In 2014 a total of $53.7b, over one billion dollars a week, was spent on Melbourne residential real estate. Key…
Articles by Robert Larocca

Robert Larocca is RP Data's Victoria Housing Market Specialist. He has built a profile over the past eight years as an expert on the Victorian residential property market. Visit www.rpdata.com
A preliminary weighted average clearance rate of 78.3 per cent was recorded this week across capital cities compared to 74.5…
A stellar auction weekend resulted in the best figures in 5 years for the capital city auction market. A preliminary…
Five years ago there were 3,335 homes sold for in excess of one million dollars in Melbourne – not so…
With dwelling values generally moving higher there are fewer opportunities for buyers on a budget below $400,000 to purchase a…
One of the more interesting property market metrics tracked by CoreLogic RP Data is the average vendor discount. It shows…
Historically speaking, the performance of last year’s rental market in Melbourne was relatively moderate. In the last three months of…
Prahran and Williamstown now join the million dollar club in Victoria. In fact Melbourne now has 52 suburbs with a…
Despite the market cooling, the overall clearance rates for 2014 have surpassed those of 2013. A preliminary weighted average clearance rate…
Auction clearance rates have remained under 70% for the 10th week in a row. A preliminary weighted average clearance rate of…