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Local Market Update - July 2017

Local Market Update - July 2017 Despite some concerns of a downturn after May’s figures were released, the Melbourne property market still has some momentum in it with an increase of almost $30,000 or 3.5% over the June quarter. font-family: tahoma, arial, ...

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Local Market Update - June 2017

Boom or bust? It’s a rare day that there isn't a headline about the current market. May figures heralded what some saw as the beginning of the end: the first signs of softening demand. Melbourne house values dropped 1.7% in May and apartments 3.8%. Is it the beginning of the end? May can be an odd month in the property market; autumn selling is mostly over and the winter market hasn’t yet begun. It’s unlikely we have entered a major downt...

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Local Market Update - May 2017

As an agent, the question I have been asked the most in the last few weeks is “Do you think the market is softening?” The latest economic data remains mixed with unemployment at a year-high of 5.9 %. Retail spending has fallen and although inflation has increased, levels remain at near record lows. Aft...

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Local Market Update - April 2017

The Melbourne home auction market surged over April despite the distractions of holidays, recording a strong clearance rate of 78.1% - up on both last month and April last year. Whilst the Melbourne median auction price fell over April, this was a reflection of a lower proportion of higher-priced suburbs listed over the holiday month. With the latest data showing Melbourne median house price surged 4% over the March quarter to a record high of $843,674, Melbourne house prices have ...

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Local Market Update - February 2017

Selling through Bayside Beaches now has all the experience and expertise Beaumaris residents expect. Craig's on board and his 17 years of experience, with involvement in over 2500 real estate transactions plus many national industry awards, gives you piece of mind that you are dealing with one of the best real estate professionals in your area.