Melbourne Auction Results

Twenty Percent of Apartments Resold at a Loss

By Peter Sarmas on 3 Apr 2016 No Comments yet, your thoughts are very welcome

There is a distinct separation between the price growth of detached homes and apartments. Melbourne apartments are seeing a 20% fall in value upon resale. ...

Is Australia Becoming a Nation of Landlords and Tenants?

By Peter Sarmas on 20 Mar 2016 No Comments yet, your thoughts are very welcome

Last week saw a raft of some very important economic news and over the weekend the property market was put to the test when over 1700 properties auctioned. ...

Property Prices and Clearance Rates Defy Doomsayers

By Peter Sarmas on 6 Mar 2016 No Comments yet, your thoughts are very welcome

The latest Core Logic Data released show Melbourne property prices for the month of February and the quarter rising, defying the doomsayers. ...

Melbourne Auction Results – 14th December 2015

By Peter Sarmas on 13 Dec 2015 No Comments yet, your thoughts are very welcome

Sydney wins the first prize for being the most expensive city in Australia to pay off a mortgage! In this week’s market wrap we look at what your earning capacity needs to be to comfortably service a home loan in Melbourne and Sydney. We also find out why we are one of the most indebted nations on the planet. ...

Melbourne Auction Results – December 7th, 2015

By Peter Sarmas on 6 Dec 2015 No Comments yet, your thoughts are very welcome

Has the heat gone out of Melbourne’s property market? Quality suburbs are experiencing some ugly results with agents reporting low clearance rates, some at 50%. One agent describing the market at the moment as a “feast or famine” situation. Peter Sarmas reports on current buying and selling conditions. ...

Melbourne Auction Results – 30th November 2015

By Peter Sarmas on 29 Nov 2015 No Comments yet, your thoughts are very welcome

Are we facing a Sydney style correction which will see property prices free fall in Melbourne or is this just a seasonal adjustment? In this week’s market wrap Peter Sarmas examines Melbourne’s property market. He looks at interest rates, the economy and talks about how these factors affect Melbourne’s current house prices. ...

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