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Melbourne recorded yet another solid auction clearance rate at the weekend with this year’s local market revival clearly remaining on track. Melbourne’s weekend rate of 65.8% was higher than the previous weekend’s holiday impacted 63.7% and again well above the 59.4% recorded over the same weekend last year. Melbourne has now recorded clearance rates above

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Compared to the previous quarter, a larger majority of home sellers in Victoria believe prices will increase within the next six months. Last quarter, 4,156 Australian vendors were surveyed with respondents in Victoria having an optimistic view of the market. These results are based on the OpenAgent Consumer Sentiment Index, a proprietary index system that

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The Melbourne housing market recorded a 0.6% fall in housing values in April taking the annual rate of decline into double-digit territory for the first time in the history of our index, which commenced in 1980. CoreLogic has released their newest housing market update for May 2019. You can also check out the local reports

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Melbourne’s property markets have been in the slump phase of the property cycle since late 2017. But our markets have been very fragmented with some suburbs falling in value considerably more than others. However the good news is that there are signs of the market bottoming out. Auction clearance rates have been picking up as

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