Melbourne Property Market Update – January 4, 2014

By Peter Sarmas on 4 Jan 2014
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Melbourne Property Market Update – January 4, 2014
Photo: Paul Wiklinson

Whether you celebrated the end of 2013 with a bang or relaxed at home with some family and friends, we wish all of our readers good luck and good health for the coming year.

• In honour of 2014, Sharon Fox-Slater has compiled a list of nine New Year’s resolutions to help property owners and investors execute their financial goals.

• We also considered how a suburb’s walkability score can influence its value as an investment opportunity.

• As house values are set to rise further this year, many will have no other option but to hunt for an affordable property in the outskirts of the city. We considered the advantages and disadvantages to moving further away from Melbourne’s CBD.

• Perhaps you would prefer to downsize to an apartment in the city. Could an apartment be the new Aussie dream home?

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About the Author

Peter Sarmas is a Certified Property Investment Advisor (PIAA) and Vendor/Buyer Advocate. Before becoming the founder of Street News, Peter completed a Degree in Applied Science (Chemistry) and a Graduate Diploma in Property Valuations (Hons). Peter believes property investing is a major and potentially risky undertaking. In his view, everyone should have an independent person acting on their behalf when seeking property investment advice.