There seem to be early signs that the Melbourne and Victorian property market has peaked. According to economist Dr Andrew Wilson, Melbourne recorded its lowest clearance rate for two months. Though September set a new all-time record for Melbourne auction numbers, the property market trend is now falling as supply increases ...
Since Cadel Evans won the Tour de France in 2011, cycling in this country has grown in leaps and bounds. This seems like great news for our fitness, but there are a lot of health issues associated with cycling. Fortunately, most of these come back to one simple fact: we just aren’t designed to sit on a saddle ...
The number of Australian residential property sale listings decreased during September, signalling rapid stock level absorption, particularly in Sydney. This activity is abnormal, as listings normally rise at the start of spring. This implies the market remains strong, as buyers swoop in on stock, often before properties are formally listed ...
This stunningly renovated three bedroom cottage stole more than a few hearts with its sales campaign. It certainly stole my clients’ hearts… but not enough for me to be confident that we were strong contenders on auction day. It was a magnet for media, buyer’s agents and appreciative Victorian cottage buyers ...
Glorious weather over the weekend in Melbourne helped the enthusiast property buyers looking to secure their home before the end of this year. But what is actually happening in the property market at the moment, and what is the Reserve Bank doing about interest rates making lending tougher for property investors? ...
The Reserve Bank released its credit aggregates for August, which showed aggregates for personal credit (+1.1 per cent) and business credit (+3.2 per cent) to be marginally higher over the past year. Typically this leads to debate about productive versus unproductive lending, but I don't think this is likely to change ...