Melbourne Property Market & Prices

Visit Melbourne Property Market & Prices for updates about all the latest Melbourne property market news, prices, forecasts and updates in 2013.

Hangover Stock Brings About Buying Opportunities

By Peter Sarmas on 26 Feb 2018 No Comments yet, your thoughts are very welcome

This week Melbourne's auction market has been tested with over 1200 properties reportedly going under the hammer over the weekend. Although both Domain and the REIV show clearance rates at nearly 70%, this on the surface seems good but in actual fact is 10% down for the same time last year. Speaking to a number of agents around town confirms.... ...

Where is The Property Market Heading?

By Peter Sarmas on 12 Feb 2018 No Comments yet, your thoughts are very welcome

There has been a lot of “white noise” surrounding the Sydney and Melbourne property market over the last few months and it has taken me a while to determine which way things were actually going to go. Is the Australian property market heading down the gurgler or is this just a glitch? ...

Have Australians become a bunch of Whingers?

By Peter Sarmas on 11 Sep 2017 No Comments yet, your thoughts are very welcome

Melbourne Auction Results 11th of September 2017 73% Clearance Rate 836 Reported Auctions Sold at Auction: 523 Passed in: 194 Sold Before: 99 Sold After: 0 Postponed 14 Source:REIV Melbourne Market Wrap March 11th September , 2017 The REIV reported 836 properties ...

Is Housing Affordability Creating A Gap Between The Rich and The Poor?

By Peter Sarmas on 7 Aug 2017 No Comments yet, your thoughts are very welcome

Australia's political parties are using housing affordability as a platform to boost their popularity and polarise the community, but is this a local issue? Low interest rate cycles globally have pushed asset prices up, so how will this affect our market? ...

Households under Mortgage Stress Could Surpass 800,000

By Peter Sarmas on 19 Jun 2017 No Comments yet, your thoughts are very welcome

The latest unemployment figure releases last week show the Australian economy is growing but is this true? We scratch the surface and look at the problem with our wage growth, our youth unemployment and why many households are suffering mortgage stress. ...

Economic Downturn Spells Trouble for Property Market

By Peter Sarmas on 29 May 2017 No Comments yet, your thoughts are very welcome

Recent economic growth figures measured as GDP, show the Australian economy shuddered to a grinding halt, from 2.4% last year to 1.5% in the opening months of this year. ...