Housing Market Remains Strong in Wyndham
Housing market remains strong Brought to you by wyndham.starweekly.com.au - Alesha Capone The Victorian property market is holding firm in the face of COVID-19, according to the Real Estate Institute of Victoria. REIV president Leah Calnan last week said that despite predicted “doom and gloom”, the market was still...
Harpreet Walia in Market Updates
Market Update | 18 & 19 July 2020
Victoria’s second weekend of stage 3 lockdown restrictions saw buyers and sellers continue to adjust to new conditions in the market, with Melbourne recording its highest number of online auctions over the weekend. Slightly down on the previous week, Victoria’s auction clearance rate of 82% continues to show strong signs of market...
Rob Fletcher in Market Updates
Market Update | 11 & 12 July 2020
Melbourne’s first auction weekend since the reintroduction of stage 3 restrictions passed their first test on Saturday, with the REIV reporting a preliminary clearance rate of 88% for the state. Despite a drop in the number of scheduled auctions, the growing familiarity with online auctions allowed agents to promptly make the necessary...
Rob Fletcher in Market Updates
June Rental Market Update
Throughout the month of June, the Fletchers Property Management team has leased a total of 65 properties. This is an increase of 23 properties (55%) from the same time last year with 42 lettings occurring in June 2019. Well done team! Properties Leased: 65 Inspections Conducted: 497 Tenant Enquiries: 2,815 If you are...
Adrian Lieschke in Market Updates
Market Update | 13 & 14 June 2020
A further easing of COVID-19 restrictions is set to take place on 22nd June, which will allow up to 50 people to attend public auctions and open for inspections. AMP Capital Chief Economist, Shane Oliver, said ‘the longer, slower pace of the easing of restrictions’ was ‘having an impact’ on the industry, with...
Rob Fletcher in Market Updates
Victoria’s Property Market Bounces Back with Increased Buyer Activity & Consumer Sentiment
Australia’s accelerated road to recovery from the COVID-19 epidemic has welcomed a rise in consumer confidence, as state and federal governments commit to ensuring a COVIDSafe society for the second half of the year. The Melbourne Institute and Westpac Bank Index of consumer sentiment climbed for its second straight month in June by...
Beth Oleyar in Market Updates
Market Update | 6 & 7 June 2020
So far this month, the real estate industry has continued to take positive steps forward on the road to recovery amid the coronavirus pandemic, which has surpassed 7 million cases globally. The Queen’s birthday long weekend saw several demonstrations for the Black Lives Matter movement take place in most major cities across the country...
Rob Fletcher in Market Updates
Auctions and Inspections Open for 20 People as Restrictions Ease in Victoria
Auctions and inspections open for 20 people as restrictions ease in Victoria Brought to you by Domain - Melissa Heagney Up to 20 people will be allowed at auctions and open-for-inspections in Victoria from next week, as social distancing restrictions are eased across the state. The restrictions, introduced to stop the spread...
Market Update | 23 & 24 May 2020
As restrictions ease across Victoria, up to 20 people will be allowed at on-site auctions and open for inspections from Monday 1st June, with the spread of COVID-19 remaining low. In an official statement from Premier, Daniel Andrews, ‘auctions and open for inspections will be subject to the 20 person limit, plus those required to...
Rob Fletcher in Market Updates
Market Update | 16 & 17 May 2020
Operating within the new guidelines provided by the Victorian Government, the real estate industry is pleased to resume on-site auctions and open for inspections with restrictions being eased across the state. Limited to a maximum number of 10 members of the public, plus the minimum amount of people required to facilitate the process, both...
Rob Fletcher in Market Updates
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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...