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 Urban Melbourne on 7 Feb 2014 No Comments yet, your thoughts are very welcome
Have you been fostering grand plans of outdoing Homer Simpson's 'Persephone'? Or maybe you've always dreamed of adding a Wet and Wild atop one of the terminals at Melbourne Airport? Australia Pacific Airports Corporation Pty Ltd recently released a statement calling for public design input into the finer aspects of the new terminal ...
By Louis Christopher on 6 Feb 2014 No Comments yet, your thoughts are very welcome
There is a hypothesis going around that stock market performance in January (particularly in the US) predicts its performance for the rest of the year. So if the stock market has a bad month in January, this is likely to continue for the rest of the year. Fortunately, this theory does not hold true as much as it once did ...
By Kristie Kwok on 6 Feb 2014 No Comments yet, your thoughts are very welcome
Rising unemployment could lead to another interest rate cut and lower the value of the Australian dollar further, making local properties even more attractive to foreign investors. The current Australian dollar value has already hit a 3.5 year low against the US dollar ...
By Kristie Kwok on 5 Feb 2014 No Comments yet, your thoughts are very welcome
The ABS Housing Finance data for November showed that first time buyer loan commitments fell to a fresh low of 12.3 per cent, while investor loan commitments experienced further growth. With first time buyers clearly struggling, many are holding the availability of negative gearing of investment property responsible ...
By Street News on 4 Feb 2014 No Comments yet, your thoughts are very welcome
The RP Data-Rismark Home Value Index for Melbourne houses reached a new nominal peak in January after a surprisingly strong 3.7 per cent rise. The latest figures surpass the previous peak in October 2010. The unit index recorded a more moderate 0.2 per cent rise and reached an earlier peak in December 2013 ...
By Peter Sarmas on 1 Feb 2014 No Comments yet, your thoughts are very welcome
It has been revealed that new home sales climbed for the first time in five years, suggesting the housing market underwent a broad recovery in 2013. In his weekly property commentary, Peter Sarmas considered the results of Westpac's Consumer Sentiment Survey and the potential ramifications for the property market. ...
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