Category: Melbourne Real Estate Boom

We deal with a lot of buyers. Hundreds each week. Thousands each year. Across the Jellis Craig network, there are more than a million contacts in our database. If you’ve ever enquired on or inspected one of our properties… you’re in there. One of our core roles as real estate agents is qualifying buyers. For […]

Let’s be honest: if there’s one part of our job that can keep even the most seasoned real estate agent up at night, it’s the value conversation.  And here’s the truth we all know but rarely say out loud: we’re not property valuers. We represent vendors and market homes to get the best possible outcome, […]

We’ve seen a solid number of new listings launch over the past week but talk to any active buyer and they’ll tell you that choice is still limited – especially for anything that’s better than just “decent.” And time is ticking if you want to secure a property in 2025. The Cup Weekend break is […]

For years, I’ve been sceptical about the role of social media in selling real estate.  Don’t get me wrong – I’ve always seen the value in building an agent’s personal brand, showcasing a property, or generating a bit of extra buzz.  But in terms of actually moving the needle – finding genuine buyers or generating […]

Saturday proved rather thrilling. Team Fetter/Sciola had five auctions scheduled until one sold before on Thursday, leaving us with auctions at 11am, 12pm, 1pm, and 2pm in Malvern, Malvern East, Glen Iris, and Toorak – all quality family homes in the $3,000,000 – $5,000,000 range. Earlier in the week we were anticipating a tough day, with at least four of the […]

Markets are forward-looking. Just as the stock market prices in future earnings, vendors often price in tomorrow’s growth today. When the property market is improving and the media is buzzing about the next 12 months of predicted price rises, many vendors get excited. They leap ahead of the curve and bake tomorrow’s growth into today’s […]

For the weekend just gone, reported clearance rates ranged anywhere from 69% to 85% – depending on who you ask. So, which is it? And why the discrepancy? These numbers don’t all measure the same thing. Each source reports clearance rates differently, which makes direct comparisons tricky. But what does the clearance rate actually tell […]

When selling a home, time is not your friend. The longer a property sits on the market, the more stale it becomes. Buyer urgency drops, lowball offers creep in, and the campaign can lose momentum. The first two weeks are when buyer interest is at its peak. This is when your inspection numbers are highest, […]

Disclaimer – this article is for educational and entertainment purposes only. Please don’t take it as personal advice. I help buyers, but I work for my vendors. You’ve inspected 14 houses over the last four months and you couldn’t see yourself living in any of them. Too small. Too dark. Too expensive. Wrong location. Flats […]

Let’s call a spade a spade… Property in inner-city Melbourne has been a terrible investment over the last eight years. Every other week, there’s an example of a house purchased in Prahran, South Yarra, or Malvern in 2016 or 2017 selling for the same price today. There was a two-bedroom Victorian single front that sold […]