This week we discuss why raising the GST could hit housing hard, find out where Victoria's building hotspots are, the details from the latest urban planning strategy for Melbourne and how baby boomers are driving up apartment prices from bayside Melbourne to key eastern locations. ...
Thanks to a combination of rising dwelling prices and low interest rates, building approvals are at record highs in Australia. We are now set to construct more units and apartments than ever before. The supply response appears to be working. Pete Wargent analyses supply and property investing. ...
Louis Christopher of SQM Research reports that figures released this month have revealed the number of residential vacancies edged down across the nation in February 2015. Read the full report.
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A clearance rate of 77 per cent was recorded this weekend compared to 77 per cent last weekend and 72 per cent this weekend last year. There were 1053 property auctions reported to the REIV with 809 selling and 244 being passed in, 113 of those on a vendor bid. Melbourne’s east has seen strong demand this year with a recorded clearance rate of 80 per cent. ...
Peter Sarmas comments on Joe Hockey’s proposal to allow first home buyers to access their superannuation, read the latest research results from BIS Shrapnel, the hot investment segment from the latest household surveys, guidelines related to the growth in investor lending and the conditions in the construction sector in Victoria.
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A review of data from the apartments advertised for sale in the past two years shows that the size of dwellings does vary between the three inner city suburbs of Melbourne, Docklands and Southbank. Robert Larocca of CoreLogic RP Data reports on unit sizes in and around Melbourne.
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