News

Once again, we saw further confirmation this week of the popularity of the City of Hume property market among the homebuyers of Melbourne.

It’s been another positive week for the property market in the City of Hume. The weather may be continuing to show less of the Summer of past months and more of the cooler days to come, but we are continuing to see more good signs in the local market, both as far as sales results are concerned and on the general news front as well.

If you’re someone who keeps an interested eye on the property market in general, and the local market in the City of Hume in particular, you’ll know that residential housing is something that experiences interesting changes in fashion on a fairly regular basis.

Greetings. I hope this week’s Update finds you and those you care about enjoying a relaxing and enjoyable Easter weekend.

Whilst there were variations in the strength of competition at some of the auctions this week, the recent run of largely competitive bidding at well attended auctions continued for most of our auctions across the north-west of Melbourne this week.

It was interesting to read the latest monthly property market data from Corelogic during the week which confirmed a lot of the anecdotal evidence we have been seeing ‘on the ground’ in the City of Hume in recent months.

Perhaps it was the appeal of watching the fireworks, parades and hopeful 'birdmen', but there was certainly a desire among a few of the buyers we were talking to this week to make early offers and try to conclude negotiations before the long weekend started.

Here in the City of Hume, it’s fair to say that we can often have several quite distinct property markets active at the one time.

Queensland buyer succeeds at second auction after failing at the first on the same day

As anyone who has gone through the process of buying their first home will tell you, it’s often a journey that has its fair share of hurdles and detours along the way. But it’s also a process that usually has an unforgettable “moment” at the end of the journey, when you finally find that special home that truly clicks with you, and you beat the other buyers to secure it.

It’s hard to know whether it was the return of the summer sunshine this week, or the much anticipated news from the Reserve Bank to leave official interest rates on hold, but there were certainly plenty of smiling faces among the many homebuyers who were active in the City of Hume this week.

As you may have noticed on our social media feeds during the week, we are looking to add to our award-winning team at Barry Plant Gladstone Park.