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.

Baby Boomers with SMSFs Leading the Charge, but Buyer Beware

By Peter Sarmas on 11 Sep 2013 No Comments yet, your thoughts are very welcome

Wealthy baby boomers are using self-managed super funds (SMSFs) to hustle in on traditional first home buyer price ranges in Sydney and Melbourne. Ray White Elizabeth Bay's Laura Bitar estimated that the number of investors using their SMSFs to purchase a property has doubled since last year ...

Aussie Underperformers in Property

By Pete Wargent on 10 Sep 2013 No Comments yet, your thoughts are very welcome

When I started writing my first book back in 2010, I underscored the reasons why I felt that of all the Australian capital cities, with the possible exception of Hobart, the city I would be least inclined to buy real estate in would be Adelaide. Given the supply/demand dynamic, I couldn’t see any valid reason why property prices would rise faster ...

Auction Attendance Down, but Clearance Rate Steady

By Catherine Cashmore on 10 Sep 2013 No Comments yet, your thoughts are very welcome

Pre-election chitchat should have assured sellers – and buyers – that housing values do not typically suffer from federal elections. I think in the current circumstance, a strong Coalition win will be enough to promote a sense of security, and perhaps relief, in Australians, who are not going to suffer a second term of minority rule ...

‘McSuper’ Funds Encourage Financial Planners to Push Investors into SMSFs

By Peter Sarmas on 5 Sep 2013 No Comments yet, your thoughts are very welcome

A boom in property sales for self-managed superfunds (SMSFs) is spawning a new generation of intermediaries offering pre-packaged legal, insurance and referral services, which some industry experts say could put investors into financial hardship. Clients and advisors are being urged to exercise extreme caution ...

The Strength of Auctions in the Rising Market

By Catherine Cashmore on 2 Sep 2013 No Comments yet, your thoughts are very welcome

After last week’s clearance rate dropped from 82 per cent to 79 per cent once all results had been collected, this week’s 75 per cent rate was back in line with the year-to-date trend, which currently sits at 71 per cent. ...

Where is the Property Market Likely to Head Post-Election?

By Peter Sarmas on 28 Aug 2013 No Comments yet, your thoughts are very welcome

It seems the 2013 federal election is a bit of a lame duck when it comes to affecting consumer sentiment in the residential housing market. Historically, confidence in housing slips in the run up to an Australian Federal election. Home buyers traditionally become cautious about the uncertain political environment ...