we…

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23 February 2019

The first big test weekend for 2019 has passed somewhat smoothly, albeit a far cry from the start of 2017 and even 2018. Most of the properties we attended had bidding, even if it was from only one party, with…

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