Category Archives: Market Pulse

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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9 February 2019

In vast contrast to last weekend’s sweltering conditions, the temperature on Saturday hovered around 15 degrees for most of the day with heavy showers and intermittent squalls … but that’s Melbourne! What was the same, surprisingly, was the number of…

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2 February 2019

The 2019 property market started positively on Saturday. Perfect weather, some good choices among the new listings and plenty of interested buyers inspecting homes.  While we saw many new faces, there were also a number of more familiar faces out…

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1 December 2018

Saturday was the last of the ‘big volume’ auction weekends, as the 2018 property market winds up for Christmas. While the general clearance rate was under 50% again (for the reported properties), we thought we would focus on some stats,…

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17 November 2018

It was another mixed round of results on the weekend.   Vendors with sold stickers were likely to be feeling relief after the clearance rate statistics (47%) were posted on Saturday evening. More than ever, buyers need to be aware that…

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27 October 2018

  We believe the weekend results confirm our previous reports that Melbourne is running a two-tiered market. The well positioned, correctly priced and increasingly scarce properties are attracting good competition and some strong results (particularly if the property suits the…

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