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 – August 23, 2014

By Peter Sarmas on 23 Aug 2014 No Comments yet, your thoughts are very welcome

The Reserve Bank has confirmed that the official cash rate is likely to remain on hold for some time and that the outlook for the economy is uncertain. Despite a stream of negative predictions in the property market, Peter Sarmas argues against a collapse, citing improved consumer confidence and a rise in investment activity as reasons ...

Landlord Expectations Remain Sluggish

By Louis Christopher on 21 Aug 2014 No Comments yet, your thoughts are very welcome

The number of national residential vacancies decreased very slightly during July. A stable national vacancy rate of 2.3 per cent was recorded, which consists of 67,190 vacancies. Higher vacancies allude to an increase of supply in the rental market, shifting the balance of power from landlords to tenants ...

Borrowing Costs To Remain At Historic Lows

By Pete Wargent on 21 Aug 2014 No Comments yet, your thoughts are very welcome

This week the RBA released the minutes from its August 5 meeting. Unsurprisingly, they revealed that interest rates should remain on hold for some time. The Board judged that monetary policy was appropriately configured and that, on present indications, the most prudent course was likely to be a period of stability in interest rates ...

Melbourne Property Market Update – August 16, 2014

By Peter Sarmas on 16 Aug 2014 No Comments yet, your thoughts are very welcome

Due to a reduction in the number of homes coming onto the market, buyers could struggle to find a property during the spring selling season. Peter Sarmas discusses this tightening supply, as well as a recent surge in higher priced properties and the impact this is having on the overall market ...

National Stock Levels Plummeted in July

By Louis Christopher on 14 Aug 2014 No Comments yet, your thoughts are very welcome

The number of Australian residential property listings decreased during July, taking national stock on market down to levels not witnessed since February 2011. Nationally, the number of unsold properties on the market has been recorded at 334,683 for July 2014 – a -3.6 per cent decrease month-on-month ...

Melbourne Property Market Update – August 9, 2014

By Peter Sarmas on 9 Aug 2014 No Comments yet, your thoughts are very welcome

This week Peter Sarmas discusses existing developments that are improving housing affordability, and strides the government could be making on the issue, such as abolishing stamp duty. Meanwhile, Cate Bakos had to identify a historical property's realistic market value - or risk missing out altogether ...