There’s no doubt that property values in Melbourne are on the rise. The latest data shows that a flight to quality has occurred across the property market, with A-grade homes and investment-grade properties performing better than B-grade homes and C-grade properties. The market’s current performance has created a window of opportunity for homebuyers and investors with a long-term approach to property investment.
What is the best time of year to sell property in Melbourne?
But navigating the Off Market Properties Melbourne market can be difficult. It’s important to consider different suburbs and homes, as prices can vary significantly. It’s also worth researching past sales in your area to help determine what value you might expect to pay for a particular property.
When considering buying a property, it’s always a good idea to sign up for a buyer’s agent. This will give you the inside track on properties that are coming to market before they hit the general public, as well as a range of other useful tools and resources for the property market.
There are many reasons why vendors choose to sell their homes off-market. These may include wanting to avoid the uncertainty of an auction campaign or being concerned about their privacy when dealing with prospective buyers. The anonymity of off-market selling can also be attractive for owner-occupiers with tricky family situations.