Melbourne Auction Results | 21st April 2018

The auction market in Melbourne slowed again on Saturday recording a lower clearance rate of 61 percent compared to last week’s 68 percent. The number of scheduled auctions, however, went up to 756 from 731 the previous week. The number of reported auctions also increased to 581 while the total number of properties sold was[…]

Melbourne Auction Results | 14th April 2018

Melbourne’s auction market further improved on Saturday recording a 68 percent clearance rate last weekend’s 66 percent. The number of scheduled auctions also went up to 731 from 601 the previous week. The current clearance rate was also higher compared to the same weekend last year. The number of reported auctions increased to 553 and[…]

Melbourne Auction Results | 7th April 2018

Melbourne’s auction market achieved a 66 percent clearance rate on Saturday, an improvement from last weekend’s 61 percent. The number of scheduled auctions also went up to 601 from 25 the previous week. The number of reported auctions increased to 477 and the total number of properties sold was 333. Total sales recorded was more[…]

Areas With Best and Worst Median House Price Hikes in 20 Years

Median house prices in Australia have been increasing over the past two decades. Topping the list are Melbourne and Sydney. Nationally, the median selling prices of residential properties have risen at an annual rate of 7.2 percent. This means that property prices have doubled over 10 years. Council Areas with Highest House Price Hikes Over[…]

Melbourne Auction Results | 31st March 2018

Melbourne’s auction clearance rate slipped further on Saturday with 61 percent compared to last weekend’s 65 percent. The number of scheduled auctions dropped to 25 from the previous 1,715 as the property market slows down due to the Easter break. The number of reported auctions was down to 15 while the total number of properties[…]

Melbourne Auction Results | 24th March 2018

Melbourne’s auction market recorded a lower clearance rate on Saturday at 65 percent compared to last weekend’s 68 percent. The number of scheduled auctions, however, was still high at 1,715 up from last week’s 1,406. The number of reported auctions was 1,303 while the total number of properties sold was 863. Total sales recorded was[…]

How to Profile a Suburb

Buying a home is one of the most important decisions a person makes in their life. As such, it should not be rushed. Time should be taken to research and plan. This will make sure that you buy the property of your dreams in the right location and within your budget. When choosing a property[…]

Melbourne Auction Results | 17th March 2018

Melbourne faced a large volume of auctions again on Saturday with more than a thousand properties achieving a clearance rate of 68 percent, slightly down from last weekend’s 72 percent. The number of scheduled auctions jumped to 1,406 from only 312 during the Labour Day long weekend. The number of reported auctions was 1,094 while[…]

Melbourne Auction Results | 10th March 2018

The auction market in Melbourne recorded a 72 percent clearance rate on Saturday, up from last weekend’s 66 percent. The number of scheduled auctions, however, fell to 312 from the 1,306 figure last week. The low auction volume was expected owing to the Labour Day long weekend. The number of reported auctions was 194 while[…]

Melbourne Auction Results | 3rd March 2018

Melbourne recorded a lower auction clearance rate on Saturday with 66 percent from last weekend’s 69 percent. More than a thousand homes were still auctioned on the first weekend of the autumn selling season. The total number of scheduled auctions was at 1,306 compared to last weekend’s 1,380. The number of reported auctions was 989.[…]