Melbourne Auction Results

Melbourne Auction Results – June 8th, 2015

By Peter Sarmas on 7 Jun 2015 No Comments yet, your thoughts are very welcome

In this week's market wrap Pete Wargeant reports on the Sydney real estate property market which seems to be locked in a "frenzy". We also look at Sharon Fox-Slater's report of tenants on low incomes- rural rooming houses, city “slums in the sky” and accommodation-for-sex advertisements are becoming symptoms of a tough rental market. ...

Melbourne Auction Results – June 1st, 2015

By Peter Sarmas on 31 May 2015 No Comments yet, your thoughts are very welcome

Will we see another rate cut this month? Peter Sarmas looks at the current state of the economy and in particular the data released on Capital Expenditure Spending (CAPEX). He also analyses the latest Westpac-Melbourne Institute Consumer Sentiment Index and survey which was conducted between the 11th and 16th of May. ...

Melbourne Auction Results – May 25th, 2015

By Peter Sarmas on 24 May 2015 No Comments yet, your thoughts are very welcome

Last weekend saw another big week for Melbourne property auctions with the East and Inner South areas showing the most strength for both houses and units. This week Peter Sarmas reports on new lending laws for property investors and he discusses the report released by Infrastructure Australia. ...

Melbourne Auction Results – May 18th, 2015

By Peter Sarmas on 17 May 2015 No Comments yet, your thoughts are very welcome

Following Treasurer Joe Hockey's “Have a Go” Budget, the Aussie dollar rising to 81 cents and the recent rate cut by the RBA, the property market is seeing a rise in multiple biddings, with many reserve prices being smashed. Peter Sarmas takes a close look at the outstanding auction results on Saturday and the incredible performance of private sales in the eastern suburbs. ...

Melbourne Auction Results – May 11th, 2015

By Peter Sarmas on 10 May 2015 No Comments yet, your thoughts are very welcome

Rising auction clearance rates this year have predictably translated into solid price growth. Melbourne’s median house prices increased by 2.2 percent over the March quarter to a new record high of $638,448. Peter Sarmas reports that the latest round of interest rate cuts seems to really have sparked some sort of frenzy in certain areas and for certain property types. ...

Melbourne Auction Results – May 4th, 2015

By Peter Sarmas on 3 May 2015 No Comments yet, your thoughts are very welcome

In this week's market wrap Peter Sarmas talks about this weekend's bumper real estate auction results and clearance rate. 905 properties were auctioned over the weekend with an 80 per cent clearance rate. He also discusses the Aussie share market and how it will impact the real estate property market. ...

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