Melbourne Property Market Update – June 21st, 2015

By Peter Sarmas on 20 Jun 2015
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The Rapid Expansion Of Shrinking Tenancies

Downtown tenancies have diminished sharply in size in recent years, resulting in new opportunities on the market for CBD office space. Why are smaller tenants commanding a rapidly expanding share of the market for office property? Marc Howe from Sourceable Industry News discusses this interesting question in his report.
 

Melbourne Has Recorded Over 12,500 Unit Approvals This Financial Year

Unit approvals in inner city Melbourne are more than double than anywhere else in Australia, as strong demand from investors and low interest rates drive a surge in construction. Find out the current national approvals figures for dwellings and units and the top five regions for house approvals.
 

RBA Minutes For June Meeting Released

Martin North of Digital Finance Analytics looks at the RBA Minutes for the June meeting and gives us his opinion on future prospects for rate changes. He also provides the RBA minutes which look at international and domestic economic conditions, financial markets and considerations for monetary policy.
 

Gold Coast Diversifies Economy With Giant Business Park

Can the development of an industrial business park on the Gold Coast diversify the Gold Coast economy – which is still chiefly known for its tourism industry and theme parks? Sourceable Industry News takes a look at this development and its potential impact.
 

Will My House Increase In Value?

Everyone who owns property has one burning question – will my house increase in value this year? What needs to be taken into consideration when answering this question? Find out if you can you predict which suburbs are more likely than others to show an increase in median prices.
 

A Home Of Your Own: Dream Or Delusion?

Results show that more than two out of every three Australians are living in their own home. What harm can there be in having dreams? Find out how the desire we have to own a home can come at a great cost. Are Australians exaggerating the joys of home ownership?
 

About the Author

Peter Sarmas is a Certified Property Investment Advisor (PIAA) and Vendor/Buyer Advocate. Before becoming the founder of Street News, Peter completed a Degree in Applied Science (Chemistry) and a Graduate Diploma in Property Valuations (Hons). Peter believes property investing is a major and potentially risky undertaking. In his view, everyone should have an independent person acting on their behalf when seeking property investment advice.

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