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Auction clearance rates in Melbourne continue to climb – another sign that our property markets are improving. The trend started at the beginning of the year and Corelogic reported that auction clearance rates continued to climb over June quarter. But auction clearance rates have been in the higher since the reported period – in the

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Melbourne housing values posted their first month-on-month rise since 2017, ticking 0.2% higher in June. CoreLogic has released their newest housing market update for July 2019. You can also check out the local reports for Brisbane and Sydney. The June update takes the annual change in Melbourne housing values to 9.2%, down from a recent

Pain and Gain: Melbourne

Tuesday, 09 July 2019 by
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Over the March 2019 quarter, resales of Melbourne properties generated $3.363 billion worth of profits and $44.8 million in losses. These figures indicated that Melbourne generated 23.5% of total resale profits nationally over the quarter as well as producing 7.6% of total resales losses. Over the quarter, there were no resales at a loss in

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The Melbourne weekend home auction market continues to generally produce solid results for those sellers still happy to engage the winter market. Melbourne recorded its third consecutive weekend auction clearance rate above 70% on Saturday at 70.7% which although slightly lower than the previous weekends year-high 73.6%, remained well above the 55.2% recorded over the

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