Category: Melbourne Real Estate Boom

I called three auctions on Saturday. All sold. One had two bidders, one had four bidders and one had five bidders.  And yet they all started exactly the same way, after a very energetic yet concise pre-amble… “Who’d like to kick things off with an opening bid?” Crickets.  Why does no one ever want to […]

On Friday Jellis Craig hosted our inaugural Property Event for over 450 guests at The Glasshouse. Hosted by Melbourne-local Alicia Loxley, the morning of insights featured a line-up of notable speakers including Property Economist Tim Lawless and Demographer Bernard Salt. It was a fantastic event. Given my predilection towards numbers, graphs and statistics, (Carla calls […]

It’s been a big week for Team Fetter/Sciola with five properties transacting in the last seven days and yet more accolades for our very own superstar agent, Carla Fetter. We sold three houses before auction (two of which in boardroom auctions with multiple bidders), one off market, and one under the hammer at a phenomenal […]

I’ve often said that I’m not here to make predictions, only observations.  So I’m somewhat hesitant to suggest that the market is about to take off again for certain, but I do believe we have enough evidence now that the market has bottomed out and is already some months into an upturn.  Yesterday’s rate hike […]

The term ‘off market’ is bandied around a lot.  I define an ‘off market’ as simply a property for sale that has not yet been advertised on the major portals (REA, Domain, etc).  If executed well, an off market sale can result in an efficient, expedient and transparent transaction with minimal cost and risk to […]

There seems to be a disconnect between the current perception and the current reality of the real estate market.  Our perception is greatly influenced by the media and our own expectations or predications of what the future may hold.  And given the uncertainty and chaos of the modern world, and strong bias towards negativity and […]

Happy Easter! Team Fetter/Sciola is back to it after a short but very pleasant break.  We are most excited to have a full schedule of auction campaigns for May, with five terrific homes hitting the market this week.  Q1 of 2023 is now done and dusted, and it felt like a much more positive and […]

I cringe every time I hear an auctioneer utter the words, ‘location, location, location.’  If location was really the biggest driving factor determining interest in a property, then 90 percent of homes wouldn’t sell.  Houses sell in Brighton, The Bronx and Beirut.  Houses sell next to freeways, high tension power lines and hospitals.  You can […]

It’s not really our style to blow our own trumpets here at Team Fetter/Sciola… Carla has tossed out most of her ‘Agent of the Year’ trophies that were cluttering up her desk.  BUT, it is nice to receive some recognition once in a while.  Realestate.com.au just released the AREA finalists for residential agent of the year 2022 and […]

Hopefully you enjoyed a quiet and sunny long weekend as Melbourne gently kisses summer farewell and we shove the beach towels in the back of the cupboard and pull out the footy scarves for round one. There was no auction activity to report over the long weekend, but we are now looking forward to three […]