This week the Australian Bereau of Statistics predicted the Australian population will double by 2075. This has concerned many in the property industry, who believe we could face a dire housing shortage. Meanwhile, in his weekend auction wrap, Peter Sarmas considers whether there is a splitting property market in Melbourne ...
If I was a Yarraville local – and I’m starting to wish I was – there is no doubt Alfa Bakehouse would be my favourite spot for coffee. Unlike many of the suburb’s cafés, Alfa never seems to be filled to the brim with people. It’s busy, yes, but there’s a lot of space, and always room for one more customer ...
Is there evidence of a splitting property market in Melbourne - where buyers are aggressively bidding on certain property types in certain areas while other properties and suburbs remain subdued? Some commentators are calling this auction clearance rate drop the end of a ‘bull run’, but I’m not quite convinced yet ...
This week, a study released by Mortgage Choice revealed that Australians are confident about their finances. This optimism is said to be due to a succession of positive economic data. Property prices are also climbing at a steady rate. Peter Sarmas consulted property expects who attended a number of auctions ...
When I sat down for my dose of The Financial Review on Sunday afternoon, I couldn’t help thinking we are either entering a boom or we are already in one. It almost feels like the late 1980s when massive successes were regularly paired with tales of corruption and criminal entrepreneurs Bond and Skase dominated the news ...
Everyone’s talking about Yarraville. It has cool wine bars, they say. Quirky design shops. Vintage Melbourne architecture. And it’s only 8 kilometres west of the CBD. When I found myself with an hour to kill in the area, I decided to discover what all the fuss was about. And it didn't take long before I decided I’m concurring with the masses ...
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