Melbourne Property Market Update – April 18th, 2015
By Peter Sarmas on 17 Apr 2015
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Melbourne’s Million Dollar Homes
Where are the million dollar suburbs and could your home be worth more than you think? A million dollar home used to be the preserve of the wealthy. Now, many Melburnians are millionaires. Discover more in this report from Enzo Raimondo of REIV.
Sourceable Industry news reports on the latest update on Melbourne’s proposed metro rail tunnel and how it might impact Melbourne CBD.
The Relationship between Dwelling Approvals, Commencements and Completions
Earlier this week the Australian Bureau of Statistics (ABS) released building activity data for the December 2014 quarter. Cameron Kusher of CoreLogic RP Data provides an insight into the construction approval and dwelling completion data.
What Investors can Learn About Depreciation from the Block
The Block Triple Threat auctions go to air on Wednesday the 29th of April. This report from Sourceable Industry News reveals that there is more to be learned from The Block than where to place the bathtub.
The State of Asbestos in Australia Today
As many as one third of homes in the country are host to asbestos products as a result of the extremely widespread use of the material by the building industry in the second half of the 20th century. Read more in this comprehensive article.
Is The Housing Finance Worm Turning?
Martin North of Digital Finance Analytics analyses the ABS Housing Finance data for February 2015. Read his findings for the current finance trends in the real estate property market.
