Visit Melbourne Property Market & Prices for updates about all the latest Melbourne property market news, prices, forecasts and updates in 2013.
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 ...
This week, the Housing Industry Association (HIA) predicted a steady recovery for renovation investment and strong growth in the housing sector over the next few years. In their spring National Outlook report, they claim dwelling commencements could eventually match the highs achieved during the post-GFC stimulus ...
A recent study recorded huge jumps in demand for home renovation services after The Block and House Rules aired earlier this year, suggesting many viewers found renovation inspiration through these TV programs. Interestingly, this jump in demand coincided with the types of home improvement projects covered in each show ...
The NSW state government says tenants who ignore complaints about smoking on apartment balconies could face fines from the Consumer, Trader and Tenancy Tribunal. This would occur under a raft of sweeping changes to NSW’s strata laws, scheduled to come into effect next year ...
Warnings about self-managed superannuation funds have been rampant in the media over the last week. Now the Australian Securities and Investments Commission wants to ensure property investors are seeking advice from appropriately licensed financial experts ...
The Reserve Bank of Australia revealed in mid-September that about $18 billion of the $500 billion in Self-Managed Super Funds (SMSFs) is invested in residential property. Currently, this equates to only about 3.6 per cent of the SMSF kitty, but it is a growing area of investment, with some surveys suggesting that this number could rise ...