Why median house price data are misleading 

The Age (Domain) published an article on Saturday, ‘The Melbourne suburbs where property values are back to pre-pandemic levels’, which cited median house price data for various suburbs whose prices are lower today than they were in March 2020… Or so they say. Leading the fall, apparently, was Windsor, where prices are down 14.1% from March 2020 to today. […]

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2022 v 2021

There was a Thursday in October 2021 when I called six Zoom auctions in a row, on the hour. All six of them sold with multiple bidders. Team Fetter/Sciola sold 32 properties in October 2021, our busiest month ever. By far. It was an extraordinary market. A once in a lifetime market fuelled by cheap […]

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Why is the rental market so strong?

The rental market took a big hit during COVID. Vacancy soared, particularly in the CBD and Docklands, where international students disappeared almost overnight. Young people moved home with their parents. City folk fled to the countryside and seaside. There were no overseas visitors, ex-pat professionals relocating, or gap-year Brits coming to backpack the east coast, […]

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Two to Tango

We saw a decent number of new listings launch last week but talk to any active buyer and they’ll tell you that choice is still very limited, particularly for anything better than decent.  And time is running out to secure a property in 2022.  Cup Weekend is four weeks away, so there won’t be many […]

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