Melbourne Property Market Update – October 11, 2013
By Peter Sarmas on 11 Oct 2013
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Photo: Matt Ryall, Creative Commons
Property professionals seem certain Australians will witness fast property growth over the coming months. In fact, the chief economist at HSBC Bank went so far as to say that a housing boom is just beginning.
• Auction clearance rates over the weekend remained strong in Melbourne, despite overseas economic concerns, suggesting that Australians feel our economy can withstand any potential difficulties.
• For those interested in investment opportunities, buyer’s advocate Cate Bakos explored the benefits of purchasing property ‘off-market’ – that is when it has yet to be advertised for sale.
• Even the best tenants can’t guarantee that a landlord’s asset and income will be safe. What should landlords do when bad things happen to good tenants?
• Do you know what glamping is? The craze is incredibly popular with environmentally conscious travellers. We put together a list of the best glamping locations around the world.
• Finally, this weekend marks the beginning of the Melbourne Festival, which will host movie screenings, concerts, theatre performances, dance performances and art exhibitions over the next two weeks. Free children’s events will take place in Federation Square throughout the festival. Take a look at the full program for more information.
