Melbourne Property Market Update – September 20, 2013

By Peter Sarmas on 20 Sep 2013
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The Melbourne property market is certainly charging ahead this spring. In fact, new data suggests enthusiastic first home buyers have flooded the market over the past three months.

• In our weekend auction wrap, we consider the factors contributing to the property market’s renewed strength.

• Those searching for the perfect new home should consider why buyer advocate Cate Bakos described this Caulfield South villa as a fantastic investment.

• Urban Melbourne took a look back through their database to select their Top 5 building projects currently approved for development.

• Angelina Jolie is staying in Sydney during the filming of her latest movie. Take a look at the luxurious mansion she and her extended brood could soon be calling home.

• And if you’re looking for something to do over the weekend, the Melbourne Fringe Festival has officially started. The three week artistic festival includes comedy skits, theatrical performances, concerts and circus spectaculars. There are events suitable for families and adults alike.

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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.