66.1% sell nationally Volumes rise All smaller markets improve on last year This week, as auction volumes increased across the combined capital cities, so too did the clearance rate. There were 1,262 homes scheduled for auction this week returning a preliminary auction clearance rate of 66.1%. Both Melbourne and Sydney’s preliminary clearance rate came in above the mid 60% mark this week. There were … Continue reading Auction win/win
The Home Builder scheme announced in early June is intended to boost activity in the construction sector. Dwelling construction is expected to see a lagged decline in activity off the back of COVID-19, as the recently recovering trend in dwelling approvals began to slip in April, led by a decline in unit approvals. However, the $25,000 incentive for building a new home, or renovating an … Continue reading Devil in the Detail + Fundamentals tell the Real Story
Auction numbers up on last week Sellers show confidence Buyers expected to emerge Upcoming auctions This week, 1,226 capital city auctions are currently being tracked by CoreLogic, increasing from the 1,181 auctions held last week at final results. One year ago, a higher 1,484 auctions took place across the capital cities. Melbourne is expected to see a rise in activity this week, with 542 homes … Continue reading Cap cities gather pace
Both volume and clearance rise Canberra stands out Brisbane records over 50% The week saw the combined capital city preliminary auction clearance rate improve with 63.3% of homes selling at auction over the week. The higher clearance rate was against a higher volume of auctions, with 1,164 properties scheduled for auction; the busiest week for auctions since the week ending 19 April. Last week, … Continue reading Best Results in 2 months
Highlights from this week: The best way to learn Post stamp duty? Detail for individual podcasts Several years ago a small group of like-minded property enthusiasts – about 8 I believe – realized that by pooling their knowledge and sharing their experiences they were more likely to succeed and their success would be multiplied. And so The Property Development Network was born. That small group … Continue reading Could stamp duty be on the way out? + Learn from someone else's mistake
Only 12% of auctions withdrawn Cap city clearance rate weakens slightly Canberra is the best performer Last week There were 711 capital city homes scheduled for auction last week, returning a final auction clearance rate of 56.2%. Last week’s clearance rate was lower than the previous week’s 61.3% when volumes were higher (856). This week and weekend There are 1,179 capital city auctions being … Continue reading Volumes Highest in 2 months
This home represents an idyllic family and business environment. The vendors have enjoyed the opportunity to run a business and raised their kids here. The mountain setting is breathtaking from its private, elevated position and is perfectly complemented by bush setting serenity. A home that offers a magnificent balance of indoor and outdoor living zones. The gently sloping driveway leads you to either side of … Continue reading A Genuine Haven in an Idyllic Bush Setting
Comfortable Home & A Quality Investment This newly updated apartment guaranteed convenience and comfort with its highly sought-after location just a short walk from the Leake St/Mt Alexander Rd tram stop, local shops, cafes, and picturesque parks. No expense has been spared in the creation of this luxurious modern apartment. From the contemporary kitchen and high-end features throughout, to the on-trend flooring and neutral colour … Continue reading Setting a New Benchmark for West Sydney
This private and idyllic property in approximately 21.7 acre features a three-bedroom mud-brick home overlooking more than 300 apple and orchid trees that is truly something extraordinary when you live here, you can forget about the rest of the world. And as you enter the house, extensive features of windows and cathedral ceilings fill the indoor living with sunlight. Great for entertaining, with a wonderful … Continue reading A Private and Idyllic Applegum Grove
Auction numbers down Clearance down as well Sellers still nervous This week, 694 capital city homes were scheduled for auction, with preliminary results returning a 59.8 per cent clearance rate. The lower volume of auctions came as most states and territories welcome the Queen’s Birthday public holiday on Monday. In Melbourne, 189 homes were scheduled to go under the hammer this week. T the … Continue reading VIDEO – Long weekend softens the market
