Buy­ers flood mar­ket

Herald Sun - Property - - MARKET WRAP -

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.

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