Figures released by SQM Research have revealed that the number of residential vacancies nationally have decreased further during March. They dipped 0.1 percentage points to record a 2.0 per cent vacancy rate nationally, and 57,964 vacancies. Year on year, vacancies are also down 0.1 per cent ...
The path to property wealth is far from simple – but that doesn’t stop anyone from looking for easy answers in the form of catchy real estate acronyms. We take a look at a few we’ve come across recently, and also examine each of these points in more detail ...
For 223,200 students, 2014 is their first year of university, taking the total of university students around the country to over 1 million. This means demand for accommodation has become quite competitive between students and families looking for well situated properties ...
Over the four day Easter holiday only 35 properties were auctioned in Melbourne. Surprisingly, even this is a high amount given that many appear to have headed away for a break or were busily preparing for Easter Sunday. Unsurprisingly, due to the low auction numbers no clearance rate was recorded by the REIV ...
The Australian Bureau of Statistics (ABS) released housing finance statistics for February 2014 earlier this week. As foreshadowed by RP Data’s Mortgage Index, the data showed that over the month there were 52,460 housing finance commitments to owner-occupiers, which was the highest monthly volume of commitments since October 2009 ...
Though auction activity will slow across Melbourne due to the Easter long weekend, the number of auctions this weekend is much higher than the 10-year average. On Street News this week, Peter Sarmas reflects on what has been the busiest first quarter of auctions in Melbourne's history ...