Victoria's property week, without the spin.
Every week: the weekend's auction results and what really passed in, price moves across Melbourne and regional Victoria, what Spring Street is legislating, who the regulator is chasing, and the segment-by-segment story — houses, units, townhouses and acreage. Written for people who like the numbers straight.
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What's inside every edition
The Weekend's Auctions
Clearance and pass-in rates for Melbourne and the regions — including the gap between Saturday's rosy preliminary numbers and the real, revised ones. Almost nobody tracks the revision; we lead with it.
Price Watch
The monthly index moves, suburb standouts, and where the medians actually sit — houses and units, Melbourne and regional Victoria.
Spring Street
Bills, reforms and rule changes out of the Victorian Parliament and Canberra that touch property — decoded before they take effect, not after.
The Naughty Corner
Underquoting cases, trust-account trouble and builder bans — who Consumer Affairs Victoria and the courts dealt with this week.
Bricks & Money
The commercial side: office vacancy, big Melbourne deals, receiverships and what the REITs are reporting.
Segment Tracker
Houses vs units vs townhouses vs acreage — which segment is actually moving, with the honest caveats about what the data can and can't tell you.
From a recent week
- AuctionsMelbourne was the biggest auction market in the country this week — 627 scheduled against Sydney's 520 — and the best performer: 63% clearance, its strongest since March. Saturday night's preliminary read was 64.2%; by Sunday it had already slipped.
- PricesThe tension that tells the story: clearance is firming while prices fall. Melbourne down 1.2% in July, −3.4% for the quarter — yet forecasters tip Melbourne attached homes (units, townhouses) to rise while detached falls.
- Spring StThe underquoting bill — agents must publish the vendor's reserve seven days before auction, from 1 October — sits in the upper house.
- Naughty cornerQuiet week in court, but the taskforce case against a Glen Waverley agency over alleged underquoting on 11 properties is live and moving.
- Bricks & moneyMelbourne office vacancy is the nation's worst (~19%) but stabilising — and receivers began selling off the failed "Australia's tallest tower" Southbank site, first parcel about $26m.