Market Update 30th September 2019
By | 30th Sep 19

There weren’t any auctions this weekend due to it being Grand final weekend. With most vendors avoiding this weekend, next weekend will be another big Super Saturday as was the weekend before Grand final as most vendors do not want to risk auctioning their property over such a popular long weekend with many buyers away or distracted by the event.

It’s a very interesting market at the moment as we saw another rate cut this week and another one is predicted in November or February. These will only fuel the market demand even more, especially at the entry level end of the market. There are many up-sizers getting into the market place as well. There is solid demand now in the $1,000,000 - $2,000,000 range which had been quite patchy over the last few years.