reno rd
21 Reno Road Sandringham experienced an 80-strong crowd at auction this weekend

The stand-out feature of Melbourne’s real estate market this year – consistency – was on show again on Saturday as moderate to large numbers of onlookers braved the icy conditions to attend auctions and open houses.

As noted by Hodges Director, Julian Augustini, Hodges experienced healthy attendance numbers at auctions on Saturday; an 80-strong crowd at a Sandringham house auction a testament to this.

”People think they are seeing a more positive market and they have increased listing numbers for July. I think the key to this market is that it’s kicking off earlier than normal; usually July is a quiet month,” said Julian.

This article first appeared in The Age on July 26, 2014