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Frank Dowling Real Estate
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The beginning of the year has seen Moonee Valley's home auction market begin with a bang as the clearance rate hits the 80's over the weekend. However, with only 17 auctions held and more properties yet to hit market, it will be interesting to see if this demand continues. #auctionresults #melbre #Clearancerate #auctions #propertymarket
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Moonee Valley's auction clearance rate improved slightly over the weekend from the previous weekend's 60%. Melbourne also saw it's clearance rate continue in the 60's as it maintains 68%. #Melbre #Auctionresults #Clearancerate
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The Reserve Bank has left the official cash rate on hold at 1.5% for the 16th month in a row as wages and inflation remain flat. This comes as the need for a rate rise to damper the overheated housing markets has been partially offset by new figures from the Australian Prudential Regulation Authority showing interest-only loans have dropped again in the 3 months to September 30 after the government crackdown on risky lending. #interestrate #cashrate #reservebankdecision #officialcashrate
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As with the weather, Moonee Valley auction market looks to have cooled down, as clearance rates performed at 60%. Since November, we have seen clearance rates weaken amongst rising stock levels in Moonee Valley. Melbourne has also has seen a steady weakening in auction clearances achieving only 68%. #realestate, #MelbRE #auctionresults
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Moonee Valley yet again held a significant number of auctions over the weekend with 57 in total. With so much stock available for buyers and the selling season coming to an end, the clearance rate hit a low of 58% for the 2017 year! #realestate, #MelbRE #auctionresults
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The weekend saw a significant number of auctions held at the tail end of selling season. With so many auctions held, providing a glut of choice for buyers, the clearance rate dropped to 62%. #realestate, #MelbRE #auctionresults
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Moonee Valley's auction clearance softened over the weekend following the lull from the Cup weekend.
Looks like the competition amongst listings is heating up along with the weather.
#auctionclearance #realestate, #MelbRE #auctionresults
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Even despite a surge in auctions over the weekend, Moonee Valley's clearance rate reached the 80's yet again!

For the quarter so far, hot suburb Niddrie is outperforming at 86% clearance, so get in quick!

#realestate, #MelbRE #auctionresults
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Moonee Valley's home auction market heated up over the weekend as it's clearance rate soared well into the 80's! Buyers came out in force as 38 out of 44 auctions went under the hammer. #realestate, #MelbRE #auctionresults
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We are well into spring selling season and so is the competition as the clearance rate begins to strengthen. Moonee Valley hot suburb Airport West continues to outperform Moonee Valley's 75% average, tracking at an impressive 92% clearance!
#realestate, #MelbRE #auctionresults
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