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 22 Mar 2014 No Comments yet, your thoughts are very welcome
At the meeting the RBA board decided to keep official interest rates on hold at 2.5 per cent and flagged that a period of interest rate stability was the most likely course of action from here. Perhaps the most interesting portion of the minutes related to financial stability and the housing sector ...
By Peter Sarmas on 22 Mar 2014 No Comments yet, your thoughts are very welcome
The Reserve Bank of Australia has released the minutes from its March 4 meeting, which indicate that interest rates are likely to remain at record lows for some time. This is expected to drive new housing activity throughout 2014. On Street News this week, Peter Sarmas examines inner city price rises in the Melbourne property market ...
By Louis Christopher on 20 Mar 2014 No Comments yet, your thoughts are very welcome
Figures released by SQM Research this week have revealed that the national residential vacancy rate decreased even further during February. Of particular interest this month is Melbourne’s vacancy rate figures, after the capital city recorded its lowest vacancy rate since May 2011 ...
By Urban Melbourne on 19 Mar 2014 No Comments yet, your thoughts are very welcome
News reports have flowed thick and fast of late detailing Melbourne's robust hotel sector. Recent AFR articles show hotel occupancy rates have increased by nearly 4 per cent year-on-year. Investors and operators hold bullish sentiments for the future, while Melbourne maintains the lowest national major city room rate averaging $182 ...
By Street News on 15 Mar 2014 No Comments yet, your thoughts are very welcome
News this week from RP Data senior research analyst Cameron Kusher shows that the price of vacant land across the capital cities continued to climb throughout 2013. At the end of the year, the median selling price was $249,000, which is an increase of 6.9 per cent throughout the year with vacant land prices now ...
By Peter Sarmas on 15 Mar 2014 No Comments yet, your thoughts are very welcome
After a slow long weekend, auction activity is set to surge again today. In fact the REIV believes there could be a record number of auctions during March overall. In his regular market commentary, Peter Sarmas examines which Melbourne suburbs were the standout performers last week ...
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