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.

Auction Attendance Down, but Clearance Rate Steady

By Catherine Cashmore on 10 Sep 2013 No Comments yet, your thoughts are very welcome

Pre-election chitchat should have assured sellers – and buyers – that housing values do not typically suffer from federal elections. I think in the current circumstance, a strong Coalition win will be enough to promote a sense of security, and perhaps relief, in Australians, who are not going to suffer a second term of minority rule ...

‘McSuper’ Funds Encourage Financial Planners to Push Investors into SMSFs

By Peter Sarmas on 5 Sep 2013 No Comments yet, your thoughts are very welcome

A boom in property sales for self-managed superfunds (SMSFs) is spawning a new generation of intermediaries offering pre-packaged legal, insurance and referral services, which some industry experts say could put investors into financial hardship. Clients and advisors are being urged to exercise extreme caution ...

The Strength of Auctions in the Rising Market

By Catherine Cashmore on 2 Sep 2013 No Comments yet, your thoughts are very welcome

After last week’s clearance rate dropped from 82 per cent to 79 per cent once all results had been collected, this week’s 75 per cent rate was back in line with the year-to-date trend, which currently sits at 71 per cent. ...

Where is the Property Market Likely to Head Post-Election?

By Peter Sarmas on 28 Aug 2013 No Comments yet, your thoughts are very welcome

It seems the 2013 federal election is a bit of a lame duck when it comes to affecting consumer sentiment in the residential housing market. Historically, confidence in housing slips in the run up to an Australian Federal election. Home buyers traditionally become cautious about the uncertain political environment ...

What is Affecting Housing Affordability?

By Peter Sarmas on 26 Aug 2013 No Comments yet, your thoughts are very welcome

If you’ve attended a property auction in either Melbourne or Sydney in recent weeks, you may have raised an eyebrow at the high prices some properties are fetching when the gavel falls. Data from Australian Property Monitors’ recent quarterly housing market report revealed that Melbourne’s median house price jumped in June ...

Melbourne Property Market Update – August 23, 2013

By Peter Sarmas on 23 Aug 2013 No Comments yet, your thoughts are very welcome

Over the recent week in property news there has been much debate about the current state of the property market, as well as the future ahead. On one side of the argument we have predictions that the market will continue in steady growth ...