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Melbourne Auction Results – April 7, 2014

By Peter Sarmas on 7 Apr 2014 No Comments yet, your thoughts are very welcome

The big news over the weekend was the launch of new Swedish mega store H&M. This global retail clothing store is breaking the Australian misconception that traditional bricks and mortar sales are going down the toilet. But what has this got to do with last weekend’s auction results? Very little and quite a lot ...

Melbourne Property Market Update – April 5, 2014

By Peter Sarmas on 5 Apr 2014 No Comments yet, your thoughts are very welcome

While the RBA surprised nobody when it announced that interest rates will be kept on hold on Tuesday, there have been calls to quell high investor activity. Aussie Home Loans urged the federal government to first home buyers who are being priced out of the market, by introducing a 10-year housing plan ...

Average Length of Home Ownership Rises

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

Home owners in Sydney and Melbourne are holding onto their houses longer, and owners in Melbourne and Hobart are also doing the same with their units, according to a report released by RP Data, which looked at the length of time a property is held by its existing owner. It appears that the average length of ownership is increasing ...

Melbourne Auction Results – March 31, 2014

By Peter Sarmas on 31 Mar 2014 4 Comments

With nearly 200 results still to be followed up by the institute there are signs that we are seeing a more steady market in Melbourne rather than one that is booming, with pass-ins being noted in a number of Melbourne's inner and outer suburbs ...

Melbourne Property Market Update – March 29, 2014

By Peter Sarmas on 29 Mar 2014 No Comments yet, your thoughts are very welcome

This weekend is expected to be the busiest yet in terms of auctions, as vendors hurry to sell before the Easter shutdown. On Street News, Peter Sarmas examines how the recent rise in property levels means more choice for buyers and increased competition for vendors, while Cate Bakos explores what Altona has to offer ...

Melbourne Auction Results – March 24, 2014

By Peter Sarmas on 24 Mar 2014 No Comments yet, your thoughts are very welcome

There is no doubt stock levels are rising as I notice a higher than normal level of properties are up for sale or heading to auction over the next few weeks. Venders are eager to beat the Easter Break rush. How is the health of the property market? Well good if you take clearance rates as the barometer ...

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