Melbourne Property Market Update – October 3rd, 2015

By Peter Sarmas on 2 Oct 2015
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Property Prices Soar With Urban Greening

We all suspected it and now we have proof! Adding better quality ‘green infrastructure’ and natural areas to our urban environment pays dividends by increasing property values. Find out more in this interesting report from Sourceable Industry News.

90% Of Property Was Sold At A Profit – CoreLogic RP Data

How long should you hang on to your home or investment property before selling to maximise your profit? Martin North shares the CoreLogic RP Data’s Pain and Gain Report for the June 2015 quarter.

Big City Dwellers Flooding Into Flats

Forget the house with a backyard, it seems Aussies are preferring unit blocks with gyms and pools, that are closer to trendy cafe strips and the city centre. Why are Melburnians suddenly turning to apartment living?

Australia’s Biggest Construction Contractors Unveiled

Just who are Australia’s biggest commercial, civil and multi-residential construction companies? Large companies appear to have gained market share compared with their smaller rivals over the past year, as the nation’s largest 100 companies increased their overall share of the market.

Property Investment Via SMSF Still On The Rise

Does your household hold residential property in SMSF? It seems superannuation has become big business according to Martin North. Total assets are now worth over $2 trillion (compare this with the $5.5 trillion in residential property in Australia). Find out more in this report from Digital Finance Analytics.

Home Sales Higher In August – HIA

The HIA New Home Sales Report, a survey of Australia’s largest volume builders, recorded an increase in August 2015, with the level of activity only just short of the high reached in April this year. Martin North of Digital Finance Analytics shares the HIA Report.

 

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.

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