Latest Property News

Concerns for Recovery Grow as Loans Drop and First Home Buyers Exit

By Peter Sarmas on 4 Nov 2013 No Comments

Demand for new home loans fell for the first time this year, heightening concerns about the sustainability of the fragile and multi-paced housing recovery. The ABS housing and finance data shows a drop in both the value and number of housing commitments for August. Seasonally adjusted figures indicate that overall mortgages fell ...

Coffee Edge

By Peter Sarmas on 3 Nov 2013 No Comments

There’s no better way to experience coffee than trying out a favourite local spot. Yarraville’s Coffee Edge is just that. The café is regularly swarmed with locals and tourists alike, and it’s known around the area for some of the suburb’s finest coffee ...

Feedback Cafe

By Peter Sarmas on 2 Nov 2013 No Comments

If you’ve ever found yourself prowling through Yarraville for somewhere to relax with a hit of caffeine, you will know just how many choices there are. Almost every sidewalk in the heart of the suburb is decorated with outdoor tables and chairs. For somewhere a bit different, stroll down to Feedback on Ballarat Street ...

Melbourne Property Market Update – November 2, 2013

By Peter Sarmas on 2 Nov 2013 No Comments

In the lead up to next Tuesday’s Melbourne Cup, the property market has been flooded with new properties. Though the number of auctions expected this weekend is much lower due to the public holiday, REIV CEO Enzo Raimondo did not expect this to affect vendors’ chances of selling their homes ...

Ride to Work? You’ll Need a Bike Barrier For That

By Urban Melbourne on 1 Nov 2013 No Comments

Between 1 and 3 per cent of Australian commuters are out on the roads today, proving cycling is often the fastest transport choice. Why don’t more people join them? It is not for a lack of interest, but the dangers involved in riding on Australian roads. We may have helmets, but the Dutch have the protection that matters: barrier protection ...

First Home Buyers to Surge in 2014 Despite Rising House Prices

By Peter Sarmas on 31 Oct 2013 No Comments

In spite of a fall in the number of first home buyers this year, it is widely predicted that first home ownership will make a big comeback in 2014. Though it would make more sense that potential first time owners will be put off by the rise in house prices, a closer look at the different elements within the housing market lends support to this optimism ...

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