Latest Property News

While Auctions Remain Strong in Melbourne, Buyers Should be Cautious

By Catherine Cashmore on 18 Jun 2013 No Comments

Once again, Melbourne is producing healthy auction results. The clearance rate to date is 70 per cent (up from 68 per cent in April) and the latest REIV house price index revealed a 1.4 per cent increase for May. In line with trend, the clearance rate recorded this weekend was also 70 per cent ...

“Land Appreciates and Buildings Depreciate” – True or False?

By Pete Wargent on 18 Jun 2013 No Comments

It’s no surprise that with the property market on the upturn, the usual parties are back talking up investing in property in remote locations. SMH reported that Cairns might be about to "awaken from its coma," but is that bad advice? ...

One in Four Homeowners Considering an Investment Purchase

By Peter Sarmas on 15 Jun 2013 No Comments

More than one quarter (26%) of Australian homeowners are considering buying an investment property, with 56 percent indicating they intend to make the purchase in the next two years, revealed the latest findings from the Mortgage Choice ‘2013 Homeowner Intentions Survey’ ...

Melbourne Property Market Update – June 15, 2013

By Peter Sarmas on 15 Jun 2013 No Comments

Several surveys and economic reports were released this week, including ANZ’s monthly jobs figures and quarterly house prices, prompting some gloomy predictions from news sources around the country. In response, Business Spectator released an interesting article ...

Shane Warne to Lose Money in Brighton Mansion Sale?

By Street News on 14 Jun 2013 No Comments

After spending almost an entire year gauging interest in his Melbourne mansion, Shane Warne has confirmed his Brighton heritage-listed home is now officially for sale, though it is rumoured Warne may not receive the payout he had hoped for ...

Home Lending Figures Rise Slightly in April

By Peter Sarmas on 13 Jun 2013 No Comments

The number of approved home loans rose by a seasonally adjusted 0.8 per cent in April, according to the latest housing data from the Australian Bureau of Statistics. The findings were well below market expectations of a two per cent rise for the month ...

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