Melbourne Property Market Update – January 25, 2014
By Peter Sarmas on 25 Jan 2014
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This week the ABS revealed that inflation rose by 0.9 per cent during the December quarter, leading economists to predict that interest rates will remain at all-time lows for some time.
• In his weekly property commentary, Peter Sarmas examines the outlook for the Australian economy in general, and the potential impact this could have on the housing market.
• Buyer’s advocate Cate Bakos recently negotiated with two vendors who were selling their property without a real estate agent, and she was quite impressed by their approach.
• Are you looking to make your mortgage disappear a bit quicker? Perhaps you should consider an interest rate discount.
• According to Louis Christopher of SQM Research, the Sydney property market is about to have its strongest start in over 15 years.
• And those looking for a family activity this Australia Day can attend a free concert at the Sidney Myer Music Bowl before enjoying the fireworks around Victoria Harbour in Docklands.
