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.

Aussie Underperformers in Property

By Pete Wargent on 10 Sep 2013 No Comments yet, your thoughts are very welcome

When I started writing my first book back in 2010, I underscored the reasons why I felt that of all the Australian capital cities, with the possible exception of Hobart, the city I would be least inclined to buy real estate in would be Adelaide. Given the supply/demand dynamic, I couldn’t see any valid reason why property prices would rise faster ...

Auction Attendance Down, but Clearance Rate Steady

By Catherine Cashmore on 10 Sep 2013 No Comments yet, your thoughts are very welcome

Pre-election chitchat should have assured sellers – and buyers – that housing values do not typically suffer from federal elections. I think in the current circumstance, a strong Coalition win will be enough to promote a sense of security, and perhaps relief, in Australians, who are not going to suffer a second term of minority rule ...

Melbourne Property Market Update – September 6, 2013

By Peter Sarmas on 6 Sep 2013 No Comments yet, your thoughts are very welcome

After a strong winter selling season, property experts believe the Melbourne market will see a record number of auctions in spring. The prospect of a more stabilised government after this Saturday’s federal election is also likely to have a positive effect on the property market. Read on for more updates ...

‘McSuper’ Funds Encourage Financial Planners to Push Investors into SMSFs

By Peter Sarmas on 5 Sep 2013 No Comments yet, your thoughts are very welcome

A boom in property sales for self-managed superfunds (SMSFs) is spawning a new generation of intermediaries offering pre-packaged legal, insurance and referral services, which some industry experts say could put investors into financial hardship. Clients and advisors are being urged to exercise extreme caution ...

Asbestos Register Now Required by Law

By AOXEN on 4 Sep 2013 3 Comments

Due to the serious health risks associated with asbestos, it is now law in most states and territories across Australia that every commercial building constructed prior to 31st of December 2003 has an asbestos register and an asbestos management plan. It is the responsibility of the person with control or management of the property ...

Sydney Auction Clearance Rate Hits a Stunning 84 per cent

By Pete Wargent on 3 Sep 2013 No Comments yet, your thoughts are very welcome

Auction clearance rates in Sydney hit the astonishing level of 84 per cent on Saturday, the highest recorded this year, completing a record month of August for the city. Last weekend's 79 per cent clearance rate was the only weekend in the last eight where less than a "boom time level" of 80 per cent of auctioned properties were sold ...