Latest Property News

Market Slow Down? I Think Not!

By Cate Bakos on 10 Dec 2013 No Comments

Several publishers recently asked me to comment on claims that Melbourne's property market was in slow down. I was emphatic then, and I'm emphatic now: there is no sign of slow down in the desirable suburbs. Last week I didn't venture outside a 10km radius of the city, and I cited five auctions I'd attended with strong sales results ...

Melbourne Auction Results – December 9, 2013

By Peter Sarmas on 9 Dec 2013 No Comments

The Melbourne auction clearance rate for this weekend was 66 per cent. Last week the REIV revised back their clearance rate to 68 per cent from 70 per cent after collecting data on nearly 98 per cent of sales. This weekend’s auction results cement what we have been saying – the Melbourne property market has been softening ...

Melbourne Property Market Update – December 7, 2013

By Peter Sarmas on 7 Dec 2013 No Comments

An unprecedented swell of activity will drive the Australian property market along until just days before Christmas. A recent property report has also confirmed that market activity will be solid in 2014, leading to a likely national median house price increase. In his weekend market wrap, Peter Sarmas consulted several real estate experts ...

Off the Pier Fish & Chippery

By Jessica Hoadley on 6 Dec 2013 No Comments

With its dazzling harbour views, bellowing ships’ horns and the smell of saltwater on the breeze, Williamstown is the perfect place to enjoy a box of fish and chips. The ferry tourists know it, the local businesses know it, and the seagulls certainly know it. The answer? Self-proclaimed “best in town” fish and chippery Off the Pier ...

Shane Warne Finally Sells Brighton Home

By Emily Tatti on 6 Dec 2013 No Comments

Shane Warne has finally managed to sell his Brighton home. Though a sales price hasn't been revealed (it was listed for $15 million), the spacious mansion has been snatched up by a local Brighton family who wanted to shift closer to the beach. Warne had previously expressed his hope that the property would be purchased by a family ...

What Causes Auction Results to Fly Past the Quoted Range?

By Cate Bakos on 6 Dec 2013 No Comments

Buyers get very frustrated when auction results exceed the quoted range; and justifiably so. Interested buyers invest emotional energy, precious time and valuable dollars when they shortlist and pursue a suitable property. So why is it that some properties sail past their quote ranges while others don’t? There is not just one possible reason ...

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