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By Peter Sarmas on 26 Feb 2018 No Comments
This week Melbourne's auction market has been tested with over 1200 properties reportedly going under the hammer over the weekend. Although both Domain and the REIV show clearance rates at nearly 70%, this on the surface seems good but in actual fact is 10% down for the same time last year. Speaking to a number of agents around town confirms.... ...
By Peter Sarmas on 12 Feb 2018 No Comments
There has been a lot of “white noise” surrounding the Sydney and Melbourne property market over the last few months and it has taken me a while to determine which way things were actually going to go. Is the Australian property market heading down the gurgler or is this just a glitch? ...
By Peter Sarmas on 25 Sep 2017 No Comments
It is really important to emphasise why I believe this economic exit from the property sector will not be a disaster. ...
By Peter Sarmas on 11 Sep 2017 No Comments
Melbourne Auction Results 11th of September 2017 73% Clearance Rate 836 Reported Auctions Sold at Auction: 523 Passed in: 194 Sold Before: 99 Sold After: 0 Postponed 14 Source:REIV Melbourne Market Wrap March 11th September , 2017 The REIV reported 836 properties ...
By Peter Sarmas on 28 Aug 2017 No Comments
According to Population Estimates and Forecasts report nearly one million people will be visiting Melbourne on an average weekday within the next five years ...
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