The gap between agents’ advertising and “on the market”

There was a 60% clearance rate this weekend from 619 auctions. There were also over 450 private sales. Of the three properties we purchased last week all were either gazetted auctions or deadline sales. All were purchased prior to the gazetted date. Agents are definitely becoming more open to offers prior to auction when the […]

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Navigating the Melbourne property market.

Clearance rates are stagnating at 60% on very low turnover. The State Government budget this year has Kim Wells pulling his hair out trying to manage the State’s finances. We have data analysts contradicting each other and we have real estate agents telling us how well they are doing. Throw in the uncertainty of variable […]

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