Visit Melbourne Property Market & Prices for updates about all the latest Melbourne property market news, prices, forecasts and updates in 2013.
Recent information suggests that property investors looking to purchases houses in high investment growth areas should look outside of major metropolitan areas and focus their attention on the regional market. According to CEO of Raine & Horne Angus Raine, regional areas have demonstrated a strong trend of capital growth ...
Talk that Australia is headed towards a property bubble has definitely increased over the last week, though economists claim property price growth is nowhere near the level it needs to be for a boom to take place. Auction activity slowed down in Melbourne over the weekend due to the Grand Final, but the market will be back in full swing ...
I wrote a few weeks ago about housing bubbles and misconceptions commonly associated with the term. A bubble is typically an illusion of economic strength that draws buyers in while masking underlying fragilities. In some areas of Australia, the recent investor-led rally in property prices is concerning ...
The health of the Melbourne property market was confirmed last Saturday, which was the eighth consecutive week where clearance rates topped the 70 per cent mark. In our weekend auction wrap, we consider the impact the global economy is having on consumer confidence and, subsquently, the Australian property market ...
Sceptical though I am about reading too much into short-term data, RP Data's Daily Home Value Index is always entertaining and is showing some strong indications of property price rises. Melbourne is perhaps a prime example of a city with property markets with deviating prospects ...
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 ...