Melbourne Property Market Update – September 27, 2013

By Peter Sarmas on 27 Sep 2013
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Photo: Nathan Jones

The health of the Melbourne property market was confirmed last Saturday, which was the eighth consecutive week where clearance rates topped the 70 per cent mark.

• In our weekend auction wrap, we consider the impact the global economy is having on consumer confidence and, subsequently, the Australian property market.

• During her rounds, buyer’s advocate Cate Bakos attended an auction in Bulleen, where Barry Plant agents used their “teddy bear trick” to ramp up the bidding.

• Are you moving house with your kids for the first time? We have five tips that could help make the process less stressful for everyone.

• This Seaweed House in Denmark brings new meaning to sustainable housing.

• And for families looking for entertainment these school holidays, the Royal Melbourne Show runs until next Wednesday October 2. In addition to showbag shopping, rides and entertainment pavilions, parents can enjoy daily food and wine master classes.

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About the Author

Peter Sarmas is a Certified Property Investment Advisor (PIAA) and Vendor/Buyer Advocate. Before becoming the founder of Street News, Peter completed a Degree in Applied Science (Chemistry) and a Graduate Diploma in Property Valuations (Hons). Peter believes property investing is a major and potentially risky undertaking. In his view, everyone should have an independent person acting on their behalf when seeking property investment advice.