Melbourne Auction Results

Melbourne Auction Results – June 2, 2014

By Peter Sarmas on 2 Jun 2014 No Comments yet, your thoughts are very welcome

There is no denying that the Melbourne property market has held its ground in what has been an avalanche of property auctions for May. With both Marshall White and Bennison Mackinnon recording their best month ...

Melbourne Auction Results – May 26, 2014

By Peter Sarmas on 26 May 2014 No Comments yet, your thoughts are very welcome

There is no doubt the Melbourne property market is holding firm in spite of the large number of listings auctioned over the weekend . As reported by the REIV there was a clearance rate of 73 per cent from 1017 listed properties which has risen from 70 per cent last week and has also surpassed last year’s 69 per cent for the same period. ...

Melbourne Auction Results – May 19, 2014

By Peter Sarmas on 19 May 2014 2 Comments

For those following my weekly market wraps would recognise that there has been a genuine concerned surrounding the Coalition’s Budget cuts released last week. With consumer sentiment falling in April and having to pay for Labour’s mismanagement of the economy, I predict a very average auction clearance rate over the weekend ...

Melbourne Auction Results – May 12, 2014

By Peter Sarmas on 12 May 2014 No Comments yet, your thoughts are very welcome

Over the weekend the REIV reported a clearance rate of 70 per cent from 576 auctions compared to 69 per cent last week and 70 per cent for the same time last year. However, this is concern surrounding tomorrow's budget release ...

Melbourne Auction Results – May 5, 2014

By Peter Sarmas on 5 May 2014 No Comments yet, your thoughts are very welcome

With the Federal Budget soon to be announced there are a few dark clouds lingering over the property market, yet there are still no signs of the property market abating if the weekend results are anything to go by. As it is important to recognise that the Melbourne property market has experienced a record number of auctions already, this year ...

Melbourne Auction Results – April 28, 2014

By Peter Sarmas on 28 Apr 2014 No Comments yet, your thoughts are very welcome

The Anzac long weekend produced the lowest clearence rate for the year and the enormous inequalities in the market could be to blame. As reported by The Age over the weekend, medium-to-large family residences and some entry-level properties could face reduced demand over winter ...

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