Unit market outperformed houses in weekend auction
This week saw auction volumes increase across the combined capital cities, with 1,907 homes taken to market returning a preliminary clearance rate of 59.1 per cent.
There were 1,692 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 56.7 per cent, making it the busiest week for auctions since the week ending 24 June 2018.
McGrath secures 'strategic' investment by Aqualand
Chinese-backed developer Aqualand is set to acquire a 15 per cent stake in the ASX-listed McGrath real estate group, a major coup for the new chief executive Geoff Lucas.
Melbourne family homes have the fastest growing prices in the country
New data from the REIV shows three and four-bedroom homes in middle-ring suburbs are the fastest growing property type in Melbourne, which itself is the fastest growing market in the country.
Revised auction clearance rate one of the lowest this year
But Gil King, the CEO of the REIV, told SCHWARTZWILLIAMS that last week auction volumes and sales in Victoria were ahead of those for the same period last year.
Get to know Gail Miller, former Olympian, now McGrath New Farm agent
Gail Miller has joined Sherrie Storor at McGrath New Farm, and says the lessons she learned as an Olympic athlete are integral to her success in real estate.
