Spring has started with real energy across Melbourne’s property market. The first two weeks of September have seen strong attendance at open for inspections and auctions, with activity spread across all price points. What’s especially encouraging is that buyer demand is rising faster than the increase in stock, creating competitive conditions and excellent results for our vendors.
The confidence in the market right now is supported by interest rates trending downward. After an extended period of cautious sentiment, buyers are back in motion, eager to secure their next move before the year comes to a close. Families are taking advantage of more choice in the market, while downsizers and investors are re-emerging with clarity and intent.
We are also finding that well-presented, well-located homes continue to attract the strongest bidding, which is a timely reminder to sellers of the importance of presentation and strategy. When those elements come together, the results speak for themselves. With just weeks until Christmas, time is of the essence. If you are considering selling in 2025, launching a campaign now is the ideal way to capture motivated buyers while demand is high.
Speak to your local Marshall White team today to start planning your campaign - the buyers are already out there.