Our daily Melbourne property market updates are written by experienced property commentators, buyer advocates and investment experts. All have their finger on the pulse of the Melbourne property market.
By CoreLogic RP Data on 18 Aug 2015 No Comments yet, your thoughts are very welcome
Are you living in a million dollar suburb? Over the past twelve months 437 suburbs have joined the CoreLogic RP Data 'Million Dollar Club', each suburb recording a median value of $1 million or greater. To be eligible for ranking as a million-dollar-suburb, each suburb had to achieve a minimum of 10 sales over the past year. ...
By Peter Sarmas on 15 Aug 2015 No Comments yet, your thoughts are very welcome
In this week's property market update we look at the ASIC's case against certain companies associated with a Perth-based property developer that claimed consumers could buy an investment property from “just $59 per week”. We also cover other top property and financial news stories of the week. ...
By Martin North on 13 Aug 2015 No Comments yet, your thoughts are very welcome
Can home ownership be more affordable for Australians? Philip Lowe, Deputy Governor RBA gave an address to the 54th Shann Memorial Lecture. In it he discussed the growth in land and property values and some important implications. ...
By Peter Sarmas on 11 Aug 2015 No Comments yet, your thoughts are very welcome
ABS housing finance figures released in August show that the total number of new home loans declined again during June. Senior Economist Shane Garrett from the (HIA) Housing Industry Association comments on the second consecutive decline in monthly lending volumes and how it affects new home building. ...
By Peter Sarmas on 8 Aug 2015 No Comments yet, your thoughts are very welcome
The Housing Industry Association's affordability index fell by 2.9 per cent to 79.7 in the June quarter, signalling a deterioration in affordability. In this week's property market update we talk about housing affordability in capital cities compared to regional Australia. We also reveal the owner of Australia's richest house. ...
By Louis Christopher on 5 Aug 2015 No Comments yet, your thoughts are very welcome
In Sydney and Melbourne the rise in listed properties recorded are the largest for the month of July since SQM’s listings records begun in 2008. What is driving these abnormal sale listing figures when they are generally subdued for this time of the year? Louis Christopher reports on National property listings and asking prices. ...
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