Archive | November, 2013

RP Data market review, Melbourne: Week ending 10 November 2013

A preliminary clearance rate of 69.2 per cent for Melbourne was reached from 996 auction results for the city so far this week. This was the sixth week where more than 1,000 auctions were scheduled for Melbourne. The market delivered a result that is lower by way of trend for the past few months which […]

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Participation rate males v females

How solid is Australia’s jobs market?

Jobs are an important element of the housing market equation…. Without a job it’s hard to keep up mortgage payments or apply for a loan; and the same can be said when the hours worked are too few. A weaker jobs market will generally translate to less wages growth and less upwards pressure on dwelling […]

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RP Data market preview, Melbourne: Week ending 10 November

RP Data is expecting 1,048 auctions in Melbourne this week and 1,172 across Victoria. With October now ended and with just 6 selling weeks remaining for the year, it is timely to compare the year to date performance of the auction market. So far this year there has been just over 27,500 auctions with a […]

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Melbourne Auction Market preview

Is it too late to decide to sell this year? Looking at the property market in Victoria

Following the encouraging results from the biggest week in history in the Victoria property market, some intending vendors may be asking if it’s too late to sell at auction this year. With only 7 weekends left in the year when an auction can realistically be held, a decision to list for sale would not leave […]

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RP Data market review, Melbourne: Week ending 3 November 2013

A preliminary clearance rate of 71.2 per cent was reached from 146 auction results so far this week. Due to the low volume of auctions it is more important to look at the private sales market. RP Data has recorded a further tightening of the private sale market with the time on market for houses […]

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Is public transport infrastructure into the city as important as we once thought?

Is public transport infrastructure into the city as important as we once thought?

For those of us that live and work in the inner city areas of our capital cities, we think that public transport infrastructure is a must across the city.  The reason being that it is essential for those of us in suburbia to be able to travel to and from the city in an efficient […]

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RP Data market preview, Melbourne: Week ending 3 November

RP Data is expecting 162 auctions in Melbourne this week and 243 across Victoria. There is a small hiatus in the auction market this week due to Derby Day and the Melbourne Cup but last weekend’s strong results shows that this won’t negatively impact the results between now and Christmas. There are seven weekends for […]

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