Each week we attend, bid, monitor and track Auctions. The current clearance rate in Melbourne, according to REIV 63% and REA said 49%. After 18 years of tracking auction clearance rates on Saturday, 20th June, I’ve learnt not to believe what is published on a Saturday afternoon. These preliminary clearance
South Yarra’s Domain Road precinct has long been one of Melbourne’s most quietly prestigious addresses, tree-lined, blue-chip, and home to some of the city’s grandest 19th-century residences. Now, one of its most historically significant properties is about to be tested by the open market for the first time in decades.
Today we monitored 8 auctions across Melbourne! 34 Canberra Road, Toorak, – Started at 2.5-26M – Price drop to 2.3-2.5M – Sold for an undisclosed amount. 1/64 Irving Road, Toorak – Quoted – 1.690-1.850M – Passed in, now a private sale. 1/20 Grange Road, Toorak, Quoted 2.4-2.6M –
Purchasing at $20M+ in Victoria involves layers of due diligence that standard residential transactions simply don’t encounter at the same intensity. Planning overlays in Toorak are significant. Heritage overlays, neighbourhood character overlays, and vegetation protections all affect what can be done with a property over time. Buyers who intend to
The house at 39-41 Hopetoun Road, Toorak, was initially listed at 17-18.5 million. However, like many homes at the top end of the market, the price has been reduced to 14.5 million. The land size of 1,665 m2 is significant, and Hopetoun Road, Toorak, would be in my top
Three auctions. One clear message is that quality is still commanding attention, but the market has no patience for mispricing. Suburbs covered: Prahran · Armadale · Malvern East. Price range: $3M – $6.5M 19 Chatsworth Road, Prahran, Passed In, Now Listed at $3,675,000 Quote: $3,400,000 – $3,700,000 | Passed
Victoria’s rental laws have undergone their most significant overhaul in decades. If you own residential investment property in this state, the rules governing what you can and cannot do have changed substantially, and the consequences of non-compliance are serious. This article sets out your key obligations as a rental provider,
Saturday, 16th May 2025 This weekend’s auction circuit delivered a sharp contrast in outcomes, a heated bidding in Armadale that blew well past the quote, and a sobering pass-in in South Yarra that told a different story about vendor expectations and market sentiment. Both results carry lessons for buyers,
The Melbourne property market has changed dramatically since the 2022 peak. War in the Middle East, Federal Budget changes to CGT and negative gearing, rising interest rates, cautious buyers, longer days on market and tighter borrowing conditions have created a tougher environment for homeowners and property investors looking to sell.
How to Prepare Your Home for Sale. Selling your home isn’t just about listing it on the market; It’s about preparation, strategy, and execution. A well-prepared property sells faster, attracts stronger offers, and reduces the stress that often accompanies the process. Here’s what to focus on before your home goes
1. Understanding Your Needs & Preferences A buyer’s agent begins by thoroughly understanding your unique requirements and lifestyle priorities: Budget: Clarifying your budget range, including considerations for exchange rates, financing, and any applicable fees like stamp duty. Lifestyle Priorities: Identifying key preferences such as proximity to cafes, parks, public transport,
Melbourne continues to earn its stripes as one of the world’s most liveable cities. It isn’t just a city; it’s a collection of vibrant, evolving neighbourhoods, each with its own identity and rhythm. In 2025, the conversation around where to live isn’t just about postcode pride—it’s about smart decisions that
A 5% deposit and no Lenders Mortgage Insurance looks appealing, but risks ending badly for those who don’t have sound savings habits. This policy may ease pressure for some buyers, but it fails to address the real issue, which is a shortage of supply, not demand. As for that spare bedroom tax
Seven years ago, I moved to St Kilda Road, and I haven’t looked back since. Most people consider this boulevard merely a commercial strip between the city and the beach. But that perception is quickly changing. For me, it changed the moment I started walking along the tree-lined boulevard, with
Collingwood Suburb Profile: One of Melbourne’s Dynamic Urban Hubs Welcome to our exploration of Collingwood, Melbourne’s thriving cultural, commercial, and community hub. Collingwood beckons with its fascinating history, pulsating with the echoes of its industrial past while embracing the contemporary rhythms of modern urban life. With a foundation rooted in
Acknowledgement of Country Industry Insider respectfully acknowledges the Traditional Custodians of the land of which we work, the Bunurong Boon Wurrung and Wurundjeri Woi Wurrung peoples of the Eastern Kulin Nation and pays respect to their Elders past, present and emerging.
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