Melbourne Auction Results

Melbourne Auction Results – October 27, 2014

By Peter Sarmas on 27 Oct 2014 No Comments yet, your thoughts are very welcome

This weekend a record 1641 properties were auctioned in Melbourne – beating the previous high of 1619 on the same weekend last year. The Melbourne property market often peaks at this time in October, as vendors and agents take a breather on the following Melbourne Cup weekend ...

Melbourne Auction Results – October 20, 2014

By Peter Sarmas on 20 Oct 2014 No Comments yet, your thoughts are very welcome

Financial commentator Michael Pascoe delved a little deeper into why first home buyer numbers are falling in the Melbourne property market. Unfortunately for those click baiting publishers, foreign buyers aren’t the reason for their perceived decline. But more of that after we cover this weekend’s auction activity across Melbourne. ...

Melbourne Auction Results – October 13, 2014

By Peter Sarmas on 13 Oct 2014 No Comments yet, your thoughts are very welcome

There seem to be early signs that the Melbourne and Victorian property market has peaked. According to economist Dr Andrew Wilson, Melbourne recorded its lowest clearance rate for two months. Though September set a new all-time record for Melbourne auction numbers, the property market trend is now falling as supply increases ...

Melbourne Auction Results – October 6, 2014

By Peter Sarmas on 6 Oct 2014 No Comments yet, your thoughts are very welcome

Glorious weather over the weekend in Melbourne helped the enthusiast property buyers looking to secure their home before the end of this year. But what is actually happening in the property market at the moment, and what is the Reserve Bank doing about interest rates making lending tougher for property investors? ...

Melbourne Auction Results – September 29, 2014

By Peter Sarmas on 29 Sep 2014 No Comments yet, your thoughts are very welcome

Though most of Victoria was glued to the football this week, instead of concerned with Melbourne's auctions or the results of our property market, true property lovers were still talking about another issue: how the Reserve Bank will work with the Australian Prudential Regulating Authority to limit the apparent bubble ...

Melbourne Auction Results – September 22, 2014

By Peter Sarmas on 22 Sep 2014 No Comments yet, your thoughts are very welcome

Chris Vedelago wrote an interesting story in Sunday’s Age. It was about the latest crime rates in Melbourne and regional Victoria and discussed which Melbourne suburbs and towns had the greatest incidences of crime. I believe this sort of information plays a major role in the decision-making process when entering the Melbourne property market ...

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