Melbourne Auction Results

Melbourne Auction Results – September 15, 2014

By Peter Sarmas on 15 Sep 2014 No Comments yet, your thoughts are very welcome

The first preliminary AFL round didn’t affect Melbourne's auction results or property buyers at all. Melbourne’s clearance rate was 75 per cent from 818 auctions. According to REIV figures, the top Melbourne property auction locations were Prahran, Glen Iris and Coburg. ...

Melbourne Auction Results – September 8, 2014

By Peter Sarmas on 8 Sep 2014 No Comments yet, your thoughts are very welcome

The REIV expects a bumper September as more than 2,100 properties will be auctioned over the next two weekends, surpassing last year’s 1800 property auctions for the same period, a true test for Melbourne's property market. Will the new supply meet demand, or will there be a rush of new property buyers ...

Melbourne Auction Results – September 1, 2014

By Peter Sarmas on 1 Sep 2014 No Comments yet, your thoughts are very welcome

Melbourne auction results show passed in properties have sold on the day or within a day or two of the auction, but I believe we will see less of this going forward with second grade stock, especially as property listing numbers are set to increase over the Grand Final weekend. This is a very bad time to be auctioning a property ...

Melbourne Auction Results – August 25, 2014

By Peter Sarmas on 25 Aug 2014 No Comments yet, your thoughts are very welcome

The latest general consensus from what we are hearing and seeing on the ground is that the Melbourne property market is far from even. Some Melbourne properties are attracting 50-plus buyers and multiple bidders, while others aren’t attracting any bidders at all. It’s all about the quality of property and area at the moment ...

Melbourne Auction Results – August 18, 2014

By Peter Sarmas on 18 Aug 2014 No Comments yet, your thoughts are very welcome

The sounds of a property bubble are getting louder, and yes, with every boom there is a bust, but many experts have been calling a bubble for years now, and property prices have continued to defy them. Melbourne property prices are up 9.8 per cent and Sydney property house prices are up over 15 per cent for the year ...

Melbourne Auction Results – August 11, 2014

By Peter Sarmas on 11 Aug 2014 No Comments yet, your thoughts are very welcome

Due to a tightening property supply in Melbourne, it’s thought that we will see a more stable property market rather than a boom bust situation. Robert Larocca of RP Data believes that the gradual reduction in the number of properties coming onto the market could mean that property buyers ...

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