Business
The Block 2020: What’s the state of the Melbourne and Brighton market leading to auction day? – Domain News
The freshly renovated houses may be selling at the right time, as buyer FOMO and a lack of good-quality, family homes in the bayside suburbs lead to strong competition….
The timing might just be right for The Block houses in being auctioned this weekend to achieve strong prices, experts say, as Melbournes housing market has charged back after lockdown.
Melbournes median house price held steady over the September quarter at $875,980, and Domain senior research analyst Nicola Powell said she expected prices to go up, given the flurry of activity through October and November after Melbournes hard lockdown was lifted.
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