Around the country property experts have gathered to compile their list of the Top 100 Suburbs To Watch In 2025 - so how did Melbourne fare? Pretty well in fact, with 17 suburbs making the list that assesses price growth potential based on a comprehensive set of lifestyle, demographic and economic drivers such as affordability, amenities, family appeal, location and infrastructure, amongst …
Melbourne Weekend Auction Results
For the week ending the 1st February 2025, a total of 537 properties were scheduled to go under the hammer in Victoria. There were 379 homes sold at auction that week, with 100 homes sold prior to auction, 4 sold after auction and 54 homes passed in. According to data from reiv.com.au, there was a clearance rate of 90%. If you have already found a property you are interested in and would …
What Can Melbourne Property Buyers Afford?
If you're trying to establish a foothold in the property market and struggling, recent data from CoreLogic might explain why. The median house price in Melbourne is $860,000 according to CoreLogic data. But their modelling shows that if an average household with a gross annual income of $100,000 saved a 20% deposit, they could only borrow enough to buy a property worth $513,000 - without …
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Melbourne Weekend Auction Results
For the week ending the 26th January 2025, a total of 257 properties were scheduled to go under the hammer in Victoria. There were 102 homes sold at auction that week, with 23 homes sold prior to auction and 60 homes passed in. According to data from realestate.com.au, there was a clearance rate of 58%. If you have already found a property you are interested in and would like a …
New ATO Rule For Property Sellers
Usually it's the Victorian government making new rules that affect Melbourne's property market, but this time it's the Australian Tax Office. The ATO have kicked off 2025 with a new rule which will affect Australian homeowners who sell property from the 1st January, 2025. Australian residents (for tax purposes) selling property in Australia are now required to provide the purchaser with a …
Melbourne Weekend Auction Results
For the week ending the 20th January 2025, a total of 122 properties were scheduled to go under the hammer in Victoria. There were 38 homes sold at auction that week, with 10 homes sold prior to auction, 2 sold after auction, and 24 homes passed in. According to data from realestate.com.au, there was a clearance rate of 52%. If you have already found a property you are interested in and …
Property Market Predictions – Melbourne 2025
It's a bit of a grim outlook for Melbourne homeowners if they're planning to sell in 2025, with experts suggesting Melbourne’s property market could perform the worst of all Australian capital cities in the coming year. The gloomy forecast is backed by PropTrack's December 2024 Home Price Index which showed Melbourne property prices fell by the second largest margin of all Australian capital …
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Melbourne Weekend Auction Results
For the week ending the 21st December 2024, a total of 237 properties were scheduled to go under the hammer in Victoria. There were 152 homes sold at auction that week, with 60 homes sold prior to auction, 2 sold after auction, and 23 homes passed in. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 90%. If you have already found a property you …
4 Signs You Are Ready To Sell
Selling your home is a big decision, and one many people struggle with for quite a while before they actually go ahead. Here are four signs that you are ready to sell: 1. Favourable Market Conditions When there are more buyers than there are houses for sale, it is a seller’s market. And if increasing property prices coincide with short supply, that is a great time to sell. BUT selling with …
Melbourne Weekend Auction Results
For the week ending the 14th December 2024, a total of 590 properties were scheduled to go under the hammer in Victoria. There were 319 homes sold at auction this week, with 180 homes sold prior to auction and 91 homes passed in. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 85%. If you have already found a property you are interested in and …
