Market Insights

Clearance Rates and Median House Prices – Ineffective Measures If we look at the clearance rates achieved in Melbourne over the last 2 weeks 67% & 68% you would think

Port Melbourne: Historic beachfront building nets owners$260k bonus The building at 10 Beach St, Port Melbourne, sold at auction this month. The structure has been outlined in white to show

Auction Report – Richardson Street Albert Park Date 10th September 2022 Time 10.30 am auction Address 269 Richardson, Street Albert Park Agent –Jellis Craig- Simon Gowling Likely range $2.4m-2.6mm A

Auction Report – 35 Leopold Street, South Yarra Date 10 th September 2022 Time 12 noon auction Address 35 Leopold street south Yarra Agent –Kay and BurtonGowan stubbingsNicole gleesonLikely range

Market Insight by Greville Pabst According to the weekend sales reported by REA on the weekend, the clearance result was 67%, on face value a good result, yet prices have

Auction Observation – Albert Park Date  3 September 2022 Time  11.30 am auction Address 22 Madden street albert park Agent – Marshall White -Oliver Bruce , Likely range $2.65m-$2.90 A

Greville Pabst: The problem with reporting on clearance rates Australians love real estate. We love to talk about it, read about it, and obsess over the fluctuations that impact buyer

Greville Pabst Insights into this weekends property results Of all private and auction results reported for July 9 by Realestate.com.au in metropolitan Melbourne there were 367 results. 77% of these sales had

Recent realestate.com.au article quotes my thoughts on the property market. “But respected real estate expert Greville Pabst said even the modest fall might not be enough to stop Melbourne’s market

Pamela Anderson house is on the market. But buyer’s advocate Greville Pabst, a familiar face on The Block, believed single men would also be salivating at the opportunity. “Certainly, its

Clearance Rates Every week in print , digital media ,television news and radio a clearance rate percentage is released and depending on whether it is low or high we all

Musings & Interactions The pages of real estate Domain magazine property advertisements has looked remarkably thin in recent weeks. This week there were 48 metropolitan residential listings and the week

House Prices – Rise or Fall ? House Prices – Rise or Fall ? Lets put property prices in perspective and show some data . If we look at the

Australia following US and UK experience on number of Transactions As an experienced Property Buyers Agent and Chairman of one of Australia’s largest property valuation firms WBP Group , I

Latest national dwelling indices National median value for all dwellings released by Corelogic as at 30th April 2022 shows all dwellings rose by 0.6% in April and 1.9% for the

10 reasons to use a transaction advisor /vendors advocate in the sale of your property You have an experienced property professional and Licensed agent in your corner, independent of the

Rental Market Update According to research by Domain, rental vacancy has fallen sharply in recent months and in Melbourne Vacancy rates have fallen below 2 %. The tightening of the

So do property prices fall when interest rates rise? From the table and graphs in this article, between 2002 and 2008, home loan mortgage rates rose from 5.2% to 8.62%

Autumn Property Report Yes, I know that I am swimming against the tide with almost every economist and the RBA saying property prices are going to fall by 15%. It

Lessons Learned Don’t let Covid cloud your judgement, Fomo and high anxiety in buyer behaviour leads to costly mistakes. Buying property unseen without physical inspection and check of connecting distance,

Team Member Spotlight Approachable, dedicated and experienced, Amy Wisby is ideally suited to her position as Business Development Manager at Greville Pabst Real Estate. A passion for property drew Amy

Melbourne’s Property Market Update The first quarter of 2021 was one of the busiest and most buoyant periods I can remember in my real estate career. As I had predicated,

Autumn Rental Wrap If you’re a rental provider (previously known as a landlord) you will have heard about the multiple, 132 in fact, changes to tenancy legislation in Victoria that

Have You Done A Tax Depreciation Report For Your Investment Property? We are approaching that time of year again and more so than ever getting a tax depreciation report on

Greville Pabst Now Supporting The Chamberlain Foundation Greville Pabst this year is sponsoring the Chamberlain Foundation to raise money to support mental health and suicide prevention in our community. Ray