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 Peter Sarmas on 15 May 2013 No Comments yet, your thoughts are very welcome
The popularity of apartment living in Australia could slow over the next decade as Gen X and Gen Ys seek homes with additional space, revealed the latest “Emerging Trends in Residential Market Demand” report, released by leading industry analyst and economic forecaster BIS Shrapnel ...
By Pete Wargent on 14 May 2013 No Comments yet, your thoughts are very welcome
Warren Buffett appeared on NBC this week advising investors to shun bonds and look toward equities at the present time. Buffett has warned that the present trend towards near-zero interest rates and the effective ‘printing’ of money in the US (known as quantitative easing) will hurt savers ...
By Catherine Cashmore on 14 May 2013 2 Comments
Once again, it has been widely promoted that the drop in interest rates is “good news” for the housing market. Wayne Swan is taking ample credit as he attempts to persuade public ears that record low rates are solely down to responsible fiscal policy. In a brief break with tradition, NAB was the first to pass on the cut in full, followed closely by CBA, St George and Westpac ...
By Peter Sarmas on 11 May 2013 No Comments yet, your thoughts are very welcome
It has been an interesting time in the property market this week. The RBA shocked many by cutting 25 basis points from the official cash rate. Even more surprising was the fact that all banks passed on the full rate cut, which is great news for home buyers and mortgage holders ...
By Street News on 9 May 2013 No Comments yet, your thoughts are very welcome
"Street News is the first ‘hyper-local’ real estate website of its kind in Australia,” said Peter Sarmas, founder and director. He defines the website as being focused on local real estate news, agent reviews and property intelligence – all critical when making a property-related decision. Streetnews.com.au will initially roll out in 549 suburbs across Melbourne, promoting not only homes for sale but also residential lifestyles ...
By Peter Sarmas on 9 May 2013 No Comments yet, your thoughts are very welcome
The Reserve Bank (RBA) surprised many with the move Tuesday to slash interest rates by 0.25 per cent to their lowest level on record of 2.75 per cent. The official cash rate is now lower than it was post-GFC, when the RBA took emergency steps to encourage borrowing and spending with big 100 basis point rate cuts. ...
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