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.
In spite of a fall in the number of first home buyers this year, it is widely predicted that first home ownership will make a big comeback in 2014. Though it would make more sense that potential first time owners will be put off by the rise in house prices, a closer look at the different elements within the housing market lends support to this optimism ...
Before you wage a renovation war on your property, there are several costs renovators often overlook when checking the feasibility of their job. After all, when you’ve got a tight budget, the last thing you want to do is to come up against unexpected costs that should have been factored in at the initial planning stage ...
I’ve decide to jump on that high horse again and have a bit of a rant about the misinformation being dished up in the property market at the moment. What’s really getting up my goat are these so-called experts advising people to rent instead of buy under the belief that there will be a better time in a few years when the market collapses ...
Melbourne property prices jumped to record levels in the September quarter, though REIV chief Enzo Raimondo warned this may not be sustained over the long-term. First home buyers should also be aware of affordability issues when interest rates inevitably rise. The Melbourne market continued its upward growth cycle ...
The property market is going from strength to strength. According to the recent Australian Housing Outlook Report, Sydney, Perth and Brisbane will drive the market over the next three years. Here in Melbourne, we spoke to several real estate agents and buyer advocates to get their word on the city's auction activity ...
Property professionals seem certain Australians will witness fast property growth over the coming months. In fact, the chief economist at HSBC Bank went so far as to say that a housing boom is just beginning. Auction clearance rates remained strong in Melbourne, despite overseas economic concerns ...