VIC What do you make of Melbourne market (Auction results - 1047 wow)

Discussion in 'Where to Buy' started by ross100, 25th Jun, 2015.

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  1. ross100

    ross100 Well-Known Member

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    upload_2015-6-25_11-48-0.png
     
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  2. dublin_101

    dublin_101 Active Member

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    Everybody going to auction - pointing to high demand.

    One other thing which has caught my eye recently in Melbourne was not just auctions, but "in room" auctions held mid week.
     
  3. Lisa Parker

    Lisa Parker Well-Known Member

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    Many areas which have traditionally been private sale areas are beginning to move to Auctions as well. One area in particular was almost 100% private sale at the beginning of the year and just the last 2 months have ramped up to about 30% auction sales.
    Which isn't so convenient......
     
  4. MTR

    MTR Well-Known Member

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    What I make of it? Boom

    Development sites are in high demand everywhere

    Mtr:)
     
  5. Perthguy

    Perthguy Well-Known Member

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  6. ross100

    ross100 Well-Known Member

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    thats right i was stuck in that one
     
  7. sash

    sash Well-Known Member

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    Forget about auctions...that is only inner and middle suburbs...you need to drive around and talk to agents, land developers etc.

    From what I am hearing..it is HOT HOT....
     
  8. 380

    380 Well-Known Member

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    Melbourne is RED HOT at the moment.. it;s not even summer yet!

    working on 3 deals at the moment ...fending off stiff competition before 1st open home..

    Seems like Sydney De ja vu!
     
  9. Beelzebub

    Beelzebub Well-Known Member

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    What's going on in Tassie? Those clearance rates are looking pretty strong?