Melbourne Property Market & Prices

Visit Melbourne Property Market & Prices for updates about all the latest Melbourne property market news, prices, forecasts and updates in 2013.

Property Market Runs Hot, but Buyers Should Remain Cautious

By Catherine Cashmore on 23 Sep 2013 No Comments yet, your thoughts are very welcome

A 78 per cent clearance rate was recorded this weekend, which is a robust result based on 837 reported auctions. The current heat in the market is unlikely to dissipate in the near term, as it is being driven by investors who are dominating the playing field at the median price point ...

Melbourne Property Market Update – September 20, 2013

By Peter Sarmas on 20 Sep 2013 No Comments yet, your thoughts are very welcome

The property market is certainly charging ahead this spring. In fact, new data suggests enthusiastic first home buyers have flooded the market over the past three months. In our weekend auction wrap, we consider the factors contributing to the property market's renewed strength ...

Return to the Days of Property Spruiking

By Peter Sarmas on 19 Sep 2013 No Comments yet, your thoughts are very welcome

Over the past few weeks, I’ve attended a number of real estate and financial advice seminars where property spruikers seem to be reappearing. Property spruikers or so-called ‘property experts’ promote real estate investment opportunities with attractive promotions and sleek brochures designed to suck you in ...

Five Reasons to Downsize Your Home

By Peter Sarmas on 12 Sep 2013 No Comments yet, your thoughts are very welcome

Thinking of downsizing to a smaller home? There can be enormous benefits in doing so. Homeowners across the country are realising that living in a big house is not all it was once thought to be. If you currently live in a large house, you will already be well aware of the many burdens involved ...

Baby Boomers with SMSFs Leading the Charge, but Buyer Beware

By Peter Sarmas on 11 Sep 2013 No Comments yet, your thoughts are very welcome

Wealthy baby boomers are using self-managed super funds (SMSFs) to hustle in on traditional first home buyer price ranges in Sydney and Melbourne. Ray White Elizabeth Bay's Laura Bitar estimated that the number of investors using their SMSFs to purchase a property has doubled since last year ...

Aussie Underperformers in Property

By Pete Wargent on 10 Sep 2013 No Comments yet, your thoughts are very welcome

When I started writing my first book back in 2010, I underscored the reasons why I felt that of all the Australian capital cities, with the possible exception of Hobart, the city I would be least inclined to buy real estate in would be Adelaide. Given the supply/demand dynamic, I couldn’t see any valid reason why property prices would rise faster ...