Buyers Bid With Confidence, Eager to Step Off Buyer Train

Buyers Bid With Confidence, Eager to Step Off Buyer Train

Last week’s interest rate cut, the first in 12 months, highlighted favourable buying conditions and confirmed confidence in the property market. Investors, couples and families looking to upgrade all responded well, with a notable increase in buyer inquiry. Competitive buyer interest, coupled with a limited number homes available for sale, creates an interesting paradox. Many […]

Fierce Competition in Inner West Continues

Fierce Competition in Inner West Continues

With the autumn market being somewhat ‘stop-start’ due to the Easter break and Labor day long weekend, we have seen fewer properties hit the market so as to avoid interrupted campaigns. This scarcity has been a major driver of exceptional prices in all price points throughout Melbourne, despite predictions of a cooling market in 2016. […]

A Robust Autumn Market Is Upon Us!

A Robust Autumn Market Is Upon Us!

Since the beginning of the year, a consistent Melbourne-wide success rate has hovered around 75% and Autumn has begun with similarly strong results, particularly in Bayside and the Inner West. Last week, the Board of the Reserve Bank of Australia decided to leave the cash rate unchanged at 2.0% noting that the global economy is […]