Market Update 18th February 2025
Melbourne’s property market continued its solid start with a 82% clearance rate from 391 auctions. The market looks like it will kick off strongly particularly if interest rates drop as at the same time last year, the clearance rate was 79% from a larger volume of 829 auctions. Read all Melbourne’s auction results below. https://reiv.com.au/market-insights/auction-results […]
Auction Results 18th February 2025
2 Jacka St, Essendon – five bedroom, five bathroom house on 874m2 sold for $4,270,000. https://www.realestate.com.au/sold/property-house-vic-essendon-146651484 75 Yarra Valley Blvd, Bulleen – six bedroom, four bathroom house on 799m2 sold for $2,835,000. https://www.realestate.com.au/sold/property-house-vic-bulleen-146963184 79 Webb St, Fitzroy – three bedroom, two bathroom terrace house sold for $2,550,000. https://www.realestate.com.au/sold/property-house-vic-fitzroy-147024832 16 James St, Surrey […]
Market Update 11th February 2025
The Melbourne property market has started the year on a positive note with a 82% strong clearance rate from 384 auctions. The market is stronger than this time last year where the clearance rate was 79% from a higher amount of 566 auctions. We expect to pick up further as soon as the first rate […]
Auction Results 11th February 2025
36 Dawson Ave, Brighton – five bedroom, four bathroom home on 771m2 sold for $8,500,000. https://www.realestate.com.au/property-house-vic-brighton-146614180?sourcePage=rea:p4ep:property-details&sourceElement=avm-currently-advertised-view-listing 50 Packenham St, Blackburn – four bedroom, three bathroom home on 615m2 sold for $2,750,000. https://www.realestate.com.au/sold/property-house-vic-blackburn-146911132 26 Penfolds Rise, Doncaster – five bedroom, three bathroom home sold for $2,300,000. https://www.realestate.com.au/sold/property-house-vic-doncaster-146972668 8 Golden Grove, Glen Waverley – four bedroom, two […]
Market Update 3rd February 2025
Melbourne’s property market recommenced for the New Year with 543 auctions and an impressive 90% clearance rate.On the same weekend last year, there was a 81% clearance rate from a lower volume of 490 auction. Read Melbourne’s auction results below. https://reiv.com.au/market-insights/auction-results One of the strongest auction results of the weekend was at 22 Booker St […]
Auction Results 3rd February 2025
6 Tuxen Crt, Brighton East – five bedroom, three bathroom house on 665m2 sold for $2,900,000. https://www.realestate.com.au/sold/property-house-vic-brighton+east-146766272 10 Ruda St, Doncaster – four bedroom, two bathroom house on 1,120m2 sold for $1,920,000. https://www.realestate.com.au/sold/property-house-vic-doncaster-146922296 1 Wilma Crt, Doncaster – four bedroom, two bathroom house on an 815m2 corner block sold for $1,885,000. https://www.realestate.com.au/sold/property-house-vic-doncaster-146893908 […]
Market Update 23rd January 2024
Even though we are going through cost of living challenges, this didn’t stop households spending on pools in the last year with a 13% increase in the last year. Pools add a considerable amount to the sale price of a property and it was the most searched keyword by homebuyers on real estate websites. https://www.domain.com.au/news/how-the-great-swimming-pool-boom-just-made-an-even-bigger-splash-2-1345488/ […]
Sales Results 23rd January 2025
31 King Edward Avenue, Albion – block of 12 two bedroom villa units purchased for our block syndicate from $261,000 each. https://www.domain.com.au/building-profile/31-king-edward-avenue-albion-vic-3020 41 Cypress Avenue, Brooklyn – block of 6 two bedroom units purchased for our block syndicate from $270,000 each. https://www.realestate.com.au/property-unitblock-vic-brooklyn-146770480 2/18 Jade Way, Hillside – three bedroom, two bathroom unit on 344m2 sold […]
Market Update 7th January 2025
A strong sale to end 2024 was at 37 Latrobe Parade in Dromana. The four bedroom, two bathroom home sold for $1,590,000 with the vendors making a considerable profit in a decade after purchasing it for $660,000 in 2014. https://www.realestate.com.au/sold/property-house-vic-dromana-146147972 Another strong sale to see out the 2024 year was that of 187 Nepean […]