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Melbourne Auction Results – August 18, 2014

By Peter Sarmas on 18 Aug 2014 No Comments yet, your thoughts are very welcome

The sounds of a property bubble are getting louder, and yes, with every boom there is a bust, but many experts have been calling a bubble for years now, and property prices have continued to defy them. Melbourne property prices are up 9.8 per cent and Sydney property house prices are up over 15 per cent for the year ...

Melbourne Property Market Update – August 16, 2014

By Peter Sarmas on 16 Aug 2014 No Comments yet, your thoughts are very welcome

Due to a reduction in the number of homes coming onto the market, buyers could struggle to find a property during the spring selling season. Peter Sarmas discusses this tightening supply, as well as a recent surge in higher priced properties and the impact this is having on the overall market ...

Melbourne Auction Results – August 11, 2014

By Peter Sarmas on 11 Aug 2014 No Comments yet, your thoughts are very welcome

Due to a tightening property supply in Melbourne, it’s thought that we will see a more stable property market rather than a boom bust situation. Robert Larocca of RP Data believes that the gradual reduction in the number of properties coming onto the market could mean that property buyers ...

Melbourne Property Market Update – August 9, 2014

By Peter Sarmas on 9 Aug 2014 No Comments yet, your thoughts are very welcome

This week Peter Sarmas discusses existing developments that are improving housing affordability, and strides the government could be making on the issue, such as abolishing stamp duty. Meanwhile, Cate Bakos had to identify a historical property's realistic market value - or risk missing out altogether ...

Melbourne Auction Results – August 4, 2014

By Peter Sarmas on 4 Aug 2014 No Comments yet, your thoughts are very welcome

Housing affordability seems to be back on the agenda. The REIA told the latest federal inquiry into affordable housing that home ownership in Australia has been declining after four decades of stable levels. So what are some of the options available to the government to help improve property affordability? ...

Melbourne Property Market Update – August 2, 2014

By Peter Sarmas on 2 Aug 2014 No Comments yet, your thoughts are very welcome

This winter’s consistently strong auction clearance rate has set the tone for what’s expected to be a positive finish to the year. In the REIV's June quarter housing report, it was a tale of two suburbs. Both Toorak and Sunshine topped the list of suburbs with the highest growth, a result Peter Sarmas discusses in his weekly market commentary ...

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