Auction Snapshot: Saturday 16 September
What’s happening in the market… On Saturday, Melbourne had an average auction price of $881,000. The Domain Group stated, “the best results for sellers are occurring in the affordable outer suburbs. In...
View ArticleAuction Snapshot: Saturday 23 September
What’s happening in the market… The Domain Group stated that “the number of first-home buyers using stamp duty concessions has more than doubled after the state government introduced several savings...
View ArticleAuction Snapshot: Saturday 7 October
What’s happening in the market… 809 properties went to auction on the weekend with a median price of $750,000 reached, a nice change from the short break Melbourne experienced on the weekend prior due...
View ArticleAuction Snapshot: Saturday 21 October
What’s happening in the market… The Domain Group highlighted that in order to buy larger blocks, buyers are moving to areas further away from their current homes. “Many of the would-be purchasers...
View ArticleAuction Snapshot: Saturday 28 October
What’s happening in the market… The Domain Group highlighted that, “the incidence of good-quality properties tearing away at auction to a final sale price 20 per cent or more above reserve is still...
View ArticleAuction Snapshot: Saturday 11 November
Saturday 11 November Number of reported auctions in Victoria: 808 Clearance rate: 73% Auction highlights… 3/51 Wellman Street, Box Hill South Resting in the prized rear position of an immaculate...
View ArticleAuction Snapshot: Saturday 18 November
What’s happening in the market… New laws have been put into place after the introduction of the policies earlier this year. “Foreign owners will be slugged with an annual fee if their property is left...
View ArticleAuction Snapshot: Saturday 25 November
What’s happening in the market… The Domain Group highlighted how first home buyers are choosing their homes based on the proximity to the city, with old apartments becoming increasingly popular....
View ArticleAuction Snapshot: Saturday 9 December
What’s happening in the market… We can’t believe it’s now December, with only one major auction weekend left for 2017 and the Christmas season rapidly approaching! The Domain Group highlighted how...
View ArticleAuction Snapshot: Saturday 16 December
What’s happening in the market… Melbourne achieved a decent clearance rate of 68.8% on the last major auction weekend of 2017! Although clearance rates in Melbourne haven’t been quite as strong as the...
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