Melbourne Property Market Update – September 13, 2013

By Peter Sarmas on 13 Sep 2013
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Consumer confidence rose for the fifth consecutive week this week, suggesting Australians are feeling more confident about the economy and the property market.

• The Melbourne auction clearance rate managed to hold steady over the weekend, despite a lower number of auctions.

• Have you ever wondered how you can tell if a property is more likely to pass in at an auction? Cate Bakos explained the indicators she looked for when she was out and about at a property in Balwyn.

• Wyndham City Council’s vision for Wyndham Harbour could revitalise the western suburbs of Melbourne.

• Just in time for Friday the 13th, take a look at the ten spookiest abandoned cities in the world.

• And The Spring Graze, a Melbourne Food and Wine Festival offshoot, will be hosting over 70 food and wine events across the state throughout September to celebrate new season produce. Take a look at the list of upcoming tastings, dinners and cooking workshops.

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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