The auction clearance rates keep pushing through the 70’s barrier even though much of the weather has turned towards winter. With over 700 auctions already scheduled for next week and with only one long weekend in the distant calendar, I can see the Melbourne property market continuing on to further heights. The Federal election due […]
Getting information from newspapers about how the property market is going is like asking a spin doctor to “just tell the truth”! But you can get information from papers and other sources; it is the opinion or the conclusions that are not necessarily accurate. Anybody thinking about property investment at the moment has probably seen […]
With talk from the federal government of limiting Negative Gearing, many commentators are talking about seeing massive changes to property investment and to this end a potential property crash. And many of these alarmists have talked about the stock market crash being the end of people investing. There are going to be changes in what […]
Many Real Estate offices in Melbourne will start to see the mass staff exodus for warmer climates over the next 4 – 6 weeks. Stock levels have reached their lowest levels for the year and will stay at this point for about 6 – 8 weeks until spring brings out the vendors who want to […]
After 8 months of electioneering, we are finally going to get a chance to move on without politicians being front and centre of the media. With the current trends in the Melbourne auction scene, the only thing the announcement will do is slow down a few vendors. Currently the clearance rate sits well over 70% […]
