Latest Property News

New Stamp Duty Laws Sees Boom in First Home Buyers

By Peter Sarmas on 30 Oct 2017 No Comments

Melbourne Market Wrap March 30th October, 2017   If ever there was a time when we would see the property market in Melbourne correct this weekend was it.You see the REIV reported a record 1935 auctions to be held over the weekend in Melbourne. Of those, 1462 were actually reported and 73% were sold rate ...

Is Australian Housing Heading for a Hard Landing or a Financial Cliff?

By Peter Sarmas on 16 Oct 2017 No Comments

From my experience and talking with real estate agents the Melbourne market has softened no doubt, but are we heading towards a financial cliff? ...

Why I’m Not Worried about a Property Downturn

By Peter Sarmas on 25 Sep 2017 No Comments

It is really important to emphasise why I believe this economic exit from the property sector will not be a disaster. ...

Have Australians become a bunch of Whingers?

By Peter Sarmas on 11 Sep 2017 No Comments

  Melbourne Auction Results 11th of September 2017 73% Clearance Rate 836 Reported Auctions Sold at Auction: 523     Passed in: 194     Sold Before: 99     Sold After: 0     Postponed 14       Source:REIV   Melbourne Market Wrap March 11th September , 2017 The REIV reported 836 properties ...

Melbourne’s Daily Average Visitors Nearing 1 Million

By Peter Sarmas on 28 Aug 2017 No Comments

According to Population Estimates and Forecasts report nearly one million people will be visiting Melbourne on an average weekday within the next five years ...

Is Housing Affordability Creating A Gap Between The Rich and The Poor?

By Peter Sarmas on 7 Aug 2017 No Comments

Australia's political parties are using housing affordability as a platform to boost their popularity and polarise the community, but is this a local issue? Low interest rate cycles globally have pushed asset prices up, so how will this affect our market? ...

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