In this week's market wrap Pete Wargeant reports on the Sydney real estate property market which seems to be locked in a "frenzy". We also look at Sharon Fox-Slater's report of tenants on low incomes- rural rooming houses, city “slums in the sky” and accommodation-for-sex advertisements are becoming symptoms of a tough rental market. ...
Will we see another rate cut this month? Peter Sarmas looks at the current state of the economy and in particular the data released on Capital Expenditure Spending (CAPEX). He also analyses the latest Westpac-Melbourne Institute Consumer Sentiment Index and survey which was conducted between the 11th and 16th of May. ...
Catch up on the latest property market news in our weekly recap released each Saturday. In this week’s property market update we talk about the new apartments planned for South Melbourne, Southbank and Port Melbourne. We find out if Melbourne is on track to becoming the world’s densest city and if we have reached the end of the mortgage lending boom. ...
Last weekend saw another big week for Melbourne property auctions with the East and Inner South areas showing the most strength for both houses and units. This week Peter Sarmas reports on new lending laws for property investors and he discusses the report released by Infrastructure Australia. ...
This week we look into apartment developments in Melbourne and why many of the apartments are being described as "dog boxes". Martin North discusses the potential impact of investor loans and we find out the latest design trends for kitchens and bathrooms. ...
Following Treasurer Joe Hockey's “Have a Go” Budget, the Aussie dollar rising to 81 cents and the recent rate cut by the RBA, the property market is seeing a rise in multiple biddings, with many reserve prices being smashed. Peter Sarmas takes a close look at the outstanding auction results on Saturday and the incredible performance of private sales in the eastern suburbs. ...
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