Melbourne Property Market Update – June 28, 2014

Photo courtesy of: Wikimedia Commons

This week, the potential incorporation of a new planning law threatens to have a major impact on property prices, however, auction results and clearance rates remain strong.

• In his weekly wrap Peter Sarmas discusses the new planning laws that are being incorporated next month and the substantial influence they may have on the property market and prices.

• Whilst buyer’s advocate Cate Bakos demonstrates the vitality of having great renovation prospects.

• It’s been argued for a long time that New South Wales will be Australia’s star economy of the coming decade and there are a number of reasons for that.

• It’s considered that campus designs are not conducive to conversation and outdoor academic socialising. So why do students and academics want more green, a grassier space and less wall and concrete?