Market Update | 14 & 15 December 2024
Property prices have risen throughout the year across the country, though the rate of growth has slowed from the fast pace seen earlier in the year. As the year draws to a close, we have just one more auction weekend for 2024, with many buyers seeking to secure a property before the festive slowdown. Hottest Family Suburbs for...
Jeremy Desmier in Market Updates
Keep It Real: The Eras Tour - Sarah's Version
With an impressive 15-year journey with the company, Sarah's story is one of dedication, growth, and passion. Starting her career with Fletchers in administration, Sarah quickly demonstrated her exceptional skills and work ethic, leading to her promotion to Chief Marketing Officer (CMO). In that role, she played a pivotal part in shaping the...
Prue Fletcher in Media
Market Update | 7 & 8 December 2024
The end of the year is almost upon us, with the break for Christmas within arm’s reach! We will have just two more auction weekends for 2024 and before we know it, it will be the start of a brand new year. RBA Interest Rate Announcement: The eagerly awaited pre-Christmas interest rate announcement saw the Reserve Bank of Australia...
Jeremy Desmier in Market Updates
Market Update | 30 November 2024
The Spring selling season has officially come to an end and now we look forward to a few more auction weekends before a short break to celebrate the festive season. It may be close to the end of the year, but there is still a lot of activity happening in the property market! PropTrack Home Price Index – November 2024: National home...
Jeremy Desmier in Market Updates
Market Update | 23 & 24 November 2024
We absolutely sweltered over the weekend, with temperatures in Melbourne well over 30 degrees! We offered iced coffees and cold drinks at several of our auctions, helping to keep buyers stay cool. It is hard to believe that next weekend will be the final auction weekend of the Spring selling season. Early rate cut would see values...
Jeremy Desmier in Market Updates
Market Update | 16 & 17 November 2024
Auction activity continued to ramp up over October, with the weekly auction count by CoreLogic exceeding the 3,000 mark across the country for the second time this year, over the week ending 27 October. Home Prices Staging a Comeback: Home prices across the country have hit a record high in October, new data shows, with most capital...
Jeremy Desmier in Market Updates
Market Update | 9 & 10 November 2024
As we come to the end of the year and start to consider what the 2025 property market will look like, it is pleasing to see that home prices across the country hit a record high in October. Auction numbers have once again increased, after the Melbourne Cup public holiday saw many Victorians enjoy an extra-long weekend. Median House Prices...
Jeremy Desmier in Market Updates
Market Update | 2 & 3 November 2024
The race that stops a nation has come and gone, and now we’re enjoying the last month of the Spring selling season before the lead up to Christmas. Interest Rates on Hold: The Reserve Bank of Australia (RBA) left interest rates steady at 4.35% once again, for the eighth meeting in a row. Whilst the inflation rate has trimmed down to...
Jeremy Desmier in Market Updates
Market Update | 26 & 27 October 2024
With one month remaining in Melbourne’s Spring market, prospective buyers continue to be spoilt for choice with over 1,600 auctions held across the state over the weekend. We’ll consider the property market forecast for 2025 in this update, as well as the wrap on the auction weekend that was! Melbourne Property Market Forecast for...
Jeremy Desmier in Market Updates
Market Update | 19 & 20 October 2024
Another busy week in real estate has gone by, as 2024 continues to fly by! Victorian suburbs with home prices tipped to grow Melbourne suburbs tipped for a population-driven home price recovery in 2025 include Keilor East, St Kilda East, Glen Waverley, Altona North and Spring Gully in Bendigo. The head of one of Australia’s largest...
Jeremy Desmier in Market Updates
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Market Update | 14 & 15 December 2024 December 17thProperty prices have risen throughout the year across the country, though the rate of growth has slowed from the fast...