Melbourne Property Market Update – June 21, 2014

Photo courtesy of: Free Aussie Stock

On the back of a record month in May the property industry prepares itself for another month of potentially high auction results and clearance rates. But what’s driving prices?

• In his weekly wrap Peter Sarmas discusses the growing strength in the Melbourne property market after we experience another weekend of strong auction results.

• Whilst Cate Bakos helps a client purchase a classic Victorian style investment property just 5kms from the CBD.

• There are many measures of affordability in the marketplace. However, how many of these measures accurately depict the affordability or otherwise of housing in Australia?

• Australia’s lack of education about Lyme disease is a growing concern for individuals who work with chronically fatigued and ill people.