Melbourne Property Market Updates

Our daily Melbourne property market updates are written by experienced property commentators, buyer advocates and investment experts. All have their finger on the pulse of the Melbourne property market.

Reasons to be Cheerful: 1, 2, 3…

By Pete Wargent on 13 Aug 2013 No Comments yet, your thoughts are very welcome

Here's a heads up: the one constant in the world is change, and change brings opportunities. So, we only really have two choices: we can either whinge about the changes that will inevitably occur or we can see them as opportunities and get on with life. In fact, that is the mark of every great investor who has ever lived ...

The Atmosphere’s Heating up in Melbourne’s Housing Market

By Catherine Cashmore on 12 Aug 2013 No Comments yet, your thoughts are very welcome

The last time the Reserve Bank moved interest rates so close to an election was back in August 2007, just prior to John Howard’s demise from office. Of course at that point, the cash rate was lifted +0.25 per cent to 6.75 per cent. Governor Glenn Stevens remarked that, “the world economy is still expected to grow at an above-average pace" ...

Melbourne Property Market Update – August 9, 2013

By Peter Sarmas on 9 Aug 2013 No Comments yet, your thoughts are very welcome

With this week's RBA decision to cut rates down to a record low of of 2.5 per cent, home buyer confidence is set to grow even further, meaning good news for the property market. However, as the federal election approaches, Catherine Cashmore cautions readers to avoid rushing into buying ...

East West Link – How Much Will Residents Be Compensated?

By Peter Sarmas on 8 Aug 2013 No Comments yet, your thoughts are very welcome

Concerned residents of Melbourne’s inner north who are likely to be affected by the proposed East-West Link tollway are looking to find out what exactly they are entitled to. Earlier this month, more than 350 property owners from Collingwood and surrounding areas were informed that their properties are likely to be affected ...

Do Women Have More Say In the Home Buying Process?

By Peter Sarmas on 7 Aug 2013 No Comments yet, your thoughts are very welcome

“Man of the house” may be a thing of the past – recent data suggests that women are more likely than their male counterparts to be in charge of making major decisions in the home buying process. The Ideas Exchanges Real Estate Program has released a survey stating that women have "the greatest say in the choice of property'' ...

Market Psychology – Sydney Property Booming

By Pete Wargent on 6 Aug 2013 No Comments yet, your thoughts are very welcome

The Sydney property market once again recorded an "extraordinary" 81.3 per cent auction clearance rate on Saturday at a median sale price of some $835,000 according to Australian Property Monitors. One auction clearance result at such an elevated level may or may not represent an anomaly ...