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Melbourne house prices rise 0.9 per cent in December quarter - Vimarsana News

Melbourne house prices rise 0.9 per cent in December quarter

Property prices were expected to fall as much as 20 per cent from their peak, but instead the market rebounded. Can it last?

Melbourne auctions: Kingsbury house sells for $975,000 after first bid tops auction reserve - Vimarsana News

Melbourne auctions: Kingsbury house sells for $975,000 after first bid tops auction reserve

A dozen buyers registered to bid on the 1960s house in the tiny, often overlooked suburb, but only three were able to get a word in after a strong start.

Source: smh.com.au
Sydney property: Auction clearances pushed over 70pc as buyers ignore negative press amid tight supply - Vimarsana News

Sydney property: Auction clearances pushed over 70pc as buyers ignore negative press amid tight supply

The negative press on interest rates is not getting through to some buyers, who pushed properties in Sydney and Melbourne well over their reserves on the weekend.

Source: afr.com
Melbourne auctions: Port Melbourne fixer-upper passes in on $1.8 million vendor bid, gets post auction offers - Vimarsana News

Melbourne auctions: Port Melbourne fixer-upper passes in on $1.8 million vendor bid, gets post auction offers

A crowd gathered but no-one raised their hand to make an offer during the auction. Interested buyers waited until the property passed in before trying to make a deal.