Market Update 7th April 2021
By | 7th Apr 21

Melbourne’s property market had a breather this weekend with the Easter long weekend, only showing a small volume of auctions. Melbourne’s clearance rate was again another healthy 91% from only 175 auctions. Read all of Melbourne’s auction results here.

Melbourne’s property market continues to benefit from strong population growth. Melbourne is now fast catching up to Sydney’s population with the gap only now around 220,000 people, the smallest gap between Melbourne and Sydney since the 1930’s.

Records continue to be smashed in Melbourne’s property market as an amazing property in Flinders sold for over $20 million. The property at 90 King Street, Flinders sold well above the previous record of 17 million in Mornington Flinders Road in 2018.