Melbourne Property Market Update – August 29th, 2015
By Peter Sarmas on 29 Aug 2015
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Densification Makes Melbourne Vulnerable To Climate Change
Should we be wary of the potential perils of urban densification? The recent spate of vertical, high-density development in cities such as Melbourne could be making them far more susceptible to the potential hazards created by global climate change.
ADI Property Exposures To June 2015 – Up and Away!
ADIs’ total domestic housing loans were $1.3 trillion, an increase of $97.1 billion (7.9 per cent) over the year. Martin North of Digital Finance Analytics reports on the APRA’s latest quarterly ADI property exposure data.
Climate Change Report Depicts Dire Warning
Coastal flooding due to climate change could put homes, business and roads worth $226 billion at risk. The Climate Council released its latest report – Growing Risks, Critical Choices – which details the impact of climate change on health, property, farming and ecosystems.
NAB Ups Value Of Investment Loans Held
Should we be questioning the accuracy of the reporting processes? Digital Finance Analytics looks at the data after NAB announcing a reclassification of household data provided previously as part of its regulatory reporting obligations.
It’s The End Of The World As We Know Tt…Again
On “Black Monday” October 19, 1987, the US stock market crashed, losing over 500 points and 22% of its value in a single day. At around the same time, R.E.M. had just broken through as a major act, and their song “It’s the End of the World as We Know It (And I Feel Fine)“ was playing everywhere, getting an extra boost from the events of the day. Martin North shares an interesting report from “The Conversation”.
Central Locations To Buy At Bargain Prices
Despite a median house price of $706,000 and apartment price of $545,500, many of Melbourne’s desirable suburbs boast homes for $200,000-plus – in the inner north and south of the city. Find out where the affordable suburbs are in this report from REIV Chief Executive Officer, Enzo Raimondo.
