Melbourne Property Market Update – April 26, 2014

By Peter Sarmas on 26 Apr 2014
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Unsurprisingly, there are few auctions set to take place this Anzac Day long weekend. Yesterday hundreds of veterans and their descendants gathered to pay tribute to our fallen in ceremonies across the country.

• This week on Street News, Peter Sarmas considers recent housing data released by the Australian Bureau of Statistics and what bearing this will have on the economy and the greater property market.

• Cate Bakos was faced with the challenge of finding a family home for an overseas buyer.

• Student accommodation is an asset class with potential, but caution is advised when considering investment.

• And there are a number of catchy real estate acronyms out there, but what do they really mean?

About the Author

Peter Sarmas is a Certified Property Investment Advisor (PIAA) and Vendor/Buyer Advocate. Before becoming the founder of Street News, Peter completed a Degree in Applied Science (Chemistry) and a Graduate Diploma in Property Valuations (Hons). Peter believes property investing is a major and potentially risky undertaking. In his view, everyone should have an independent person acting on their behalf when seeking property investment advice.

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