Market Update – 16th June 2026

So blessed to be at my 6th World Cup in a row and enjoying special moments with my son at his 2nd World Cup. So proud of our Aussie boys 2-0 win and just behind the Japan 3-1 win in 2006 as the Socceroos best ever win. Cmon Aussie Cmon! Bring on the USA!

 

Melbourne’s property market continues its consistent clearance rates of around the 70% mark with a 72% clearance rate from 576 auctions. The same weekend last year the market was stronger with a 84% clearance rate from 756 auctions. Read Melbourne’s auction results below.

https://reiv.com.au/market-insights/auction-results

 

 

The strongest auction result on the weekend was a Georgian style home in Bournian Avenue, Strathmore. The 5 bedroom 5 bathroom massive 110 square house on 1,600sq metres sold for $5.3 million which would be one of the suburbs highest results.

https://www.realestate.com.au/sold/property-house-vic-strathmore-151149988

 

 

It’s amazing to see how Northcote prices have gone when an unrenovated house at 125 Roberts Street just sold for $2.3 million. The 4 bedroom 1 bathroom house was only on 474sq metres and it was quoted at $2.1 million plus.

https://www.realestate.com.au/sold/property-house-vic-northcote-151257588

 

 

 

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