From the desk April 2022

We now have a more equitable supply and demand situation which will calm the dizzy heights of 2021 and create a more balanced property market. Annual appreciation of 20% is naturally unsustainable. Regional areas will continue to grow in popularity for homeowners and investors due to the ability to work from home, less traffic, larger…

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From the desk December 2021

In summarising our market What a journey through an incredibly trying period over the past 18 months. Family heartache, business closures, job losses, and unbearable ongoing isolation. Who could have predicted that the property market would not only survive these conditions but excel in them? No-one. During March – September 2020 the market fell 3%,…

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From the desk April 2021

Why the extraordinary momentum in the property market? No one predicted the strength that has been witnessed not just in Melbourne, but nationally. I did suggest that prices would ease during the pandemic, then claw back 10% over the following 12 months but this recovery has eclipsed all predictions. Much of the hype can be…

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From the desk November 2020

Here we are, only days away from a form of freedom. What a journey. Bearable for some but overwhelmingly difficult for most. Where has this left the economy and the property market? The economy suffered a 7% retraction in the 3 months to June however it is expected to grow in the September quarter shaking…

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From the desk October 2020

Through the mayhem of the first stage 2 restrictions introduced in March, the property market has shown strong resilience and has fortunately resisted succumbing to the confronting negative dialogue from numerous experts highlighted in the media. The four months to July 31 have seen Melbourne’s house prices retract by 3.5%. This was again the highest…

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