The Melbourne residential property market is currently witnessing an absolute perfect storm in favour of the seller. House prices are rising, and the following factors are directly influencing market sentiment and growth. Higher Demand Record Low SupplyRecord Low-Interest Rates (2%)Stamp Duty IncentivesFirst Home Buyer IncentivesNew Construction IncentivesHigher than average savings
Buyers considering making a pre-auction offer must first understand the agent’s rules of engagement. The rules of engagement are set by the selling agent and auctioneer who is representing the owner of the home. Also known as the (vendor) Too often, buyers mistakenly assume that by making a pre-auction offer,
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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