Weekly Market Update - 11th April 2017
By | 11th Apr 17

Melbourne’s property market continued its strong performance with an 81% clearance rate from another large Super Saturday volume of 1099 auctions. Melbourne’s middle North and West suburbs continue to get gang buster results with properties in Reservoir and Lalor selling for between $115,000 and $130,000 over reserve.

Melbourne’s property market’s strong performance is underpinned by having the highest population growth in the nation again with over 100,000 new people calling Melbourne their new home every year. South Morang topped the nation and Melbourne had five of the top ten population growth suburbs across the nation.

Melbourne continues to be a seller’s market but we still see many sellers making common mistakes when selling their properties, with one of the biggest ones being that of keeping tenants in a property who don’t present the property to a high standard. Read our latest blog with tips when selling your property to maximise your sale price.

It was my pleasure to be on the popular podcast Property Couch with fellow Buyer’s Agents Bryce Holdaway and Ben Kingsley sharing some of my tips and strategies learnt in my twenty two years as a property investor. You can listen to the two podcasts below and also please don’t hesitate to visit our website www.advantageproperty.com.au or contact us regarding our popular Buyer’s Advocate, Vendor Advocacy, Property Management, Owner’s Corporation services and Group Block Purchases, including our future opportunity in Fawkner.