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Director Domain Property Advocates Winner—Australian Property Manager of the Year (REIA) Melanie Dennis an REIV Accredited Property Manager is Victoria’s Highest Awarded Property Manager. As well as being the Managing Director of Domain Property Advocates one of Australia’s largest Advocacy Estate Agencies. Melanie also oversees the Property Management department which boast a team of full time staff over multiple offices, who manage an extensive portfolio of properties and tradespeople around Melbourne. With her commitment to the real estate industry Melanie is also the Chairperson of the REIV Property Management Chapter and founder of the property Management interest group at the REIV. “As Domain Property Advocates continues to grow I will continue to provide superior service to those choosing to use property as their investment. It is an important choice of who to choose as the one responsible to look after your property. You can be sure that Domain Property Advocates will always strive to be the best.” |
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Weekly Auction & Sales Results, Market Overview
The four weeks until today has seen a greater number of reported sales - auction and private sale - than the corresponding four weeks in 2007, a clear sign that the Melbourne residential property market is strong and buyers are confident.
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What happens when a property is passed in at auction?
In recent weeks, auction clearance rates have been at levels not seen since the spring of 2007, so it is timely to offer some tips about the auction process.
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Investment Property – Getting the right rental appraisal
One of the most common mistakes we come across and it is usually after the fact is clients being incorrectly informed as to the likely rental that their new investment property will achieve.
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Weekly Auction & Sales Results, Market Overview
Today the residential auction market delivered the best result in around 18 months which is an exceptional outcome and will provide anyone considering selling in spring with a great deal of confidence.
The clearance rate reached 86 per cent from the 526 auctions reported.
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Go-ahead for urban expansion
Melbourne’s urban area will be allowed to grow another 41,000 hectares to accommodate an extra 415,000 people — more than the population of Canberra — under a 20-year growth and transport plan released by the Brumby Government.
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