Market Update 3rd November 2020
By | 4th Nov 20

Melbourne property market continues it’s recovery with improving clearance rates being seen this year. This weekend’s clearance rate of 85% was from a higher volume of 429 auctions and the clearance rate has improved since the real estate industry reopened. 

Melbourne property market is always seeing the goal posts shifting as many bridesmaid suburbs that have not previously been unpopular are becoming brides. There are many more affordable suburbs in the middle parts of Melbourne which are now becoming more and more popular including Pascoe Vale and Highett.