The second quarter of 2021 to the end of June has seen a continuation of the strong market conditions in Victoria. The last quarter saw the median house price rise by 5.5 % to $929769 in Melbourne and median unit prices up 2.5 % to $610,043 In July the [...]
We can break the lifestyle purchase into two types of property. The holiday home on a structured suburban block at the beach or in the country. The rural retreat/hobby farm, usually 5-100 acres. Before buying, it is always good to ask yourself why? How often will I go? How [...]
Traditionally, the holiday real estate market on Melbourne’s Mornington and Bellarine Peninsulas have been a good indicator as to how the mainstream market will perform. From what I have seen so far, the prime holiday spots of Portsea, Sorrento, Blairgowrie and Red Hill on the Mornington Peninsula have been [...]
In retrospect, as the 2020 year drew to a close, November and December were two of the busiest months I have ever experienced! In conversations had with others involved in selling real estate, they too have had record months. Last year, activity was strong right up to Christmas day [...]
How quickly the 2020 year is coming to an end. Last month I reported that there was a buzz around Melbourne as businesses started to reopen. Confidence is returning after a very severe 100 day plus lockdown. There is activity in the streets, cafes and restaurants are full and [...]
We are now nearing the end of October and at last Victoria has come out of Stage 4 COVID lockdown. There is a buzz in Melbourne town following our Premier’s announcement of last Monday as business starts to reopen. With Victoria representing almost 25% of the national GDP, this [...]
