Synergy Quarterly News Archive
Melbourne Market Insight - Autumn 2011
The 2011 property year is off to a steady but unremarkable start, and there’s no doubt that the market has softened over the last quarter. Though we won’t know the true strength of market performance until auction season is in full swing, early signs are that the first quarter will be ch..
Melbourne Market Insight - Winter 2011
Reviewing the trends from the last quarter As the Melbourne property market heads into what is traditionally the slowest season of the year, the softened conditions we’ve witnessed in the first quarter of 2011 are continuing. Property prices and clearance rates are down to levels we haven&rsq..
Melbourne Market Insight - Summer 2011
The interest rate rise recorded at the start of November rocked the confidence of many buyers and saw the clearance rate dip below 60%. Whenever we see an increase in interest rates the market always experiences a temporary softening for a few weeks while it absorbs the change, even though our ..
Melbourne Market Insight - Winter 2010
The Melbourne market experienced a strong start to the year, which has begun to level off over the last fortnight. We are now seeing the end to a busy autumn selling period as we head into the slower winter months. Over the March quarter, the reported median house price dropped slightly from $5..
Melbourne Market Insight - Summer 2010
After the traditional lull over the summer break, Melbourne's property market has picked up right where it left off at the end of 2009. Melbourne's median house price was announced in December at over $500,000, a massive jump of $70,000, which surprised many and caused much debate in the media...
Melbourne Market Insight - Spring 2009
“In my 16 years of property, I have seen few markets turnaround so quickly“. Regardless of the perceived strength, the market shows a variety of inconsistent results; some are very strong while many other properties are passed in or prices aren’t being reported. While some..
Melbourne Market Insight - Autumn 2009
Real Estate Value & Opportunities Should I buy or should I sell? I am constantly asked by clients and friends “how is the market”, and probably more importantly for them, “how is the market and how does it affect my plans”. The biggest trap to fall into is to bel..
HUGH'S MARKET SNAPSHOT
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