11/10/2026
Buyers are waking up. Sellers are still hiding.
With the Victorian election countdown on, people are starting to look at property again, hoping for a change of Government.
The problem? There is nothing to look at.
Scheduled auctions are down 50% on this time last year. Half. Vendors are staying home because of the uncertainty created by a grossly incompetent State Government and its reserve disclosure rules.
This weekend:
📊 Domain clearance rate: 58% (710 scheduled, 514 reported)
📊 PDOL clearance rate: 71% (737 scheduled, 380 reported)
Add inflated interest rates from an equally incompetent Federal Labor Government (and we are stuck with them for another 18 months) and it’s no wonder confidence is low.
My prediction? Once the change comes, confidence will follow, and so will the stock.
Change brings opportunity. The question is, do you get in before everyone else, or wait and follow the pack?
Thinking of buying or selling? Message me or email [email protected]