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Local Insights – Parkville

By Peter Sarmas on 25 May 2013 No Comments yet, your thoughts are very welcome

Luke Sacco, a partner with Nelson Alexander, says the Parkville area is continuing to perform strongly, largely because there are only 350 properties within the suburb. "Surprisingly, Parkville is a relatively quiet suburb, even though the CBD is on your doorstep" ...

Melbourne Property Market Update – May 25, 2013

By Peter Sarmas on 25 May 2013 No Comments yet, your thoughts are very welcome

The manufacturing industry was dealt a huge blow this week when Ford announced it would be shutting its Broadmeadows and Geelong factories in three years. In what will be a comfort for some, the RBA hinted that further interest rate cuts are a possibility ...

Local Insights – Maroondah

By Peter Sarmas on 18 May 2013 No Comments yet, your thoughts are very welcome

In the wake of the decision by the Victorian Government to abolish the First Home Owner Grant for established homes on 1 July, Donna Walpole, Sales Consultant for Hocking Stuart Ringwood, says that first home buyers are moving quickly to secure homes in Maroondah ...

Melbourne Property Market Update – May 18, 2013

By Peter Sarmas on 18 May 2013 No Comments yet, your thoughts are very welcome

All eyes were on Parliament this week as the Labour Government delivered its 2013-14 Federal Budget. Many in the property sector were critical about the lack of direct stimulus for the industry,. However, there are some indirect benefits in terms of infrastructure, rental affordability, pensioner downsizing and superannuation reforms ...

Federal Budget ignores pressing housing issues, says HIA

By Peter Sarmas on 15 May 2013 No Comments yet, your thoughts are very welcome

The Housing Industry Association (HIA) released a scathing review of last night’s 2013 Federal Budget in which it said the Federal Government largely ignored Australia’s residential building industry and missed an opportunity to implement further measures to increase housing supply ...

Aging Population Likely to Plateau Apartment Demand

By Peter Sarmas on 15 May 2013 No Comments yet, your thoughts are very welcome

The popularity of apartment living in Australia could slow over the next decade as Gen X and Gen Ys seek homes with additional space, revealed the latest “Emerging Trends in Residential Market Demand” report, released by leading industry analyst and economic forecaster BIS Shrapnel ...

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