Melbourne Property Market Update – May 3, 2014

By Peter Sarmas on 3 May 2014
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Even though the Anzac long-week produced the lowest clearance rate the year, figures suggest that the property market is set to bounce back with weekend as vendors rush to sell before the forthcoming Federal Budget is released. 

•  This week on Street News Peter Sarmas discusses the relationship between the long-weekend poor auction results, inequalities in the market and budget cuts. He also looks at whether the impending Budget cuts will affect housing prices and interest rates.

•  While Cate Bakos helps a family embark on the eminent move from the city to the sea.

•  Once completed, Sydney’s second airport could drive property prices in the west. However, are there things to consider before buying?

• Our superstitions and beliefs could affect one of the biggest financial decisions we make in our lives. 

Related posts:

Melbourne Property Market Update – May 18, 2013 Melbourne Property Market Update – April 5, 2014 Melbourne Property Market Update – March 1, 2014 Melbourne Property Market Update – March 8, 2014 Melbourne Property Market Update – March 21, 2014
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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