Melbourne Property News Monthly Wrap – March 2026

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Melbourne Property News - Buyer Marketing

Listings jump for March home buyers

Over March’s first two weekends the Real Estate Institute of Victoria (REIV) recorded more than 1,134 auctions. 789 properties sold, 545 at auction, with 278 passed in. 244 properties were sold before auction with 0 properties selling after auction. The clearance rate averaged 75.5%. 1,185 homes were bought by private sale.

Vendors rush to sell

The Moomba long weekend brought a quiet start for March but the market quickly picked up in the second week. February for example had 12% more listings than the five year average (Cotality). Vendors are keen to sell while conditions are good. The new uncertainty over inflation and interest rate rises is adding urgency as well. So there’s plenty of stock right now and a great opportunity to secure the perfect property!

What’s the difference between the Melbourne market and the rest of Australia?

This March Australia’s housing market is split, based on supply. Smaller cities like Perth and Adelaide keep seeing value rises because they have a shortage of homes. Investors flocked to these smaller state capitals over the last couple of years and are now sitting on investments waiting for capital growth. On the other hand, because Melbourne has a much better supply of homes, values are now generally flatlining, except the more affordable zones, like the outer north.

The best homes are always targeted

Agents report home for sale inspections are drawing solid attendance, but potential buyers are becoming more tactical. They are competing hard for the best properties. In this environment it pays to have Buyer Marketing on your side.

How we find the best silent listings!

Besides our negotiating skills, a big plus with Buyer Marketing is how we identify the newest listings before they hit the wider market. ‘Silent’ listings are properties that bypass the usual marketing and auction process. They’re often sold without being advertised and most people don’t even get to see them.

Silent listings occur for several reasons, including:

Pre-market opportunity – when agents invite other real estate industry professionals like us to view the property before a campaign begins.

In-house referral – when a sales agent may introduce the new listing to their property management department, inviting inspection by current landlords.

Quiet sale – when a property owner wants to sell without making it public knowledge. This might be to avoid family conflict or curious neighbours, or just because they prefer privacy. It could be they don’t trust the auction process, want to avoid advertising costs, or have other financial pressures.

Direct approach – where a selling agent believes they’ll achieve a better sale result by approaching qualified buyers individually, rather than by advertising or selling at auction.

The perfect property, for the best possible buying price

Once we have your ideal property in our sights, we get to work securing it for you under the most favourable terms. Call Buyer Marketing today to learn more about the right route to getting your perfect property, for the best price!

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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