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 Kristie Kwok on 28 Nov 2013 No Comments yet, your thoughts are very welcome
Australian property values grew another 1.3 per cent in October according to the RP Data-Rismark index, raising yet again more questions about the sustainability of house prices. Combined capital city house values are up by 7.9 per cent over the last 12 months, representing the fastest growth rate over the past three years ...
By Kristie Kwok on 27 Nov 2013 No Comments yet, your thoughts are very welcome
The NSW bushfires last month were a sobering reminder of the dangers many face during bushfire season. As we near the onset of summer, planning for bushfire protection is a must if you live in a high risk area. An important part of this process involves preparing your home for the unthinkable ...
By Peter Sarmas on 23 Nov 2013 No Comments yet, your thoughts are very welcome
This week, a study released by Mortgage Choice revealed that Australians are confident about their finances. This optimism is said to be due to a succession of positive economic data. Property prices are also climbing at a steady rate. Peter Sarmas consulted property expects who attended a number of auctions ...
By Kristie Kwok on 20 Nov 2013 No Comments yet, your thoughts are very welcome
Properties are selling faster, house prices are rising and high auction clearance rates prevail. House prices grew by 1.2 per cent in Melbourne over the month of October, and the latest research released by RP Data Auction Plus suggests Melbourne’s clearance rate is around 71 per cent ...
By Kristie Kwok on 20 Nov 2013 1 Comment
Chinese investment in Australia tripled from 2007 to 2012, according to real estate firm Colliers International. Local restrictions on property purchases, tax disincentives and the new wealth accumulated in China are major contributing factors to this trend. We examined some of the other reasons Chinese buyers are drawn to Australian property ...
By Peter Sarmas on 16 Nov 2013 No Comments yet, your thoughts are very welcome
This week, the Housing Industry Association (HIA) predicted a steady recovery for renovation investment and strong growth in the housing sector over the next few years. In their spring National Outlook report, they claim dwelling commencements could eventually match the highs achieved during the post-GFC stimulus ...
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Chinese Property Investors Taking Over the Australian Market - Fact, Fiction or Fearmongering?
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