This weekend was a big test for the Melbourne property market. It was what property commentators call a Super Saturday, as a whopping 1130 properties went under the hammer. This is a 21 per cent increase on last weekend’s numbers ...
Unemployment rates released last week reveal that joblessness in Victoria has reached its highest level since January 2002. In his weekly market commentary, Peter Sarmas considers the impact this could have on future interest rate decisions from the RBA ...
It seems even the rich and famous aren’t safe from visitors that go bump in the night. Several Hollywood celebrities claim they have fallen victim to hauntings after purchasing million dollar properties, suggesting ghoulish figures aren't selective about where they choose to rattle their chains ...
National vacancy rates continue their slow rise. Nevertheless, I would like to make a note of warning for CBD locations in Brisbane, Perth and Melbourne, where vacancy rates are rising at a very rapid rate. Those who are considering investing in the CBDs of these three cities should be strongly aware of this fact ...
Recent survey results suggest a number of first home buyers are using property negative gearing to enter the housing market. This news comes after AMP Capital’s chief economist Shane Oliver recently encouraged first time buyers to consider negative gearing as a strategy to buy their first property ...
Recent survey results released by Digital Finance Analytics suggest that in the urban cities of Sydney, Melbourne, Brisbane and Perth, those wishing to get on the housing ladder consider traditional requirements such as commute times, local shopping and access to sporting facilities less important now than in 2010 ...