Latest Property News

Melbourne Property Market Update – April 5, 2014

By Peter Sarmas on 5 Apr 2014 No Comments

While the RBA surprised nobody when it announced that interest rates will be kept on hold on Tuesday, there have been calls to quell high investor activity. Aussie Home Loans urged the federal government to first home buyers who are being priced out of the market, by introducing a 10-year housing plan ...

What are The Block Properties Worth?

By Greville Pabst on 4 Apr 2014 No Comments

WBP Property was recently asked to predict how much The Block apartments could earn on auction day. Due to the show's huge viewing audience, these prices are likely to be above current market value. Read a list of the pros and cons for each property ...

Asking Prices Flat for the March Quarter

By Louis Christopher on 3 Apr 2014 No Comments

SQM’s asking prices were updated yesterday, covering the last week of vendor activity. This now completes the first quarter of the new year. The index for the quarter recorded that asking prices for houses fell 1.6 per cent for the capital city average, while unit asking prices were flat for the quarter ...

A Dozen Landlord Insurance Pitfalls

By Sharon Fox-Slater on 3 Apr 2014 No Comments

Unsuspecting property investors can be left out of pocket by thousands if they fall victim to any one of a dozen common insurance pitfalls. The simple fact that not all insurance is the same makes it extremely difficult to weigh up the benefits of one policy versus another. People often spend more time choosing a flat screen TV than insurance ...

Average Length of Home Ownership Rises

By Peter Sarmas on 2 Apr 2014 No Comments

Home owners in Sydney and Melbourne are holding onto their houses longer, and owners in Melbourne and Hobart are also doing the same with their units, according to a report released by RP Data, which looked at the length of time a property is held by its existing owner. It appears that the average length of ownership is increasing ...

RBA Keeps Rates on Hold

By CoreLogic RP Data on 1 Apr 2014 No Comments

The latest housing market statistics are likely to have caused the Reserve Bank some additional deliberation at their latest board meeting. Dwelling values were up 2.3 per cent in March, taking the cumulative increase in dwelling values to 15.8 per cent over the current growth cycle, which commenced in June 2012 ...

Share with friendsX