Melbourne Property Market Update – May 23rd, 2015

By Peter Sarmas on 23 May 2015
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Victoria to Combat Cramped Apartments

A new wave of residential apartments in Victoria are being referred to as “dog boxes”. Over three quarters of one-bedroom units under development in Victoria measure 50 square metres or less in area. Read the report from Marc Howe from Sourceable Industry News.

Rental Yields Fall

Rental rates across the combined capital cities increased by 0.1% in April and continue to rise at their slowest annual pace in more than a decade.  While rental rates tell part of the story, it is also important to consider rental yields. Martin North of Digital Finance Analytics provides a comprehensive report here.

Public Transportation Improves Public Health

Is driving to work affecting your physical well-being and would you actually be better off using public transport? Sourceable Industry News looks at a new study scheduled for publication in the Journal of Epidemiology & Community Health.

How Dangerous Is The Rise In Investor Loans?

The public statements from the Reserve Bank suggests they are monitoring the situation and working with APRA on potential measures should the need arise. Martin North gives an interesting report on the potential impact of investor loans.

Key Design Trends for Kitchens and Bathrooms

Around Australia a surge in new home building activity has seen a corresponding boom in the kitchen and bathroom sector. So what are the latest design trends? Find out in this report from Andrew Heaton of Sourceable Industry News.

Window Coverings and Your Health

Many home owners are looking for alternative building materials and products that will ease their allergies and reduce the amount of toxins in the home. Read here why the home has been earmarked as one of the leading culprits for a significant increase in people suffering from allergies.

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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