Despite the usual lull that accompanies the school holiday period, auction clearance rates have remained strong, indicating that buyer demand is holding firm even as many Melburnians take a mid-winter break. This is an encouraging indicator for vendors considering a late winter or early spring campaign.
What’s becoming increasingly clear is that many sellers are turning their attention to the pre-spring market. Activity has ramped up behind the scenes, with property owners preparing their homes for August and September launches. This early groundwork is expected to lead to a wave of new listings hitting the market over the next four to six weeks, particularly in established family suburbs and inner-city lifestyle pockets where demand is strongest.
On the buyer side, enquiry levels remain high across most price brackets. With limited quality stock currently on the market, active buyers are moving quickly when opportunities arise, especially for properties that are well-presented and priced to meet the market. We are also seeing greater urgency among upgraders and downsizers, many of whom are aiming to purchase before the traditional spring rush begins in earnest.
All signs point to a fast-paced run into spring, with August shaping up to be a pivotal month. For sellers, the message is clear: if you are considering a move, now is the time to get organised. Buyer competition is healthy, and listing ahead of the traditional September peak may provide a distinct advantage.
Thinking of making a move this spring? Reach out to your local Marshall White team for tailored advice and a strategy designed to achieve an outstanding result.
