Melbourne Property News Monthly Wrap – August 2025

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Melbourne Property News - Buyer Marketing

August rate cut exciting news for buyers!

Over August’s first 3 weekends the Real Estate Institute of Victoria (REIV) recorded more than 1,707 auctions. 1,292 properties sold, 970 at auction, with 251 passed in. 322 properties were sold before auction with 0 properties selling after auction. The clearance rate averaged a high 84.5%, but down on this time last month which was 87%. 548 homes sold by private sale.

In a highly anticipated move, the Reserve Bank cut the interest rate on August 12 from 3.85% to 3.6% (0.25 percentage points). For the average buyer with a $750,000 mortgage, the minimum monthly repayment will drop by $120. Added to other rate cuts this year, that’s an overall saving of about $370 a month since January. 

3 Fantastic Buyer Marketing Purchases This Month – Secured with Strategy & Skill!

1/-52 Willow Road Frankston
An exciting off-market opportunity secured for just $810,000 – this solid 4-bedroom, 2-bathroom brick home with a 2+ car garage in one of Frankston’s most sought-after central locations. Purchased by three young brothers wanting their first home for renovation, this deal was a major win. Our clients are thrilled to have avoided the stress of a competitive campaign, walking away with an outstanding property at a great price!   

2/-1/286 High Street Northcote
Purchased for $910,000, this unique three-level warehouse townhouse – part of the iconic redevelopment of the old Gainesville Furniture building at the top of High Street in Northcote. With striking design and unbeatable location, this was a high-impact acquisition. Our clients are absolutely over the moon, and we’re proud to have negotiated such a standout purchase on their behalf.  

3/-15 Falkiner Crescent Dandenong
An off-market gem. This beautifully presented 4-bedroom, 2-bathroom brick home with a double garage in the heart of Dandenong was secured for $1,000,000 – a strong result in a fast-rising market. By avoiding the auction process, our clients sidestepped intense competition. Their patience and trust paid off, and they couldn’t be happier with the outcome. Buyer Marketing’s strategic approach once again delivered results!

Are home prices about to jump?

Most analysts say Melbourne values are unlikely to surge suddenly, because affordability and cautious lending from banks limits how fast prices can climb. On the other hand we do know there’s plenty of room for Melbourne values to rise, or boom even, given what inflated prices people on similar wages are paying in Sydney. They have to pay way more than us, but they still find the money. Melbourne’s median mortgage is $622,744 and Sydney’s is 794,831, which is $172,000 more!

What’s the likelihood of more rate cuts?

Looking ahead, the RBA has three more scheduled opportunities to cut rates this year – September 30, November 4 and December 9. Having made an August cut they will probably balk in September, being cautious. Market expectations suggest the cash rate could be around 3.2% by year-end and 3.1% by March 2026, meaning we will most probably get one or two more cuts by the end of the year. 

Where do you get the best financial result from buying and holding a home? 

According to the latest Pain & Gain Report from Cotality, home sellers (both units and houses) in Bayside made a median profit of $608,000, which is the highest average profit across all Melbourne regions. The area includes Brighton, Sandringham, Beaumaris and Hampton. The median hold period was a bit longer than most areas – 13 years.

North-eastern suburbs were close behind. Nillumbik, ranging from Eltham to Kinglake, is second highest with a median profit of $528,500. 

Banyule Shire, from Ivanhoe to Greensborough was third with a profit of $459,750.

All these zones blew Stonnington (South Yarra, Malvern, Toorak and Tooronga) out of the water. Median profit in Stonnington was just $169,500. The figure in this zone was moderated by lots of unit sales.

Home ownership is one of the best routes to personal or family prosperity. Buying a home is a major life move and you need to get it right. And your best bet for a successful, strategic buy is having Buyer Marketing by your side, guiding you through the whole process from start to finish!

Peter Fox
Principal Advisor &
Licensed Estate Agent
Buyer Marketing

Google Reviews

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Gail Lobo profile picture
Gail Lobo
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Peter's knowledge and expertise were invaluable when purchasing my first home. He guided me through every step and kept me informed regularly, which made the process easier and less stressful. I felt supported and in good hands throughout. Everything fell into place within a few weeks, quicker than expected! I would highly recommend Peter and his services.
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Charlotte St John profile picture
Charlotte St John
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Peter Fox is an outstanding buyer’s advocate. I am so glad that I hired him. It was incredibly helpful to have someone so experienced in real estate navigate the ins and outs of buying a home on my behalf. He achieved the result I was looking for in record speed, and took the stress out of everything. Thank you Peter.
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Colby Hart profile picture
Colby Hart
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Peter was a fantastic buyers advocate - identified and negotiated our dream home for us extremely quickly. Couldn't recommend higher.
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Beatrix Neville profile picture
Beatrix Neville
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I had an excellent experience working with Peter in purchasing my first home. Peter has a calm demeanour and is a clear communicator - never once did I feel stressed, pressured or uncertain of where I was in the journey or what the next steps would be. Peter understood me and my brief, selected quality properties to inspect and took me through off-market properties to compare. Within 3 weeks of contracting Peter we secured the perfect place. I am absolutely thrilled with my purchase, and believe I would have missed out on the property without Peter's rapport and expertise in communicating with Real Estate, and then guidance once the negotiation process started. Peter made the process of finding a property so fun and exciting that I was almost sad when it was over! Thanks Peter!
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Jean-Pierre Eid profile picture
Jean-Pierre Eid
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We engaged Peter Fox for bidding and negotiating, hands down one of the best decisions we ever made. He was clear and comforting ahead of auction and on the day witnessing Peter go to work was awe inspiring. Having done his due diligence beforehand, he was quick to assess a sizable field of interested parties and surgically execute a winning strategy securing for us our dream home. All that aside Peter was empathetic and understood our worries and motivations while also demonstrating strong discipline and an ethical approach throughout. Thank you Peter Fox
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Jessica Fagioli profile picture
Jessica Fagioli
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Peter is nothing short of a real estate king. I engaged Peter because I was looking at buying a specific house in a very competitive area, and which was being sold under a complex set of circumstances. Before even formally engaging him, Peter had gone to see the house in question, had spoken to the real estate agent, and had a good idea of what we were working with. From that moment on, I knew I was in safe hands. Peter was always available to alleviate any concerns and answer any questions, and when he wasn’t in a position to know the answers, he knew exactly how to get them in a prompt manner. Peter established a strong rapport with both the vendor’s solicitor (which ensured my lawyers and I were comfortable with the state of affairs before auction day) and the selling agent (which was critical to my ultimate success at auction). I cannot even begin to describe Peter’s mastery on auction day: there is no way I would’ve succeeded had he not been there. I cannot recommend Peter highly enough. Infinite thanks to you, Peter!
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patty goodman profile picture
patty goodman
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I purchased an investment property through Peter and he made the process so easy and stress free. I saved so much time being able to work while he inspected multiple property’s and negotiated a good deal for the right one. Highly recommend this bloke!
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Peter Mallen profile picture
Peter Mallen
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Peter Fox from Buyer Marketing helped us buy a property in Vermont South recently. We have been looking to downsize for some time and, honestly, are fairly fussy with our criteria. So when a house came along which ticked many of the boxes for us, we enlisted Peter's help to negotiate with the agent and to get the deal across the line. Peter was friendly, approachable and professional throughout. His knowledge and experience of the real estate market and the buying side in particular meant that we could leave the conversations and timing of offers to Peter. We were able to secure the property we wanted at a price that met our budget and met our criteria. So we are very grateful for Peter's advice, assistance and good communication throughout the process.
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Peter Villinger profile picture
Peter Villinger
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With Buyer Marketing’s Peter Fox I was in good hands from the beginning. An initial meeting with Peter set me on the path to a successful purchase of a property. This was an informal chat whereby he was able to understand precisely what my requirements were.From there the process was clear and efficient, Peter explaining not only what he would do but also how and why those were his strategies.Regular updates and the knowledge that he was up for a chat anytime was most reassuring. Peter V
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James Ireland profile picture
James Ireland
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Peter provided us with deep knowledge of the local areas, the real estate market and contacts within the industry that allowed us to quickly purchase a property that suited us perfectly. He gave us calm and thoughtful recommendations and was there for us at every step. He gave us insights we would not have otherwise known, and made the whole process simple. He conducted all the negotiations on our behalf and we came away with the perfect property at the right price. Could not recommend his services higher.

Buyers Agent Melbourne

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