Melbourne Property Market Update – March 28th, 2015

Photo Source: Sourceable Industry News

Why Raising the GST Could Hit Housing Hard

As state and federal Governments begin grappling with harsher budget realities, it becomes increasingly likely that Australia will follow the New Zealand path and raise the GST. Ross Elliott of Sourceable Industry News reports on how it will affect the home buyer if GST is increased.

Victoria’s Building Hotspots Unveiled

The biggest building sector hotspots in Victoria have been unveiled as the state delivered a record year for the number of new residential and commercial buildings approved for construction. Andrew Heaton of Sourceable Industry News analyses the summary of building approval data gathered throughout 2014 by the Victorian Building Authority.

Walkable Neighbourhoods Make for a Healthier Melbourne

The latest urban planning strategy for Melbourne envisages the creation of neighbourhoods that are far easier to negotiate on foot in order to foster the development of healthier communities. Find out what Plan Melbourne’s overall vision is for urban growth in Victoria over the next several decades.

The RBA’s Financial Stability Review and analysis of the housing market

The Reserve Bank (RBA) released its bi-annual Financial Stability Review (FSR) providing a guide on the RBA’s thoughts of the overall economy and potential risks. Cameron Kusher of CoreLogic RP Data delves into some of the key take-outs for the housing market.

Appeal of apartment living driving growth

Baby boomers looking to stay close to home, after selling the family home, have driven up apartment prices from bayside Melbourne to key eastern locations in the past year. What suburbs are proving attractive to downsizers and why?

First Time Buyers Motivations and Barriers

First time buyers are becoming property speculators more than ever. Martin North of Digital Finance Analytics reports on what their motivations and barriers are according to their latest survey.