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.
The Australian Bureau of Statistics (ABS) released building approvals data for June 2014 earlier today. National dwelling approvals fell by 5.0 per cent over the month, with house approvals falling by -2.6 per cent and unit approvals down -8.4 per cent. Despite the fall in approvals over the month ...
Many investors may not realise that they don’t have to wait all year to benefit from the deductions available to them. Instead, they can improve their cash flow throughout the year simply by nominating to use a Pay As You Go (PAYG) withholding variation. A PAYG withholding variation allows individuals to vary the amount of tax withheld ...
After reporting a 1.4 per cent increase over the month of June, RP Data Rismark is set to report a further increase in capital city dwelling values when housing market results to the end of July are released on Friday. The preliminary results from RP Data’s daily index are showing a 1.6 per cent capital gain ...
Though the property market has slowed down due to the chilly weather, house prices have jumped in many of the capital cities. In fact national house prices grew 10 per cent over the financial year. In his weekly market commentary, Peter Sarmas considers how the property market performed during the June quarter ...
Figures released by SQM Research have revealed that the number of residential vacancies increased during June. A 2.3 per cent vacancy rate was recorded nationally, comprising 69,258 vacancies. This result reflects a genuine upward trend in vacancies around the country, and the highest result since the December 2013 seasonal spike ...
As mining investment diminishes, the only significant industry driving the Australian economy at the moment is the property sector. This is being reflected in the lift in retail sales, real estate transactions and property construction. This week, Peter Sarmas discusses why he doesn't believe we are entering a housing bubble ...