July 3, 2023 | Beckett Property Market Review for June 2023

As the financial year ends, numerous Victorians are eagerly embracing the opportunity to escape the chilly weather and embark on a winter getaway during the school holidays.

Melbourne’s property market continues to showcase resilience, evident through the robust auction clearance rates recorded in June. At an impressive 78.5%, these figures only slightly deviate from the preceding month’s average of 79.2%.

Buyer demand remains strong due to the limited supply of properties on the market. A significant increase in off-market properties and transactions has been observed, and this trend is expected to continue until the onset of spring, which is historically the busiest season for real estate sales.

At Beckett, we embrace the changes to our city and varying market conditions. We constantly strive to source new opportunities for our clients and unlock the potential of each property to create remarkable lifestyles within the Melbourne community.

Our commitment and dedication to our clients has firmly established our position as one of Melbourne’s most successful, consistent, and creative Buyers Advocates. Our company is built on the foundation of experience, industry and economic knowledge, ethical advice, networks, relationships, world-class customer service and optimal results.

If you are thinking about buying a property in Melbourne in 2023, please feel free to contact us at [email protected].

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