Melbourne Property Market & Prices

Visit Melbourne Property Market & Prices for updates about all the latest Melbourne property market news, prices, forecasts and updates in 2013.

Melbourne Property Market Update – November 16, 2013

By Peter Sarmas on 16 Nov 2013 No Comments yet, your thoughts are very welcome

This week, the Housing Industry Association (HIA) predicted a steady recovery for renovation investment and strong growth in the housing sector over the next few years. In their spring National Outlook report, they claim dwelling commencements could eventually match the highs achieved during the post-GFC stimulus ...

Home Renovation Programs Empower Viewers to Take Action

By Peter Sarmas on 14 Nov 2013 No Comments yet, your thoughts are very welcome

A recent study recorded huge jumps in demand for home renovation services after The Block and House Rules aired earlier this year, suggesting many viewers found renovation inspiration through these TV programs. Interestingly, this jump in demand coincided with the types of home improvement projects covered in each show ...

NSW Strata Laws Undergo Largest Reform in 50 years

By Peter Sarmas on 13 Nov 2013 No Comments yet, your thoughts are very welcome

The NSW state government says tenants who ignore complaints about smoking on apartment balconies could face fines from the Consumer, Trader and Tenancy Tribunal. This would occur under a raft of sweeping changes to NSW’s strata laws, scheduled to come into effect next year ...

Melbourne Property Market Update – November 9, 2013

By Peter Sarmas on 9 Nov 2013 No Comments yet, your thoughts are very welcome

Warnings about self-managed superannuation funds have been rampant in the media over the last week. Now the Australian Securities and Investments Commission wants to ensure property investors are seeking advice from appropriately licensed financial experts ...

SMSF Could Make it Difficult for First Home Buyers

By Peter Sarmas on 7 Nov 2013 No Comments yet, your thoughts are very welcome

The Reserve Bank of Australia revealed in mid-September that about $18 billion of the $500 billion in Self-Managed Super Funds (SMSFs) is invested in residential property. Currently, this equates to only about 3.6 per cent of the SMSF kitty, but it is a growing area of investment, with some surveys suggesting that this number could rise ...

Chinese Property Investors Taking Over the Australian Market – Fact, Fiction or Fearmongering?

By Louis Christopher on 7 Nov 2013 No Comments yet, your thoughts are very welcome

Sadly, many within the Chinese community have been subjected to prejudice and fear, particularly when it comes to the real estate market. This notion that the Chinese may buy everything up and leave the rest of us with nothing is a false prejudice that has been in existence for quite a long time now. However, this is nothing but xenophobia ...

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