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.
By Cate Bakos on 6 Dec 2013 No Comments yet, your thoughts are very welcome
Buyers get very frustrated when auction results exceed the quoted range; and justifiably so. Interested buyers invest emotional energy, precious time and valuable dollars when they shortlist and pursue a suitable property. So why is it that some properties sail past their quote ranges while others don’t? There is not just one possible reason ...
By Street News on 5 Dec 2013 No Comments yet, your thoughts are very welcome
The Australian Prudential Regulation Authority (APRA) has recently begun to release data on the exposure to the property market by ADIs on a quarterly basis. The data is a welcome inclusion to the regular data flow and provides great insight into the type of lending that banks, credit unions and mutuals are undertaking ...
By Kristie Kwok on 5 Dec 2013 No Comments yet, your thoughts are very welcome
Despite low lending rates, 53 per cent of first home owners are said to be in mortgage distress. This alarming statistic comes from a First Homeowner survey conducted by Mortgage Choice in September, in which a thousand respondents took part. The results raise questions about lending standards ...
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 ...
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 ...
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 ...
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