Buyers flood market
varied based on price point.
“In our opinion the top end ($7 million-plus) has cooled,” Mr James said.
“Now that is very different in our opinion from the $3 million to $6 million market in exactly the same areas, which has good bidder depth from locals.”
The Queen’s Birthday long weekend has seen a big drop in auction numbers with about 300 properties to go under the hammer across metropolitan Melbourne this week.