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James O. ·

Market pulse: what are you seeing at inspections and auctions?

One running thread for weekend reports. Suburb, property type, how many groups, and how it went. I'll start: Norwood, Adelaide. Three bedroom villa, about 30 groups through, sold before auction.
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  1. Sarah M. ·

    Saturday in Preston: three auctions. Two sold under the hammer, one passed in and sold an hour later. Plenty of first home buyers, very few investors.

  2. Tom W. ·

    Geelong West open home had 25 groups through in 30 minutes. The quoted range felt 50k light to me.

  3. Mei L. ·

    Same story in Brisbane's north. Anything under 900k with a yard gets crowded. Units are quieter.

  4. Daniel K. ·

    Perth is still tight. Two homes I inspected went under offer before the first weekend was over.

  5. Chloe R. ·

    Quieter in Newcastle than in autumn. Agents are calling back now, which tells you something.

  6. James O. ·

    Interesting. In Adelaide's southern suburbs I'm still seeing multiple offers on anything renovated.
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