Melbourne Property Market Update – March 15, 2014

By Peter Sarmas on 15 Mar 2014
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Melbourne Property Market Update – March 15, 2014
Photo: Chris Betcher

After a slow long weekend, auction activity is set to surge again today. In fact the REIV believes there could be a record number of auctions during March overall.

• In his weekly market commentary, Peter Sarmas examines which Melbourne suburbs were the standout performers last week – and which areas are set to suffer due to an influx of new apartments.

• Why was Northcote this couple’s dream location? Cate Bakos explores the bohemian inner Melbourne suburb.

• Industry experts have urged first time buyers to be ready to compromise in order to get into the real estate market. Take a look at our list of suggestions for securing more affordable housing.

• And Green Moves Australia thought it was about time some of the myths around green house building were busted. The question is no longer ‘Should I build a green home?’ It’s ‘Why wouldn’t you?’

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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.