The number of Australian residential property listings increased during August, perking up after a substantial dip in listings during July. Nationally, the number of unsold properties on the market has been recorded at 347,646 for August 2014 – a 3.8 per cent increase month-on-month and -2.1 per cent decrease year-on-year ...
Melbourne auction results show passed in properties have sold on the day or within a day or two of the auction, but I believe we will see less of this going forward with second grade stock, especially as property listing numbers are set to increase over the Grand Final weekend. This is a very bad time to be auctioning a property ...
Australian property prices continue to surge, leading us to wonder: just what is driving demand? According to demographer Bernard Salt, it has nothing to do with population growth, and everything to do with how we form our households. In his weekly market commentary, Peter Sarmas explores this interesting new theory ...
There's no doubt movie stars know how to live well. Their mega mansions feature luxuries we can barely imagine, like sprawling entertainment areas, home cinemas, pools and enviable beach views. But would you spend more on a home specifically because a celebrity used to live there? ...
Last month the City of Sydney implemented a scheme with the potential to deliver multiple positive social and environmental outcomes. Two new recycling machines capable of holding 2,000 empty deposited plastic bottles or cans are now available for use, and in return the user will be rewarded with a small donation to charity ...
Australia’s economy will experience historically tough times over the next few years, according to leading industry analyst and economic forecaster BIS Shrapnel. This is the key message from BIS Shrapnel’s Long Term Forecast 2014-2029 report and the company’s forthcoming Business Forecasting Conferences in September ...