4 Oct 2016 By: Greg Hocking 0 Comment
What a difference 365 days makes – and yet some things never change.
It is AFL Grand Final weekend 2016 and I am struck by some of the things we were doing a year ago.
The obvious one is the footy line-up. Last year it was the Hawks (again) beating an interstate rival (West Coast Eagles).
Last Saturday it was all about another beloved local team – the Western Bulldogs – taking on a formidable out-of-town foe, the Sydney Swans.
Again, this time against the odds, it rose from underdog to claim its first GF win in 62 years. And what a win! Congratulations to fans and players – you deserve this.
Turn our gaze to the equally competitive field of residential bricks and mortar and the parallels may surprise.
Both activities – A-grade sport and A-grade property acquisition – are tests of one’s determination to clinch desired results.
Both have weekly winners and, in this current hot market, plenty of (buyer) disappointment.
Clearance rates at Melbourne auctions have been at or above 80% since winter. That makes it tough for buyers.
Even this weekend, with just 111 auctions held, a phenomenal 92.8% sold, according the CoreLogic.
Stock levels remain limited in most inner and middle-ring suburbs hence we have multiple motivated buyers in each of these postcodes, ready to buy today if we can present properties that meet their criteria.
Conditions are excellent for vendors with properties priced in line with market demand, which is why the clear favourites for the rest of 2016/2017 will be homeowners thinking of selling, a repeat of the tail end of 2015…just don’t ask me for next year’s footy tips.
Call our team today if you would like an obligation-free appraisal this spring.