Melbourne Property Market Update – January 18, 2014
By Peter Sarmas on 18 Jan 2014
No Comments yet, your thoughts are very welcome
Melburnians are relieved to see the end of the heatwave today
Photo: Rusty Darbonne
While Melbourne recovers from this week’s sweltering heatwave, its property market remains largely subdued, though activity is expected to kick up again in early February.
• In the meantime, Peter Sarmas attempts to decipher what the experts see happening in property in his first commentary for 2014.
• Buyer’s advocate Cate Bakos finds the quiet January period an exciting time to hunt for property – and she stumbled across the perfect investment for one SMSF client.
• Are you a property addict? If these ten symptoms sound familiar, then you just might be…
• The start of a new year is a great time to look back at all of your achievements. According to Dr Trevor Chetcuti, fulfillment and achievement elevate a hormone in the brain called dopamine, which makes you feel good about yourself.
• There’s at least one media personality who probably isn’t feeling so good about himself right now: Geoffrey Edelsten. After declaring bankruptcy in the US last week and announcing his separation from wife Brynne, the medical entrepreneur is selling his opulent Gold Coast penthouse.
