Melbourne Real Estate: Australian Housing Market In Midst of Boom
Melbourne real estate: Australian housing market in midst of boom Brought to you by Realestate.com.au - Samantha Landy Australian home values have risen by their fastest monthly rate since 2003, putting the nation “in the midst of a boom” that’s notably being buoyed by resurgent Melbourne and Sydney...
Market Update | 20 & 21 February 2021
Following the events of Victoria’s snap 5-day lockdown last week, Melbourne’s property market returned for its first Super Saturday of the year, which saw a remarkable 823 auctions recorded across the state. Interestingly, the on-site ban of auctions and inspections during lockdown resulted in many agents choosing to reschedule...
Rob Fletcher in Market Updates
January Rental Market Update
In the passing month, a total of 66 properties were leased during the period 1/01/21 to 31/01/21 by our Property Management team. A steady flow of rentals continue to hit the market and tenant demand also continues to be strong with a solid increase on the volume or rentals leasing in Melbourne's outer east. Statistical...
Adrian Lieschke in Market Updates
Market Update | 13 & 14 February 2021
Melbourne is mid-way through a strict 5-day Stage 4 lockdown, following a temporary ban on in-person auctions and inspections as the Victorian Government works to get a new COVID-19 cluster under control. During this time, the Real Estate Institute of Victoria has outlined the temporary restrictions to real estate services and are currently...
Rob Fletcher in Market Updates
Market Update | 30 & 31 January 2021
Record low interest rates and government incentives continue to have a positive impact on the property market, despite the economy still being in recovery-mode. The Domain House Price Report shows that apartment prices in Melbourne, for example, finished 2020 up by 2.5%. Middle-ring suburbs such as Burwood, Williamstown, Blackburn and Hampton...
Rob Fletcher in Market Updates
Wounded Under-Bidders Set To Drive Property Prices As 2021 Begins
Wounded under-bidders set to drive property prices as 2021 begins Brought to you by Domain.com.au - Sue Williams Under-bidders who’ve missed out at fiercely competitive December auctions are set to drive the property market in the first half of 2021, with their desperation to buy a home exacerbated by the fear of future rising...
December Rental Market Update
In the passing month, a total of 73 properties were leased during the period 1/12/20 to 31/12/20 by our Property Management team. A steady flow of rentals continue to hit the market, tenant demand also continues to be strong with a solid increase on the volume or rentals leasing in Melbourne's outer east. Statistical Summary Property...
Adrian Lieschke in Market Updates
Market Update | 16 & 17 January 2021
The Real Estate Institute of Victoria has reported a landmark increase in median house prices in Victoria following the release of their quarterly December report. Marking the largest increase in median values since the year 2000, metropolitan houses in Melbourne have now surpassed a median value of $900,000, jumping by 9.5 per cent from the...
Rob Fletcher in Market Updates
Market Update | 9 & 10 January 2021
Making a momentous comeback from this time last year - when just 339 auctions were recorded, Victoria is seeing a swift reopening of the property market this Summer, with 992 auctions reported in the state over the weekend. Of those, 82% of properties scheduled for auction sold on the day, bringing in a total auction volume of $763 million...
Rob Fletcher in Market Updates
Digital Marketing: Is It Worth the Spend?
With most people spending over 20 hours per week online and on social media, we all know it’s time to take digital marketing seriously! Incorporating Google display and search ads, plus Facebook, Instagram and other social networking posts and ads, digital marketing is an integral way to reach people now. A key reason why you should...
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A Home for Modern Children November 19thIn today's fast-paced, hyper-connected world, the age-old adage "There's no place like home" holds...
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Market Update | 16 & 17 November 2024 November 19thAuction activity continued to ramp up over October, with the weekly auction count by CoreLogic exceeding the 3,000 mark...