Market Update

Melbourne is one of the great cities of the world, but she has recently lain comatose, barely breathing, awaiting the life-giving kiss of a prince named Spring. And that prince has now kissed our metropolitan beauty and she is awakening once more; Covid-numbers at vanishing point, jasmine in the air, curfews turfed, publicans limbering up... All of which is a way of saying, “We’re back, Baby!’

One-on-one inspections are finally here again and at Abercromby’s with spring in the air there’s also a spring in our step and we’re excited to be showing interested individuals through delicious homes.

Taking New Zealand as the closest possible example, our market is expected to rebound defiantly now out of the Stage 4 lockdown. At Abercromby’s we can vouch for a robust level of demand, so the market will be shaped by supply. Meaning vendors will be rewarded handsomely.

This pandemic, with its many predictions, obfuscations, accusations and inquiries, all soundtracked by a choir of epidemiologists singing contradictory lyrics, has been a distraction from the one overarching and crucial fact about real estate... money is cheap. Money doesn’t get cheaper than this. Money is virtually free. And it will be until Dan Andrews is a trivia question. At the moment quality property is scarce, and thus will almost certainly sell more rapidly than after the first lockdown. So we are entreating potential vendors to step forward into spring.

Please contact us to arrange an assessment of your property, or if you would like additional information about the interesting and breathtaking properties currently on offer in Stonnington, Boroondara and beyond