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 truth is that life has never been easy and property in high demand areas is rarely affordable. The key point in the article is that Tom is searching for somewhere to live in the inner city of Melbourne, which neatly summarises the great real estate problem in Australia. There are only 23 million heads in this vast country, but ...
The property market showed signs of stabilising in 2012 as the Reserve Bank of Australia reduced interest rates to an all-time low of 3%. Recent avoidance of America's "fiscal cliff" and the latest Chinese export data changed sentiment among some economists. Three of the four major banks have revised expectations of 3 rate cuts by the RBA this year ...
As the price of land in Melbourne rises to new heights, the gap between new and established houses is narrowing. When choosing between newly built or established homes there are a number of factors for buyers to consider if they wish to maximise on capital growth, return rate and marketability ...
The social values and habits of Australian home buyers are changing. Struggling to manage the ever difficult balance between work and social life, Australians are recognising the importance of a home's proximity and accessibility to work, schools and transport ...