This week we talk about the real change in home values from a housing market perspective, what is co-housing and could it be a solution to urban sprawl and housing affordability and we find out why a fifth of property resales within Melbourne’s inner city incurred losses for vendors during the December 2014 quarter. ...
Peter Sarmas reports that the Melbourne property market is experiencing highest clearance rates since 2010, with only the South East showing clearance rates below 70% for houses. The inner South and outer East had clearance rates above 90% over the weekend. Units also fared well recording above 90% clearance. ...
In this week's property market update Sourceable Industry News looks at the state of asbestos in Australia today, we find out what real estate investors can learn about depreciation from The Block and you'll find out if you could be living in a million dollar suburb and not know it. ...
The inner and middle suburbs have seen the highest number of properties sold before auction this year, the top being Williamstown. Peter Sarmas reports on the Reserve Bank's interesting decision to keep interest rates on hold, to the surprise of most economists and money markets who predicted further cuts. ...
In this week's property market recap we discuss the vexed question of just how many foreign buyers there actually are in Australia’s property market. We also look at which Melbourne train line is getting a multi-billion dollar overhaul and Australia’s most expensive apartment, worth 25 million! ...
A recent study by Research House Core Logic RP Data called the Pain and Gain report shows that just over 30% of vendors sold their property for more than double what they bought it for. Peter Sarmas comments on whether or not you are likely to make a profit on your home if you decide to sell. ...
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