Another strong performance for Ray White Victoria (Week ending 4 May) with a clearance rate of 78% from 68 auctions reported. (An interesting stat is that we consistently auction close to 10% of the total auction market each weekend)
Victoria clearance: 70% from 704 auctions (Source: REIV)
The REIV expects there will be more than 3,000 auctions to be held in May, with the long-term average clearance rate for May being 70%.
Nothing beats the tranquillity of a beautifully designed main bedroom. Over 21 seasons of The Block, bedrooms have inspired and shocked judges: sometimes at the same time. We asked the Block judges for their standouts. Kristian and Mimi (Phillip Island, 2024) Stepping into Kristian and Mimi’s main bedroom, Shaynna was floored: “This … Read more
Homes are becoming income-generating assets as solar, batteries and smart systems create financial returns. With 180,000+ batteries installed and new free-electricity schemes from July 2026, homes delivering financial returns will command higher prices. Imagine your home generating an income without you having to do anything at all. It isn’t happening … Read more