Heading to auction could be just what you need to secure Malvern East real estate, as the latest figures show more properties in the area are being snapped up in this way.
Melbourne's auction clearance rate hit 69.6 per cent in the week ending 15 June, up from 62.4 per cent the previous week, RP Data housing market specialist Robert Larocca revealed.
This makes it one of two standout capital city performers at the moment – the other one being Sydney – as buyers hope to bag their perfect properties before the winter fully sets in.
The weighted average across the nation's capitals stood at 66.6 per cent over the week in question, so there are plenty of reasons to be optimistic in the Melbourne market at the moment.
Buying property in one of Melbourne's sought after suburbs is a great idea, especially if you have the expertise of someone who knows Malvern East real estate on hand.
Matt Hurlston of Ray White Carnegie has years of experience in the local market and can add value to your search no matter where you might be looking in the south-eastern suburbs.
For property investors, 2026 presents an interesting opportunity in the Melbourne market. While the broader property market has experienced some softer conditions, the rental market continues to show resilience, with strong tenant demand, rising rents and limited housing supply creating favourable conditions for well-selected investment properties. So, is Melbourne’s rental market still worth considering in … […]
The Bentleigh property market continues to demonstrate remarkable resilience, with strong buyer demand underpinning sales activity despite broader fluctuations across Melbourne’s real estate landscape. Known for its family-friendly atmosphere, excellent schools, vibrant shopping precinct, and convenient transport links, Bentleigh remains one of Melbourne’s most sought-after south-eastern suburbs. Located just 13 kilometres from Melbourne’s CBD, Bentleigh … […]