Melbourne’s Property Market Sees Shift Towards Midweek Auctions
Melbourne’s property market is witnessing a significant shift as midweek auctions gain traction amidst declining Saturday events. Recent data shows only 246 homes auctioned this week, with 50% scheduled for Saturday, down from 86% last year. Experts suggest that midweek auctions may provide sellers with a competitive edge, especially during high-profile events like the AFL Grand Final. Successful sales, such as a $1.675 million property at 7 Roma Parade, highlight the effectiveness of this strategy in attracting serious buyers.
BYD Yangwang U8 Making Waves in Australia
The highly anticipated BYD Yangwang U8, an amphibious plug-in hybrid luxury off-road SUV, is set to make its Australian debut next year, standing out in the market with its unique features. With sightings in Melbourne and Brisbane, car enthusiasts are buzzing about this new arrival. Stay informed on this and other automotive news with Drive’s comprehensive platform.
World’s First Virtual Reality Auction Sells Property for $1.487 Million in Melbourne
The world witnessed a groundbreaking event as the first-ever virtual reality auction took place in Melbourne, resulting in a premium sale of $1.487 million. Greg Brydon, a master auctioneer from Ray White, utilized virtual reality technology to provide an immersive experience for bidders and spectators. With five bidders vying for a two-bedroom home, the auction surpassed the asking price and culminated in a successful sale. The event highlights the transformative impact of VR technology on the real estate market, setting a precedent for future property transactions.
Dreamhack Transforms Melbourne’s Olympic Park into a Gamer’s Paradise
Melbourne’s iconic Olympic Park has transformed into a gamer’s paradise for Australia’s largest esports event, Dreamhack. With a vibrant atmosphere, attendees can enjoy headline acts, explore the latest gaming technology, socialize with industry experts, and indulge in creative merchandise. From free-play gaming areas to LARP zones, the event offers something for everyone, including tabletop and card games like Magic the Gathering. With engaging activities and diverse offerings, Dreamhack at Melbourne’s Olympic Park is a must-visit destination for gaming enthusiasts and creatives.
Geelong’s Tent Pole Festival 2024: Headlined by Dinosaur Jr. and Mogwai
Get ready for the ultimate musical jamboree as Geelong’s Tent Pole Festival returns in 2024, headlined by alternative rock legends Dinosaur Jr. and post-rock monarchs Mogwai. This fantastic all-ages festival, which made its unforgettable debut last year, promises to be…