With the end of the school holidays, everything appears to be back in full swing and auctions already booked in for December, it will be Christmas before we know it!
A clearance rate of 73 per cent was recorded this weekend compared to 69 per cent last weekend and 68 per cent this weekend last year from the 487 auctions reported to the REIV.
Highlights from the weekend include the auction sale of 33A ALbert Street, Highett by Josh Hommelhoff and Matt Hurlston. Built by prominent Bayside builder and former St Kilda football great, Stewart Loewe, it sold under the hammer with 3 under bidders, who then bought number 33 next door straight after, each selling for an undisclosed amount in the vicinity of $1 million each.
Article Source : Nerida Conisbee – Chief Economist Trying to predict how many homes will sell in any given year is far more complicated than predicting prices. While price growth is often assumed to be the main driver of transactions, the relationship between the two is surprisingly weak. There are … Read more
Choosing the right real estate agent can be the difference between a smooth, successful transaction and a stressful experience. Whether you’re selling, buying, or leasing, the agent you choose should align with your goals, communication style, and expectations. With so many agents in the market, knowing what to look for … Read more