News

With all that’s been happening in the property market in 2024, there were quite a few observers who wondered whether this year’s Spring selling season would generate the usual surge in buyer activity that we’ve seen in the past.

The Barry Plant Group is once again embracing the spirit of giving this October with their annual "Wishtober" event, in support of Make-A-Wish® Australia. For every property sold in October, Barry Plant will donate a portion of the commission to Make-A-Wish. Over the past decade, this initiative has raised over $1 million, demonstrating the network's commitment to community and making a difference.

We may be only one week into the official Spring selling season for the property market in the City of Hume, but we’re already seeing lots of signs of an active and exciting few months for sellers and buyers alike.

Given that this weekend marks the official start of the Spring of 2024, I thought this might be an ideal time to look at some of the most recent property market data to see what it might be indicating for the season ahead.

It might surprise quite a few people given the ongoing talk about cost of living pressures around the country, but it seems that the Winter of 2024 has been a positive season for quite a few first home buyers in Australia.

It’s been interesting to see how many people have been wanting to chat in the past week or so about the upcoming Spring property market and what it may hold for the homeowners of the City of Hume.

We all know that Spring has traditionally been regarded as one of the peak periods for the Melbourne property market over the years.

Welcome to our first Market Update in August. It’s a month that offers enormous opportunities for homeowners in the City of Hume who are keen to make a move in the coming Spring market, particularly if you are keen to make the most of the early Spring selling conditions which history tells us is the time that more sellers tend to achieve the strongest sales results.

It’s always interesting to explore which aspects of the real estate market people are most familiar with, and which aspects are still a source of confusion for quite a few people.

Given the level of commentary in the media recently about the cost of constructing a home, and the impact that this is having on homebuyers who are keen to create their next home from scratch, you might haver assumed that the market for vacant homesites around Melbourne has been quiet.

It might seem a little odd to be talking about the arrival of Spring after a week of such ‘wintery’ conditions, but the level of buyer activity in the City of Hume in recent times has suggested that we may well be seeing an early start to the official Spring market this year.

The dawning of a new financial year is often a moment in time that people choose to reassess and revise their plans, and this is certainly the case where people’s property plans are concerned.