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 property market is going from strength to strength. According to the recent Australian Housing Outlook Report, Sydney, Perth and Brisbane will drive the market over the next three years. Here in Melbourne, we spoke to several real estate agents and buyer advocates to get their word on the city's auction activity ...
Property professionals seem certain Australians will witness fast property growth over the coming months. In fact, the chief economist at HSBC Bank went so far as to say that a housing boom is just beginning. Auction clearance rates remained strong in Melbourne, despite overseas economic concerns ...
There seems to be an awful lot of confusion about the role interest rates play in Australia. Though it seems unlikely we will get higher interest rates until there is sustained evidence of an improvement in employment data, I thought it would be worth recapping the impact higher interest rates could have on Australia ...
Recent information suggests that property investors looking to purchases houses in high investment growth areas should look outside of major metropolitan areas and focus their attention on the regional market. According to CEO of Raine & Horne Angus Raine, regional areas have demonstrated a strong trend of capital growth ...
Talk that Australia is headed towards a property bubble has definitely increased over the last week, though economists claim property price growth is nowhere near the level it needs to be for a boom to take place. Auction activity slowed down in Melbourne over the weekend due to the Grand Final, but the market will be back in full swing ...
I wrote a few weeks ago about housing bubbles and misconceptions commonly associated with the term. A bubble is typically an illusion of economic strength that draws buyers in while masking underlying fragilities. In some areas of Australia, the recent investor-led rally in property prices is concerning ...