Melbourne Property Market Update – July 4th, 2015
By Peter Sarmas on 4 Jul 2015
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Source: designhomeonline.net
Source: designhomeonline.net
Melbourne Auction Sales Hit All-Time High
Victoria’s housing market has broken another record, with the highest number of auction sales over any six-month period in Melbourne’s history- in the year to 30 June. What has driven the big growth in property sales?
ADI’s Still Growing Investment Loans Above 10%
Martin North of Digital Finance Analytics looks at the APRA data on ADI’s banking statistics. He analyses deposits and credit cards and we find out who leads the majors in the owner occupied loan stakes and investment mortgages.
Dealing With Opposition To Density
Opposition to change in built form or land use often stems from particular anticipated impacts, such as pollution or noise from noxious industry, or overshadowing caused by tall buildings; it also often has a psychological aspect related to emotional attachments to place. Read this interesting report from Urban Melbourne.
Australia’s Rate Of Population Growth Continues To Slow
What is causing a continuing slowdown in the rate of Australia’s national population growth? Cameron Kusher of CoreLogic RP Data takes a look at the Australian Bureau of Statistics (ABS) demographic data released for the December 2014 quarter, released in June.
Home Lending Rose To $1.47 Trillion In May
Total bank lending stock grew to $2.4 trillion in May, with $1.47 trillion in housing, growing at 0.42% in the month, business lending up 0.35% to $792 million and personal lending (excluding housing) down a little to $141 million. Overall housing lending was 61.1% of all bank lending (excluding government loans) – an all time high. Martin North of Digital Finance Analytics reveals the RBA lending aggregates for May 2015.
Green Roof Offset The Cost Of Contaminated Water
Will we see more green rooves sprouting over Melbourne and other Australian cities as a cost effective way of managing the contaminated flood waters that our cities generate? With ever increasing urbanisation, the construction of more roads, and infill development, Australian cities are producing huge amounts of storm water runoff.
