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.

Melbourne Property Market Update – November 30, 2013

By Peter Sarmas on 30 Nov 2013 No Comments yet, your thoughts are very welcome

This week the Australian Bereau of Statistics predicted the Australian population will double by 2075. This has concerned many in the property industry, who believe we could face a dire housing shortage. Meanwhile, in his weekend auction wrap, Peter Sarmas considers whether there is a splitting property market in Melbourne ...

Current Recovery is Hurting First Home Buyers

By Kristie Kwok on 28 Nov 2013 No Comments yet, your thoughts are very welcome

Australian property values grew another 1.3 per cent in October according to the RP Data-Rismark index, raising yet again more questions about the sustainability of house prices. Combined capital city house values are up by 7.9 per cent over the last 12 months, representing the fastest growth rate over the past three years ...

Bushfire Season: Minimising Fire Danger to Your Property

By Kristie Kwok on 27 Nov 2013 No Comments yet, your thoughts are very welcome

The NSW bushfires last month were a sobering reminder of the dangers many face during bushfire season. As we near the onset of summer, planning for bushfire protection is a must if you live in a high risk area. An important part of this process involves preparing your home for the unthinkable ...

Melbourne Property Market Update – November 23, 2013

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

This week, a study released by Mortgage Choice revealed that Australians are confident about their finances. This optimism is said to be due to a succession of positive economic data. Property prices are also climbing at a steady rate. Peter Sarmas consulted property expects who attended a number of auctions ...

Auction Clearance Rates Up. Are We in a Boom?

By Kristie Kwok on 20 Nov 2013 No Comments yet, your thoughts are very welcome

Properties are selling faster, house prices are rising and high auction clearance rates prevail. House prices grew by 1.2 per cent in Melbourne over the month of October, and the latest research released by RP Data Auction Plus suggests Melbourne’s clearance rate is around 71 per cent ...

Why do Chinese Investors Find Australian Property so Attractive?

By Kristie Kwok on 20 Nov 2013 1 Comment

Chinese investment in Australia tripled from 2007 to 2012, according to real estate firm Colliers International. Local restrictions on property purchases, tax disincentives and the new wealth accumulated in China are major contributing factors to this trend. We examined some of the other reasons Chinese buyers are drawn to Australian property ...

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