Melbourne’s Property Market Is Rebounding…Hard.
If you’ve been paying attention to our recent emails, you know the story. Demand is now outstripping supply, the buyers are hungry for good stock to hit the market, vendors are still waiting for rates to drop further.
Those listing now? They’re taking advantage of the undersupply and achieving strong prices.
To put it in perspective at time of writing:
Kew – 6 Houses for sale under $2.5m
Hawthorn – 2 Houses for sale under $2.5m
Balwyn – 5 Houses for sale under $2.5m
These are key suburbs in Boroondara, with barely 10 options for buyers willing to spend up to $2.5 MILLION dollars.
Our auctions this weekend? Both sold. We maintained our 100% clearance rate for the year by taking the right properties to auction and helping the vendors achieve above market results.
Are you prepared to list now? Don’t hold back, this could be the perfect time.