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 …
Guide To Selling Your Melbourne Home In Summer
Selling your Melbourne home in the heat of mid-summer can have its challenges, but it also provides an opportunity to showcase some of the most enticing features of your property. But first, you should start by decluttering and deep cleaning before the marketing campaign begins. Remember to clean your windows, glass doors, bathrooms, kitchen, laundry, floating floors and floor tiles so that …
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Interest Rates Unchanged
There was no pre-Christmas goodwill for mortgage holders today, as the Reserve Bank of Australia announced its decision to leave the cash rate unchanged at 4.35%. The key reasons given for today's decision can be summarised - or reiterated - in three main points: Status quo for now, but experts predict a drop in interest rates next year, although we may have to wait until mid-year to see …
Melbourne Weekend Auction Results
For the week ending the 30th November 2024, a total of 1319 auctions were reported in Victoria. There were 783 homes sold at auction this week, with 132 properties withdrawn and 404 homes passed in. According to data from Domain, there was a clearance rate of 59%. If you have already found a property you are interested in and would like a professional to help in securing the property for …
Melbourne Weekend Auction Results
For the week ending the 7th December 2024, a total of 747 properties were scheduled to go under the hammer in Victoria. There were 404 homes sold at auction this week, with 180 homes sold prior to auction, 1 sold after auction and 162 homes passed in. According to data from the Real Estate Institute of Victoria, there was a clearance rate of 78%. If you have already found a property you …
Decoding Auction-Speak And Tips For Winning At Auction
Victoria's property auction season is in full swing. When there are more buyers than properties, auctions enable vendors to sell for the best possible price. But many buyers find bidding at auction quite stressful, so let’s make it a little easier by explaining some of the auction sales jargon and giving you a few tips on how to win at auctions. Auction terms you'll hear frequently: Tips …
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