Rodney Samuels Consulting: The State of the Market

The beautiful weekend weather keeps rolling into Melbourne as does the football finals.

Normally the football represents a great distraction for people from the property market but this weekend we saw it continue to perform.

With a clearance rate of 76 per cent was recorded this weekend compared to 75 per cent last weekend and 72 per cent this weekend last year. There were 944 auctions reported to the REIV this weekend, with 716 selling and 228 being passed in.

We will now see a couple of quieter weekends particularly with Grand Final weekend looming.

If you are looking to start your own campaign to secure a property please feel free to contact us and ask the experts for some help.

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