Melbourne Property Market Update – June 15, 2013

By Peter Sarmas on 15 Jun 2013
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Several surveys and economic reports were released this week, including ANZ’s monthly jobs figures and quarterly house prices, prompting some gloomy predictions from news sources around the country.

• In response, Business Spectator released an interesting article about the role of the media in reporting economic news. Are we talking ourselves into a recession?
Shane Warne has confirmed his Brighton mansion is for sale, though he may not receive the payout he hoped for.
• The Housing Industry Association listed the most highly ranked suburbs for population growth and building. Victorian took out 10 of the 20 suburbs.
• The cold winds of winter are definitely upon us. Danielle King discusses how to slash your heating bill with energy efficient heating.
• Finally, a newly launched home loan index allows users to rank home loan interest rates, which could enable mortgage holders to save tens of thousands of dollars over the life of their loan.

About the Author

Peter Sarmas is a Certified Property Investment Advisor (PIAA) and Vendor/Buyer Advocate. Before becoming the founder of Street News, Peter completed a Degree in Applied Science (Chemistry) and a Graduate Diploma in Property Valuations (Hons). Peter believes property investing is a major and potentially risky undertaking. In his view, everyone should have an independent person acting on their behalf when seeking property investment advice.

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