In Melbourne, all 9 sub-regions saw clearance rates improve when compared to both the previous quarter, and this quarter last year. The Outer East was the best performer in terms of clearance rates (86.6 per cent), followed by the Mornington Peninsula (86.1 per cent) and the Inner South (80.6 per cent). Melbourne’s Inner region sawRead More
Across Sydney’s sub-regions, all 15 have seen clearance rates increase when compared to both the previous quarter, and this quarter last year. 13 of the 15 sub-regions recorded quarterly clearance rates above 80.0 per cent, compared to just one over the December quarter. The highest clearance rate this quarter was recorded across the Northern BeachesRead More
In late March the ABS released the 2020 regional population estimates (ERP). This data shows some signs of the impact of the COVID-19 pandemic on population trends at a more local level. In this blog I look at Victoria, a state that has recorded substantial growth in recent years. Was this trend sustained in 2019-2020?Read More
The Melbourne property market continues to heat up, with the Victorian capital smashing a number of new records in March as sentiment and demand intensify. The market for both houses and units also continue to show strong momentum in line with the uptick in pace seen all around the country. Auction clearance rates above 70%Read More
Sydney’s property auction market reached the highest clearance rate seen since 2015 in March, with a staggering 82.5% of properties selling under the hammer. In fact monthly auction selling rates have held above 80% now for two consecutive months as Australia’s property market booms. According to the latest Domain report, the monthly clearance rate inRead More
