Melbourne Property Market Update – October 24th, 2015

By Peter Sarmas on 24 Oct 2015
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Get your Green On For A New CBD Laneway Experience

The City of Melbourne want to see a variety of CBD laneways receive a green touch. The Green Your Laneway pilot program will redress some of the two hundred plus lanes in the central city when combined, total an area of almost nine hectares. Find out how you can be involved and the benefits for the scheme, as outlined by Melbourne City Council, in this report from Urban Melbourne.

Why Lifting Capital Ratios Is Not Enough

Regulators here and overseas are forcing banks to hold more capital in order to make the banking system “more secure”. Martin North of Digital Finance Analytics explains why continuing to lift capital ratios will not alone make banks more secure and why we should not become myopic about more capital being the total solution to fixing the banking system.

Key Data From The Housing And Occupancy Costs Release For 2013-14

How much do Australian households spend on housing costs? The Australian Bureau of Statistics (ABS) released Housing and Occupancy Costs for the 2013-14 financial year late last week.  The data is released every three years and provides some really valuable insights.

Deadly Cable Still In Thousands Of Homes

Faulty cable products which could cause deadly fires or electric shocks remain in tens of thousands of homes and business across Australia. Andrew Heaton of Sourceable Industry News reports on an update from the Australian Consumer and Competition Commission (ACCC).

7 Signs That The Housing Market May Be Peaking

What factors are hinting at a property market peak? Read the full report from CoreLogic RP Data which includes data pointing to a moderation in growth conditions across Australia’s largest city Sydney and the broader housing market.

Development Scenarios: Munro Site And Queen Victoria Market

With the recent announcement of a final shortlist for the Munro site development within the Queen Victoria Market (QVM) precinct, Urban Melbourne revisit the development potential of both sites and how they fit within the larger scope of development within CBD North one year after the City of Melbourne purchased the site.

 

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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