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.
Each week, SQM Research updates its vendor asking prices index, which was released earlier this year. So far, they have been happy with the way the index has been tracking compared to the ABS house price series. As can be seen, the Index at the capital city level has recorded a recovery in real estate prices this year ...
An unprecedented swell of activity will drive the Australian property market along until just days before Christmas. A recent property report has also confirmed that market activity will be solid in 2014, leading to a likely national median house price increase. In his weekend market wrap, Peter Sarmas consulted several real estate experts ...
Buyers get very frustrated when auction results exceed the quoted range; and justifiably so. Interested buyers invest emotional energy, precious time and valuable dollars when they shortlist and pursue a suitable property. So why is it that some properties sail past their quote ranges while others don’t? There is not just one possible reason ...
The Australian Prudential Regulation Authority (APRA) has recently begun to release data on the exposure to the property market by ADIs on a quarterly basis. The data is a welcome inclusion to the regular data flow and provides great insight into the type of lending that banks, credit unions and mutuals are undertaking ...
Despite low lending rates, 53 per cent of first home owners are said to be in mortgage distress. This alarming statistic comes from a First Homeowner survey conducted by Mortgage Choice in September, in which a thousand respondents took part. The results raise questions about lending standards ...
This week the Australian Bereau of Statistics predicted the Australian population will double by 2075. This has concerned many in the property industry, who believe we could face a dire housing shortage. Meanwhile, in his weekend auction wrap, Peter Sarmas considers whether there is a splitting property market in Melbourne ...