Property Update – 2 March 2020

Once again the buyers have spoken with Melbourne delivering another impressive preliminary auction result over the weekend. There is genuine confidence in the property market, especially with so many other investment avenues sharing global uncertainty.

The numbers from CoreLogic tell a compelling story with 1,567 properties auctioned in Melbourne this weekend and more than 77 per cent of those changing hands. Last year over the same weekend, 528 fewer properties went under the hammer with just 52 per cent returning a result on the day. What a difference a year makes!

In the market for something new? We believe it’s time to take action sooner rather than later. As the Autumn selling season begins to take flight, check out our latest project listings here.