If you live in Melbourne and have been out for your morning coffee on a Saturday you will have no doubt seen crowds of anxious people in residential streets milling around next to a for sale signboard waiting nervously for the auctioneer to begin his spiel. An out-of-towner recently commented to me in her European accent on how strange she thought the way we sell property is in Melbourne. Her summation was "... It is bizarre the way you do things here in Australia. Everyone s

The Melbourne property market is strong right now. And the property pundits are predicting further increases (10%-15%) for this year. The median unit price in Mentone is $588,000 and the median house price is $1,200,000. I have been selling in this area for over 11 years now and back when I began selling in Mentone, prices were less than half what they are today. This means an average annual growth rate of more than 7% compounding as time goes on. Depressed much? Feel like yo