Would you consider buying a townhouse or an apartment in the suburbs? In this week’s property market update we talk about how residents are opting for a smaller footprint, less maintenance and location, location, location. We also look at the impact that the cost of stamp duty is having on household finances. ...
Has the heat gone out of Melbourne’s property market? Quality suburbs are experiencing some ugly results with agents reporting low clearance rates, some at 50%. One agent describing the market at the moment as a “feast or famine” situation. Peter Sarmas reports on current buying and selling conditions. ...
Do you have a spare room in a sought after suburb? In this week’s property market update we learn that rental affordability issues are turning an increasing number of people to share accommodation. We also talk about the lack of planning by local governments or planning agencies for alternative housing and living needs for the elderly. ...
Are we facing a Sydney style correction which will see property prices free fall in Melbourne or is this just a seasonal adjustment? In this week’s market wrap Peter Sarmas examines Melbourne’s property market. He looks at interest rates, the economy and talks about how these factors affect Melbourne’s current house prices. ...
What are the implications for Melbourne if urban sprawl continues? This week we find out that despite the trend toward high-rise densification in Melbourne's downtown core, housing sprawl continues to expand along the city's undeveloped fringes at record rates. ...
Foreign investment in Australian property has been steadily increasing over the past 5 years, gaining considerable steam in the past 18 months – and why wouldn’t it? But are we now starting to see foreign investors reassessing their future investment strategy regarding Australian property? Read the full article from LaTrobe Financial. ...
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